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5-0 Pattern

Green week for Dax? 3 possible entry pointsPossibly a 3 entry point, 2 buys and one Sell. A 5-0 pattern is being formed inside of a pennant, still, there is the Gap highlight above to be fully filled, the 200MA 1h is holding well so far, the VWap also is holding as support and the volume profile strongest base is just under the last candle, let's see GL, please note I use multiple time frames on my analysis and all lines are supposed to be there, Good luck and any question please don't hesitate to ask, have fun 🤗
FX:GER30Long
by RealPastorBob
Ethereum (Counting Waves + London Hard Fork)!!!Hi, Today I came back with Ethereum analysis after the last post that I published on Jun 21 ( Topic: Ethereum Counting Waves !!! ). Ethereum’s long-awaited London hard fork is likely to launch on Aug. 4 between 13:00 UTC (9 a.m. ET) and 17:00 UTC, with block 12,965,000 . Many Ethereum enthusiasts are excited for the delayed release, while some are watching on with “cautious optimism.” As a part of a roadmap designed to lead up to the release of Ethereum 2.0 , which will replace Ethereum’s current proof-of-work protocol with proof-of-stake , the London hard fork has been implemented into various testnets. After successful activation on the Ropsten and Goerli testnets, the final hard fork release date was decided. Ethereum Analyze ( ETHUSDT ) Timeframe 4h ⏰ Location🌊 : Ethereum finished Main wave 3 at 4370$ (We saw a great rally on this wave), then it started the Main wave 4 . Ethereum played on Main wave 4 ( Zig zag 5-3-5 ) for about 69 days , and I think that end of the Main wave 4 was at 1706$ (The end of microwave C ). The microwave A has finished at 1866$ (impulsive== 5 waves). We passed from microwave B by Contracting Triangle (The end of microwave B was at 2847$ ). Live : I think that Ethereum was able to find its own way, and it has started Main wave 5 for making a new All Time High (ATH) . now Ethereum is running on Microwave 1 of main wave 5 , and we have to find Corrections that we can jump to it. one of the important corrections that we can concentrate on is a microwave 2 of Main wave 5 , if we can find the end of this microwave, it will be a good chance for buying Ethereum for a Midterm or even a Longterm . First , we have to answer this question 👉 where is the end of microwave 1 ? Target 1 : 2653$-2620$ (Current price + probably we will see dump after Ethereum’s London Hard Fork) Target 2 : 2826$-2822$ == Heavy Resistance (Monthly Resistance 1 + Fib cluster+ Point C of Bullish 5-0 Harmonic Pattern+ TRZ) Second , where is the end of microwave 2 ? Target 1 : 2263$-2081$ (Monthly Pivot Point + Fib cluste + Yearly Resistance 4) Target 2 : 2263$-2180$ (Monthly Pivot Point + Fib cluster + Point D of Bullish 5-0 Harmonic Pattern) My Suggestion : if you want to have Ethereum on your portfolio , you can wait for the best Corrections and then jump . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
17
DXY SHARK HARMONIC INTO 5-0 COMLPLETION The Dollar Index has completed the 5-0 pattern that originated from the Shark Harmonic Pattern. My style of trading focuses on flowing with the Harmonic Market Structure price reveals. Price Action , Fibonacci , Wave Sequence s, Moving Averages , and a mixture of Multi Time Frame Confluence . Most importantly the visual realization of emotions cycled into the chart. As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below. Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together , the more informative these ideas become for newer traders. STAY PATIENT & STAY BLESSED! ~T$
TVC:DXY
by OkayTrev
1
Bitcoin Analyze (Playing with Harmonic Patterns)!!!Hi everyone, did you buy coins in the bottoms?! if not, don't worry, I think that we will see there again.😉 I force to repeat some information again, maybe someone did not read it. Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). If you followed my posts, we found End of microwave 4 of the main wave C, but it was wrong because counting waves can change (We saw fake break). if price can break(Trusty, we saw a fake break yesterday) Support trusty (31620$ until 30960$ (Support + Cluster of Fibs)== Heavy Support), I can say that The end of microwave 4 of Main wave C was at 41330$, otherwise, probably microwave 4 will be the complex type (WXY_WXYXZ). Microwave 2 rested on Price, and now we can see microwave 4 is resting on Time. Patterns: Bitcoin was able to make Descending Triangle, and still the price is playing inside this pattern. in addition, I found TWO Harmonic Patterns inside our Descending Triangle. First Harmonic Pattern: as I said in this post ''Topic: Bitcoin Analyze (Technical & Fundamental)!!!'': Please read this post 👉 Bullish 🦈Shark🦈 Pattern worked well👍 Second Harmonic Pattern: Bearish 5-0 Pattern, I think that this pattern can be work from now until 35000$ (probably it will work at the upper line of Descending Triangle). as well as, we had a Bullish flag on the timeframe 15min.👉https://www.tradingview.com/x/zLDXrccT/ Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I LOVE THIS POST😀)👉 I tried to show you our Resistance Zones & Suppor Zones that we have in front of Bitcoin. Resistance zones & Suppor Zones on Bitcoin's way (Respectively): Resistance zone: 35288$ until 34820$ (Support + Cluster of Fibs) == Medium Resistance Resistance zone: 37596$ until 37267$ (Yearly Support 1+ Cluster of Fibs) == Medium Resistance Resistance zone: 39450$ until 39506$ (Resistance + Cluster of Fibs)/== Light Resistance Resistance zone: 41340$ until 40800$ (Resistance + Cluster of Fibs) == Medium Resistance Resistance zone: 42250$ until 4225$ (Monthly Pivot Point + Cluster of Fibs)/ I don't think that Price can break this zone just with one test.== Heavy Resistance Resistance zone: 44280$ until 44071$ (Resistance + Cluster of Fibs ) == Medium Resistance Resistance zone: 46186$ until 45320$ (Resistance + Cluster of Fibs + Yearly Resistance 2) == Medium Resistance Support zone: 31620$ until 30960$ (Support + Cluster of Fibs+ the lower line of Descending Triangle) == Heavy & important Support My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. At least you can wait for breaking our Descending Triangle (to UP). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
by pejman_zwin
24
USD/ CHF Bullish Shark Pattern. Earlier this this month i drew this Pattern and have been waiting on the completion of it. The pattern is complete and the blue line represents the make or break point of the pattern. if a candle closes below the blue line the pattern is invalidated. i put a note stating I'm waiting on a complicated structure to form to justify the entry. we are now forming that structure. we want to wait for the a candle to close above the Mid-point before entry. Be wary of the 50% retracement of this pattern as this is the deciding point for the shark to turn into a bearish 5-0 pattern.
Long
by ARegularGuy