hello guys... are you okay? Today, I want to analyze gold and look at its past to see what has happened. I noticed that after a sharp movement, a three drives pattern formed, followed by an engulfment of the last drive to form a QM pattern. At the same time, a double bottom was also formed, which led to the target being reached. However, I believe that gold now...
At first the market provided three ascending drives, pushed up, respected the fair value gap and dropped to the order block support. Accumulation phase occurred before the volatile move to the breaker block, now price made a retest to the phase. From here we should expect a bullish move to the inner supply zone, the urge is to buy…
The daily chart has the characteristics of a volatility contraction approach, price has now invalidated the contraction and we’re up for a volatile move. 4h timeframe shows that the bullish three drives were in accordance with the bullish order flow. This breakout made a small retest to the daily order block and fell to the demand zone, with this current...
From the 137.911 level, the market made a successful retracement to the demand zone at 135.854 and couldn’t push up to the main supply 137.678 because of the previous broken structure. The rejection formed this current mid supply area and price made an impulsive drop that broke the structure and created divergence at the 134.109 low. The market is now trying to...
The chart is looking quite messy, but every detail is clear, been adapting to this pair as it matures. We have a horizontal channel going on within the breaker block region, looking for price to tap into the trend line to give us the ultimate third drive to activate buyers. This is an interesting one…
Looking for a rebound on BTC for the weeks ahead to create one last bullish drive to the upside to 24500 or 26300 which depends on the current BTC rebound as highlighted with arrows Then creating an opportunity around the area for the big bearish run all the way to the origin of the current bull run or even creating a new low on BTC BTC Long-Term Perspective
After some careful consideration of the price action I realized that CABLE was making a very RARE, DOUBLE HARMONIC pattern called the 3 drives. In this case it appears as though CABLE is creating a BULLISH THREE DRIVES DOWN harmonic pattern. Which would frame our sells at this point and give us a nice potential EXIT to any CABLE sells at point #3. From point #3...
Currently within the distribution phase and along this phase we have a complete descending three drives pattern. With the pattern in place and current candlestick being bullish engulfing, sellers are certainly taking control. However, initially price tested the 91.798 imbalance and respected it, now we are looking forward for price to violate the area and reach...
The market is within the daily horizontal channel and made a long consolidation between prices 0.70103 high and 0.68963. Along the process of completing the three drives pattern, the market also managed to trigger the fair value gap and activated this small bearish order flow because price made a retest to the supply zone and aggressively dropped. The drop is...
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hello guys... BINANCE:ONEUSDT is trying to form three drives with divergence. in my opinion, it will experience an upward movement until it reaches the end of the last drive and after that will start a downward movement until the next level. These moves are very difficult to predict, so it updates after a while. always do your research. If you have any...
The idea here is about Nifty 50 Index : My view is Short term Neutral to Bearish (upcoming week) & then bullish for the below observed technical factors. Points as per TA observed on a Weekly, daily & Hourly Chart: Hourly Chart: 1. Bearish Crab Harmonic Pattern observed on a 1H & 4H chart. Target price & Stop Loss provided on chart as per below: 2....
Spotted 155.345 and 162.332 significant areas on the contraction happening in the daily chart. The accumulation has provided three ascending drives alongside divergence occurrence. With this being said, the market is gaining bullish momentum due to how it reacted to the third touch. However, the current price is within the breaker block which is now a delicate...
Been evolving nicely with this pair the previous week and now the market is looking to break the 1h demand zone to the daily breaker block which is also the 4h order block to simultaneously complete the three drives with the final expected third touch. Should the market respond as per this setup, then the bulls shall push strong on this one...
BINANCE:BTCUSDT In my opinion, our trend is still downward and nothing has changed And many people scolded me for this comment and said that I am wrong
this chart is a short time. enjoy your trading and profit
Running nicely to the upside, the market violated the fair value gap with a purpose to develop a retail formation, hence our fair value gap has turned into a support that resonates with the head and shoulders pattern which then the price made a nice retest there to give buyers more momentum. First target was hit at 160.924, now with this move we are targeting...