Lets take a look at LOG Scale We can clearly see the completion of 2 legs down so far. Will there be another leg down? No: Counts can be 3-3-5 or 5-3-5 so far depending the way one counts but either way this would yield a complete corrective pattern so far. Yes: If there will be another leg down the current move is expected to be 3-wave pattern like the first...
📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz =...
Hi team, This week my analysis on CHFJPY got stopped out. A big part of trading is being able to understand where we have gone wrong, and adapt to the market. I have re-worked my analysis of CHFJPY. Zooming out to the weekly time-frame, the wave analysis actually becomes very simple. We are currently in the final (bullish) wave of this ascending channel...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XTIUSD. XTIUSD is at a strong support level and we can see a good bounce from this level to price level 100. Keep in touch we will update further soon
The price has reached resistance. I'm expecting a bounce. Have a nice trade! Your Solldy
looks like bitcoin has made a retest back up to the new resistance. if a rejection happens this could be another confirmation of a potential sell. currently still in a daily heads and shoulder pattern with a target of 28,000 Short term: Buy up to 46,000, look to sell if price rejects this level.
if bitcoin prices continue to remain bullish i will take a step back and wait on trading btcusd. next resistance is 44,500 short term... long term look to 49,000 if btcusd slows this momentum and reverse look to sell back into previous support at 39,000 short term... Long term loof to sell back into consolidation at 35,000 USD** after a "positive" NFP look for...
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As we can see in the chart USDT DOMINANCE facing the most important resistance...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss About GBPJPY. GBPJPY is Making Channel Pattern. And here we can see a bounce to Price level 154.
USDCAD SELL @1.26450 TP1 @1.26250 TP2 @1.25950 TP3 @1.25450 SL @1.27450 Note:- Use exact Entry or below this level.
Hy traders. We are here to update about US30. US30 Exactly Moved According Our Analysis. Now this is facing a strong support level. But it has Maximum chances that it will break this level. Very soon it can touch Price level 32600. Keep in touch we will update further soon
Disclaimer; this is a long read Another Disclaimer; this is not one for the traders on a micro-level Last Disclaimer; the chart here is for proof of concept and data, I don’t expect many will “get” the chart outright Thought I would take a different view on BTC since we are in a slow period, by looking more closely at not what the price is, but where in time...
nice retracement , retest at trendline ,fibonacci looks good.
CHFJPY is holding a strong support level in daily chart. It has Chances to move up. To the price level 123 Well we will wait for further confirmation from Fundamentals. Keep in touch we will update Further soon.
As you can see we have a very nice 4 hour trend line that has breached out of the GC. If we can hold support above the GC and the trend line we should continue to move higher in the short term. I am not confident in the long term yet but i do see a nice move up to 45-50k if the support holds.
In this analysis I've used some lines to draw what BTC could do from this point. Another cycle and falling wedge from an higher price could happen as a breakdown and a descent to a lower zone.
We've seen this before guys. Look for a double bottom structure and an increase in volume.