Head and shoulderWe can see here is some correction over the share price may be it's making head and shoulder pattern on Syrma SGS
CMP - 622
First think then observe then invest
W-m-pattern
GILD Short This trade has multiple patterns on M15, and it is with the trend. All timeframes are overbought and have divergence, this trade should be able to fall to the bottom and maybe even more as it is hitting the H4 moving average and has the strength to fall especially with the news regarding Isreal as of now.
AMD Daily timeframeafter valid breakout from wedge patern in daily timeframe with candle we can enter to long position with 4 risk to reward that its good
maybe price want to meet trend line again.. pay attention to this
good luck
MKRUSDTOur uptrend line is reserved for the time being.
In the daily time frame, the crab pattern has appeared for us, which overlaps with the negative divergence of the RSI in the same time frame.
This pattern is a reversal of the trend.
If the upward trend line is broken and the range of $1,383 is consumed, the possibility of a corrective trend will be strengthened up to the price range of $993.
Eur/UsdHello traders!
My opinion is that the pair can make a retest of the level (1.0500) and then go to the level (1.0900). It can be seen that in the weekly period, the pair wants to retest the level (1.0900).
Wait to enter the trade! Be careful!
Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
Crude - shark setting upCrude is setting up a shark pattern ending just below 80$ with a nice tight prz
Déjà Vu of 2021's Bearish Shift? 📉📉📉The Eerie Resemblance:
If you've been in the crypto game for a while, you might be experiencing déjà vu. In 2021, Bitcoin was riding high before it underwent a profound transformation from a bullish to a bearish trend. What followed was a period of intense volatility and uncertainty. 🐻
The Bearish Divergence:
One of the key signals of concern is the emergence of a notable bearish divergence. This phenomenon occurs when an asset's price makes higher highs while an oscillator, like the Relative Strength Index (RSI), forms lower highs. It suggests weakening buying momentum and is often a precursor to a trend reversal. 📊
What Lies Ahead:
While history doesn't always repeat itself, it can offer valuable lessons. The current market sentiment, combined with the bearish divergence, is a reminder of the importance of caution in crypto investing. 🚦
Trading Strategy:
Risk Management: Protect your capital by setting stop-loss orders and defining clear risk tolerance levels.
Diversification: Consider diversifying your portfolio to spread risk across different assets.
Stay Informed: Keep a close watch on market news and developments that could influence Bitcoin's price.
Conclusion:
The crypto market is inherently volatile, and it can shift rapidly. While the current situation may appear similar to 2021, it's essential to approach it with an open mind and a well-thought-out strategy.
Remember, trading and investing in cryptocurrencies carry risks, but they also offer opportunities. Stay vigilant, stay informed, and adapt to the evolving market conditions. 🌟
The future remains uncertain, but it's our ability to navigate the unknown that sets us apart as crypto enthusiasts.
❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
GM TA - General Motors going downhey guys whats up its amir
So General Motors, what exactly do we have here:
- Beautiful bearish flag just got broke down
- I want you to notice to the RMACD we had last week a bull trigger and got rejected and now were closing a bearish trigger, and exactly the same happened in the drop last time (vertical lines) its a sign that the bears are stronger than the bulls.
- Watch at the volume indicator, for about two years you can see clearly who have control on the stock look at all the red bars, clearly the bears are in charge here.
- Good risk reward ratio 1:3 its fine.
defintely work for me.
*not financial advisor*
USOIL || Price AnalysisUpdate:-
USOIL is losing its momentum but it looks like it will retrace back before going below 89$.
Detailed analysis is marked on the chart.
Note: This is purely based on my analysis and not a financial advise.
DXY Reversal Based on historical pattern Hi Guys,
JUst for the Education purpose, found one interesting pattern in history which might be very worth looking at TVC:DXY charts
Lets look at this chart where i have market how DXY reversal might Play out
www.tradingview.com
This pattern i found which has similar or should i exact same character
Watch this in Hourly TF
its same pattern senario .
FEDEX Long M15 and M30 are oversold with divergence, there is a pattern on M15 and M30, There is very good support for this buy, as this is with the trend so it should go up to $270.
ADBE Short - This trade is with the daily and H4 trend
- There is a pattern on M15 and M30
- There is a lot of divergence
- This is a fast-moving pair so there is high stop loss but it should fall to the bottom (500)
📈 Litecoin's Ascending Channel: A Sign of Strength 📈Litecoin, often referred to as "digital silver," has been quietly making waves in the cryptocurrency market. A compelling technical pattern has emerged, signaling the coin's strength and potential for a sustained bullish trend. Let's explore the concept of an ascending channel and what it suggests for Litecoin.
The Ascending Channel: A Bullish Structure
An ascending channel is a technical pattern characterized by a series of higher highs and higher lows.
It represents an upward trending channel where buyers consistently enter at higher price levels.
Litecoin's Strong Position: Riding the Channel
Litecoin's price action has been remarkably consistent within this ascending channel.
The channel's boundaries serve as support and resistance levels, providing clear trading signals.
The Significance: Strength and Potential
The presence of an ascending channel is often seen as a sign of strength.
It reflects a consistent balance between buyers and sellers favoring upward momentum.
Trading Strategy: Navigating Litecoin's Channel
For traders, an ascending channel provides valuable reference points.
