Get started

Lowerhigh

CAD/JPY: Change of market structureCanadian Dollar/Yen Japanese could to forming a possible bought continuation, so, as we was in short position, we closed up this trade as we fall it. this movement. But in based my perspective, we don't see short for now and long for now. At the moment, the market it's move to the upside, but in case that CAD get strength, we could see a bought in the following zone that I mark $104.70 JPY and $104.40 JPY, what we need to closed up and keep away of this trade, if I know it, I closed up this short when we see this bullish movement, what I will take this analysis to work better and not focus in H4 becuase the armonic pattern what I show you fall this prediciton what I thinking. But now, analyzing the H1, we found out that CAD/JPY forming a change of market structure like ascending channel and lower high in the price, what mean a possible change of trend. I hope that this idea support you, at the moment, we would need to wait a little more, in case to short this trade,we would need to break-out of the EMA 200 and 2nd support zone on $104.35 JPY. I hope that this idea support you!!!
Long
by harisonhbn9718
2
Easy 5:1 ETH Short On the CardsFTX:ETHPERP Trade thoughts: With the aggressive downside move this week, buyers trying to take back control of market, but bears are not finished. I think bear market is upon us as weekly structure has been taken out for BTC, and for ETH its just a matter of time - once we break and close below 1889 on weekly timeframe bear market will be confirmed for me. This is last attempt to push the market back up by Bulls. PA is without question trending down with price below the 4H 50 EMA, and consistent lower lows, lower highs. Good time to sit back and wait for the next short opportunity with PA destined to head back down. Keep stops above structure level and an easy 5:1, and possibly 15:1 once you can safely tighten stops after stop hunt attempts. Keep above 2456 until you can be certain.
FTX:ETHPERPShort
by cryptoject
1
DOT/USD: Trend line lower highPolkadot forming a nice trend line lower high since $16.12 USD in the date of March, 07, 2022 and we see an uptrend. Also, you can to put a buy now and SL to $20.20 USD and target to $26 USD. Also, the target toward $24 USD could be good if in case that DOT doesn't reach the $25 USD or we see any correction toward this trend line. So guys, it's very easy we see that Polkadot forming a lower high in this market structure. This it's the H8 timeframe and I see a bullish structure from this timeframe. This will be a risk/benefit of 1:2 Good luck!!!
BINANCE:DOTUSDLong
by harisonhbn9718
2
A sign of trend reversal in AMC? The Elephant in the room...NYSE:AMC I'll keep the write up short and let the chart speak to you, but a few observations here that a lot of people just won't talk about: 1. Since the runup to $72 AMC has continuously set lower highs. 2. From the peak of $72 in June to the end of November, AMC was successful in countering the lower highs with higher lows. 3. End of Nov AMC broke its major structure created during the run up in June. This pushed AMC to a ascending parallel channel created by the Feb runup, retracement, and the initial kick of the June run. 4. Price discovery During June-Nov respected the entire range of the first June weekly candle. 5. Again, Nov we see a break down out of the Alpha structure to its predominate structure. This was a a warning sign - IN RESEPCT TO TECHNICAL ANALYSIS ONLY. 6. This is when Lower Lows start taking place, working with the lower highs to push the price discovery back down to the range of the last May weekly candle. 7. Dec-Jan we see a case of larger price range as compared to the candle bodies, showing indecision and buyer exhaustion. The first candle body to close outside this range pushed the price down to a new (most current) range. Lower lows and Lower highs have continued through this period. 8. It is also important to recognize the level of support that was broken (created during the Jan - May run. This support and the broken support during June-Nov resistance creates a channel - keep this in mind going forward. 9. Overall, since the run up, AMC has found that is it trading at lower and lower consolidation levels. and lastly.... 10. Not one weekly candle body has closed over its active consolidation levels since June 21'. UNTILL NOW. This in mind, outside of EVERYTHING ELSE besides this chart, its a very positive indication for AMC. This has NOT happened since BEFORE the June run up. Continued... I thought I could stop. I can't. What I am looking for as CONFIRMATION of my bullish feeling (not letting my emotion get to me this time) is a weekly candle that does 1 of 2 things: A. Closes above the swing high created in Dec - this would be >$30 - This is honestly a very hard feat in 5 trading days. This though would not only break the LLLH trend but also push through the descending resistance created at the top of the Jun run AND push through the ascending level of resistance (once support but broken in Jan 22') that creates the lower part of the ascending parallel channel. This is BEST case. This is also NOT as probable as scenario B... B. A weekly close slightly above the 2 mentioned levels of resistance. This is more achievable in my mind from a PURE TA perspective. It won't be easy. Keep in mind the REALITY of the chart. LL, LH - multiple structure breaks to the downside. These are facts. We must talk about the elephant in the room... I will keep this short. Look at the chart, find the next (lower) structure). Until the trend is officially broken, it is telling us that the next structure sellers are targeting is $8.93-14.05. Yes I said it. I will also say this: it is more probable than scenario A. The fact that we got a weekly close out of the current range is a GREAT SIGN that buyers are stepping in again. I suspect major resistance at $22-24 (in regards to this week only). Lets recognize the dilution factor. 5x since the Jan 21' runup. Even at current prices (when compared to the $72 high) the company is MUCH more valuable. It is simple math. The amount of buying pressure needed to get back to this price discovery would need to be MUCH greater than the prior buying pressure. THINK ABOUT MARKET CAP - especially when creating a personal PT. This is a cold hard question that NEEDS to be asked: can a company that runs from dollars to the low 70's sustain that price discovery under the conditions of dilution. This was AMC's biggest "hiccup". Yes this is a fundamental argument, but it DOES factor into TA. In TA you need a PT and SL to create a trading plan - market cap MUST be considered. Keep this in mind going forward with AMC. Disclosure - I am LONG on AMC and have been since Jan 21 <$5 and I have been selling covered calls since NOV when I first noticed the major trend changes - this has served me VERY well and has put me in a position that I was able to accumulate more AMC at $20. Although I will not participate in calls this time, I will slow my selling of them. I LIKE what I see STARTING to develop but I will be PATIENT as to NOT get too excited...yet..until I see what the EOW brings. Please consider the fact I am not taking into consideration ANYTHING outside the chart.. I did not keep this short. No pun intended.
