BTC-USD -Elliott Impulse Wave in action. Up/Downward channelsInterval: 4hrs
Description: BTC Eliot Impulse Wave in action.. Upward appx hit $58400 around Oct 14 16:00 UTC and then downward..
Chart patterns
$USDJPY - Time for correction?Hi guys! 👋🏻
🔔 USDJPY looks extremely bullish, however a retest of 112.1 - 112.3 levels is most likely as the pair hit an important resistance on a 4H and a daily chart.
🔔 MACD and RSI are showing signs of an upcoming correction ahead, which might generate another uptrend potential of the pair. Probably up to 116. See daily and weekly charts below.
🔔 USDJPY daily chart. the important resistance.
🔔 USDJPY weekly chart, possible correction and a jump to 116.
✊🏻 Good luck with your trades! ✊🏻
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$HOTUSD - Inverse head and shouldersHello everyone!
There is a possible inverse head and shoulders on Holochain.
HOTUSD is now testing the previous support as resistance at 0.00955 if breaks above, the coin will test the major resistance zone at 0.0097.
Closing above 0.01 will lead to a jump to 0.012 levels confirming the inverse head and shoulders pattern.
BTC Dominance UpdateApproaching a support. Looking to see if support is violated, (if so) alts will gain some momentum. If there is a bounce here, alts will bleed more as dominance will creep up in the wedge. See group for more information.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Bias: Short.
We hope that the down trend will continue as there is no strong support for bouncing back. The price pattern of moving down forward will prove itself by adjusting the price patterns. as we know history repeats itself.
BTC/USDT Current StatusBitcoin remains in breakout and has strong support above 51,000. Right now we are seeing a slight pull back that will (in hopes) likely bounce from its trending supports and moving averages. Listed are two possible scenarios, a dip in RSI and a bouncing from the up tending support line, or a short period of sideways choppy action bouncing in between the local channel until a breakout. We are anticipating a breakout because of the current market sentiment of BTC. A breakdown would be a violation of the trending support line which could lead to a dump further to the breakout support trend around 50-51k. I will update this chart and many more as more candles are produced. Make sure to give a follow and feedback. Thanks for viewing.
GMDC LongA Very good company with good distribution network also with Strong Technical chart breakout.
If this stock will sustain above 71 level and give breakout above 74 level after 2-3 days Consolidation with good volume we can see massive up moce on this stock so, keep on your eyes on that.
TGT 1 81(15days to 1month)
TGT 2 90(2-3 months)
EURUSD Head and ShoulderOn the 4 hour timeframe, the EURUSD is forming a head and shoulder pattern, meaning that it is indicating a further downward trend sentiment. If that is the case, expect good selling to continue for EURUSD
price action patterns you need to know ( part 2 )hi my friends , i'll share with you some patterns which can help you in trading ( part 2 )
1 - symmetrical triangle appears in both an uptrend and downtrend trend .
How we use it : You can enter after the break either down ( short ) or up ( long ) with good volume candle .
1- head and shoulders happens in an uptrend and is a reversal pattern , you can set your order after the breakout of the neckline with a good volume candle
finally the inverse head and shoulders appear in downtrend ( bullish pattern )
and you can set your order after the breakout of the neckline with a good volume candle .
please support me with like and follow me for more ideas and tell me what do you think about that .
CADJPY > On-Demand, In-Depth Analysis!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #CADJPY
This market was a good sell when it first hit my structure resistance level at 82.24, but as I explained I will not sell now as everyone who wants to sell has sold already and booked some profit or exited at breakeven,
Now what:
either the market breaks to the upside then I will look for trend continuation entry on the lower timeframe to target the next level of resistance.
Or, the market moves down and breaks below 87.20 then I will consider selling targeting 85.800 because then I will have no support in level in my way till 85.800.
Please do not hate for my trading plan and I always thank you so much for the time you spent here.
Check today's analysis below⠀
>>“ luck is when preparation meets opportunity."
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURAUD > A Possible Huge Head and Shoulders Pattern!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #EURAUD
Here I have a possible huge head and shoulders pattern
The Plan:
if the market break and closes below my neckline support I will then drop to the lower time frame looking for sells only if the rules of entry are met to target the next level if support.
