ADX is looking really good, and, for me it seems that is warming up for a run! Let's go directly to the action and take a look at this chart!
· as you can see there is a harmonic pattern forming ( three drives pattern)
· MACD and RSI are bullish
· we have a divergence
· there is a W on a daily chart(1D) and if you put on a weekly chart (1W), you will see that...
Considering the SHS patter present in the Daily Chart, and taking advantage of this small correction, I think this is a good point for a short entry looking for a good amount of pips, what do you guys think?
Hello TradingView Hello everyone!
Euro starts to drop today. The pair is now more bearish.
We have on chart broken support, Bearish wave and test support at triangle pattern bottom.
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Wish you profitable week!
Gold - looking for bottom!
Possible support levels is:
1200 USD
1180 USD
The lowest entry point gonna be at 1135 USD
Any way we gonna see one of one of the fastest and largest movments that we got last 2 years!
So after more of 150 USD price down , we can expect an increase from 40 to 120 dollars!
One of the best points to open Long positions is NOW!
It could drop further if it will close and stabilize below the sliding line (SL). The next downside target will at the median line (ml) of lower at the 150% line.
You can sell it only if will make a valid breakdown below the SL because a false breakdown or a failure to reach it again it will send the rate higher on th
A potential bearish butterfly pattern is completing soon, RSI is reaching overbought level as well.
Good R:R at 3.1 (TP1), not optimistic about TP2, so not adding TP2.
Good luck and have a good week ahead.
I am not a Professional trader and this is not a trading signal. It is just a trade that i entered.
My reason for entry:
-price rejected support multiple times and produced a pinbar.
Intraday/Swing
Just testing myself, But Could be a strong possibility considering the volume and all.
Constructive criticism is always appreciated.
Thumbs up to support,
Thank you.
May the force be with you.
XRP/BTC peaked at 0.0002203 on 1/4/2018. Recent price correction was expected and it occured at 0.00015434.
The new support & resistance trend lines have formed at 0.000169 & 0.000158.
It remains to be seen if the new trendlines will remain bullish and stay ascending trend lines as seen in the bright neon green color.
Or it may continue to stabilize...
LTC generally traded between 0.014-0.019 in recent months. The same pattern has developed again! LTC/BTC is always so darn predictable. FYI, In 2017, LTC/BTC had a predictable run between 0.01 to 0.02 BTC. Take a look from Jan 2017 to Now. It is pretty amazingly reliable.
Latest resistance has formed around 0.0186...prior resistance was located at 0.019...
Based on my Fibonacci & Technical analysis, recent downward in price is a reflection of recent surge in price.
From Jan 2-5, TRX went from $0.006 to $0.28 during an explosive upward rise.
This has been followed by the predicted downward price correction before the next big run. My prediction is that the price will find its new support line located at $0.15...
If we look at the daily chart of Ardor, we can see that the market is at the support zone. Price bounced from 0.000030 support level and diverged with RSI. We have a reversal signal based on a bullish divergence.
We can open long trades above 0.000029 level with stop orders below 0.000027 support level.
The Patterson-UTI stock has been in an intact downward trend since April of this year, a trend which really picked up the pace in particular towards the end of July. Since the last strong downward movement, the stock of the company has now recovered well and corrected almost one hundred percent. Currently, we can already see the first signs that it could go in the...
The Patterson-UTI stock has been in an intact downward trend since April of this year, a trend which really picked up the pace in particular towards the end of July. Since the last strong downward movement, the stock of the company has now recovered well and corrected almost one hundred percent. Currently, we can already see the first signs that it could go in the...
