Patternanalysis
Wish 22 vs Amazon 2001If history is any guide...
It can go to $0.69 just for the memes! Wish to the moon! don't try to outsmart Wallstreet just try to think like them.
I have been wrong 100 times with this one! I just don't want to be 100 + 1!
This is what true risk/reward looks like! Everybody is scared to death and the majority sitting at > -70% losses...
Please do your own research and listen to nobody!!!
hard turn up for vixes1! puts have been lining up for a pump in vx1! and this is captured in uvxy hourly as a bullish engulfing in reversal in red territory sss candles. as long as we hold hourly lows vix and we cross above pivot turning sss signal green and printing a qqe long upper horizontals are in play.
CADJPY Wave And Trend Analysis and SignalBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
In the financial markets, in the technical analysis of Elliott wave theory and its different styles, it is like the letters of the alphabet to read the price movement on the chart and it helps us a lot to diagnose and predict the future price.
Fibonacci One of the good friends is a bargain and shows us good and useful support and resistance, especially if the combination of all types of Fibonacci expansion and retracement and the formation of a Fibonacci and PRZ range show us useful and interesting return ranges. Where there is potential for price diversion
Trend lines can be a great help to a trader who finds areas with potential for return or indeed resistance and support on the chart. By drawing the rand lines correctly, you will see that the price responds to these areas with surprise.
In general priceaction what dynamic trend lines are statically useful
ENV Wave AND PATTERN Analyzing Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
The structure of the diametric wave is forming in the B wave, or it is in the X-wave construction stage, or the biametric wave is not yet complete, and the F and g waves remain.
AUDUSD WAVE AND PATTERN ANALYSIS TRENDThis post is just a personal idea and analysis should not be the criterion for buying or selling
It seems to be in the g-wave and based on confirmation from other currency pairs such as eurusd, which has a negative correlation with this currency pair and the euro is bullish, this currency pair will probably fall to the specified range in the long run.
It may form in the same diametric microwave
The range I consider for the target is 0.47780
In the rectangles on the chart, the patterns formed in the past in microwaves are labeled in different time cycles and can be used for teaching and learning.
On the chart, I tried to segment as much as possible the educational tips related to the classic Elliott and Elliott in neowave style in the rectangles I drew and the formation patterns in different time cycles. I hope my efforts will be useful for educational materials.
My prediction is that the price will reach this level in the next 4 to 5 years
MOBQ Wave Analysis AND PATTERN It has a structure similar to abc and the minimum thrust up to the specified range can be observed
Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
SUPERTREND AND EMA x2 Strategy for XAUUSD SWING TRADINGTools(Indicators) used:
Supertrend Indicator from KivancOzbilgic no changes.
EMA used twice. Set Length on first EMA at 20 change color to Blue (any you want but I will explain using the settings used).
Set Length on second EMA at 50 change color to Yellow
CHART 5 MINS and UP but under 1H.
Preferred instrument is FXOPEN:XAUUSD
Strategy:-
We enter a trade upon confirmation of the following conditions.
1. When the supertrend suggests a buy. We confirm entry only when the blue line crosses the yellow from below.
If both the conditions are true we place a buy order taking the previous lowest point as stop loss and profit at 1:1
2. When the Supertrend suggests a sell. We confirm entry only when the blue line crosses the yellow line from above.
If both the conditions are true we place a sell order taking the previous highest point as stop loss and profit at 1:1.
This is the strategy that I am using and I have been able to close 90% trades in profit.
The strategy holds good almost every currency pairs and major cryptos. But I have not tried it on stocks. So reviews and suggestions are welcome to improve the strategy
Please Like and Comment....
Disclaimer: The views expressed are for educational purpose only and do not constitute to trading advice. Please do your own research before acting on the views expressed herein.
GBPAUD sell!!GBPAUD has been trading inside the given Parallel Channel for quite some time now . the price has reached the upper Resistance of the Channel and has already rejected it . Further supported by the confluence factor , that is , The M- Pattern !! At this point i am looking to sell .My final Target being 1.8530!!
BTC on its last run before decline.I know all of my chart predictions are extremely unorthodox, and heres one for BTC .
Previous all time highs for BTC bullrun was seen in the year 2017-2018.
We saw that the price has 3 progressive all time highs between 3 different dates, after which the price starts to decline.
These ATH dates in december 2017 were
7
11
and
16
What makes these ATH dates special in my extremely unorthodox prediction is that, first two ATH have a difference of 4 days between them, and the third being 5 days after that.