Thank you so much for your support.
Check today's analysis below⠀
>>“ luck is when preparation meets opportunity."
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Oil is getting expensive...Just a technical signal:
WTI Crude Oil has resolved the bullish flag pattern and is heading now North (or North-East ;) ). In the mid-and long-term, I've got my doubts that we will reach the ATH in Crude Oil because of the bad fundamentals for oil but until 76.50-77.00 USD there is enough space for now...
GN Uptrend/Buy Idea GBPNZD, according to Marketmilk on Babypips, indicated an uptrend. The bull market, based on the Chain pattern of HL and HH, can be expected to hit two take profit peaks. This is a good swing trade idea, if GN continues sustaining the bull run. If you would like to enter this trade, please use proper risk management.
$ARECAmerican Resources Corporation supplies raw materials for the global infrastructure marketplace. The company offers metallurgical coal and coal used in pulverized coal injection that are essential building blocks in the steel manufacturing process. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. The company was founded in 2006 and is headquartered in Fishers, Indiana.
$TATA Motors --> Buyside Long$TATA motors seems to be retracing back up towards 600INR on the positive buyside, and recently has been picking up some support levels. As always, this is on an opinion based basis and not financial advice. Information provided is "as is".
XAU/USD - LongsLooking for gold longs.
Break of wedge
Pattern inside pattern
Will be watching price action at this structure level.
I will be bullish on gold unless it breaks the 4hr double bottom
USD/JPY - long?Could we see further bullish momentum on USD?
As price has broken out of consolidation (110.80 region) could we see further bullish momentum as price retests this area?
DXY - Down side incomingDXY in this flag pattern
Expecting downside for the us dollar to the bottom trend line of the pattern.
Continuation of dollar weakness after that is something we will have to assess later but for now this is what i am seeing.
Looking for USDXXX short & XXXUSD longs
Short term Long ADABullish indications for short term long positions only taken from channel support to channel resistance = anticipating potential breakdown due to Bitcoins chart (IDEA LINKED BELOW)
$BTCUSD - Falling wedgeHi guys! 👋🏻
🔔 Bitcoin is under pressure and some analysts even predict a heartbreaking decline to $36000 and some to a terrifying $19000.
🔔 It is clear for now that Bitcoin's price will be fully dependable on the global ecnomic data especially the US economy. The reason is not only the migration of mining powers to the US but Bitcoin ETFs and Bitcoin futures which are widely available to large cap investment firms in the US. Hence track the US Dollar index and economic data on your economic calendar when trading Bitcoin and cryptocurrencies. Cryptotrading will no longer be bound to behavioural and sentiment-based investment decisions, but will solely be a fundamental and technical analysis based.
🔔 BTCUSD is currently inside a falling wedge, there should be one more leg down (correction) before Bitcoin can climb higher. Bitcoin is traded within ranges of the support zone, which is now being tested as a resistance. Hence, one more leg down is expected.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
EUR/AUD Signal - EUR Unemployment Rate - 30 Sep 2021EURAUD has formed an inverse head and shoulders on the 1h chart prior to the EUR unemployment rate data, which measures the number of people unable to find employment in the Eurozone. Technically the pair has broken the neckline of an inverse neck and shoulders pattern, and we anticipate continued upside into the 1.6320 level.
DDOG: Probably a 15% up move soonGreat earnings and produced a runaway gap. Then price continue to grind higher throughout the rest of the month.
Likely to see a 15% up move in the next month or so before pulling back.
This stock looks like it has a longer term perspective. If it does pull back to $125 area, then it's probably good to accumulate.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
(Bursa) VIS: Potential 15% profit by next week1. Price broke out of resistance area at beginning of August (blue arrow). Normal to see pullback after that.
2. Nice pennant pattern with doji bottom, which it hit a demand zone based on 1H chart. (Should have entered yesterday but too bad...didn't see this)
3. Forecast about 0.25 move, which happens to meet horizontal + trendline resistance.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
