DOGE - Hourly vs DailyDaily Chart - Bullish Sentiment
Broken resistance
Broken declining pivot high trendline
Bullish Gartley pattern setup - but already have run up to target 1
Hourly Chart - Mildly bearish sentiment
Seems to be rejecting under horizontal resistance
High volume on previous extreme candle - may signify temporary exhaustion
Bearish Harmonic Patterns in play
Support ahead from both trend lines and horizontal support level.
Trading plan
Short position followed by long position as shown in the chart below.
You can skip short position and just place a limit order for retest.
Plan B - if short position hits stoploss
Trendoscope
HOW-TO: Auto Harmonic Projections - Ultimate [Trendoscope]Have made this video to give brief demonstration on Auto Harmonic Projections. Hope you enjoy the video and the indicator. Please let me know if you have any questions.
HOW-TO: Auto Harmonic Pattern - Ultimate [Trendoscope]Thanks for watching the video. I will just highlight the key differences between Auto-Harmonic-Patterns-V2 and Auto-Harmonic-Pattern-Ultimate-Trendoscope . Most of the other information is already available in the description of the script. Please read through them and let me know if you have any questions.
Key improvements on new version are:
▶ Whole pattern scanning logic is rewritten based on pine v5 feature to make it more efficient. It uses libraries and other features of pine 5 such as while loop to enhance performance of the scanning
▶ Zigzags - not using multi level zigzags as we found it to be inconsistent and often buggy - specially for harmonic patterns.
▶ Wait for confirmation flag is removed permanently. @CryptoArch_ has convinced me that we should not use this for harmonic patterns
▶ Search depth - Higher search depth and vairable search depth based on zigzag
▶ Optimized target and trailing based on each individual patterns
▶ More options for enabling/disabling patterns
▶ Support and resistence information and ability to use it for pattern filtering
▶ Improved stats for open and closed trades