Consider long positions near the channel's lower boundary and take profits as the price approaches the upper boundary.
Conclusion: Litecoin's Ascending Channel
Litecoin's ability to maintain this ascending channel is a promising sign for its future performance. However, always remember that the cryptocurrency market can be volatile. Stay informed, adapt your strategy, and manage risk wisely.
As Litecoin continues to ride this bullish structure, it demonstrates the resilience and potential for growth within the crypto space. 🚀📈🌟
❗See related ideas below❗
Like, share, and leave your thoughts in the comments! 💚🚀💚
GBPAUD Short This trade is with the H4 trend, and it has a pattern on M15 and M30, both of those timeframes are also overbought with multiple tops and divergence, this is a very good risk-to-reward type of trade as this is expected to fall all the way to the bottom.
EURCHF Short All timeframes are overbought with a lot of divergence on H4 and H1, there is going to be a previous week's high, and will be the start of the week which most of the time means that the trade will fall. There is a pattern on H 4 and it is currently the 3rd top. tight stop loss with the 1st target being 0.9619
🔥 PEPE Falling Wedge Break Out Soon? Crazy Potential!PEPE has been losing a lot of value after the initial listing on Binance. However, there might be some good news for the bulls in the near future.
Seeing that falling wedges are bullish reversal patterns, a break out from this pattern might be the signal where bulls are waiting for in order to step back into PEPE.
With a bullish/neutral BTC, this token can fly high. The trade on the chart has a R/R ratio of 26, making it a great short-term trade with a high potential pay-off.
🔥 Arbitrum Approaching Key Resistance: Bears Are Ready!ARB has been trading inside this bearish channel for a couple of months now. I'm expecting the top resistance to hold yet again, making it a great area for a potential short entry.
Ideally, we wait for the RSI to be overbought on the daily and make an entry around the key area of 1$.
The start of a crash for COPThis is one of the biggest signs of a market crash for the stock COP. There is significant divergence on every timeframe, including a daily head and shoulders. this trade has multiple patterns the main one being on a Daily timeframe. Expecting this stock to drop to $112 with a decently tight stop loss, We have already taken this trade at $124.
🔥 WARNING: Ethereum 6-Year Rising Wedge Break Out ConfirmedAs of last week, Ethereum has broken out of a rising wedge pattern which has been formed at the start of 2017, making it the longest pattern that exists on the ETH chart in recent memory.
Seeing that rising wedges are classically bearish reversal patterns, the risk is definitely to the downside. There's a risk that ETH will see more bearish pressure over the next few months.
If BTC were to make a double bottom like last cycle, I assume that ETH will make a lower-low in the yellow area.
Personally, I'm keeping some cash on hand for this very bearish scenario. Will you? Share your thoughts in the comments.
SILVER Will Go Down! Sell!
Hello,Traders!
SILVER broke out of
The bearish flag pattern
While trading in a local
Downtrend so I will be
Expecting bearish continuation
Sell!
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TOMO. Cup is Hot. The Handle is heating.Hello friends!
I've seen your interest on my previous BINANCE:TOMOUSDT analysis and wanted to keep you updated on the lower TF.
As my account is young, I have only 7 points of reputation, I cannot add pictures to my comments. So I decided to just put this in a new post.
As I've mentioned previously, we've hit the Entrance zone at $1 and went back up to $1.07 with a big Volume. That's a Great sign! The Buyer is there.
However, for the Big upward move we need all the doubting people, thinking it's a selloff to get out. As always.
That's why I'm guessing we've entered into the +- weekly long consolidation with the lowest point of 0,87-ish within a 0.9-1.1 range . You can either trade within this range or just buy some bags at around 0.9 (Or DCA from 1.01 to 0.87) and wait for the tip of the handle at 1.62, Or wait for this figure to play out with the big gainz.
Can't wait to be able to post updates with pictures.
-A.I.Vision
🔥 The Perfect Bearish Bitcoin Trade - Learn How!In this analysis I want to talk about Bitcoin's bearish triangle pattern that has been unfolding itself over the last few weeks.
I'm not sure whether BTC still has a bullish move in it, but when it does, we are ready. As always with trading, it's a matter of > . If Bitcoin decides to move up, we will enter a short from the top resistance which has historically been quite strong.
Stop above the resistance line, target at 23.500 for a nice R/R trade. A more bearish (but riskier) bet would be to place the target at 20k.
🔥 Bitcoin Retesting Channel: FOMC Fake Out WARNING 🚨I've been fairly bearish since BTC failed to break through the top resistance of the channel a couple of weeks ago. However, BTC's price action this week seems promising at the very least, so we have to consider different outcomes at the very least.
My anticipation for the coming week is that we're going to retest the top purple resistance. We will get some decent volatility during tomorrow's FOMC, so a sudden bullish move is not ruled out.
With inflation rising again, there's little reason for markets to pump. So I will be looking for a sudden bullish move upwards during the FOMC, ideally getting above the resistance, and then reversing quickly, leading to a fake out. A perfect bearish trade would be to step in during the fake out and ride the bearish move all the way down towards 20k.
My bearish stance will chance as soon as we can get a weekly close above 30.5k. If the bulls manage to pull it off, I'll be looking at 32k and then potentially 35k. We are not there yet, though.
Interesting times ahead. Share your thoughts in the comments🙏
