LewisGlasgow

LewisGlasgow Updated 

Oh another post predicting the market top for bitcoin... No, this idea is far from it, today I'd like to present the facts surrounding the technical aspect of bitcoin to help provide a better understanding of the asset. Please read the full post to gain a better understanding of what I'm looking at. Today I'm analysing the weekly chart on BTC/USD. As...

LewisGlasgow Updated 

Tips for Growing a Small Trading Account Hello traders, I'm back with another educational post after receiving a lot of positive feedback. Today I'm going to provide you with five tips for growing a small trading account! 1. Define your why As you all know 90% of traders fail, it's a well-known fact and it's the main reason why I provide so much free...

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Today I've brining you all an in-depth view on USOIL, firstly I'll break down the base of my analysis on the 1h chart which shows two setups, bearish bamm and bullish bat. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 I understand the BAMM theory will be relatively new to...

LewisGlasgow Updated 

We're looking at another cypher pattern but this time on the 1h chart with DCR/BTC, this is an excellent long opportunity with 1:2 risk to reward! The D point forms above trendline support on the 4h chart as shown below, I'm expecting price to stall out on this level or at completion of the pattern. The measurements for a valid cypher are detailed below. B:...

LewisGlasgow Updated 

There are some amazing setups forming on the charts, here we have XAG/USD on the 4h chart with a bullish gartley. Price is currently completing the C to D leg, one to watch going into next week. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 Thank you to all supporting my ideas :)

LewisGlasgow Updated 

We're now heading into a new week, I'm putting out as many potential opportunities as possible for you guys to analyse over the next few days. Right now I'm looking at FCT/BTC on the 1h chart with a bullish gartley pattern. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 This...

LewisGlasgow Updated 

What's up traders, today I'm looking at MAID/BTC on the 1h chart with a bullish butterfly pattern, this has some serious potential. The measurements for a valid butterfly pattern are detailed below. B: 0.786 C: 0.382 - 0.886 D: 1.618 - 2.24 X to D: 1.272 The completion of this pattern aligns with the all time low for the asset, meaning it is a crucial area...

LewisGlasgow

Hello traders, it appears BCH/BTC has formed a bullish cypher pattern on the 4h chart. This is an excellent long opportunity with a potential 40% return! The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786 Here is a view on market structure on the 4h chart. As always keep your risk in check and apply sound...

LewisGlasgow

What's up everyone, today we have a short term opportunity on USD/CAD with a bearish bat pattern on the 15m chart. Excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The ratio alignment for this setup is spot on, almost...

LewisGlasgow Updated 

Traders, I advise you to read this entire post to gain a better understanding of what I'm looking at. It's been a while since my last trading position on ETH, back in August price completed a valid bearish bat pattern (shown on the chart) which was followed by a decline of almost 50% in two weeks. Taking the time to reflect on Ethereum's situation from a...

LewisGlasgow Updated 

Today we have a potential setup forming for CHF/JPY on the 1h chart with a bearish shark pattern. This is an excellent shorting opportunity with over 1:2 risk to reward. The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 This pattern could potentially turn into a 5-0 in the near future. Feel...

LewisGlasgow Updated 

Hello traders, here we have CAD/CHF 0.02% on the 1h chart with a valid bearish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 This is one to watch right now, I thought I'd share this before heading...

LewisGlasgow

What's going on traders, I hope you're all having a good weekend. This is a quick post updating you all on a potential trading opportunity going into a new week. AUD/JPY on the 4h chart with a bullish gartley pattern. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 I'll be...

LewisGlasgow

Traders, today we have BTC/USD on the 4h chart with a bearish AB=CD pattern. The measurements for a valid AB=CD pattern are detailed below. C: 0.618 - 0.786 D: 1.272 - 1.618 I'd like to break down several aspects of this chart in order to show everyone exactly what I'm looking at. #1: Ascending channel and untested high Price is showing signs of...

LewisGlasgow Updated 

What's up traders, I'm back with a brand new market insight on cryptocurrencies, today I'm on the 12h chart with XRP/BTC. This is my first piece of analysis since my prediction back in April 2017 when I predicted the breakout from $0.03 (chart is shown below). Ever since investing in Ripple in early 2017 I've always had a long term target of $1 based on the...

LewisGlasgow Updated 

Hello traders, here is a short term opportunity on the 1h chart with NZD/CAD. A valid bullish gartley pattern has fully formed with a 1:2 risk to reward. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 If you want more trading inspiration be sure to connect with me below :)

LewisGlasgow

What's up everyone, here we have EUR/CAD with a bearish bat pattern on the 1h chart. Excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The daily chart looks good, showing a resistance zone at D which aligns with the move...

LewisGlasgow

Hello traders, today we have ETH/USD on the 4h chart with a potential bullish bat pattern, it's currently completing the C to D leg and closing in on the PRZ. This is very similar to my previous analysis with Bitcoin. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 As...