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EurChf buy DEBUNKED (Buy)Hello traders Back with my diamond patterns. Today we will discuss about EurChf buy. Here we can see EurChf is in a diamond pattern with an embedded triangle. The triangle created 2 waves on the left side. An inverted small V-wave and a regular/larger V-wave. Clearly price is in the other half of the formation and now it looks like the first wave is completing(should be completed by end of the day or tomorrow. And the other wave is yet to form. From what I can see this is a 4hour time frame chart. If you go for this trade you should aim to take profit on the top of the second wave and short it right away. *Do not increase your risk size, use same risk*!! Good luck if you take this trade. This isn't a financial advice, just a guide and opportunity that has presented it self. Use sensible risk please!! Good luck follow me for more future analysis!! Thank you
Long
by kenzima44
5
REQ Contrating Triangle 4H Chart LONGHello everyone, On the Request Network (REQ) 4H chart, price has been stuck between the horizontal support and the diagonal resistance for a long time. First of all, the price will break the diagonal resistance in the very near future, and then not surprisingly, it can be expected to retest this line. Initial buy can be made at current levels or by retesting the diagonal resistance. However, it should not be ignored that the price bounces off the lower horizontal support (0.3699) in this process. If this happens, the average can be lowered by buying again at 0.3699. Profit levels are 0.4316 and 0.5143. Please sell gradually while you take your profit. However, the stop-loss area shown on the graph with the purple rectangle should be taken into account, as risk management should always be acted upon. Do not forget to put a stop-loss at a point between 0.3000 and 0.3387, which will give flexibility of movement to the price depending on your own risk management. Farewell
Long
by Victorinox1884
4
Avalanche (AVAX) 4H chart LONG and SHORTHello everyone, I studied the 4H Avalanche (AVAX) chart and noticed a nice Fibonacci ABC pattern in the price movement. It would be much nicer if it would return from 0.50 or 0.618, but I guess the price that once bounced from 0.382 in this pattern will bounce again. I showed the first Fibonacci levels by writing so that the texts would not be intertwined. As seen in the second fibonacci plot, I noticed a very nice point (117.36) where the diagonal support intersects the fibonacci 0.382 level. Although I guess this will be a good buying point, I think it can also be a good breaking point (for short position). In summary, 117.36 entry price or buy for long position, short position and spot, for those who want a slightly more secure entry; 126.97 entry price or buy for long position and spot, 110.36 entry price for a short position. You can examine the horizontal support and resistance lines (yellow ones) on the chart for take-profit and stop-loss levels. Farewell.
by Victorinox1884
1
ALICE Short Term LongHello everyone, A contracting triangle is forming on the 4H chart of ALICEUSDT. It is likely that the falling diagonal resistance will be broken first, (the price may also break the rising diagonal support at the bottom!) and then it will rise to the resistance at an upper point (around 14.10). Approximately 10-12% movement can be observed. Be sure to consider the stop buffer zone indicated at the bottom as a purple rectangle. Have a nice day.
Short
by Victorinox1884
1
THE 4HR 200MA DUMP + A NEW ATH PRINTED AFTERWARDSThis data I have only pulled from about year back. I actually stumbled upon the information one day when I was doing a top down analysis on SPY. Studying data at least from JUN of 2020 until now, using the 4hr chart in combination with the 200MA. I begin to notice a pattern that was occurring. The market seemed to dip in the 3rd week of every other month back to the 200MA. The sell offs aren't really surprising being that market will always correct. What's unique is the "behavior pattern" that it/we showed quarter after quarter. We get sell off into the 200MA, it chops around, then by the 2nd week of the following month, we get a sentiment change and a bull run. The market historically has printed a new ATH every time. This theory once again played out today as of OCT 25th 2021, SPY put in a new ATH. With this run starting roughly two weeks ago. I timed it perfectly and made some nice profit over the last few weeks. My biggest trade actually was #PINS(Pinterest), I banked 497% on that play. I grabbed a 57.5 call with an entry at 53. price eventually broke out & pushed to $66. Trades like that can happen, especially when the entire market is overall bullish. Moving forward, try to keep a mental clock of where we are during each month in comparison to where the market is trading. Could save you a headache or 3.
AMEX:SPY
by DayTraderEarl
Iota - USDT Every day starting with charting!1hr View It has had a few good runs so have used it to day to mark out my support, resistance and trend lines. Every day starting with charting! Purple rectangle - 1 day Yellow - 4hr Green - 1 hr IOTA kicked away from descending wedge and went bullish - Parallell Channel represents this. Needs to break resistance at 1.05 - you could look to trade the channel and take it to 1.10 The next interesting session will be bouncing between 1.05 (if becomes support) and 1.10 If 1.10 becomes support 1.20 is the next point of resistance. Feel free to pass on any feedback on my analysis.
Long
by HiHoCrypto
My bet on silver that wallstreetsilver movement will succesed.Charts show us on monthly and weekly candles clear bullish signs. Daily is a bit trading range from bigger picture. Anyway on 4H graph i marked the Fibonacci levels and daily plus 4H fibs. extensions, match on the same price. That price is a 27. In such conditions on the market i will place another limit order at price 26.550. My trade is based on probability that Silver will sooner reach price of 30 before we fall to 25. Although I personally believe that silver will this year break that 30 lever mark, mainly due to rising inflation and that movement Wall Street Silver. I highly recommended Wall Street Silver youtube Channel or Arcadia Economics for more information about silver market,miners.
FOREXCOM:XAGUSDLong
by Exly11