USDBRL: Channel with 7 descending consecutive maximumsMajor Pattern: Symmetrical Triangle
Weekly Anticipatory Pattern: Channel with 7 descending consecutive maximums
Channels
1D BTCUSDT. Hi everyone!
Daily " BTCUSDT Upward channel.
BTC is currently Trading at $42.2k looking to bounce of up from down trend support level. (White line )
If achieving good volume we could see it re-test previous failed resistance at $45.9 K (strong resistance level)
If failing to hold above this level and( a) daily candle closes below $40.8K (White broken line)Would mean that the Price Channel is broken t BTC cloud drop to $35k or even lower.
ALWAYS look for extra confirmation before making any trade.
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research DYOR. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Price Channel If the pair moving within the price channel breaks the channel, the next target will be the channel width. Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations. Burada yer alan yatırım bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, bireylerin risk ve getiri tercihleri dikkate alınarak bireysel olarak sunulmaktadır. Burada yer alan içerik, yorum ve tavsiyeler hiçbir şekilde yol gösterici olmayıp genel niteliktedir. Bu öneriler finansal durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanarak bir yatırım kararı vermek, beklentilerinizi karşılayan sonuçlar vermeyebilir.
Price Channel with modification applicable to indicesPrice Channel with modification applicable to indices
Strategy to tune in for risk reward and win rate
DXY (D) Horizontal Price ChannelInvestment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations. Burada yer alan yatırım bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, bireylerin risk ve getiri tercihleri dikkate alınarak bireysel olarak sunulmaktadır. Burada yer alan içerik, yorum ve tavsiyeler hiçbir şekilde yol gösterici olmayıp genel niteliktedir. Bu öneriler finansal durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanarak bir yatırım kararı vermek, beklentilerinizi karşılayan sonuçlar vermeyebilir.
probability of the market movement(energy)one of the thing's that you should be consider, is PROBABILITY.
It's not definition.
cheers 🥂
break out of channels!when you can actually realize that channel we can find out that channel is broke but we know that if a channel breakout there can be another channel forming in the same direction until a big breakout brake the old channel.
MATIC REACHED TOP OF CHANNELMATIC has reached the top of it's upward channel.
RSI Oversold on the 4H. Volatility is high, a break above the top of the channel wouldn't be surprising but a sharp move down is likely to follow.
When that downmove comes I expect to see a pullback down to 0.618 Fib level to start, and potentially to the bottom of the channel.
Like and follow for more ideas.
(This is not financial advice, do your own research)
channels? is channel in price action are reliable as my opinion channels are one the most reliable tools that we can use in trading and also investing.
the most important think in channel trading is power of the lines some time's we consider that a breakout is happening but if we focus on the higher time frame chart we found that it was a fake breakout that happened ant trapped non experienced traders in the trap
ps. blue line is my position fielded
ITMG: Price Channel IndicatorThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
KRAS: Price Channel IndicatorThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
MDKA: Price Channel IndicatorThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
TKIM: Price Channel IndicatorThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
UNVR: Price Channel IndicatorThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
INCO: Price Channel IndicatorThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
Price Channel Indicator?This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
MTEL: PRICE CHANNELThis is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
How To Use The Trading View Parallel ChannelsHey wits, it's currently 1am and I thought why not drop some tutorials cos' it's Saturday. Most aren't familiar with the trading view tools. So, we're here to help.
Watch the clip to get started with the trading view parallel channels.
Leave a comment and smash the like button if you found this helpful.
$US500 S&P500 is about to backtest the "old" channelThe S&P500 broke back into its price channel that startet on 30th october 2020
and is about to backtest that old demand line, if it is support again.
If market bounces off of it, we might be up for a wild rallye to the upper end of the channel.
If we fall below it, watch the 4.550 level for support.
How I Draw Channels. . .The Correct WayIn this video, I explained in detail. . .how I draw my channels. Most people---wait for three touches, before drawing their channels; most use trendlines. But, here's how I work mine.
Watch till the end!
$PRPL Breakout$PRPL appears to be breaking out of recent channel on the daily chart. Anchored VWAP from swing high on Jan-25-2021 is $31.31, 50-day MA is $30.42.
Short term price target is reclaiming 50-day MA and then anchored VWAP.
What is a Price Channel?A PRICE CHANNEL APPEARS ON A CHART WHEN A ASSET'S PRICE BECOMES BOUNDED BETWEEN TWO PARALLEL LINES.
Bitcoin appears to be in price channel since 18May!
Some traders love Parallel channels as they they can keep buying and selling between to get profits.
While other traders like to trade Breakout on Parallel Channels.
How do you trade price channels?
