There is an untouched liquidity above the equilibrium zone. I expect the first reaction to be quick and violent. As long as a weekly candle does not close above 115, I expect a short opportunity caused by a wick.
Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed...
While EURJPY is above the diagonal trendline, it is most probable price will rise, breaking the recent double top, towards 127.650
If EURJPY is below the diagonal trendline, expect price to retest support at 124.300
Conclusion for today’s Litecoin Price Analysis:
Litecoin price analysis for today is presented on an intraday timeframe (1 hour) with the main purpose of exploring the current chart pattern(s) under formation. Coverage of price action is from April 02, 2019 to current date.
Breakout from a region of consolidation saw the price of Litecoin make a move from...
Chart time frame - H4
Timeframe 1-4 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.011 - .... and fall to the 0.991. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.991
Swing trading! Here i am showing you a behind my technical analysis, you can see better why i entered in one of the better setup i had in the year. doji formations and a beautiful head&shoulder pattern
WHAT: A $$$$ ridiculously good $$$$ strategy based on my previously published ''Renko Magic''alerts
- ENTER a trade JUST AFTER 1 renko brick is printed.
- EXIT that trade, and open a new reverse position, just after 1 renko brick is printed in the opposite direction.
We see the formation and completion of this AB=CD harmonic pattern on the 4 hr chart. Price action has also reached a major resistance zone at the completion of this pattern. We are currently short and our strategy is valid as long as price closes below the yellow resistance zone. For this strategy we are targeting the green zones. FX:EURJPY
1, Rejected off monthly zone
2, Currently at daily support
3, Head and Shoulder pattern on daily support
4, Double top on daily timeframe (Dec 18 + March 19)
5, Daily support at 50% and 382 on Fibonacci Cluster
Target: based on Fibonacci cluster and previous support
We see the formation of a bearish bat pattern (blue) and the completion of an ab=cd pattern on the 4 hr chart. The completion of the ab=cd pattern signaled us to sell the pair and our strategy is to trade the 4th leg of the bat pattern. FX:USDCHF
I was able to take 2 trades on the EUR/USD today. Overall a red day however I was able to manage my trades rather well and minimize the losses as much as possible. Trade management does need improvement so I'll be working a little more on that now. 1st entry was not as good as I'd have hoped but I went in with smaller size which allowed me to...
Conclusion for today’s Ethereum Classic Analysis: Conservative entry into a long (buy) position(s) is best carried out on a breakout above 9.47.
Over 17 months of price action is shown on the Daily timeframe of Ethereum Classic from October 2, 2017 to current date. Using a logarithmic scale for analysis and chart inspection, the bearish channel in Ethereum...