Falcontrader — Trading Ideas on TradingView

Falling wedge Pattern Price will tap in to the bottom trendline of the pattern formed and move towards completing 90% of the pattern on the daily timeframe. However, if price breaks the bottom trendline to reach the previous weekly support area, then it will tap in to that liquidity and price will potentially shoot upwards to complete 90% of the pattern formed on the daily timeframe.

Potential Head & Shoulder formation Price seems to potentially form a large head & shoulder pattern. If formation completes then a heavy price fall is expected to reach a bottom key level.

EURJPY Long setup (Falcon strategy)Overall descending channel. Price gave us a third touch on the supporting trendline of the pattern, moved to with an impulse to the upside and gave us a continuation pattern (correction) to signal a buy entry. In falcon, price moves in two forms: impulse & correction. We had our first impulse and correction so we're now expecting another impulse to the upside.

Bitcoin final target ends at Falcon Wave C #BTCUSDT #Bitcoin Bitcoin , the one and only that we all are looking at is in Falcon Wave C. Falcon Waves is an ongoing research that I am doing and runs in Wave A, B and C. Where Wave C is the last leg down in 5 waves. For BTCUSDT, this will end 40184 USDT. This also coincides with monthly key level and daily key level area marked in brown and blue boxes in the chart. What happens after Wave C finishes? After Wave C ends, there are following key possibilities, 1. 5 Wave pattern to stabilise price and start of next Falcon Wave (ABC) 2. Momentum of buying volume increases Some charts in different time frames: 12H looks like this: 4H look slike this: P.S Falcon Waves is not Elliott Waves etc. This is my own research that works on the principle of CCI and Momentum derived from Falcon CCI indicator. What should be good confirmation of trend change? Looking for key level break upwards, e.g. price above blue box, with higher lows should be good. Also, if there are cross over of fast EMA over Slower EMA, I prefer 20 crossing 200, for a better upward indication. _____________ Indicators used by me: 1. Falcon CCI (Free on Trading View) 2. Falcon Buy Sell (You can message me on trading View for Access) What if price goes below Target C? If price goes below Target C, this can be because of liquidations at these levels, perhaps a market crash further and can push price down. I do not think that this will happen at this time. However, we need to follow Falcon Buy Sell indicator to give exact values of buy and sell before making further decision. I also keep Falcon HA Buy Sell handy, a perfect tool that gives me Heiknashi Chart values with B and S on each candle in normal chart and HA chart, and helps me to trail stop loss, or for profit taking. If you have followed me, you know where I asked you to short, here is the link of the chart: ___ Enjoy! Do not forget to follow me on Trading View! Important Note: Based on Gann Theory, Bitcoin should finally move upwards by 28th Jan 2022 ( a final move up confirmation) This can perhaps be a higher low formation and moving up.

What is happening with Bitcoin? 4H chart explained: Falcon Waves are ABC waves that are not based on Elliott Wave concept but completely different momentum based concept. Wave A is three waves down, wave B is three waves up and wave C is 5 waves down. Here we are looking at pattern that is unfolding into 5 waves down for completion of wave C. Everything is marked in the chart with expectations. I will post more chart once we reach these levels.

BTCUSDT analysis using Gann Fan on Falcon CCI Gann Fan is amazing, it is very straight forward and gives us an idea about market bounces. Here in Falcon CCI, the Gann Fan will give us bounces where market will change its direction, a trend reversal perhaps. This method can be used when we are not sure where the market is going and gives a very clear indication so far in 2021. I have done some back testing and results are good even in Daily and smaller time frame charts. Here we are seeing that 4/1 Gann Fan from the top is in action, and needs a bounce confirmation to form a higher low, once this is done then CCI should quickly move up. Current weekly CCI20 level is around -41, indicating over sold area. RSI seems to be low too at 46, last July 2021 RSI was around 41 when it bounced and price started moving up. It is exciting to trade crypto because of so much volatility but TA gives you enough chances of making the right direction. More on this soon.

Ichimoku Cloud - When to Buy or Sell?Example of Ichimoku Cloud and how to trade: 1. If price is above cloud then we look for longs 2. If price is below cloud then we look for shorts 3. If price goes above base line + above cloud, it is BUY Signal 4. If price goes below base line + below cloud, it is Sell Signal 5. You can also use EMA or MA, and create second layer of Strong buy and Strong sell, e.g. if Base line Crosses EMA 50 then it is Buy, if price is above cloud, opposite is also true 6. Once you get BUY, then you can enter, or wait for retest and then enter base don pivot levels 7. You can use Falcon CCI (Free Indicator) on Trading View for further buy signal Falcon CCI Indicator that I made can be checked here: You can use these concepts in screener and make a perfect screener that can short list crypto for you that can actually move based on your time frame. Some conditions that you can try in screener: Ichimoku Span A is greater than Ichimoku Span B Open crosses Span A Conversion line crosses up Base Line