W9.1-18 AUDUSD BULLISH IDEA (DOUBLE BOTTOM)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern)
SL & TP Levels are defined.
Chartpatterntrading
SINGER | Wave Projection | Major 4-Wave Triangle - MACD GoldenXThe price is currently trading just below 200SMMA as the key resistance under the assumption that its major 4-wave triangle breakout could be possible with double bottom pattern and MACD golden cross.
This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.
W9.1-13 GOLD BULLISH IDEA (HARMONICS PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9.1-12 USDJPY BEARISH IDEA (DOUBLE TOP)Potential Bearish Entry
Dow Theory In Place - Lower High and Lower Low Expected in Place
Formation of DOUBLE Top coupled with bearish divergence (Bearish reversal pattern)
SL & TP Levels are defined.
W9.1-11 PALLADIUM BULLISH IDEA (BULLISH FLAG)POTENTIAL BULLISH ENTRY
Dow Theory In Place - higher highs and higher lows Expected in Place (Trend continues)
Formation of bullish flag coupled (continuation pattern)
SL & TP Levels are defined.
W9.1-8 CAKE BULLISH IDEA (HARMONICS PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9.1-6 APE BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9.1-5 ROSE BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
#Gold-digger testing pattern and fib retracement on bitcoin, 1 min TF, tried to capture maximum gain as per fib retracement. Also working on percentages, will test the results soon...
W9.1 ETHERUM BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
Bearish Flag on USD/CAD @ D1A bearish flag pattern has formed on the daily USD/CAD chart following a peak and reversal in its previous uptrend. The pole and the flag borders are shown with the yellow lines. The stop-loss level (the red line at 1.35296) is set to the highest point of the flag area. The take-profit level (the green line at 1.31309) is set to the pole's length subtracted from the stop-loss level. I will open this short position only if the currency pair closes significantly below the flag's lower border.
NVDA: A Dangerous Pattern Appears.• NVDA is doing a pullback to its 21 ema, which is a normal movement. The problem is that this correction is occurring after it found a strong resistance at 280;
• This could be the beginning of a Double Top chart pattern. In order to trigger this pattern, NVDA would have to lose the 263 support line, which is the previous bottom area;
• In this scenario, NVDA would seek the 244, the next support line;
• In order to avoid this bearish thesis, it is important to see NVDA doing a bullish reaction, preferably above the 21 ema, and breaking the 280 as soon as possible;
• So far, it seems NDA is just doing some range trading between its two key support/resistance lines.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
TSLA: Trading at a Critical Support Line.• TSLA crashed after earnings, but it seems it wants to stabilize around the 163 support line;
• So far, TSLA has been moving with technical precision, as we already discussed this bearish scenario in our previous analysis (link below this post, as usual);
• Now, in the daily chart, TSLA just hit its technical support at 163. So far, there’s no bullish reaction indicating that it is doing a bottom sign – but this could change very soon;
• If TSLA loses the 163, then it’ll probably try to fill the gap at 146 in sequence.
• In the weekly chart, the situation is critical, as TSLA is on the verge of triggering a Descending Triangle chart pattern downwards;
• What’s more, the last two candlesticks hit the 21 ema as a resistance as well. This reinforces our idea that it could hit 146;
• In order to avoid this bearish scenario, TSLA would need to react as soon as possible, and trigger an extremely powerful bullish reversal pattern – so far, there’s no such sign;
• I’ll keep you guys updated on this, as usual.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
pattern tradebearish reversal if double top formation completes, trading on nifty 50, with pattern and candles. 20-30 pts. target in every trades. scalping with small points
W9-33 SAND BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9-32 FIL BULLISH IDEA(HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9-31 OP BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9-30 AVAX BULLISH IDEA(HARMONIC BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9-29 FTM BULLISH IDEA(HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9-27 MATIC BULLISH IDEA(HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9-26 SOLANA BULLISH IDEAPotential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of ASCENDING TRIANGLE coupled with bullish divergence.
Entry, SL & TP Levels are defined.
W9-24 CADCHF BEARISH IDEA (BEARISH FLAG)Potential Bearish Entry
Dow Theory In Place - Lower lows and lowers lows Expected in Place (Trend continues)
Formation of bearish flag coupled with bearish divergence (continuation pattern)
SL & TP Levels are defined.
QQQ: A Dangerous Chart Pattern Appears.• QQQ is trading inside a range, between the resistance at 321, and the dual-support area made by the 21 ema + 313;
• Only a breakout would bring something new. If QQQ triggers an upwards breakout, it’ll just resume the bullish bias, and seek the next resistance at 334;
• On the other hand, if QQQ loses the dual-support level, it would trigger a Double Top chart pattern, and in this scenario, it could easily correct all the way down to the304 again;;
• So far, there’s no breakout yet, but QQQ is approaching its dual-support area. It all depends on how it’ll react around here.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
