Bottomreversal
WILL HISTORY REPEAT IN NIFTY???IN GIVEN CHART MARK 21st june 2022 we can see 2 doji and big up move similarly we can see that 2 doji this week 17 march ,so we can expect again big move .
* * ALSO I WANT ADD MORE POINT ON TIME FACTOR SEE 21ST JUNE WHICH IS EQUINOX AND 21 MARCH IS ALSO EQUINOX SO WE CAN MORE PROBABIILTY OF BOTTOMING,HOWEVER WE CAN NEGLECT THE BULLISH VIEW AS LAST WEEK LOW IS BREAK,THEN WE CAN BE BEARISH **
AUD/CAD low of year analysis. Here is another setup I'm paying attention to.I'm paying attention to how the low gets worked down into my levels if at all and if there are any bounce opportunities when it reaches the 1st or 2nd level. Didn't really put as much analysis on this one compared to the other ones. I'm not really noticing anything other than price moving down into my levels. If anything we are in a weekly breakout and I'm expecting price to push back up in the short term.
Possible bottom for NZD/USDThis is a similar setup to GBP/USD. I wouldn't expect a deep dig underneath the buyzone.Maybe accumulation and a stops hit below it before reversing. When I'm calling tops and bottoms, that don't mean that price will trend up or down for eternity from there. These are setups I'm confident with to add size into or have a wider stop. I don't know what the market will do but from backtesting, when these levels are generated, there is usually a reversal that follows.Sometimes it's insntantly, sometimes it's over the course of days.I wouldn't enter trades on them especially the first 1-3 levels.
$GMT - Head & Shoulders + Reversal PlayMetaverse token Green Metaverse $GMT just showed a perfect reversal sign with Head & Shoulder breakout and now is looking for an uptrend after a severe downtrend.
I am going in @0.425 with a TP target of 0.4875 in sight.
For a second TP at around 0.6000 it need some solid pullbacks and retest, if done I'll go again in it.
EURUSD(liquidity proxy)if BO parity, $ falls, gold,equity rallyEURUSD may be used as a liquidity proxy. It has been falling for a long time in a big down channel &
Is now bouncing right at the dotted median line. (4Q is historically bullish going into new year specially on
midterm election years, where markets bottom in late October)
Watch closely if EURUSD will break above parity 1:1 again in a big move. Then most probably that is where
the 4Q rally shall start extending to 1Q2023. I still believe there is still a wave 5 down for the C wave of the big ABC correction from ATH. In 2Q2023, ABC may end in a double bottom near the dotted median or even much lower to the lower channel in case of a recession, which is more probable in Europe than in the US.
After ABC completes sometime before end of recession. Equities will rally to the start of a new EW cycle.
Not trading advice
Dow emini stops@20% bear mkt with mma50 & GANN line supportDow e-mini officially entered bear market territory breaking below 20% decline limit & the weekly wma200 line. It is the only major index that made a lower low & confirmed by the transports DJT. Dow, with a lot of defensive stocks, has been holding the strongest all this time & I think it will be the last to capitulate before the market bottoms. (After market takes out the weak hands & stop losses)
However, it is still uptrend in the monthly chart with mma50 & my GANN line as support. It took only 7 weeks for it to drop 14% from the August top…exactly from 1 GANN line to the next one below. (Looks like a capitulation)
The moves this week will determine if current support will hold as Dow consolidates before the 4Q2022 rally up to December. (This may technically still be a double bottom…only a little below the 0.386 Fib retracement zone from pandemic low to ATH)
The monthly mma50 must hold to be bullish. Otherwise the next support will be the next GANN line below around the 27k to 28k zone…near the 0.50 Fib retracement zone.
Not trading advice
Twitter: Deal is still on, says Musk!!Twitter
Short Term - We look to Buy at 39.16 (stop at 37.32)
They recently gave Elon Musk more information as he requested and deal seems to be still forging ahead. The sequence for trading is higher highs and lows. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Dip buying offers good risk/reward.
Our profit targets will be 43.86 and 46.00
Resistance: 44.00 / 46.00 / 52.00
Support: 39.00 / 34.00 / 28.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoin Fractal & Bottom Reversal Pattern : Update IdeaHere is an update idea about Bitcoin Fractal and Bottom Reversal Pattern. I also utilise OBV oscillator and RSI with bollinger band to get a better picture about BTC bearish divergence.
As bitcoin fractals since July'21 are showing hints that bottom reversal pattern could play out and might push BTC up to $60K-ish berfore a long term bull run.
KMD Potential 73x vs BTC -- Komodo Bitcoin - Alt GemKomodo is a real Gem on the market right now, one of the very best buys there is I figure.
The project is still active, developing, and on many top exchanges.
Komodo has hit a bit Double Bottom on the 3 day chart
There is a bullish divergence in the RSI
MacD has stabilized around mid
Buy Komodo ASAP
1st Target 3000
2nd Target 8000
3rd Target 34000
4th Target 100000
Enjoy the profit -- get a Lambo
Thank me later.
EWINT (BURSA WK42 2021)
Price is slightly boost up from a bearish trend since June 2021.
A potential uptrend forming, it can be having two possibility entry points for us:
1. Breakout the recent higher level @0.52 and price will keep up.
2. A retrace after breakout or pressed by 0.52 resistance level, entry trade when rebound.
==================================================================================================
I am a profitable trader, here is the watchlist for BursaMalaysia Market.
-TGL Engineered Excellence-
DOGE- Bullish reversal or Bearish continuation?This swing setup might be overly conservative, but given the uncertainty of BTC price and the complete lack of fundamental of DOGE. I tend to be extra careful when my swing trade has no chance of turning into the long-term holding.
Just my two cents. Not the trade advice.
YFI- Poised for another unYFI is highly volatile and can go anywhere, but the recent deep pullback tells me that the selling pressure is waning.
The remaining selling pressure is being absorbed by massive buy walls spotted on Binance early this week, indicating the potential whale accumulation.
The risk to reward ratio is too good to pass up on considering the fact that the price lvl is sitting on pretty strong support.
Allocate the small % of your capital, set the stop loss and proceed with the caution.
Just my opinion, not the investment advice
ViaCoin Inverse Head and Shoulders or double Bottom, either way it looks like a reversal has started