Hello, traders Today will be the Liberation Day where president Donald Trump will impuse tarrifs to all countries. Bitcoin today will see the biggest candle of the year im sure to the down side. I see price going lowere than 73k, and after that starting a bounce. Trade War will begin today with china already baning companies that trade with the US This is terrible for global liquidity and will make everything more expencive on good, not on assets
Gold Is at New All Time High And We are again going To Trade in Gold Let's Buy gold Now Gold Showing Bullish Moments So Buy Gold at 3130/3127 and And Our Target Will be 3200 why Because gold When crossing from any side it's making a big support zoons and Now Big Support area is 3100/3103
CRV ~ 1D Analysis #CRV Buy after successfully penetrating this resistant line with a short -term target of at least 10%+.
//@version=5 strategy("OBV + Moving Averages Strategy", overlay=true) // 參數設置 length_OBV = input(1, "OBV 增量") // OBV的變動閥值 length_maVolume = input(50, "50日均量") // 50日均量 length_maShort = input(5, "5日均線") // 5日均線 length_maLong = input(13, "13日均線") // 13日均線 take_profit = input(0.1, "止盈比例 (10%)") // 10%止盈 stop_loss = input(0.05, "止損比例 (5%)") // 5%止損 // 計算技術指標 obvValue = ta.cum(ta.volume * math.sign(ta.change(close))) // OBV指標 maVolume = ta.sma(volume, length_maVolume) // 50日均量 maShort = ta.sma(close, length_maShort) // 5日均線 maLong = ta.sma(close, length_maLong) // 13日均線 // 買入條件 buy_condition = ta.crossover(maShort, maLong) and // 5日均線上穿13日均線 obvValue > ta.highest(obvValue , length_OBV) and // OBV創新高 volume > maVolume // 成交量大於50日均量 // 賣出條件 sell_condition = ta.crossunder(maShort, maLong) or // 5日均線跌破13日均線 obvValue < ta.lowest(obvValue , length_OBV) or // OBV走弱 strategy.position_size > 0 and (strategy.position_avg_price * (1 + take_profit) < close or // 達到止盈目標 strategy.position_avg_price * (1 - stop_loss) > close) // 達到止損目標 // 執行交易策略 if buy_condition strategy.entry("Long", strategy.long) if sell_condition strategy.close("Long")
? Pattern Identified: Butterfly Bearish Harmonic Pattern complete near the top. The right shoulder of the pattern has shown Positive Divergence: On Awesome Oscillator (AO) — price made higher highs while AO made lower highs. On Volume — clear divergence showing weakening momentum even as price tried to rise. These are strong early warning signals that smart money is exiting. ? Technical Confluence: ? Bearish Divergence: Suggests exhaustion of bullish momentum. ? Harmonic Pattern Target: Typically, butterfly patterns suggest: Target 1 at 38.2% retracement of leg CD. Target 2 at 61.8% retracement or more — you have identified this beautifully with a likely target near ₹3800. ? Impulse Wave Forecast: Your projected 5-wave Elliott impulse indicates a sharp, fast corrective leg is expected. Wave I and III are typically the strongest — if wave I begins soon, the fall could be steep. ? Key Levels: Immediate Resistance: ₹4180–4200 zone (top of butterfly). Breakdown Trigger Zone: Below ₹4100–4080 can accelerate fall. Support Levels: ₹4000 (psychological & previous structure) ₹3900 (near wave iii completion) Final Target Zone: ₹3800 – aligns with the butterfly harmonic projection. ⏱ Time Expectation: You mentioned 2–3 days for the full fall — this is reasonable given: "Volume divergence indicates smart selling is already happening. Once the neckline or structure breaks, algo selling may kick in, pushing the price rapidly toward the target." ? Conclusion: Bearish bias is very strong based on pattern + divergence. Expecting a sharp move toward ₹3800 in a short period. High probability trade setup with clearly defined entry, stop-loss, and target. ⚠️ Disclaimer: This is not investment advice. The analysis is for educational purposes only. Please consult your financial advisor before making any trading or investment decisions. Trading in the stock market involves risk, and you should trade or invest only based on your own judgment.
