#GOLD Analysis
Description
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+ As you can see in the chart, GOLD price got rejected at the resistance line once.
+ Now the price is heading back to the resistance line again.
+ I'm expecting the price to get rejected again at the resistance. if the price gets rejected again then we have a good chance...
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Hello, Traders Investors And Community, Today I discuss some important observations I made the last time looking at the BTCUSD-chart, what I already mentioned in recent middle-to-long term analysis...
Greetings!
BTCUSD seems to be forming a descending triangle pattern in the 4h timeframe which should complete by Boxing day. The RSI has also been declining as shown at the bottom. The probabilities in this case are favoring the bears more than the bull unless this is just as things have slowed down due to holidays. If things pan out as per the pattern, BTC will...
Hey everyone
seems like great time to draw bear flags and trade it on ethereum.
now we have the minimum risk and tighter SL possible setup. its an 1:6 of Risk:Reward ratio.
im taking this one personally. Dont forget to put a like and follow me if you want more content
tell me what you think in the comment section
Hi guys,
I was looking for a short on this pair last week but price didn't get to my sell order. Now price has created a liquidity pool which it is likely to sweep (might be soon or later). I have marked this liquidity pool for you guys to take note of.
Enjoy.
David
Hello Traders
I think that the price of the euro against the dollar will continue to 1.0934 down to break the support level 1.0982, then go back up to test the 1.100 level, then it will continue to gradually decline until the 1.087 level
hope you enjoy your trading time
Thanks
We havent broke any daily candles, so i expect to see the low broke. Because we are respecting levels price may drive us down london. Will look for a momentum sell, and possibly reversal new york after a sweep.
SWING TRADING JOURNAL
I'm looking to SELL GBPUSD and this is my plan
I will;
SELL GBPUSD somewhere at Green Box (try to sell as high as possible)
SL ABOVE Red Line
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing...
Here's an update to yesterday's idea.
We've seen price fall from our highlighted level, in line with a triple top formation at a whole psychological level in the market. Make sure you check these whole levels and familiarise yourself with actual price. It can be very useful!
We predict market moves before they happen. On Monday we marked two levels identifying potential resistance zones after the break of structure. Price rallied up to our first marked level and we've seen bears enter the market.
DM me to find out more about how we forecasted this fall in price (CHF strength).
Over the course of the last few weeks it was relatively uncertain what Bitcoin was going to do. One thing was sure: Bitcoin had a relatively bearish outlook after the greatest run in a couple of years.
At the moment, it's becoming more clear that the pattern Bitcoin is following resembles a bearish triangle; a classical bearish break-out pattern. The main base of...
With the recent plunge of Bitcoin, BAND/USDT has failed to reach the previous swing highs around $11.50, sending the price back down.
With this recent fall of BAND, we can see the early signs of a bearish triangle in development. The target for this trade setup is the support line marked on the chart, since it's the bottom of the bearish triangle.
Happy trading!
ADA/USDT is on a quick path downward after failling to reach for recent highs around $0.34.
I've marked two areas of potential support, S1 and S2. Happy trading!
With Bitcoin rising the way it does now, the btc-pairs are in for a rough time. ETH/BTC has been bleeding for a while now, and it has more to go.
Assuming Bitcoin will rise further, I'd expect ETH/BTC to reach Support 1 in the next few days, potentially Support 2.
Silver has failed to close above the upper resistance and is falling quickly. The price passing the $26 mark is for me an indication that silver has started a new downtrend. Looking at the size of recent candles, we're not stopping anytime soon!
I'm eyeing Support 1 and Support 2 as potential areas of high buying power, based at the recent lows. Do your own DD.
FX:CADJPY
As price touched top of the major bearish channel, major daily's resistance and also confirmed in weekly time frame.... ( big drop going to happen )
Price broke the ascending channel...
----- So we can open short position or wait for correction and retest in H1 TF
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