After offering multiple SELL opportunities over the last year, the EURUSD pair is consolidating once again on the daily timeframe. Similarly, the RSI Exhaustion at the bottom is consolidating. Both these consolidations mean that the pressure is increasing and ultimately the pair will break either to the upside (trend reversal) or to the downside (trend...
After a significant downtrend from 1.20 down to below 1.00, the EURCHF pair is now consolidating on the daily timeframe. Similarly, the Sentiment Index at the bottom is consolidating. Both these consolidations mean that the pressure is increasing and ultimately the pair will break either to the upside (trend reversal) or to the downside (trend continuation). The...
After offering a great buy opportunity earlier this month the USDCAD pair is consolidating on the 60m timeframe. Similarly, the RSI Exhaustion at the bottom is consolidating. Both these consolidations mean that the pressure is increasing and ultimately the pair will break either to the upside (trend continuation) or to the downside (trend reversal). Remember to...
After offering multiple sell opportunities, the BTCUSD pair is now consolidating on the 60m timeframe. Similarly, the RSI Exhaustion at the bottom is consolidating as well. Both these consolidations mean that the pressure is increasing and ultimately the pair will break either to the upside (trend reversal) or to the downside (trend continuation). Remember to...
The USDJPY pair is offering a short opportunity after having formed a double top followed by the current retracement. The target is the current major support, around 134.00. Remember to always look for confirmation from the indicators!
Looking over the last ten years in NDX, we've got a bullish seasonality from now on until the 27th of July. This seems to match with our recently touched 50 % fib retracement. A bullish rebound appears to be very likely now.
Very basic TA here. After breaking the bullish breakout of the triangle pattern to the upper side, we are entering the next bullish move after taking out the resistance at 25.40 USD. Perhaps with a short-term correction and a re-test of the 200's SMA (red).
K eep I t S imple S tupid - also in Bitcoin. I've drawn a triangle over the chart in D1 and a bigger triangle in W1. Using only the daily resp. weekly closing prices. And this triangle looks valid to me. I've seen people drawing wedges or flags in the charts but the triangle is a more reliable chart pattern. So it may take a few days in the daily chart or 1-2...
After the big selloff from the all-time highs, BTCUSD is now consolidating in the 30k – 40k area. In particular, the pair is trading within a channel (blue lines) that typically signals and trend continuation. The bearish outlook is backed by the major resistance displayed by the Levels and Zones indicator, and which sits at around 40k. Should the price drop,...
We are about to "kiss" the daily 200 EMA line again with a familiar pattern leading into it as well. Sellers have had a very successful run BUT still have not made a "lower-low" after SNDL's quick surge to ~$5 This may be the time for bears to finally make a new low, or it could mean it's to time take a page out SNDL's history book and blast off once more. Let's...
With Bitcoin price action moving higher I thought that I can share with you my view on a Daily chart with some simple market geometry and some fib measurements which contain some critical levels including the golden zone fight that we keep on seeing since 2019. What caught my attention is the second break of the white trendline but not with as much significant...
... What were you thinking...trend line and key level, love confluence. So I'm in a short down to the first key level, then I will be placing a buy. Again 2 positions minimum with two different take profits. Want to know more for free about my strategy just message x
Looking for the last Kiss of the Range to start THE RECESSION SHORT
Personal note: Buy the 1d 100 MA. Accumulate with confidence. It's either a great entry, or an incredible entry. This only represents part of my strategy. DYOR.
Reading Naked Forex - Last Kiss chapter. This could potentially be a setup that comes to fruition. Will wait and see if it does!
Pair dropped out of rectangle, expecting retrace to its lower bound. Daily ATR is 60, drawn stop loss is set based on this and for scenario where Entry 2 will get filled in. If only Entry 1 will get filled in, stop loss will be set lower. Also targets depend on entries, but T1 and T2 will be good for start. Disclaimer: this idea is solely for my own purposes, to...
Even when BTC/USD has dropped in the last hours, currently I would consider it on consolidation period as long as it remains above 200 EMA. (8730 level). 200 EMA and 20 EMA are about to kiss and 100 EMA is approching them. This would be a very important point as a croosover is about to happen.