As the market did not want to follow the previous wave play. Here is the updated wave to play with. Pattern: Possible flat pattern. Breakout flat pattern also a long entry. Bullish continue after breakout H1 flat pattern or bullish halt if breakdown flat pattern. H4 trend : Uptrend H1 trend : Uptrend
This is just a play. It's just a possibility. It may or may not happen. Just like to play with elliott wave. Current trend is still uptrend until it break the uptrend channel or fall below H1 kumo. I'm looking for long entry. Cheers.
H4 : Above kumo. Uptrend. H1: In kumo. Sideway Trade idea : Long with SL.
By using ABC pattern I try to predict the next Point C target. Enter long with SL.
Pattern : H&S. Potential to breakdown Bitcoind currently moves in downtrend channel (H4 chart). 2 options available to trade. Wait for H4 candle to close and see the candle, if hammer, then go for long, if marubozu and close below green channel, the go for short. SL is a must.
Just draw to see whether the speculation going to be real or not. Never trade without SL unless you have unlimited fund.
AUDJPY - Trade Plan Daily Chart: Downtrend - Below Kumo, breakdown correction trendline (blue) and retraced with ABC. 4H Chart: Above Kumo (Uptrend). Uptrend continue if pair close above Point C next week. At Point (c), maybe Wave 4 in action. Pair moving in downtrend channel (green). Trade Idea: 1- Sell with SL above Point C (Any TF) or 2- Wait for short with...
My trade : I will trade long today.
LTCUSD made the strong impulse wave. I believe many traders looking for Litecoin as Bitcoin is expansive. Hopefully Litecoin will move higher and higher. Trend: 4H - Uptrend Daily - Uptrend. Trade idea: Looking for short term breakout (1H chart).
Currently BTCUSD is in sideway. Want to see whether harmonic pattern can be reach at Point D and reverse to bearish again.
GBPAUD broke the triangle. Bullish is strong. Wait for retracement to enter long. Target profit at resistance level or put a trailing stop.
BTCUSD broke the downtrend line at 30M chart. Possible for short term long. SL below previous low.
GBPUSD Chart Weekly : Bearish. Correction in progress Short term : Bullish. Trade plan: Wait for price action to go short. Wait for retracement when downtrend line break. Beware of FAKE breakout. Daily chart :
Trend : Bullish Pattern: Triangle (for long) or Head & Shoulder (for short but not in my favor) Support : Strong Support orange color. Trade Suggest : Long after pattern breakout.
Condition: Trend : Weekly - Bullish, Daily - Sideway Possible Pattern: * harmonic pattern : Batman :) * Flat Pattern * Triple Top Trade Plan : Wait pattern to finish before long for weekly bullish trend.
Current situation: I can see two patterns in H1 chart. Triangle and harmonic pattern. I don't know what is the name for that pattern but I use 78.6% at target for Point D. Short Term Trend: Consolidate Mid Term Trend: Bullish Trade Plan: Go long if break triangle. Possible pattern if not break triangle is TRIPLE TOP. Get ready to long when it reach Point D of...