A slight push higher will activate a bearish shark pattern, having that move may sound good but it also breaks the resistance level on the higher-timeframe, the 4-hourly chart(check out the link at the bottom).
Hello everyone! Ok, so XTZ is giving us a bullish sign here, it’s behaving similarly to other cryptos, and it seems it is a bullish engulf. Also, we can see that the 21 ema is holding the price for now, which is good for the bulls.
You guys know that I would prefer a sharper correction to buy XTZ, like it did happen with ETH or LTC, but that’s ok. Who already...
Daily support @ 1.785 w/ a potential inverted head & shoulders.
4hr : Price sitting @ .618 fib retracement. Support @ 1.785 needs to hold for price to move up.
1hr: Price stalling @ 1.785 support, need to see a rejection of this region in order to go long.
Price can look to reach 1.8000 then 1.8250
** DISCLAIMER* The content...
The bulls should sleep with one eye open here! Yesterday’s candle is a mix of Marubozu with Bullish engulf, which is awesome, but let’s not forget that the next resistance is near. The U$ 58.60 zone served as a resistance in the past, and as a target of a very successful Head & Shoulders pattern. So be aware of that!
The price found support at U$ 50.20, which was...
Ok, so BTCUSD did what was expected, and is giving to us a nice 10% profit in 6 days. If you missed my last call on BTC, you can check it here:
The buy sign was given by that harami, officially triggered at April 22, close to 21 ema and the upward trendline (purple). The stop was set at a...
Hello investors! Ok, ETH is doing some bearish movement too, and there are some interesting things to point out here. First, ETH failed in trading above the green line at $ 209, which is an important level to look at – the same level where I booked my profits from our previous trade, link to my latest analyses are below.
The good news is that ETH is trading above...
Good BUY setup confirmed on FX:USDCHF.
- Identify consolidation area, I do this by looking at the 1h timeframe.
- Wait for price to breakout and retrace back to the consolidation.
Trend Direction Confirmation and Expansion
- Observe the trend formation and price movement for entries.
- Calculate risk, and place...
Following USDCAD, we can see this major consolidation zone which has been around since Covid-19's Lock-down began. So, lets break this down further, this pair is in a range between my descending Trendline and this major support at 1.38701. As price rallied downwards last week, we came to our support zone and we did not break this support zone. Therefore, we...
Hello guys! As you know we are long here since this Bullish Engulf, and our trade is still active! But first, if you are new here, I invite you to follow me, so you’ll keep up with our trades and analyses. Our three last trades are on the chart, evidenced by the black arrows, and the links to these calls are below, so if you want more details, you are free to...
The bullish crab pattern has gone past the PRZ level. Right now there is an up arrow all that is needed is a bullish candle confirmation for a buying opportunity.
Personally, since it has past the PRZ area, I would rather to wait for candle confirmation at the HOP level.
This is the fourth consecutive harmonic patterns and previous 3 patterns are all winners, namely the shark pattern, butterfly pattern, crab pattern and now the Gartley pattern. It's amazing how this was setup.
Always remember, consolidation breeds harmonic patterns. If the Gartley pattern forms before 18 May 9am(+3GMT) this setup will be invalid.
Lots of traders...
In this sharp drop in UK Pound, you can either wait for a retest back into the red box to short or consolidation at the HOP level for a buying opportunity on this deep crab setup.
I will need the pink arrow pointing up to appear in order to do that, in addition, a bullish reversal at the HOP level.
Thanks for your like! Please also share to benefit the most! Much appreciated!
The all Saudi Arabian shares index TADAWUL have seen first an acceleration of the fall to finally recover a little bit lately.
Now in a narrow range, we can see that it is framed by a wider range still legit.
Zone 1 and...