After the MAIN trendline is identified, there are intermediate trendlines that line the path to success. I plotted the "bat" pattern for potential profit within a wedge. COINBASE:XRPUSD
CRYPTOCAP:XRP may be acting bullish based on the pending presidency or was targeted for that direction. Either way, the candlesticks tell the story. There is an inverted head and shoulders on the 30 mins time frame forming.
High timeframes are indicative of things to come. Will the market violate the right shoulder or react as predicted? The market dipped under $90k today. The institutions bought the dip. Will the market dip again? Watch market structure.
META is recovering from a double bottom (market reversal pattern) heading north. Opportunity to buy on the pull back to maximize your money.
Here is an opportunity to tale an inverted head and shoulder position to take profit.
One of the most discussed crypto coin now XRP has formed a bullish flag. FOMO has made investors invest incorrectly but where is this going? follow the flag
Apple stock has met resistance 2x. Now is it resistance or a chance for a new high? After a wedge break out, wait for confirmation for the next move. Use retest level as an entry. You can make a 10 pip move. 30 pips (more risk) or use the structure of the wedge for the TP (take profit). Check the premarket value for an early insight. Happy trading.
BTCUSD has been in a bull flag for since January 2024. Within the next 24 hours, the riddle will be resolved. We may surpass the high of $70,000 for a nice landing over $80,000. The charts speak soon.
NAS100 broke out of the right shoulder in the head and shoulders formation early 10/1/2024. Perhaps on the heels of the dock workers strike since 12 Midnight? Take profit where it makes sense for you.
XRP is showing signs of bullish activity. However, the SEC appeal is still in the air. If the SEC appeal does not happen, the bullish trend will continue. I used the wedge formation for projection.
AUDCAD short is on the possible horizon. The market is on a downtrend. Wait for the retest at the inverted head and shoulders neckline and enter. Retest is key.
sometimes, the market tells you a story. You have to listen and act accordingly. Head and shoulders is a standard strategy. It can also tell you where to find dip. Take a look.
BTCUSD is always an opportunity to make a good coin BINANCE:BTCUSDT . There is a M pattern formed. The potential profit is clear.
I love seeing rejection zone. SHORTING is an opportunity to win. See the markup for reference. This is the highest that SPY reached recently.
Possible trade idea on this pair. As always WAIT for confirmation. I believe we should go long once trading direction/pullback is confirmed.
XAUUSD is moving possible in consolidation. It's stilll an opportunity to buy up until the current rejection zone. Prepare accordingly and wait for confirmation. Trade wisely
Three black crows are a sign of market reversal. Entry point under the 3rd bearish candle and stop loss with room to breathe. Entry at your own risk. This is an idea.
My favorite crypto BTCUSD is showing its intention.... we came out of consolidation, downtrend and into an inverted head and shoulders. Lets see if it will fulfill its intention. Leave breathing room in your risk section. COINBASE:BTCUSD