Reading price action, we can see that we are in a uptrend meaning we should be looking for long-term buying opportunities. Price has recently broken resistance and is testing as new support. If price closes with the current rejection candle, we can anticipate price to push higher. However, if we break support and the trend line, we will have to reevaluate price...
3MINDIA has formed a very good structure on a weekly timeframe. A strong reversal from the confluence level of support trendline and horizontal support can confirm a Good Long Positional trade with 1: 4+ Risk Reward Ratio. (Target of 30000+ with SL below 23900)
Price show strong buy momentum . At ltf, price has break previous resistance and supposedly to retest and continue moving upwards. Reason buy : - Confluence with TL. - Higher TF shows QM setup for sell . After price hit TP. We can enter sell and watch it melt like butter. Thank you
There is a confluence of support and 0.5 fib level at that area. placing my Buy order slightly above that channel top... placing a SL is tricky on this one, as there are other supports right below the channel top. so its up to you and your position really. the bigger the position the tighter the SL and the more likely it will get triggered.. Remember it mainly...
Based on my predictions, ADA Will pullback to $1.17(RSI and MACD indicate short term pullback), then will test resistance at the area of confluence at $1.239 and hopefully break through to hit resistance at $1.48. I am not a financial advisor. Please invest at your own risk.
Could a fib trend extension taken from July 2017 to September 2017 have had the answers to the future the entire time? A fractal of a December 2021/January 2022 blow off top like the last bull market in 2017, but this time I am applying the repetitive pump and accumulate pattern that seems to keep playing out in between key Fib Levels. Let me know what you are...
Gang GBPJPY was called out on sunday and ranged up for a total of 150 pips, Shes now retracing back to the 50.00% off the fibb hitting the golden zone if we see more valid support then we could possibly see this climb higher and continue to take off, we need to see divergence which hasnt been shown to the upside as of now. hopefully you guys had gotten in at the...
GANG!! XRPUSD looking sexy for a buy to the upside i went ahead and got yall covered with two very beautiful BUY LIMITS please go ahead and execute these and dont miss out ! Cryptos on the rise !
Hello! I want to give you some information about this analysis So .. I chose a "Buy" position because the price intersects with several confluences of mine .. E.g. The price is in a demand area, it intersects with my round number, daily support and daily trendline. As we see in the picture, the price retested my area + the round number 150,000 and the Daily...
4hr Time Frame: Reading price we can see we are testing areas of support for the third time with a double bottom formation in confluence with long wick rejection. If price is able to hold, we can see bullish movement to 84.500 and if it breaks that we can see price reach 85.500. However, if price breaks support, we must reevaluate price action. Due to the...
We could see a retest of previous resistance here at 109.25 followed by rejection and continued bullish movement. Will look for: - Rejection off of previous resistance - Rejection off 61.8% Fibonacci level - Bullish confluence among indicators - In line with the current uptrend - Bullish fundamentals
Key Support Levels: - Fib Retracement 0.618 level (recent swing low to swing high) - Trendline (Two previous swing lows) - Anchored VWAP (Second & Third previous swing lows) - Fib Speed Resistance Fan (Second swing previous swing low to current swing high) - Key level (Old previous POC and Local LVN) - Monthly level (High time frame) - Fib Channel 0.25 level...
Bulls have taken price all the way up and they are exhausted at the moment, is this consolidation going on meant for them to gather steam to continue their bull run or is the consolidation for testing the resistance in this level? I believe Gold has touched a confluence over here and the bears are going to take over and bring price all the way to the 1735 area...
Possible long oppotunity on AUDJPY. - In line with the current uptrend - Positive confluence among indicators - Price action confirmation; 4 touches on trendline (4th touch can be seen prior to Feb 25th 2021) - rejection at the 61.8% Fibonacci level This sets us up for a high probability trade, I line with the strategy. Lets see what happens!
There's possible confluence with the 1.618 fib level and the measured move for the inverse head n shoulder. What do you guys think of this idea?
An important moment for LITECOIN as it reaches FIB level 1.6, AND the possible top trend line AND crosses MACD. It's just ANDing all over the place! It's just hit a bullseye, and is ready to move. Looks like a little mini U dipping in and out from the line. Look for another strong candlestick and then go long onto the NEXT LEVEL BABY. Remember, if you were...
This pair is now in a Downtrend Market. We are seeing two possible zones where Bulls may enter the market. If the Bulls fail to successfully defend the 20.20 Demand Area, then we expect the market to focus next on the 19.60 Demand Area. The 19.60 Demand Area is a fresh demand zone which has not been tested before. The Buy Zone is the Green Circle. We can use...
Short on key confluences: - 0.618 fib retracement - Minor area of S&R - Broken ascending TL's