H1 time frame. Structure: Downtrend. After the price broke the Key level at 59000, there was a move to retest. With the current retest zone, the price has formed a triple top reversal pattern and a divergence signal appeared. Wait for the confirmation signal, then you can find an opportunity to enter a sell order. The profit target is the 51000 price...
We are currently trading at key weekly demand or support zone. Coming into this level we see a falling wedge formation which is a bullish continuation pattern. So we go long upon breakout. Will update as time goes on, stay tuned! Good Luck. God Bless!
H4 time frame. Structure: Downtrend. Key level at 1.44500 has been broken. The price is forming a retest of this support. Wait for the continuation of buying pattern to appear, then you can find an opportunity to enter an order with EURCAD. The profit target is the 1.47500 price...
H4 time frame. Structure: Uptrend. After showing a divergence with the MACD and a double top pattern, USDJPY price broke through the Key level at 112,700. Waiting for the price to return to the 50-61 Fibo value zone of the strong down move at 114,500 and a bearish reversal signal will appear, then we can look for selling opportunities. The profit target is the...
H4 time frame. Structure: Downtrend. Key level at 1.71000 has been broken. The price is retesting and here waiting for the formation of a continuation pattern after clearly breaking the Key level, then looking for buying opportunities. The profit target is the 1.75000 price...
H2 time frame. Structure: Uptrend. Key level of short term uptrend at 0.92500 has been broken. Here, wait for the price to return to the 0.92800 area to retest and appear bearish reversal patterns, then you can find selling opportunities. The profit target is the 0.91800 price...
Hello,Traders! AUD-CAD broke the horizontal key level And because a daily candle closed below The level, we consider it a confirmed breakout Thus, we are now bearish on the pair And I am expecting it fall From the supply area toewards the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
EURAUD buy dip now above key support level and expect the movement of 5th wave elliot EURAUD TYPE : BUY TF : H2 ENTRY PRICE : 1.5780 STOP LOSS : 1.5690(90pips) TAKE PROFIT : TP1:1.5800 TP2:1.5840 TP3:1.5900 TP4:1.5970 TP5:1.6050
H2 time frame. Structure: Downtrend. Here appears a divergence signal with MACD. Waiting for the price to break the Key level at 1815 and appear a retest signal can find buying opportunities. The profit target is the 1840 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
H4 time frame. Structure: Downtrend. A divergence signal and a double bottom reversal pattern appeared at the support area of 1.61000. The current price tends to break the Key level at 1.63500. Waiting for the price to clearly break the Key level and appear a retest signal can find buying opportunities. Profit target is 1.66000 price...
SHIB Mid term analysis SHIB is going to breakdown this huge wedge pattern and if it happens I expect to see a 20% drop or even more. The best place to buy a little SHIB is around key level as you can see. A bounce from the key area must be happen IMO, BUT I'm still not sure about that. We must wait to see what will happen in the near future.
H4 time frame. Structure: Downtrend At the support area of 1.33500, a double bottom reversal pattern appeared and the MACD dynamics dropped with divergence signal. Key level is clearly at 1.35000, wait for the price to break the Key level and retest, then you can find buying opportunities. The profit target is the 1.36500 price...
H4 time frame. Structure: Uptrend. Currently appearing a double bottom reversal pattern at 0.73200 and divergence signal from MACD. Key level is clear at 0.74200. Wait for the price to increase sharply, break the key level and have a retest signal, then you can find buying opportunities. The profit target is the 0.75600 price...
Buy GBPCAD after it broken down trend line and it retrace to key level on new up trend. GBPCAD TYPE : BUY TF : H3 ENTRY PRICE : 1.6975 STOP LOSS : 1.6930 (45 PIPS) TAKE PROFIT : TP1: 1.6995 TP2: 1.7025 TP3: 1.7075 TP4: 1.7150
A previous Bullish Uptrend has been invalidated at the Break of S1 which created a Resistance and a retest at S2 with price holding to retest the trend-line acting as Resistance. A Bearish Engulfing and or Spinning Top with a Strong Bearish Candle is required at this RESISTANCE AREA to go short.
H4 time frame. Structure: Uptrend. Currently, AUDJPY is forming a divergence at the price area of 82,000 - the 50% Fibonacci zone of the previous WXY up wave. Here, wait for the price to break the Key level at 84,000 and complete the bullish reversal pattern, then you can find buying opportunities. The profit target is the 87,500 price...
looking at the chart, KEY RESISTANCE has been identified, with consistent consolidation and a break below, currently expecting price to break below the Minor Support Area which we will have a high probability to sell towards 1822.40
Hello Traders! In my previous post, i mentioned that there is a fear of a drop in BTC and i said that BTC has planted a bomb. The reason why I said that is I saw an unusual behavior near my True reversal point. My True reversal points are derived from multiple strategies and it's the strategy that can give pinpoint accurate value of reversal but in some cases...