Expanding Megaphone to break UpChart says all. Bear Trap forming, don't get caught!
Indicators are rising, probably got a retest dip to the TL and then bounce like mad. Be ready!
Trade at ur own risk, not advice; GLTA!
Beartrap
Bear trap?! Can it bounce here?! Stay Tuned!!Chart says all. IF price follows Jan pullback form, we gonna get a strong bounce to new ATH from here. Else; The End...
NB: An EW impulsive wave completed in MFI outflow on 2/25; RSI could bounce from its TL here, might be a Bear Trap.
IF price is in Bear Impulsive Trend, ship is goin down bowfirst. We had both Bear and Bull traps twice this week already!
Trade with care! Do not leave positions unattended!!
NOT advice, trade at ur own risk, GLTA!!!
USCAD on a false breakout 🦐USDCAD after the false breakout below the weekly support moved back above and close the weekly candle with a double bottom higher close candle formation.
The market is moving inside a minor descending channel and now is testing the upper trendline.
According to Plancton's strategy, if the price will break above during next week, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NOIA/BTC - Buy ItThis is a bear trap. The price is going to blow up when purple resistance is broken.
Don't miss out
Thanks
Bitcoin in 2021Here I take two previous, patterned moves from 2017 and fit to current structure (fractal around June 2017). This gives me the ability to approximate its growth or decline over the next year. I then use these two situations to plot a general trajectory (dotted line). Finally, I estimate the curve for the 21 week moving average.
I foresee the possibility of a drop down between the 50 day and 100 day moving average on the daily time chart. My target buy region is between $30K and $26K.
Syntropy - UpdateI've already made a few posts on NOIA. If you haven't seen them, go check them out
NOIA has formed a big head and shoulders top. Its a bearish pattern, However, I am still going to add to my long position.
I think this pattern is going to fail and result in a bear trap that will launch the price much higher. The last rally came after a bear trap and I think its going to happen again.
Thanks
ETH/BTC - Bear Trap??Im really torn here. I have re-entered a small long position that I plan on holding onto for the remainder of this run. ETH is one of the few alts that I own right now. I've sold most them for BTC.
With that being said, I am still leaning bullish. We will see.
Thanks
BTC/USD - Bear TrapBitcoin looks very over extended right now. I think it still has room to run, but I am not adding up here. I think its going to retest 20K at some point. Altcoins are a better bet right now. Especially ETH.
Price Target - $25,400
XAUUSD Roadmap II
Update to the original post.
Price pushed up more impulsively for the first wave than originally expected, so the pullback down to 1817 should be sufficient to generate fuel for the next push up.
Today's intraday fed-induced short-covering seems like a spark for another push.
GDX - Bear TrapIt looks like the correction in gold/gold miners is over and GDX is ready to move higher. On 12/1, GDX broke back above resistance. Bear traps typically result in a big rally as the shorts get squeezed out.
Suncor - A Tale of Two TrapsFor 20 years, the market has never had anything but dips to buy. Even the 2008 "Financial Crisis" was just a dip to buy. Even the March illusion of a pandemic was just a dip to buy. However, a pendulum always swings from one side to another. What throws people off and makes trading so difficult is that you can know:
Where the market is going
What direction the market is going
But what you don't know is when the market is going to do it. Only the makers know that, and that's why they're rich and retail is not.
But, one thing you should be clear on is that this is the end of the line and the party is over. The world is not in good shape. Trouble is only just beginning, and it won't be a brief flash in the pan this time.
The presence of a huge number of people practicing socialism (Communism) all over North America, and the world, has already shown itself to be a huge problem to the future of this world, and is about to show its economic consequences. After all, the biggest players can trade short and make even more money than they do during bull runs, while everyone's portfolio, 401K, and life savings gets wiped out.
The ultimate purpose is to cause people to capitulate their holdings at the bottom, actualizing huge losses that cannot be regained.
Once you're poor, you're easy to buy off. Once you're poor, people will do anything, including betray their friends, family, and country. In all the other areas of the world where poverty is common, prostitution, arms, and drugs all become booming industries. What else are people going to do when they need to eat?
That is, unfortunately, the endgame for the human race.
But before all good guillotines drop, you must raise the blade high into the air so it can fall in dramatic fashion. That is what our good friend Suncor is about to do, and likely WTI Crude Oil along the way.
So, this is a long trade, but it is a scalp. This isn't for you to pack a bag for your portfolio thinking that you're going to see a new all time high in 12 or 24 months. People are no longer allowed to live like human beings, which means travel has been destroyed, which means the energy industry is in big trouble.
After it is complete, take your profit and stay cash heavy. Consider getting out of the market and buy yourself something nice. Spend some time with your family. Maybe take up meditation or spiritual practice.
When the rivers of blood begin to show themselves in the streets, wait a few months before you start buying.
Every rally will be for suckers and the pullback will be in the 80% range on all asset classes. Perhaps gold and silver will be the only exceptions, in the end.
ETH 4H Chart Bear trap
Me Personally i see a slight amount of room for us to go up still however come tomorrow 9/11 im seeing major resistance for not only ETH but also BTC the Dow jones and also s&P 500 Traders beware!!! i feel its a trap for a major drop potentially the prices are pumping right now because to many shorts right now in the market when everyone longs we will probably drop
Take time to do your own studying Please be aware of how much you can lose right now in the market
Not Financial Advise Please consult with your financial advisor for your own finances this is just a idea of mine.
Bitcoin - Double Bottom with Bear Trap.Someone I follow on Youtube would call a pattern like this baby blue line a "double bottom with bear trap" Basically it is a W formation or double bottom in the chart price and just about the time everybody thinks we are breaking North the price plummets South thereby confirming the bearish bias. In reality though it is just a "bear trap" catching those that short it off guard and liquidating them when the price reverses again and goes North. Will this pattern happen from here? I don't know, but I sure would be impressed if it did. I'm still long from way back so it doesn't matter to me if we moon right now or have one more spike low. Either I'll ride the ship or buy the dip. Either way I'll be happy :0)
Good luck in however you play the next move.
