This is exactly what I talked about on Sunday, price now pushing towards resistance area 1.16200. I'm currently not in a trade on this but ill be looking for possible shorts from that resistance area and another opportunity to take a continuation long after that.. these moves I wouldn't expected for a couple more days.
Hello traders and investors! Let’s see how the SPX is doing today! Last Friday, we had a classic Doji candlestick pattern in the daily chart, which wasn’t triggered today, so we have no pullback confirmation yet. However, we have more key points to work with right now. Besides Friday’s Doji, if we look in the 1h chart, we see a sideways correction to the 21...
A potential bullish shark pattern completes at 1.8161 for traders who are looking for a buying opportunity in GBPAUD. Structure traders can wait for the retest of the trendline for a buying opportunity. This is the wedge formation. Are you able to recognise it?
An emerging Bearish Shark Pattern completes at 0.9260. Upon completion of the pattern, the price of the candle close is important to determine if the sell zone is broken. If you are looking for a buying opportunity, a retest on the bearish trendline(blue) without closing below the trendline can give you an aggressive buying opportunity.
There is a bullish flag pattern on the USDJPY daily chart, however, I'm looking to buy lower the the flag pattern and engage the buying opportunity on the Deep Bullish Crab Pattern's HOP level that completes at 112.65.
I'm waiting for a double bottom to complete at 1.3446 for a buying opportunity, as long as it never breaks and closes below 1.3419, it will be alright for me to head in for a buying opportunity. I'm into this double bottom trading opportunity, partly is because on the daily chart the market is showing a sideway bounce setup, and this is 1 of my favourite trading setup.
On the 4-hourly chart, a Bearish Shark Pattern's completion point happens to be at the daily chart key resistance area. Great for traders who are looking for a shorting opportunity to engage the trade.
EURUSD forming a support area and rejecting the area of 1.15400. Ill be waiting for another rejecting on the 1hr to get long entry's from that support, this could be an opportunity for a longer term swing trade but also we could be consolidating so ill be taking a percentage profit around first targets, target areas if I do take that long trade will be around...
DAILY : 50 % Fibonacci retracement @ 0.00004689 has been filled. Currently traded around an important key pivot level @ 0.00004890 (MBB) !!! Indeed, a failure to stay and hold on a daily closing observation above this level would be the first warning signal, calling for further downside. Next significant support level being @ 0.00003702 WEEKLY : Dark...
Bearish Channel on the 4-hourly channel on Gold. If you have joined our live session you would have remembered how nice the candle rebounded away from the lower channel after I've drawn it? Amazing? It's just technical analysis.
Hello, here is my Shiba Inu Prediction, what i think we can expext next 18days :)
SOLANA - 1 DAY CHART Price Prediction for END OF YEAR! MAJOR SOLANA EVENT HAPPENING THIS COMING WEEKEND!! EXPECT TO SEE MAJOR UPWARD MOMENTUM IN PRICE ACTION! SOL has been riding the Support Trend Line since mid-OCT! For members that have not made a donation to the channel here is a SNEAK PEAK little call for you. I would (and I am) buy in now. If you would like...
Machines are leaving no trace what so ever before FOCM'S meeting. No recognizable candles on daily, weekly or monthly !!!
If you are looking for shorting opportunity, this is 1 opportunity you have to keep a close eye on. Descending Triangle is 1 of my favourite structure trading setup. There are 2 ways to engage it. 1. A touch of the upper trendline without closing above the trendline 2. A break and close below the support line and preferably closing below the lower shadow of the...
If you are waiting for a ranging trading opportunity or a sideway movement, a Bearish Gartley pattern should be what you are looking for. The Gartley Pattern is not the best setup we have identify and that is because Point C has touched Point A and that is a huge red flag for harmonic pattern traders.
The blue line that you have seen on the daily chart within this chart has turned to a red line that you can see on the current 1-hourly chart. Counter-Trend Traders can wait for a shorting opportunity at 114.25 on a Bearish Shark Pattern as a counter-trend setup. I will be waiting for the market to consolidate at 114.25 before I engage the market.
I'm waiting for a shorting opportunity at 1.1587 as a trend trading opportunity. Counter-Trend traders can wait for a double bottom opportunity at 1.1538 for a counter-trend trading opporutnity.
Money Makers! From what I'm seeing right now on the weekly TF Bitcoin has made a higher high but at the same time, it looks like a false breakout based on the previous candlestick. With that being said the bears are trying to gain temporary control to bring the prices lower to the next support. We all know when Bitcoin corrects, it happens very quickly. If you're...