hello guys!
as you may know, yesterday oil decreased a lot and for a commodity like oil, average weekly movement is 80 pip (weekly atr=80) but this week, wti move 140 pip so far, so I predict that this 2 remaining days it will to correct last move and when touch that gray zone and trendline at same time, moving downward until the demand zone.
thank you for your...
We are at a point which we can consider end of a correction (rectangular structure). So, basically what we should do next week is as follows:
1st: We seek for a green candle, which we can consider as a go-long-trigger, on 1h chart in order to open a long position. (or another trigger that you, yourself use in your own trades.)
2nd: The top of our gray...
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What do you think?
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Price at the supply zone
and in cp(feshordeghi)
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Prices in supply areas and in cp (compression)
reaction to the trend line and the latest bull candle show market decision
RSI Divergence
DONT FORGET DOWN TREND!
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A perfect example, in hindsight of course, of the trading axiom, "From Failed Moves Come Fast Moves" - in popular new stock trading name - Blink Charging. NASDAQ:BLNK
TD sequential has counted 9 consecutive bars downward on the daily, this typically is indicating a retracement is about to take place. When measuring the highest high to the lowest low on the daily's down trend this becomes a textbook Fibonacci retracement to the 0.382 level. Further supporting evidence to support this theory is the rejection of the downward...
Four months range-bound, this low-volatility ETF includes 600 constituents and offers a tiny 0.10% fee for the more passive, but still risk inclined investor (these are small cap growth oriented stocks).
The pattern boundaries are clear, and volatility is relatively low vs. historical. Price action above $235 would confirm a breakout to the upside, while a move...
I think we are looking at a possible rounded bottom. Now would be a good time to start accumulating some spot Bitcoin. A daily close below 28k would invalidate the pattern.
Also, I think the neckline is a key level that no one is paying attention to.
Crypto loves rounded bottoms (Adoption curves). This is where a lot of the strict price level traders miss out...
COINBASE:BTCUSD
Hello everyone 😃
Sorry for low activity on past days !
Actually I thought that there's no need to update my analyze..
Any way, The last analysis played out goodly.
Now, BTC just engulfed an important line on hourly TF and it just break above the H12's zone, Now bulls needs to wait for a daily close to confirm the break on classic vision....
