Adam and Eve Double Bottom possibly forming on the 3D time frame. It needs to close above the black line to confirm the bottom/trend reversal.
stop loss was unfortunately hitten in the last operation cause the price didn't completed the ross hook pattern , right now the price is giving us another long opportunity on the trend line , let's see how the price move .
This pattern is very attractive and could be 20% gain on this one. There are some warning signs on this one though, 1. Volumes low. 2. 180 EMA is now showing up on the chart. It could provide a new resistance level around 29.80 which means possible gains could be cut in half. Still want to confirm the reversal today, and look at other options to see what's best. uc.
Hey! I hadn't checked enough until I checked the past behaviour. It seems like I was too shy at calling just a 25% drawback. It might be similar to the previous impulse. Since I cannot change the original Idea, I republish this one minuts later :) Thx in advance
Price make a correction right now. Watch the breakout. SL below 0.7146 Potential Target 0.7561
Ethereum has continued in its downward channel, we had a nice bounce off the top of the channel at 128 and then we saw the price drop down and not push through the downward sloping resistance line. We are now currently in a symmetrical triangle that is looking like it will break to the downside. If it does drop to the downside, there is a big possible profit ratio...
EURUSD Change of trend coming soon , waiting for that bullish candle to confirm it .
Bearish Bat pattern with a confirmation after bullish channel broke
The candle from today is not such a big deal, we are far from sunny days, it was nice to see how it raised like that, but it stayed too much on the ground. There is a begining of a double bottom pattern with a lot of accumulation down there, but is a lot of work for doing it, the distance right now from the candle and 200 EMA is 40%, a move that can be done in...
Saw what this did last time. Looks like it's going to repeat itself one more time, break out of the SMA and I'm in! get some gains! 25.65 would be a desired goal. uc.
Overall on week 5 JPY was one of the weakest among pairs. CAD was dominant Therefore I expect bearish market and short. Weekly Exhaustion candle = short Daily It was bull market then exhaustion candle = short 4H Bearish market. Open Short ENTRY 0.01930 SL 0.012191 TP 0 .011365 RR 2.24
Overall On week 5 CAD was the leader and dominant among pairs. Also now price in clear ABC correction and below SR. For me al it is clear sings of shorting case. Weekly Downtrend. Daily Downtrend H4 Short from ENTRY 1.31156 TP 1.29400 SL 1.32100 RR 1.8
Good morning, traders. The battle between supply and demand rages on. Bitcoin's price dipped to near the bottom of the local TR at $3364 and has since rebounded back toward the top of it at around $3445 so far. The fact that much more demand is showing up at the bottom of the TR than supply at the top should have the bearish among us concerned. I'm still looking...
I see confirmation of support & am going to open a small position on Monday. Will have a target of $13.25 2% stop loss Good luck traders!
AUDUSD could expect 30-50 pips fall next days. It just reached supply level at psychological level price in market imbalance with NZD. Stay tuned and feel free to follow up for more ideas. risk reward 1:2 Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility...
Good morning, traders. Price continues to look weak as it made another lower low overnight. However, it remains within the descending wedge, though a bit of a bounce is needed if that pattern is to remain intact. We can also see RSI printing the same descending wedge. Daily RSI sits at 36.46 right now and H4 RSI is sitting at 32.2, having just bounced back out of...
Just wait for breakout if it breaks upwards out of triangle then take the trade there, better to watch for reaction than to enter early