🚨 BTC Weekly Analysis: Cup and Handle Pattern Alert 🚨 I've been closely watching Bitcoin's weekly chart, and we're seeing a textbook Cup and Handle pattern forming. This setup is usually a strong bullish continuation signal, and I'm ready to jump in if we break out above the handle. 🔹 Entry Point: Around 66k-67k upon a confirmed breakout. 🔹 Target: Aiming for...
I've identified a head and shoulders pattern on the 12-hour and daily charts for GBP/NZD and have initiated a short position based on this classic reversal setup. I'm opening two trades for this setup: The first entry is at 2.11218, near the neckline of the head and shoulders pattern. The second entry is at 2.11487, triggered by a 12-hour close below the...
I've identified a rising wedge pattern on the GBP/JPY hourly chart and have taken a short position based on this bearish formation. I'm executing this setup with two entries: First Entry: At the top of the rising wedge, with an entry at 189.520. Second Entry: On a confirmed break of the wedge, around the 187.93 area, based on an hourly close below the...
I've entered a long position on USD/CAD, using the Fibonacci retracement for my setup. The entry is based on the golden pocket level, a key area between the 61.8% and 65% retracement levels, which often acts as strong support. Although I've been underwater on this trade for a while, I'm still confident in the strength of the golden pocket. My stop loss is...
I've identified an ascending triangle on the gold chart and have taken a short position from the top of the range. My entry is at 2,443.506 with a stop loss placed just above the triangle at 2,446.460. Ascending triangles typically signal a bullish breakout, but I've positioned for a potential pullback or false breakout. My stop loss is set conservatively above...
im shorting btc to the 58,500 level, once we break the falling wedge im going to add the rest of my margin to the trade and let it ride down to the 58,800 / 58,500 level
Specusdt.p Bullish Setup: Bull Flag Breakout The SPECUSDT.P pair has formed a classic bull flag pattern, and we've just seen a breakout above the structure at 6.008. While this is a promising sign, I’m waiting for a 4-hour candle close above the flag to confirm the breakout before entering a long position. Entry: Watching for confirmation above 6.008. Stop-Loss...
bearish price on crypto overall, btc going to 58500 for a s/r flip on the 4hr there i a m pattern, waiting for the confirmation, once we close below il open a 15x trade
This right angled ascending broadening wedge is a downward reversal pattern. Its formed by two diverging lines, the support is the horizontal range low and the resistance is an oblique bullish one. I am waiting for a short entry / long entry at the bottom of the range traditional strategy: Entry:Opening a short position at the support break Stop loss:The...
on the daily we have a falling wedge which broke out