FOREXCOM:XAUUSD OANDA:XAUUSD 💥Pitchfork Setup💥 Hello Traders, First take a look at my previous ideas. XAUUSD Daily Setup The optimal entry point for a long position is from now until the price is in the yellow box. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
So we've still got a longer term uptrend and Fibonacci channels seem to be holding fast and true. We still have a pretty strong forecast for a golden cross (50 EMA up over 200 EMA). With the recent pump we've got two possible fork situations with the nearest term fork taking us lower but the the broader trend would indicate more room for higher levels. I like...
Based on my previous chart nifty currently running close to 17000, as I mention on WAVE B will be 0.382 retrace based on previous Trend Based Fib Ext . Hope you traders will like it. I am very new to posting here so Don't forget to boost please, It will help to build some reputation here. Thanks for viewing and also thanks who liked my previous charts.
Nifty 50 today, Trending on 1.414 based on previous chart.
BTC/USD 1M Chart: This is the 4th Descending Wedge Pattern that BTC has been in on the weekly and this 1 month chart. Note that BTC broken downwards on 2 of its Descending Wedge Patterns before continuing upwards. Things we have to take into consideration 1: We are already in a world wide recession! 2: The FED is about to start Quantitative Tightening which may...
22555 is such a nice place for short . blue PF is last valid and its trigger line must not be broken for long validation
High possibility to reach "Median Line" after breakout of constellation #BEARISH FX:EURAUD
Why is Bitcoin consolidating on the 8H timeframe? Because of the median line of the macro channel serving as a (temporary?) support. We have never retested a multi-year previous ATH in Bitcoin's history so 20k better hold, if we get there. Lose 15k and cryptos going to hell, IMHO. Please like and share if you appreciate this market update. We are algorithmic...
Aurora Cannabis (ACB) has managed to give up 99% of its value since its October 2018 high. Certainly this is wealth destruction at its finest. I can find no technical reason to jump in here other than its at the bottom of a channel (pitchfork) and has a gap that needs to be eventually filled. (This is a TSX chart as they are open today). For many this...
Short term trade suggestion on Shopify (SHOP) on the TSX Exchange. Confluence of a Harmonic pattern and a Pitchfork (secondary bounce off of the outer channel.) Nasdaq showing signs of a short term bottom. This is key ! $410 -$414 would be my preferred entry level on a point D retest. Don't be greedy. Use a tight stop. Do your own due diligence and respect...
The price is in an interesting region on the Pitchfork fork. And MACD is confirming uptrend. A good time for entry I believe is at 50% of Fibo correction. The uptrend will expand upon breaking above the wedge. Against Bitcoin, the asset is also at an interesting moment. We had a rejection of the last support breakout, and consequently a diagonal resistance breakout.
1D time frame shows hidden bearish divergence, taking profits at the middle of the fork.
Hello my friends, today I want to talk with you about BTC chart. Here you can check my previous idea where I wrote that BTCUSDT will continue to grow and will exit upward daily chart At this moment price already trades above of previous resistance line that become support price zoomed the resistance and trades above it now price come back and tested it...
Hello my friends, today I want to talk with you about EURO / JAPANESE YEN CHART PRICE MAKE A CLEAR UP TREND Now we notice that there is a change in behavior after small range I think price will go short to the sliding parallel support for now the bull scenario seems more logical. So be ready for such scenario. lets see Enjoy the market This is an...
Fixed Pitchfork in the GBPJPY has been respecting median and fibonels lines
Simple Pitchfork analysis of macro picture in BTC.