nikdobii

nikdobii

Simple Trading: Slanted Inverted Head and Shoulders pattern. Analyzing Bitcoin, we can clearly see a downtrend that has reached the top of its trend zone. At this point, two scenarios are possible: either a breakout of the downtrend, signaling a return to the macro bullish trend, or a continuation of the downward movement, resulting in a false breakout.

nikdobii

Simple trading - Cup and handle pattern Watch gold to see if the handle will be filled. I have marked the probable retracement using the FIBB (purple lines) If gold manages to hold above .618 or 2340 we can look to continue buying. With the DXY making its way back up after testing previous support (104.05) it is only a matter of time before GOLD gets the...

nikdobii

Simple trading - Heads and shoulder BTCUSD is dropping below the 1hr heads and shoulder pattern. 2 things will play out here, 1. BTC will continue to drop to target @60k or retest the previous resistance @62k then drop to the 60k level. 2. BTC will reject the head and shoulders pattern and regain bullish strength back up to 64k **If BTC fails to remain...

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simple trading - Bump and Run Pattern Not much to say here, wait for a solid close above the 63k price. We were looking to sell BTC this weekend but with a weekend DOLLAR and a clean break in the buy zone with a pattern as simple as a bump n run... We are looking to buy.

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Simple trading - Head and shoulders I do not need to say much, BTC has broken below the head and shoulders neck line. SELL (entry6300) I would usually wait for a break and retest, but it's the weekend and BTC could drop in a couple of hours. Or it may hold above 63000 until tomorrow. USE STOPLOSS (63500)

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Simple trading - "M" Pattern Massive Sell-off incoming This is by far the easiest pattern to spot. Do NOT follow the trend anymore. Respect the pattern. A retest to 2340 with rejection is a clear sign of new resistance. If Gold can manage to break above 2345, then look to continue buying. The two entries I'll be looking for are SELLS at 2340 with a 50pip stop...

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Simple trading - Support and resistance *HEAD N SHOULDER TP HIT(prev chart) *Potential Bullish Wedge Forming Conclusion, Look to sell after a pullback to 2230 The Why: With robust economic indicators propelling interest rate yields upward and the potential for geopolitical tensions in the Middle East to abate, the question arises whether gold, traditionally...

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Simple Trading - Heads and shoulder Gold is way overdue for a bullish retracement, is this the beginning of a pullback? Watch to see if gold can hold below 2380. Looking to take SELL positions if the price can confirm the New resistance level. **Price may not retest and continues to drop to TP

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Simple trading - Lower lows and lower Key idea: If BTC can hold below 67k, this would create a lower high. A potential major SELLOFF BTC is currently trading in a bear market on the smaller timeframes. With the BTC halving on the way, it's clear as day that BTC will not hold above 70k. So to capitalize on the 3rd red weekly candle, we are looking to see if BTC...

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Simple trading - Head and shoulders Us30 has broken the neck-line of the Head and shoulder pattern on the 4hr. US30 is bullish on the higher time frames so always be ready for a pullback to the upside. Looking at the daily chart to see if the price will retest previous support and turn resistance. Due to the lack of bullish momentum on the smaller timeframes, I...

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Seem to be going perfectly as predicted. BTC is dropping, retesting Supports to regain its bullish momentum. For how long will BTC continue to drop? For start, this is just the beginning. BTC has completed the 4hr M pattern. BTC has just broken under major SUPPORT. This support is also the neckline for the Head and shoulder pattern from the ATH. Waiting for a...

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Sell pressure is coming! Watching to see if BTC will break below the triangle and continue the "M" pattern. Super clean bearish structure. Let's hope for NFP week to drop BTC out of the sky. With a Hawkish expectation on the DXY, I can only imagine a fakeout. The Feds will stir up the DXY to create a Bloody Friday

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Simple trading: M - Pattern "Double top" We look to sell gold for a correction. Gold is respecting the trend, but if the price fails to break above 2265, it could see a possible downside after its massive bullish impulse. When U.S. bond yields rise: - Gold prices might decrease as investors find bonds more attractive due to higher returns.

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UPDATE: Head and shoulder patterns continue. BTC is following a 1hr trend (blue lines). Pay attention to the lower high BTC is about to create. The USD markets are on a holiday break, if the USD news is bullish for GoodFriday then BTC will continue to drop. ***Fed Powell is speaking as well. This could be the start of the biggest pullback in BTC History. I am...

nikdobii

Simple trading - Head and shoulders pattern I am looking for BTCUSD to continue falling as it respects the lower highs. Target 51200 **Update on new weekly support incoming

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Simple trading: Fibb on impulse We look to sell gold for a correction. This isn't a trend reversal, just a pull back. Let's take advantage of a potential sell. Key support areas: 1. Daily support (grey line) 2. Fibb .382 3. Fibb .5 4. Fibb .618 SELL Confirmations: 1. No high higher 2. Weekly Res Confirmed 3. Triangle Break and retest

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Just so we are clear... I do not trade crypto... but I can not help myself when I see a perfect setup. It's simple trading once again. we are in a bullish market so we are looking for buy opportunities. *NFP week! We all saw it, Negative USD News! BULLISH CONFIRMATIONS: 1. massive head and shoulders 2. Hammer above bearish trend high 3. Hammer above Daily...

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Simple Trading: 1. Perfect inverted head and shoulders 2. Pull back to the .382 of impulse 3. break above Monthly resistance with a strong higher high above .382 4. Restest to breakout zone/monthly Resistance. Do not overthink it. We are in a bullish market with clean higher highs. Pay attention to previous high zones (yellow lines). The target is place for 200.000.