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Measuredmove

Bitcoin likely to start Bear Leg upto $10,000Contect for the Resistance at $12000 levels is very good. Wedge, Measured Moves Based on Height of Trading Range, Bull Breakout. When did you see 2 Bear Bars Closing below mid point and this much big bear body in last 30 Days ? Bulls have taken profit at the Resistance. I can say that Bull Trend is Over, We can see Trading Range or Bear Trend. With good follow through for Bears, It is very likely to see Bear Trend.
BITMEX:BTCUSD.PShort
by Good_Trading_Calls
4
ERD:BTC - Patiently waiting for an opportunity to buy in.Head and shoulders registered. Measured move down to 78.6% Fib (about where thick orange daily 200 SMA line is at -- Note that this chart is the 3hrly , showing excellent confluence between my Cyber Ensemble Buy/Sell signaling algo at this timeframe for this chart). Not necessary if it will be fulfilled, but will start cost-averaging if it hits about 61.8% Fib level. Won't buy in at this level -- there are other good opportunities that I am already holding, having bought in at good positions of strength. The most recent one that I had decided to share was Kusama: after having previously accumulated Polkadot (DOT) prior to its mainnet launch @ Huobi. Note: The head and shoulders measured move not necessary to be fulfilled, but merely to serve as a rough idea of how far it could go. Ichimoku Cloud still bearish, however some bullish W-ing accumulation pattern have been going on prior to the more recent short term pump to retest the 3hrly 200 SMA, at the last trigger of the buy signal by Cyber Ensemble. If it gets rejected there, plus if it falls below the red 21 EMA and the green 50 SMA, then the likely hood of this buying opportunity playing out increases. ---- Daily Chart: Note: There is not enough candle resolution for Cyber Ensemble to capture certain more volatile/sudden moves on the daily chart. However, a bullish signal has been triggered, lessening the chance that this buying opportunity may play out (which is ok).
E
by cybernetwork
1
IMM 50% BREAK!!Immutep Ltd is a biotechnology company working primarily in the field of cancer immunotherapy using the LAG3 immune control mechanism. The company was originally built on CVac, a therapeutic cancer vaccine. Break out of ascending Triangle confirms, Targeting Supply @ 0.30 - Ascending Triangle Confirms - 4th touch on Fib .236 breaks - Measured move lines up with Supply - RR 3.33:1 - Supply sitting in the Golden Pocket - MACD still spread BUT starting to turn - Ichimoku BULLISH and clear to run Aware of the GAP at 0.15 - 0.165 but with more positive news it will stay unfilled for the foreseeable future. Also Bearish Divergence on the 4HR but again I do not think it is strong enough currently. These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
ASX:IMMLong
by Trader_Johnni
2
GBPUSD Update: Cable is under selling pressure UK gilts flash a negative sign for the Bank of England - FT - Should the BoE walk down the negative interest rate policy, Gilt investors have a reference point in the government bond markets for Switzerland, Germany and Japan. A rise in bond prices boost capital gains for holders of debt as yields fall, even below zero. Rather than provide a fixed income, a negative yielding government bond behaves more like equity that pays no dividend and provides scope for either a capital gain or loss. Not good news for UK seekers of income, particularly when plenty of FTSE companies are slashing their dividends. "Ultimately, this situation suits the UK government as it borrows heavily to fund spending in response to the health and economic shock. If markets are willing to purchase negative yielding bonds and keep gilt yields low, the BoE will be under less pressure to add further measures, leaving the job of propping up the economy to better-placed fiscal spending" Source : FT We keep selling the cable. Levels as described.
Short
by chartreader_pro
1
EURNZD - Long above the the resistance zone Hello Traders!! Wait for a break of Resistance (Ceiling) Wait for a RETEST (Price Closes Above the previous level of Resistance) Once Price Confirms Resistance as New Support(Floor). Enter the Trade. If Price fail to reach above resistance zone, we have a continuation of a downtrend and only sell order will be place. Good luck to you all. If you liked this idea, please like, follow and comment. This idea does not provide any financial advice.
Long
by RobBezerra
1
NASDAQ Caught The Coronavirus + Rising Wedge BreakdownI think it's obvious that we had a fake out/ liquidation grab coming out of the rising wedge. Ultimately, this pattern broke down within reason and as expected. I think a good measured move should put us about -$25 out of the wedge, that being around $79-$80. I have highlighted some levels in blue that I think you should watch for, especially if you like to scalp, $98, $90, and $82. Please give me a Like/ Follow if you enjoy the charts. Check out my other work and drop a line if you agree or disagree! This is not financial advice.
NASDAQ:NDAQShort
by ChartProphet
PG - Ascending triangle breakoutSummary We have tested $126 over twelve times since December 16th. Yesterday's move closed above this resistance; and we are confirming today going to all-time-highs. Technicals RSI(14) @62.5 showing relative strength but not overbought OBV is trending higher confirming the move To set a short-term target. You can measure from the bottom of the triangle and add that on-top of the triangle breakout. In this case; the measured move is at $136 approximately. RRR is 3:1
NYSE:PGLong
by dorfmanmaster
2
VERY SIMPLE ANALYSIS ON IOTA HEADING TO THE $0.30 LEVEL!Some of us like me have been trading this coin from the $0.157 levels and based on measured move in technical analysis, IOTA is likely to hit a major target and resistance of approximately $0.300 before retracing to test and potentially find support on $0.2201 comfortably. NOTE - This is a weekly timeframe so it may take a couple of weeks or less to play out. Please like this post if you find it helpful. Your comments, inputs and thoughts are also welcome :)
BITFINEX:IOTUSDLong
by georgime
GBPUSD 1H BULLISH FLAG BREAKOUT LONG TRADEBullish Flags are a chart pattern under the Range Patterns. Bullish Flag Ranges are repeatable trading chart patterns. Bullish Flag Range chart patterns will have a long directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart ). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility ) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. (To find 75% of Volume look at the volume settings on the chart – divide smaller # into larger # = 75%+) 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit. This trade setup was found by Scott Barkley on TSG "Trade of the Week"
Long
by Tradingstrategyguides