Get started

5-0-pattern

Gold 4 Hours Chart ProjectionAfter properly collecting our data from the Monthly timeframe, we have identified our Monthly market structure which price successfully rejected the resistance twice TSE:2070 . NOW Market is about approaching the same monthly structure the third time again. Using the last two price data, market rejected the monthly level and rapidly, the price declined to the downside making a new lows. Moving lower to weekly and daily timeframe, the current push to the upside shows a valid uptrend (Impulsive & Correction) and now we are currently in the impulsive phase of the daily timeframe. The 4 Hours shows how price is moving on a more clearer view and we're anticipating price to hit the MONTHLY resistance before we have a new drop to the downside.... GOLD ANALYSIS ON 4 HOURS.
OANDA:XAUUSDLong
by opizzlefx
🔥 SXP Uptrend Confirmed After Major Sell-OffIn my latest SXP analysis I talked about my expectations of a reversal after seeing some bearish price action. My initial support area was not as strong as I thought initially. However, after reaching the 0.50 area there were ample investors waiting to step back in. On the chart you can clearly see a pattern of higher-highs and higher-lows. I think that there's still more gains to be had in this move. Targets in blue.
Long
by FieryTrading
5
🔥 OG Falling Wedge Break Out After +400% PumpOG saw a huge move last week where it gained more than 400% in less than two days. Since that time, OG has been steadily selling off and lost over half of its value. However, OG has been making a falling wedge pattern during that fall. With both BTC and ETH seeing incredible gains, it's in my eyes a matter of time before we get some kind of pump on OG. We're currently in the process of breaking out of the falling wedge (a bullish reversal pattern). In case we can close the current hourly candle above the pattern's resistance, I'm aiming for the targets in blue. OG is a highly volatile token at the moment, be aware.
Long
by FieryTrading
7
#BTC - Head and Shoulders pattern + HIGH ROOF Resistance.#BTC - Head and Shoulders pattern + HIGH ROOF Resistance. Can we break it? -> Look at the liquidity and volume which is super super super LOW. All indicators look like we are reaching this RUN's top. So be careful. - - - - - The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis that shows a baseline with three peaks, the middle peak being the highest. The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end.
Short
by JB_Consulting
S&P 500 (CFD): Sell every technical rebound in short term?...from a technical point of view and looking at hourly chart, the answer is "yes"! Hello everybody! If we look at the whole bullish movement started from 22 October 2022, it doesn't seem to me an impulsive rally, far from it! The developed swing seems to be something similar to a corrective structure (ABC Pattern as shown on chart), and if this analysis is correct, $SP500 should trigger an interesting bearish leg with targets around 3710/3650 area. Today and tomorrow very important US data will be released and we must not forget that if the data will be good it is possible that the market reacts on the opposite side.... If we look in the long term, I am absolutely a bearish as well as shown in the chart below. (Click & Play on Chart below) Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖 Cheers! N.B.: Updates will follow below
OANDA:SPX500USDShort
by TheAnonymousBanker
16
🔥 Bitcoin Following Elliot Wave Pattern: Correction Incoming?A couple of week ago I made an analysis on Bitcoin and the fact that we can potentially follow an Elliot Waves pattern. For now, my idea seems to hold. With BTC breaking out this week, we're now in a huge resistance zone that goes back all the way to 2021 and 2022. Furthermore, the weekly RSI is approaching overbought territory quickly. We can easily move up another HKEX:2 ,500 from here, but I think we need some serious buying to break through HKEX:32 ,500. Consequentially, I think that there's a lot of investors waiting for the weekly RSI to reach overbought that either want to sell their BTC that they bought in 2023, or that look for shorting. Not sure where the correction will bring us. For now I look at the August 2022 top around HKEX:25 ,200, but it could also be higher.
INDEX:BTCUSDLong
by FieryTrading
19
EURUSD: A Solid Bear with AimHello Traders! Welcome back to another trade with analyst Aadil1000x. This is a nice day as we are in a position where a big move will happen soon. We are at the peak of that move. We are now at the reaction point and if there is a Doji candle or Reserval 'M" shape pattern above the reaction zone, then enter the short. It will testthe broken trendline. There is a deep reason why the market will go back towards the broken trendline and we will learn it soon. We are aiming at least 300 pips from this move. Don't forget to hit the like button and follow to stay connected.
Short
by Aadil1000x
Polkadot - DOT breakout patterns🔵🟢🔴👀We see a daily breakout pattern within a weekly breakout pattern for Polkadot dear Crypto Nation🔵🟢🔴👀 That can lead to a huge bullish breakout with a new high on daily chart followed by a new high on weekly chart🟡🚨 Have a great day dear Crypto Nation😎 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
BINANCE:DOTUSDLong
by Crypto4Everybody