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W-patterns

EURUSD: Structure Trading. Your Confirmation to Buy🇪🇺🇺🇸 As many other EUR pairs, EURUSD is standing on strong horizontal support. To catch a pullback from the underlined area, watch a potential inverted h&s pattern on 1H. 1.1767 is its neckline. Wait for its bullish breakout (1h candle close above) as a signal to buy. First goal will be 1.18 In case of a bearish violation of the yellow zone, setup will be invalid. ❤️Please, support this idea with a like and comment!❤️
Long
by VasilyTrader
24
DXY - Possible downside DXY is showing signs of reversal. It formed a rising wedge which it broke out of last week. I have 2 areas of interest marked out. Fridays candle had strong momentum and closed as an engulfing candle so there is a good chance we could see a push up past the first AOI before coming down which will also give the 3rd touch of the upper trendline. Will be watching for signs of reversal throughout the week which will give us opportunities to go long on some xxx/usd pairs.
TVC:DXY
by Chris_90
EUR/USD - Bullish ScenarioAs is stands i am expecting the DXY to go down (See previous post) which means we will be looking for XXX/USD Longs. Here we have EUR/USD which is at a AOI for me, its forming a falling wedge along with the DXY forming a rising wedge giving good indications that we could see a reversal soon. I have marked out 2 Long scenarios here. Risk entry will be the 3rd touch of the bottom trend line Safe entry is break and re test of the falling wedge Lets see what next week brings! :)
Long
by Chris_90
The global market crash of 2020 and the invisible recessionThe global market crash of 2020 and the invisible recession: Laying over a select number of my tweets from 2019 and 2020 with calls for the a 40% correction, the start of the recession, and tentative dates for the global market crash. I was off by a few days, but it's hard to predict the future. Obviously, right? Also, I had my confirming signal exactly two years ago in July 2019 which is why I am sharing this now. 2 years since from confirmation. I used various dark patterns, analyses, and techniques which gave me then the confidence that there was a black swan underway.
TVC:SPX
by mgogel
Unique Pattern BTCThis is the strongest Bitcoin Pattern. Its called the Ladel Pattern, and it Starts when BTC reaches All-time high. The Ladel pattern has been consistently appearing at every major all-time high of BTC. And the accuracy of this pattern is pretty high as you’ll see in this video. People are used to “One Size Fits All Patterns”. The ladle pattern is proof that each Currency/Stock does have their own unique patterns that cannot be found in the traditional textbook pattern list.
BITSTAMP:BTCUSDEducation
by MoonBets
9
Success Rate of Popular PatternsRemember Do not trade solely on Patterns only. Ultimately, traders should seek out the best combination of patterns and price action to create an analysis strategy that works for them. Experiment with different approaches and combinations until you discover a method that suits your trading strategy and goals. Here are the success rates for these patterns: Inverted Head and Shoulders Pattern (83.44%) Head and Shoulders Pattern (83.04%) Bearish Rectangle Pattern (79.51%) Bullish Rectangle Pattern (78.23%) Triple Bottom Pattern (79.33%) Triple Top Pattern (77.59%) Double Bottom Pattern (78.55%) Double Top Pattern (75.01%) Ascending Channel Pattern (73.03%) Descending Triangle Pattern (72.93%) Ascending Triangle Pattern (72.77%) Bull Flag Pattern (67.13% Success) Bear Flag Pattern (67.72% Success) Bullish Pennant Pattern (54.87%) Bearish Pennant Pattern (55.19%) These success rates presented are the result of a study conducted by a group of professional traders. They studied 10 different patterns independently from one another in 5 different markets (Forex, Futures , Equities, Crypto and Bonds), for a time period of 22 months with more than 50 case studies for each and every single pattern.
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BITSTAMP:BTCUSDEducation
by MoonBets
86
Tesla repeating patterns.I get very nervous making posts about tesla. I feel like saying anything negative about it will get me dragged out somewhere. Now that I say that I kind of want to make a post that paints it in a very bearish light just to spice things up a bit. That's probably a sign boredom is creeping in. -------- I was going to see if I could do some wave counting and labeling to continue my mastering elliot waves series. I know those posts are almost impossible to digest, so you're welcome. Also, I'm going to continue posting them, just not today. -------- So basically the naked eye of mine is seeing these repeating patterns, and so I dug into them a little bit to see exactly how they are different and similar and what that might mean about the future direction of price. My conclusion is that the price might very well double. Wild claim! I am thinking if it manages to take out any of the lower highs without losing the current support then it will be looking very likely to chart new territory. Otherwise, if we lose the current support then price will probably spend some times in no mans land. Much like it has been. Considering the public perception of tesla it's difficult for me to see it shrinking. To me that is the ultimate gauge for future of a stock. I feel like anyone who has a tesla is generally really happy with that purchase, and everyone who doesn't have one probably hasn't been in the market for a new car/doesn't have the means to acquire one. If self-driving could only achieve one thing, and that one thing was the elimination of road-rage, I think the world would be a noticeably better place. Driving is one of those things that really hammers in the idea that life is indeed a b****. Driving f***** sucks. I'm aware modern civilization is dependent on it. Does it still suck? Believe it.
NASDAQ:TSLA
by emehoke
The diamond formation explained in terms of ADA's price A bearish confluence has arisen among all the current bullish signals. This formation is theoretically seen as a reversal pattern and is bearish based on the fact that the price originated from bullish movement. Although the price target of this formation is at $1.29, does not mean it will reach these levels tonight, however knowing crypto assets a 10% retracement is not an irregular occurrence. In order for the price to hit the TP, it will firstly have to break below the $1.40 mark which is a strong resistance level of the previous formation the price broke out of. Then the price would have to move below the 50% fib retracement level which is an extremely strong level of support and resistance. Only then would the path be clear for a movement down to the TP which happens to be a strong support level. I am seeing this current market as a strong accumulation phase and if the price falls to the TP it would just be a sign of the continuation of this phase, which is great news for those who are in the market for the long term. The further accumulation would benefit the ADA market as a reversal and breakout to the bulls will roll out with the release of smart contracts which will bring in further hype into the space resulting in a huge move to the bulls. My current opinion on the market in the short to medium term remains neutral with a bias towards the bulls on a slightly longer time frame, how ever there will be some blood in the street leading up to this point of course. A question for those of you who are scared based on the current situation with regulation over the crypto space. Don't you think that regulation is one of the best things that could come out of the crypto space? some would think I'm crazy for saying this, BUT hear me out. Regulation is only scaring in this sector because it has never been regulated before based on the fact that it was not as wide spread adopted than it is today, and regulation is just a sign from institutions and governments that the sector is more serious than one would think and this is a way of showing the mainstream that even they are starting to take crypto seriously, But in order to do so they will obviously want to be compensated for the rise of this revolutionary financial system of assets, which is fine, unless this news has the effect on you that temps you to sell your assets. This is not a good idea as you will dearly regret this decision, maybe not now but in the near future. Just remember that all sectors associated to any financial system or third party intermediary are taxed and regulated any way, so why is regulation in this sector so frowned upon... don't let the media cloud your logic to believe what is said is true. How do you feel about regulation in the crypto space? leave a comment and like and we can discuss this topic, related to any asset.
BINANCE:ADAUSD.P
by Crisp_Flow