Gold in 4h time frame has bearish divergence , which can push it back to about 3030
Gold prices will continue to fluctuate in a flag pattern As shown in the figure: Four-hour cycle Today's gold price rose sharply, approaching 3170, breaking through the original (ABC) flag space and forming a new ABD structure flag structure. A channel oscillation was formed between the two. This performance is completely within the expectations of the rise Then the support near 3105 will be very obviously regarded as a watershed support. In other words, it is very likely to determine the future direction of gold prices. Above 3100-3105 can be identified as a strong bullish cumulative oscillation, a continuation of the bullish trend. What we need to study is the cost-effectiveness of the transaction. The focus of today's trading is to test whether the support near the 3130 area is effective. (3100+3170)/2=3135 Focus on testing the following support in the falling range 3125 3115 3105 Above 3105 points, there is only one strategy, that is, long Stop loss 3105-3100 Try to make good use of this 25-point space to layout, this is the safest, most effective and most profitable strategy Trading is that simple
What Is an ABCD Pattern, and How Can You Use It in Trading? Are you looking to improve your trading strategy and technical analysis skills? The ABCD trading pattern may be just what you need. This tool may help you identify potential market reversals and decide when to enter a trade. Keep reading to learn more about the ABCD pattern and how to apply it to your trading strategy. What Is an ABCD Pattern? The ABCD pattern is one of the basic harmonic patterns. It gives traders an idea of where the market might reverse. Therefore, when combined with other forms of technical analysis, it may be a great addition to your trading arsenal. The ABCD pattern comprises two legs, AB and CD, and one retracement, BC, with D as an entry point. More specifically, an ABCD can be identified by: - AB Leg: A trend starts at A and makes a high or low at B. - BC Retracement: The price retraces from B to C. - CD Leg: The trend continues from C to D. - D Entry Point: Once another high or low forms and traders enter at D. These price movements create the “zig-zag” or “lightning bolt” shapes. In fact, ABCD patterns are present across every market and every timeframe. The up-down movements in financial assets represent opportunities to identify and trade ABCD patterns. Why Use the ABCD Pattern in Your Trading Strategy? Before we move on to identifying and trading the ABCD pattern, it’s worth explaining why you might want to consider using it. Here are a few reasons traders favour the ABCD pattern: - It’s one of the harmonic patterns suitable for traders of all experience levels. - It’s versatile and works for stocks, commodities, and cryptocurrencies*, not just forex trading. - Traders use ABCD patterns to make informed decisions about potential turning points in the market. - It can form the basis of a working trading strategy if used correctly alongside other forms of technical analysis. - It provides quite an effective risk/reward ratio if reversals are caught. How Traders Identify an ABCD Trading Pattern The first step in finding ABCDs is to look for that classic zig-zag shape. Once you’ve found one, it’s time to apply Fibonacci ratios to confirm the pattern. If you’re struggling, you can consider using pre-made ABCD pattern indicators or scanners to help your eyes get used to spotting them. https://www.tradingview.com/x/M0HDLMjF The ABCD pattern requires that the BC leg is between a 38.2% to 78.6% retracement of AB, ideally between 61.8% and 78.6%. This means that if you put a Fibonacci retracement tool at A and B, C should be between 0.382 and 0.786. The second CD leg should be a 127.2% to 161.8% extension of the BC retracement. For extra confirmation, consider specifying that AB is equal to the same length as CD. While it can be tempting to start trading based on these conditions, you’ll find that, in practice, identifying point D can be trickier than it seems. That’s why traders typically use Fibonacci ratios, key levels, candlestick patterns, and higher timeframe convergence to confirm their entries, which we will touch on shortly. ABCD Pattern Examples Now that we understand how to identify the ABCD pattern, we can start applying it to real price action. Note that the ratios won’t always be perfect, so allowing for slight variability above or below the defined ratios is acceptable. Bullish ABCD Pattern https://www.tradingview.com/x/8DKVGLWU For a bullish formation, the following must be present: - The AB leg should be between the high A and low B. - The BC bullish retracement should be between the low B and high C, which is below the high A. - The CD leg should be between the high C and low D. - BC is a 38.2% to 78.6% retracement of AB, preferably between 61.8% and 78.6%. - CD is a 127.2% to 161.8% extension of BC. Additionally, you may look for AB to be an identical or similar length to CD. Entry: Traders set a buy order at D. Stop Loss: The theory suggests traders place a stop below a nearby support level or use a set number of pips. Take profit: Traders place take-profit orders at the 38.2%, 50%, or 61.8% retracement of CD or hold for higher prices if they believe there’s the potential for further bullishness. Bearish ABCD Pattern https://www.tradingview.com/x/OadWQzb1 The bearish ABCD chart pattern is essentially the same, just with the reversed highs and lows. As such: - The AB leg should be between the low A and high B. - The BC bullish retracement should be between the high B and low C. - The CD leg should be between the low C and high D. - BC is a 38.2% to 78.6% retracement of AB, preferably between 61.8% and 78.6%. - CD is a 127.2% to 161.8% extension of BC. You can choose to apply the same AB = CD rules in a bearish ABCD pattern if desired. Entry: Traders typically place a sell order at D. Stop Loss: A stop may be placed above a nearby resistance level or at a set number of pips. Take profit: Traders often take profits at the 38.2%, 50%, or 61.8% retracement of