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BTCUSD H&S fakeout, drop back to neckline support before targetIt's looking more and more like we'll drop back down to retest the neckline of the H&S and we have seen happen a few times before with well know patterns, we will see a 'fakeout' first and then drop back before reaching the targeted measured move.
SHCOMP Returns to trendline by the start of 2023. Everything is explained in font on the graph. Lol. If I'm making an obvious mistake, call it out. Thanks.
AUD/USD Head and Shoulders****ITALIAN VERSION****
Dopo il Testa e Spalle invalidato sul giornaliero, il trend inizia a perdere forza regalandoci un "probabile" Testa e spalle sul Timeframe 30 minuti/1 ora..
L'analisi previsionale è ancora da confermare, in quanto determinata dalla creazione della spalla dx; se dovesse crearsi, abbiamo un'ottima occasione di entrare short a breakout per raggiungere il target minimo posto a 0.77068 per raggiungere la confluenza.
Staremo a vedere
****ENGLISH VERSION****
After the Head and Shoulders invalidated on the daily, the trend begins to lose strength giving us a "probable" Head and Shoulders on the Timeframe 30 minutes / 1 hour ..
The forecast analysis is still to be confirmed, as it is determined by the creation of the right shoulder; should it arise, we have an excellent opportunity to enter short at the breakout to reach the minimum target set at 0.77068 to reach the confluence.
we'll see
Ethereum BuyLooking for a break and retest trade on ETH. Watching for RSI divergence and waiting for a possible fib test and with on recent level of resistance.
Inverse head and shoulders pattern is still in playFantom/USDT is currently forming an inverse head and shoulders pattern with 0.382 fib line as neckline.
Wait for a confirmation before buying! Target 0.618 fib line.
Good luck!
GBPUSD, good time for buyGBPUSD, created invert head and shoulder pattern. now you can place a buy order.
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Johnson & Johnson should stick to baby wipes.....Vaccine Recall!With the news that the CDC is pausing J&J vaccine distribution due to blood clot issues.
I'm assuming we should see it tank at the open? You're guess is as good as mine.
In my opinion if we see price drop it should be a good time to buy, because everyone else is selling.
The level I'm interested in is $147-$150.
It is an untested point of control where institutions may have some buy orders sitting.
Watch for an ABCD on the line chart (close to close) for entry.
We may not break the 2021 high, but if the March equal highs remain untouched, I would look to enter because there is still possibly liquidity there.
$150 should give a nice reaction if we hit it while those highs are untouched.
Let's Elevate,
Gio
FILUSDT-1HHi guys ;
ON this pair, we are waiting for breaking down.If the price breaks down the retrace channel, we can expect the price will rise for another descending impulse.
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XAUUSD TO 1777 CONFLUENCE COUNT
1. THREE WEEKLY CANDLE REJECTION AT PREVIOUS MONTHLY SUPPORT @1686
2. MARCH 15 WEEKLY CANDLE CLOSE ABOVE PREVIOUS MONTHLY RES @1733
3. MARCH 22 WEEKLY CANDLE FINDS NEW SUPPORT AT PREVIOUS MONTHLY RES OF @1733 NOW TURNED SUPPORT.
4. MARCH 29 CANDLE RETEST PREVIOUS MONTHLY SUPPORT OF @1686 ( MAJOR REJECTION )
5. APRIL 5 CANDLE OPENS BULLISH LOOKING FOR CONTINUATION AND FURTHER BREAKING PREVIOUS RES OF @1733
ALSO BULLISH PENANT FORMATION ON 1H TIMEFRAME
6. POTENTIAL RETEST OF MONTHLY RES @1777 WHICH IS ALSO A 50% FIB RETRACE ON OUR MONTHLY TIMEFRAME
7. BUY ENTRY POSITION @1733 .
TAKEPROFIT @1777
8. STOP LOSS SET @1725 DEPENDING ON RISK MANAGEMENT.
bullish is approachingLina try above decreasing trend line around 0,12. When lina was reached resistance line he was down support line we will wait when lina above resistance it is not invesment advice
BTS/BTC - Cup & Handle - 1D A cup & handle formed on the daily as I predicted yesterday. We can set the target at ~195 sats using Fibonacci retracement. This is slightly below the Fibonacci level.
It might be smart to sell here, wait for a sell off and buy it back a tad cheaper.
Cup and handle is a bullish pattern that indicates an upward movement after completion. In the current situation, this would indicate that we will see upward movement the coming week.
Bitshares is also going to make an announcement today regarding staking & NFTs, which could give us more upward momentum.
The MACD has bounced, giving us room for bullish continuation. The StochRSI is also low and pointing upwards, which could indicate bullish continuation aswell. We have hit the 150 sats zone a lot recently, we have to break through these levels. If this happens, I believe we can easily approach 200 sats in a short period of time.
I think BTS is looking good, both on short and long term. The coin is heavily undervalued and I believe it will most certainly reach its 1$ ATH again.
For the short term, you can use Fibonacci retracement tool to find major sell off points. On the medium term, I think 0,095$, 0,11$ and 0,20$ are good targets.
And for the long term, I think this coin can become worth anywhere between 1 and 15$.
AAVE short shortPotential short term short opportunity.
Might offer a long opportunity also. If it rebounds back above the neckline and invalidates the H&S, it would likely be a good long, as bulls would be back in control.
Right Shoulder on Dow/GOLD?I had drawn up this chart not long ago, with 17.7 as a significant level of resistance where god might begin to outperform and allow it to catch up on the otherwise stellar performance of the DOW in comparison.. No way of knowing but with time!
we can see that the it seems over-extended, and that the stoch is turning down. It also might require a re-test of it's channel breakout.. a failed re-test is where I would get excited, but I'm not holding my breath!
Unilever, Long at these pricesUnilever currently down due to widermarket conditions, investors have been putting money into growth, tech and recovery stocks, now its being dragged down due to wider downtrends. when people look for a safe place to park up, theyll come back to unilever and P&G. Unilever are currently restructuring they're portfolio with they're tea businesses and other areas. with more potenital growrth on the table for investors in the years to come, unilever is looking like nice buy around these levels. doubt itll go lower than £35
A retail shakeout would be quite the rodeo wouldn't it? (DJI)I am watching for another potential shakeout before our parabolic run and repeat of the roaring 20s
Not personally even trading this move but I am trading cryptocurrency and they both dropped together in the COVID panic of 2020.
what if we see another flash-crash? are you prepared for such an event?
Take it for what it's worth since I'm not trading the DOW personally here but that can also be another reason to consider my less biased view.
Drop or no drop I do expect a lot more upside before another repeat of 1929 BUT it is coming and WILL happen maybe even exactly 100 years from the last one in 2029.
Stay profitable my lovely traders/investors.
- Dalin
EURNZD potencional short break&retestPrice followes the downtrend channel from 14th January 2021 and still continues.
SR level which is important for us is 1.66450 which is going to be our break and retest level. We will wait until graph test it again and goes short.
USDCHF potencional shortPrice followes a trend for a long time. We can see on 30min TF that there is a SR on 0.89562 which is going to be our setup for break&retest.
Im looking forward to next week
EURUSD sell bias for the weekExpecting this pair to create a double top, then give me an entry Reason to sell. (Engulfing candle, indecision, shooting star, morning star, harami).
This trade is highly probable considering the last low created, and the new high in progress.
