LTC USD diamond pattern in the make?Possible diamond pattern in the make. Let's see hw this plays out...
Short-long
Why pay attention to head and shoulders?Head and Shoulders is one of the most reliable patterns in trading. You could find the stats on this - I've long forgotten them.
Many H&S pattern fail and you have to be prepared to take controlled affordable losses when engaging them. But when they do fall in your favour, they could be big earners.
As always, these patterns do not 'predict' - they create probabilities. For every estimate on probability in one direction there is a residual probability that it won't work for you. That's where the stop-loss comes in.
Strang things can happen with these - based on experience.
1 - the pattern fails completely.
2 - a second right shoulder develops (usually in bullish markets).
3 - price stalls in a range for a long time.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. 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.
CL - the long and the short.I am not sure which way oil will go. Here our both long and short scenario. Take appropriate trade when break of long entry or short entry is broken and confirmed
Please give thumbs up if yo like my idea
ETH/USDTHello again.
The green rhombus target was the red rhombus that was struck and also the red rhombus target was the area of 2000 that was struck!!!!!!
The first target is the current rhombus pattern 4500 and the second target is 5000. If the price rises and the price stabilizes in the range of 2000, we will expect this target.
And if we start modifying the tag, we have $ 1,000.!!!
What is your analysis? Please write in the comments.
Wait for DALDelta with strong potential up move, but we need to wait a little bit for it, this price still are not realistic :)
NYSE:DAL
Market structure (supply & demand) $42,100 - $42,999 (March BTC)Good evening traders,
I'm sorry for not being active over the past week (I started a new full time job and finished my training week) HOWEVER, I will be posting 2-5 times every week going forward but wanted to make a quick technical analysis because it's now March 2021.
What happened in March 2020? One of the biggest crashes in crypto and stock market history.
Do I think history will fully repeat itself? Of course not.
Do I think history will rhyme? Of course I do.
The timing of price action and the current month of the year (2 months left remaining in Q1 2021) is no coincidence and wouldn't be surprised if bitcoin decides to completely nuke in the month of March.
MARKET STRUCTURE:
Previous all time highs:
#1: $20,000 (still not retested)
#2: $42,100 (still not retested)
ALSO, we haven't yet completed a 30% pullback on this current downtrend we've seen.
(a similar correction from the previous ATH would take us to around $38,000, give or take a thousand dollars)
Please get this technical analysis to 30+ likes to unlock more content (please smash that like button or leave a comment to show your support) 👍
Stay tuned for daily/weekly updates around daily close (7pm EST)
LONGAs we can see, this is the perfect and clearest example of a inverted shoulder-head-shoulder pattern. Plus, we have an ascending triangle at the 4H timeframe.
TESLAHi again .
If the price returns and goes above 1000, the probability of growth up to the green prz can be considered higher!!
If we face a decrease in price, if the purple prz is broken, we can expect the price to reach the red prz!!
Purple prz Target Lozenge Pattern.
Red target prz Orange channel height.
what's your idea?! <3
Maybe its a trap pt. 3The bulls are trying to trap each other before the correction because they are greedy, This creates interesting short opportunities.
Adhh... Adhh... Ada Know What To Do With My Cardano!Adhh Adhh Ada Know What To Do With My CardaNOOOOOOOOOO! LOL
"I personally feel that buyers are going to increase their exhaustion buying dumps. Also Minimum Wage Hike hasn't hit fast enough for the little guppies to nibble up all the Whale crumbs.. As things sink down toward the inevitable abyss."
"Noobs please understand some people have had bags bigger and longer than you."
(Placer note Emoticon Shoulder Shrug)
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a little??? LOL
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
"KEEP CALM AND MANAGE THY RISK!"
LONGAs we can see, first ascending triangle broke, as i expected. Now waiting for the second triangle to break.
The takeprofit level should be at fib level .61, which looks great, because it does also intersect with the spiral. Its looking great.
The only risk is that we already are at fib level .38 - .5, which is an important one , if it goes up to .5, it will go for sure up to .61.
" GBP/USD " Ready To 130 Pips Scalping Hi Trader's .. We Have New Signal For | GBP/USD |
BUY GBPUSD : 1.39700
Stop Lose : 1.39350
Targets : 1.40000 -1.40500 - 1.41000
Risk 5 % Only ♥
DJI: Kill zone ahead - scary stuff! It's a kill zone. But note carefully there are losses here.
You can't win in this business unless you're prepared to lose! I would welcome arguments on that one.
The chart shows that the rebellion of price looks powerful but on the squeeze momentum assessment it isn't that powerful. Price movements tend to scare new traders. Well, okay - if you can't take the loss stay out.
In this position I cannot predict that price will fall nor can I predict that price will bust up and through the kill zone.
All I can do is take a loss - an affordable one. There is a natural bias for winning positions. Hence seemingly unlikely positions tend not to be shown.
When price moves north it is natural to think it will continue moving north. But what if the trend picture is showing probability for the south at the same time. Scary stuff!
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. 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.
EURUSD and the possible entries!We will have a retest in our tend line and we will also have a retest in our O&D zone, pay attention to EU to have a good opportunity, follow me because i will update the info and i will post the next operations in this pais and in other ones.
Bitcoin - Recovery or further decline? - I think down. BTC/USDTMore trade reviews on my channel.
Good day, dear friends, traders.
Bitcoin on review. 1 candle = 4H TF.
