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$LINK + Modified Schiff Pitchfork = Dead-on accuracyI love $LINK on the 4hr chart. I've been experimenting with fans and pitchforks, and this one is AWESOME for identifying pivots. I used the Modified Schiff pitchfork on this. Which is good for sideways market action, as it moves the median 50% up and 50% over in terms of price and time. Just look how it touches the .5 and the 1 deviations, but then wicks PERFECTLY down to the 2.0 deviation. Chainlink has been consolidating for what seems like forever now. I think this is just a matter of time before it breaks through the lower .5 resistance and the median. I'd look for a strong move in the next couple weeks? But I'll say it again. $LINK is a buy and hold for me. Long term investment and waiting for staking to be implemented before this thing goes to the moon.
BINANCE:LINKUSDLong
by its_maxbro
2
EURUSD 1D TIMEFRAME EURUSD Analysis on the Daily Timeframe. I usually do my analysis on the 4HR, however, looking at the chart on the daily looked more simple and easy to analyze. Clear Head & Shoulders pattern occurring on the daily chart. (Yellow circle). I am waiting for that last buy retest candlestick to close, so this may take about a day. When a new daily candle forms, and it is a sell candle, I am selling. I have provided an entry area (black line) if the new daily candle starts around that area. I have provided TPS, and extra TP's as well. If the candle however breaks the neckline and continues to buy, I will provide buy setups and a new analyzed chart. REMINDER: Always take profit/partial profit at TP1. Price majority of the time rejects that zone, goes back to entry, then smashing TPS.
by JOAxAgyeman
Bullish patterns in tradingToday there are several popular bullish patterns on the Forex market. 1. Flag - trend continuation. Has a strong price movement (flag staff), then a correction zone (flag cloth). The correction zone can be located both horizontally and inclined to the "shaft". 2. Cup Or else "cup with handle. U-shape + corrective movement (" handle ") within 1/3 of the" cup. "Formation of the" handle "is the process of price consolidation towards the line. After the pattern is formed, the price continues to move in the direction of the cup. 3. Symmetric triangle It can be either a reversal or a continuing trend. Formed between two converging support and resistance lines. You can start trading after the breakout of the pattern (depending on the breakout, either buy or sell). 4. Diamond Reversal pattern formed at local highs and lows of the price chart. The basis is either an uptrend or a downtrend. Completion options - correction or global trend reversal. 5. Double bottom. It is based on a downward movement + two chart lows and a high point between them. Completes the formation after breaking through the base line. Further - the price growth from the base line in the volume of the figure size. 6. Pennant Continuation of the main trend. Price gaps are possible prior to the formation of the pattern. In a bullish scenario, the pattern is preceded by an uptrend. Completion of the pattern formation - a breakout in the direction of the previous trend. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
13
I closed my long position and opened a short From 31750 BTC/USDTShort: 31750 Targets: 31000 - 30750 - 30300 -29800 Stop loss 32500 X3 (2%) All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss. If this position closes, then I need a day off. Let's see how the market behaves. If the price is returned back, and there is a trade above the 32000 level - by 2H TF. I will look at the long position. So far, a wedge - which is broken down and leads to at least half of this figure. We will see. Don't forget - trade wisely, observe risk management and money management. Stop loss is required.
