Head and Shoulders pattern formed on the 30 minute chart for Bitcoin. Could we see Bitcoin back down to $32,000 USD?
olmost a month ago i made a idea of the wyckoff theory as i saw the first signs forming, based on my experience i made a chart of it, i have been way off if it comes to time wise but the targets were perfect, so this time i made a new idea, this idea still is about the wyckoff and also the potential chanse of failing the wyckoff theory so what you see here in the...
A Bullish Falling Wedge forming on the 4 hour chart?
Short term downward momentum is weakening and the MACD line is about to cross the signal line from underneath, indicating that the price is ready for some upward movement. Also, backed by 50MA support and trend line support indicating that trend continuation is very likely. Entry: 36EU Target: 41EU SL: 33EU
Probably we will range and maybe dump to form a simetrical triangle to have a big impulse and break the bearish trendline. It will reach 35k
Reversal pattern shown as DXY looks to bounce back, Pattern broke and a good daily re test candle of Fridays close indicating strength has ran out for buyers good time to short
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week. I will explain my approach on the entry, SL, TP and management. GBPUSD: Running Position around BE Full analysis/forecast: EURUSD: 2 trades closed down for +5.33% USDCAD: Closed down for +4.62% CHFJPY: Closed down for +4.01%...
GBPUSD H4, If it will Go up 1st then it will be reject From Line. if it will go down Then it will be hit Zone then long.
Bitcoin - Wyckoff Events and Phases - Accumulation Schematic This Wyckoff accumulation pattern seems to be playing out nicely. More information on this Wyckoff and this pattern here: school.stockcharts.com Let me know what you think of this pattern and if you tink it will play out. 👍
Price broke neckline. Target one: Sell 1.1920 Target two: Sell 1.1885 Target three: Sell 1.1847 Don`t forget to look the economic calendar. THANK YOU! GOOD LUCK!
Some people are talking about an inverted cup and handle starting in Jan. Or a mega head shoulders. Perhaps too big in time bars. Anyways, down trend is pretty clear. Only time will tell if we get out of this. I think there will always be some hope till we hold 30k no more. Good luck.
Litecoin making Head and Shoulder pattern in 1 hour time frame its clear it will goes down at 110. NFA please share your thought in comments. thnks for the support.
Expecting price to create a head and shoulders formation over today into the start of next week where we will see a rally, then price collapse in on itself. 75% of retail traders are in Bullish positions here adding liquidity to this short entry.
Hi traders: I am also looking at ZOOM for the next bullish impulse phase. We can see price had a strong bullish impulse up since Covid, and continue to push higher. After reaching close to $600, naturally price begin to consolidate and correct into a descending structure. As we know price needs to correct after a strong bullish move, the consolidation...