I have another ab=cd pattern on my radar. Lets see if price action allows for me to take a short
pattern about 1 week from completion, will await price action before entering
I noticed a daily ab=cd pattern looking to be completed at around Apr.. Now im not much of a long term trader, however if at the time of completion and prz price action, I might have enough equity to potential hold a portion in this one trade. Also considering trading the CD leg, once price breaks major daily resistance of .382, and price area ive outlined with...
potential AB=CD trade set near completion. C point just apove 50% retrace, BC projection 2.0% If i am wrong, please feel free to correct my numbers
it is crazy how the study has forced my eyes to instantly notice a potential AB=CD this one is bearish, completing @ 111.769, with the BC 1.27 projection near pattern completion point possibly will trade the cd leg if confirmation of an uptrend presents itself or i will wait for PRZ price action at completion point before entering
potential head and shoulders, just waiting for neck line break before buying
A shift in C point has occured in my opinion. Previous stated point above was not to far off the .786 retracement, however another bar has reached to the .786 retracement almost to a T, the blue line on CD leg is clone of AB leg line, BC projection is still the same @ 1.27%
.84806 D point, waiting on completion and price action around PRZ
waiting for completion of right shoulder, then break of neck line
I have a potential bullish AB=CD pattern on my radar D point @ 86.308 with a projected 2.0% BC Waiting for completion and price action around the PRZ
Not an exact .50% C point retracement, however not that far off. Not sure if an overshoot of the percentage disqualifies the pattern. If someone has any input on whether or not this would be valid, please feel free to comment
Daily trend line has been broke, waiting for solid retest, then considering short position
Price seems to be in a downtrend at the moment. Price can potentially continue down to daily support @ around 108.636 great short opportunity. If price breaks channel and heads north I will wait for break of daily support level before considering long position
Price will continue its uptrend along trendline I see price bouncing at .707 Fib level, and my thoughts is that it will continue its uptend path
Waiting for retest of upper trend line before considering long position
looking to short this crypto pair Possible retest of daily trend line, waiting for confirmation
any ideas are welcome, unsure how upcoming annoucements will affect the market
Expected retrace back down to 4hr trend line, recieved signal for long, stop reached (i expected), so potential for price to drop to trend line. Third trend line touch, predicting (wanting) for price to rise back to resistance of trend line. Price could also drop to lower daily support line, if so, then will re-evaluate trade idea.