PA have been trading inside the rectangle pattern which I view it as accumulating/consolidation then lead to breakout from the rectangle pattern, followed by respecting the upward trend line. I view it as relief pump or fake pump. The PA failed the retest of the upper rectangle pattern then got back inside the rectangle pattern. It trade below the down ward trend...
On high time frame (daily chart), TELUSDT formed a descending triangle. Inside the descending triangle, there are a few pattern identify at the low time frame Descending parallel channel An invalidated ascending triangle Inside a descending parallel channel, there is a inverse head & shoulder PA dipped into the white rectangle level which I...
Trading plan for ETHUSDT 30m for 05/01/2022 inverse Head &Shoulder followed by Trending up then pullback Breakout from downward trend line PA trading inside a Bullish Pennant Tried 3 times to breakout and Now going 4th time. Action 61.80% area defended well, place an order long once 38.20% & breakout successful claim. Disclaimer This is not...
Plotting Fibs Retracement Exercise 2 Confluences area of Fib Retracement 50% & 61.80% 61.80% & 78.60% PA trading inside a bullish pennant
Plotting Fibs Retracement Exercise 4 Confluences area of Fib Retracement 23.60% & 38.20% 38.20% & 50% 50% & 61.80% 61.80% Breakout from the descending parallel channel Breakpit from the downward trend line
Plotting Fibs Retracement Exercise 2 Confluences area of Fib Retracement 38.20% & 50% 61.80% & 61.80% Bounced from the upward trend line Breakout from the downward trend line
Plotting Fibs Retracement Exercise 4 Confluences area of Fib Retracement 23.60%, 23.60% & 23.60% 38.20%, 38.20% & 38.20% 61.80% & 61.80% 78.60% & 78.60%
Plotting Fibs Retracement Exercise 3 Confluences area of Fib Retracement 0% & 61.80% 23.60% & 78.60% 38.20% & 100% Completed head & shoulder pattern
Plotting Fibs Retracement Exercise 3 Confluences area of Fib Retracement 50% & 50% 61.80% & 61.80% 78.60% (Support) Breakout from the downward trend line
Plotting Fibs Retracement Exercise 3 Confluences area of Fib Retracement 61.80% 0% & 78.60% 61.80% & 100% Bounced from the upward trend line Breakout from the downward trend line PA trading between 38.20% & 50% level
Plotting Fibs Retracement Exercise 4 Confluences area of Fib Retracement 0% & 0% 23.60% & 78.60% 50% & 61.80% 61.80%, 78.60% & 100% ( View it as a solid support) Bounced from upward trend line.
Plotting Fibs Retracement Exercise 3 Confluences area of Fib Retracement 23.60% & 50% 38.20% & 61.80% 50% & 78.60% Breakout from the downward trend line
Plotting Fibs Retracement Exercise 3 Confluences area of Fib Retracement 0% & 50% 78.60 % 38.20% 61.80% Breakout of 1st downward trend line Breakout of 2nd downward trend line
Plotting Fibs Retracement Exercise 3 Confluences area of Fib Retracement 23.60% & 23.60% 38.20% & 38.20% 50% & 50% PA trading inside a bullish pennant
Plotting Fibs Retracement Exercise Wick down to 78.60% area and since then trading above 78.60% area Head & Shoulder play out followed by a Descending Parallel Channel. Breakout from the descending parallel channel & retest.
Plotting Fibs Retracement Exercise 2 Confluences area of Fib Retracement 38.20% & 50% 61.80% & 78.60% Breakout from the bullish pennant Breakout the 1st downward trend line Breakout the 2nd downward trend line and PA retest
Plotting Fibs Retracement Exercise 2 Confluences area of Fib Retracement 0% & 38.20% PA trading at the 50% area for 7 days 23.60% & 61.80% Breakout of triangle
Plotting Fibs Retracement Exercise 2 Confluences area of Fib Retracement 0% & 50% 23.60% & 61.80% Descending Triangle