The trading chart shows a symmetrical triangle. (wedge)
This indicates that the market maker is forming a large accumulation of orders (accumulation / distribution) for a further rise or fall in the price in the desired market direction.
I pointed out each level to you on a chart, but expect to see a price in the region of 36000-38000. Maybe I'm wrong, maybe you are throwing tomatoes - but this is my opinion and how I see the situation on the market.
There are certain margin values. There are levels and statistics, there is a specified range of work.
Everything that is between 44000-47500 levels can be regarded as a flat zone.
By reversal levels and whether the direction of the trend - the indicated levels: 47550-48500 - update of the tops, 44700 - 43700 - update of the lowlands and the price hike to 38000-36000
Everything will change only if the price is returned for the level of 48500, there will be a trade for 2-3 days above this level, then now we can say that the price will be charged for the new ATH.
All my actions, I again pointed out to you on the chart, the white small rectangle is the area from which I will start working.
All my previous trading ideas worked 100% Let's see this time
If you are interested in my trade, I invite everyone to my channel. Link in the description of this profile.
By the way - today we did not manage to break the record profit positions (14 positions), which we have already had 4 times ...
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Gold- short working so far.GC is moving in direction of my trade. I will take at least half profit at where my target zone is. I have tightening my stop to my entry now. So this now be like a free trade. Yellow line channel being followed nicely. The bottom yellow line is weaker support then upper yellow line give resistance. Also pivot at target is weak. These 2 confluent things mean GC may continue lower than my target. Depending on how chart looking at target I might stay in short and make a trailing stop.
Bitcoin over US dollar potential breakoutHello traders, hope you are all doing well
In my opinion I believe there will be a breakout. Needless to say even though if bitcoin does not go short (which I highly doubt within the timeframe) I believe that a breakout will occur from the the yellow large resistance line in the graph as shown. If predicted so, a high upwards trend will likely occur and will go upwards of 50000.00. Also following up from the RSI, maybe not in the timeframe shown but maybe the 1 hour period, it shows a potential upwards trend to take place and then predicted to go down.
Again this is just my opinion and everyone has their own. However I do believe this will be the case and would love to get your opinions and ideas in the comments.
Thanks!
GOLD- I am going short. While Markets run.I have decided to take position in Gold (GC).
Reasons:
- following nicely down channel (Yellow lines)
- Indexes are running hot!!
- top yellow trendline show very good resistant properties. Down channel show okay support, not great. this means well that it could continue below this support.
- 0.50 fib is show resistance and 0.50 is important fib line.
- decent profit to risk ratio.
- my target is pivot as seen on chart. But this is weak pivot because it already respond to even early pivot. So this means I can stay in trade if I want when target is close depending on situation. This also go along with weaker bottom channel support.
I am always transparent with my trading. I show losses and wins no matter what. I always be honest and show you what I do. I do not put all my trades up on TradingView because I would be a lot of work!
so let's see how we do. If you find this idea interesting then please like and follow.
SRNE - Beginning of third wave, maybe..As long as the company continues to provide decent news and progress, I believe this pattern will prove itself.
The market went down hard at yesterday's session and recovered strongly, I believe that SRNE weak hands were washed out in that move and now it will be easier for it to move towards the highs.
If the volume goes down and the price will move sideways/down for more than a week than consider the plan cancelled.
Bank Nifty trading guideAs technical analysis provided on Bank Nifty, Sunday, it broke the support zone shown in the charts, going short would have been provided an awesome running profit. Stay tuned for further updates, and follow, subscribe for more such calls on my youtube channel. Thumbs up thumbs down based on what you feel about the video.
Which direction we will go?Hi, there is an update to the current situation of inverted SP500 graph
We are currently in a kind of wedge which can go in both directions. Imho March will be definitely "deciding month" in which direction the stock market will go. Therefore, it is appropriate to consider risks - to be in the market or not to be in the market and with what % of an amount of capital, eventually consider to protect yourself by some short positions or options.
Scenarios:
1) Currently I would expect to move from the current 3900 points to about 3800 points (cca 3% correction) is the minimum healthy correction we should make.
2) Deeper correction, which would mean wedge to be broken. It may occur in parallel due to some bad news (for example higher inflation - helicopter money, battle usa-china, some covid bullshit etc ..) This would mean a correction at least about 10% to 3600-3500 points there are a long-term trend, support and strong moving average MA200.
3) Everything will be shiny, wedge will be broken in bullish direction (btw: don't forget that people in the USA will get more money during March, which will quite likely go to the market again - according to JP Morgan research)
Final word: pay attention until market will decide. Btw: in any case on RSI is bearish momentum and divergence.
USDJPY The wait is on & update from yesterdays trade!!Hi all,
Yesterday price hit the 0.618 on the fib of the last move. The purple boxes represent areas where price may become stuck as detailed yesterday price rejected that area nicely. Now I am waiting for price to hit the new hourly zones as market on the chart at the 0.318 - 0.5 on the fibs respectively. Anything past the 0.618 level and we wait for price higher to be tested.
I will be waiting for an hourly candle confirmation to show sellers coming back into the market and depending where the level is created that will create a cheap stoploss for us. If this happens today I will post again with an additional short. Yesterdays position is still currently 50 pips in profit.
As dollar continues to decline we may see this pair fall much further than our current price. I will be posting daily and following this market.
Please follow for updates and watch this space!
Comment and lets talk!
