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Rising Wedge

Bitcoin - Buy exactly here for the long term! (premium solution)Bitcoin is ready to go higher, but this uptrend is starting to be a little bit extended, and we need a correction to 21k. I have been warning you for a long time about a huge crash that is going to happen soon or later. We still have an unfilled CME GAP, and exactly in the GAP we have the 0.618 LOG FIB retracement (15476->33000), which is a good confluence to buy Bitcoin for the long-term and ride your position to a new all-time high! It looks like Bitcoin is going to reach levels around 32k - 33k. I do not expect the last wave to be huge because of the previous waves (1) and (2). We can use the Fibonacci extension tool to measure the expected length of the last wave. Buying Bitcoin at the current or higher price for the long term is not worth it because you can definitely buy it cheaper at 21k later this year. Set up notifications for my ideas so you will be alerted in your email when I publish new analyses immediately! The pitchfork that you can see on the chart is still holding, which is, of course, a good sign for the bulls. But in the event of a breakdown of this pattern, you should be very cautious. I think it's going to trigger a massive selloff. If we take a look back to the bear market in 2021 - 2022, we can see a five-wave structure, which is pretty much undeniable. It can be a triple zigzag or an impulse. My outlook on this idea is bullish, so I marked it as a triple ZigZag. It's probably a complex correction because the last fifth wave looks like an ABC zigzag wave. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. Above the 32399 level is a high liquidity area, so there is a pretty good chance that the market wants to take all stop-loss orders from traders before the huge ABC correction happens! The 25k level has already been tested, so if you want to still buy here, it's probably not a good idea. Maybe for a short-term bounce, it could be. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
105
Nifty Trade Setup (30-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal. So today market was sideways with 60 points movement only. Market for only scalpers not for trend followers it was expected as there was big gap up opening and when there is big gap opening do expect sideways price action. As posted yesterday that from price action on 1 Day TF price is moving in rising wedge and today it opened above both horizontal resistances mentioned on chart. (Unable to post yesterday chart i.e. 29-May-2023 due to basic member) Now as gap opening and positive global markets and positive earnings from major companies. This gap might act as good support zone which become flip zone (Resistance turned to Support) Not Expecting any gap downs but still to need as backup plan i will always try to plan my trade setup based on if price opens flat, gap up or gap down. For tomorrow this will be my trade setup: 1.) If opens flat and will wait for break of the Resistance zone of 60 points which formed today with resistance at 18641 and support at 18580. if it breaks one above then i will look for buying opportunities for target of rising wedge trendline 18670 to 18680. 2.) If opens gap up the will wait to form price action or any rejections from rising wedge trendline for target for todays resistance (18641) 3.) If open gap down and today's support of 18580 becomes resistance then will look for shorting for target of 18560,18510. Hit like to keep me motivated for keeping my trading journal as it only take less then few seconds to hit like but it gives me motivation for preparing for my session. Also one can comment on how I can make this trade journal better any improvements I need in it :) .
NSE:NIFTY
by TradeInsights
Nifty Trade Setup (29-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal. Hello everyone so as on 26-May-2023 (Friday) session when price took support at resistance level which i marked as horizontal line on 15 min TF i bought it there and stoploss was low of the hammer formed or day's low and i trailed my stoploss. It was good session and worked as per my trade setup. ( Cannot Post Previous Session Link as i am not pro member or don't have enough reputaion levels :) 😊 ... have to check previous day setup to check resistance level which became support.) Now for my Tomorrow's trade setup from price action it is forming rising wedge pattern on Daily TF making HH's and LL's now price is at Equal of previous high and if this pattern will be respected then it will make new high touching that upper trendline of rising wedge but For price to reach there, on upside NIFTY have hurdles of 18500, 18550, then 18600 levels. On downside nearby support is 18450. For my trade setup i will look for following : 1.) If opens flat and nifty might retest nearby support of 18450 as there was rejections from day's high on previous session. If price take support there i will be looking for buying opportunities for target of 1st resistance level (18550) then for 18580. 2.) If opens gap down i will see if it takes support near 18450 if it does then will trade as per point 1 setup. If price rejects this support of 18450 then will look for shorting opportunities for target of 18400 then 18350. 3.) If opens gap up then will look for rejections from nearby resistance levels and will wait if price rejects that resistance of bulls take control of price as did in previous session and then will trade accordingly. Things i will keep in mind: Nifty is bullish on Higher TF. which is Primary trend and if i place trade against the primary trend i will try to follow strict stoploss and strict profit booking levels. Hit like to keep me motivated for keeping my trading journal as it only take less then few seconds to hit like but it gives me motivation for preparing for my session. also if you can help as Trading View is holding rewards if Ideas or Script can be listed in Editor Picks :) . also one can comment how i can make it better or any improvements i can make in my trading setups or improving this journal.
NSE:NIFTYLong
by TradeInsights
ARPA will 10x | The best coin to buy in 2023! ARPA is ranked only at 320, and that's why it has plenty of room for the minimum of 10x gains! It's a great coin from the technical perspective on the major weekly chart, and I have huge expectations for 2023 and 2024. The coin recently broke out of the rectangular base with extreme volume, which is definitely a good sign, and we are ready to reach a new all-time high and continue in the bull market. Forget about coins with a huge market cap; they're not going to make you rich at all; instead, you will lose money. This coin has a small market cap, and it's also listed on major exchanges, so you can buy/long it with comfort right away. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. The important thing is always to look at the previous price action from 2020 - 2021. We can clearly see a leading diagonal wedge Elliott Wave pattern, which is a pretty strong indication of interest and, in combination with the finished ABC correction, makes this a solid technical setup for a long position. I don't know about you, but I am already in on futures, and I longed it in the rectangular base before the breakout. This coin is very volatile, and it provides a lot of trading opportunities not only for swing trades but for intraday trades as well! ARPA Network (ARPA) is a decentralized, secure computation network built to improve the fairness, security, and privacy of blockchains. The ARPA threshold BLS signature network serves as the infrastructure for a verifiable Random Number Generator (RNG), secure wallet, a cross-chain bridge, and decentralized custody across multiple blockchains. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
75
NZDCAD in Coming Days!✅ Based on the analytical method in the CTS strategy, the NZDCAD currency pair is in a downward phase by reaching a PRZ zone. ➡️ bearish signals in the PRZ area are: - The roof of the descending channel - Pivots R1 monthly and R3 weekly ➡️ and the downward signals of market momentum are: - Divergence in MACD and RSI in 1 hour - RSI OVERBOGHT in 4 hours - The possibility of forming a Rising wedge pattern in 1 hour 🌟 Note that the price has reached the PRZ zone and the entry trigger will be activated by hitting the bottom of the miner in one hour time and forming a return pattern. On the other hand, if the PRZ is broken upwards with the strength of bullish candles, this analysis of ours will be failed . ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Short
by CobraVanguard
11