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Patterntrading

ETHEREUM - 2000 or 700?COINBASE:ETHUSD seems to be in the final stages of this correction. It mightve already topped out if we look at the Monthly AI or there could be one more high up towards 2000 to complete multiple patterns and the 382 from the April 3 High. Weekly AI has a High/Low late on the 9th of August. Keep an eye out for this to play out. If we are at a high then we will look for short opportunities and if its a low we will look for longs. A different look at the market. I hope this helps. Enjoy the week. 👍👍
COINBASE:ETHUSD
by L_F
1
ETHUSDTHello my dear friends I'm not very familiar with harmonic patterns, but according to price action, the price should enter a very quick correction. It must be released from this state of compression. If we want to look at the chart from a different point of view, it seems that if the price range of $1,655.52 is completely consumed and the first target of the pattern is hit, by observing the loss limit, we can reach the specified range (1,726.24 $) enter into the transaction. We would be happy to hear your comments
Short
by FiboTech
BITCOIN - Possible Top Saturday??COINBASE:BTCUSD is still edging higher with now real confiction. Im thinking we are coming to the end of this rally. If we take a look at the AI for this week then we could see this have one more rally into Sat evening or has the high already been made just shy of 25k? There are a lot of unfinished patterns just above 26k with multiple ABCDs and the 61.8% level from the May 31 high @ 26700. Some things to watch over the coming days. Enjoy the day. 👍👍
COINBASE:BTCUSDShort
by L_F
1
Possible next move in SPXHi everyone. Today I'm gonna talk about SPX. In this moments the price have 2 posibilitties: Option A: We have a double bottom pattern and the price will go to the level of pattern and then we need to wait a intentional canddle who confirms the change pattern. In this point it's good enter to long (more risk) Option B: The price will go to te resistance and then will fall to the support (here we can enter with a short). In the support we need to wait if the price will go down or bounce to the resistance again (good opportunity to enter long) Thanks for read this and leave me a comments or questions and if you like this analysis, follow me. See you soon !
SP:SPX
by huraz
EURCAD Growth to Resistance 150+ PipsWelcome back! Let me know your thoughts in the comments! **EURCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
2
ETH heading strong resistance and good support levelshello all i think we breakout from a range area and surpass the 1280 resistance. now we reach 1650 resistance and the market react to it. so i think we have a pullback to 1300 area and after that toward 1650 again and repeatedly react to 1650 resistance and after that will go for 2000 resistance. also maybe we have a 50% correction of this impulse wave that shows the 1300 level too. Etherum has good fundamentals according to merge upgrade.so this targets are reachable in coming months. share me your opinion in comments.
Short
by TraderAmin-KZ
2
BTCUSD 3RD BEAR FLAG OF 2022?BTCUSD Daily TF Interested to see if this bear flag pattern plays out again this year. As a precaution, I've exited most positions with the anticipation of the internal support failing which could see a selloff back to the lower band of the ascending channel which is building up a pretty nice bear flag. I think that if this moves it'll be quick, very similar high-volume moves were made on 01/06 & 06/04. If I am correct and the current bear flag pattern completes then my first target would be 16k (internal measured move) which aligns pretty well with former validated support from NOV2020 and also has acted as a resistance level in the 2017 Bullrun after the top was put in. The final flagpole target puts the price back at 5k (which is ludicrous IMO) but we can never say never, especially in this current financial climate.... Keep a close eye on RSI and the current uptrend it is in, if it fails to swing high and cracks the uptrend it will most likely retest the 50.00 midway mark. If that fails then it's game on for the bears for an unknown amount of time. As always keep your RISK MANAGEMENT and POSITION SIZE in the forefront of your mind in the current climate and also your BIAS. Do I think this pattern will complete? potentially.. Would I be angry if it did? Nope (good op to potentially accumulate if possible).. Would I be angry if it doesn't? Nope (I managed my risk and kept my current capital) "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
BITSTAMP:BTCUSDShort
by Trader_Johnni
1
Gold 4H AnalyzeHi friends. we are in a range area between two divergent lines that i show on my chart. if we break this pattern down we see lower levels 1723 and if we loss this level too we see 1690. but if this pattern breakout up this means maybe we have a Retest to 1785 level and after that maybe again falling. this levels that i illustrate have an overlap with upper and lower bands of Donchian channel so they are very important levels. so we can wait till this pattern ends and price direction appear.
TVC:GOLD
by TraderAmin-KZ
BTC Go Ahead 26000 Resistancehello my friends. i think we broke a pattern last day and now we can retest it (and also 200 day MA). our Money Flow Index approch to overbought area and according to our trend (Bearish) we can go down after touch this strong support level. be careful friends we are in a contraction condition yet. inflation grows and today we saw the news about TESLA that sold about 75% of its BTCs. this news can affect markets for short term but in longterm no problem! :))) take care of yourself and your money. manage your risks. the first step is protect our capital and the next step is profits. hope you all have good trades. thank you all for reading my opinion. please share me your opinion in comments. !!!NOTE!!! MY POSTS ARE NOT TRADING AND INVESTING ADVISE SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
BLong
by TraderAmin-KZ