Short
by UnknownUnicorn13204076
2
Trend Continuation Patterns & Reversal Patterns🚀💣Hi, friends! Let's keep learning?😉 Today we are talking about <> and <> of Technical Analysis 😊 - this girls try to tell You more details😉 Hope, It would be helpful for You♥️ 🐂Bull flag🐂 The principle of bullish flag trading, like all technical analysis figures, is the same - a breakout of the control point is required. As soon as a breakdown has occurred, you can immediately post the target. The target in a bull flag will be the height of the pole. There is one more feature of this figure - the canvas of the flag should be tilted against the main trend. 🐻Bear flag🐻 For the most profitable entry, it is better to enter into a deal with a pending order. As soon as the trade is entered, the take profit is placed at the height of the pole from the breakout point of the pattern. 🐂Bullish pennant🐂 The pattern trading rules are identical to the bull flag trading rules. 🐻Bearish pennant🐻 The trading rules are the same as for the bear flag . 💥Head & Shoulders Pattern💥 After the pattern has become clearly visible, namely, the right shoulder is clearly visible, the trader needs to wait for the neckline breakout. Breakouts occur on strong impulses with a sharp increase in volume . Therefore, in order not to miss the entry and enter at the best price, it's better to use a sell stop order. To calculate where the price will go after the breakout of the pattern, it is enough to measure the height of the pattern (vertical from the maximum of the head to the neckline) and postpone it to the breakout point. 💥Inverted Head & Shoulders Pattern💥 An inverted head and shoulders pattern occurs in a downtrend and heralds an uptrend. The rules for working on a figure are similar to the previous ones. It is worth noting that the head and shoulders pattern is rarely encountered in its pure form. Be careful! 💥 Double Bottom Pattern 💥 After you have identified the pattern on the price chart, you need to wait for the breakout of its resistance line. If the price has broken through the resistance, then the target will be the width of the pattern's range - the distance from the lowest point to the resistance. 💥Double Top Pattern 💥 A double top is similar to a double bottom . The only difference is that this pattern is reversed and occurs on uptrends. The number of extrema in a pattern can be not only double, but also triple, and even more. But the rules of work will be identical for everyone - enter on a breakout, postpone the target to the height of the figure and wait for its execution. 💥Diamond💥 We measure the height and wait for the breakdown of the diamond. If a breakout has occurred, then the price movement target will be the height of the pattern from the breakout point. 💥Cup & Handle💥 Trades are opened on the breakdown of the "handle" upwards. Target is the height of the figure. Thanks for Your attention🙏🏻 Stay in touch🧡 Sincerely yours Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
10
Great Potential Swing Trade for Coca-Cola (KO)Coca Cola is well below the 200ma and has now bounced off its support. The stock is also in a bullish channel and with earning coming up and some positive news, it looks like it could be great swing trade for coming days/weeks and for a very cheap price in options! Coca Cola is a safe bet, as we can all pretty much agree, the company isn't going anywhere long term. They recently have made lots of adjustments to their business plans moving forward to adapt to the changing market and become more efficient as a company which can be found here: www.coca-colacompany.com With a rise in the coffee market worldwide, Coca-Cola has recently launched their own product which can be found here: www.foxbusiness.com Lastly, hard seltzers were the quickest growing products in the alcohol market last year with drinks such as Trulys gaining popularity. Much like the coffee market, Coca-Cola is launching their first ever alcoholic beverage and jumping on the seltzers band wagon moving forward, that info can be found here: www.usatoday.com
NYSE:KOLong
by TradeWithZack
2/10 Quarterly Update (End of year 2020)Hey guys, as you know, each quarter 10 Videos/Charts. This is a number, enjoy it :) Today we discuss some stocks, the first video was about the crypto asset class. There will be other asset classes, like main videos them for example about spx or dow jones or dax, as well as other financial derivates. In between them, the other videos will contain random stocks, which we encounter, while streaming. So the next one will discuss a few stocks of the "good stocks" list. The next asset class video will be about forex or commodities. Thereafter will be more stock examples and finally, the last videos will again be about a major asset class and the last one will be about trading ideas for 2021. And as always, thank you for tuning in, happy trading everybody, roman from -ger-quality-trades-
XETR:AHLALong
by GER-Quality-Trades
2
i OPEN Short Position from 32350 BTC/USDTI open a short position at such a mark as 32350 Short: 32350 Targets: 30750 - 28850 - 26730 - 24580 Stop Loss: 35500 All traders, please , don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss. Dear friends - I am opening a new position in #shorts - this position is very risky, but I enter against the expectations of others. Our fall is not complete - without volume. Perhaps I will be wrong for the first time - but I made such a decision for myself.
Short
by UnknownUnicorn13204076
2
ETH/USD - Price Trading in Symmetrical triangle pattern.Hello Dear Traders, ETH is currently forming a symmetrical triangle pattern and looks juicy for breakout. Watch for the breakout at either side of the triangle and accordingly plan your trades. Also few points to keep in mind : 1. Be careful of weekend volatility. 2. DXY (U.S Dollar Currency Index) closed bullish (lower time frame) this weekend. As, USD is inversely proportional to ETH's price so be a bit careful. 3. Remember, Top is formed when buyers gets exhausted not when selling starts. We are still bullish in Higher time frame.
COINBASE:ETHUSD
by mbn_global
2
LTC / USDT - all targets are achieved. Up trendHello dear friends - LTC coin (litecoin) is under consideration The coin that follows bitcoin 100% But, do not forget that this is a promising coin that can give a lot of profit. And I expect a price reduction (correction) for this coin in the same way as bitcoin. Of course, you can trade on the breakout of levels, because now what you don't buy is turning green and making a profit. But for now, I am expecting a correction for the price to go up further. Yes, this coin, I also buy for a long time, because it is an analogue (bitcoin - gold) lightcoin - silver. But do not forget that this is a promising coin that can bring great profits.
Long
by UnknownUnicorn13204076
4