Husain can you be hyper retarded somewhere else XAU is going to 1360 #EZ #FACTS
STRATEGY: NZDCAD Ascending Channel Counter-Trend Strategy DETAILS Long Term Trend Time Frame: 1D/4H Focus Time Frame: 4H Entry Time Frame: 1H Market Condition Long Term: Downtrend (based on 1D TF/200EMA) Short Term: Uptrend/Consolidation (based ion 1D TF/10EMA and 50EMA) inside Ascending Channel CHART PATTERN: Ascending Channel Area of Value (AOV)...
From the daily chart Bearish engulfing candles followed by Pin Bar. Rejection from 61.8 level. Divergence is evidence on Stochastics. From the 4 Hr & 1 Hr Divergence evidence on both Stochastics and RSI. Tripe top has formed and unable to break above the 61.8 level. Risk Reward Based on a Sell entry when price breaks out of the consolidation box and...
ANALYSIS 1D: 1D Time Frame showing Downtrend. Price is approaching 50/83/100EMA which could be a potential dynamic resistance. 4H: Looking at 4H Chart it is currently on sideways approaching minor resistance. Action Items If price broke above minor resistance, wait for pullback then go LONG, targeting at least 1.32822. If the price bounced or...
Good morning Traders, let´s have a quick look at our trading-range today. The little pump yesterday has given a lot of people a little heart-attack cause they feared they will miss out the pump up to $ 12 k or higher. Some facts straight, if you look at the Daily chart it becomes clear where we are stuck at the moment and why. Not only the price is ranging...
FX:EURAUD on Daily time frame has been largely in a sideways market for a long time and has now moved into a triangle set up, approaching the climax. We have seen in the previous analysis on H4 charts that price sitting below the 50 period moving average and chart showing a descending triangle formation, more likely a short setup, awaiting price action In the...
Bitcoin may have finished the consolation.
Hello Traders! Will the Pound drop back to lows again? Good Trades!
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Bitcoin has just retested the Demand Zone for the second time with a strong price activity. A Medium Term Bottom may be here. Time to retest the upper Resistance of 8200 - 8500. Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: 1 Blue Ribbon (Strong Support) in about 6H timeframe, appears in the same level as the previous Blue of Sep. 27 If Blue...
corrective nature. multiple touches on both bottom and top of ascending channel. Engulfing bear candle on the hourly. 20 pip stop.
Symbol: CHFGBP Timeframe: 1H Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframes: 1H: Red -> Green Medieum Timeframes: 8H: Blue Long Timeframes – Context: Green Series Other Signal: Inverse Head & Shoulder. Structure Support SETUP: Wait & Long Bullish Breakout the neckline ENTRY @ 0.8359 SL @ 0.827 T1 @ 0.847 T2 @ 0.855 I...
Symbol: GBPEUR Timeframe: 1H Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframes: 1H: Lime -> Yellow Long Timeframes Context: Light Red Other Signal: Head & Shoulder, Rejected by Structure Resistance SETUP: Wait & Short Bearish Breakout SL @ 1.10851 T1 @ 1.0871 T2 @ 1.0821 I appreciate your like or comment. Welcome to share your...
Multi TF analysis first, we see the Monthly/Weekly/Daily in congruence for an uptrend. On the daily here, we see that the market could be pulling back. I've got the fib zones marked with rays. As you can see there is the 50 and 61.8 percent level each identified with a ray. Additionally both those fib levels have confluence with a significant support/resistance...
For starters, on the right we have a weekly chart, and on the left we have a daily chart. Using multi time frame analysis, I'm leaning towards believing that this current uptrend we are in can make it all the way to the orange line for either a retest of that orange MONTHLY zone as a support turned resistance OR, it will turn out to be a false breakout on the...
It isn't the prettiest, but How often are they? Here we see a Descending triangle formed on the 4h hour with at least three touches. We have a candle close under that support and it looks to me like the market is returning to potentially retest that previous orange MONTHLY support zone as a newfound resistance zone to continue the overall downward trend. From a...
Symbol: Bitcoin, XBTUSD, BTCUSD Timeframe: 30m Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframes: Red -> Blue Medieum Timeframes: Red Series Long Timeframes – Context: Green Series Long Wick Candle in 1H Timeframe Demand Zone: 11100 -- 11350 I appreciate your like or comment. Welcome to share your idea here. PM the author for a...