Ascending triangle is coiling up. 0.85-0.90 got rejected but the ascending line did held beautiful as support. We can coil a little bit more in april in this triangle, but the breakout is imminent! Volume profile is also conforming this (descending volume) Targets: 1.01 1.20 1.39 1.54 (0.702 fib) 1.95 (last high) ATH's and further.
Near Protocol has been in a descending wedge and is about to break to the upside with bullish divergence forming on the 1hr
MATIC restart falling wedge with double bottom on 15min. MATIC seemed to have held well in comparison to other altcoins
SOLUSDT is heading to my buy zone for accumulation. Shorter term trades will close at profit taking areas on chart. Price action has formed large descending wedge for some time now. I expect PA to reverse course soon.
The price got a rejection from the daily resistance on 0.9$ after a breakout from the daily descending channel. The price lost the weekly support as well on 0.75$ On 4h Timeframe the price is creating a descending channel below the key level and the market is testing the 0.618 Fibonacci level How to approach? We are monitoring the price action if the price is...
COINBASE:BTCUSD Wait for the break out and see if it finds support for entry .. and entry prior to confirmed breakout is very high risk and should not be entertained.
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / ZAR * The PAIR has been trading in a descending channel just tested the TOP of this structure creating a double top after some strong bullish rally. - Short term the pair is currently rejecting at this structure possibly signaling a change in momentum...
The price is creating a descending channel on the daily timeframe. We can see two false breakout. Not the price is creating a consolidation above the daily support and dynamic resistance How to approach? IF the price is going to have a breakout from the daily dynamic resistance and weekly resistance (120$) According to Plancton's strategy , we can set a...
Hello Traders Here is a new SELL scenario, for the moment this is just an idea Aussie confirms the positivity until now 1.08000 is a level to watch ! I will come back to you with proper chart and signals ! JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including
The market had a breakout from the weekly resistance and retested as new support on the 0.786 Fibonacci level, and the price respected the dynamic weekly resistance. On the daily timeframe the price is creating a descending channel on the weekly structures, and the price is trying to have a breakout from the descending channel and daily resistance. On the 4...
Good Evening people… The new Trading week is upon us and with this I would like to revisit the Technical Analysis of the GBPCHF The initial post was 10 days ago and the market had progressed slightly towards our target zone for a potential trade set-up [For the initial Technical Analysis follow the link below ] Moving on to the progression of the...
UPDATE 3.0 GBPCHF Hope everyone has a good weekend... Today, I will be kicking off with a revisit to the GBPCHF As you guys may be aware - I have previously provided Technical Analysis for this currency and have been watching for the best part of the last 3 weeks You can find the previous analysis at both the links below… ... So, within the...
Hello Traders Here is a new SELL Scenario, a possible descending tendency 💹AUD/USD SELL STOP ✅ Entry @0.71400 - 71700 or below ✅TP-1# 0.71200 ✅TP-2# 0.71000 ✅TP-3# 0.70900 ✅SL# 0.72400 JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals
Hello Traders Here is a new SELL Scenario, i expect a stronger dollar (Fed Hike coming) and we are still in a descending trend line 💹EUR/USD SELL STOP ✅ Entry @1.13400 or below ✅TP-1# 1.13200 ✅TP-2# 1.13000 ✅TP-3# 1.12800 ✅SL# 1.14500 JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this...
It is early morning now - And, I have been looking at the USDs Everyone loves a USD trade - Surely, the EURUSD is the most traded, right? After reviewing my EURUSD chart - I found this... And, the Monthly, as always.... A Bearish Trendline in place since 2008 The Break-Out & a quick retest happened @the back-end of 2020 Any Buyers on the lower...
It's not a perfect Descending triangle wave pattern but I'd say it's in a good position to test the lower supports and are more likely to break them down if it's going to break now is a good opportunity
EURGBP on the daily chart is move since April 21 in a descending channel at the bottom of long downtrend. A few attempts to break above the upper trendline has always failed and same we can say for the lower one. Recently the price reached an important monthly support and start to consolidate exactly over the lower trendline. In this case a pullback to the ...
Hello Traders, Taking a trade on CRV. Will be adding to my position if we get a retest of the broken trendline. The same pattern has been played out three times before. High risk, protecting myself with a tight stop loss.' Trade at own risk. Good luck!