Bitcoin today never closed a 1h or 4h candle below 51k, which i think is very impressing at these high levels. The only thing the sellers achieved today was a higher low (again).
The sell offs seem to get bought up faster and it seems almost imposible for BTC to even test the heartline off the parallel channel again. Under this condition i think its very likely we...
I feel like BTC is ahead of the other moves in forex and futures.
Looks to be in a month long ascending wedge on daily chart and ascending on hourly as well.
Found support on the blue lower trend line from a couple days ago and already bounced off 3x, though could be consolidating for further downside.
Just slid out of the overbought condition on daily RSI and...
Yes! GBPUSD is already up 200+ pips since the last video. These profits are insane guys! Be sure to follow me so that you can profit as well! Also share this with your trader friends so that they can profit too!
1.Breakout of descending trend line which shows potential bullish movement
2. If we get a retest of the key price area highlighted another confluence
3. 61.8 fib level has been plotted so if we see rejection off this level that will be the final indication for me to take this trade
NOTE - Coronavirus is causing mayhem in the markets...
USDJPY 30 min. Major and minor trendline. Break of minor trendline and re test of key area also matching up with the 61.8 fib level. Looking for a move downwards to test the major trend line again. Okay risk reward with 1:2.
I like this set up a lot but corona virus scares could whip us out. Stay safe 1% risk max.
-- This was posted previously but it violated TradingView rules regarding links so I'm posting it again without links -
Click here to see the comments made last month regarding ethereum on that previous idea.
Chart from deleted Tradingview Idea expanded.
Hello, since a lot of people were asking I decided to start posting on Tradingview and see how this...
The 20-day ADR was missed on Thursday and Friday. Moreover, the 20-week AWR was missed as well (both upside and downside). Price expansion is much expected next week. I am still bearish GBPJPY hence I am looking for bull traps at the levels I have illustrated on the chart
Expect updates in the trading days next week in reference to this post.
Last week's range was approx 190 pips whilst the 20-week AWR was 275 pips. It was a "miss" hence I am anticipating a price expansion (weekly) probably hitting several pips more than next week's 20-week AWR , which probably be around 300-320 pips give or take.
My bias for GBPJPY is bullish hence I am looking at "support" levels to go Long. If price enters in the...
Referring to the this post 2 days ago :
The daily range for yesterday was 100 pips roughly whilst the 20-day ADR was 130. I would consider it a hit. Today's 20-day ADR is 132 pips and I expect this will be reached today and hopefully to the downside. I am...
Yesterday the daily range was 122 pips whilst the 20-day ADR was 142 pips. There was a miss in daily range even though 20 pips for this beast could be considered a hit. (Discretionary analysis red flag!), I am NOT anticipating a price expansion today (price exceeding the daily ADR range).
Having said though, I am looking at the liquidity pool around 134.00 -...
GBPJPY has hit the monthly bearish target early in the month and so we are expecting to see a nice rally up to the 134.000 level with a potential 500 pips on the table.
We have a nice 4 hour bullish engulfing candle so we are waiting for price to pull back into support before looking at long opportunities going into tomorrow.
Stops will be below the low and as...
Technical analysis: After being rejected at around 144.000 on March 29th, price has being making higher highs and higher lows. It broke the 146.500 resistance to turn it into a support and after forming a triangle, price has broken it and retested in lower time frames.
Fundamental analysis: Risk is back on on stock markets weakening the...
Good day folks,
More I look at the chart, more I think that there is a big move coming in BTC. Looks like BTC is making a reversal pattern, however, it remains a bit early to tell imo.
Bullish scenario 1 (green) : this is my favourite as it would be a cheaper and safer entry. Also, the chart still looks bearish in the short-term. I would initiate a long...