The third ATH comes at 1. 25x days of difference between the first two ATH dates.
which is
4 (different between 7th and 11th of december) x 1.25 = 5,
5 days later comes to be at 16th of December, which was the last time BTC ever pulled off the highest ATH price closing for the year 2017.
Using this for the year 2021 BTC bullrun.
We know that we have already had 2 ATH for this year.
These dates are
8
22,
Using what we know from our 2017 bullrun, we get a difference of 14 days between the two ATH we have had so far in 2021.
If we multiply 14(difference between date 8 and date 22) by 1.25, it comes to be 17.5 days.
So roughly at 17-18 days after 22nd of Feburary, which is on the 14-15th of March, we should see BTC at its ATH for this bullrun and then it should start to decline.
However it is possible that we could see another spike even after price decline but price will not close there and a massive selloff will take place.
End of prediction.
I am not a certified trader or an analyst, but I just do this for fun. Do not sell/buy using my prediction.
The Bullish Abandoned BabyLast seen May of 2019. Not much else to talk about. This one is for the books. (As if the Inverted head and shoulders wasn't enough.)
Enjoy this ride, there's too many bears out there for all the wrong reasons.
This is probably my final analysis for awhile on Bitcoin. Happy Stacking Sats.
The Coming Future
XRP tends to do these patterns based on previous ones it has made in the past. The left is the comparison, and the right is a zoomed out look of the two patterns. Now take this with a grain of salt as this is mostly pattern analysis and most people don't agree.
From the Corona March drop to August, is the same pattern, just extended a little bit. The ghost bars and the markings on the 1D show that this crazy spike is just a fake out for the moment, until the XRP fractal takes play in Jan/Dec months where it'll moon. The 2017/2018 moon where XRP jumped from .23c area to $3.84 also had a drop then moon; we still need to go through the drop phrase.
Even without the pattern analysis XRP has touched the .32c resistance and RSI and Stoch RSI both show overbought on the 1D. It might play around for a bit in the .32c area but a correction is coming soon. Keep in mind that the current United States is considering another lock down, some states have initiated it already. The UK is already in second lock down. The jobless claims are still increasing, and DOW and S&P look to be heading in a down trend. I believe a drop is coming, around 40% in total. As always, time will tell.
Credit to Mr. Level up for showing this pattern. His calls have been 80% correct which is far better than most traders, as their calls are usually 50% correct.
Not financial advise. DYOR. Trade responsibly, XD.
Apple stock caught in bear continuation pattern.Apple weekly chart is showing a bear continuation which means that the stock is headed downward in the short term.
The stock broke its support of $116 here and will likely continue and trade under $115 today.
If Apple can bounce back from sub 115, then we could see a move into the 117-118 level with resistance being at 118 for a confirmation on the next possible breakout.
Perfect opportunity for the long term stock investor to get into the stock and continue to average down should the stock come back.
In the options world, I am not seeing any significant news to push the stock up unless APPLE surprises investors with ER next week.
DXY (USD Index) 4hour Analysis September 20th, 2020 DXY Short Idea
Trend: Bearish
Trade scenario 1: Price action continues to fall and breaks through support around 92.60. Look for a confirmed lower high below 92.60 with strong bearish setups. Target lower toward major support and key fib levels.
Trade scenario 2: Price action turns bullish and begins forming higher highs. Look for a break and retest of 93.30 with confirmations. Target toward the 38.2% fib level
AUDJPY 4hour Analysis September 6th, 2020AUDJPY Long idea
This pair is now bullish on all significant timeframes and we recently saw a daily trend change when 76.500 was confirmed broken.
Current price action is now in a retracement and is near the 61.8% fib level. We will look for bullish transitions and bullish setups anywhere between the 61.8% fib level and key support at 76.500. Look to target higher toward key resistance and negative fib levels.
For us to consider short opportunities we need to see a confirmed break and retest of 76.500.
DXY (USD Index) 4hour Analysis September 6th, 2020 DXY Short Idea
Overall we are still very bearish on dxy until we see a significant break of a lower high on this timeframe.
At the current level price action is at we can see two potential bearish scenarios:
1.Price action confirms the lower high below 93.30 and begins another bearish leg. Look for strong bearish setups below the 92.60 zone. Target lower toward key fib levels.
2.Price action pullback to the 38.2% and confirms structure. Look for a lower timeframe transition to confirm the reversal. Target lower toward key fib levels.
For us to consider bullish scenarios we need to see a break of 95.00 with a confirmed higher low above the zone.