THETA ANALYSIS🔮 #THETA Analysis - Breakout 🚀🚀
💲💲 There is a breakout of "Falling Wedge Pattern" in #THETA. It's a 12hr time frame breakout. After the breakout of the pattern #THETA is forming "Rounding Bottom Pattern" and after the breakout of the rounding bottom we would see a good bullish move
💸Current Price -- $1.320
📈Target Price -- $2.300
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#THETA #Cryptocurrency #Breakout #DYOR
Perfectsetup
XAUUSD Perfect Sell Setup I Found a perfect Sell Setup In Gold/Usd Pair
Remember one things USD Chart is still bullish so we have to find only short setups in GOLD.
I will be looking for Short in 1950-55 area because its an unmitigated Order Block which is yet to be tested and we will see a down trend in coming days in GOLD.
Lets Crack this Market Again with our setup 😁💸
Follow me for more setups like these 💰💰💰
Cheers.
Head & Shoulders Pattern Formed on GBP/USD !! #ShortHead & Shoulders Pattern on GBP/USD !!
The Head & Shoulder Pattern seemed to have formed on 4 Hour, I will wait for
Retest of Neck-Line before Shorting GBP/USD .The Risk to Return ratio is 1:3. It can be a really good trade if executed correctly.
Target is chosen by Measuring the Distance between Neck-line and the Head , further the same distance is then used after Break of Neck-line to establish correct Target area.
Stop loss is set where the Price is least likely to get hit hence the 1:3 RR.
note: Do your own analysis before taking the trade.
Analysis based on;
1, Price Action
2, Chart Pattern
3, RSI - Overbought/oversold zone
4, Candle-stick Pattern
Time frames used:
1 Hour
4 Hour
Rising Wedge + ABCD Breakout (I.P)In progress is a higher high and higher low, D break confluence with additional confirmations at that time.. will go Short. In the meantime it can pullback just a little but eventually reach ~$345 by the end of this month. I’ve also added key levels for support and resistance on daily.
One More Pull Back Before The Long
Weekly: 3 waves completed and I expect to see wave 4 complete to the upside.
Daily: The corective structure broke to the upside indicating that wave 4 is taking place.
H4: The corrective structure has broken to the upside. I am looking for an entry trigger for the long.
H1: I expect a pull back to complete wave 3 and will look to enter the long when a reversal from that point has been confirmed.
Final leg up for Euro before fallingAs you can see on 4H we are ready for final leg up before going much lower. 0.786 fib extension is possible target.
If you scroll back ant look at weekly perspective, you would see huge channel down. All 3 times we touched the upper channel trend line, we fell of a cliff. I don't see why it shouldn't happen 4th.
Dollar index should go a bit lower before strengthening again. (96.78-80 strong resistance)
Longs could be opened here with tight SL. Although perfect setup could be to open short at 1.13650-750 and wait for a big fall all the way to 1.10-08.
FX:EURUSD
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