XTZ/USD Timescale: 1hr Entry: $4.5190 Stop Loss: $4.0127 Take Profit: $5.8637 Potential Loss: -11.20% Potential Profit: +29.76% Risk/Reward Ratio - 2.66:1 Reasons to Trade: - Potential Bullish Cypher Pattern - Class A Bullish Divergence on MACD
Swing Trade Setup - ADA/USD Timeframe: 1D Direction: Long Leverage: None Entry: $1.26078821 Stop Loss: $0.98112403 Potential Loss: -22.18% Target 1: $2.77069597 Potential Profit: +119.76% Risk/Reward Ratio - 5.4:1 Target 2: $3.06783038 Potential Profit: +143.33% Risk/Reward Ratio - 6.46:1 Reasons to Take the Trade: - Bullish Bat Harmonic Pattern - PCZ...
Swing Trade Setup - Long ERG/USDT 4 Hr Entry: $9.240 Stop Loss: $7.745 Potential Loss: -16.18% Target 1: $18.347 Potential Profit: +98.56% Risk/Reward Ratio - 6.09:1 Target 2: $18.980 Potential Profit: +105.41% Risk/Reward Ratio - 6.52:1 Reasons to Take the Trade: - Bullish Bat Harmonic Pattern - Bitcoin has invalidated the Wyckoff Redistribution pattern and...
Swing Trade Setup: C98/USDT Long 4 Hr Entry: $2.888 Stop Loss: $2.703 Potential Loss: - 6.41% Target 1: $3.769 Potential Profit: + 30.51% Risk/Reward Ratio - 4.76:1 Target 2: $4.140 Potential Profit: + 43.35% Risk/Reward Ratio - 6.77:1 Reasons to Take the Trade: - It's a Bullish Bat - Class A Bullish Divergence on the MACD, and also on the 1 Hour Reasons Not...
BTC/USD Swing Trade Setup - Long No Leverage Scenario 1: Price action continues downward from where it is, or makes a higher high within the light blue price range placed at Point C on the light blue harmonic, and reacts off the projected Point D or anywhere within the light blue price range placed beside it: Entry: ~ 51026.56 Stop Loss: 49660.23 Potential Loss:...
A simple descending wedge play. With bullish divergence, the measured move of the wedge would place it just above the 618 retracement.
I think I found a harmonic pattern known as a bullish shark on GNOG. This is how I'd trade it. I'm waaay too tired to get verbose on this one, sorry.
$PVDG is freakin' stupid. It's just stupid. The only thing stupider than $PVDG is the daily bullish divergence within the handle of a giant cup and handle pattern at the PCZ (pattern completion zone) of a Bullish Gartley. Now ... I'm a bit iffy on this gartley pattern, as I drew it using candle closes, but ... and as you'll see in the comments as I add to this, a...
I'm not sure if everything perfectly lines up with the wicks here (ok so they don't), but I'm kind of thinking it's close enough to give this bullish gartley a shot. Hidden bullish divergence.
I don't normally mess with penny stocks, though a whole lot of them have been doing quite well during this bull cycle. Someone in a Discord server I'm in asked about our thoughts on $KBNT, and I apologized with some technical analysis. In fact, I probably over analyzed it. While there's a bunch of potential scuffed harmonic patterns that could (or likely would...
Here's a little trade set up on another, mostly, penny stock. NASDAQ:SPWR is bouncing off the bottom of a long-running bullish channel. Within this channel, 2 symmetric triangle patterns are in development. Our price is closing in on the apex of the first symmetric triangle in a matter of days, and at the same time, we have developed Class A Hidden Bullish...
This is more of a repost of a previous idea that I happened to have messed up last time, but with more conservative take profit levels than the ballpark slammers I was hoping for before hand. Class B Triple Bullish Divergence on both the MACD and the RSI.
I've been watching this one a while. Broken out of the bear trend and backtested today. Triple bullish divergence on MACD and RSI on the weekly.
Virgin Galactic has broken out of a very large symmetric triangle on the daily and back tested it, which I almost missed. Based on the measured move of the break out, we could expect it to reach the 88.6 retrace, but just in case, we'll have profit taking levels at other fib lines. This one could take a while to play out.
This is not a trade set up for right now, but if OLN starts to fail, we could see it fall out of its current symmetric triangle for a false breakout downward which would complete a bullish bat harmonic pattern for another bounce up.
TGT is testing its highs with an inverse head and shoulders and ascending triangle. WIth a break out confirmed on a close, the top of the ascending channel it is in, the measured move of the ascending triangle, and fib extensions all together give profit taking areas as well as reasonable stops. TGT does not report earnings until August 11th. Unfortunately, this...
I have identified a harmonic pattern known as a bearish gartley on the weekly chart for XRPUSD. While I think there could also be hidden bearish divergence on the oscillators, I am told that the divergence is not confirmed until it starts waning, which it has not. Regardless, the pattern is only invalidated if the price of Ripple exceeds point X, which is...
MO has been in a downtrend for a while now. Currently, there is an ascending triangle pattern occurring, with Class B bearish divergence on both oscillators. If the trend is your friend, and the technical analysis on the oscillators are respected, then there's an indication of a potential shorting opportunity. The measured move of this pattern for a short almost...