EURCAD look to be aligning itself for the new week . Look to be patiently catch the opportunity this week. Comments are welcome . Join me to receive more analysis update. Get in touch if you would be interested in learning my way of trading .
GBPUSD is in a range. Price is currently in a strong uptrend, heading towards the top of the range. Looking back on the charts, price has strongly rejected the resistance at the top of the range multiple times before, meaning this is a strong level. We would like to see price reach the resistance and reject with strong bearish momentum in the form of either 4H or...
This trade looks very promising. The market is currently moving in a descending triangle as shown. This means lower lows and lower highs. We are currently approaching the low of the edge of the triangle. Secondly, the 50 Period EMA has been dis-respected therefore we expect it to bounce back from it. Thirdly, the market is moving above the 200 EMA supporting the...
Hey I'm trying out new patterns to learn the ways of technical analysis. This time using Harmonic Patterns and Fib channels. From what I can see if I interpret if this right, the Harmonic Pattern shows a clear Bear and the Fibonacci Channels show a stronger support for a Bull (due to the more lines that matching up between 23.6% and 78.6% as support layers). I...
GOING BACK TO THE FOLLOWING IDEA: WE ARE RETESTING 2ND TARGET (9.5K) AND PREDICTED CHART LINE AS IF IT WAS AN EMA!!! ;-O LOL
JUST ANOTHER SHORT TERM BULLISH IDEA... SYMETRICAL TRIANGLE+ ASCENDING TRIANGLE = CONTINUATION PATTERN ? WE WILL SEE... ;-) thank you so much your comments!! This one also coming from this idea: Love and good luck!
Btc is looking to retest the 8.5k Area I really have alot of confidence in this, there is alotof confluence around this area and different indications pointing towards this area as a short/mid term target region! So do you want to learn to trade like me and making consistent profits? So who am I? My name is Ryan Millard, I am a full time trader/crypto...
LET'S SEE WHAT COULD WE EXPECT IF BULLISH SCENARIO TAKES THE CONTROL (SHORT-MID TERM)
WILL THE BULLS DREAMS COME TRUE ? ;-) THANK YOU FOR THE COMMENTS! TRYING TO LEARN! GOOD LUCK! HARD TIMES COMING...
Any comment , advice insight would be helpful to help me get better, came to the conclusion that the current support that was reach would not be breached and that the action would consolidate on his rise to the previous top still holding , macd looks good with the recent cross RSi shows good sign of a positive growth pattern?
This feels like it is very flawed. Tips appreciated
EOS has entered into a consolidation phase after having a large sell off. I'm only looking for longs after this consolidation phase, because price has moved down significantly already. If price continues down I will wait patiently for a reversal and change in market structure. Not shooting for a large target a small retrace target
Ltc has been trending down for some time. It has reached a consolidation phase. I'm only looking for longs out of this range. If it continues down I will be patient and wait for a change in market structure before entering a long position. Looking forward to hearing from you and your ideas. Please give this a like and follow me for more market analysis.
ETHUSD price has rejected off the supply zone giving the first indication a correction could be upon us. I'm waiting for the break of the raising wedge before entering a short position. The conservative option would be to wait for price to break down and create a lower low before contemplating a short position. Thanks for a having a look at my analysis, all...
Upward channel, respecting the 236 on the fib... I would like to see some more upward movemtn today, but we are approaching a huge spot of resistance in the 7500-7700 range. If we do pull back it may be another good time to accumulate a bit more before we shoot to the 8 to 9k range. Its coming!!!
Hi traders, Hope you enjoyed the holidays as much as the lockdown allowed you to! Let's take a closer look at one of my Monday trades. *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was down for the first 1.5 hours and then retraced, spending the better part...