Chart patterns
DJI Biggest Move In History Comming Target 50,000.00On the Timing arrays it is seeming to look that the DJI is about to make one of the biggest move to the upside this year in History. It has been long over due. I believe that the Dow is going to soon rally to 50,000.00. I do believe this target will be met this year. There are many reasons for this to be possible, this estimate is based on human behavior, capital flow and historical events. Of course where we will have to be worried is in early 2022 where we may see a missive crash followed by a real possibility of a two year bear market due to political issues that are currently in the works.
H4 NZDCAD looking to breakout below Head and Shoulders patternAn idea to sell NZDCAD on H4 as price may break the neckline of the head & shoulders (H&S) pattern.
In this case, a sell looks a good prospect of success.
This is how I would go about things, you might want to do things slightly differently.
S.L. = 0.89589
Entry = 0.89324
Take Profit = 0.88400
Reward/Risk is 3.69/1
Good luck!
$WAVESUSD - Breakout confirmedHello everyone!
I know it's a tough market right now, the fear is high but let's follow the technical analysis though be happy with all small profits.
The retest of the dynamic resistance as support is yet to be confirmed, waiting for the closing of this candle over it and another green candle to go long, or long it at 15.50.
Resistances are on the chart.
Good luck with your trades!
Sell SetupPrice is at strong resistance level and showing rejection and a head & shoulders pattern has formed and price is likely to go down to reach targets shown on the chart .
$VISL PT 4-5Vislink Technologies, Inc. engages in designs, develops, and delivers wireless communications solutions in North and South America, Europe, Asia, and internationally. It offers live production products and solutions, such as high-definition communication links that reliably capture, transmit, and manage live event footage; a range of high-margin wireless camera transmitter and receiver products; HCAM, a 4K Ultra HD-capable on-camera wireless system; MicroLite 3, a compact wireless HD transmitter; IMTDragonFly, an ultra-compact HD solution; Quantum, an ultra-low latency and waveform agnostic central receiver; and ultra-compact onboard solutions. The company also offers miniature transmitters and handheld receivers, such as HHT3 and Mobile Commander for tactical surveillance; airborne video downlink system, a comprehensive aerial-based video transmission solution that delivers real-time surveillance to enhance law enforcement, emergency, and critical infrastructure operations; and MSAT, a portable tri-band satellite antenna system, as well as DVE5100 encoder and IRD6200 decoder electronics units. It serves live production, military and government, and satellite communications sectors. The company was formerly known as xG Technology, Inc. and changed its name to Vislink Technologies, Inc. in February 2019. Vislink Technologies, Inc. was incorporated in 2002 and is headquartered in Hackettstown, New Jersey.
GBPUSD Halo Guys, Now Technicalyst Will publish Again Our Sight About GBPUSD, Anyway Last Trade On XAUUSD run hit profit nicely you guys can go check it out on my idea, now about gbpusd its just broke bearish trendline and can make potentialy huge upside to be bullish, but its to early to entry you guys can wait for retrace and entry on reject in moving average 21 and 34 im 100% sure that this still gonna be upside beacause im riding the trande
$VETUSD - Triangle continuationHello everyone!
Yet another VET analysis.
This will be my rebuy of VET here as I still hold a bag full of VeChain.
The best strategy here is to wait for a breakout and go long.
$ETHUSD - Testing previous ATH as support 🚀Hi guys! 👋🏻
🔔 Ethereum is testing the previous ATH as support, bullish sign.
🔔 The scarcity of Ethereum taking into account the fact that the DeFi demand of ETH is high will push Ethereum higher. Breakout from this triangle is a good signal of that next Ethereum bullish run.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
EURNZD - ShortPossible short on EURNZD.
The bearish continuation pattern has broken and the 4H moving average has acted as nice resistance.
Price broke below support of the pattern, hoping for tome continued bearish momentum over the coming days.
ECB announcements et to be bearish for the EUR, along with Europe's slow covid recovery and vaccinations while New Zealand is currently booming and covid free - great for the economy.
BTC DOESNT LOOK SO GOOD!Btcusd doesnt look so good but like i said before we had a huge parabolic run and we need a retrace in price action.
This kind of price action can not go on. One think it can when one is in the middle of a parabolic run and winning huge amounts of money but it is a delusion.
We had a ascending triangle which price break downward with volume decreasing which means bearish price action can occur.
