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BCH ANALYSIS💥💥#BCH Analysis 🚀🚀 🔮 #BCH is trading in a Symmetrical Triangle Pattern and the price got rejected from it's trend line. A good move will be seen only if it breaks the trendline. If the price closes above above $255 then we will see a bullish move. 💸💸 📊Current Price: $233.2 🚀 Target Price:    $390 ⚡️What to do ? 👀Keep an eye on #BCH price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️ 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #BCH #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
Keep your trades simple_ZYDUS_TRADE_SETUPWhen a stock gives you a clean breakout, you take it!! INR 650 level had been providing a strong resistance to this particular stock for more than 4 months now. The stock, in an attempt to go past this resistance made few dips and rallies which led to formation of an inverted head &shoulders pattern on the chart. INR 650 was the neckline of the pattern and the stock broke the neckline and closed above it with vol expansion on Thursday's trading session. The target pattern projection suggests an upward target of around INR720-730 for the stock. INR 650 should be a major support now. CMP - INR 657 SUPPORT - INR 650 TARGET - INR 720 SL - INR 635 Note*- The views expressed are based on personal observations/opinions. Please do you own research before making any trading decisions.
NSE:ZYDUSLIFELong
by neeraj_2_sharma
4
USDJPY potential bullish patternAs can be seen in the chart, there is a falling wedge pattern in the chart, which is a naturally a reversal chart pattern and is regarded as an intrinsically bullish formation. This chart pattern is occurring at the important Fibonacci level of 38.2%, and the fact that we have bullish divergence between price and the stochastic oscillator in 4-hour timeframe adds to the possibility of this chart pattern working. Entries may be initiated at the bullish breakout of the wedge pattern, and based on a one-to-one minimum price target strategy, we can anticipate the price to reach its previous daily high. Also it should be noted that in case of bearish breakout of the chart pattern this trade idea has failed alongside the chart pattern. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
1
EURUSD : FOREX Edu for DayTraders 📉Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this strategy. Here are my top easy to spot chart patterns, specifically focused on bullish chart patterns today. The green highlight dots are to help identify the margins of the pattern and the purple highlighted dot is where entry can be taken. Please enjoy this free educational gold nugget ! Are you also trading crypto? Check out this altcoin idea with bullish upside potential : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
38
USDJPY: Anticipating Bearish MomentumHello traders, Trust you are doing great. Here is my concise Elliott wave view of the USDJP pair. Trend : Bearish (Local trend) initiated at 151.912. Structure : Wave 4 ABC correction, began at 147.150, appears completed at 149.746. Anticipation : Expecting impulsive bearish structure in Wave 5. Confirmation : Await breakout below 148.889 to the downside. Invalidation Zones : 149.760 and ultimate invalidation at 150.059. Targets : Downside objectives at 147.150 and 146.630. Cheers and happy trading!
Short
by Samuel124
VET: Three Drives Pattern Fractal 📈🔄In the intricate dance of patterns, VeChain (VET) has caught our attention with a fascinating tale. The recent shift from a bearish trend, marked by the Three Drives pattern, has now given way to a bullish narrative. Let's unravel the patterns and explore the potential bullish strides, as VET appears to embark on a reversal journey. 📈🔄 The Three Drives: A Bearish Prelude: VeChain's journey took a turn into bearish territory as it completed the Three Drives pattern. Three distinct drives downwards marked a phase of bearish momentum, leading to a significant price decline. Reversal in the Making: Pattern Recognition: VeChain is now showcasing a pattern reversal, reminiscent of the Three Drives but in a bullish context. This pattern typically involves three significant lows, signaling a potential shift in momentum. Similar Structure: Just as the Three Drives marked a bearish trend reversal, the current pattern suggests a bullish turnaround. The repetition of similar structures is a fascinating aspect of market dynamics. The Bullish Targets: With the emergence of the bullish pattern, the next question is where VeChain might be headed. Target Price: The initial target for this bullish move is set at $0.036. This level becomes a point of interest for traders anticipating a continuation of the upward trajectory. Trading Strategy: Confirmation: Wait for confirmation of the bullish reversal through price action, ensuring that the pattern is indeed leading to an upward move. Volume Analysis: Monitor trading volume during the reversal. A surge in volume can validate the strength of the bullish momentum. Risk Management: As always, employ risk management strategies to safeguard your investments in the dynamic crypto market. Conclusion: VeChain's journey, marked by distinct patterns, has transitioned from bearish drives to the potential for bullish strides. As the market unfolds, strategic traders may find opportunities aligning with the emerging trend. May your trades be in harmony with the patterns of the crypto market. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
Bullish Momentum Unleashed: A Daily Analysis of GBP/JPY's PromisHello traders, this is a daily analysis of GBP/JPY on a daily timeframe. We are clearly in a bullish trend, marked by consistent Higher Highs and Higher Lows. There's no confirmation of a reversal as of now. Additionally, we observe a kind of channel formation moving to the upside. By aligning two points upside and two points downside, we can see that the current movement is still bullish. We anticipate the trend to continue, aiming for a break of previous highs. Furthermore, we expect a breakout of the channel to reach the BSL (Breakout and Support Line). For the monthly points, our targets are set at 186.76 for the first point and 195.99 for the second point. Keep a close eye on the charts for potential confirmations and adjustments. Happy trading!
