GBPUSD met the target and reached its "PRZ" as defined in the previous setup. Right from that PRZ point, a reversal has been created on RSI with a double top formation. Potential Reversal for short setup.
As you can see, the price increased a lot after breaking the pennant, but now it's time for the price to correct a little, and my target level is Fib 0.618=1.075. 🍻Hard for everyone but easy for me. thanks God... _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
As you can see, the price has reached the ceiling of the ascending channel and also completed its five ascending waves, and now it is time for the ABC correction wave to begin. Also, the negative divergence in the MACD makes this signal stronger. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
As you can see, ADA was in the falling wedge, the price was able to break the wedge, now the price is in the PRZ zone, which has the potential to grow. ➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
I was going to open a small short position .. on this pair, so I'm giving out the signal fast .. in higher time frames market is doing a correction on an uptrend .. so we are going downward .. the price moved quickly enough to make a gap in MAs so now its a correction to that .. I've highlighted the PRZ zones that I think might work .. myself im opening a short position.
In this 1-hour timeframe, NASDAQ has formed a bearish ABCD pattern, with the reversal point aligning with the previous peak. It rejected it strongly. This signifies a strong resistance zone formed around the 15250 area and it suggests that bears might be gaining control. Additionally, a notable 2.618 setup has emerged, characterized by two peaks followed by a...
Exactly according to my previous analysis, the chart has grown so far and now it's time to start falling again. This is my personal view based on classical technical analysis and the use of news and fundamental factors. Now is the time for selling transactions in lower time frames. 📉📊
🤑The ADAUSDT Broken the Falling Wedge Pattern. 🌟 Bullish signals in the PRZ area are: - Support zone - Pivot S1 weekly - Falling Wedge Pattern - Bullish SAR dots ❗and the Upward signals of market momentum are: - Divergence in MACD ✅The price has been able to break this pattern upwardly. This means the price will be flying for now and we shall expect it to reach...
EURGBP has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the...
Hi USDJPY has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed...
Hi AUDNZD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed...
Hi USDJPY has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed...
USDCHF has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the...
Hi guys!" GBPAUD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I...
Potential reversal price action in a potential ending diagonal Elliot pattern corrective, plus potential bullish Gartley and AB=CD projections aiming demand zones. The price is ranging @ upper region of a monthly Inside Bar candlestick pattern. I'm expecting the breaking of Aug '22 low to lowers lows newer targets. The price action above this level tends to...
The point shown with arrow is an important price for NZDUSD. I have to watch out for news surrounding USD in the days ahead. If the news are bullish for USD and price could break under the 0.62850 zone, the 0.60150 zone would be the ultimate Take Profit Spot which is the 50% Fibonacci level. Otherwise, if we see some negative new about USD it can be PRZ for...
In this idea, I'm going to share my own short-term trading plan on Ethereum . So this one is not an analysis it is an action plan with calculations. As you can see on the chart (1H time-frame), ETH has reached a PRZ (Potential Reversal Zone) around $1310. This is the high of the last bullish wave on our ascending trend (you can see the yellow trend-line to...