gbpnzd will be in 2 scinarioes . it is in compeletion of its uptrend dt bouncing off daily uptrend with formation of double bottom and if it fails to go up and the last bottom will be broken it will go up to the next support level at 1.9000. so wait and see and take your decision after confirmation
Needs volume confirmation for a genuine breakdown from support line of ascending triangle. Thoughts?
Seems that an ascending triangle is forming. Potentially testing the resistance soon, which if will break, I think we will be testing the ATH by 4/20
**THIS IS NOT A FINANCIAL ADVICE - I AM STILL LEARNING ** This is my first time analyzing. I used Fibonacci Retracements to predict support levels and next targets. I just need valuable feedback to let me know if I'm doing it right or not. and why not, please :) Thanks
As I said last weeks...exactly as I said, EJ closed above 129700 and has already made 70 pips! Even if EJ will test the 130,600 area again, I will continue to bet on SELL because the 1-month candle closed under a very strong resistance from 130,100. THIS WEEK...EJ makes a dangerous range in this area! Even if I still bet on SELL because on the 1 month chart EJ is...
Hey community, I've been aware of the Elliott wave theory for a while but I rarely rely on my interpretation of them as I'm not confident with my understanding of the practical yet. I was hoping a few of you Established Elliott Wave users in the community could critique and evaluate my graph. I think I've applied the theory correctly, if I haven't please point...
Analysis on ALPHA. Dislaimer On. Risk on your own Hand. I Already Bought Alpha in 1.76 LONG Position, Leverage 25. Why? 1. Alpha make Bullish Trend. (H-L-HH-HL) on TF 1 Day. 2. Alpha Meet EMA 200. (Bounce Candle). TF 4H in 1 April 2021. TP 1 on 2.1 TP 2 on 2.6 Thanks
I'm observing LTC here as it has decisions to make. Either down, up or sideways. Speaking with fellow traders whom's opinions I respect and have more experience than I have. I've been warned that LTC seems to like to fake out. Thus I'm neutral on this and it definitely isn't a call . I'm not going to let the bullish signs of reversal I see put me in a long bias...
Disclaimer: I'm.not a SEBI Registered financial advisor all views posted are just for mutual learning and I'm not responsible for your profits or losses ,build your own conviction through learning and take action ,don't enter blindly , I hope this post add some value to your learning 😊 About stock :ITC is forming a Triangle Pattern and looks good upto Rs365 (...
I've been running several algo's (only super_simplified versions here on TV) at the same time attempting to compute Probability distributions (DL based on SVM) of a mean reversion for COINBASE:BTCUSD at this level, and using Convolutional neural networks, to map current price action patterns with historic chart patterns across multiple sectors. Here's the...
Still Learning - Use or ignore this information as you see fit. EUR/USD - BUY ***Continuation of previous idea*** 1). Price bounced off strong support of around 1.20458 2). Price broken 78.6% Fib line 3). Continuing uptrend towards next strong resistance of 1.25548 SL - 1.20344 TP - 25548 ****Reminder that I am still learning so any constructive...
Price sold below the RWP (RISING WEDGE PATTERN) to 1.20952 before a pullback to retest lower channel trend line. A retest of the lower channel trend line is the trigger for a short entry which is bearish until the next logical support region. The first support region is at 1.20867-1.20789 and the second at 1.20269-1.20198 region on the chart. The...
Do your own analysis ... Dont Forget Moving Stop-loss At Break-even Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for...
The Crypto Dance: Bitcoin & Alt Season Dominance Cycles Guide Hello and happy Chinese Lunar New Year! Hope you're all doing well. I made this simple guide to show you the relationship between Bitcoin's price & dominance vs. alt season dominance. You can use this as an ongoing reference during the bull cycle this year, or even this whole decade and beyond, to...
Please help me learn more. Are my points correct? Does my analysis make sense? Any tips and suggestions would be greatttly appreciated! Thank you in advance.
There are several hints that we can take profit from LTCUSDT in Crypto. First and most we have an interesting +RD on RSI and Price action. NOTE : (+RD is a divergence which may a bullish action in LTCUSDT ). Second our price is over Moving Average Weighted 20 which is powerful indicator. Thirdly, our price stay in a profitable area of Piachfork. What do you think?