NIFTY 3 Mountain pattern, Long OpportunityNifty formed Triple Mountain pattern and also Reverse Head and Shoulder pattern in Day ,4H and 1H Timeframes. If Breaks of Resistance will go Higher.
Three Drives
GOLD (XAUUSD) 30min - Zigzag up ideaI think we are going to test 1762 - 1790 area with a "zigzag" ABC wave (5,3,5), inside a bigger C or E wave.
So the idea would be to long on the B completition beetween 1713 and 1699 (ideally the best would be around 1706). Below 1699 probably this count is not a valid prediction, so SL can be tight and we will have to look to something else in terms of waves.
Soon i will post an higher timeframe idea of the upper cycle in wich this should be a part.
Dentacoin a breakout may trigger the bull runLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
SAILSAIL looks good for longterm Targets-200,300 (Threedrivespattern) breaking of 95 level make the stock enter Into next level or range
HARMONY drives three times, consolidates, rebounds from supportStochastics indicate a potential drive-up from the bottom. There have been three recent runs, a correction and then a fall to support. It's time for a rebound and a move up to resistance, following the general long-term trend. If you see it break through there could be a move to the next price level.
If you think differently, comment below and I'll ignore you - because my ego is too small for any constructive criticism..... Thanks, and I love what you did with your hair today.
Gold still going up by the wayThe price is at the 1.618 extension which gold seems to sometimes respect, and the bulls were able to defend the small bounce of the past month.
This is the 3 drives pattern trade that I just criticized in my USDCAD idea 😂 but I'm buying for other reasons, the major problem I mentionned (other than absolutely wanting to go against trends being stupid) was the risk reward, and here with the double bottom and other technicals the risk is small.
It is really interesting to compare Gold to Bitcoin that is being bought in the same way for similar reasons.
This is the entire point of this business. A big amount of testicular fortitude is required.
The world is more risk averse and scared than ever (look at covid reactions).
Now is when the world needs bold speculators, which is not the same as dumb gamblers and day traders. Ignorance =/= courage.
I think I will split my buying in 2 with a part going into a knockout turbo on IG with the stop and the other part will be a 1-2 month call with no SL as I can't be too sure of where the stop should be, the price could rapidly fall and get bought up (fake selling climax like Silver and Bitcoin a few months ago).
In any case, limited risk as I am the house, not the gambler.
#BTC might do ascending triangle alright, so the first plan has worked out perfectly so far!! 3drive was perfect caught the short but missed long entry by 100$ (will haunt me forever)
cleaned up the chart & looking at it, it's possible that we might form an ascending triangle here I am waiting on red resistance to test & reject
3drive idea is still valid & it is possible that we might reject from 64xxx dump down to 40xxx
I am a trader, the way I make money is longing & shorting so as long as we catch the 10% move on 10x I am happy chappie :)
waiting on next few daily closes to decide but so far we are about to hit resistance & I am not interested in longing here
BTC target and PRZ predictDue to three reason to predict BTC route.
1. BTC had been run a two drive(at Day figure),if the third drive complete ,it maybe produce a strong PRZ at 73000 ; in three drive pattern, I can predict BTC will retracement to 0.236 fibonacci number( 0.786 retracement ) if the three drive complete and the price reach 73000.
2.now the 4H of BTC has form a 0.382 retracement , and if the support be strong , the price maybe will go to 1.382-1.5-1.618 fibonacci numbers(in bull market);then, the 4H 1.5 fibonacci will superposition to the Day of three drive ; due to fibonacci numbers in two different scale, the strong PRZ will come out as posible.
3. Elliot wave theory's third wave is coming, when the third wave end, the trend will reverse to short.
AUDCAD has completed the three driveAUDCAD has completed the three drive
correction and hit 0.9600 demand zone
Today Daily Candle break yesterday's High
And hence we can Buy AUDCAD for a good rally
Aim 0.9830 0.9940
URANIUM ENERGY CORPORATIONHere is the chart that i've tried to predict future.
So take a look on the chart and act with the chart price, not follow the trend if the trend is break.
Be careful with your budget i'm not take any responsibility on your trading if you using my strategies.
Elliot Wave + 3 DriveDeeping for the 4th wave count
we also so a possible 3 drive in view
But also when you have hoped in that bull move, beware of 0.91342 level.
Short-term look at a period of one week or 15 daysIn this chart, two patterns can be seen. The first pattern is the Elliott Wave and the second pattern is the tree drive
three drivers pattern shapethe 72 to 75 thousand is the resistance of fibo zones. after the correction to the floor of the channel , the three drivers pattern will complete
be ready for the big correction
EURGBP BAT Harmonic PatternLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
USDTRY is getting close to the buy zone once againIn our last USDTRY analysis we spotted the reversal at 6.90 zone correctly. After realizing out profits there, we'll try to get them back just under 7.20 level.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
TSLA update Mar, 2021.Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Sunday Funday Anyone? BITCOIN! (BTC)Wow! What a great result from our previous analysis, make sure to check that out below.
I hope everyone is doing well. Here is a simple idea, of how bitcoin may make a sharp recovery as traditional markets reopen today.
It's just an idea, use your own judgement =)
