Looking at Bitcoin through the 4 hour timeframe and I see a potential head and shoulders pattern forming. I would expect price to go down and possibly break the neckline before setting any trades for a shorting opportunity.
Looks like Bitcoin has formed a potential reversal pattern and now we are going to be looking for opportunities to short for small profits. Price has also hit a previous level of structure and has been unable to break above it.
I am expecting price to hit around the 10k level then reverse down giving us a shorting opportunity.
Small shorting idea for EUR/USD. Seeing that this pair could go either way, based on the patterns in place, my bias is weighing more towards a shorting opportunity.
A potential cypher pattern is looking to be completed. If price hits entries, Target 1 and 2 are set at conventional target zones. The previous cypher pattern, which is much larger, is still valid.
Just a small shorting idea that I think might work out because of small divergence on the RSI and structure (Support & Resistance) being in that area. Taking this trade for about 50 pips or so.
Small Bitcoin shorting opportunity. Looking for a double top in the lower timeframe to confirm entries then I expect to see a small fall back into the 10230.0 region for targets. (I do not personally trade Bitcoin or any other crypto's but based off of my technical analysis and experience, I expect it to go lower).
Just a small bullish trade idea for Bitcoin.
Eyeing a potential bat pattern setting up on the hourly timeframe. Aiming for two targets at conventional target zones.
From my own analysis, bitcoin's price will hit a strong zone of structure before rising again.
Seeing a potential Cypher pattern setting up on the 4 hour timeframe, but above displays the 1 hour chart. Aiming for two targets at conventional target zones.
Price has fallen steep in the last couple of days, expecting to see a rally back up before continuing down.
Looking at a bat pattern which completed on Friday and I am looking for two targets that line up with previous structure zones (Support & Resistance).
Bearish Bat completed and now aiming for two targets at conventional target zones.
Taking two targets at conventional target zones
Expecting a bearish Gartley pattern to complete at around 110.00 and into my "Kill Zone" before falling into targets 1 and 2.
Expecting price to complete at around 134.920 level before falling to targets 1 and 2.
Seeing that price is stuck at a strong level of resistance, I would expect to see price fall.