USDCAD Entry Price 1.35415Price pulled back to EMA 10; EMA 20; Pivot Point; Channel Resistance. Enter market at 1.35415.
Parallelchannels
BITCOIN parallel channel and more range 📖💡Hello 🐋
Based on the chart, the price is close to the support area and stick in the range zone ( parallel channel ) ✔️
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line resistances 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Trend Channel Early Direction and Best Entry NIS- Nava Imbalance Strategy -
Using Only Price Action, We can find the best entry to catch those HUGE returns!
This is how to detect early direction and perfect entries and exit points using Wycoff method. (on diagonal trend channels not support/resistance)
This Wycoff pattern will create imbalances on parallel trend channels.
IMBALANCE (price moves outside of trend channel then returns.)
First imbalance is showing who is in charge regardless of trend channel direction.
Example
-IF first imbalance is on top, & trend channel is going up, Look for entry at new imbalance #2 at the bottom of trend channel to catch biggest move. Best Entry = @Fakeout / Safe Entry= @ return to trend and retest trend line.
-IF first imbalance is on top, & trend channel is going down, Price will move with trend until higher time frame trend channel line is hit. Price will then start to return to imbalance below slowly.
This pattern repeats on all trend channels that have been correctly placed.
- We find correct channel placements by making trend channels from daily down to entry time frame.
- Hide higher timeframe trend channels to see better in the lower time frame channels but will need to see where they are as price approaches the trend lines.
- Trend channels like to continue the push of a trend until bounce of higher time frame trend channel lines to follow higher trend channel or breakout.
You can follow price with trend channels once you have entered until price starts making imbalances in the opposing direction.
AUDUSD Target Price 0.67673Initial entry was 0.66650. Currently, trailing stop loss to target price 0.67673.
Parallel Channel Tool For Entries And TargetsConnect three points using the parallel channel tool. Enter a trade at the third point. In this example, the third point is a bearish candlestick at channel resistance. Enter a trade at the 1.58898 for this example. Set Target Price at the channel support.
USDHKD | Parallel Channel | Pivot Point | Exit Price 7.81238Target Price 7.81238 Entry Price 7.77847
TESLAHello & welcome to this analysis
In the monthly time frame we can see the stock has broken and continues to trade below the Ichimoku Base line support, suggesting a likely test of the Ichimoku clouds in the coming months.
In the weekly we can see a Head & Shoulder formation with the right shoulder withing a parallel channel. Sustaining below $205 (weekly) this could break all the way down to $150 before any relief / value buying comes in.
Short term bounces here there might come due to oversold zones, but overall structure has become very bearish for the medium term.
BTCUSDT next target is 18KAs we said before the price is near major support zones and each support mentioned on the chart now can stop the price from dump and soon we are looking for pump here to the targets like 18K$ and 22K$.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Luna - Technical Analysis- compared to Ethereum EthThis is a good example to Analyze Eth chart pattern. Even Eth is making something similar parallel pattern in a longer time frames.
Generally, after the 2nd consolidation it should Break out from the channel, if it fails and making Bearish Divergence in the rsi, high possibility that it will break down from the channel.
This doesn't mean Eth falls in a similar fashion as Luna fell down, but i took Luna as example to explain the movement in the parallel channel.
Ethereum most probably make one more cycle in the next bull run and make bearish Divergence in rsi or Mfi and break down from this channel.
BTCUSDT - Levels usudally After a Dump Comes a Dump. Important to stay grounded and know your levels. How that Fib ? Deadly!
NZDJPY - overall bearish price action.HTF Bearish
LTF Bearish
Strong Reversal impulse followed by correction
Double Top
Price currently in consolidation, Looking for sell opportunity towards top of LTF continuation.
Thanks
Trade Safe
#BNB REACH TO $45 ... SEE THIS ANALYSIShello guys...
i know we are holders and its hard to analysis our cryptocurrencies this way but we should see it clearly, all sign show bearish movement at market! unfortunately...
bnb had formed a QM pattern and there is a chance to get back to QML.. that level is good for getting a short position or selling your bnb...
but maybe this crypto currency do not make a retrace movement and fall from here!
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
BTCUSDT near major support As we said before major supports for the price now are:
A. 16500$
B. 16000$
C. 15600$
if the two first supports hold then we can expect a range market and short-term pump here but any breakout to the downside from support B can make the market bearish and cause dump.
now that price is above support A we are looking for rise and gain here like the green arrows.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
BTCUSDT - Small time frame Small time frame fibs .. Channel . Zoom in. Fibs drawn from swing low to high and swing low to high.
The December top was drawn in AprilIn retrospective the exit zone above 12,230 was a strong spot to sell. We can see on this chart that the December top was the same parallel channel drawn down from April. I don't see this channel continuing forward, however I do see us entering under 11,000 shortly.
Conditions For A Great Trade Set Up using Pivot Point Pin Bar. Three consecutive volume bars increasing. Parallel Channel. Pull Back. Pivot Point.
Trade Pivot Points and Parallel Channels with 3 PointsWatch for pull backs to the pivot point level. Next, use the parallel channel tool to determine entry points and exit points. In this example, connect two higher lows and one higher high to create a "potential" Parallel Channel. The intersection of the horizontal level and diagonal level with pin bar makes this special trade set up a high probability trade.
TSLA Major Confluence Long Signal!Going to keep this simple. We have a touch on the bottom of the descending parallelly channel, a major horizontal support line, and the golden pocket. This is a very bullish setup for TSLA to bounce. Stops should be placed below golden pock with the right position size and risk management to protect your account incase the bears manage to push the price through this major support.
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
My Price Analysis of LINKBTC on December 10, 2022Hello friends. Today, according to the LINKBTC chart, I noticed that the chart is generally going down and I have drawn the short-term channel in the 1-hour time frame. The formation of EMAs of 50, 100 and 200 assures that the market is bearish. On the other hand, this arrangement is being formed in the 2-hour time frame. On the other hand, the MACD indicator gives a buy signal. My analysis of this signal is that it can either be a fake signal or a short-term signal that will return to its downward channel after encountering the upcoming resistance. and continue its downward trend.
Harmonic Pattern with Multiple Confluence for Point X and DThis is an example of regression channel with harmonic pattern.
By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly.
There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete.
For Point D, best to monitor price changes using RSI or other similar RSI (Cyclic RSI, etc).
Indicator used :
1. Regression Channel Alternative MTF
2. HH-LL ZZ
3. XABCD Harmonic Pattern Custom Range Interactive
4. Simple OHLC Custom Range Interactive
5. Cyclic RSI High Low With Noise Filter
S&P - Break the Pattern - Cycle, Trend Fibs and channels .. The lower the better .. I think a fake out to the lower side... Then flip to rally.. Your move
Dow Jones Industrial Index - Sketch Long Term - Tough Market!Dow Jones Industrial Index - Sketch Long Term - Harmonic pattern. Without Monthly, Weekly, Daily levels. Be interesting to draw these Support resistance levels for confluence. My idea.
