Pound-sterling is struggling to break it's MA100! If it does so, there MA25 might be a perfect dynamic level for responds of the pair.
MA25 might be a good dynamic level for short trades too! So I'll just take this pair under observations and I will not trader until the yellow box is broken.
Both green and red levels are strong.
The red line is aggregation of...
Technically, the USD/JPY pair is positive as long as it remains above the R1 (138.20). Upside barriers are represented by R2 (138.90) and 139.07.
Additionally, the uptrend line functions as dynamic support; only a new lower low and a legitimate breakdown below this line might render the upward scenario incorrect and herald a bearish reversal.
I was looking at USDT dominance (1D time-frame), and just found interesting signals 🌞
1. USDT.D has broken the green bullish trend-line and now is on a bearish move.
2. It is being rejected after it has reached the red trend-line as a dynamic resistance area .
3. The static resistance above is a strong long-term resistance area that is rejecting the...
after making consecutive bullish upmove without any correction or pull back, Reliance has started to correct, the pullback may end taking support of Fibonacci Retracements or can take support on 5 EMA or 20 or any other EMA.try to observe this script for better understanding of price corrections , pullbacks and to learn Dynamic support and...
EURGBP successfully break the falling wedge on daily time frame, price is retesting the pattern right now, on Fibonacci Internal Retracement 0.618
Price target is the cluster area of Fibonacci External 1.272 and EMA 200 (the green dynamic line)
FX:EURGBP
-Fibomic International-
BINANCE:MATICUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#MATIC is moving in a flat-top triangle, In other word; It has formed a bullish triangle and now the movement is approaching the edge of the pattern.
There will be scenario to play and...
If we get a red candle bar on a daily timeframe it might just indicate that it's loosing it's steam temporarily. Seeing the 21 daily RSI indicate that it has been overbought for a couple of days now. It is much better if wait for the CRO come near to the 21 daily EMA, touch it and then look for a bounce. Though nobody's stopping if somebody wants to short it. It...
USDMXN Bullish Confluence Factors
Trend: Up
Level: EMA 10 Dynamic Level is above EMA 20 Dynamic Level; Four or more touches on horizontal support resistance level
Signal: "Wait For Price To Close Above 20.88690 and then watch for a bullish price action signal near price level 20.88690."
USDSGD Pin Bar Trading Strategy
Up Trend
Exponential Moving Averages (Dynamic Support Level)
Horizontal Support Level
Pin Bar
The confluence factors are TREND LEVEL SIGNAL.
TREND: UP
LEVEL: Horizontal Support, Dynamic Support
SIGNAL: Pin Bar
EURJPY on the daily chart created a double bottom over a daily support.
The price is moving at a confluence point near to a dynamic support and according to Plancton's strategy if the market will break above the resistance we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
you can see by the chart that Gold is sitting right on support on adaptive moving average. If Gold close this 4 hour candlestick up above this support than it may be good chance to buy the dip. Because volatility be real high now with gold, adaptive moving average should be moving down, but it not budge hardly. This to me means that gold was not...
Neo try crosses up its dynamic resistance trend line and keep pushin, if we wanna setup eliot waves probably we are in 3th wave ABC correction, and the target may will be the fibo 0.618 retarcement. Also we are right on support zone at 4h time which is already confirmed at this level.
Trade Safe ,Stay focus !!!
FX:EURUSD
The chart is well explanatory on its own, let me just clarify to prevent confusion and uncertainty
Denoted Terms:
1. Key support level (Lower rectangle)
2. Entry level :- Horizontal green line
3. Near resistance/support (Upper rectangle)
4. Take profit levels:- Horizontal blue and purple line
The indicator used :- Relative Strength Index (RSI)
1. From...
BINANCE:BTCUSDT
I can see a real good movement on BTC, even though there might be some pullbacks along the movement...
(Using Fibonacci retracement) We can see a strong support (@ $29,700 - $30,000), since the very beginning of this year... and a near support/resistance (@ $40,500).... retracing the movement with fibonacci level, we can see the market projecting...
