Over the last 2373 Days, bitcoin has experienced volatility between $1830 and $69,000.
During this period, bitcoin closed with a green candle 4 times for 7 consecutive weeks.
This week, it will repeats the record by closing green candle for the 5th time in 7 consecutive weeks.
In the cycle I mentioned, the green candle could not close for 8 weeks.
After...
USDJPY's Weekly chart confirms the presence of a Bearish Fib-3 Bat Pattern, signaling a potential trading opportunity.
One approach to engage this trade involves patience, waiting for a break and close below 146.66 on the 1-hourly chart.
Upon confirmation, I plan to enter the trade, anticipating a significant pullback or a setup aligning with the bearish...
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
Despite GBPUSD showcasing a bullish trend, I'm eyeing a shorting opportunity on this pair. The daily chart signals the completion of a Bearish Bat Pattern, yet a direct engagement at this level poses considerable risk.
To mitigate this, my strategy involves patience, awaiting a market retest on the 1-hourly chart. Coincidentally, this timeframe also displays a...
EURUSD offers a spectrum of opportunities catering to both buyers and sellers.
For those eyeing a buying opportunity, consider confirmation at the current price for a structured trade on the 4-hourly chart. Alternatively, trend traders might await a retest around 1.0688, targeting a bullish shark pattern setup.
On the flip side, if shorting is your preference,...
Microsoft ( NASDAQ:MSFT ) has been on a bull run since the AI hype started. Despite a correction that pulled it down all the way to $310, it has recovered well and continues to stay strong. However, after analysing its most recent bull run and using the RSI indicator, I have concluded that it has exhausted its bull run and is ready to take another correction.
...
Hello dear traders and friends. Let's take a look at the AUDJPY chart and explore the potential bullish move that could happen from around here.
As observed in the 4-hour timeframe chart, the overall direction of the price is bullish , characterized by higher highs (HH) and higher lows (HL). The price respects a bullish trendline acting as support, with clear...
NYSE:DIS has been working on a bottom for a long time. The stock has moved up recently due to heavy buying of Dow components for the DIA and other ETFs which require Dow components.
Many Families are making Disney Resorts a holiday location this year.
The stock now faces stronger bottom completion resistance from the 2nd quarterly report, which sent the stock...
TSLA shares are up today, reacting above the 21 EMA seen on the daily chart, which, by the way, is still pointing upwards. What's more, it hasn't managed to lose support at $226, which we nailed in our last public study (the link to my previous TSLA analysis is below this post).
Given the technical evidence described above, TSLA maintains bullish sentiment in the...
As you can see in the chart massive bearish divergence between price and MACD indicator in weekly time frame which can cause a long term selling opportunity.
Also price is testing bullish trend line acting as resistance since its connecting the tops and every time price test this trendline sellers jumped into market and drive price lower.
Also as you can see we...
Hello, dear traders. I hope you're all having a great week.
Last week, we were looking to buy the DXY in two areas, which turned out to be very successful, and you can review those details in the attached chart.
However, on Friday, the price managed to break below our important daily low, shifting the market structure to the downside. Now, in the 4-hour...
Are you looking for a Breakout Stock? It's right here.
What's your view on this? Please share.
Hope this post adds valuable insights to your trading/investment journey.
Don't forget to share with your friends. (Bcz as your friends join you will have someone like-minded with whom you can share and discuss and bring clarity to your learning and life.)
...
What is a Hanging Man Candlestick?
A hanging man candlestick occurs during an uptrend and warns that prices may start falling. The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. The hanging man shows that selling interest is starting to increase. In order for the pattern to be valid, the candle following the hanging...
USDJPY is currently demonstrating a Bullish Trend .
For traders preferring long positions, the Bullish Deep Gartley Pattern on the 4-hourly chart might serve as an attractive opportunity for going long.
As part of the strategy, waiting for the market to retest the support level on the 1-hourly chart at 149.26 before entering could be a wise move.
Each...
It appears EURUSD is currently within a Weaker Bull Trading setup.
For trend traders, waiting for a counter-trend opportunity might be a potential strategy.
Counter-Trend Traders, here are two considerations for your approach:
As the market resides in the supply zone on the Daily Chart, waiting for a double top formation coupled with RSI Divergence could offer...
A retest of the Bearish Gartley Pattern, especially on a Friday, presents an intriguing opportunity.
Waiting for candlestick confirmation before initiating a short on the Gartley pattern aligns with a counter-trend trade strategy.
This cautious approach can often mitigate risks associated with abrupt market movements.
Good luck with your trade and stay...
Hello dear friends and traders. Let's take a look at AUDCAD and explore the potential selling opportunity in this pair.
As seen in the chart, we have a 4-hour bearish market structure where the price is creating lower highs and lower lows. Consequently, we are only interested in taking short positions for the moment.
After the price formed a recent low, it...
