Classic Butterfly SELL Pattern in GOLD. I would wait for an entry confirmation inside the highlighted zone before entering the trade. Price is at a significant level of structure. So most probably market will make a retracement to the downside before breaking structure to the upside. Therefore it is highly possible that market might at least reach one of these...
Trend maintains down, even after the huge 30%+ rally up in the past days. Higher high was not made. Fibonacci, MA, Resistance, Supply/Demand levels, Psychological price levels ALL HAVE BEEN TESTED at 300$. A good place to start building your short positions again. All this follows the strong bitcoin breakdown we experienced a while back. See related ideas.
Weekly bearish flag pattern with market momentum pushing towards the top of the trend before a wave of sell orders. On the 4hr we see a break out and bullish wedge pattern formation towards the upside.
GOOGL has been following an uptrend line all of 2019. Today it closed pretty much right on the line... There are two potential outcomes at this point. Either GOOGL bounces here or it breaks through the uptrend line. Either way, this is a great place to start a trade and use the uptrend line as your guide.
Hi, I made a look back since 10 years ago on gold on a weekly time frame. I found an amazing pattern yet simple pattern (AB=CD) and using fibo level to determine entry level. Trend 1 (Bullish) : October 2008 to August 2011 Trend 2 (Bearish): September 2011 to December 2015 Trend 3 (Bullish) : January 2016 to present With help of the fibonacci extension level,...
Heya All, After watching endlessly 5 minutes, 1 hour, 4 hour and daily charts that barely move, it is hard to not give in to a slight sense of fear and uncertainty and question all the motives that brought you to this asset. The fear intensifies as we watch all the experts, YouTubers and analysts that do not really think twice before speculating with doom and...
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
simple set up, example of how we would enter this market at 1:2 R:R
This is a plain and simple pattern. No need to complicate this. If BTC breaks the upside with quotes over ~8300 USD the bullish trend will continue (more likely). At least until ~9000-9400 USD If the unlikely scenario happens that BTC breaks to the downside (like ~7200 USD and lower) we'll see further falling prices.
A nice structure based wedge has formed along with a nice pullback. very nice risk:reward on this trade, entered slightly late but still very high reward. leave any thoughts or ideas in the comments and happy trading:)
Hi guys, another 1 hour double top has occurred with a pullback, entry reasons met. my last two have been losses so theoretically there is a higher chance this will be a winner. third time is a charm, lets see how it plays out
A one hour double top has formed that fits into my structure rules and pattern rules. my entry reasons occurred during the night but price is currently at a better entry so this trade is active. A nice risk to reward on this trade with more than 60% chance of being a winning trade. feel free to comment your opinions or questions and happy trading:)
i have found a nice head and shoulders pattern based upon rules i have created in order to read structure. currently sat back watching and waiting for a specific candle stick pattern within its current pullback motion. exits i will take are on the chart however my stop loss may change slightly depending where my entry reasons are met. once something has changed i...
Sell Eurusd now from 1.1270 Stoploss 1.1292 Takeprofit 1.1180 Risk Reward Ratio 1:4.5 almost Follow me to get more perfect trades.
I think Gold is going to go up a bit to 1315 before going down, 1315 is a quite strong resistance anyway Can try to enter that area for pullback Adjust your risk and lot size Trade wisely and safe Good day
Expecting this to go down further Waiting and see if it can break the support If it break, should be waiting it to retrace before entry Hopefully my analysis is right
Exhaustion pattern has occurred based on three touches, broke below and now retesting. as I've seen a 3 bar reversal pattern at the retest I have found reason to be short on this pair. any questions don't be afraid to ask :)
Head and shoulders pattern in play. Price broke the neckline and pulled back into an area which I consider a resistance zone. in doing so I believe it has created a 3 bar reversal signal on the one hour time frame which gives me reason to believe this pair could be bound to drop in the coming days.