Editors' picks
NYSE:AMCLong
by OccamsPhazer
35
EUR/CAD Might Fly Soon 🚀📈 EUR/CAD | Potential Upward Movement 💡 Buy Limit Order @ 1.44668 🎯 Target Profit 1 @1.45138 🎯 Target Profit 2 @ 1.45610 🛑 Stop Loss 1.44198 ❌ Do not risk more than 1% of your account on each trade Analysis: The price succeeded to break the bearish trend line to the upside after the Wyckoff accumulation phase. A lower correction could be seen to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
PEOPLEForecasting PEOPLE is like trying to describe the scent of Saffron. It's currently sandwiched between Support and Resistance on the 2H chart. Couple sizeable Lower Highs are developing into a Descending Triangle, I'd wait for one extra Lower High to be sure. I'm "quite" confident PEOPLE will retest the Support, after which we might see that 3rd Lower High. If it breaks below the Support, then Descending Triangle is in play. My Targets: Target #1 = 0.0732 Target #2 = 0.0700 Target #3 = 0.0677 Target #4 = 0.0589 Target #5 = 0.0565 This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️ BINANCE:PEOPLEUSDTPERP FTX:PEOPLEUSD FTX:PEOPLEPERP BYBIT:PEOPLEUSDT OKEX:PEOPLEUSDT OKEX:PEOPLEUSDTPERP
Short
by WhoIsWu
2
EURAUD Trend Change?EURAUD has been moving sideways all 2022 with a very slight uptrend. After creating nothing but higher highs and higher lows, it has finally had a strong push and created a lower low. After creating this lower low and bouncing off of the trend line, we have shot straight back up into the supply zone where we created the previous trend changing movement. Indicating a very strong supply zone. Keep an eye on the 1H frame for a potential entry point to short EURAUD. Let me know your analysis and your plan for the pair!
Short
by the5erstrading
Possible Bitcoin Pullback to Daily .618 Fibonacci Support ZoneSimple Bitcoin analysis... > Daily formed a double top at all time highs with bear MACD and now possibly breaking the recent lows, horizontal support & .382 fibonacci. At this point... 1. Price can find support here at 58000.00 area/ recent lows, horizontal support, 50ema support & .382 fibonacci and move back up to recent highs. 2. Price can move back up from it's current support area and form a daily lower high (or just continue to fall from it's current price) and fall to 50500.00 area/ .618 fibonacci, horizontal support, trend line support & weekly 50ema support. Lots of support in the area for price to make a daily higher low and continue the current trend back up to all time highs. 3. If price breaks 0.618 / 0.75 fibonacci retracement support area as explained above ( 50500.00 to 47000.00 area ), it could move back down to daily recent lows around 41000.00 before finding support. I will be looking at the intraday charts to see how price action develops in these areas and wait for the lower time frames to confirm the higher time frames before taking a trade long or short.
by DaneilDG
COTI 1D Chart - 30%+ drop possibleCOTI on a 1D chart is looking like it is moving within an upward channel and we may be ready to see the price drop to get to the bottom of the channel. The price may have a 30%+ drop (assuming it gets to the 0.382 fib level) before moving upwards in the channel. Keep an eye on the RSI as well. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Short
by MillionaireEconomics
ELON/USDT. Update 11.24.21 From my previous post, you can see we how had a breakthrough; however, is not what we expected, we wanted a bullish breakthrough but did not happen. INSTEAD, Dogelon created a Higher Low, we had a Low already created back on Nov 4th 2021. If you look at my chart on the daily you can clearly see the High and Low of Dogelon, we have extended our triangle. I'm taking advantage of all the lows to add more to my position and stack a nice amount for the break and take profit partially and let the rest run once the breakthrough happens. At this point we just need to wait and see how the market behaves for the remaining of the days. IF everything goes according to how we see (although never happens and our job is to adapt to the market) the chart, the next possible breakthrough might be around "December 2nd" Like I stated earlier, market is unpredictable therefore all we have to do is adapt when it happens, all we can do is follow and execute the opportunities given to us. -NOT A FINANCIAL ADVISOR, THIS IS ONLY FOR ENTERTAINMENT PURPOSE. TRADE AT YOUR OWN RISK.
Long
by KasraInvestments
How To Trade The Symmetrical Triangle (Higher Lows, Lower Highs)Lower Highs are represented by the diagonal trend line. These lower highs are the resistance line. Higher Lows are represented by the diagonal trend line. These higher lows are the support line. Breakout Candlestick Retest Candlestick How To Trade The Triangle Chart Pattern First, Look For An Up Trend Second, Draw Diagonal Support Line and then draw Diagonal Resistance Line. These lines are your levels. Third, Wait For The Breakout Candle. Enter after the candle closes. Fourth, Wait For A Candlestick To Retest Diagonal Trend Line. Enter after the retest candlestick closes. Fifth, Set Target Using Height of Pattern
ZEducation
by TradeLive-