Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the Fib Retracement saitka, you can see that the price is struggling with the resistance at the level of $45,050, while there is still strong resistance at the level of $46,766. Looking the other...
Hello everyone, I invite you to check the current situation on BTC in pair with USDT, taking into account the four-hour interval. First, we will use blue lines to mark a strong downward trend channel from which the price moved sideways, from which we can determine a local upward trend. Looking at the current price consolidation, it is worth deploying the Trend...
By studying the USDCHF on a daily time frame we can see the price reached the rejection block and had a bullish reaction, then the price created a high on 23 January that is located below the bearish order block which was created on the 0.5 level of Fibonacci. So we have a liquidity pool formed as an equal high below the bearish order block. In addition, we can...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price dynamically returned to the downward trend lines. After unfolding the Fib Retracment saitka, you can see that the price has returned to the strong support zone from $42,517 to $42,227. Looking the other way, you can see resistance at $42,940, and then a...
Please see the ETH chart on a one-hour interval. As you can see, the price remains below the downtrend line. After unfolding the Fib Retracement grid, you can see the support zone from $2,259 to $2,239, followed by strong support around $2,183. Looking the other way, we will mark the resistance zone from $2,298 to $2,333, and then the resistance at $2,391. The...
Hello everyone, let's take a look at the BTC to USDT chart on an hourly basis, as you can see we are staying above the local upward trend line. After unfolding the trend based fib extension, you can see support at the level of $42,443, and then you can see the zone from $42,001 to $41,679. Looking the other way, you can see the price struggling with the...
Hello everyone, I invite you to check the current situation on the BTC to USDT chart, taking into account the one-hour interval. It is worth starting here by marking the local upward trend line with the yellow line, which, as you can see, has kept the price from falling further for the fourth time. After turning on the EMA Cross 10 and 30 indicator, we will see...
Well, the price reached the extreme demand zone in the daily chart. As you can see the price created the liquidity pool above the demand zone and had a bullish reaction after sweeping the liquidity and hitting the demand zone. Now, we can expect two different scenarios for uptrend. 1. The price can start rising from here because it hit an important level and...
Hello everyone, I invite you to review the BTC to USDT chart, taking into account the four-hour interval. Here we will also start by defining an upward channel, this time from which the price broke out at the bottom and the decline itself was ultimately close to the height of the mentioned channel. Next, you can see how the price moved upwards from the downtrend...
Hello everyone, I invite you to a quick review of BTC on an hourly basis. As you can see, the price dropped below the local upward trend line. After unfolding the trend based fib extension grid, you can see how the price is struggling under support, if it starts to go further down, the next one is at $41,473, and the next strong one is at $40,640. Looking the...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price remains above the local upward trend line. After unfolding the Fib Retracement grid, you can see that the price has returned to the strong resistance zone from $41,419 to $42,198, when this zone is broken, there is still strong resistance around...
Let me show you how I read market structure. I'll walk you through the analysis, and I will welcome your feedback. I look forward to hearing from you! May profits be upon you.
Going into next week I anticipate higher prices on Fiber reaching into the orderblock indicated. If there is a daily close above the orderblock I would anticipate price to go through the buyside liquidity. You can use this trade idea to look for long setups using your strategy. The dollar also shows signs of willingness to go lower which supports this idea.
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. Let's start by defining in yellow the downward trend lines under which the price remains. Now we can use blue lines to mark the local channel of the sideways trend, the break from which resulted in a decline close to the height of the...
AUDUSD: Daily Long Signal - 24-01-18 Set-up: D AC.4 Entry Price: 0.65700 Take Profit: 0.66720 120 PIP gain Stop Loss: 0.65100 60 PIP Stop Loss Risk To Reward: 1 % For a 1.7 % Return Could use a dynamic stop loss and take profit but that's my own personal strategy. I Also could scale in with my trade plan as well. Once All risk is off the table
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price has dropped significantly and remains below the downtrend line. After unfolding the trend based fib extension grid, you can see support at $40,602, and then strong support at $39,217. Looking the other way, we have resistance at $41,476, the second at...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the short interval of one hour. We will start by defining the downward trend line in yellow, and here we can see how the price left this line sideways and formed the so-called Bearish Pennant, which we used blue lines to mark. It's worth taking a moment to...
I invite you to review the chart of ETH in pair with USDT, also on a four-hour time frame. You can see here a similar movement behavior as in the BTC chart, it can also be defined with blue lines, a local channel of an upward trend, in which the price remains for now. Going further, it is worth spreading the fib retracement grid to determine price supports. And...