What's going on traders, I hope you've all had an excellent week. I'm bringing you an opportunity to keep on the watch list, today we have NZD/CHF on the 4h chart with a bullish bat pattern. It's a back to back setup as price previously formed a bearish bat pattern which almost hit SL at 1.13 of XA, price reversed and achieved TP 1 and 2. The measurements for a...
What's up everyone, today we have a shorting opportunity on NZD/USD with a bearish bat pattern on the 1h chart. Excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The ratio alignment for this setup is spot on, almost...
What's up traders, today I'm looking at MAID/BTC on the 4h chart with a bullish bat pattern, this pattern completes near the all time low for MaidSafe and it's exactly why it caught my attention. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 Credit to www.tradingview.com for...
Following up from my previous successful bullish gartley for EUR/USD, we've now got another bullish gartley but this time on the 30m chart. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 As you can see the PRZ forms on a critical level of support, this is an ideal area for a...
Traders, I believe you will like the facts put forward in today's analysis. I've previously spoke about the direction of BTC on the 15m, 1h and 4h charts but I feel a reflective post on the weekly chart is well overdue. Since my post on the cyclical measurements of bitcoin in December, price has created a new low at $5,900, it is now time to start analysing the...
Hello traders, here we have GBP/NZD on the 1h chart with a valid bullish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 This is one to watch right now, I thought I'd share this before heading off...
I'd like to present a short post covering Ripple in relation to the market-wide correction. As mentioned in my Bitcoin post the magnitude of the correction for most cryptocurrencies has been amplified as the entire market capitalisation dropped from $830 billion to $310 billion, which is over a 50% decline market-wide. As you can see from April/May 2017, price...
I'm back with another 5-0 pattern but this time on the 4h timeframe with XAU/USD. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Excellent trading opportunity with over 1:3 risk to reward. The D point seems to be a good area of support to go long as shown below. Wait until price reaches $1300 before...
I feel there is a need for another insightful post in regards to BTC/USD, today's analysis is on the 4h timeframe. This is following up from my post 2 months ago where I predicted the next corrective phase to begin at $20,000, from here we experienced a market decline of 50% before price settled. The magnitude of the correction was amplified as the entire...
What's up everyone, I'd like to provide some technical thought amongst all of the madness in the crypto world right now. Bitcoin is currently forming a bullish deep crab pattern on the 1h chart, providing a trading opportunity with a 1:2.5 risk to reward. The measurements for a valid deep crab are detailed below. B: 0.886 C: 0.382 - 0.886 D: 2.24 - 3.618 X...
Welcome back traders, I hope you had a wonderful Christmas and New Year! We're now getting back into the charts it's a brand new year, new opportunities and what a start it has been :) cryptocurrencies are through the roof! Today I'm breaking down two assets which are breaking records and funnily enough one of cryptos most well known rivalries, ripple vs....
Traders, I hope you're all having an excellent weekend. EOS/BTC was requested by one of my followers and I found the price structure extremely interesting, therefore, I'd like to share my thoughts with you all. The chart shown is on the daily timeframe. Considering this asset only has over 5 months worth of price history, it has more to show than the vast...
EUR/USD is now approaching the completion point of a bullish gartley pattern on the 1h chart. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 I'll re-analyse upon completion, this setup provides a 1:2 risk to reward.
What's up traders, today I've got another outlook on cryptocurrencies and my target is IOT/BTC on the 4h chart. Price has formed a valid bullish 5-0 pattern which aligns with the majorities vision for the asset... I believe there is huge upside potential and this trading setup could potentially identify the end of the correction. The measurements for a valid 5-0...
There are some amazing setups forming on the charts, here we have XAG/USD on the 4h chart with a bullish gartley. Price is currently completing the C to D leg, one to watch going into next week. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 Thank you to all supporting my ideas :)
Traders, I advise you to read this entire post to gain a better understanding of what I'm looking at. It's been a while since my last trading position on ETH, back in August price completed a valid bearish bat pattern (shown on the chart) which was followed by a decline of almost 50% in two weeks. Taking the time to reflect on Ethereum's situation from a...
Today we have a potential setup forming for CHF/JPY on the 1h chart with a bearish shark pattern. This is an excellent shorting opportunity with over 1:2 risk to reward. The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 This pattern could potentially turn into a 5-0 in the near future. Feel...
Hello traders, here we have CAD/CHF 0.02% on the 1h chart with a valid bearish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 This is one to watch right now, I thought I'd share this before heading...