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Patterntrader

SOLANA - 3-4 Day Rally to Sell.. BINANCE:SOLUSDT is having another rally so we need to get ready to sell again. In the 43-45 area we have the ABCD Gartley completing. The 61.8% level from the previous high on the 31st of May. At 44.61 we have the 382 from the May 16 high. Getting above these levels could see a bigger correction higher but as it stands we need to keep selling the pull backs. I will be looking for a short trade on this one later. AI is looking choppy today, I will post the smaller TF AI below. I hope this helps. Enjoy the trade. 👍👍
FTX:SOLUSDShort
by L_F
5
SOLANA - INTRADAY AI TURN POINTS.FTX:SOLUSD Is moving nicely today. We had a nice spike low into the first CIT window today. Now looking for a move up into 14:30 this afternoon. If for some reason it moves lower into this time then we can expect a reversal from there to the upside. On the longer term for this if it holds the recent low at 40 then we have anupside target of 64 completing the ABCD then we should see more selling. More charts coming. Just a look into how I use the AI with my intraday trading. I hope you find this helpful. Enjoy the day.
FTX:SOLUSDLong
by L_F
1
SP500 - ABCD Target hit!!S&P500 has just hit a critical level which will decide the further movement of the market. We have major levels coming together firstly with the ABCD down from the ATH then we have the 1.618% Extension from the OCT low to the ATH. We are also at the - 1 Standard deviation level which is where the options guys for this week buy futures to protect thier positions which can cause a rally. However if we get down below 3920 then we start looking at 3700 or lower. Short term we are at a critical retracement level. I will post this in the idea update section. Also AI has a run up for the first part of the day.. Another issue is the fact that we have completed the C-D leg quicker than the A-B leg by a week, another reason to be cautious. But we have fear in the market so is it time to be greedy?? I hope this helps. Enjoy the day. 👍👍
FOREXCOM:SPX500Long
by L_F
SP500 - Target area looking clear!!FOREXCOM:SPXUSD Is sitting nicely to get to the expected low of 3930-3950. But weather that hits this week or we get another rally is yet to be seen. At this level we have the -1 Standard Deviation level which we will see a bounce shall we get there. Also the C-D leg is a lot quicker moving to the downside which means we could see a decent bounce back to 4300 before moving lower or the more bearish option is we continue lower to go below 3930 and start looking for lower prices and maybe quickly. Longer term look. I will post the AI for today as well to show a possible cit window coming up shortly.. I hope this helps. Enjoy the day.👍👍
FOREXCOM:SPX500Short
by L_F
1
EURUSD - Critical AI time coming up!!In this post I take a look at the FX:EURUSD Using the AI I am looking for a change in trend @ 10am. Im also looking for it to rally or drop into the time with a pattern and at a FIB level. We are getting close to major patterns on the longer timeframe as well. The inverted move is there as well because if it rallies into the time then its Inverted and we will likely see more downside. Just a look into what I use on an intraday basis for trade entries. I hope this helps. Enjoy the day.👍👍
Long
by L_F
AUDUSD - 3 DRIVE INTO FIB LEVEL!!In the AUDUSD this morning we are in the later stages of a 3 Drive pattern into a 61.8% Fib level. There hasnt been a decent retracement to sell but now im thinking this could be the start of the first retracement to take us back up to the 0.75 area and if there is a nice ABCD pattern back up then that will be the chance to flip from long to short. Monday morning thoughts. Let me know what you think or do you see something else. Enjoy the day.. 👍👍
Long
by L_F
2
CRYPTO- Patterns & patterns. ALGORAND.BINANCE:ALGOUSDT In this post I take a look at some of the patterns I trade and how often they show up. This is a30min chart over the last couple of weeks of ALGORAND. Firstly is a 3 DRIVE into the high. This pattern often occurs at highs or at lows and normally has an ABCD pattern with it. Next we have the 135 pattern which occurs when leaving a high or a low. After that we have the AB=CD Pattern. Now we are completing a Gartley and Butterfly pattern coming in at mulitiple Fibonacci levels. This is just a look at the patterns I use and how often they occur. I hope this helps. Enjoy the day. 👍👍
Education
by L_F
DOW JONES - Finishing B-C leg. TVC:DJI is at critical levels where we could see another move lower to 31000 if the larger pattern completes. There could be one more move up to 35800 first before getting that move lower. Anything above 36k could mean ATHs again and a possible blow off top. For this month the critical date is the 11th and this could see a 2 week trend into the 27th. I will keep this updated as the are some great moves coming up either way. Weekend DOW is up 84 points so far. Monday will be the key. Enjoy the week. 👍👍
FOREXCOM:US30
by L_F
2
XAUUSD - GOLD. TREND MONTH!!GOLD could move in a few directions but as it stands the major pattern and cycle has it moving back down to 1800 with the chance of lower prices. Shorter term there are multiple ABCD targets to the upside and the down. The important date for OANDA:XAUUSD is the 6th of April, this could be a turn point that will set us on a trend for 3 weeks into the 27th. So a high into this date would see us looking for the short side and a low would have us looking for a long trade. Keep an eye on the Gold over the next few days as it will tell the story of whats to come. I will keep it updated. Enjoy the week.👍👍
OANDA:XAUUSD
by L_F
It's Rare Opportunity? - Short CHFJPYReferencing my previous idea on CHFJPY (actually my first ever CHFJPY analysis). The my rising flag lower bounds line got broken today and price just hit the same line (a retest) presenting me another opportunity to short. If i had missed the trade, maybe this would be a nice zone to join the train. If you choose to adapt this idea, please use a very tight SL. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
Short
by Kingsley_lotanna
Can the Bulls Win this Drag? GBPUSDI have had a couple of losing trades from this pair this week. Will the bulls win now??? That was not a question because am already opening positions from the current level with a good SL, just enough room to play around if price suddenly becomes choppy. FX:GBPUSD PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
Long
by Kingsley_lotanna
2