lucid playing nicely rising wedgesits coming to down line of wedges, can hit $17-$18, lets see
if hit $17-$18 range then we can get entry, that time stop loss should be little down of low line
Technical
SOL falling wedge pattern. Forecast where the price will go?#sol
▪️ Deadline for the deal is 7 days. Solana has formed a Falling Wedge pattern. On the graph, he depicted what the working out will look like!
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MY GBPJPY POV-Look At The Chart ,Everything Detailed
-TP 3 is at 153.300 (we have IMB and UNMITIGATED WEEKLY OB, 1D OB dowb there
goodluck , if you like the idea please like
Ethereum active channel. ETH review !#ETH
▪️ Deadline for the deal is 5 days. Ethereum moves in the channel (marked on the chart). It can work out the "Bearish Flag" pattern. Look carefully at the chart!
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AUDUSD REMAINS UNDER PRESSURE Currently the Australian Dollar is trading below 0.6950 area.
Another leg higher is at doubt as price is in a downtrend on the daily timeframe as shown by the trendline.
Price is forming lower highs and lower lows.
The stochastic oscillator with 5 2 2 as the setting is also indicating downward pressure as it is trading below 50.
If the bears continue mounting pressure we expect a drop in price towards 0.6800 or 0.6700
$BTC to retest conversion line in Blue $21600$BTC to retest conversion line in Blue $21600 before moving up
SPY Levels/SPY's levels and moving averages. I see a run up to the 200ma then a drawdown (should markets continue to worry & headines read recession/inflation/crisis/war)
Bitcoin (inverted chart) where will we go next?Bitcoin went to the correction, on the chart I marked where we will come approximately (club line)
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Inverted head and shoulders chart patternInverted head and shoulders chart pattern on 2 hours time frame.
GBPJPY BREAKOUTPair: GBPJPY
Timeframe: 4H
Analysis: Round number level, Strong resistance, volume profile, Currency strength index, trend line, trend break
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Key Takeaway: Broken trend line, volume level and round number
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Level needed: Need to see price hit 166.120
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Trade: Long
RISK:REWARD : 1:6
SL: -37
TP: +220
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
U$DCAD IDEA :)In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.
Longterm Bitcoin ChartWhile I'm looking for dmi - to reach certain extremes before I feel comfortable claiming reversal is imminent, this old chart implies we could have already tagged the bottom. There's the caveat of the dmi, and if there is another drop, I'd think it would be around ...maybe the 21st, give or take a day. I don't think you're supposed to try to time it cuz you end up looking foolish, I guess. Maybe btc hits 24k first, and if it breaks that...might just be green light to 30k.
USDCAD - 240 MINS TIME FRAMEThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on the chart.
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments respectful.
Thanks for your support....
There will be blood if Bitcoin completes this patternHey there.
As you may have noticed, 20WMA and previous ATH around $20k where so promising but, price action tells another story. Meanwhile, Bitcoin is completing a descending broadening wedge which is expected to make a very sharp breakout. If and only if the breakout happens right here, there will be a good chance for change in trend and if not, a fall to support line of pattern puts even $1k Bitcoin in sight.
I hope $20k holds BTC/USDT but the bearish flag in red dotted line is worrying me.
What do you think? let me know in comments.
Cheers.
ZENUSDTHello dear friends
Strangely, this chart has an ascending guard!!!
If the price range of $15.34 is not completely consumed, we can expect the formation of an upward trend, according to the drawn scenario, up to the price range of $22.11.
If the $15.34 range is missed, the next area we would expect price to react to is $13.81.
*But it is very important to consider, if the $15.34 range holds, the bullish guard is valid, if this range is consumed, our mentality to form an uptrend is weakened*
We would be very happy if you share your thoughts with us.
GBPAUD PENNANT BREAKPair: GBPAUD
Timeframe: 1H 4H
Analysis: Round number level, Support break, Pennant pattern, volume profile, High ATR bearish candles
Key Takeaway: Break of pennant pattern and support
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Level needed: Need to see price hit 1.74940
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Trade: Short
RISK:REWARD : 1:7
