Get started

Measuredmoves

Gold to $2057 overnight by 6:15am in the morning 1.04.24Gold should start its climb up to $2057 tonight . There should be on last push to 2048-49 then it should start its climb to $2057. Nothing really super technical here. It finished accumulation, then re-accumulation, made a control box, broke out. ran up. Dropped back to the zone to find support and resupply. Pushed a little deeper, and now setting up to break that high using the measurements it made doing everything I just said. Which points to the $2057 area and Im throwing in some timing to make it interesting.... I have a natural rhythm to the market and with that it should finish before 6:15am. just a zone break, followed by a pull back to support and then a launch for profits.
COMEX:GC1!Long
by iCantw84it
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.
BINANCE:HBARUSDEducation
by dudebruhwhoa
GBPNZD - 4hr Timeframe - ShortHello Traders, Price broke out of a 4hour ascending trend line that is lined up with a structure level, Price has the potential to retest the broken zone and move lower, Wait for a RETEST (Price Closes Above the previous level of Support) Once Price Confirms Support as New Resistance (Ceiling). Enter the Trade. Good Luck to you all, If you liked this idea, please like, follow and comment. *This idea does not provide any financial advice.
Short
by RobBezerra
1
VETUSDT stalling at measured target. What's next?Perfect wave propagation and respecting all the levels. One of my better calls (see related idea/post to see progression of the price). Currently stalling at a measured objective but I do think the trend is strong and should hold as long as we don't see price going below 0.042 (short term). We might see a bit of sideways here and the key short term support level to watch is that 0.043 area which was a breakout point. This area should hold if we are to see bullish continuation in the very near term (intra-day or the next day or so). Otherwise, we might go into a bigger trading range or even a bigger pullback. If 0.043 holds, next target would be around that 0.054 area (again a measured objective of the current LTF consolidation pattern). We are in price discovery mode so it will be harder to call price objectives using this strategy. As long as we're going up, I've no complaints. We can certainly go parabolic from here too. :)
Long
by thedailychartist
Pullback for Bullish Entry?I've been accumulating GBTC since $4.28 and as I was looking for the next dip to buy more I ended up with this setup idea that I decided to publish. It'd be a nice swing trade assuming we get down to the entry, though to be clear, this is not financial advice - I am not even planning on trading this other than accumulating more at the entry of $9.85 (will probably front run of course). That said, if there's something you see here that you can make use of, then awesome! If the GBTC premium stays where it is (which is a horrible assumption BTW), then the entry will be roughly equivalent to $8775 spot and the top-most profit target is around $12.3K.
GLong
by CryptoKick