Ideas

Welcome everyone. Over the past couple of weeks in Bitcoin, we have seen an incredible amount of increasingly weak technicals. We saw a failure to breakout of an inverted head and shoulders pattern. We saw a powerful rejection of 50 EMA resistance, seen as the orange moving average. We saw the formation of lower highs on the chart. We saw the formation of a head ...

We had some good action 2 hours ago, where the price made a quick dump but got an even bigger push up. The volume on the way up was much higher as well, so chances are big a bear trap was set there. Also ETH' broke an important support it seemed but also jumped right back above again, also suggesting a bear trap. The past days, i talked about expecting at least ...

Not much has changed, volume is dropping, which is not great but is also normal if this is a real bull flag. We do want to see a breakout upwards soon though. I do not want to see it take another 24 hours or so, because than i might be distribution again. Just a few min ago there was an attempt to break up, but the volume was to low so it is getting rejected so ...

GBPUSD Short with Supply zone Identified. 1.2960 is the potential reversal level and now price shows bearish signal. Therefore we can take a short now SL: 1.2995 TP1: 1.2900 TP2: 1.2805 TP3: 1.2700

W1: - Reversal candle on W1 - Below resistance H4: - Tendency: downward - Below resistance - Pullback=> Downtrend forming => Sell

I was in the clouds all day - however, I have been monitoring EURUSD closely for what could be the 'Next move" So here is my H4 take.  1.1350 Psychological level has supported the pair heavily in the last few hours as the pair was forced through the marked intraday support range: 1.1350-1.1365. Now that the pair is above this structural bay, I anticipate the ...

CADCHF, Buy on H4. H4: - Structure: uptrend - Tendency: upward - Above support - Bullish outside bar => BUY

The Canadian dollar is Tuesday’s G10 underperformer, amid a decline in oil, the US dollar index preserving strength above the 96.30 mark and lower-than-expected Canadian wholesale sales and manufacturing sales numbers. Since Jan 11, as highlighted in Tuesday’s briefing, the H4 candles have been compressing within an ascending channel formation (1.3183/1.3318). ...

Hi friends! Welcome to this update analysis on Litecoin! Looking at the four hour chart, we can see that LTC completed the head and shoulders pattern yesterday. However, instead of breaking down, we saw a rally off of the neckline. LTC is now running into resistance again at the rising pink trendline. I said this in the BTC analysis, and I will say it here. If LTC ...

USDCAD, Sell on H4. H4: - Tendency: Strong downward - Below resistance daily - Pullback, test resistance - Waiting signal=> Sell Prior analysis

Bitcoin has completed a full month of trading inside a 1D Channel Down. Despite the negative trend (MACD = -44.200, B/BP = -111.1780), it does show signs of stability on the nearly neutral RSI = 43.832 and Highs/Lows = 0.0000 although it is closer to a Lower Low than a Lower High. Purely from a technical standpoint, the short term trend remains bearish currently ...

Bitcoin broke down once more, yet our support (marked green from previous analysis) held nicely and price quickly bounced after hitting $3462 as a low. We see a bullish hammer and some strong bullish divergence coming up on the MACD. The rsi+Mfi indicator is also giving a buy signal, coupled with the bullish MACD crossover. A small catalyst is needed and Bitcoin ...

EURCHF is approaching its resistance at 1.1341 (61.8% Fibonacci extension, 61.8%, 50% Fibonacci retracement, Horizontal swing high resistance) where it may drop to its support at 1.1246 (100% Fibonacci extension, Horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding drop may occur.

The Tidal Shift Strategy has just bought GBPJPY at 142.054. The system recommends entering this trade at any price between 141.776 and 142.332. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.171, which suggests that the GBPJPY could be trending upwards.The 14-period Average ...

This is a straightforward macro study showing the performance of S&P against Gold. We see that from 1980 to 1999/2000 S&P outperformed Gold, while from 2000 to 2011 Gold outperformed S&P. We are currently (since 2011) in a stage where S&P is again outperforming Gold and the uptrend may soon break higher in a parabolic move. The conclusions drawn are that S&P is ...

EURAUD reversed off its resistance at 1.5971 (100% Fibonacci extension, 50% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 1.5896 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop may occur.

From a technical point of view, the pair could trigger an interesting bullish swing, let's see ... If you think this analysis can be useful and you want to receive new updates in section below, click on LIKE button! Thank you for support and trade with care!

USOIL 4H 618 SHORT With structure Price retested the structure and 618 now pin bar formed. therefore we could sell USOIL now SL: 54.01 TP1: 52.00 TP2: 50.65 0.25 lot size for every 200 usd risk