4H chart revealed nice flag pattern which top of it is at the psychological level 0.0001000000. I zoomed formation (see the bigger green rectangle). Market is in favor of short sell for time being. It is very rare for any pair to finish chart like this and I would expect that the pair will try to reach the lowest low formed within the last 6 months. I would...
Quick trade small risk based on double bottom on 5 min chart and double bottom at 15 min chart. Also there is failed attempt to go beyond this level.
Patterns and S/R levels are marked. Would love your feedback.
I marked something similar to triple bottom which snuggest that the psychological number 0.05000 created solid support which hold any attempt since 1st of April. There is nice strong movement and flag pattern(marked with dotted lines) on 4H chart. I would expect from this price action that the pair will move higher and I would look for TP around 0.077000 level. It...
I was on long holidays so that’s why there is a gap in my activity on the tradingview. ETC like most of the crypto made strong push towards north. ETC is in consolidation for almost month. There are few important levels to watch. 0.0005300 which is close to the psychological level 0.000500 and it is highest high from the 1st of May. I marked with dotted lines...
Wait for either long term uptrend or short term downtrend to break then trade with that. Also make sure to be checking the Daily and Weekly chart before trading this
volume surge on tripple bottom wedge breakout could look to go long with generous stop or wait for pullback
There was strong movement at the end of January. Fibonacci retracement was reached at 14.60% which is actually important level. Pair created triple bottom and then moved up again. GAP created on October 2016 stopped all gains twice (purple ticks) which is telling us that market recognized this level as the strong support/resistance area. Recently pair managed to...
09th of March pair finally moved north after third rejection of strong support (three orange ticks) . Support is based on the Gap from beginning of June 2016. Pair is moving in range between 0.001500 and 0.0090000. I marked with two black parallel lines GAP which should hold further losses. This place is also very good entry point with SL set just below 0.008500...
Triple bottom forming on 61.8% retracement which is a good support area. Expecting price to break out of the triangle and target the 165 area.
What I see here is quite interesting triple bottom formation. First two are quite common while the third attempt looks a little bit dramatic with big doji candle on daily chart. All three attempts are stopped buy round number 0.00010000 which are very respected in crypto community and most of the time are treated as very strong signal to buy. I would wait for...
Hey traders, here's another setup I will be watching this week. I will wait until tomorrow morning to see how this plays out, just to make sure price isn't going to break down any further. We have divergence on the MACD indicator, as well as a triple bottom. I could definitely see price breaking down lower, but I am going to assume that price will take the path of...
Apple stock has produced a triple bottom pattern or maybe even a cup with handle, this is backed by there being some form of flag/handle, this means BUY when it breaks resistance which it has. This is backed by the COPP curve being in positive, showing a increase in trend. But if the earnings report is bad then I recommend selling immediately as it would...
Hello guys, Today I have a VERY interesting bullish opportunity for you guys on the USDJPY 1H. We currently have a triple bottom lined up with previous structure AND a cypher pattern completion at that same level. So I am using the cypher formation to justify my entry into a bullish trend, otherwise I would have requested an additional signal. I will not be...
Triple bottom formed on 4 hour / daily time frame. Price broke out of resistance for this formation. I think a retest of 1.4288 area, then back up - overall movement to area around resistance trendline.
As everyone well knows, AUDUSD finally reversed as I have been predicting for several weeks as price was barely moving at the top of the uptrend (4h/daily) AUD weakness against the USD may indicate further strength of EURAUD. I spotted what may be a triple bottom setup, and price has broken the resistance of the structure. Still trying to find a good entry...