NASDAQ:INTC is about to create such a massive higher timeframe candle - a drop is immanent!
Within one month, a setup played out and we are back to beginning. During the past 30 days, Intel rejected the support towards the upside with a move of +25% and immediately reversed the entire move. The monthly candle will close so bearish, I do expect a break below...
My First Video , showing how Price action can be a little deceptive if you don't check it on a lower time frame. I was learning some strategy that will help you identify fake outs early .. I am still learn how to identify them . Hope you enjoy the video. Thank you
I stated with GBP USD on TradingView Oanda July 14, 2024 From Day to 5 minute Time Frame and...
Hello Traders !
The USDJPY failed to break the resistance level (160.400 - 158.950).
Currently, The support line is broken !
So, I expect a bearish move📉
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TARGET: 154.945🎯
On the 1 hour timeframe, we had a break and hold below the ascending support. Let me know what you guys think... Do you think this is a bearish breakout or fakeout? Leave comments below.
BTC.D is at 55.60% (Live),
Breakout Of Trendline Resistance (58%) Will Lead A More Crash In AltsCoin
FakeOut Will Be The Bullish Sentiment For Alts Market
MANTA Network (MANTA), a privacy-focused DeFi project, has recently exhibited a bullish breakout that suggests significant price appreciation in the coming weeks and months. The token broke out of a descending triangle pattern, signaling a potential trend reversal and a surge towards its all-time high of $10.
Deceptive Breakout and Liquidity Sweep:
MANTA's price...
Here I have EUR/USD on the 4 Hr Chart!
Price made a good push to the Upside surpassing the Highs earlier this month but then getting caught up by the Highs of April
Currently Price is bouncing back and forth between the Falling Resistance and Rising Support.
Potential False Break zones for both Resistance and Support are marked by the High and Low Points...
If you believe Tuesday's move to the downside to be a fakeout, one potential play could be as shown on the chart. Target would be range highs. Personally would not consider trading this move.
If we want to predict the high leverage positions we can take in possible breaks depending on the formation we are in, the results we can get are satisfactory.
Here I have EUR/USD on the Daily Chart!
This Spring of 2024 we can see Price of EUR/USD has kind of been "trapped" where you can see the Highs in March begin to follow a subtle Falling Resistance from the Local Resistance Zone, then CONFIRMED by the test of said trendline early April and NOW early May where we see Price has come to rest just below our Falling...
Internet Computer (ICP) has once again demonstrated its resilience by bouncing off a critical support level at $11. This price action suggests that ICP may be poised for a rebound and a potential continuation of its upward trajectory.
Key Support Level and Reaction:
ICP has consistently shown strong support at the $11 level, bouncing back from this zone on...
Here I have EUR/GBP on the 4 Hr Chart!
Ever since its visit at the Support Zone @ ( .8534 - .8528 ), Price has been steadily making Higher Highs and Higher Lows with the most significant High in the Price Action being Friday's High reaching the Resistance Zone @ ( .8586 - .8581 ) on the release of LOWER than expected NFP numbers for USD ( 175K Actual - 238K...
Hello Traders and Investors, today I will take a look at Tesla.
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Explanation of my video analysis:
Back in 2020 we had a decent break and retest on Tesla stock which was followed by a pump of +1.500% towards the upside. Then Tesla topped out in 2021 and we saw sideways movement ever since. At the moment Tesla stock is trading in a bullish flag...
BONK is currently trading within a symmetrical triangle pattern on the 1-hour timeframe. This pattern is characterized by converging trendlines connecting a series of price highs and lows, creating a triangle shape. Symmetrical triangles are often considered continuation patterns, suggesting that the price is likely to break out in the direction of the prevailing...
MATIC has been exhibiting a peculiar pattern on the daily timeframe. The price has been accumulating lows twice now, followed by a sharp shakeout of those lows (liquidity grab), which then triggers a pump. This article will focus on the idea that history repeats itself in the market and how we can capitalize on this by identifying these patterns.
The accumulation...
UNI has been trading in a clear uptrend on the 4h timeframe. The price has been respecting the ascending trendline and making higher lows. However, the price is now approaching a strong resistance level at $13.
The ascending trendline:
The ascending trendline is a bullish pattern that is characterized by two converging trendlines, one connecting lower highs and...
CADCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level.
If the sell momentum continues the next target could be 0.6460
What you guys think of this idea?
Here I have EUR/JPY on the 1 Hr Chart!
The HOT news on French PMI Thursday Morning followed by the Not-So Hot German and Manufacturing/Services PMI readings began the formations of a strong reversal pattern called a Double Top!
The mixed PMI results for USD seemed to ease Euros' decent
BUT
With 2.8% CPI and talks from the ECB of "possible Rate Cuts in March",...
