LITECOIN short term-SHORTHello All 🐶😃🐼
It's Jazerbay here, I missed you all and I am back with this idea.. let's go ! 👇🏼⬇️⬇️🤸🏼♀️🤸🏽♂️
I have been watching Litecoin action on the short term time charts. I am noticing a very possible Head and Shoulders pattern forming 🐻
If this plays out we will see price drop to some of my projections, with 106 being the lowest for now😯🔥 This could happen pretty quickly if we don't stay above this support area of ~120-123.
Litecoin has been very bullish compared to other cryptos in the market for the last couple of days so if we catch support here then this projection is invalid 🙂
Thank you all for coming today and Happy Holidays
Good day
As always
🛑‼️ This is not financial advice, please trade at your own risk with caution 🛑‼️
☯️ jazerbay
1hr
Bulls HnS's Prec.Metals below. Plz-read-Friday Gold Commentary!
There are some bullish Head 'n' Shoulders patterns today in Precious Metals.
1st up see charts for Palladium XPDUSD. This is a bullish H & S's on multiple timeframes. 5m played out earlier in Asian session but we still have setups on the 1HR, 2HR and 4HR charts.
If Mr Powell gives the market the boost and shot-in-the-arm that I think he will today because I am guessing he has been a bit on edge lately like a trader who just lost 30k in a day. I am hopeful we will get a good run today Long in precious metals. Mr Powell speaks at 10am Eastern USA & Canada.
Be aware that some of these setups have already retested and others have not, but I will do my best to guide you through it with an alert if Entry becomes noticeable to me in the charts later. This is of course if you are a newer trader. I know most of you are experienced.
Is ABTUSD already triggering c&h w/a handle only on small TFs?ABTUSD just recently hit the full target of its linear chart’s recent bull flag breakout and in the process filled out this beautifully sculpted cup that I thought would take several daily candles to complete a handle of before continuing to move upward….to my surprise price decided to only let the handle develop on the 30minute-2hr chart before breaking above the neckline. So it is currently now most valid on the 35-45 minute chart…making it far more likely the pattern can be nullified on such a small tie frame, however as of right now it is well on the way to the full c&h breakout target…a few dives back below the neckline especially on such a small time frame are quite possible too before it musters up the strength to hit the full target. If it does hit that target it is well on the way of finally hitting my much higher target of the Log charts bullflag breakout which I will link that idea below. Keep in mind because it is the log chart its measured move target from breaking up from the flag is considerably higher than the one that was on the linear chart. *not financial advice*
Hourly Falling wedge on GMELooking at a small breakout of a pretty large falling wedge on GMEs hourly chart. If it can break these two supply zones at $16 and $17, It may re-test those $18.50 levels again. I would keep an eye on this one. Also if you zoom out a bit more you will notice a massive double bottom... On the flipside, we are also still inside the weekly wedge with a bit more space to play. GLTYA, and Happy Anniversary!
eurusd shortOn the 2hr timeframe, I notice a OB supply level with liquidity taking out the previous SL before.
I have placed my entry on this and am now waiting. This type of trade will probably run for couple days due to the big move to the downside.
I will be taking partials from certain price levels.
Bitcoin 1 HR - Measured Moves playing out so far! BTC 1 Hr - Measured moves playing out so far to the downside.
The First Measured move (blue) to the upside already played out also.
Looking for the 2nd (green) measured move to play out if the bulls show up.
Nice Weekly close for Bitcoin. Lets see how things play out this week.
Could be a perfect storm, Banks failing is a BIG call foe Bitcoin!
Lets GO!
Lets stay ready!
Good Luck Out There!
EURCAD I Pullback and local short to supportWelcome back! Let me know your thoughts in the comments!
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SPY Trading Recap 2/7/23Nice wins today. Pretty volatile times I won't lie. But you can still find the right moments to strike that aren't during the heat of the battle. I would like to get perfect setups, but patience, and the indecision on whether price will allow for it stops me from waiting. Therefore, I did suffer some losses today but at least we had a nice day trading.
SPY ICT Trading Recap 2/6/23It's been a while. Today wasn't the cleanest day in terms of the market but I still managed to wiggle some profits. Hopefully I can get some cleaner, more profitable setups to erase the forced trades. Although, I may not talk about my losses I do lose, and not everyday is green. But, when it comes down dollar to dollar wins vs losses that's when it counts. So far in that, per week, I am yet to lose
USDJPY I Potential buy from demand zoneWelcome back! Let me know your thoughts in the comments!
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NAS 100 I Short scalp from resistance Welcome back! Let me know your thoughts in the comments!
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