Here in this video i show you how you can make profit using using quasimodo pattern . I explain how you can apply it on your chart and take advantage using this strategy . Practice very well before using it and apply risk management
Hi, bitcoin following a curve, did give some valuable insight about the bitcoin resistance through patterns in my last idea also talked about the supporting patterns there , well nearing the end of year, will give my monthly and weekly levels in below graphics , bitcoin already took resistance from 2024, 12M level, nearing the resistance and support level for the 2025
https://www.tradingview.com/x/gUInqDRG/ If you decided to trade today, there is one potential shorting opportunity for Gold. Following my recent update, the price is testing a recently broken daily horizontal structure at the moment. On an hourly time frame, the price formed a tiny double top on that. 2621 - 2625 is its neckline. To sell the market with a confirmation, wait for a bearish breakout of a neckline and an hourly candle close below that. Sell aggressively or on a retest then. Targets will be 2608 / 2600. If the price sets a new higher high, the setup will be invalid. ❤️Please, support my work with like, thank you!❤️
To be a winner in 2025 you need to a buyer now. I am going to share a simple trading strategy for the Altcoins market. It can apply also to Bitcoin but for Bitcoin there is need to wait until a support level is established/confirmed. Good evening my fellow Cryptocurrency trader, merry Christmas in advance. To be a winner in 2025, a big winner, you need to be a buyer in 2024. The market has to undergo more consolidation before the next bullish wave. This is normal, here is how it works: First, we had a strong bullish wave. This bullish wave invariable ends in a correction. This correction leads to consolidation and this consolidation leads to a new bullish wave. When the new bullish wave develops, two months from now, there will be another correction and this correction will be followed by additional growth and a major bull-run. This is a long-term perspective. You cannot buy when prices are going up or after the action is in. This would limit your potential for big wins. Here is the strategy simplified: Buy and hold with a waiting time approximating three months. By three months, we are green with 1-level up or 100% profits vs our current entry price. This is a generalization. Some pairs will be at 300% profits while others will be at 20%. It will take 2-3 months for full green and 4-6 months to close a full successful trade. So we are looking at a time horizon of six months and a half for successful spot traders. You can win 400-600% easily on each pair, if the choice is the correct one. We had a preview just last month ending this month. A very long consolidation phase between July and October led to massive growth. We saw some pairs quadrupling or more. Even the big projects with billions of dollars worth of market cap grew several levels, which is amazing. We had a preview in 2023 when everything grew 500%. We have experience from 2021 when the market produced its previous bullish phase. We know what is coming; We know how it all happens; We can prepare in advance. Crypto is going up. We are looking at an awesome opportunity for those who decide to buy and hold. There are many ways to approach the market. This is just a general strategy and must be adapted to your own capital, trading style, risk tolerance and goals. This is not financial advice. You are appreciated. I welcome your continued support. Thank you for reading. Namaste.
Hello Traders. Looking at Tesla you can see many things that show Tesla is positioned to launch from here. 1.Previous times on the 2Hr since November when the 20/50 EMA crossed(DeathCross) Tesla went up shortly thereafter. It just crossed again. 2. Tesla recently broke out from ATH... but in the last few days came back down in a much needed cooling off and retested the breakout price and has bounced. This is MEGA bullish in my book. 3. You can clearly see an inverse Head & shoulder as well... 4. Bounced off the 2h 100EMA and Monthly VWAP. So without even showing other indicators ,which agree as well, You can clearly see Tesla is positioned for another mega bullish run. We could see 500+ by end of Christmas week.. and it heading even higher into the new year.
spotted a bullish Cypher pattern on SPY’s daily chart, and it looks promising. Entry: Current Market Price Stop Loss: 575.50, just under the D-point, to give the trade some breathing room. Targets: All time high Ideas and Inputs are welcome. Thank you for dropping by. Disclaimer: This analysis is for educational purposes only and is not financial advice. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always do your own research and consult with a financial advisor before making any trading decisions.
Expecting a move up to approx $100k. High risk trade. 30% chance of success.
? Overview: The S&P 500 (SPY) is signaling a bearish reversal with technical and momentum indicators aligning for a potential decline. A completed 5th wave top, coupled with a breakdown from the bearish wedge, hints at deeper corrections in the coming sessions. ? Technical Analysis: Elliott Wave Count: SPY has likely completed its 5th wave top, marking the end of the bullish cycle. Bearish Wedge Breakout: Price has decisively broken below the rising wedge's trendline, a historically reliable bearish signal. Momentum Indicators: - RSI Divergence: Clear bearish divergence as price created higher highs while RSI formed lower highs. - MACD: Loss of upward momentum, with the MACD histogram turning negative. Fibonacci Targets: - Retracement Zone (B): $598–$606 (61.8%–88% retracement of recent decline). - Target 1 (C): $570.35 (1.0 Fibonacci extension). - Target 2 (C): $559.67–$553.07 (1.382–1.618 Fibonacci extension). ? Macro Sentiment: Interest Rate Concerns: Continued hawkish rhetoric from the Federal Reserve could weigh on equities, particularly as valuations remain elevated. Economic Slowdown: Weakening macroeconomic data and potential earnings downgrades in early 2025 could amplify selling pressure. Seasonality and Risk-Off Trends: End-of-year profit-taking and increased geopolitical risks may favor defensive positions. ⚡ Trade Plan: - Short Zone: $598–$606 (retracement of recent sell-off). - Stop-Loss: $606.82 – Above the 88% Fibonacci retracement and resistance. Targets: - Target 1: $570.35 (solid risk-reward). - Target 2: $553.07 (extended move aligning with wedge breakdown projection). ? Considerations: Monitor economic data, including inflation, GDP growth, and job numbers, for additional confirmation. Watch for further MACD weakness and RSI failing to reclaim bullish momentum levels. Do you think SPY will see a sharper correction, or are bulls likely to regain control? Share your insights! ??
Same as EURCAD, we have a zone of strong supply and unfilled orders which may active sellers who missed the original drop. a healthy bearish trend is a plus, however a mini bullish trend has been started so this trade is somewhat more risky than EURCAD
Presence of strong supply zone in 1H in addition to a health bearish trend