mohsin_attique

mohsin_attique

Overall the pair is in the bullish trend with a series of HHs and HLs. From the time cycle point of view I have observed that after every 36 hours there is a spike in the price of pair and then the pair goes into a phase / channel. Currently the pair is in ascending parallel channel and 36 bars have been completed so again we can expect a spike in price action....

mohsin_attique

Idea is to take Short Position since after a massive bull run Cardano is now struggling to make new highs. A bearish trend has started with the LLs and LHs. Stop loss to be kept at the immediate resistance level from where the price action has rejected almost three times. First 2 Targets are set at immediate support levels whereas the 3rd is the 0.236 fib...

mohsin_attique

Harmonic pattern projected over bitcoin, idea is to take long position with the series of HH and HL in trend. Once rejected from the resistance level then we can take short position as Bearish ABCD reversal will be confirmed

mohsin_attique

Idea is to trade short position based on AB=CD Harmonic pattern in play with SL above the resistance zone.

mohsin_attique

Idea is to take long position based over the bullish pattern. Targets are derived from fib extensions and CUP & HANDLE pattern projections

mohsin_attique

Idea is to go alog the bullish trend with entry around current price and SL at the recent HL. Targets are derived through fib extensions

mohsin_attique

Idea is to take long position based on the strong bullish trend, SL with the recent HL and Target derived from Fib extension 1.236

mohsin_attique

Idea is to trade the bullish bat pattern as it is heading towards a potential reversal.

mohsin_attique

Series of HHs and HLs forming a bullish trend. Idea is to take profit at the immediate resistance and STOPLOSS at the recent HL

mohsin_attique

Pair has passed the resistance level with 3 white soldiers candle formation. The resistance will now act as a support so idea is to take long position with profit taking at the most immediate resistance levels.

mohsin_attique

Idea is to take short position based on a bearish trend with LHs and LLs in action.

mohsin_attique Updated 

Uptrend of ETH rejected from the resistance level so taking Short Position. Expecting the retracement to 0.382 fib level i.e. 2,869 since the same will be descending trendline support as well which was previously acting as resistance.

mohsin_attique

Idea is to take short position in the pair since the bullish trend is flipped. Stoploss is the most recent HL and Profit taking levels are set at the first support and the second one is based on ABCD Harmonic pattern.

mohsin_attique

Pair is in strong bullish trend, targets are based on the projections derived from Fib extensions.

mohsin_attique

Pair is in bullish trend with HH & HLs, Currently it has retraced up to 0.385 Fib level after rejection from the horizontal resistance however the HL is still intact. Idea is to take long position with SL at the most recent HL.

mohsin_attique

Idea is to take short position as the price action has reached a major horizontal resistance after a strong bullish trend. Most likely it is going to retrace up to 23.6% fib level so the same is set as target price to take profit.

mohsin_attique

Idea to take Short Position since the pair is rejected from Horizontal Resistance as well as Ascending Parallel Channel resistance (Confluence point). There is currently strong bearish candles so most likely it is going to retrace up to 23.6 fib level initially and if the trend continues then second target will be the base line of ascending parallel channel.

mohsin_attique

Idea is to take long position with SL of 1890, Gold has retraced to Fib level 0.618 after a major rally that started on 28 Jan 2022 from 1784 to 2068 till 8 March. Currently the same is support level as well as bullish hammer candlestick is formed at this level as well.