MICROSOFT - Simple Analysis WIN ! Its Bearish Ahead ! MAGIC Microsoft - Lets explore the magic of Technical Analysis / Price action.
Microsoft is currently testing the daily resistance level and it will be more matured once the bearish candle / rejection candle is formed. We see a bearish divergence at this level which is a strong confluence for the bearish trend a head.
forgot to mention, a perfect bookish - Bearish Crab pattern is forming, which is a forming a Potential Reversal Zone (PRZ).
we expect our entry after confirmation on the break of HL - 447 level and then we can plan our TPs accordingly.
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PRZ
EURUSD - AB=CD harmonic Pattern | BULLISH TREND continuationThis analysis is done on 4H time frame, as it can be seen that market is making series of HH and HL which is our Bullish Trend. however, market took a deep correction and broke the HL which seems trend reversal. Since there is no divergence before correction therefore it is more weighted toward continuation pattern. Having said that, Market took a deep correction till FIB level of 0.618 which forms a AB=CD Harmonic Pattern.
The point D is our Potential Reverse Zone, and it also coincides with the 4H good resistance level (Perfect confluence of PRZ). Therefore we can project our market to reach there.
Entry Points : IN our case we shall plan safe entry on Break-of-Neckline, however the neckline is already broken, therefore we can instant enter into the market OR wait to break again the Market with Good Bullish candle (with good momentum / body).
Our 1st TP will be with R:R of 1:1 and 2nd TP would be 1:2 R:R , As usual SL would be placed below HL as market in the chart.
Regards,
Bitcoin Short Signal | PRZ and Head & Shoulders Confirmation!🔹 Entry (Stop Sell): $96,900
🔹 Take Profit (TP): $90,740
🔹 Stop Loss (SL): $98,900
✨ As mentioned in the previous analysis, Bitcoin has completely filled the FVG at $96,500 and is now reacting to a 4H Order Block near the $98,400 level. The key highlight here is the confluence with a descending trendline, which previously acted as support but has now turned into strong resistance.
🔍 This critical intersection has created a PRZ (Potential Reversal Zone), increasing the likelihood of a rejection. Furthermore, it appears that Bitcoin is forming a Head & Shoulders reversal pattern on the 4H timeframe. This pattern provides an additional confirmation for the bearish rejection from the Order Block.
🎯 Targets: If the short position is triggered, the first target is $90,740. Breaking this level could lead to further downside.
⚠️ The confluence of the PRZ, Order Block, descending trendline, and Head & Shoulders pattern makes this a high-confidence short opportunity.
I Cannot Long This !!! situation+next targets.As you can see, the price increased a lot after breaking the pennant, but now it's time for the price to correct a little, and my target level is Fib 0.618=1.075.
🍻Hard for everyone but easy for me. thanks God...
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Bitcoin is bearish now and many Traders don't see it !!!As you can see, the price has reached the ceiling of the ascending channel and also completed its five ascending waves, and now it is time for the ABC correction wave to begin. Also, the negative divergence in the MACD makes this signal stronger.
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ADAUSDT can ascend further!As you can see, ADA was in the falling wedge, the price was able to break the wedge, now the price is in the PRZ zone, which has the potential to grow.
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
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EUR/JPYI was going to open a small short position .. on this pair, so I'm giving out the signal fast .. in higher time frames market is doing a correction on an uptrend .. so we are going downward .. the price moved quickly enough to make a gap in MAs so now its a correction to that .. I've highlighted the PRZ zones that I think might work .. myself im opening a short position.
📉 Bearish ABCD Pattern: Short Signal on NASDAQ 1-Hour Chart!In this 1-hour timeframe, NASDAQ has formed a bearish ABCD pattern, with the reversal point aligning with the previous peak. It rejected it strongly. This signifies a strong resistance zone formed around the 15250 area and it suggests that bears might be gaining control. Additionally, a notable 2.618 setup has emerged, characterized by two peaks followed by a retracement to the 0.618 Fibonacci level, a pattern known for its high success rate in signaling reversals.
The 2.618 formation being represented with blue lines
With price retracing to this optimal shorting area, I am entering a short position, targeting 14950 as my first take profit level, followed by 14870 as the second, and ultimately aiming for 14750 as my target. 📉
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you think this insight was helpful 🚀💪
trade on EUR/USD - long idea 💲🔴Exactly according to my previous analysis, the chart has grown so far and now it's time to start falling again.
This is my personal view based on classical technical analysis and the use of news and fundamental factors.
