#BTC might do ascending triangle alright, so the first plan has worked out perfectly so far!! 3drive was perfect caught the short but missed long entry by 100$ (will haunt me forever)
cleaned up the chart & looking at it, it's possible that we might form an ascending triangle here I am waiting on red resistance to test & reject
3drive idea is still valid & it is possible that we might reject from 64xxx dump down to 40xxx
I am a trader, the way I make money is longing & shorting so as long as we catch the 10% move on 10x I am happy chappie :)
waiting on next few daily closes to decide but so far we are about to hit resistance & I am not interested in longing here
Three Drives
BTC target and PRZ predictDue to three reason to predict BTC route.
1. BTC had been run a two drive(at Day figure),if the third drive complete ,it maybe produce a strong PRZ at 73000 ; in three drive pattern, I can predict BTC will retracement to 0.236 fibonacci number( 0.786 retracement ) if the three drive complete and the price reach 73000.
2.now the 4H of BTC has form a 0.382 retracement , and if the support be strong , the price maybe will go to 1.382-1.5-1.618 fibonacci numbers(in bull market);then, the 4H 1.5 fibonacci will superposition to the Day of three drive ; due to fibonacci numbers in two different scale, the strong PRZ will come out as posible.
3. Elliot wave theory's third wave is coming, when the third wave end, the trend will reverse to short.
EURGBP BAT Harmonic PatternLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
USDTRY is getting close to the buy zone once againIn our last USDTRY analysis we spotted the reversal at 6.90 zone correctly. After realizing out profits there, we'll try to get them back just under 7.20 level.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
Sunday Funday Anyone? BITCOIN! (BTC)Wow! What a great result from our previous analysis, make sure to check that out below.
I hope everyone is doing well. Here is a simple idea, of how bitcoin may make a sharp recovery as traditional markets reopen today.
It's just an idea, use your own judgement =)
CADJPY weekly view
You have any hesitation above the chart
Have any glitch on the nzdchf weeklieas chart ? i hope traders can properly indentify my charting glitch !
CADJPY will be gone moon !
#CADJPY Where will be arrived?
CADJPY BULL prive movement prediction ready i believe that .
CADJPY mine own perspective so what's your opinion on the nzdchf price movement please comment in the below section
GBPUSD Possible 3 drives or H&SGU is currently at a support zone where it is failing to hold below the zone. if price breaks and continues down this will be null and void as it could for a head and shoulder pattern. However if price pushes little lower and then reverse it sill push above the previous Resistance zone look for the 3 drive pattern.
GBPZAR Weeklies View The market
GBPZAR mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
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GBPAUD long SWING TRADEConfluences:
-W pattern
-Price respecting fib levels
-Price re-entered previous daily trendline
-Enter on continuation with a buy stop
-Good Risk-Reward
-AUDUSD hasn't retraced in a while so weak AUD should correlate with GBPAUD going higher, also the pound has been really strong lately
-Take profit will be in the second zone, I'll take partials at the first zone
ZECUSDT going BearishZECUSDT
Has been able touch 3 times at the resistance level. And we expect a big shoot to the support zone sooner. It has be going in a descending order for days or even weeks now after reaching the upper resistance level. And it is falling back to the support zone.
In this 4hrs chart we can also see the bigger picture of where ZECUSDT has been going for months now, and has been maintaining the chart pattern.
So for traders,You can trade on this now and take your profits at the support level which is been displayed in the chart. INVESTORS can wait till it reaches the support zone then Buy it.
For More charts and questions, visit my profile and also comment if you have questions.
And don't also forget to followup for quick view when I drop a good chart.