XRP Curve AnalysisI believe we will see a $10 XRP in the near term. It looks like we are following a certain trajectory and fractal pattern that should continue to grind higher as we progress in this year.
Patterns
Rising wedge (BTC) 88% chance of breaking down (swing trade)Hello traders,
I know in my last post I said I wouldn't post until October 1st, but this is basically the same chart so figured why not.
We rejected the top of the rising wedge yesterday around $50,500.
100 day moving average is around $46,500 as of right now and climbing higher and higher after every close. This moving average is used for trends, once it breaks below into resistance we probably make our way towards $37,400.
I don't think we will be able to get above $52,000 and hold, so I'm calling the top somewhere below this level.
Stay safe, and have a great week.
👍
DXY (4H)Looking for a long opportunity on dxy. Waiting for a pull back to around 93.18 area, then i will be looking for long execution points.
BTC - The Game of Patterns - August 2021With big bull move price has overtaken and back tested the fifty percent retracement level from the 65-28.6K waterfall. The next stop above to look for linear resistance is the Golden Pocket at 52.2=51K.
the big picture looking from a zoomed out perspective, i have seen the rising wedge we created for the all time high, i now looking at where we are can see we are possibly in a rising expanding wedge, with the end drop dependant on where we break, i have used the common thought of the 51k ish area to provide an idea of where we could break down to cheers love to hear your thoughts
symmetrical pattern in Adani ports after a sharp sell in the month of june it is trying to cover
add a buy order at breakout and target 1 should be 718 and target 2 should be 735
nq. don't listen to market professionals.market professionals are constantly attempting to state the obvious to cover their own a**. if you want to win money you have to do your own thinking. If you get someone that knows what they are talking about and is interested in helping you out, you should be really greatful. Most of the time traders have some other agenda, like promoting a business or whatever other stupid bulls**** the folks that can't cut it try to get into. One size does not fit all, but in my experience, its best if the money incentive comes from choosing winning trades, not from retaining a monthly membership quota.
idea for area to land in next big dumpusing a number of trend lines that had multiple lines converging showing high and low point ends, im using same method to target an area for price and dates for the end of the next big dump
How to trade breakout. Breakout patterns What is a level breakout? A large number of orders are located behind the level. Either this is a limit entry order
if the price overcomes the level, or it is a protective order - it is triggered if the price goes out of our way and
overcomes the protective zone in the form of a level
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Thanks for your support!
EURUSD: Structure Trading. Your Confirmation to Buy🇪🇺🇺🇸
As many other EUR pairs, EURUSD is standing on strong horizontal support.
To catch a pullback from the underlined area, watch a potential inverted h&s pattern on 1H.
1.1767 is its neckline.
Wait for its bullish breakout (1h candle close above) as a signal to buy.
First goal will be 1.18
In case of a bearish violation of the yellow zone,
setup will be invalid.
❤️Please, support this idea with a like and comment!❤️
DXY - Possible downside DXY is showing signs of reversal. It formed a rising wedge which it broke out of last week. I have 2 areas of interest marked out. Fridays candle had strong momentum and closed as an engulfing candle so there is a good chance we could see a push up past the first AOI before coming down which will also give the 3rd touch of the upper trendline. Will be watching for signs of reversal throughout the week which will give us opportunities to go long on some xxx/usd pairs.
New Trader: Charting patternsWhat do you see? I see a Rising wedge, and descending triangle on 4h. I also see a triple top and head and shoulder.
GA SellsPrice continued Bullish but once again it was moving ascending within a channel
Price is now breaking the channel and moving in a side ways corrective manner, which looks to me like a possible bearish flag.
This not trading advice just my analysis
BTC Analysis 28.07.2021 (part two)Final part of the BTC Analysis available on TV.
5) EMAs
6) Whole #
7) Patterns
8) Divergences
ETHEREUM - UPDATEPrice has broken out as i expected. We now can look for entries here. We have a break of the outer trend line and now can properly place an ascending trend line, we also have structure. Daily TF is still bearish but 4H is now bullish and i beleive we will be heading upwards. See previous ETH post for what i was anticipating.
GBP/JPY - ShortLooking for a 3rd touch of this ascending channel/wedge & rejection of the outer trend line to enter a short position. If this does not happen or we miss it we will look for the break and re test of the pattern which would be the safer entry anyway
EUR/USD - Bullish ScenarioAs is stands i am expecting the DXY to go down (See previous post) which means we will be looking for XXX/USD Longs. Here we have EUR/USD which is at a AOI for me, its forming a falling wedge along with the DXY forming a rising wedge giving good indications that we could see a reversal soon. I have marked out 2 Long scenarios here.
Risk entry will be the 3rd touch of the bottom trend line
Safe entry is break and re test of the falling wedge
Lets see what next week brings! :)
EUR/AUD Possible movementTrend is our friend, dont move against the current.
It also have the fib confirmation.
