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The BTC Bart Sucks - We have better things to do with our timeDid you have been there the BART (Simpson pattern) of course bitcoin isn't new to the game on this pattern, probably as old as time itself (not scientific, don't sweat me chart champions :) ... ultimately it's the "Gartley Classic 22" pattern.. You end back where you started... if I wasn't trading with sinful amounts of leverage I wouldn't care at all.. (really care with leverage either-- other than I have to pay constant focused attention to what's happening)
FTX:BTCUSD
by Joseph_MG
XABCD Pattern, Short trader with good probabilityThis pattern indicated that the NZD/JPY could drop nicely this week, looking at the daily chart, and it could bring some decent profits. But of course, this is just basic technical analysis.. 100% accurate, detailed, and precise trades are forever available to our wonderful clients. We will update the idea on our blog's analysis section so we can help you remove stress and risk from it :) Trading by yourself carries a ton of risk, it's best to leave it to professionals to handle the risk for you.
Short
by Visit-wwwTRESORFXcom
Bank nifty long position Hi Everyone... Hope you all are doing good.... So let's talk about today's trade as you all know from last few days market gives us a gap up opening and after opening market moves in a short range.... So how we have to work in banknifty let's see... Conditions... 1. There is a strong resistance at the level of 36600 so if banknifty break this level and give us closing above the level then go for the CE and the tragets are 36800, 37000 and the last one is 37300 2. If banknifty breaks the previous day low which is 36300 then go for the PE and the target is 36100, 36000 and the last one is 35800 Hope you all are understand the levels and please follow and like for daily updates.
NSE:BANKNIFTY
by StockSelection
Bitcoin Bearish Gartley: Will it Reject 48.2?So far, this bearish gartley harmonic has been accurate to the relative tee. I assume now, we reject around the 48k area, and push further back down to retest trend... This to me, would confirm a bear market for quite some time 6-12 months is possible. If we look at VWAP and Daily/Weekly/Monthly supply levels, we should reject. We will find out soon. If you haven't longed I would not enter any trades here. If you are looking for an entry. I would short if we reject of the 48k level, and reclaim the D3 Supply lows... thats where I would enter a short. Patience Pays
by jb_skis
Daily forecast on a WC daily forecast on a WC! i see this as a good risk to take given the confluences of the higher time frame not breaking that high, so their is a likelihood of price moving back to the upside. given the structure and the price action on the higher time frame i can see a last leg forming to an ascending structure. an entry can be made out on the 4H in the form of a larger flag, its just a matter of pulling that trigger at the right moment for me now. a risk of 1% will be executed if the criteria is met to my trading plan, if im stopped out im happy with the position in this frame of mind - given the potential this move has to the upside.
Long
by connorfx96
2
Education Post: Double TopBTC has been bearish over the last week or so, but why? On the chart you can see I've attached a photo of a double top pattern, which is exactly what BTC has formed and played out the last couple of days. There's not much to say about this pattern as it's self explanatory. Looking at patterns is a really good way to predict future price movement as you can see this pattern played out exactly like the photo. You can google these patterns as there are loads of them. Now looking at the chart there's not a lot we can use to infer where BTC will move next, however the RSI is becoming oversold on D1 and is moving towards its support line. I'm looking for a small bounce here but I'll need to do some more analysis tomorrow which I will share. Hope this post helped:) Trade safely
by sebastianjohansen
2
UDATE on Triangle Pattern From Feb3Hello Traders Here IS The Triangle Pattern From FEB 3 That Has Indeed Formed. IF You Took The Buy From The Last Data Point Of The Triangle Before The Break You Would Have Caught bout 150 PIPS OFF That Trade. Currently Price Is Testing Off The Completed Triangle So BUY! BUY! BUY! You Can Set Your TP At The Original TP Or You Can Hold From The Break/Retest To However Many Pips There Are From The Top Of The Triangle To The Bottom Of The Triangle ( This Is Around Where The Breakout Will complete Its Self. Just observe its movement overtime to see this play out.This is how patterns work). If YOU ENJOYED THE PATTERN AND TO SEE IT PLAY OUT PLEASE LET ME KNOW IN YOUR THOUGHTS IN THE COMMENTS AND LIKE AND FOLLOW IF YOU DONT MIND :) ENJOY!
