SpaizThaGod

SpaizThaGod

Waiting for 1-hour retrace candle on the high of the H4 flag to take a sell entry all the way down to the 90% rule of the previous ascending channel for a 19%+ target.

SpaizThaGod

Price gives a clear head and shoulder setup signaling a sell position. Let wait for the right shoulder to complete.

SpaizThaGod

I'll be making 7%+ plus on this setup should price close with a full H4 candle and a mini correction print on the H1

SpaizThaGod

Waiting for a full H4 candle close on either the high, the expanding pattern or the exterior pattern to confirm our short entry.

SpaizThaGod

Patterns are the most accurate form of trading. So clean and comprehensive. Falcon strategy

SpaizThaGod

Price playing out as expected. I previous had it that price might form a continuation pattern above the highs as drawn and move to the upside however, it might drop back into the structure and give us a correction inside and go down.

SpaizThaGod

Equal touches from either sides(2 touches), will we get a 3rd touch on the low? Definitely.

SpaizThaGod

Solana follows BTC as many other tokens do. My analysis on BTC is congruent with this.

SpaizThaGod

BTC obviously on a downtrend as shown by the descending channel. We've had a minimum of two(2) touches from the highs and the lows respectively. Price looks good for a buy as it approaches the highs for a touch one more time to complete the falcon pattern(three touches) before selling off as three touches have the highest probability.

SpaizThaGod

We see patterns within patterns. The large pattern serves as the parent pattern while the patterns within it are the corrective structures which signals a huge sell off all the way to the 90% rule.

SpaizThaGod

Gold approaches a vital point where the hedge funds tend to get retail the traders on the wrong side of the market by breaking the highs or lows (high in this case) and then move price back into the structure to complete their agenda. In falcon strategy, we have a way to filter such scenerios. A high or a low is consider broken only if a correction comes above or...

SpaizThaGod

Overall descending channel. Price gave us a third touch on the supporting trendline of the pattern, moved to with an impulse to the upside and gave us a continuation pattern (correction) to signal a buy entry. In falcon, price moves in two forms: impulse & correction. We had our first impulse and correction so we're now expecting another impulse to the upside.

SpaizThaGod

Descending channel(chart pattern) indicating a downward trend on the H1.