CHFJPY possible long tradeFollowing along with a nice W pattern that may be a possible long position.
Wpattern
$KNC/USDT 1h (Binance Fut.) Channel breakout & Bullflag forming#KyberNetwork is looking ready for bullish continuation here since 100EMA & 200MA are acting as support!
Current Price= 0.91284
Buy Entry= 0.91150 - 0.90150
Take Profit= 0.93530 | 0.96045 | 0.99758
Stop Loss= 0.87770
Risk/Reward= 1:1 | 1:1.87 | 1:3.16
Expected Profit= +9.54% | +17.85% | +30.15%
Possible Loss= -9.54%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 120h
AMD forming "W"AMD holds its recent strong support 73-74 areas, bounce back from there and moving uptrend. MACD also pointing bullish. Once it clear 88 its should go to 94 about 13% up from current price. Stoploss could be 79.25
GBPUSD DAY/MONTHLY When reviewing the pair on the monthly the stronger trend is a sell. The buyer have been pushing price up. When looking at the monthly you will see a W pattern created. If the buyers are able to break the monthly down trend and create a Lightening bolt pattern it will be a nice trade to hold onto long term.
USDCAD LongsAs you can see price made a W pattern with retest where gives as a good entry to go in longs with a nice RR. Also price made a reverse H&Sh where gives us a second confirmation for price to go higher to retest the broke zone at 1.3250.
What I am expecting?
I think price can come to trendline to make a 3 touch as a confirmation to go much higher. It wouldn't be bad to go in buys from now.
GBPAUD Double Bottom W PatternGA is at a respected support and preparing to rise up the second leg of the W pattern, or it could break support at 1.75 and fall bearish.
BOROSIL LTD double bottom formationBOROSIL LTD has formed double bottom on daily charts, which is recently listed, listed at 217 and made bottom around 140 levels, if it closes above 170 in the next session 24-08-2020.it may touch 220 levels again in coming sessions.
Equal and opposite reaction on AugurAugur has fallen out of a channel during a correction. But we might see here an equal an a opposite reaction drawing a W and getting back to the channel. The MFi also indicates that we might have found a local vottom. Sell & buy zones are on the chart. Use your risk management to enter!
GBPUSD 15M US SESSION W PATTERN BULLISH SCALP LONG TRADE1 - Find a Modified Double bottom forming W Pattern.
2 - At Neck of W draw resistance line.
3 - Enter the Trade at breakout of the neckline.
4 - Use measurement tool for a 1 to 2 risk reward projection to find SL & TP
AUDUSD SHORTFX:AUDUSD
In a short position audusd...looking for a downside target of 0.6620
long term looking for a target of 0.61800 completeing the W formation on weekly chart
Cosmos Atom BTC is Ready NowBINANCE:ATOMBTC has clearly broken out of down trend and W Bottom pattern.
Conquered main hurdle of EMA200 now testing EMAA300 (grey line).
Volume is looking impressive with Ichi Tk Cross and kumo twist is taking action.
Rsi is Bullish Macd is bullish while BINANCE:ATOMUSDT is already bullish .
NZD - W and M patternForming a W pattern
has previously formed an M pattern if you have heard of this one before
W pattern is simply the inverse
looks good for long to reclaim trend line
BANKNIFTY on 26.06.2020 in Coming One or Two days may be....Coming One or Two days may be reach 22235 Level.
W for winSetting up nice consolidation under 200 look 4 break on volume then move above previous high for a monster a move
AUDUSD IdeaDo your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Is ATOM forming a W pattern?Just thought it was an interesting formation for ATOM on both 1d and weekly time frame . But the formation will be cancelled for sure in case we see a huge dump in BTC again.
What you guys think?
