When I published my original $RSR chart (you can look it up on my account) it looked like we were in a descending triangle, possibly seeing $0,02. But this bullflag is very clear, so we could see a nice pump soon.
LITECOIN change its trend after a long short trend and now it is in a strong ascending channel. its look that LITECOIN wants to rest and become range after a spike. then it continue the trend and goes up till higher target (148.00) .
0.23USD showed to be a strong resistence to nuls. A funnel formed and give potencial for a head and shoulders pattern to run the next days/weeks. Its just a idea. Make your own study. Im not a financial advisor.
Rupture of a down trend line since 2008. It seems that EUR/USD have a great potencial to help us profit. A strong resistence ahead. But if we break it, we have a double bottom just above. We can go directly of test the resistence first. If we go back that down trend line, forget and wait another plan. Hope this helps you in anyway.
I am not a financial adviser....
In this analysis in H1 timeframe we could see a possible drop of more 10%. that mean that Bitcoin it's appears need to make a correction before o c to continue up the trend, that is a possible drop seriously that bears is right now take control of this momentum.
Now compared their movement, the rising wedge say us a possible continuation until the $9,100 USD go...
It look like public Bank in the Reversal
From last Feb 2019, it start drop
And the downtrend is resisted by 50EMA (Expontetial Moving Avereage)
And last March 2020, it V-shape rebound and break above 50EMA
And create a "higher high" (2 times) & "higher low" (2 times).
if coming week, it trade high, not break down to the lower trendline (Blue) then, it confirm...
this is trade 84) frm haidojo trading..as predicted earlier, fkli has broken below the 1587 and went very close to the 1555-1560 level, but not touching it...
so now after breaking tru 2 level of supports, which are 1587 and 1570 (I have to confess, I totally missed this)...now price has found a new support level at 1563...somewhr in between 1560 and...
Looks like a possible change of direction if it breaks this lower high level and resistance area. USD/CAD is at a strong resistance area and has been in consolidation it is about to possibly break market structure and if it does I'll be Looking for the next projection to be 137.479 for short term plays on this pair.
Is $BAP making a H&S's top, rounding top, bear flag? We just made a lower low and we are currently grinding up slowly. If we break the $200 support area we could see falling prices.
It is looking weak but that doesn't mean institutions aren't going to support the price. Not a clear entry with mixed signals on multiple timeframes and indicators.
With a proper...
Just a casual update on an earlier analysis posted:
Presently biased towards bullish.
AUD appears to have find support above the blue line -- previously acting resistance of the steeper downward channel since Dec 2018.
The pink lines forms the gentler downward...
CHF/ZAR has been dominated by the bears for a bit of time. We see that it takes a break for the short term.
First target: 14.52
Final target: 14.60
I wish everyone a happy New Year!
Not much to do with this trade. Have been tracking when risk on would take profit and with SP topping near ATH's
and with FED hinting less rate cuts than expected I am ready to sell.
The 3 Slopes I Marked have been broken by the big red candle forming the lower LOW and breaking the 21 ema.
Not much else to do with this trade. I fib'd the move and the...
The price has tested 3 times the resistance zone and bounce back each time.
We are expecting the fibo retracement to reach .5 in order to sell.
The price also broke the ascending triangle so the change of trend is confirmed.
Comments your opinions!