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PRZ

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.
Short
by arzdigitalistha
📉 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 🚀💪
OANDA:NAS100USDShort
by Thomas_Zito
5
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 ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. ⏮️Previous Analysis: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
8
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:
Short
by HamidRamezani1992
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:
Short
by HamidRamezani1992
1
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.
Short
by HamidRamezani1992
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.
Short
by HamidRamezani1992
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.
Short
by HamidRamezani1992
2
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.
Short
by HamidRamezani1992
1
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.
Short
by firmestudio
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.
COINBASE:ETHUSD
by ArshiaZojaji
18
BITCOIN: GET READY! This is a 3-day chart of BTC. There is an ABCD pattern and concentration in a possible PRZ. Contrary to popular belief, there is no one 'ABCD' pattern but a series of them. When you see one where AB=CD then there is a potential for reversal. ABCDs do not have to be 100% accurate. The important issue is price action in the potential PRZ. The current picture is not a prediction because I CANNOT possibly know what the future holds. If you are 'getting ready' it's for two things: 1 - a movement north 2 - a movement south. With all trading it is about taking an affordable loss. The 'big money' will be looking at the PRZ too. Small traders need to be extremely careful. BTC is not a great investment due to its particular wildness. Stay safe. Disclaimer : This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BITFINEX:BTCUSD
by Captain_Walker