


cryptdee
Been in this trade since 1.6963. Tipped off on this trade whilst looking at @imran07 chart, who is one of my top 3 fav analysts on . It follows a pattern i have been trading lately 1 broken trendline and broken H&S necklines Price retraced to the 38% fib and couldn't rally so shot down I am Shorting to the blue support structure/ 78.6% Fibonacci level GL
Waiting for price to hit the D leg, then Buy to 38.6 ad 61.8% Fib levels Harmonic Pattern Rules Gartley Rules B - X-A = 61.8% C- A-B = 38.2%-88.6% D- X-A = 78.6% OR A-B = 1.272-1.618% TP - A-D 38.2%-61.8% Butterfly Rules B - X-A 78.6% C - A-B 38.2%-88.6% D- X-A - 1.272-1.618% OR A-B 1.618-2.618%. I used the X-A rules for D TP - 38.6% AND 61.2% OF...
Market is in an uptrend, although it broke the uptrend line. Not sure if this is a fake breakout but since price action is going up, we have two trading options; IF it bounces back from the trendline, WE SELL. This is supported by the trendline break IF it rallies back into the trendline and breaks out of the 50% fib, WE BUY. This is also supported by the fact...
Guiding Fundametals - US new and existing home sales have proven to be weak this week. TA 1 - Elliot waves 1-5 are now complete 2. The blue upward trendline is broken - Wave 5 broken the blue upward trendline. A rally off 23.6% fib support couldn't quite get back to the last daily swing high 3. Price is now completing wave A Enter now to the next support...
Potential 200 pips on sell OK - I hate busy charts, because they always seem to create what isn't there....or are looking for tooooo much confirmation, or have way too many options... I prefer charts that are clean, and clear and just work with price and the pattern without over-establishment...I am still learning. Hopefully I will become head of clean charts...
Not too sure where XRP is going but I am looking at two options and will trade either depending on how it behaves once it breaks out of the triangle , blue support and resistance trendiness or Fib level 78.6%
Shorting this as the upward trendline has been broken and price couldn't go back within the trendline. Retest has failed
This pair has been bearish for months, there was a breakout before which was false and resulted in a steeper downward move. Therefore wait for a retest of the trendline/support before entering the trade
The H&S pattern is complete and its neckline has been broken. Price action is attempting to complete a retest of the blue trendline so this is a low risk entry point Short for 150+ pips This head and shoulders also resides within a potentially large H&S that may be completing. Therefore if this trade is successful, I will continue shorting until the neckline of...
1. Upward trendline is broken 2. Head and Shoulders is complete and the Neckline has been violated. Entry $0.8750 SL at $0.8765 TP 1 $0.8712 Has the potential to go down further after TP1
Uptrend line has been broken and price is currently in consolidation phase forming a bearish pennant. Short to 50% Fibonacci retracement which holds strong support at the $1.3028 mark SL above $1.3600 TP at $1.3028
GBPCAD has broken the upward trendline. It hit first support and couldn't make a strong rally back to the trendline. Analysis considers 1. Gartley pattern. TP 1 at 38.6% already hit. Now aiming for TP2 at 61.8% Fib 2. Targetting next support which is around the 61.8% Fib.
Short setup for Tron. I hold Trons, so won't sell, will buy at dip if this plays out. Bat rules B - X-A 38.2%-50% C - A-B 38.2%-88.6% D- X-A - 88.6% OR A-B 1.618-2.618%. I used the A-B rules for D TP - 38.6% AND 61.2% OF A-D Stop loss - $0.085
Price action has reached the 78.6% Fib level in a strong buy zone It is likely to retrace at least to the 61.8% or in the blue supply zone Now is a good time to buy up to the 61.8% Fib level at least
Here we have 100-300 pips of profit to make on a SELL. Aim for $1.3800 and lock profits along the way as shown in graph Techniques Elliot Wave, Confluence, Head and Shoulders, Trendline, Fibonacci extension and retracement Analysis 1. Trendline - In a downtrend as Price was broken by the blue upward trendline and hit support at $1.3919 2. Elliot Wave - Waves...
Price action has broken the blue trendline and heading towards a major support level. Take profit anywhere within the blue support zone or the 50% Fib level. Price is expected to continue its descent or retrace upwards. Update to be created once this setup is complete
Price Action has been in consolidation within a descending triangle Price has formed 2 Lower Highs Price has broken the purple trendline via the right shoulder of the Head and Shoulder formation Price is moving down to the support level at the $1.216 zone A) If price breaks below support, look for the retest and continue the sell. Take profit at $1.1940 zone ....
Here we have a continuation pattern, The Bullish falling wedge for 30 pips Wait for breakout if not already in trade. TP support level shown