Long
by BeautifulTiger
The Law of 10 then 100, 10 then 100. Repeat as necessary. All is revealed in this humble chart. The plan is quite simple. I would like everyone to hold off buying any Gala until around day 10 of the oscillation period and then on the 10th day, buy Gala like mad. Out bid anyone who places an order, just buy and don't sell, because if you sell we will know. Those shorts will be happy to sell, take all they have and then when we reach the 100% profit mark, stop everthing. Do nothing and listen to the silence of the cryptoverse. The then, from far below, you will hear it, the short positions exploding like the 4th of July. It will not be pretty. Then we will wait for another 10 days, very quietly (no giggling) and I will release further instructions then. The Sublime Prince of Gala
Long
by WMWToronto
5
XAUUSD, GOLD SELL AREA. 👍👍Hi Guys, GOLD is sitting at our Sell area we where looking for. We have completed the ABCD Gartley from the Jan 26th High with a 10 day rally. This could be a start of a decent move to the downside. Target 1. 1800 - This is the 50-61.8% retracement of the current move up. This would complete a 135 Pattern and be the Bullish option. Target 2. 1750 - This is the A-B=C-D move to complete the smaller pattern. Target 3. 1730 - This would complete the Gartley Buy pattern from the Aug 2021 low. I hope this helps. Enjoy the day.
OANDA:XAUUSDShort
by L_F
4
Two Types of Elliot Wave CorrectionsWhen it comes to Elliot Wave Theory, we know of two different correction patterns . On the left you can see the classic correction, which is less common in real market situations. On the other hand, the flat correction (right) occurs more frequently in the market, since modern price action is often characterized by fakeouts . In this case, a fakeout looks like a wave B making a new high above wave A. In most cases, traders would open a trade here due to a structural break, which then runs against them (bull or bear trap). In the following table you can see how the respective correction patterns differ from each other and what you need to pay attention to. It is very important that you learn how to use Fibonacci tools correctly so that you can calculate the wavelength properly. Maybe I'll do a separate educational post on the proper use of those tools in future. Thank you very much for your attention, Your RT
COINBASE:BTCUSDEducation
by RT_Trading_
9
ABSORPTION MODELHello everyone! Today I want to share with you a very strong pattern that I use myself and that you can find on any chart. When used correctly, this pattern is able to suggest the best entry point and possible reversal, which potentially promises you good profits. Identification The engulfing pattern looks like two candles, the first of which is small, and the second is large and its body will be larger than that of the first, and the candle is directed in the opposite direction. The logic of this model is simple - there is no more strength left in the market to push the price - the first candle, after which a large one is formed and uses weakness to push the market in the opposite direction. A couple of important conditions: There must be a trend before the pattern. The second candle should be large and have the opposite direction. In addition, the first candle should close almost without a shadow, that is, at its maximum. Trading in a flat can bring a lot of losses, since a lot of false signals appear in such a market. Trade The entry into the market is made after the level of the first candle is broken - that is, the market has swallowed the candle and goes in the opposite direction. The stop loss is placed beyond the high of the first candle. Take profit . There are several ways to set a take profit. You can set it at a ratio of 3:1 or more to your stop loss. Another way is to set a take profit in the area of ​​the next level. This method can bring more profit, while it is worth remembering that the market may not reach the level. Timeframes The choice of timeframe depends on your trading style, as this pattern occurs on all timeframes. But it should be understood that the lower the timeframe, the worse the figure will be worked out. The ideal time frame for trading is 4 hours. You can choose the one that suits you. Conclusions This pattern, like all the others, provides a guide for trading, but this does not mean that the market will definitely go in the direction you need. When analyzing, it is worth analyzing the whole picture, do not rely on only one pattern, use indicators. When trading from the level, this model will be worked out more often. Use patterns correctly. Good luck!
Education
by DeGRAM
5