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Patterntrading

This could be XAUUSD 's golden year!2011 marked a huge accomplishment for Gold peaking at 1920. This peak was made possible fundamentally due to inflation brought on by the sub-prime 2008 crisis. After peaking around 1920 back in 2011, Gold resumed to drop for a consistent 2 year period until 2013. Between 2013-2019 Gold was trading within a triangle consolidation pattern that broke up June 2019. Between 2019 to today Gold is trading in a technical weekly up-trend with higher lows. On my previous bigger picture review of Gold when it was trading around 1800 back in 2020 - I've covered how Gold may continue to rally long-term with consistent new highs. Gold resumed to rally after my idea was published and peaked at around 2080 just a couple month later, August 2020. After peaking August 2020 - It resumed to trade down until November 2021, when for the first time we had a higher high on a weekly close. Since November 2021 a consistent up-trend is ongoing, which started from a double bottom forming around the breakout which is also the weekly support stretching since 2018 connecting lows. Most recently we have a weekly close above the previous high of 2011 (1920) and connecting highs stretching back a year to early 2021 , also at around 1920 - Together making up very bullish indications, which means a new all time high is targeted. If this week closes above 1945, expect an extremely strong start to the week for Gold , with 1960, 1980 and 2010 as immediate possible targets. Inflation , uncertainty , pandemic, war - All bullish factors supporting the bullish technicals reviewed on this weekly chart. Please like and subscribe if you like my point of view , thanks!
OANDA:XAUUSDLong
by Exactus
S&P500 - NEARING CORRECTIVE RALLY ENDThe FOREXCOM:SPXUSD is nearing the completion of the corrective move higher. We have just completed the ABCD to the downside with a nice rally later in the US session yesterday to move off the low. Today we have 2 levels to watch. Option 1- Temp Bullish. This will see us head higher into the 4680-4720 area a little higher than the 78% level. Then this would bring the start of the move lower towards 4k. April the 12-13th is a major Monthly AI turn point and astro event. This is where this scenario is lining up nicely. Option 2 - Corrective move finished. This more bearish option would take us to the 4550 -4565 area before failing in a 135 bearish pattern. Either way we are nearing a top or its already in. I hope this helps. Let me know your thoughts.
FOREXCOM:SPX500Short
by L_F
What is Head and shoulders pattern and how to trade with that?*The Head and Shoulders ( Bearish ) pattern is one of the most popular and best known price patterns in trading. This is a very accurate trading signal if you know how to use it properly and flexibly. *What is Head and Shoulders? How to identify and characterize Head and Shoulders is the name of a special type of price pattern that usually appears at the end of uptrends. This is a signal of future downtrends. It is called Head and Shoulders because the shape of this pattern on the price chart is similar to that of the human body including Left Shoulder, Head, and Right Shoulder. The line connecting the two troughs of the shoulders is often called the neckline. In fact, this pattern is perfect when the Neckline is horizontal (the prices of the two lows are approximately the same). How to trade with this: ENTRY POINT : Right after the candlestick breaks out of the neckline (or at the Retesting the neckline ) STOP-LOSS : At the peak of the right shoulder. TARGET : Usually, Head and Shoulders is a pattern for starting a downtrend. Therefore, adjust the first target to the height of the neckline to the top (H) of the pattern and adjust the next targets according to the past price and chart. This is the academic shape of this pattern, in the future we will publish other types of head and shoulder patterns 📚 . Please follow our page to be informed as soon as the materials are published. Thank you all for supporting our activity with Likes 👍 and Comments ❤️
Education
by NamchaTa
AUDUSD, Gartley Buy. AUDUSD has just hit the 78.6% Fib level also completing a Gartley. This is where you get the low risk trades with great risk/reward. I traded the C-D leg down as this was a completed smaller Gartley pattern. Now the plan is to either go long to the 0.7280-0.7300 area which would set up a 135 Pattern to sell or we are heading back up to 0.7500 completion of the bigger ABCD. Yesterday was a down day on lower volume which is why im looking for a bounce today. AI also to follow. I hope this helps. Send me a comment with your thoughts agree or disagree.👍👍
Long
by L_F
10
TOTAL CRYPTO MARKET CAP. In this chart I take a look at the Total Market Cap of the Crypto market. We have a critical date coming up on the 16th of March if we look at the AI. This could be a potential sell off or the start of a rally depending on if we are making a low or a high coming into that date. As it stands a rally over the next couple of days would set up that sell off but if we get down to the 1.5T level the that could be the start of a big rally. We have big ABCD patterns at 1.375T and down at 1T, this would scare a lot of people but would be the best time to buy. Watching for now and looking for set ups in the market. I will post a couple of charts for the near term. I hope this helps with the way I look at things. Enjoy the day. 👍👍
CRYPTOCAP:TOTAL
by L_F
GOLD to new All Time Highs.. Are we looking at GOLD about to turn into new all time highs. The last 2 sharp retracements have been 100 points into the 50-61.8% area from the previous rise. If the market repeats then 2163 is the upside target or 2134 is the 1.618% extension from this retracement. Another option is a rally into 2020 then another leg lower to 1920 before the next run up. The AI for the day has the GOLD rallying into tomorrow, another piece to add to the puzzle. Plenty to watch in this market and the constant news events making it jump around so dont forget to use stops. I hope this helps.. Enjoy the trade. 👍👍
OANDA:XAUUSDLong
by L_F
LUNA/USDHello everyone. This is my short term bullish scenario for LUNA/USD pair. As 50 daily EMA and 200 daily SMA are converging with no crossing. I'm expecting the price is up between $108-128. My analysis based on combined trend lines of LUNA previous bullish and bearish price movement which i called 'box-trap' in short with take a look LUNA/USD charts pattern during Nov-Dec'20. This is not my financial advise, please do your own research before you make your own decision.
LLong
by UnknownUnicorn34896114
LINKUSD 13.36 - the crossing watch - buys entered for dipHere we are at the 13.36 line. I am very hopeful we all get some buying opportunities here. id love to see the 7s again. I think id start loading up at 8. Maybe a little taste at 10. So much of what is occurring is manufactured. Participate. Russia just announced a plan basically the same as what the Federal reserve wants. That at the end of the transaction is USD. The vehicle is irrelevant Like a coupon. A stock. Ukraine just legalized it in a similarly regulated way. So even in threat of war the crypto revolution is uniting. How do we appease the Federal Reserve. What if we make a house loan on staked crypto. What if we crowd fund a government. They really wont have that and we don't have the power to stop them. We have the power to make change though. I can not wait to see what is about to emerge.
COINBASE:LINKUSD
by mindfree
Projection BTC-USDTPure speculation about BTC-USDT. I have noticed that each of the first two "consolidation blocks" took 14 days. So this leads me to wonder: will the current consolidation block also last 14 days? If so, we can expect price to move out of that consolidation block on the 19th, either to the upside or downside. Not a prediction, just an idea. I know these patterns don't necessarily repeat, however I thought the similarity between the first and the second block was striking enough to highlight it as an idea. If you like the idea, give me a like :) Enjoy your evening!
by mapav