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Price is in an uptrend. Price is currently at this level on the trendline. Price needs to show its hand on what it wants to do. If staying uptrend: need to show rejections on the trendline, and break the short-term retracement trendline. If breaking the uptrend to go to the downside: need to break the trendline with a momentum candle to the downside....
-NEW author on TradingView -2+ years experience in markets -Professional chart break downs -Supply/Demand Zones -Key S/R levels -No junk on my charts -Frequent updates -Covering crypto/US stocks ADAUSDT 4h : BEST level to BUY 40% gains (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential...
We need to proced with caution with this trade, the markest have a lot of volatility and risk aversion at the moment. On the technical side we have a nice buying area that we have tested before arround the 195, in case it breaks to the down side we close the trade because we don´t if the stock can return to 140.
bearish or bullish? where will this divergence take us?
Idea on EJ! I see that the market did a short impulse and we are now in a retracement. Inside this retracement (long), the market is creating more impulses and retracements. Right now the market is doing a retracement, and I can expect the market to retrace until the rotation point 1 in confluence with an imbalance, then it can make a new long impulse to fill the...
Hi everyone, hope you're doing well; This is my analysis on GbpAud; We can see that in high time frames the trend is short, and there is a Gap in the Daily time frame that the market needs to cover. Going more deep, in lower time frames, I see that the market is doing a slower retracement of the last strong long impulse. I think that the market is going to cover...
Hi guys, let me know what you think!
comment and let me know what you think.
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First it almost reaches the resistance, second the fibonacci retracement confirms the price action at the golden point at 50%, third the price is is consolidating
Breakout from bullish channel to 107.9 Correction to 106.7 at most. Impulse to strong structure at 109.4