kr_ta

kr_ta

Silver is a heartbreaker if it doesn’t play my game. On a slightly larger scale, I see a potential head and shoulders pattern forming on the Silver chart, indicating a possible downward direction. However, I also observe a double bottom pattern, where both bottoms have formed inverse head and shoulders patterns. If this “W” shape breaks upward, my target would be...

kr_ta

Platinum has been in a downtrend for the past four years, with the last year characterized by consolidation. Recently, it appears to be moving toward the trendline, potentially setting up to test for a breakout.

kr_ta

Coinbase appears to have formed a classic cup-and-handle pattern. The handle has recently completed, and the price has broken out of it. I’m watching for resistance at the Fibonacci extension levels of 1.272 and 1.618, as well as at the key level where the left side of the cup’s initial decline began.

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Natural Gas is currently forming a symmetrical triangle pattern, and I’m watching for an upward breakout confirmation. However, I’m cautious, as previous rallies in gas prices coincided with major events like COVID-19 and Russia’s invasion of Ukraine. Could we be on the brink of another significant catalyst? The source of the picture in my chart...

kr_ta Updated 

The Livermore accumulation cylinder pattern is a complex trading pattern that has ten peaks. Peaks 8, 9, and 10 are particularly important because they signal the advanced stages of the pattern, where price movements often become more volatile and approach the final phase. Here are some general guidelines on how to identify these peaks: 1. 8th Peak (followed by...

kr_ta

Bitcoin has recently formed a cup and handle pattern on the daily timeframe, breaking above the handle’s resistance and creating a new all-time high. My plan is to wait for a retest of the handle’s resistance level, watching for it to act as support, ideally confirmed by bullish patterns. The first resistance is at the 1.272 Fibonacci level relative to the cup’s...

kr_ta

Currently, Crude Oil is forming a descending triangle on the weekly timeframe, with significant support at the 0.5 Fibonacci retracement level. This level is a critical point; a break below it could signal further bearish momentum. Should this support level fail, I expect the price to target the next Fibonacci levels at 0.618 and potentially down to 0.786,...