Bitcoin are performing Shoulder Head Shoulder and almost completed. The target will be on Red box and maximum pain will be to yellow box. The other technical analysis are descending parallel channel and three drive pattern. They are point the same target about the dump, which is 26K and next target will be 23K-22K
The market has been consolidating and creating more corrective move compared to impulsive moves which led us to a demand zone that was in alignment with three bullish drives. The combination hiked price up to the initial internal liquidity level after breaking the structure. On lower timeframes we spot a nice contraction which provides a distribution phase, a drop...
A bearish-type 3Drive pattern occurred near the resistance zone of 1.8010-1.8310. (In this resistance zone , there was a rebound in Aug 2020, May 2020) Short after seeing the rebound. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
The market printed a stunning three drives pattern in which the third drive went volatile on the 4h timeframe and broke out of the internal liquidity level. With the idea that price follows liquidity, the anticipation is for price to push to level 1.49388 which is the 4h liquidity pool. From the high we’re looking for a liquidity sweep to drive the market down to...
The 4h time frame is looking clearer, price is going up -we have a bullish order flow. Currently we have price approaching the fair value gap, if price doesn’t persist with this upward move and should the area act as a rejection then we ought to look for that third touch to give us three bullish drives to the upside. Then we’ll have a sell to buy market scenario....
This structure looks quite interesting, as we follow its data we acknowledge that the three drives pattern was invalidated, price made a pullback to both the order block and fair value back then reduced and broke through… Price then broke below, and swept this minor internal liquidity that resonates with the internal demand zone… so from here I’m anticipating a...
Price made a liquidity sweep in a corrective nature and made an inverse shooting star to drive the market all the way down and created divergence. The complete creation pushed up and respected the area by a wick we boosted the current pullback with some momentum. With this move in motion, the hunch is for price to mitigate this instant order block then go bullish...
Gold is a truly different things with other investing objects. After reach highest high this year, we can see how much fear and fragile ranging price above 2k. Nowadays people realize more that somehow they can make a good investment on gold, but in the other side gold is not a thing that can used as money machine. They can have the expected benefit from gold...
1.22741 which happens to be the first drive, drove price up to give us a liquidity pool which also gave sellers the takeover to correct the inefficiency and to provide the second drive. The second drive advanced in a volatility contraction pattern, the contraction created a swing high high which the got broken by the volatile move. Then eventually a liquidity...
The shooting star candlestick made a huge liquidity piercing and dragged the price down to mitigate the inner demand zone which pushed made a contraction that respected the breaker. The breaker block led price to decline even more to break the structure and create divergence. The divergence pushed up and mitigated the supply zone to give us the stunning...
The Bitcoin cycles get really repetitive once you layout the movements like I have here we start to see the patterns it creates. I don't daily trade I don't recommend you to either, open your mind to a further time frame and setup prior to these movements giving you freedom to use lower leverage if you do trade. I use the L-MACD (Logarithmic Moving Average...
Triangle/Three drives within an upgoing zigzag. We more often now base stop loss off a moving ATR, as testing had shown this to be a more effective strategy than mere price levels alone. Yet, ATR is not always an option. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...
This market structure is characterised by lower lows and lower highs, therefore it is a bearish order flow. After the divergence occurrence nor the diagonal liquidity grab, the market took an impulsive bullish turn which is now being rejected by the middle supply zone. From here price could correct the imbalance or break below to mitigate the demand zone and shoot...
BINANCE:BTCUSDT COINBASE:BTCUSD Bitcoin analytical series S01E09 Hello traders, don't forget to risk-free your positions. Long targets ----> above Green lines. Short targets ----> below Green lines. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
We have this wedge that created falling three drives in which the third touch simultaneously triggered the 4h breaker block. There’s a piercing line candlestick pattern which indicates strong buying pressure. With so many significant areas highlighted, the initial target is 134.732…
The market started off with accumulation phase to provide this nice bullish drive and got rejected by the 4h fair value gap. Then price dropped to the order block, respected the area and formed a young bearish order flow to give us the descending three drives which also created three ascending bullish drives. Both the drives have created a retail pattern which is...
hello guys... are you okay? Today, I want to analyze gold and look at its past to see what has happened. I noticed that after a sharp movement, a three drives pattern formed, followed by an engulfment of the last drive to form a QM pattern. At the same time, a double bottom was also formed, which led to the target being reached. However, I believe that gold now...
At first the market provided three ascending drives, pushed up, respected the fair value gap and dropped to the order block support. Accumulation phase occurred before the volatile move to the breaker block, now price made a retest to the phase. From here we should expect a bullish move to the inner supply zone, the urge is to buy…