Like I stated before, if price goes back above 90 and successfully retest the lvl, then bulls have the chance. If not, potential play is to build up shorts inside supply zones, then close the shorts and flip long once the price lvl is inside the buy zone.
After a fake breakout of the 4hr trend line (manipulation?), I expect this pair to re-test line before continuing higher. I would take this trade, via a buy limit order which would be placed in a confluence area with a 4hr trend line, market structure support and 50% fib level.
After a fresh high price price now retracing for a higher low. Price creates a falling wedge pattern which indicates further bullish movement. Next resistance 1.7800
It look like public Bank in the Reversal From last Feb 2019, it start drop And the downtrend is resisted by 50EMA (Expontetial Moving Avereage) And last March 2020, it V-shape rebound and break above 50EMA And create a "higher high" (2 times) & "higher low" (2 times). if coming week, it trade high, not break down to the lower trendline (Blue) then, it confirm...
After a break and close below that was followed by a close back above and retest of lower part of consolidation channel, this pair has confirmed the fake breakout and is now well placed with an opportunity to ride the next swing leg and the creation of a higher high on the daily TF. Target can be set at the 127.2% fib extension taken on the retracement. Entry can...
Asymmetric inverse head and shoulder pattern: due to the pattern being super-imposed over a significantly upward moving baseline trend, propelled by inflation fueled by the global money printing? Another point/consideration to add to the bullish narrative. SEE ALSO: BTC:USD -- Acceleration gaining, pulling up Momentum. Determining if we are in a...
APHA has broken the downward sloping resistance of the Falling Wedge pattern outlined in blue flush to the upside, and upon back testing the area of resistance it's now turned into support. Notice the higher high creation for the first time since 2018 ATH's? The Green pattern in this chart is an Ascending Triangle, and upon break out of this pattern APHA has...
I have much fun analyzing & trading the Great Britain Pound. I'm expecting short term bullish action within the upcoming hours on GJ. Price has been moving back & forth between a 15min Uptrend Channel, while creating higher highs & higher lows during the process. I've identified a few higher lows on the chart. It's also is currently sitting above a 200 moving...
Evening Traders, Today’s Analysis – LTCBTC breaking out of its 80 day consolidation, setting up a clear level trade. Points to consider, - Trend higher high - S/R Flip Retest (Local Support) - Immediate target (Weekly Resistance) - Oscillators above 50 - Noticeable volume influx LTCBTC has established a technical higher high, early signs of a trend change...
Hello Traders !!! I bring to you a second idea ! Take a look also on that idea posted earlier in this night that is on a small profit ! So EUR/USD hit a high from 2019 January, Risk on sentiment and economic news from Europe and USA are not good but somehow USA manage to be better than Europe. To be honest, in those days you can buy GBP, it way more...
Enjoy my professional analysis. Many calculations and best preditction
While Bitcoin and the well known alts continue to cure most trader's insomnia, Chain Link has taken the spot light. Once this alt broke out from it's previous resistance of around 5, it has been vertical. If you are new to trading, I would like to welcome you to another fine episode of the HERD mentality in action. Can this thing go to 10 over the next week? In...
Good Day Evryone Here's a look at the US100 index , the H&S setup didnt hold as we see the index continues hitting HH & HL we remain in an uptrend on the index so looking for longs from here we just hit a swing low so perfect time to look for entries on lower timeframes... Good luck and happy trading...
GBP/CAD long. Price retraced at fib 0.382 zone indicating a strong trend and potential bullish move. Fibonacci extension tool used from most recent extension move - 1.272 level is a previous level of resistance. H3HC would be used as entry candle and buy at market order placed 1 pip above H3HC candle. R:R of 1.13. Stop loss placed below Psychological level...
A daily break and close above, then retest of structure would present a good opportunity to capitalise on the possibility of creating a higher high on the weekly time frame; targetting the 127.2% fib extension of the weekly retracement!
Hello, Traders. HARMONY is testing an important resistance region and is above a short-term support line so we are presuming that this asset is on the short term bullish trend, but we need to see the price break this resistance to continue the bullish structure with higher highs and lower highs. Push the like button and follow us on Tradingview.
support S resistence R high H low L higher low HL Higher hi HH Lower low LL Lower Hi LH Stop loss SL Take Profit TP