- NIFTY 50 did BOS on HTF. - Forming Head & Shoulder Pattern at the top. - Taking a short position here with Stop Loss above the invalidation level.
- ALICE BTC is forming Inverse Head & Shoulder pattern on 12 HR Chart. - Wave 1 & Wave 2 completed and Wave 2 retraced to 0.618 FIB Level. - Already took small position will add more if it comes down with Stop Loss at 20717 sats. - Also, will add more to the position when it breaks the bearish Price structure and turns out bullish when it cross wave 1 Top. -...
This idea is to keep track record of Patterns. Not an Financial Advice.
- This is just for Keeping Journal. - Let's see how this plays out
- HINDPETRO is close to breakout from Neckline of Inverse Head & Shoulder Pattern.
TOMO/USDT - TOMO/USDT broke out from the resistance. - Loading long position on support zone. - Keep Stop Loss at 1.16$ - Target 1.80$
- CVC/USDT forming Inverse Head & Shoulder Pattern. - Right Shoulder formation as Triangle ( consolidation below the resistance) - Buy : 0.16100 - Stop Loss : 0.15063 - Target : 0.24
- Broke Out from the triangle. - Resistance now flipped as Support.
-AAVE/USDT forming Inverse Head & Shoulder Pattern on 30-60 Min Timeframe. - Right shoulder forming as triangle ( which shows consolidation below the resistance in triangle) - Will open a long position on triangle breakout and add more once it breaks the neckline of Inverse Head & Shoulder Pattern. - Expecting a move towards 160-170 (Height of triangle) - Stop...
- TRX broke out from the neckline of Inverse Head & Shoulder Pattern. - Target = Height of Head. Find your SL as per your RISK.
- IHS on Higher Time Frame is forming Inverse Head & Shoulder Pattern. - ICX need to stay above on $0.43 on 4 HR Candle closing time. - Target = Height of IHS. Other comments on charts.
- XRP is forming reversal pattern on weekly chart at the bottom. - Weekly trendline from Sept 2019 is also about to break ( wait for weekly close for confirmation). - If this pattern plays out as plan 1st TP will be 0.50$ where I'm going to close the major position and will keep 25-30% of the position for Hold. Let's see how this thing plays out.
- BNB is forming continuation pattern. - Break out from the neckline will lead this rally towards 26-27$. - Keep close eye over the breakout and play with tight SL below the neckline.
- ZEC Completed its Cup & Handle pattern. - Currently trading over the neckline which is strong resistance for ZEC. - If the 4 HR Candle closes above the neckline of Cup & Handle pattern than this can fly towards $90-94.
- Triangle formation. - Waiting for break above the marked horizontal breakout levels.
- ETC is forming IH&S pattern on smaller timeframe. - Waiting for candle close above the block, then build a long position on retest. - Target Height of Head