Hey everyone, apologies for not being active on here lately !. Set a Buy limit @1.08000 and @ 1.07920 Set a 25-50 pips stop Aim for 1.08500 - 1.09000 Use proper risk management !. 22.04
Introducing $2.425 - Ethereum ETH W-shape pattern scenario. Price in that moment at huge volume resistance $3.236 and at EMA60 of MA Ribbon. For me more likely that we don't see a V-shape pattern but a W-shape pattern with second leg down to $2.425. Importance of $2.425? - this was the most seen volume at the current V-shape and the daily high on July...
Bearish scenario: A possible triangle on Wallstreet and SPX would likely break to the downside since trend came from downside direction - trend continuation. Bullish scenario: A possible w-shape pattern could play out with a big bullish signal after inhibitions before FOMC - positive impact on Bitcoin and Co as consequence. What do you think? 😎 Drop me a nice...
If Bitcoin reaches and breaks through the level of ~$42.440, it will form a W-pattern, which targets to ~$43.410 Waiting for the denouement...
BPCL 16 jan 22 Formation of Bullish W pattern on daily time frame CMP 398 T1 412 T2 434 T3 444 For Education Purpose Only
I am not sure about it, but is this a legit W pattern? If so, then bitcoin is super bullish or not? Just a noop so I am asking the experts ☺️
TA explained DODO is following text book price action so far after the formation of the W-pattern and the pullback to retest the neckline of it. Since the breakout of the descending channel/falling wedge end of September, price has been trending upwards. The trend is even more clearly visible on the 4H chart as can be seen here: As you might have figured from...
TA explained SKL formed a huge W-formation and retested the W-neckline on the pullback. Price is bouncing on the 4H 50 MA which also aligns with the Golden Pocket. Targets align with the extended fib levels calculated from the current pullback. Trade setup Best entries: 0.329910 - 0.345500 TP1: 0.45880 TP2: 0.53836 TP3: 0.62286 SL: 0.30903 RR: 10.11 Max...
ITC is forming a W-Pattern on daily chart BUY above 217 Target : 224 Holding period : 1 to 3 weeks
With the w-pattern (double bottom) forming on LTC, in my opinion it looks like litecoin is currently riding the downward trend from its breakout (red line) before a potential break upward that might occur over the next few days. I mentioned before some long-term trends to keep an eye out for LTCBTC, but there might be some upward potential for LTCUSD in next few...
TA explained YFII created this huge W-formation. It seem to have completed the pullback of the latest impulsive move and ready to go for a retest of previous top and surpass it for higher targets Trade setup Best entries: 1994 - 2292 TP1: 3199 TP2: 3994 TP3: 4903 TP4: 5997 SL: 1599 RR: 7.03 Max leverage: 1x ————— Do Your Own Research (of course) Trade at own...
TA explained TRB consolidating just above broken resistance and "around" the neckline of the W-formation. Trade setup Best entries: 35.681 - 38.350 TP1: 42.373 TP2: 48.003 TP3: 54.764 SL: 32.371 RR: 3.86 Max leverage: 1x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
TA explained ROSE retested broken resistance clearly turning it into support after bouncing multiple times from this area. Forming a W-formation now. Price is consolidating at the neckline, a breakout will trigger a bullish trend. SL below the support area. Trade setup Best entries: 0.09749 -0.10079 TP1: 0.12090 TP2: 0.13258 TP3: 0.14578 SL: 0.08205 RR:...
TA Explained After a strong impulsive move CTSI pulled back and formed a support area. It dropped below it twice but regained it now again. Price action is forming a W-formation now. Consolidation at the neckline would increase the trade probability. Trade setup Best entries: 0.18439 - 0.20996 TP1: 0.26322 TP2: 0.34242 TP3: 0.41718 SL: 0.15344 RR: 5.09 Max...
Wait for a big climb for gold.
TA Explained ALGO Completing the W-formation on bigger timeframe with a bullish continuation pattern at lower timeframe. trying to get in on the final dip within the falling wedge Trade setup Best entries: 0.4149 - 0.4303 TP1: 0.4548 TP2: 0.4806 TP3: 0.5107 SL: 0.3945 RR: 3.16 Max leverage: 3 ————— Do Your Own Research (of course) Trade at own risk (of...
SUN Pharma Above 506, Target 515 SL 496