* I am not an harmonic trader but the pattern looks like a Bearish Bat. Will see if it is or not. * All targets are on chart. * I am NOT getting into this position. NFA.
DISCLAIMER: It is just an Hypothesis. - Saw a similarity between two patterns. Publishing my idea for just creating a roadmap for further prices. - All levels and explanations are on chart. * This is not a financial advice. *
I think ETH loves QM patterns... A LOT Waiting for one more impulse to down. R:R = 3.61 which is pretty well. NFA.
When ETH fell down, it fell with a QM5-Sell pattern. Now, it may rise up to $4.4XX if price won't make any lower lows. Im getting in it. R/R: 2.88 which is not bad. If the price can't rise up anymore at the $4.3XX, I'll be full flat. NFA.
As you can see, there is a possible qm5 sell pattern. Short position entry = 4825 TP1 = 4587 TP2 = 4500 R/R Ratio: 6.54 NFA.
Possible bullish pennant for ETHUSD. now has 2 AB=CD patterns and a fibonacci retracement from different price levels. At some level, price levels nearly cross. (48XX$ - 50XX$) Price target = ~4900$ R/R = 4.08 which fine. And also price is at the support line of channel which comes from 28XX$ Waiting for an bullish impulse in a week. NFA.
Waiting for one more correction to 1.3758, then will short from there to 1.3675 * EURUSD correlation is supporting these levels. R/R: 4.74 Target = ~80 pips NFA...
TSLA is in Descending triangle and the price is now on the Demand area (560-530) and also the demand area crosses with 200 day EMA. (which makes the area stronger) As you know, every bounce from demand area damages the area so I am waiting for one more bounce from this price levels to 50 day EMA (pink one). Then according to the descending triangle, price will...
TP ve SL seviyeleri grafik üzerinde verilmiştir. AB=CD hedefi olarak, yeşil ile hedeflenen bölgeye kadar SERT TEPKİ HAREKETİ bekliyorum. Volatilite sevenler için birebirdir :) BİLGİLENDİRME: Yazdıklarım şahsi fikirlerimi içerir. Bu fikirlerden yola çıkarak yapılacak olan al/sat işlemlerinden doğan kâr/zararlardan şahsım sorumlu değildir. Herhangi...
Purple Line: Monthly Pivot R/R: 3.52 All informations on chart.
My BTC/USD target was 20K price level 2 months ago. Today, The price has almost reached the target. The price has reached Fibonacci 1 level and it is too far away from EMA's so, Sellers may show up themselves. BE CAREFUL at this price level.
What an Awesome Pennant! 1st price target is, the resistance of purple channel=> 472 USD 2nd price target is, the height of pennant pole which you can see with dashed line (527 USD) The price has a support of 20 EMA and Volume is decreasing down while the price in the head of pennant which is ABSOLUTELY FINE. Stop level is below the pennant support ( 432 USD )
Target is the dashed line. Double bottom battern has confirmed. Stop level is, below of the purple parallel channel.
As you can see in the chart, the triangle has broken and then a correction wave occured. Thanks to 20 EMA, the correction wave has ended. Than the price started to rise up again. First and I think the most important target level is the 0.618 Fibonacci retracement level (13346 $) If price breaks this fibonacci level, My second target level is the Fibonacci 1 level...
Need to look at the EMA's for trend following.
The price is in the turquoise channel, if you look at closer, the price is in the impulse wave and it probably will bounce from the fibonacci retracement levels. (Strongly 0.382 but can be 0.5 or 0.618) According to the flag pattern, when the little channel breaks down, the price will fall down as height as pattern pole. This level might probably the bottom of...
It broke the weekly trendline. also Fib. retracement works well.