Retest-structure
BTC/USD - Tech Analysis = BearishWith the weekly candle closing in about an hour from now, I'm beginning to fear that we will see more bearish activity between this pair in the upcoming weeks/months.
Last week we saw price break out of an ascending triangle chart pattern which was then followed by a break from its previous structure (Wave A) This week, we went on to see the Retracement of Wave B form that that has now become the retest of that previous structure.
If price does not manage to break back about its previous support, which has now become resistance, then I believe we will begin to see the formation of wave C this week coming.
Also, for a more detailed analysis on Elliot waves, check out the link connected!
This chart reflects where I entered which was where the bearish dojo candlestick closer. Still currently over a 5:1 R/R ratio
WHIRLPOOL - Weekly - Retest & Reversal (Morning Star) - SwingThe above analysis is done purely based on Price action and Popular chart analysis.
The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target.
Analysis and trade setup has been shared in the image itself.
Don't run after the price, and always trade based on your study.
Maintain proper risk management.
Also check out my other ideas based on morning star pattern linked below.
Feel free to comment or message me for any kind of queries.
MAHSCOOTER - Price at Ascending channel support zone - SwingThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
The stock is backed by good fundamentals. Upmove has been well supported by Volume.
Trade setup is given in chart itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
BTC Crypto Hype II - Fractal play !!Hello trader,
good mood and profitable deals!
If you're new in the game,and you are interested in my plan, check out my previous analysis :
BTC fractal analysis! bigger correction is comming ?
Altcoin session is comming !!
BTC Crypto Hype - MA fight !!
If you follow me you have from 55 - 65k, and with alts, made good profit with me!
In my last post, I have only been making intraday long and short trades, because i was waiting for confirmation and a better entry.
If we compare the last 12 days with the last sharp downward movement of 26% in February, we can assume that we are in the green circle.
I expect a correction in the 53 K area. Where we will probably start wave c.
Entry 52 K area
Targets 58K, 60k, and maybe 61K
This bounce is stronger than I expected, but it's still amazing to see again and again how much the mood changes,
from ultra bearish to the moon with my new lambo
I would like to mention that all I post are just options and my own opinion !
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
Discipline is the key to success !
Unfortunately, my english is not so good and I work with google translate, but if you have any questions I will be happy to answer them .
If you like my posts smash the like button, comment or follow me.
Dyor an trade save !
DREDGECORP - ASCENDING TRIANGLE BREAKOUT & RE-TEST STRUCTURE he above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Best Entry would be between 325 to 340. Trade set up is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
USDTRY 8.12199 + 0.5% LONG IDEA * BREAKOUT , PRICE ACTION & STRUHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - INTRA - DAY TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
LINKBULL high volatillity token1 long setup!Hello friends
good mood and profitable deals!
Strategy:
Channel retest
Rangetrading
Algo play
Waiting for confirmation from BTC in LTF
If you like this action
3x Long Token is tradable on Poloniex, located in USA-Delaware:
you get 10% of my trading fees and I 20% of yours
poloniex.com
If you liked this idea or have your opinion on it, write in the comments, We will be glad.
No trading advice, dyor and trade safe.
MOTILALOFS - Triangle Pattern Breakout & Retest - Swing TradeThe above analysis is done purely based on price action and chart patterns.
The analysis is done on monthly charts, hence it may take the price few weeks to few months to reach the target.
Logic as well as the trade setup is shown in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
To understand this re-test structure more clearly, check out the analysis of AMBUJACEM linked below.
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
DOGE COIN TO 0.078 LEVELsymmetric triangle is creating with 5 attempts in the support line. Buyers are getting powerful and demand increasing.
in a retest stage after break out. perfect set up for Doge and the coin will be up after the next few days.
Fundamental news is good as Elon Musk tweet and yahoo finance news.
HINDCOPPER - Breakout & Re-test structure - Monthly chartThe above analysis is done purely based on price action and chart patterns.
The analysis is done on monthly charts, hence it may take the price few weeks to few months to reach the target.