BBS out.
Maket Makers Set A Bitcoin Trap?
A sudden 2% pump in price for BTCUSD is exciting... it suggests we may finally see the market start to rise.
However:
On closer inspection we have cause to be cautious...
Until we see a breakout or a swell of momentum and volume on higher time-frames, Team Sparkster is skeptical.
The problem is that Market Makers (whales and institutions) can easily take advantage of the liquidity available above and below resistance levels.
By pumping the price just a little bit during times of relatively low volume and thin order books, a whale can trigger stop losses causing a cascade of orders, even liquidations, allowing the whale to scoop up that liquidity and then sell it back to the market leading to a drop in price.
Notice on the chart circled in green the long wick that extends beyond recent high.
That move almost certainly triggered stop losses for short positions held above $9340.
If the bulls do not quickly follow through with momentum up, then sure enough we could see another decline in price with many traders left in negative positions.
And looking at the current candle we see resistance starting to set in.
This is why lower time-frame trading can be so risky, cause money to be lost, and why Team Sparkster advocates a diligent approach to historical backtesting of particular trading strategies.
Specifically, the 2-week chart for bitcoin shows a lot of pressure to the downside. Sudden 2-hour burst rallies may not be sustained market moves.
Remember, most people eventually lose money attempting to trade on the financial markets. If you really want to play in the major leagues for sustainable profit, you need the tools and techniques to help you do so.
It was all hype. executives allready sold 98M shares.Sell now! Top executives allready sold out. Abandon ship. Sold the knews and the roni vacine hype. Desapointing vaccine test results! Now game over. Skipped the all important animal testing stage and went directly to human testing. No corona virus in vaccine-only mRNA from a sars strand. NIH/MRNA contract for the PATEND of the said vaccine type. Royalties in the hundred of thousands per year to NIH scientists if patend is granted (goverment and your tax dollars to lure in investors to pump the stock up to 600%). This is the next ZYNERBA PHARMACEUTICALS INC. Crash imminent and very soon back to $10 a share.
Watch an important RT utube video (www.youtube.com)!
Sell Sell Sell Sell near the Nasdaq all time highs in 10 years.
BTC1!: CME TD 9 Bear Trap Buy SignalCautious shorting the current 4hr candle on BTCUSD, currently looking at a bear trap on the CME futures chart with a TD buy signal on the 4hr. Bears are also failing to move price strength into oversold conditions, signalling signs of bearish exhaustion, as CMF returns to positive.
S&P is finding support (for now) from the 200 Day MA that could confirm with a candle close by end of day.
Remaining cautious, could turn bullish. Might as well fill the little weekend gap at $9,175 - $9,220 that's closeby before falling lower at least.
Courtesy of Tone Vays TI Indicator: tonevays.com
Inverse Head & Shoulders Fracta - Deadcat to $9.4K?
A few possible scenarios:
BTCUSD: Inverse Head & Shoulders Fracta - Deadcat to $9.4K?Bitcoin is starting to form the previous inverse head & shoulders pattern on a smaller scale, potentially creating the continuation pattern of a bear trap followed by dead cat bounce to $9,400 support turned resistance, before moving back below $9K for lower lows after the monthly (as well as quarterly and bi-annual candle) closes. Based on larger time-frames, $8.8-$8.95K should act as strong volume support.
RSI & CMF are diverging with the similar setup. RSI oversold double bottom currently testing neutral zone within right shoulder, CMF bearish selling pressure divergence from left shoulder to head flips to buying pressure and re-tests the neutral zone in the right shoulder. Below $8,637 (50 Week MA), price could fall fast if bears follow through with sufficient volume.
It's the perfect setup for a bear trap, followed by the obvious bull trap into strong resistance.
Candle closing metrics based on current price:
Monthly gain/loss: -4.28% (bearish)
Quarterly gain/loss: +40.95% (bullish)
Bi-annual gain/loss: +23.23% (bullish)
4hr view continued: A few possible scenarios
Daily view: Hash Ribbons Buy Signals 2016-2020 Extrapolation
Weekly view: Logarithmic Curve & Network Growth : $100K in 2021?
Confirmation in my hand: This is bear trapHello guys, in this technical analysis, there are other opportunity to put in short movement in EUR/GBP, But, don't believe of what is your imagination, because this is a pur bear trap to trap all bullish to put in long, so, there will be I identifiy a possible drop of this price, but a nice opportunity to put in short. Also, lets me see that the price action it's spoke us. Well, I identify a double top and RSI is losses force to continue up, so the % to will going to bullish than bearish is 30% of probability to put in long than 70% of probability to pun in short movements.
So, this is my technical analysis in H4, also, did you remember of the previously hours that I reccomend to closed up your position, well my prediciton it's was ok, but also, we found up a other confirmaiton to respald a bullish or bearish sentiment, because, price action never lying us. So, the sentiment os bullish is false, the bearish scenario as I knowed is here.\
Also, I add my link to related ideas that I respald my analsyis before to make do this analysis. so good luck of your opperation!!!
Don't Get Trapped Muhh Bois We could easily fall out of the channel now, but i suspect we will have one more swing up above 10.5k to trap in longs before heading back to the 6k region.
I plan on re-entering around the mid point of this Gann Fan to ride an oversold bounce, then plan on loading in more in the green zone into the new years 2-5k price range incoming in my opinion.
feel free to post ideas of your own in the comments if you see it differently than myself, i always like seeing differing opinion.
Good luck and safe trading my friends.