Long
by BlackWatch01
#GBCAD selling opportunityHello, everyone. I hope you're all having a great start to the week. Let's analyze the GBPCAD chart and explore a potential selling opportunity in this pair. However, please keep in mind that since we've also posted another idea for EURCAD, it's advisable not to take both of these ideas simultaneously, as it could increase your risk and disrupt your money management. The price is currently situated at a Daily Clean break area, which serves as a supply zone in the daily timeframe. Additionally, the price has reached the 61.8% Fibonacci retracement level and appears to be forming a rising wedge pattern. Moreover, in less than 10 minutes, a bearish hammer candlestick formation will likely occur in the 4-hour timeframe, further supporting the potential for this trading zone. It's essential to note that in the forex market, there are times when the price presents clear patterns. However, it often initially moves against the pattern to trigger traders who trade in the direction of those patterns and then reverses in the direction of the pattern. I believe that the bullish breakout from the wedge pattern is a false breakout, and the price will eventually return inside the pattern. For entering a position, you can either trade based on the 4-hour bearish hammer candlestick formation or wait for the price to return inside the wedge pattern. In any case, your stop-loss should be placed above the high formed in this candle. Wishing you all the best.
Short
by mohemati
2
NEAR and FET: Similar Fakeout PatternsThe cryptocurrency world often surprises us with intriguing market dynamics, and today, we'll delve into NEAR and FET, two projects that have crafted similar fakeout patterns but may be charting different paths forward. NEAR executed a "sweep of the lows," while FET is forging a "double bottom" pattern, both aiming for a potential ascent to $0.55. Let's explore the nuances of these setups. 📈🔍 NEAR's "Sweep of the Lows": NEAR Protocol (NEAR) recently performed a "sweep of the lows," a strategic move designed to clear out sell orders at lower price levels. This maneuver creates a potential foundation for an upward movement. FET's "Double Bottom": Fetch.ai (FET), on the other hand, appears to be forming a "double bottom" pattern, characterized by two distinct price lows. This pattern often signifies a shift from a downtrend to an uptrend and can lead to notable price gains. The $0.55 Target for Fetch Trading Strategy: Observation: Keep a watchful eye on the price action of NEAR and FET, and how they interact with their respective patterns. Risk Management: Prudent risk management is essential, particularly when dealing with the inherent volatility of the crypto market. Stay Informed: Stay up-to-date with the latest developments and news related to NEAR and FET that could impact their price trajectories. Conclusion: In the crypto market, similar patterns can lead to varying outcomes. While both NEAR and FET are eyeing the $0.55 level, the paths they take may diverge. As traders and investors, it's crucial to remain adaptable, stay informed, and exercise caution as you navigate these distinct journeys. Remember that the crypto market can be as unpredictable as it is exciting. May your trades be prosperous, no matter which path you choose to follow. ❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
by AlexWhale
BULLISH MOMENTUM In this trading idea, we'll explore a potentially profitable strategy for buying gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals. Support Levels : We'll closely monitor important support levels on the gold chart. These levels often act as significant barriers for price movement. A break below these levels can indicate a potential trend reversal or a strong bearish sentiment. Fibonacci Levels: Fibonacci retracement levels are essential for identifying potential reversal zones. We'll use Fibonacci analysis to pinpoint key levels where price may encounter resistance or support, offering valuable entry and exit points. Order Blocks: Understanding order blocks is crucial for spotting areas where significant buying or selling activity has occurred. We'll identify these zones to anticipate potential reversals or trend continuations. Trend Reversal: Recognizing signs of a trend reversal is vital for shorting gold effectively. We'll analyze various technical indicators and chart patterns to identify potential shifts in the trend direction. By combining these elements in our analysis, we aim to provide you with a comprehensive trading strategy for buying gold that maximizes profit potential while minimizing risk. Keep a close eye on these factors and stay prepared for potential market moves. Remember to perform your due diligence and risk management before executing any trades
OANDA:XAUUSDLong
by KarolinaKanova
P&G - Bearish pattern on Procter&Gamble chart? Hello , Although I consider Procter & Gamble stock to be a very good long-term investment. (Safe background and very good dividend system. ) It seems to be working on a bearish pattern now, which is projecting a decline all the way to the $140 zone. For me, it's the only stock I've held long since the $90 level, and I've been buying regularly ever since. It's like Coca-Cola to Warren Buffett to me. (Only I have a little less of it.) For me, this seems like a good point for my long haul bags. If this pattern works, the price will reach the target zone by winter. If you have to choose between Procter & Gamble or Johnson & Johnson, P&G is clearly better in the long run. Do not forget. These are my thoughts and observations about the market. And they do not constitute investment advice. Also, do your own research before entering a position. Tell me what you think, and if you like my idea, share it with others. Regards In extreme cases, even $125 is possible, but I see very little chance of that at the moment.
NYSE:PG
by XOX_XOX
The historic +40% pattern on AppleHello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience. I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings. I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme. ------------------------------------------------------------------- Today I want to share with you my outlook on Apple: Apple is in a massive uptrend and if you look at Apple's chart over the past 20 years, there is no doubt that this was a crazy chart history. We also always had breaks and retests of the previous highs which were followed by crazy pumps and I do expect the same thing to happen again. ------------------------------------------------------------------- Most of the people always follow the quick money. But the quick money is never the big money. They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail. The only think which you can control is your risk, everything else is unknown. Keep your long term vision!
NASDAQ:AAPLLong
by basictradingtv
25
EURCAD ↘️ ↘️ Head & shoulders pattern Hello Everyone 🙋🏽‍♂️ A head & shoulders pattern with a descending channel set the stop loss 1.44692 and take profit at 1.35600 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
Short
by EMA_Trading
8