This is Bearish Gartley pattern. Point D should be at 3002-05. S&P500 should see sellers at 3002-05. SL should be placed above 3026. Target for sells should be around 2780. This should be short term downtrend. If you enter now you will have 4 RRR. Good luck.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together....
On the 4-hour timeframe, the potential formation is XABCD pattern, the main condition is that the CD comes to the level of 0.886 from the length of XA, which is the main element for determining the Potential U-Turn Zone. Just this level passes at the level of the lower border of a large triangle.
3 pushes up, and now a new low has been made. The 50 & 200 MA has crossed and now there is a retest to the 200.. THIS IS PERFECT. THIS IS EXACTLY WHAT I LOOK FOR BEFORE PUTTING IN A POSITION
WAIT ON REJECTIONS. ONLY TRADE CONFIRMATIONS.
Bitcoin up again. Created support levels to bounce off, that's my bias anyways.
here is a trade taken earlier, D point has formed along with a suitable reversal at the level. Two green lines are where it is predicted to get too. i have placed a 1:1 risk:reward however it is before the first take profit, hence if it starts to go that way the probability is higher that it will meet that target. black line is entry point.
Not to much information on this publish due to time, however trade taken a D point has formed along with a suitable reversal at the level. Two green lines are where it is predicted to get too. i have placed a 1:1 risk:reward however it is before the first take profit, hence if it starts to go that way the probability is higher that it will meet that target.
Here is an XABCD Pattern which is allowed in my strategy the risk:reward is 1:1, conformation on the reversal at D with Reversal candle stick (Long bearish), TP/SL have been marked on graph
Here is an XABCD Pattern which i have entered due to it meeting my strategy requirements, not much information on this one apart from black line = SL, green line = TP and Yellow line = Entry. 1:1 risk reward should hit profits which are both green lines however i have placed it slightly before the first TP to ensure it hits, i expect it to at least meet first...
Will we see a repeat in this year's performance over the coming months? With the halvening around the corner things should get interesting....
Harmonic XABCD Pattern is forming on daily time frame wait for the B point once break above then there is room of 171 pips trade.... Also Sell Line os broken market is in buy zone area.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions, -
$BTCUSD is pulling off once the 13000 proved to be a strong resistance to break. If the cross keeps the current level (around 11300/11400) it could bounce back up. If, otherwise, the level is broken, we are definitely going down. ***As usual, my idea for information and educational purposes only. NOT a trading advice***
Finalizamos con este par nuestro set de swings, donde vemos una buena oportunidad teniendo en cuenta los siguientes factores: - Resistencia importante en W - Patrón XABCD (dientes de vampiro) - Nivel 50 de fibbo bajista - Y posible toque en linea para continuación de tendencia bajista principal. Buenos profits para dos.... @yeisonmendez.fx
After seeing all time highs, GOLD will see a breakdown.
New hi made. XABC Pattern in effect. Waiting on the pull back and sign for entry. 3 highlighted areas of confluence.