for me , gbpnzd is at the end of a long wave 4 with complex correction pattern. a wave 1 of the new impulse( the 5th wave ) has started as a leading diagonal. now it seems like wave 2 is being created
Over the last week we've seen a lot of optimism in our markets, but are we getting faked out? Please refer to the charts below, there is no technical analysis whatsoever on the chart posted above. It is worth noting that SPY has shown signs of relief and earnings are not as bad as anticipated... With that being said a relief bounce was expected, but have we...
I see a long bearish trend making its fifth wave (elliot wave). wyckoff accumulation become more and more relevant, stop hunt followed by a break of market structure already happened; I marked 3 zones in wich the pullback may stop
only market structure analysis, i didn't get to fundamentals with this asset
wyckoff , price action , ranges, fundamentals, everything seems aligned to push price higher
Hi, I've drawn up some ranges in Chainlink... This badboy has been trending very well in these bearish times. My strategy with this one would be to trade the ranges, especially Longing the Pullbacks, and entering at the bottom of the support lines. But generally it seems like the crypto coins are really fluctuating up and down in ranges in quite short...
banger pitchfork for future reference i'm accumulating
Symmetrical triangle forming into resistance at the range high. RSI overbought into resistance, expect trading sideways or a break down until the oscillators are reset The levels marked are from daily opens/closes. I wish I could tell you which way we will be trading, but just play the support and resistance , and trade level to level.
Currently trading at the bottom of the range, made a new 2022 low today. Clear RSI bullish divergence into support - expecting a relief rally to at-least mid range. Further out - I'm expecting ES1! to continue making lower lows once the channel is broken. Expect high volatility into each fed meeting, we know what kind of environment we are trading, make your...
Dead market conditions for the last few days with majority of the pairs I trade sat in ranges. Currently only looking into USD/JPY and AUD/USD as they have the cleanest price action. Could see a potential double top being formed here on the M15, just need to wait for the momentum to kick in, if price fails to hold this level I won't be looking for buys.
With the price nearing zone 1800-1790, I see a buy opportunity with targets at 1877. This trade is activated once the price hits 1800 and invalidates once the price breaks below 1790.
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price...
Hello Traders! October is coming to an end and we are starting a new trading month November. Here I looked back 20, 40, 60 days to seek the open float and important areas where banks may have buy or sell stops. I have labeled most PD array that I could see on the daily time frame. There are many more but I want to keep the chart clean. If price does make a...
These are levels that I'll be keeping an eye on when dealing with the Dow Jones Index, and I'll revise as price action progresses. I adapt to the change in money flow. Price Action is at the high end of the curve, so I'm anticipating a deviation in price to clear a path in bull's favor. However, I'll also be looking for a pullback in the bullish continuation in...
Weekly and dailyncandle closed above the low range indicating buys probability. Therefore we'll look for retests on H4 to take buys targeting the indicated levels. All the best
On the monthly timeframe, it perfectly broke above the LH indicating long opportunities. Therefore I'll be watching for daily candle close above 0.7045, check for retest on H4 and enter buys. Targets indicated on the chart.
Good Morning traders! Hope you are well. Todays forecast will be done on the 1hr timeframe to give more information. We are still in a over uptrend/buying range, with liquidity built above current PA. Over the past week price has retraced down and is now within the discount of the buy range, this offers great opportunity to go long. As always we look left for...
Back in 2019 I posted a chart on the Doge/BTC pair pointing out that the Doge to BTC ratio was a lifetime historical support and that it would likely pump to atleast the top of the range so long as our support wasn't broken and so long as we could break a midterm downtrend pivoting from support : Today i must say i'm quite happy with the result but now it's...