lzafloba

lzafloba

#crypto #Cardano #ADAUSD long time-frame: H1 Entry: 0.5930 TP1: R/R = 1

lzafloba

#forex #AUDUSD long time-frame: H1 Entry: 0.6574 TP1: R/R = 1 based on wave + price action analysis

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#forex #usdcad short time-frame: H4 Short Entry: 1.3449 TP1: R/R = 1 stop loss and TPs are depicted in the image.

lzafloba Updated 

4h time-frame: strong fall and following correction with compression created a resistance area at 0.618 Fibonacci retracement. 15h time-frame: A Quasimodo pattern detected.

lzafloba Updated 

daily logarithmic time-frame: A triangle formed with lower highs and and same level lows known as support area. meanwhile with eye on 4h time-frame, If today's price candle closes under the support area go for short with 0.12 as Stop loss and 0.067 as first TP. Trail the second TP, if there is!

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4h time-frame: price retraced to 0.786 of the previous fall. 1h time-frame: during this correction movement, a channel formed. A head and shoulder pattern shaped at top of the channel. Breaking down the channel and the pattern in 1h time-frame convince me to start down-trend in 4h time frame.

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in daily time-frame there is a resistance area. in 1h time-frame after a heavy up-trend, price created a down-trend channel. if the down-trend channel breaks up, we can go long after pull-back and wait for breaking up the daily resistance area. 1st TP and stop loss shown on chart.

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15m time-frame: a five wave movement detected as wave 1. after a short correction as wave 2, price breaks the top of wave 1 as wave 3, the probable target for wave 3 calculated with Fibonacci projection. stop loss is end of wave 2.

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4h logarithmic time-frame: after a heavy fall, price starts to create a corrective compression moving pattern inside a downtrend channel. we can detect bunch of RD+ divergence(bullish divergence) in many indicators such as MACD and RSI. due to DXY and Gold prices we wait for breaking up the channel.

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there is a strong up-trend in upper time-frame. in 15m time frame the support line breaked and it seems its a false break that can shape a diamond pattern.

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daily time frame: A harmonic pattern named shark is about to shaped plus we can draw a channel to determine the turning point.

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Daily time-frame: a harmonic pattern shaped plus a false break out of the support level.

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1h time-frame: a Quasimodo pattern shaped right on the resistance line. go for short using stop order not instant! SL: breaking the resistance line. TP: 0.6591

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daily logarithmic time-frame: 2 signs of down-trend we have: failed to reach the pitchfork's middle line and a strong resistance area. go for short with the SL and TP shown.

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daily time-frame: down-trend 1h time-frame: a head and shoulder pattern shaped and is about trigger.

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4h logarithmic time-frame: in the down-trend we can distinguish 4 waves and the 4th wave shaped a pattern named Wolfe exactly in the fibonacci retracement 50%. this means go for short in wave 5.

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daily logarithmic time-frame: Fantom is in correction phase. probably 3 waves of correction will be. 3rd correction wave's target calculated with fibonacci projection of wave 4 from the impulsive big wave. go for short in daily time with the stop loss fixed.

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Weekly logarithmic time-frame: An impulsive wave consists of 5 sub-wave shaped through a channel and wave 4 overlapped wave 1, this means than the probability of breaking down the channel is high. Finally channel braked down with the red candle closed. go for short.