better to wait for the breakout and sl would be below the neckilne
Happy new year bitcoin traders, Here is my first published idea where i will take a look at starting this year. We could be forming a nice cup and handle here which could take us above 500. If we keep hanging around this level and dont break 400 i will take a long position with a target around 530 assuming the cup and handle will play out. When 400 gets...
Two Paterns Completion And ABCD Completion at the same point Cypher and Ghartly Completion
EU go and back... the posibilite eu long and back at the seme zone
Should expect a pull back to the .5 followed by a rally to the 1.618 extension
Bearish Ghartly and Bat Completion
Ghartly Pattern setting and News is also on its way lets see what Happens
BUY: new high, break of 248 TP: along the targets up to 281 SELL: break of black trend line & failure to break 248 TP: around 232.5 - 235 / Build a new long position from there. HOLD: if you are long, the break of the C&H neckline indicated that price will try to reach the C&H target 256-258 A break of 248 would indicate that...
Head and shoulder pattern breaking neckline at 240 USD. stop loss at 236, target at 250 for a 2:1 risk return ratio. Even better target at 255 USD, but might take longer to happen
Goodmonring, I've been watching this pair for a while now. and i posted a potential trade 7 days ago ( ) If the price come's to Point D of the gartley pattern i will go short on this pair. on that point it could be the right shoulder of the head and shoulders. Lets see where the price is going! Good luck this week. Best regards.
Hey guys, as some have already noticed there seems to be a head & shoulders pattern forming on the daily chart. The 200MA acts as a resistance level for the shoulders along with some structure earlier this year. It all corresponds with the butterfly I posted earlier, so if it breaks around the 133.190 's we might be looking at a drop to somewhere around the...
Good 1-2-3 pattern to continue a bullish bias. Expecting to break the resistance level but maybe too extended to break now. Looking for a small pullback or flag to work off the overbought stochastic.
Trade ideas are based on my anticipation of an inverse head and shoulders. This should atleast help gaining some orientation for price action and time windows. Make sure to check out my other charts for more information. Feel free to leave comments or questions bellow and upvote this chart if this is usefull to you. Cheers : ]
Impulse leg XA followed by AB=CD correction into 0.786 level. Typical Gartley pattern. Expect a bullish resolution the next days. 1. Target 262 is very likely 2. Target 275 becomes likely after break of yellow neckline Stop Loss bellow the current double bottom at 235 Don't go all in 50x on this one, though. Cheerz : ]
Netflix has made an easily recognizable double bottom shape, in this case since the trend is not reversing but instead continuing it goes by another name, the Cup and Handle. Others might see it as an ascending triangle.
Neat downtrend. Inverted H&S (please if you disagree let me know). RSI and CVI (Cumulative Volume Index) both high at Head's peak and low on right shoulders: Note: Since there is no volume, I looked at the CVI, but I don't know anything about it....:( The target (1.077) converges with the top of the downtrend (resistance).