Akura_Crypto

Akura_Crypto Updated 

Currently the recently publicly posted PHENOM 5.3.1 strategy is showing a buy signal. *This uses private unshared settings* WAIT FOR THE BAR TO CLOSE, then enter and hold until close signal is shown on chart. Strategy Available Here For Limited Time: Please, if you like the tool, leave feedback or a like :)

Akura_Crypto Updated 

A Symmetrical Triangle is a "bi-lateral" pattern, meaning it could break in either direction. This means we need to plan for both Short and Long situations. Our target is (pattern height * chance of success) 32.35*0.58 = ~18.76$ from breakpoint. Entry: Wait for pattern to break in either direction + 1 bar for confirmation TP: ~18.76$ from breakpoint SL: Last...

Akura_Crypto Updated 

We have a great Inverted Head And Shoulders pattern showing on the HSI-Index. These patterns have a fairly high accuracy rate, and are one of my favorites. We measure the height of the pattern and multiply by chances of success for target range, 1726*0.71 (71% chance) = 1225.81 from breakpoint. Entry: wait one full bar minimum as this pattern confirmed at the...

Akura_Crypto Updated 

We can see a Rising Wedge forming on the Nikkei 225. We are not ready to trade yet as we still need to wait for the break but we can get our basic trade plan together now. Our take profit will be the approximate size of the pattern multiplied by its chances of actually reaching target. So, a target of ~1633$ * 0.63 (63%) gives us an expected move of around 1028$...

Akura_Crypto Updated 

We have recently broken a YFI falling wedge and I will be taking an entry here at ~13719. TP: Pattern shows ~21750 movement based on pattern size * 0.62 (62% chance of reaching target) and we get 13,483$ from breakpoint as target, or ~26905$ SL: Bottom of Local/swing low ~11960 Pattern info: thepatternsite.com

Akura_Crypto Updated 

By now my followers should know the deal: getting plan ready, wait for break, TP based on break, SL at last swing. We are looking for a downward move out of this pattern. Entry: When bar closes beyond pattern, or fully confirmed with 1 full bar outside pattern TP: Expect a 0.0347 move * chance of reaching target (0.63 or 63%) and we get a target of 0.02218$ from...

Akura_Crypto Updated 

Although not ready for entry, we have a nice Falling Wedge pattern forming on the ETHBTC 4HR charts. Based on the pattern we can expect a move of ~0.005959 from breakpoint, multipled by 0.62 (62% chance of reaching target) and we get a basic trade plan of: Entry: After bar closes beyond pattern(risky), or after a full bar has opened and closed beyond the pattern...

Akura_Crypto Updated 

A Symmetrical Triangle is a "bi-lateral" pattern, meaning it could break in either direction. Our target is the approximate pattern height multiplied by chances of reaching the target or 747.85 * 0.58 = ~433.753 from breakpoint. Entry: Not ready yet, wait for breakout for direction. wait for full confirmation of 1 bar beyond pattern. TP: ~433$ from breakpoint SL:...

Akura_Crypto Updated 

Showing on the CADCHF pair, we have a Falling Wedge pattern formed nicely. However, we are not ready to trade until we break out. Entry: After we break and close above the pattern. TP: Pattern calls for 0.00809 * 0.62 chance of success = ~0.00501 form break point. SL: Last swing low, currently estimated at ~0.6868 Estimated R/R: ~1.9-2.1 WIll update when...

Akura_Crypto Updated 

We see a Cup & Handle pattern playing out quite well on the S&P500 4HR chart. Since the break happened at the end of trading session last week, we will wait one full bar after open before entry in case of the price reverting. Target is usually the height of pattern, multiply that by chances of successfully reaching target (0.61 or 61%). Entry: Risky method is as...

Akura_Crypto Updated 

If we take a look at the Brent UK Oil 4HR chart, we see an absolutely textbook double bottom pattern (Eve-Adam version). Price action has already broken the neckline as seen in the diagram, and has also made a textbook retest and hold of the same line. According to the pattern we should see a move of around $4.24 or ~10%. When multiplied by our chances of success...

Akura_Crypto Updated 

We have a Rising Wedge possibly nearing break on ADAUSD pairing on the 4HR chart. This shows a down move is likely, and after a reak we can expect the height of the pattern as our move. Multiply this by our chances of actually reaching that target (0.63 or 63%) to get our actual TP point. Entry: After close beyond pattern , or for fully confirmed wait for a full...

Akura_Crypto Updated 

We are showing a nicely formed head and shoulders bottom reversal pattern on the AUDCAD 4HR chart. For this pattern we find the height from the head to neckline and multiply by our chances of reaching the target. Entry: Once we break and close above the yellow resistance area TP: 0.01369 * 0.71 (71% chance) = 0.00971 from neckline or approximately ~0.9475 SL:...

Akura_Crypto Updated 

We recently broke a Descending Triangle and I will be taking entry here at 1.19042539. Entry: 1.19042539 TP: 0.70216 movement expected, *0.64 chance of success = 0.4493824 from break or ~1.6$ SL: Slightly below our pattern support or ~ 1.04$ Pattern info: thepatternsite.com

Akura_Crypto Updated 

We seem to have a rising wedge forming on LINK's 4 HR chart. This is meant to be a bearish pattern, so we will be waiting for a downside break of the pattern BEFORE entry. However, we can build a basic plan here. The pattern covers about $3.797 or ~51% of the current price, multiplied by our chances of reaching the target point (0.63 or 63%) we get: Entry: AFTER...

Akura_Crypto Updated 

We have broken a Descending Channel, however we've missed the initial entry. I will be waiting on a retest of the top of the pattern for entry. TP: Approximately the height of the pattern, or ~0.003797 from initial break point, ~0.02065 SL: Previous swing low, around 0.015266 R/R: ~2.5-2.7 depending on entry Pattern info: thepatternsite.com

Akura_Crypto Updated 

We seem to be forming a solid falling wedge on the 4HR chart for LEO futures on FTX. This one is quite volatile , so we want to wait for full confirmation before entering, however we can start a basic trade plan now. We start by measuring the height of the pattern and multiplying by our chances of reaching our target (0.62 or ~62%), this gives us our expected...

Akura_Crypto Updated 

Forming on the EURGBP 4HR chart we have multiple bullish signals. Depending on your perspective we are in a fair size bull flag, or we are in a descending channel that has reached 61.8% retrace almost exactly. I will be charting the flag option. We have a tight flag formation, coupled with the fib retrace, and a proper downward sloping flag, all good signs for...