Logic as well as the trade setup is shown in image itself. The level which was earlier acting as major resistance, may act as major support for price to move up.
Entry can be done at CMP to any pull back. SL can be around 100. Targets are shown in image as well.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
To understand the re-test structure more clearly, check out the ideas linked here - APOLLOTYRE , SCI , SBICARD
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
ABCAPITAL - Weekly - Breakout, Re-test & Reversal - Swing TradeThe above analysis is done purely based on price action and chart patterns.
The analysis is done on Weekly TF hence it can take couple of weeks/months to reach the target.
Trade setup (Entry, SL and Target) is shown in image itself.
Entry can be also be made based on Daily TF candles.
Safe Traders can wait for closing of candle above the reversal candle and then enter.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
The same stock was analysed couple of weeks ago on Daily TF. Do check out the analysis linked below.
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
SBICARD - Morning Star at support level - Short Term swingThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets
Logic, Entry range, SL are shown in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
4H Perspective of USDCAD - Bearish PatternUSDCAD is currently making a correction move back to the bearish trendline. We are patiently waiting for a bearish pattern to form after price has just hit the 0.786 Fibonacci level. If price continues this push up past 0.786 we may need to step away from our short bias and watch the movement unfold.
SCI Weekly - Re-test after beautiful breakout - Swing TradeThe above analysis is done purely based on price action and chart patterns.
The analysis is done on Weekly TF hence it can take couple of days to couple of weeks/months to reach the target.
Logic as well as the trade setup (Entry, SL and Target) is shown in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
USDCAD 1.24432 + 0.01 % * SHORT IDEA CONTINUATION AND PRICE ACTIHello everyone
Hope everyone is good having a good week in the markets... here's an idea on the DOLLAR / CAD
* follow your entry rules on entries
* significant moves with the bulls change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
$T Symm.Triangle Breakout vs Fakeout?Hello Everyone!
I recently had a successful play on ATT purchasing some calls before this past weeks uptrend on $T
Unfortunately, since I didn't enter the trade with any real, calculated goal targeted, the position was exited once I saw an enticing percentage of gains.
While I'm overall happy with the results, I couldn't help but notice the disappointment in myself as the price on the calls continued to rise even more after I sold them, knowing I could've quite
easily returned even more from the position.
So I've pulled up AT&T to get a closer look to see if I can identify any other clear opportunities on a new position.
If things play out along with my idea, I'll enter a new position and this time with a more calculated plan- as is my main trading goal for this new year.
To trade with more calculated entries and target goals to exit & improve accordingly.
$T seems to be bouncing within a more symmetrical triangle pattern, with no real success breaking out- as noted by the circles marking the failed attempts.
Personally I'm predicting that with some of the new business strategies AT&T is aggressively taking on recently, we could see some buyer confidence based off of those fundamentals. This could support the possibility of finally breaking out of this Symmetrical Triangle. We also seem to be retesting the resistance more than the support.
If price breaks above the horizontal line (marked BULLISH), a pullback using that line as new support would be a great point for an entry. The top of that green arrow marks the target, slightly under $37
While watching this play out, I'm considering if taking on this move in the form of going long on both shares & some Options calls would be a strong move?
That play would require some closer consideration to avoid over exposure to risk.
I say that, because at this point it seems equally telling that ATT could continue downward, especially if resistance holds on a retest and buyer confidence weakens.
I've laid out the 50 MA (thicker white band) & the 20 MA (thinner yellowish band)
the 50 MA will help as a tool to plot safe stop losses without being too overprotective of the position resulting in getting stop'd out.
I'll try to update on which way my view of this potential plan plays out on this idea.
Please feel free to give friendly but honest critiques!
Happy Trading!
*this is not financial advice*
**all my charts are for educational & personal tracking purposes**
GBPAUD 4.5 R:R swing tradeConfluences:
-Daily M pattern
-Price broke out of consolidation range and it's retesting it
-Price is also at a major zone (now resistance) and has been under it for multiple 4h candlesticks indicating lack of bullish momentum
-It's a beautiful 4.5 risk-reward
Tell me what you guys think!