Time Frame: 4H
Symbol: GBPUSD
Entry: 1.13057
TP: 1.09444
SL: 1.15918
Bias: Short
Current price pattern is in a tight range and the expectancy of the directional moves is mediocre. As we see the oscillations of price from support to resistance and resistance to support is dynamically drawn towards tighter ranges which may signify lack of interest from the...
Blue skies
Smiling at me,
Nothing but blue skies
Do I see.
Bluebirds
Singing a song,
Nothing but bluebirds
All day long.
If Quant would be singing this famous jazz song by Irving Berlin from 1926, it would probably rather go like this:
Blue zones
Beckoning me,
Nothing but blue zones
Do I see…
From the end of wave (ii) in blue at the upper edge of the lower blue...
we need to hold above the current support the 18k+ , the first signal of strength of the bull is breaking the 24k+, then going towards the 29600$, which will confirm the bullish reversal for this year .
if we didn't hold the 18k this time , we might see huge dip till the 13k.
This chart points out a head and shoulders pattern, which is very bullish. I also drew the resistance lines showing the potential price.
The chart also shows an inside bar bull break which is also very bullish.
Keep in mind i am not a chart expert.
Please comment on my charting.
BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first take a look at my previous analysis and positions.
between now and the yellow area, you can open a long position in two or three steps. 🐱🏍
If the price rises and reaches the TP1 level, you can risk-free the position.
TP1-2-3 are on the chart.
The optimum stop-loss is below the determined levels.
...
• AMC looks quite resilient since our last analysis on it;
• Although it did a bottom sign last week, AMC couldn’t trigger the reversal pattern. However, the support level we mentioned at $6.80 is still working, as at any moment AMC closed a candlestick under this line;
• Since it is retesting this support for the second time, this could be a Double Bottom chart...
Ethereum has been doing aqua aerobic in the blue zone between $1456 and $1013 for a while now, moving up and down along the 61.80%-retracement. Although it could have gained enough drive already to start the ascent, we expect the cryptocurrency to dive a bit deeper still before rising out of the blue zone. As soon as wave (ii) in blue is finished, though, Ethereum...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.13709
TP: 1.17535
SL: 1.11053
Bias: Long
The study of dynamic support and resistance displays a narrow range and the price is oscillating between two extremes but the volatility factor is low. That is why we cannot expect a high potential trade from the current price context. Considering the price pattern we can...
We have some heavy price action which has recently broke and this could be the sign of XRP climbing upwards to key levels not seen since May.
1) Weekly Trendline - this has been in state since November 2021 - this hasn't been broken since price action in late September (Bullish)
2) XRP has Strongly broken out of 100 day range trading between $0.30-$0.38...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.12359
TP: 1.15231
SL: 1.09811
Bias: Long
The price pattern of this instrument is showing a bullish bias. The price level is tilting up slowly but steadily again. The bullish micro trend may sustain.
******SELL XAU/USD**** RISK : REWARD - 1:3********
XAU/USD SELL SETUP ON 15MIN TIME FRAME.
PRICE MAKES 🚨 🚨 🚨 🚨DOUBLE TOP AND HIGHER HIGH 🚨 🚨 🚨
WHERE RELATED TO AWESOME OSCILLATOR MAKES 🚨 🚨 🚨 🚨 HIGHER LOW... 🚨 🚨 🚨 🚨
SELL XAU/USD @1660. WITH SL OF @1666.50 🚨 🚨 🚨 OR U CAN WAIT FOR THE RETRACEMENT AS DRAWN ON THE CHART.
🚨 🚨 🚨 🚨1ST TARGET @1649 🚨 🚨 🚨 🚨 🚨
THEN DO...
Nifty 50 , Based on previous published chart Nifty today retraced .5 percent from previous high.
Creating another wave (Wave count ABC marked with Yellow color)
Call Option for 17300.
On Friday we had major rejection at 17156-17216 which was previous selling zone.
Next if we trade below 17026 then one test 16500 is coming. Stops for shorts will be 17156. Support 16958-16870-16798-16556
Further weekly close below 17056 then we are heading towards much lower levels which I will update in next week analysis
I used Elliott Wave and Fib to predict the future move for Nifty 50. After bounce back from 16747.70 the next wave should be 1.272 (17240) or 1.414 (17370 ) or 1.618 (17540) as I explained in the Image.
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.10740
TP: 1.07924
SL: 1.13337
Bias: Short
The obvious trend here is bearish. We expect a sell position from the current price projection.
