pjgonzales

pjgonzales

PLTR formed a perfect bullish pennant breakout last friday price close! More upside possible, watch price action closely on previous ATH. Not financial advice.

pjgonzales

Hey everyone, with the drop in price of bitcoin, we are seeing a nice inverse SHS forming on the ETH/BTC pair. Last time a breakout happened on ETHBTC back in 2017, a huge bull market occured for all alt-coins whilst bitcoin price went through consolidation. I'll also be keeping an eye on ETH/USDT to see price action on went to do my entries. Not financial advice.

pjgonzales Updated 

Stock practice #1

pjgonzales

LTCUSD possible rise back to ATH with a double bottom in place (similar to what Ethereum is experiencing currently), watch price action near neckline for bull flag or consolidation. Need to see a break above neckline to confirm a possible trade. Not financial advice.

pjgonzales Updated 

After a long awaited battle against the 10k levels, we finally come across a setup that gets me wayyy too bullish on BTC. A DAILY inverse head and shoulder is being created on BTC, and it is ready to breakout of these levels especially with the current news being pumped out (Paypal listing BTC!). We also had the most bearish news as well and we held 10k like a...

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After some previous ideas of trying to find the bottom with Vechain, I've decided to wait until a better set up arrives. Now that we've been waiting for some time now, we now have a lot of different patterns that could potentially give us a Blue Sky Breakout , one of the most fun breakout patterns in a ticker. Some of the patterns are a broadening top pattern,...

pjgonzales Updated 

Since my last trade idea became invalidated on VET due to a longer corrective wave than expected we finally touched major resistance off 0.01 resistance and bounced. Also bounced from double bottom neckline. VET is showing strong signs of staying alive and keep in mind VET has risen almost 600% (look at my first call on VET) and we are still ABOVE yearly CAM S4....

pjgonzales

During the past months LINK experienced something called a blue sky breakout. The drop from last month was expected as traders need to create new supports/resistances to trade out of (look at TESLA for example). As seen from the chart, it is showing very strong signs of recovery and a bottom from monthly trend-line. Watch price action at current levels, if it...

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Cryptocurrency Practice #3 TRON has multiple levels of take profits depending on how bullish you are on the coin. Good strong hold for long term as well. Confluences: 1. ATR at lows. 2. Confluences with eventual BTCUSD rise. 3. It is looking to break from YEARLY CAM R3 and pivot point. Showing lots of bullish momentum. 4. Possible double bottom formation on...

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I think everyone sees this picture perfect monthly double bottom, momentum is bull but Ethereum could possibly consolidate into a bull flag until end of November before confirming the monthly double bottom. A consolidation matches up with big boys vs smaller alt coins (look at my previous VET call). This could propel us towards $800. For risk management purposes,...

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We hit our TP on my last call of this pairing, I personally didn't take TP as I have a long term bag but the following is what I see thats up next. H&S formed on 4H and bearish divergence on RSI. Waiting for correction and a bounce from 50% fib. I'm not your financial advisor nor am I a professional trader. Trade at your own risk.

pjgonzales Updated 

Cryptocurrency Practice #1 Many confluences for this rise - 1. Wave 2 Psychology matches up, vicious sell-off occurred, news during wave 2 was bad and people thought of it as re-testing prior lows, wave 2 volume was lower than wave 1. 2. Weekly bear divergence died down. 3. Bounced off multi-year ATR lows. 4. Nearing CAM S4. Waiting for confirmations for a...

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Stock Practice #3 Multiple confluences of bear trend - 1. Creating a picture perfect Elliot wave pattern called Impulse Wave Ending Diagonal. 2. Could also be called a rising wedge that will produce a bear trend. 3. Bear divergences occurring in multiple time frames. 4. ATR at mutl-year highs, could help with the breakdown of the rising wedge pattern. Wait for...

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Cryptocurrency Practice #2 Confluences: 1. Weekly ATR at lows. 2. Chinese buyers slowly rising for cryptocurrency and Vechain is on their sights thus creating a huge rise in volume from the past weeks. 3. Bounced from monthly oversold area. 4. Confluences with eventual BTCUSD rise. 5. It is looking to break from year long trend-line and CAM R4 breakout levels. 6....

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Cryptocurrency Practice #3 Confluences: 1. Weekly ATR at lows. 2. RSI is printing a weekly bullish divergence. 3. Bounce from year long trendline and monthly CAM S4. 4. Bounce from 85.4% Fib retracement level of Wave 1. 5. Currently showing bullish momentum along with other coins. Leave a like if this helped you at all, would help a lot!

pjgonzales

Stock Practice #2 The 1st wave finished off with an Elliot wave pattern of 1-2-3-4-5. Waiting for confirmations: - Break of trend-line. - Weekly extremely oversold. - Wave 2 cannot go lower than 85.4%, a drop below $70 would mean the worst for BYND. - Daily bull divergence.

pjgonzales Updated 

Trying my beginners luck on my first post on stocks. I've been watching price action for Canadian weed stocks the past few months and it is now finally breaking out of bearish bias, especially Canopy. BEFORE entry, please look for confirmation on candlestick patterns or price action at important S/R lines. If this chart helped at all, leave a like or follow. I...

pjgonzales Updated 

Finally seeing some price action to break the long awaited break of a weekly and H4 inverse head and shoulder. The head of the H4 inverse head and shoulder is the right shoulder of the weekly inverse H&S. 1st target is CAM S5 and a major resistance fractal. If this chart helped at all, leave a like or follow. I would love any feedback/advice about my chart to...