TRIAS Inverse Cup and HandleTRIAS had a good run and inevitably pending a much needed correction before reaching ATH.
Charting
The cup is completed and might form a handle before a correction back down to the next strong support. Using the depth of the cup, we can see that the price might drop to between 14.79 to 14.97.
Inversecupandhandle
Inverse Cup and Handle formation In Gold !Well I'm in the Gold market
publishing my first Idea!(In gold only because in recent time I publish on crypto only )
However you can see right now There is a cup and handle formation on the 4 hour Timeframe
If you look closely there is a another inverse cup and handle just there hitting exactly where now I have placed the Take profit
As necessary I also place a stop loss for you about 3:1 Risk to reward ratio !
Hope you relate the Idea best wishes for your trades!
BTCUSD Short IdeaMy previous BTC long hit TP1, and as I said I moved SL into Break Even once that happened, so made small profits on that.
Now, I'm shorting. We have printed an inverse Cup & Handle pattern, and the technical target for that is my TP2. TP1 (the purple line) is at a support zone. Evidently, fundamental factors going on in China are seeming to impact the overall economy negatively which is also reflecting in the crypto space. I'm expecting a falling crypto market for the near future. Will enter and post more shorts if I encounter any.
COMPUSDT is testing the 0.618 Fibonacci Level 🦐COMPUSDT is testing the 0.618 Fibonacci Level after an Inverse head and shoulder.
IF the price will have the 4h breakout, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
4 signs pointing to BTC pushing higherHi all
This is the first time I am publishing an idea on TV - hopefully it's useful to you guys and your feedback would be educational for me!
I've annotated my thoughts on the charts themselves, let me know what you think?
FTMUSDT is testing the daily resistance 🦐FTMUSDT is testing the daily resistance after a nice inverse head and shoulder in the range. IF the price will have a breakout from the daily resistance and flip into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
dxy still flirting with the double top necklinewe can also see an inv c&h pattern has formed as well increasing the probability of an eventual breakdown...should we confirm the breakdown dxy could reach 73 some time within the next year and a half or so.
GME Inverse Cup and HandleGME flashing an inverse cup and handle. Market split on whether price is going to shoot the moon after this last consolidation plays out. We see two cup and handles on this chart. The original one after the initial run up, with the most recent one showing an inverse cup and handle, typically a bearish signal. Look for price to break support around the 28th. $75-40 price target.
Possible short scenarios on EurUSD As you can see, three bearish pattern have been emerged on 1 hour framework which is emphasis on continuation of downward price movement.
Possible short position on EURCHF Price is moving gradually down in a descending trend and based on the following two emerged patterns, more bearish movements are possible:
1) Symmetrical Triangle
2) Inverse Cup and Handle
Suggested future price movement framework could be among 1.098 to 1.092
HARDBTC is creating a huge inverse head and shoulder 🦐HARDBTC is creating a huge inverse head and shoulder on the daily timeframe. IF the price will have a breakout from the neckline, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SXPBTC is creating a massive Inverse head and shoulder 🦐The price is creating an inverse head and shoulder on a daily timeframe, and now the price is testing its neckline. IF the price will have a breakout and flip the current neckline into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Bearish Pattern on NZD/CADAs I've shown on the chart, two bearish pattern are happened: 1) Head and Shoulders 2) Inverse Cup and Handle
H4, Daily and Weekly charts all are suggesting bearish movement.
ETHUSDT is creating an inverse head and shoulder 🦐ETHUSDT is creating an inverse head and shoulder on 4h Timeframe. If the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Facebook - Earnings Inverse Cup and HandleInverse Cup and Handle forming on the $FB daily chart going into earnings next Wednesday.
ETF buying with the $NFLX AH 10% jump, hopefully will fill the gab back to $260 and we can add to longs before it continues.
PoC of $275.86, this will most likely be my target rolling out my weeklies this week into earnings next week.
BTC/USD on a verge of decrease and increase!!Hi every one
Bitcoin / U.S. Dollar
the BTC/USD chart has formed a cup and handle pattern which is we can understand that the price is trying to decrease so we must be careful but there is also a matter of the support line which is in the picture if it doesn't break we can not be sure that the price would obey the pattern so in the next few days we shall figure out what is going to happen will BTC fall or will it range and than rise once more?
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
EUR/USD's cup and handle pattern (but can it happen?)Hi every one
Euro / U.S. Dollar
EUR/USD is forming a cup and handle pattern which suggests that the price will decrease, however the support of the cup might not break so only if the handle's support is broken the price will decrease accordingly.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
another look at the potential inv C&H this is just an update of the previous idea with the rimline of the cup being slanted this time instead of horizontal. Not sure which one would be more valid in this occasion so I'm posting both as both are worth paying attention to. I could see us retesting the 1 day 50ma and if it maintains resistance or we get rejected from it we could see a big rejection that would trigger this inv c&h pattern, Wouldn't surprise me if some type of "October Surprise" or threats of a second wave of CV-19 would coincide with a quick flash crash to these levels and then a big rebound back up. All speculation for now of course and not financial advice.
A very real possibility.We seemed to be quietly forming a potential inverse cup and handle on the 1 day chart here. If this pattern were to validate it has a breakdown target around 7.3k very very close to the macro fibonacci golden pocket. I've also said that in bull markets bitcoin historically has shown it tends to retrace no more than 32-41% during bull market corrections and a fall to this zone would bring us exactly to a 41% correction from our recent high. A plethora of confluence only improves the probabilities of this potential Inverse C&H's validation. Of course the way it comes into the left side of the cup is slightly suspect though so I'm not 100% sold on this pattern yet but will be keeping a close eye on it.
Rsi convergence VS inverse cup and handle and flagOk guys as you can see and know that I talked about a correction a lot ! you can guess what I want to say!.
Every wave has a lot of waves inside!
Lets check it.
We have rsi convergence(bullish sign) which is really strong ! and we know that we were in descending for a while and it will do a pullback(Thats not hard to know) so with this one we will hit 9500 area once again.
As you can see we are in a bear flag now, which is inside another bear flag! and also btc is forming an inverse cup and handle ...
So I recommend that to long sides ... Dont enter your trade for 10k now ...
And shorts ... guys dont fomo, it went to distribution again and it will mark up for a while ... but mark down is possible and it will happen so take a deep breath, rest for a day, you will see that indicators are showing down trend again soon.
Targets will be:
Below 9300 => 9000, 8800, 8600
Above 9500 => 9700, 9800(Because of ma's cross and ichimoko cloud) 9500 is our resistance now.
As always ... always follow your thoughts ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
GBPJPY, Potential downI see inverse cup and handle pattern and litte timeframe there also have pattern broadening wedge
XRP Possible Inverse Cup and Handle? What do you think? Hey Crypto fam,
I was just trying to look at XRPUSD on a 1HR chart, and came across an interesting possible inverse cup and handle that maybe forming.
First, I was like nah its not possible, but then I was like why not just put it out and get some thoughts on it from people who are looking at XRP. With BTC looking a little bearish currently, I feel there is a slight possibility that this can happen.
THIS IS NOT A CONFIRMED CALL, just a viewpoint. It can also break that trend line and make this post invalid, but hey whats the harm in putting it out there right? Worst thing, it won't happen.
It'll be good to know what y'all think and we can have a discussion going :)
Stay home safe and trade safely fellas.
