According to the price condition now it is facing a very strong resistance that forms a celling to it right now and it created a downtrend line with 2 waves and now we are about to create the third wave. If u used ur fib tool u will see that the price is near the 61% and 71% fib level that’s why i chose to put a sell limit order around 1.46750. I also chose 50...
the price is standing at a strong area of resistance since Oct 2022 this area pushes the price each time very strongly. the second entry reason is that the price created this reversal head and shoulders pattern so we can enter a sell trade directly around the neckline
According to the price condition now it is facing a very strong resistance that forms a celling to it right now and it created a downtrend line with 2 waves and now we are about to create the third wave. If u used ur fib tool u will see that the price is near the 61% and 71% fib level that’s why i chose to put a sell limit order around 1.46750. I also chose 50...
the price is standing at a strong area of resistance since Oct 2022 this area pushes the price each time very strongly. the second entry reason is that the price created this reversal head and shoulders pattern so we can enter a sell trade directly around the neckline. The price melted from the neckline after closing below it and my trade is in 70 Pips now...
the price is standing at a strong area of resistance since Oct 2022 this area pushes the price each time very strongly. the second entry reason is that the price created this reversal head and shoulders pattern so we can enter a sell trade directly around the neckline
As i mentioned in my previous idea i shared with u a free trade on EUR/NZD With FULL details i will add the idea for u in the comments and in the related ideas. If u followed my analysis and entered a sell trade on EURNZD CONGRATULATIONS ur trade should be in 120 pips profit. Make sure to book some profits and keep following my ideas here on trading view to catch...
The price is moving in decent nice waves . The last wave was a great success after the price broke the stubborn support we entered a sell trade together u can check that in related ideas. Now the price is creating a new wave and i think the retracement is over. Using my Fib tool, i figured out that the prices hit 71% fib level and for me it is the right time to...
the price finally broke the support after giving nice wave on Fibonacci and touching 78% fib level. i entered directly after the support was broken as i needed more confirmation that the price will melt down
after the price hit a strong area of supp the price gave a very good bullish price action so we can enter a buy trade now
Please view the chart for details. If you are unfamiliar with anything on the chart feel free to contact me and ask questions. We are here to teach #newtraders and save time for #experiencedTraders. Here is a link to #Floki on #CoinMarketCap to do more research on #fundamentals and find news that may validate a pullback soon. Check out some of our private...
Hey traders, I figured I would draw up a plan for everyone and make it as simple as possible to follow on the chart. Please let me know if this helps as I will continue to do this in the future. We do keep a live bitcoin chart like this on all the time. Feel free to come check it out as it is free to view. Please let us know what you like or what we could do...
Soon to be listed on Uphold which is one of the few crypto onboarding exchanges that US residents can purchase coins and tokens directly from their bank accounts. This is a chart from Gate.io showing a pretty solid falling wedge pattern. In which the price action has came back down to the entry zone and is retesting the falling wedge. Falling wedge patterns have...
the price is moving in very nice waves and we are in the 4th wave now if we use the fib tool it indicates we can buy now
the pair after breaking the down trend line the 71% and 78% fib level pushed it back again under the down trend line
after breaking the uptrend line the price is near an area of resistance which is very strong let s see how it will act near this area
USDCDAD is a hard pair to expect its next move, but now we have this nicely respected up trendline. if we look at the trand line and put our fib tool we will see that we are near the trend an also near the fib 61% and 71% FIB levels. all we can do now is to wait for a bullish price action around our 2 point ( fib level, trendline ) and from there we can enter a...
Finally, the sideway movement was broke strongly to the downside. entering a sell trade will our goal in this pair. in order to have a small stop loss on this sell trade we need to wait for a little re-tracement either wait for upside wave with good price action or draw your fib tool once you have a bottom with good bullish price action referring that the price...
on the 4h timeframe we can see the pair draw its own scenario after forming a head and shoulders pattern which is a reversal pattern. i will explain shortly how to trade it and where exactly to put our sell trade. in this case we have the left shoulder and the head are formed we are waiting for the right shoulder to be formed. we can measure with our fib tool our...