Chartpatterntrading
#bitcoin map doesn’t lie #btcstarbrstLooking at this map so far it has not really lied breaking the light blue line will send us into a bull market “probably” rinse and repeat and re-tweet follow along
HBAR as a Good Example of Common Patterns & Measured MovesHBAR presents a good example of how simple market pattern trading using measured moves still work quite well.
As these are moves in crypto, the measured targets exceed recommended lengths for a typical pattern trade, yet still line up quite well in continuing to use the same measurements beyond 1x -> 1.5 or 2x.
First, a parallel channel containing a double-bottom, saw a nearly 4x measured move up on the weekly. Its highest wick, breaking 4x.
Then a rising wedge that could also be called a double-top, worked out for a nearly 2.5x measured move down back into weekly support; stopping inches above the stronger area of support near the bottom.
Also, if you look at HBAR's most recent weekly highs, they stopped right around the 1x measured target of the upward move, and is now pushing on the 1.5x measured target of the downward move.
Both measurements are still providing direction on where price might make pit-stops.
Symmetrical Triangle on XAU/USD @ D1Gold (XAU/USD) is currently consolidating inside a symmetrical triangle pattern on its daily chart. I will try to use it as a trend continuation breakout setup. My potential entry is marked by the cyan line, which is located at 10% of the triangle's base width above the upper border. My take-profit will be at the green line, which is located at 100% of the triangle's base width above the upper border. I will set my stop-loss to the triangle's lower angle (the red line at 1934.12). I will ignore bearish breakouts from this formation.
Never Say Die Stock - "Data Patterns"Data Patterns is a vertically integrated defense and aerospace electronics solutions
provider catering to the indigenously developed defense products industry. The
company has proven in-house design & development capabilities and experience of
more than three decades in the defense and aerospace electronics space. They have clients like ISRO, DRDO & HAL etc. Reserves to Borrowing ratio is also attractive.
Source - Screener.in.
If it crosses 1440 level, it may give us a new high. This is a study purpose chart & NOT a By call or recommendation!
Necklace Pattern Series -"Career Point"This Stock is creating repeated Necklace patterns, i.e. rounded bottom in follow up manner. When such stock tries to reach higher high or tries to defend lower levels repeatedly, it may touch its past glory i.e. its previous Life Time High & explode further.
This chart is for study purpose & not a buy call!
BEM | Leading Diagonal Pattern Projection - Wave B CorrectionA possible ABC correction after finishing mega leading diagonal wave pattern:
Wave B target 0.5 - 0.618 retracement of wave A and EMA 20 week resistance
A possible false breakout EMA200 week
Wave C - Targeting 0.786 fibonanci zone of major Wave 1
Easy-to-Spot Bullish Forex PatternsHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this strategy. Here are my top easy to spot chart patterns, specifically focused on bullish chart patterns today. The green highlight dots are to help identify the margins of the pattern and the purple highlighted dot is where a long entry can be taken.
While you're here 👀 See this related idea on EURUSD from the monthly timeframe:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
EURUSD 2HR CHARTWe have a sell opportunity for the upcoming week we can clearly see that the EURUSD has been on the uptrend for the past weeks making it a good opportunity for the reversal. which we already see it bounced from our key area and resistance at @1.09100 and it also broke the uptrend. we can expect a little pullback to get more orders around the resistance. overall for this following week we can expect a downtrend looking specifically for sell opportunities.
Trade safe everyone and let me know what you guys think about my analysis. Have a excellent week everyone. :)
EURJPY 1HR CHART SIGNALWe have a nice head and shoulders pattern on the 1hr time frame for EURJPY, there is also double confirmation coming from a good rejection from the 4hr resistance @144.486. we also see the breakout of the uptrend we currently had going on for the past week making it even better opportunity for the sell coming up.
A nice point of entry would be around @144.000, putting our SL right above the right shoulder which would be around @145.500 giving us a good space incase we see a small pullback allowing us to stay inside our trade. For our TP I am looking at 1-1 risk/reward so the first TP would be @142.500 and to maximize our profits I would aim for the seconde TP down to the 4hr support which would be around the @140.317.