I expect btc price have a huge downward momentum if price brokeout below the 54500 area with huge volume.
Price can go as low as 45k area. Price can linger around 50k area but after 54500 area breaks i expect around 45000 for price to settle.
This is not a bad thing! Price should retrace and consolidate before going higher. As long as government doesnt ban BTC we are good to go.
Right now i dont expect a long-term bearish market for altcoins but i do think it is still to early too talk. We need at least couple more candlesticks on daily chart if not on weekly!
$GBPUSD - Inverted head and shoulders and Double bottomHi guys! 👋🏻
🔔 Inverted head and shoulders spotted on GBP/USD. The first resistance would be a neckline at $1.38600.
🔔 The second resistance is based on the confirmation of the Double bottom at $1.39880, and the final is the target of the double bottom pattern and February 25th high at $1.41740
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Copper with the Master Chef. All about the angles.If you are sitting in front of your computer screen, looking at charts, and asking yourself enough times... "how can I make money out of this?" ... this is what you're eventually going to be doing.
Make these drawings enough times and you should not only expect to make money, but you should be annoyed if you aren't. Don't let anybody else tell you what's right and what's wrong. Look at the charts, make your own decision, then let the markets tell you if you've cracked the code.
If I was like all the other bloodsuckers, I would charge you thousands for this diagram. I should sell this as an NFT for 15$ million. It's worth far more in the right hands. If I'm a parasite, I'm the most mutually beneficial parasite you've ever been lucky enough to stumble across. Asking nothing, giving everything. I guess that's it.
Two strong support zone fro BTCThis rising wedge breaks down as expected. Now BTC has two strong support zone as indicated:
1- Midline of rising channel which coincide with MA100.
2- Ichimoko's cloud
Wait until next movement.
CAKE / USDTCAKE is off the 21.5 support and moving up.
Forming Cup and Handle on the 4 hr and 1 day charts.
Major resistance would be at 30$ (previous ath, also a psychological level).
Potentially targeting 40$ area.
EG BIASEG has broken through our ascending channel. A good retest at either position can give good confirmation for a sell with first TP at bottom of the channel.
EG BIASLooking to make the most out of EG. I'm hoping for a break upside. Note that Eg is buying from a key zone so I'm looking for buys
EU LONG/SHORTEU presents another opportunity to go long, OR SHORT. Triangle could breakout in either direction, but since i've been scaing in on EU buys for over 2 weeks now, i'll hope the market presents buying opportunities
Gold inverted Head and shoulder...(bullish)Let's buy GOlD to 1753
Before USD new release during london session
Litecoin $LTCUSD Long Term Target PTs 350-600 and higherLTC/USDT
Litecoin (LTC) flipped the breakout level at $246.96 into support on April 11 and 12. This reignited buying from the bulls and the altcoin resumed its uptrend on April 13. The next target objective to watch on the upside is $307.42.
The 20-day EMA ($227) is rising and the RSI is close to the overbought territory, suggesting the bulls are in command.
However, the long-legged Doji candlestick pattern today shows indecision among the bulls and the bears. If the price slips below $255, the LTC/USDT pair could drop to the $239 to $246.96 support zone.
A strong rebound off this zone will suggest the bulls are accumulating on dips while a break below it could drag the price down to the 20-day EMA.
Elliott Wave Analysis by Wave FX: EurUsd Trade AnalysisHi Traders, here is my analysis on EurUsd
My method is based purely on Elliot Wave Principles and Price Action.
I’ve added a Key to help you understand my POV on the current price action.
Confirm Buy: (Once price breaks above, I will be looking for the bulls to control the market.)
Confirm Sell: (Once price breaks below, I will be looking for the bears to control the market.)
INVALIDATION (This means my analysis is incorrect and I need to revisit the drawing board)
Setup Invalid (market still developing or correcting)
12345 ( Elliott 5 wave impulse cycle
ABC (simple market corrections)
WXY (Complex correction, 2 basic correction)
WXYXZ (Complex correction; 2 or more simple or basic correction)
Types of Correctional wave and their internal structure count:
a-b-c
Flat Correction (3-3-5)
Irregular correction (3-3-5)
ZigZag correction (5-3-5)
a-b-c-d-e
Triangles (3-3-3-3-3)
CAD/JPY - Long- Trednline touch
- 78.6% fib level
- uptrend and moving average confluence
- Indiactor confluence
- Pennant formation
