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AB=CD

Bitcoin - All time high this week! (wedge is breaking out)Comment your altcoin, and I will make a technical analysis for you in response to your comment! Bitcoin is breaking out of the rising wedge pattern and will most likely hit a new all-time high until the end of this week or October! We can also see that a major bullish flag on the weekly chart is breaking out as well, so this is considered a double breakout. I have 3 short-term profit targets: 70,079 is the first major swing high of the major bullish flag. 73,777 is the previous all-time high level, and 78,438 is a very significant resistance because it's the 1.618 FIB extension. From the Elliott Wave perspective, this is extremely bullish as well. The combination of waves 1-2-1-2 creates an Elliott Wave bullish nest. That means we are currently in wave 3 of wave 3, and you probably know that wave 3 is usually the strongest of all of them. We can finally expect increased volatility! Write a comment, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
140
XAUUSD 4H Buy LongXAUUSD 4H Buy Long Reason for Going Long :Golden Ratio 0.618+AB=1.414CD+Volume Distribution+FVG=Going Long. The entry level is around $2600 per ounce,and the stop loss level is set at $2591 per ounce. The first target is around $2655 per ounce,halving the position and pushing for protection. The second target level is around $2686 per ounce,then reduce the position by half and push for protection. The third target is around $2750 per ounce,and then reduce the position by half to promote protection. Follow the tail position and reduce the position for protection.
OLong
by Jasmine-Flower
Alikze »» GALA | Wave 3 or C scenario - 8H🔍 Technical analysis: Wave 3 or 3 scenario in the ascending channel - In the 8H frame, it is moving in an ascending channel. - So far, a movement cycle AB=CD within the ascending channel has grown to the size of 0.78 fibo. - After that, it had a corrective cycle up to the green box range, which has met with demand again. - Currently, it is in the middle of the channel, which can continue its growth by breaking it up to the limit of the first supply area (the ceiling of the channel). 💎 After that, if it has a soft and zigzag correction, it can continue its growth with a bullback to the broken structure (minor ceiling) in the ascending channel until the second supply area as wide as the first channel. ⚠️Note: In addition, if the current price enters the corrective phase and touches the Invalidation LVL area, the bullish scenario is invalidated and must be reviewed and updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:GALAUSDT
Long
by alikze
AB=CD Bullish Pattern on OilAfter the price of WTI oil rose to highs of US$78.42 on 8 October and shaped an ‘alternate’ AB=CD bearish formation at US$77.68 (a 1.618% Fibonacci projection ratio that was bolstered by the 200-day simple moving average at US$77.40 and a 61.8% Fibonacci retracement ratio at US$77.21), the subsequent response has established an equal AB=CD bullish formation at US$69.45. This 100% projection ratio shares space with a 61.8% Fibonacci retracement ratio at US$70.26. For that reason, technical buyers could soon step into this market.
TVC:USOILLong
by FPMarkets
GBPJPY bearish for 150 pipsIn a bearish trade setup on GBP/JPY with a 150-pip profit target and a 50-pip stop loss, you’re aiming for a reward-to-risk ratio of 3:1. This means that for every 50 pips you risk, you’re potentially gaining 150 pips, which is a favorable setup. Here’s a detailed breakdown of this trade idea: 1. Setting the Profit Target (150 Pips) A 150-pip profit target is quite common in GBP/JPY due to its volatility. This target should be set near a significant support level or other technical factors such as: A previous major swing low. A Fibonacci extension level (like the 127.2% or 161.8%). A psychological level or round number (e.g., 180.00, 179.50). GBP/JPY often moves in wide ranges, so a 150-pip move in a single trading day or session is realistic, especially if the market is trending strongly. 2. Defining the Stop Loss (50 Pips) A 50-pip stop loss should ideally be placed above a significant resistance level: A recent swing high. Above a key moving average (such as the 50 or 100 MA on the 1H or 4H chart). Above a Fibonacci retracement level (such as the 38.2% or 50% retracement of the latest downtrend). You want to make sure the stop isn’t too tight, giving the trade some room to breathe, but also protecting you in case of a reversal.
Short
by LORDOFTHETRADERS
Bitcoin - 130k by January, then crash to 60k!Comment your altcoin, and I will make a technical analysis for you! Bitcoin is almost ready to start a new and last huge wave to the upside! My target is around 130k for multiple reasons, which I will tell you in this analysis. But what happens after Bitcoin hits 130k? We all know that Bitcoin is extremely volatile, and during its bearish cycles, a 70% - 80% is standard. We can definitely expect a crash from 130k to 60k in the next bearish cycle to retest the current bullish flag (that you can see on the chart). That's why it's very important for you to take profit and potentially enter a long-term short position on futures! Why is 130K important? First we have the 0.618 fibonacci extension measured from wave 1+3 -> wave 4. Also, we have the long-term trendline of this bullish cycle, which is even stronger dynamic resistance level!  From the Elliott Wave perspective, we need to complete this impulse wave and make the last wave 5! This wave 5 already started at 49k in August. On the chart, we can see 2 major consolidation periods marked as wave 2 and wave 4.  The best plan on Bitcoin is to buy it and sell around 130k, then enter a short position on futures to make money in the next bearish cycle. You will also get funding fees for holding your short position! Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
137
EURUSD Analysis==>>AB=CD Pattern!!!==>>Short termEURUSD is moving near the Heavy Resistance zone($1.130-$1.118) and Resistance lines . There is a possibility of Bearish AB=CD Harmonic Pattern formation near Resistance lines and Time Reversal Zone(TRZ) . I expect EURUSD to decline to the Support zone($1.082-$1.066) after breaking the Support line . Note: If EURUSD manages to break the Resistance lines, we can expect EURUSD to attack the Heavy Resistance zone($1.130-$1.118) and increase. Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰. 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 gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
1
XAUUSD: Swing Buy Reversal is Coming! From 2450 to 2560! Dear Traders, WE have an important entry coming up on Gold, possibly the one which will shape the gold market. After creating a record high and touching the 2530 for the first time, price exhausted and started dropping and ranged between the area. However, if we look into it with areas that gold may reverse from, the area that we find attracting is 2440 to 2450 in which we may see a large volume of buy volume kicking in the market. Good luck.
OANDA:XAUUSDLong
by Setupsfx_
17