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.
PRZ
What is Potential Reversal zone and how to make it?How can we find a Potential Reversal Zone?
Is it enough to just make a simple Retracement or we can make our support zone narrower? how can we be more confident about our possible supports?
What are Fibonacci levels for different types of Fibonacci and what are typical ones among them? How can we implement different wave degrees to make our PRZ even stronger?
You can find answers to all above questions in this video.
I hope you to enjoy this video and wish you all the best.
Crime cash game Scalping analysisThis Zone between 1.272 and 1.618 of Retracement and Expansion Fibo , can push the Price to higher levels . Just as scalping !
BTCUSDT intraday reached the peak of the last upward swingBTCUSDT intraday reached the peak of the last upward swing. Now, as we can see on this chart, BTCUSDT price action is reacting to 78.6% Fibonacci retracement level which is a key level to shorts. Actually the price is in a potential reversal zone. Considering the reversal from this peak the price accomplished a prior zizag with this pullback for a expected downward. The local support is the demand to reached in a 2-day swing trade. Overbought condition as can be read on Ehlers Stochatisc CG oscillator.
Plus a comparing price line from LinkdownUSDT of Binance to show to you an option to avoid of the liquidity risk. Don't be FOMOed and a moonboi will safe you of losts.
GBP/USD Long idea with Harmonic Pattern and Structure TrackingBased on the fact that GBP/USD in 4Hrs charts maintains a bullish structure and has broken a bearish structure in a 1 hour timeframe, with the harmonic pattern plotted I can project a long to the area of 1.327...invalidity levels below 1.30592
AUDUSD - Bearish SharkWOW! This is a BIG one! A Shark Pattern on the Daily Chart is no joke!! Before we engage the trade, we need preferably a candle spike touching 0.7556 for the shorting opportunity.
And it will be even better if the spike did not manage to close above the structure on the 4-hourly(UTC+2) chart!!
Potential Shark Forming 🦈🦈NAS100 - Looking for a pullback/imbalance fill before a continuation to the downside wiping the liquidity and completing this shark pattern.
The D point is landing in a very nice looking PRZ
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
BTCUSDT Double bottom, bearish Bat.BTCUSD probably reached the peak of this cycle with daily overbought condition, double bottom, bearish bat signal and volume lecture based in wyckoff's fundamentals. This pullback to Head and Shoulders neckline is a condition to validate the pattern. The price action is confluent with S&P500. More confluences can be see in the macro daily timeframe analysis.
AAPL - POTENTIAL REVERSAL ZONEThis harmonic Gartley pattern has a potential to touch the 200 moving average.
The 88.60% of AB is the possible resistance and could confirm the fake break out and false target price of H&S pattern.
Below the 200 moving average is 78.60% of XA which is within the target zone of Gartley D leg.
PRZ - 113% - 161.8% - BC
Shark Almost Complete!NAS100 - Shark almost complete, looking to trade up-to the PRZ before looking for reversals, PA is bearish on the daily but I'm wanting price to fill the imbalance and give us a nice mitigation before a HTF continuation.
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.