On AUDUSD Price is currently trading within a well-defined ascending channel on 1HTF, inside a 4HTF ascending (reversal pattern) this gives an additional confluence. Waiting for price to test the upper dynamic trendline that serves as my support before going short. If you found this helpful, please support your fellow trader with a like.
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago reached the 36800 support level, which coincided with the buyer zone and in a short time broke it. Then BTC rose a little more, but soon it made a correction back, after which it entered to upward pennant. In pennant, the price at once...
Cable (GBPUSD) made a nice bounce, with price coming to a new high as BoE turned out to be more hawkish than expected if we consider the votes for the hike by BoE members. So it appears that the pound will stay in the uptrend as the whole pattern from an October low now shows an impulsive price action in progress. Ideally, that's wave five of 3 in progress with...
The price has arrived and is in the Global Purchase ZONE of 37.0-18.8 Global purchase level 27.9 Left the local area 24.8-13.6 Local purchase level 20.5 The purchase level according to the backup scheme is 22.3 The volume price is 25.9 !!! All levels have worked out !!!
Bitcoin has entered the Global Zone of Control (imbalance) 42690-59175 Local area 45070-54547 Level 1) 49038 2) 49320 Purchase Levels 15652.1 15732.0 Volume price 19199.2
The price formed a triangle in the control zone of 0.607-0.704, and after the breakdown left the GLOBAL ACCUMULATION ZONE! The Next Control Zone Is 0.931-1.233 My Control zones, some traders call them imbalance zones!!!
Hey folks, In this article, I’ll give you an update on USDMXN, which we’ve talked about before. You probably noticed that the Mexican Peso (MXN) has been quite strong for the past couple of years, mainly because of higher interest rates compared to other places, USDMXN short was a good carry trade. However, things have started to shift a bit recently....
Broken Trendline Keeps USDMXN In Downtrend For Wave 5 from technical point of view and by Elliott wave theory. USDMXN shorts are doing very well as we mentioned and highlighted on October 12, when we spotted a corrective recovery in wave (4). As you can see today, USDMXN turned nicely down from projected resistance and it can be headed much lower as bulls...
Hello TradingView Family / Fellow Traders, 📉 After a 130% surge , BITRUE:SKLUSDT has entered a correction phase and is currently trading within the descending blue channel. 🏹 SKL is presently approaching a robust demand zone highlighted in green. Therefore, as the price approaches this zone, we will be seeking trend-following buy setups on lower...
The redistribution of the coin occurred in the Control ZONE 0.0458-0.0870 The average volume price is 0.656 We are going to unload in the ZONE 0.293-0.989 To the level of 0.489
The price has again descended to the purchase zone 224.1-186.2 The price is below the volume price 242.5 The price is in the global accumulation zone 267.7-199.2 With a high probability, this is a re-test of the purchase zone and the Local zone. Follow the news around Binance!!!
This may be against the trend or as my friend says "going against a tsunami" but there's technical evidence to suggest that we may see a drop in Gold for the next couple of months. On the monthly timeframe we appear to be in wave 3 - which is made out of 5 impulsive subwaves. See below: Wave 2 and Wave 4 are ABC corrective waves and on the weekly timeframe we...
The price is in the Global Buy zone 0.0732-0.0226 Local purchase zone 0.0457-0.0230 The purchase level is 0.0363 The way out of the triangle is Vague!!! Is it possible to return to the Local ZONE ??? The price of the total volume is 0.0491 Potential for the future-$43 The DOT ecosystem is developing!
The price is still in the Global accumulation zone, as soon as it leaves it beyond the level of 0.703 with consolidation, this will mean the beginning of global growth of the asset!!! The purchase levels under the "Impulse" strategy were: Global 0.413 Local 0.410 Buy zone 0.497-0.348, level 0.416 I don't see the strength yet! it is possible to return to the zones:...
5M chart allowed to enter early Aggressive trend trade 8R - short impulse + resistance level + biggest level T1 + biggest level 2Sp- + weak test + below first bullish bar closed entry Calculated affordable stop 1 to take profit (can extend to 1 to 2 of 1H if closes volumed Sp) 1H chart situation + long balance + resistance level - expanding ICE level 1D chart...
After careful analysis, it's clear we've entered a bull market for BTC. The global correction wave 4 concluded in November 2022, and the recent price actions offer confirmation. Here are the key takeaways: The trend from 23rd November 2022 presents as a robust bullish impulse. All impulse waves and corrections looks nice and well-balanced. The waves within...
Bitcoin is currently trading below a local SFP level and is looking to cool off a little bit over the weekend, possible coming back down to the golden pocket mapped out below (Orange Double Lines). If it does reach that zone, I would expect price to keep climbing in the short term, but anything can happen. Lets see how this all plays out. This is a great area...
The asset has again entered the buying zone 3.648-2.625 Touched the purchase level of the local zone 2.910 It is below the global purchase level of 3.624 It is below the volume price of 4.229 My pending order 2.910 was triggered Stop order 2.09