The pair has reached an important horizontal structure on the daily timeframe. It is now trading in a narrow range on the one hour timeframe in indecision. Wait for the breakout to either side. If it breaks out higher, above the resistance in the blue, wait for the retest and go long. If it breaks out lower, then, wait for a retracement and short. Both...
The pair has violated the downward channel it was trading in, and reached a massive structural resistance level. The current bet is that it will bounce from the level back to the channel line, which is the new support, as it had done many times before, proving the strength of the level. If not, then we will get stopped by a breakout. Wait for the breakout to...
AUDCAD - SWING Analysis - Weekly - on Resistane Zone - SELL We have a bearish trend on the Weekly Chart that have broken his Trendline and made a pullback to the 0.50 Fibonacci Level that is now a Resistance Level. On the RSI Bollinger Bands we see clearly a Channel with a pullback on the Upper Bollinger Band that is reacting like a Resistance this gives us a...
XAUUSD se ha encontrado consolidando utilizando la zona de resistencias como punto pivote, actualmente parece estar en camino a un tercer toque de un ending channel, si ese toque tiene confluencia con la zona azul, podemos buscar algun patrón de cambio en temporalidad menor para agarrar la bajada a los niveles de TP marcados con lineas blancas. XAUUSD has been...
The pair has reached the resistance area of a massive downward channel it was trading in for the last 3 years. The resistance line is porous, and is more of an area though, which can be seen by the spikes of the weekly candle shadows spanning way outside the channel borders. The horizontal structure to the left helps us determine the potential area of...
Daily mapping of the price, we map, not predict in Multi UT analysis ;) Some rules to understand the strategy: - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested...
The decisive point for ETH is getting close! Maybe we will do another trade here, depending on what the price will do. Last time we bought ETH at U$ 175 (harami above 38.2% fib retracement and above purple trendline), and it reached its main target, the 61.8% fib retracement, the U$ 215. If you missed our previous trade, I'll put my entry analysis bellow, and...
As another request, I’ll do an analysis of TCEHY today. Well, we can say that Tencent is doing what was expected to do, after it hit the “resistance zone” is now dropping and it seems it find a bottom at the light blue line in the chart, which is the previous top zone. TCEHY is doing some very precise and technical moves here, and now it did a bullish pattern, a...
As expected, LTC is still struggling in the 38.2% fib retracement zone. We are with some cool profits in LTC, since our last trade was very successful (check the link of our entry point in the end of this analysis). Also, follow me to keep in touch with our trades, and be part of our community, I do daily analysis here, always updating you about what I’m...
So, ETH is doing some nice and very technical moves here. I sold my position in ETH a few days ago, after our last great trade (check it at the end of this analysis), and now I’m waiting for the pullback. Follow me to keep in touch with our trades, I do daily analysis here. We bought ETH near U$ 175 and it reached our main target, U$ 215, which is a fib...
So, BTC is struggling a lot now, as the bulls lack the strength to break the U$ 9.2k and the bears don’t have the strength to sink the prices under U$ 8.6k. BTC was very easy to trade about 2 weeks ago and gave us a fabulous trade recently. We bought it just near the U$ 7k and sold it near U$ 9.2k, a trade that lasted 9 days. If you missed it or want to...
Today’s movement was exactly what I expected from a bear reaction, as I said in my last analysis, in case you missed it, here’s the link: Now, although it was expected, I admit that I’m a little disappointed with the bear’s reaction here, I mean, they even couldn’t manage to touch the 21 ema today. SPX lost some immediate support, yes, and that’s an alert for...
Market sent. is short so may keep under bull pressure at 4h 50ema and structure to tap into liquidity. Alternate PA 4 sell structure may set up. 5th wave.
Ok, now I’m completely out of BTCUSD, I just sold my remaining position. In case you missed my last call on BTC, you can check it here, and follow me for more updates: Last call: The operation gave as a total profit of 17%. Not bad. I believe BTC might go even higher now, but I’m just trading accordingly to my technique. Just like Livermore said: "There is a...
Bitcoin might test lower targets, because buyers consume all gas, and also price is at spot where price has to switched to sellers. After sellers will show how strong they are, we'll decide later if we're gonna stay in this trade. This is multi-timeframe analysis. Short term sell is h1 and lowerest sell is between h1 and h4 based on our strategy. On the other...
in pattern Bear Flag recommend intraday : buy sell on the red / green trend line.. recommend swing : sell yellow is main trend line
I get my early entry at H4 TF. Entry at 108.00. Might be holding this position for a long time.