Currently we are in a downtrending channel. Elliot Wave target of the WXY is 8.4k, which has confluence with the AB=CD pattern (AB : .382 retrace = CD : 2.41 - 2.618 ext). Sell near the upper boundary of the trend, and counter trend takes could be taken at the bottom of the trend to ride sell the rally's. If we break out of the channel, expect sharp movement either way.
A bullish divergence pattern is forming with RSI and MACD showing possible reversal of trend. A break of the descending channel on 4H chart will confirm this.
Expect some activity above the trend line - basically becomes a bull trap.
Bulls buy expecting BIG profits, only to have their dreams dashed.
New Short oppportunity.
Riaan
Olá a todos!
Não sou um profissional mas também nenhum novato neste meio. Tenho como objetivo aperfeiçoar minhas estratégias e publicar cada vez mais setups aqui pra todos vocês!
Como sabem, todos trades postados são analises para fins educacionais, cabe a você a decisão de entrar, ou não, em uma operação.
Está é minha visão do que eu espero ver no par USD/JPY...
As you can see on the chart, this might be an obviously huge pattern we're following on the weekly candles. If we are following this pattern, currently we are in the beginning of the number 3 cycle on the chart. We haven't had the 2nd and 3rd cycles after the big parabolic rise to get into the huge crash in 2014 again yet, assuming we're following this...
Hello Guys,
I've been a trader for the most part of last year, however I have finally decided to come to TradingView to start sharing my ideas as I feel as though we can all benefit from them. I have titled the Idea as a bull run to 13900 USD. I know, I wont be highlighting why in this chart but I will show you exactly why this number is the magical number that...
Looking at the 4h Chart of the GBP versus Australian Dollar we clearly see a triple top. Price is always testing the 1.84714 zone. This gives us a nice indicator for a trend change on this chart. Looking for a short in this scenario we also see that the RSI is showing price weakness. Our take profit is at 1.61780.
So far we have resistance at 50 ema, there is positive momentum on the higher time frames, which might lead us to test the top of triangle target level around 271$ , but we must break 50 ema first, and failure to break,will bring us back to 200 ema area and retest of the bottom of trend line.,258$-260$
Hello guys,
I believe I have found a possible pattern which may play out over May, and will possibly take Bitcoin on a path to over $10,000.
I have also attached a fib retracement guide, which matches up perfectly with the bottoms of the following trend.
Let's see how this plays out.
remember,
Patience is Paramount!
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Once I get over 10 upvotes, I will post...
Hey, I am back with another trade Idea.
This time looking at Ambrosus that has seen stable growment over past days.
Ambrosus is a low market cap token sitting at rank 166 which means there is potential for a high % breakout.
Okay, taking look at the chart you can see that a rouding bottom from downtrend has formed.
Taking look at the Indicators.
MACD is...
BTCUSD is still in an uptrend!
There is absolutely NO reason to be shorting the Bitcoin now. All the momentum is with the bulls and with the lastest breakout to the upside, further confirms this stance.
BTCUSD had been consolidating nicely between the $9,700 and $8,600 and forming a tight squeeze along the upper trend line. This is essentially a pattern...
Ethos token has reached an all-time high, hitting 90k satoshis and the correction down followed and continued within the falling wedge pattern. Price went down to 31k satoshis, which has resulted in a 65% decline over the Bitcoin.
BQX/BTC found the support at 127.2% Fibonacci retracement level applied to the November 2017 corrective wave down. After hitting the...
![BTCUSD: Bitcoin Analysis [UPDATE 29-04-2018]](https://s3.tradingview.com/o/olvGBrCc_mid.png "Bitcoin Analysis [UPDATE 29-04-2018]")
