Get started

Patern

🔥 ADA: Don't Miss This HUGE Trade!Previously I've talked a couple of times about this massive parallel channel that ADA is supposedly trading in. With the strong bullish impulse of the last two weeks, ADA has created a perfect swing low for us to trade on. With a target at 25$ (long-term) and a stop just below the swing low we can create a potentially amazing trade with a R/R of over 135. If you find 25$ too risky, you can lower the target to 5$, which still has a good R/R.
Long
by FieryTrading
13
BNB/USDT 1DIntervalBNB/USDT on a one-day time frame. We will start by identifying a downtrend line from which we can see how the price has gone up and is currently struggling to stay above this level. Moreover, at this point we can see the formation of the Cap and Handle formation, which is characterized by a first large and a second smaller low, after which an upward price break can be observed. Moreover, the recent declines were caused by the bombardment of the media with negative information about the Binanc exchange, which lowered the valuation of the BNB token. Going further, when we unfold the fib retracement grid, we will see that the price has been rejected by a very strong resistance zone from $319 to $351, but if we return to it and the price goes up, the path towards the next significant resistance around $443 will open. Looking the other way, we will define the places of support in a similar way. And here we can see the first support at the level of $286, then we can determine the second support at the level of $253.7, which could potentially fill the formation. However, if the formation is broken, we still have a very strong support zone from $231 to $202. Please look at the RSI indicator, which shows a rebound towards the upward trend line, while the STOCH indicator shows a strong downward movement, which resulted in a small price movement on the chart, but there is still room to deepen the correction.
by cryptodailyuk
Gold Update 3- Friday 09 JuneFriday… I do not like a very much trade on Monday & Friday…like as today… Technical analysis still holding & valid. Simply I do not like to keep open positions over weekend because of overnight charges & unpredictable beginning of Monday. Volume dropped already and market is already in “weekend mood”. No illusions here. I did exit break even at 1967.37 with a +50 pips on micro account. At least I can pay for my coffee ;) I do aspect on Monday continuation of set up. Another day, another dollar… Some statistic for all week… It was mostly all week testing work done, so I did end up with a “punny” 2154 pips profit & 4 test trades. By my technical analysis since 1st of June was “available” 5 trades with 11018 pips profit on micro account . Looking forward for the next week trading. ;) All of you have a nice weekend & good backtesting of your ideas!
OANDA:XAUUSD
by G-money2022
Trading Idea - #DAXTrading Idea - #DAX Sell/Short after head and shoulders pattern forms! Entry: 15.290 (the neck line) Target: 14.937 (the head height) 1. the initial rally into the pattern is often associated with a strong rise. 2. the first shoulder forms where price peaks before falling back to a support level - the neckline. 3. once the market reaches the neckline, it rallies to make a higher high before pulling back to the neckline. 4. the market then bounces off the neckline again, this time making a lower high than the previous bounce off the neckline. 5. the pattern is only confirmed when the sell-off from the second shoulder breaks below the neckline, after which the target equals the distance between the neckline and the top of the "head".
XETR:DAXShort
by Traderherz-Analytics
2
technical analysis for BTC1- The triple top is a chart pattern used in technical analysis to predict a reversal in the price movement of an asset. A triple top indicates that the asset is no longer rallying and that lower prices are expected. 2- We have a level of demand below it, so the price must come to that level and have a big bounce to continue rising. 3- In scenario 2, the price will break the demand, retest it, and then continue to the lower resistance, where it will consolidate, then reach the 12 k area due to market fear.
by wisemanofc
7
GALA the beginning of a new uptrendGALA has been in a downtrend for more than two months. It is only now showing signs of a new uptrend. It is also worth highlighting that a technical pattern - a symmetrical triangle - has formed on the chart. And the price has broken through the upper boundary of the pattern, which is a positive signal for the continuation of the uptrend. According to the rules of the pattern, target = height of the triangle. We don't know if the price can reach this target, it is important to analyze the bitcoin's performance, as all altcoins are correlated to bitcoin .
Long
by hshirkhan