Now is the time for selling transactions in lower time frames. 📉📊
CARDANO's movement in Coming Days!!!🤑The ADAUSDT Broken the Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 weekly
- Falling Wedge Pattern
- Bullish SAR dots
❗and the Upward signals of market momentum are:
- Divergence in MACD
✅The price has been able to break this pattern upwardly. This means the price will be flying for now and we shall expect it to reach even higher levels.
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
🤑The rich invest in time, the poor invest in money.
🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹
✅Warren Buffett
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⏮️Previous Analysis:
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
LINA/USDT The token is in the supply area, to invest and trade, I first wait until the supply area invalidates, then I enter,
🔴 the token is only technically analyzed and I have no information about its fundamentals.
make money ✌️
EURGBPEURGBP has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
USDJPYHi
USDJPY has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
AUDNZDHi
AUDNZD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
USDJPYHi
USDJPY has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
USDCHFUSDCHF has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
GBPAUDHi guys!"
GBPAUD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
LINKUSDT Potential Bullish Gartley to turns Bearish / FlatPotential reversal price action in a potential ending diagonal Elliot pattern corrective, plus potential bullish Gartley and AB=CD projections aiming demand zones.
The price is ranging @ upper region of a monthly Inside Bar candlestick pattern. I'm expecting the breaking of Aug '22 low to lowers lows newer targets. The price action above this level tends to ranging in zig-zags.
Anchored VWAP from the Aug '22 low is a important intraday support. Price is ranging between the upper bands 0.618-1.00 from this VWAP.
Bearish divergences on RSI and Chaikin Money Flow oscillators.
Similar pattern linked below.
Important Point For NZDUSDThe point shown with arrow is an important price for NZDUSD. I have to watch out for news surrounding USD in the days ahead. If the news are bullish for USD and price could break under the 0.62850 zone, the 0.60150 zone would be the ultimate Take Profit Spot which is the 50% Fibonacci level. Otherwise, if we see some negative new about USD it can be PRZ for NZDUSD, although it is less likely.
Let's see what happens in the next days to come.
Trading Idea for Ethereum💸In this idea, I'm going to share my own short-term trading plan on Ethereum . So this one is not an analysis it is an action plan with calculations.
As you can see on the chart (1H time-frame), ETH has reached a PRZ (Potential Reversal Zone) around $1310. This is the high of the last bullish wave on our ascending trend (you can see the yellow trend-line to find my bullish trend). I came to this conclusion because of four reasons:
1. RSI bullish trend-line is broken downwards
2. There is a bearish divergence on MACD
3. The price has reached the level 1 Fibonacci Extension
4. The Red (sales) volumes are rising, and the Green (buys) volumes are decreasing
So it is time for a correction now, to find to size of the correction I've used to Fibonacci retracements on the last bullish wave. The "green box" is our strongest support area on the Fibonacci. But also if I want to make my support area stronger I'll pick the area that my green box overlaps with the yellow bullish trendline. This will be the area for me to buy Ethereum if the price hit it, it is somewhere between $1210 - $1220.
Here is the trading trick, this strong support area, is a good place for me to buy. But what will happen if things go wrong?!! Before anything else I'm going to plan to setup my stop-loss . There are two good stop-losses here:
1. Somewhere around $1190, it is our lower low from our previous low
2. When the yellow bullish trend-line is broken
So we have our stop-loss, it's time to calculate our take profit area . With drawing two Fibonacci extensions, from our two last bullish waves to our green box (if the price hit that area as the end of the correction), we'll get two level 1 Fibonacci Extension. First one around $1368 and second one around $1446. My tow take profit points will be below these levels. The good thing about this trading idea is its great R/R ration that you can see on the chart!
I will definitely update this trading idea as the market proceed, so make sure you follow my account and stay tuned.
As always feel free to ask any question you have about my idea and share your own thoughts on the comment section. And if you like this idea make sure you hit the BOOST button.
Bearish Butterfly Type 2 Within Ascending ChannelFound that a valid Harmonic Pattern of Bearish Butterfly Type 2 Within Ascending Channel / Channel Up.
Bearish Butterfly identified as Point X confluence within RSI oversold.
Price retest / reverse at Type 1 within PRZ (orange) until Type 2.
After Type 2, price able to hit TP1 @ 0.382 AD, then consolidate, it is advised to look under lower timeframe such as 15m and use other indicator such RSI.
Spiked Neckline from this bearish pennantLINKUSDT spiked closely @ TP1 which is a harmonic AB=CD pattern target from a breakdown of the prior low 1M candlestick inside bar. Reacting now from the volume POC. A complex Head and Shoulders can be validated after a pullback to neckline. Plus potential bullish Butterfly target.