in the loving memory of my child muffin i present you this is intraday trade ..... it have bullish harmonic pattern and support from the 4 hour candle time frame ... wait for the right movement and after that boom
In the loving memory of my child Muffin i present you this chart analysis ... if you can see this chart have multiple confirmations and you can take trade after the rejection from support... if my chart analysis helps you then please help me by giving a like that " LIKE" is very precious for me it would help me to buildup my reputation...
thanks happy trading...
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You...
In the loving memory of my child Muffin i present you this chart analysis..
this chart have 3 confirmations
please take long position after the BULLISH CANDLE..
if you like my chart analysis then please do like me it will encourage me to do more hardwork and chart analysis
On daily time frame, RSI is making lower highs but the price is making higher highs. That in my experience is a bear divergence with clear rising wedge pattern. Keep an eye on all the price levels when ETH breaks down the triangle. The only thing that can keep this from happening is announcement of L2 or ETH2 merge on ETH mainnet
In the loving memory of my child Muffin i present you this chart analysis...
this chart have 3 confirmations
PLEASE WAIT FOR THE RIGHT MOMENT [ if it break the resistance then you can take trade with 90% confirmation
if you like my work then please do like me it will help me alot and encourage me to do more chart analysis for you...
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Ethereum is taking support of trendline.
20 DMA below price level. Could be a good support until broken.
If 20DMA broken, then we may need to reconsider buying level.
If day's candle closes above previous day high, then its a buy.
RSI is approximately >60
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical...
risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
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