CD or hold for lower prices if there’s a bearish trend on a higher timeframe. ABCD Pattern Strategy https://www.tradingview.com/x/IJdMdeuA/ A momentum-based ABCD trading strategy can help traders confirm potential reversals by incorporating indicators like the RSI (Relative Strength Index). This approach often adds an extra layer of confluence. Entry - Traders may wait for point D to form and for the RSI to indicate overbought or oversold conditions, typically above 80 or below 20. - Additional confirmation can be sought if there is a divergence between price and RSI, signalling weakening momentum. - Once the RSI crosses back into normal territory, it can suggest a reversal, providing an opportunity to enter the market. Stop Loss - A stop loss is often placed slightly above or below point D, depending on whether the formation is bearish or bullish, respectively. This helps potentially manage risk in case the reversal doesn’t hold. Take Profit - Traders can consider taking profits at Fibonacci retracement levels of leg CD, such as 38.2%, 50%, or 61.8%. - Another common target is point C, but traders may also hold the position for longer if further price movement is anticipated. Looking for Additional Confluence Given that trading the ABCDs usually relies on setting orders at specific reversal points, consider looking for extra confirmation to filter potential losing trades. Below, you’ll find three factors of confluence you can use to confirm your entries. Key Levels If your analysis shows that D is projected to be in an area of significant support or resistance, there’s a greater chance that the level will hold and the price will reverse in the way you expect. ABCD Timeframe Convergence One technique to potentially enhance the reliability of ABCD chart patterns is to check for multiple timeframes. When you identify the formation on a lower timeframe—say, the 5-minute chart—you can then look to a higher timeframe chart, such as the 30-minute or 1-hour chart to see the overall trend. If the pattern converges with the longer-term trend, it strengthens the analysis and increases the likelihood of an effective trade. Candlestick Patterns Some traders look for particular candlestick patterns to appear. The hammer and shooting star patterns are commonly used by ABCD traders for extra confirmation, as are tweezer tops/bottoms and engulfing candles. You could choose to wait for one of these candlesticks to form before entering with a market order. Common Mistakes to Avoid When Identifying an ABCD Chart Pattern Of course, ABCD patterns aren’t a silver bullet when it comes to effective trading. There are several common mistakes made by inexperienced traders when trading these types of patterns, such as: - Confusing the ABCD with other harmonic patterns, like the Gartley or three-drive pattern. - Trading every potential ABCD formation they see. It’s preferable to be selective with entries and look for confirmation. - Not being patient. ABCDs on higher timeframes can take days, even weeks, to play out. Experienced traders wait for the pattern to develop before making a trading decision. - Ignoring key levels. Instead, you could allow them to guide your trades and look for the ABCD pattern in these areas. The Bottom Line The ABCD pattern is a versatile tool that can enhance a trader’s ability to identify potential market reversals and refine their overall strategy. When combined with other forms of technical analysis, such as momentum indicators, an ABCD trading strategy can be an invaluable addition to your trading arsenal. For traders looking to apply the ABCD pattern in forex, stock, commodity, and crypto* markets, consider opening an FXOpen account and take advantage of low-cost, high-speed trading across more than 600 assets. Good luck! FAQ What Is an ABCD Trading Pattern? The ABCD trading pattern is a simple harmonic pattern used by traders to identify potential market reversals. It consists of three price movements: the AB leg, BC retracement, and CD leg, with point D marking a potential entry for a reversal trade. It helps identify changes in trend direction. How Can You Use the ABCD Pattern in Trading? Traders identify the ABCD pattern by finding the characteristic zig-zag shape and using Fibonacci ratios to confirm it. Entry points are typically placed at point D, with stop losses and profit targets based on the formation’s structure. Confluence with other technical analysis tools improves its reliability. Is the ABCD Pattern Bearish or Bullish? The ABCD pattern can be either bearish or bullish. A bullish ABCD indicates a potential upward reversal, while a bearish ABCD suggests a downward reversal. The structure remains the same, but the highs and lows are reversed. What Is the ABCD Strategy? The ABCD strategy revolves around identifying trend reversals using the formation and confirming entry points through tools like Fibonacci retracements or momentum indicators like the RSI for added accuracy. *At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Bitcoin remains within a descending triangle, printing consecutive lower lows and lower highs. The latest move saw an impulse pump into the 0.618 Fibonacci level, aligning perfectly with the descending channel range high. This resulted in a rejection, reinforcing the probability of a move lower. Key Points: • BTC is trading within a descending triangle with a clear lower high and lower low structure. • The recent rejection occurred at the 0.618 Fibonacci level, aligning with the channel range high. • The next key support is at the lower channel boundary around $65,500. Bitcoin’s price action has solidified this descending trading channel, and until a breakout occurs, the market will likely continue to respect this structure. If sellers maintain control, a move toward the channel low remains the most probable scenario. However, BTC can still range within this formation until a decisive break occurs. Traders should keep an eye on key support and resistance levels, as any strong reaction at these areas could indicate the next major move
Asal cne mkng a cup& handle structure. Keep Eye on breakout