In my trading approach, I employ Andrew's Pitchfork, leveraging its median line as a significant indicator. This line typically contains price movement around 80% of the time, offering a reliable framework for analysis. Alongside, I integrate Fibonacci Retracement, with particular attention to the 38.2% ratios. This level often serves as a critical point for...
FX:GBPJPY This pair has been on a steady uptrend since the 1st of February. Price rejected at 190.071 and started to create lower lows. In the process, liquidity was formed underneath the 187.917 and 188.912 levels. I'm looking for these areas to be retested before the uptrend continues. Based on the current trend, there is a possibility that the price may...
Price is testing a 4H Supply Zone, and already gave us a displacement on the 1H. Currently waiting on the OTE Level
HIE!!! your favorite forex analyst here. Please if you are looking to trade the EURUSD you need to watch out for the USDX 104.121 and 104.226 level which might cause a reversal into the overall direction of the dollar. Tomorrow might be a sell into the 104.226 or 104.226 level for the dollar during the Asian session and if that happens we'll see a retracement...
If the English Deck is serves right,we may have a nice sail down dragon hill through the indicated pathway. However trade with caution and manage your trades accordingly.
Based on the price action of USNATGAS, Ichimoku, Fibonacci levels, and support & resistance analysis, the target has been adjusted to 3.300, with a corresponding stop loss at 1.300.
Hello everyone, I invite you to review the ETH pair to USDT chart, also on a one-hour time frame. First, using the yellow line, we will determine the downward trend line from which the price moved sideways and then started a strong upward trend. Let's now move on to laying out the trend based fib extension grid to determine resistance locations. However, here we...
The price broke last high on daily chart and retest the 1.27 Fib extension level, I think the Bitcoin is still an uptrend until we reach the next supply area (either 2.618 Fib extension level or $58k)
Hello everyone, I invite you to review the FTM chart on a one-day interval. As we can see, the price has broken the downward trend line, above which the price movement is currently maintained. When we look at the EMA Cross 10 and 30 indicator, we can see that the red EMA Cross 10 line has crossed the green EMA Cross 30 line from below, which indicates a local...
GBPAUD Buy at HL (also 0.786 FIB , trendline support intact) SL , TP mention in chart
EURCHF Buy at HL (also 0.5 FIB , bullish divergence , trendline support intact) SL , TP mention in chart
With the recent upside in most major crypto pairings, it seems only fitting to look over Ripple’s technical price action against the US dollar (XRP/USD). Following a pullback from lows of $0.4856 in early February (off support at $0.4946), buyers and sellers have been squaring off at the underside of trendline resistance (extended from the high of $0.7488) since...
I invite you to review the chart of XRP versus USDT, in a one-day time horizon. It is worth starting here by identifying a very strong upward trend line that the price is currently based on. Additionally, we can locally determine a downward trend line, which, combined with the uptrend line, creates a triangle in which the price is approaching the exit...
After recovering from its trends in the past, it always seems to make a nice climb. I would love to see a 30% day.
I invite you to a quick review of BTC to USDT. As you can see, the price is starting to break out of the local upward trend line. After using the Fib Retracement grid, you can see how the resistance zone from $52,353 to $52,821 rejected the price increases. Looking the other way, you can see support at $51,780, next at $51,331, and then strong support around...
My target is big like my idea on Prakash Pipes which I just booked 30% but go for ATH from here, SL below 620 on closing basis or your own. CMP - 680 I am not a trader and also in a different timezone so I may not post updates on time but the lvls are clear on the chart.