l8nit3-tr0ubl3

l8nit3-tr0ubl3 Updated 

There is an ascending triangle pattern nearing the top on BinanceCoin/Bitcoin 4HR pairing. Although we are near the top there is still some room left for another down move before actually breaking, meaning we are NOT ready to trade quite yet. Triangles are generally a "bilateral pattern" allowing for a breakout in either direction, however the ascending ones...

l8nit3-tr0ubl3 Updated 

As we can see looking at the GBPJPY chart, it looks like a very obvious rising wedge pattern is about to break, with an acceptable volume push. Once a bar fully breaks below the pattern (risky), or after one full bar has opened and closed below (fully confirmed) we can enter. Our target should be approximately $2.88 move or around 2.1%, multiply that by our...

l8nit3-tr0ubl3 Updated 

We see a breakout of a Descending Triangle on our 4HR Gold chart. We have already broken the top, and are currently retesting. Once weve seen the top of the pattern hold for at least this bar + one more, we should be ready for entry. Target from original break point should be around 210$ X our chances our reaching the target (0.64 or 64%) and we get a span of...

l8nit3-tr0ubl3 Updated 

Hello again TView, Although I generally stay away from stocks, this seemed to be a pretty obvious pattern. We are just breaking through the neckline of a fair sized Inverted Head And Shoulders pattern. This particluar Ih&s covers about a 15% move (~15.43$) , multiply by the chances of actually reaching target (71%) and we get our TP TP: 10.95$ or ~9.5% SL :...

l8nit3-tr0ubl3 Updated 

Looking at the German30 we can see a solid rising wedge pattern formed, and running out of room. Although we are not ready to enter a trade quite yet, we can start planning our trade now. Should there be a downside break as expected the pattern shows about a ~520$ move should be expected. Multiply that by our chances of reaching the target (0.63 or 63%) we get a...

l8nit3-tr0ubl3 Updated 

EURJPY is nearly breaking the bottom of a small rising wedge. Once we have a solid break (close beyond bottom line) a riskier trader can enter a short position. A more conservative trader would wait for one full bar to close below the pattern. We can see the size of the pattern is about $1.149. When multiplied by our chances of success (0.63 or 63% we get an...

l8nit3-tr0ubl3 Updated 

EURUSD pair is currently within an ascending wedge pattern. Although we are not ready to trade yet, we can start getting our basic trading plan together. When it fully breaks and is confirmed (looking for downside break), we can expect a move of about 0.01198 or 1%. Take our 0.01198 and multiply by 0.63 (actual chances of reaching target) and we get an expected...

l8nit3-tr0ubl3 Updated 

Silver has broken a clear ascending triangle on the 4HR. Should expect a $2.61 move based on the size of the pattern * 0.70 (chance of hitting target), making our goal ~1.82 or 7.5% TP: ~26.10$ SL: Last lower bounds touch of triangle or ~23.00. Bonus, this pattern takes us into a solid past resistance at approx 26.50, which if broken could lead to a mid term...

l8nit3-tr0ubl3 Updated 

The nas100 has just broken the neckline on an inverted head and shoulders pattern. After MULTIPLE attempts at the neckline, it seems to have finally broken through, and confirmed with multiple closes beyond our neckline. Our textbooks say the pattern should give us an 805$ move * 0.71% chance of reaching target, meaning ... TP: ~12125$ SL: ~11220$ Which puts our...

l8nit3-tr0ubl3 Updated 

Swipe (SXP-Perp) is showing a slightly off Ih&s n the 1 hour chart. Looking closely it looks like it has broken the neckline and is currently retesting to find support. If it plays out the textbooks say our TP should give us a 20% move or 0.23 cents, however once we multiply that by our percentage of meeting target (71%) we get 0.164 cents or 12%. TP: approx...

l8nit3-tr0ubl3 Updated 

Currently TESLA stock seems to have formed a nice symmetrical triangle. Now , we still dont know direction yet but based on our TP calculations, we know were looking at a 20-30% move if this pattern plays out (~20% up, or ~30% down). With that said we can get a basic trading plan outlined. We have had a lot of upside movement lately so I will be expecting it to...

l8nit3-tr0ubl3 Updated 

Nexus currently attempting to retest a break of a falling wedge on the 4HR. Target: 392 sats * 0.62 % chance of reaching target (see link below) SL: Recent swing low Once the breakout is confirmed, we should reach the 1950-2k sats levels again and hopefully begin a slow climb uowards. Percentage of successfully hitting target from: thepatternsite.com