melikatrader94

melikatrader94 Updated 

hello guys... based on my previous analysis of #tesla: the main trend in the daily time frame is bearish so far! I believe the trendline of the pattern will be breakout after retesting the S&D! meanwhile, the price made a head and shoulders pattern and broke it out! so in a shorter time frame the price will fill the gap to touch the target of the pattern,...

melikatrader94 Updated 

hello guys... as you can see a wedge pattern formed and the price broke it up! consider it the price touched the target of pattern and I mention it on the chart! now if you check the 4h timeframe: you can see a head and shoulders pattern formed but the neckline has not broken yet! if the neckline breaks you can get a short position to the s&d area! this...

melikatrader94 Updated 

hello guys... as you can see, this coin is in the bottom line of the broken ascending channel and the descending channel at the same time! it is a great chance for the price to start another upward movement! but if the orange area is broken up. so you can put a stop limit order for a long position that if the price engulfs the 3305 area then your long position...

melikatrader94 Updated 

hello guys... as you can see the orange area worked like a resistance area and the price couldn't break it yet! on the other hand, the internal trendline is so close to the price! also, you can see the price moving below the descending channel! all of these are bearish reasons! why is the price compressed here?! due to the bottom line of the ascending channel...

melikatrader94 Updated 

hello guys! I believe xauusd is still bullish and every correction is an opportunity for us to get more long positions! so the blue area and the bottom line of the channel are two potential areas to getting the long position! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I...

melikatrader94 Updated 

USDJPY → An opportunity to get along hello guys... as you can see, usdjpy made a supply and demand zone and started forming a three-drive pattern! two of them formed so far! no on this internal trendline is a great opportunity to get a long position until this third drive that would be the next target! ___________________________ ✓✓✓ always do your...

melikatrader94

hello guys... this coin made a triangle pattern and broke the bottom line! As I mentioned on the chart the target of this pattern is touched! on the other hand, the breaking candle is a self-covering candle and this candle mostly happens in the changing trend area! but I recommend you to be more cautious! if the first blue area breaks up then get a long...

melikatrader94 Updated 

hello guys... as I said before: from my point of view, this pair is bearish! why?! you can see the ascending channel broke! the price formed a QM pattern twice! the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too! so I believe this coin wanna touch the QML area and then start the downward movement due to engulfing...

melikatrader94

hello guys... as you can see this coin made a double bottom and engulfed the lase s&d zone too! you can enter the long position in the blue area! I mean in the 0.353 area! the target of the pattern is 0.468! also a long shadow happened and 50% of it is reachable! so the next target could be 0.8351! it would be a 135% upward...

melikatrader94

hello guy... let’s say it in the first place, it is not a short signal! as you can see the blue area is a potential area for getting a long position, why? because it is a S&D area and that specific area is on the flip level! if the price will retrace to the blue area get a long position right away! the target is the top line of the...

melikatrader94

hello guys... as you can see this coin ignored the last level and seems it wanna change the trend so soon! from bearish to bullish! I assumed it wanna make a head and shoulders pattern and after touching the hypothetical right shoulder start the upward movement so fast! you can close half of the position on the first step and then be ready for 100%...

melikatrader94 Updated 

hello everyone... as you can see, gold did a fake divergence and it is a weak one! I believe the main trend is bullish so you can get a long position until the target that it is 2273! target1=2202 target2=2248 target3=2273 ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I...

melikatrader94 Updated 

hello everyone! let’s analyze this #mpcusdt coin, as you can see in a short time frame engulfed an S&D zone and showed us an upward movement until 0.45$ area at least, also a long shadow happened at first that 50% of it is reachable! on the other hand, the triangle breaks down so we can put our entry on 0.36 an 0.31$ area! target1=...

melikatrader94 Updated 

hello guys... as you can see, gold did a divergence and it is a weak one! so this shows us the correction will be a little bit! I believe the main trend is bullish so you can get a long position until the target that it is 2273! but if the 2141$ area is lost then the trend will convert to bearish for a few days until the price touches the gray area as the...

melikatrader94

hello everyone... as I said before about this coin: "as you can see in a short time frame engulfed an S&D zone and showed us an upward movement until 0.45$ area at least, also a long shadow happened at first that 50% of it is reachable! on the other hand, the triangle breaks down so we can put our entry on 0.36 an 0.31$ area! target1=...

melikatrader94

hello guys... this coin broke down the last trendline and I think it is a bearish trend now! target1= 4.7 target2= 4.05 ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment

melikatrader94

hello everyone... I have seen a few analyses that suppose this pattern is a diverse pattern and the coin will dump soon! but if you see this perspective you recognize the neckline is on the bottom line of the ascending channel! I believe we should insist on a bullish trend unless the neckline and the bottom line of the channel will break down! so there is no...

melikatrader94 Updated 

hello guys... Gold recently broke out of its ascending channel, reaching the 4.2 Fibonacci retracement level, signaling a strong bullish trend. The current retracement towards the channel's midpoint and the flip area is seen as a healthy correction. Traders are closely monitoring this zone as a potential entry point, anticipating another upward movement...