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Harmonicpattren

Bitcoin where is bottom? - Levels to watch for BTCTook while to publish new idea because of some private stuff and very busy with with making better improvement with @HeWhoMustNotBeNamed on our scripts for Harmonic patterns. Couple is reason why I post here and now is just to publish again on TV some public TA. Maybe I'm wrong this time, maybe bottom is far away or BTC already make bottom (it's in zone what I publish and talked with some of my friends year ago). But this is some levels and possible EW what I looking atm. Back in January 2022 when most "influencers" post moon charts here and on social media I replay to some of tweets that I not agree with new ATH before we see good correction. On screenshoot above that is tweet when I tweeted with some friends. First I want to share here monthly chart and level what is interesting to me. That is 13880 (on Bitstamp exchange). Back in December 2017 that is level where candle close (January 2018 open or yearly open). We can see after 547 days or 17 months or almost year and half, we tested that level to tick and get hard rejected (almost tested last low (drop to 3850 and most mention bottom was 3122.28). Later Oct' - Nov' 2020 when finally Bitcoin reached again that level and broke BULL run started. Like I mention on Tweeter (like you see on first screenshoot) I was wondering what can be Elliott Wave for this scenario if we get there and broke under last bull run (19666 back in 17 September 2017). This is what I guess atm is possible EW count. I have two possible scenario for diagonal ending (because of some important levels (little bit more zoom on last part of diagonal ending and levels to watch). One very important thing is what I'm not very positive for this TA is rest of market (looks to me still alts need to go more down, BTC dominance is low, need to go more high) but maybe for sake of bulls I'm right and soon we'll see some push up. Be careful. REMEMBER ▶ You don't need to catch bottom, you can always wait for confirmation (if this is bottom will be nice bull run and you can buy on pull back) ▶If you are holder (not trader) always is good idea to add in your portfolio on some specific levels instead to buy all in just one level (keep in mind to have Stop where is your idea invalid or you can be bag holder, what I tweets a lots of time on top for ALTS, they are now 70 -95% drop). Stay safe and good hunting
BITSTAMP:BTCUSDLong
by CryptoArch_
1
GBPJPY > Simple RSI Entry at Previous Lower High!!Analysis of #GBPJPY Hi traders, today we will have a look at #GBPJPY you have another simple training Idea as you can see we have the market keep going up with the RSI keep going down so what I'm looking for is the market to keep pushing up to reach 162.00 which is also the previous lower highest where will be looking to sell the market if it a valid reason to get one with a good reward risk ratio I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
27
EURUSD > Possible Flag, for A Trend Continuation Buy Entry!Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD this is a sample follow-up on my previous EURUSD Idea as you can see I am expecting the market to test the previous structure resistance which now turned to support level if the market will make a test to this area it will form a trend continuation patterns which, a flag pattern, will be completed near the key market level at 1.0700 I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
17
GBPAUD > A Beautiful Cypher Pattern!Analysis of #GBPAUD Hi traders, today we will have a look at #GBPAUD here we have another bullish harmonic Cypher pattern, right now the market is at an excellent level to get in, we are already forming A double bottom at key market level 1.75 it is a simple pattern we're just waiting for confirmation to get in, personally, I might not get in this trade because I am in 2 other different trades but we'll see how the day goes I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
20
GBPUSD > The Best Level to Look for A Sell..Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD looking at the chart, you can see the market has violated the uptrend as highlighted by the circles looking left. I still expect the market to keep moving up but as you can see we have multiple tiers of resistance and I don't want to be involved in any buy trade right here right now what I like to see is, the market to keep pushing up to 1.2200 which is also a Fibonacci 0.618 retracement, and where the market failed to break to the upside instead started drifting to the downside so if the market pushes up to the 1.22 level I will look for a sell I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
15
XAUSUD > In-Depth Analysis Key Levels for A Buy Entry!!Analysis of #GOLD Hi traders, today we will have a look at #XAUSUD The gold market has been recently going up and I have received several messages from my followers regarding the analysis of a gold The market as far as I can tell and only pure technical analysis, the market is trending up and if we want to look for a buy as you can see from my chart I highlighted where are the best levels for a buy. The first place I will look to buy is the previous structure support level we can wait for confirmation at the structural support level which might be a reversal pattern, bearish candle formation, or harmonic pattern, If the first trade doesn't trigger in, may be triggered but hit SL we can wait for another entry at the trend line support near key support level 1800 I hope you found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
OANDA:XAUUSDLong
by TheTradersAvenue
29
USDCHF >Bullish Harmonic Bat Pattern!!Analysis of #USDCHF Hi traders, today we will have a look at #USDCHF as can see we have a beautiful bullish harmonic bat pattern which may or may not complete at a very interesting level just near 0.9200, which is also a key market and very strong support level if the market actually goes to this level it will be a very good opportunity to look for a buy, so if the market actually goes and completes the D leg I will think of entering the market depending on how the market will go there if the market drop from here with strong momentum, I will wait for confirmation and a bullish reversal pattern if the market goes slowly and complete the D leg I will set a limit order I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
22
USDJPY > Detailed Analysis and Markup, Where to Sell, and How?Analysis of #USDJPY Hi traders, today we will have a look at #USDJPY another interesting Idea looking at that chart you can see we have a clear short-term downtrend for the Japanese USDJPY, as you can see we have a clearly defined downtrend the market now moving inside of this downward channel, right now I am looking or expecting the market to push further higher to test my structure resistance level would also coincide with a key market level near 134 which is of which is also at the trendline resistance level. right now if the market goes to 134 we will have a 1-structure resistance level we will have 2-trendline resistance level 3-Key market resistance level 134 which altogether will be a good level to start looking for sell opportunities if the market provides a reason to do so like a reversal pattern, double top, head, and shoulders, or maybe a bearish harmonic pattern I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
10
EURAUD > The Best Place for A Buy You Do Not Want to Miss.Analysis of #EURAUD Hi traders, today we will have a look at #EURAUD as you can see on my chat we now have an invalid bat or Gartley pattern, doesn't matter what we call it now it is not valid now because the market has broken its support level, right now I am anticipating the market keep pushing down to test the next level of support near 1.5300. you see you know why I always wait for confirmation on harmonic patterns before I get in the trade unless it is at a really very strong resistance or support level that has been tested before for that I might set a limit order to get in if the market keeps pushing down to test the next level of support I will be looking to buy the market and what I will be doing is drop on the lower time frame and look for a reversal pattern and confirmation before getting in a trade I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
31
USDCAD > Bearish Gartley, Two Ways to Trade It!!Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD as you can see on my chart we have a beautiful beautiful bearish harmonic Gartly pattern which may or may not complete near a very good structure resistance level. There are two ways to enter this pattern as you know you can set a limit order at the D leg completion which will be near 1.3650, this way you will have a negative risk to reward. the other way is to wait for the market to reach the optimum level near the structure resistance level of approximately 1.3675 which will give you the optimum risk to reward as you can see, which is how I like to trade I rather wait and see the market pushing and testing the structure resistance level and after that, if I see a reversal pattern like double top or head and shoulders or any bearish candle formation I will take that as a signal to get in the pattern and short the market I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
20