Gold trade plan using harmonic cypher pattern. Wait to enter long.
BTCUSD maybe move in triangle pattern before going down or up or just do a breakout. Wait and get ready to enter when breakout.
The bullish trend for BTCUSD maybe at end at H4 chart as bearish divergence already appeared. Look for uptrend line breakout for short setup. Otherwise, look for downtrend line breakout at H1 chart for long.
BTCUSD is taking a rest. TA: Bullish Trend (H4 chart) 1- Above kumo 2- MACD > 0 3- In triangle pattern. Take a rest. Trade Idea: Looking for breakout for long. Looking for short setup if breakout below triangle.
Looking for price to break uptrend channel. H4 MACD showing weak momentum to continue bullish. Target at Support level.
NEOBTC chart shows: 1- Below downtrend line. 2- Below Kumo 3- MACD < 0 Conclusion: Bearish Trade Idea: Short if close below SUPPORT level (H4 chart). SL if return and close above SUPPORT level or according to risk/reward strategy.
Believe BTCUSD still bullish as no reversal candle appear.
Trend : Bullish (H4), MACD > 0, > Kumo, Trend may turn to bearish if price fall < kumo (at H4) or < Support 2. Current Condition: Not yet retraced Trade Plan : Wait for retracement at support levels or at your own favourite fibo. Looking for the minimum SL or good risk/reward.
Trend : Bullish, Above Kumo, MACD >0 Current condition : Correction, flag, above strong support. Suggestion : Enter long near support or after channel breakout. SL if break strong support.
Trend : Down trend started. Retracement : Near favorite level Price Action : Engulfing
USOIL chart almost similar to GBPJPY Cup & Handle that already successful. I want want to wait for breakout before making entry. I normally refer to H4 for entry setup. Hope can make another profit with this pattern on USOIL. Short term target at 51.75 Mid term target at 55.00 H4 chart :-
This is a simple TA done for XAUUSD routes for next few weeks. Draw simple ABC patterns as shown in the H4 chart. At this moment I do not see the setup to make entry, my bad. I'm looking for best setup maybe if XAUUSD makes a little move to up side before going south again, I will standby for short setup at the support line and the target will at 1296 and...
Analysis from my point of view:- 1- Bollinger Band showing trend in flat. 2- Draw line from peak to peak create a resistance level. 3- See a saucer pan which can lead to a Cup & Handle pattern. Conclusion: Get ready when the right time come.
Updated structure for BTCUSD as of today. Prediction as per arrow drawn. Long term, BTCUSD has retraced within 62% from uptrend. Long term still uptrend, go long. Mid term, BTCUSD has retraced within 62% from downtrend. Mind term still downtrend, go short.
Possible chart patterns for GBPJPY: - Reversed Head & Shoulder - Cup with Handle. Pattern not yet completed.
New short entry setup for side-way market. Target : Near fibo level or 128.00 or median line.
Note for myself: We can call it any name we want. ABCD pattern, Harmonic Wave, 123 pattern, Continuation, Tend Following, Channel, Trend line, Andrews Pitchfork, Elliotte Wave or Fibonacci trading technique. I believe what I see. There are consistence profit and target with Fibonacci number. The confluence is very important.