Good Day Beautiful People, As you can see an uptrend channel has just been formed here. The recent movements of price created a triangle too. There are two scenarios here, either it stays in the channel and a bullish breakout out of the triangle will happen or the price goes bearish and breaks the channel. As always we have to wait and see how the price will...
solo habria que ser paciente y esperar a que nos de una oportunidad, dado que seguiremos una futura tendencia
Im watching FX:GBP/JPY very closely here. Because if it bounces of the resistance up at 133.000 and cannot break it this will be for the 4th time in the space of 48 hours, meaning price will be going straight down, at least to TP1 if not TP2 as well. Ichimoku says the price will be going up, so there's a lot of confusion around what price may do. However it may be...
According to 8 hr analysis, this week should be interesting for nas100 as we approach pre-pandemic heights. Bar pattern is from a similar rally in nas.
Market in last 24 hrs - BTCUSD price consolidated. Market moved ~3%, between $9.1k and $9.3k - Price at time of publishing: $9,173 - BTC’s market cap: $169 Billion Today’s Trend analysis Price expected to move sideways today. Most of the Oscillator indicators are neutral. MACD histogram is in positive zone. RSI and CCI are weakly trending down but not far from...
Although oil may have broken a trend line i still think the momentum. This is because price seems to be creating another channel which is getting more respect in the market. And this doesnt mean that the broader channel is totally neglected.
Market in last 24 hrs - As predicted in previous analysis, ETHUSD price consolidated. Market moved just ~2%, between $209 and $215 - Price at time of publishing: $213 Today’s Trend analysis Oscillators are mostly neutral and compared to yesterday more have switched to confirm neutral momentum. MACD histogram is in negative zone. RSI and CCI are both at 61,...
Market in last 24 hrs - As predicted in yesterday’s analysis, BTCUSD price consolidated. Both bulls and bears tried to gain control, but both failed. Market moved ~2%, between $9.4k and $9.7k - Price at time of publishing: $9,680 - BTC’s market cap: $171 Billion Today’s Trend analysis Price should continue sideways trend today. Oscillators are mostly neutral...
We can see that the AUDJPY pair is making effort to move HH. A breakout upward might be promising after the forming of ascending wedges. Do wait for a pull back after the breakout before placing your trade. A formation is just a formation till it breakout (Please always remember that!). I will continue to monitor this pair, in the event of breakout...
Market in last 24 hrs - XRPUSD price consolidated, moving between $0.197 and $0.205 - Price at time of publishing: $0.201 Today’s Trend analysis Price should move sideways today. Some oscillators are neutral but compared to yesterday more now have flipped to confirm sideways momentum. MACD is close to 0 and both MACD and CCI are in their neutral zone. Another...
USDJPY has consolidated below above key support at 107.6 and therefore we have changed our view to neutral unless the currency pair rises back above this level. However, with the continued uncertainty surrounding the coronavirus and seeing as the YEN is a safe haven coupled with aggressive FED stimulus measures we feel there is significant downward pressure on the...
TSLA has been up, it has been down, and now it finally seems to be settling in at a a truer value near $785 per share. Following Elon Musk tweeting that the stock was "too high" two weeks ago it reacted that day, plummeting under the 800 mark just to resurface above it again recently. With the last two days and the market down-turn, it has gone below 800 again but...
Market in last 24 hrs - BTCUSD price saw a gradual upward movement. Market moved 500 points, between $8.6k and $9.1k - Price at time of publishing: $9,136 - BTC’s market cap: $168 Billion Today’s Trend analysis Price should trend sideways today. Oscillators are neutral and compared to yesterday none have moved. MACD is at -53, far below 0. RSI is moving...
education follow signal accordingly
Hi, The bearish view is we have been making a r shoulder of a h+s and each day we have made a lower high. 2900 is critical ground for the market right now. My positions are net short. But I have to consider that if we break above 2900 then it is likely as what the ma's are confirming that the uptrend is in play and we can go for new highs. Alex
Long : If strong resistance zone of 2889-2992 is broken and is confirmed to have become support, there is strong upside potential, to go long. Not looking to short right below 2889 (low probability trade), from failing to breakout of the 2889 resistance level. Buy in an uptrend day! (Note: the last time 2890 resistance broke was FOMC day) Short : If market...
Feel free to comment on my TA or share your thoughts on BTCUSD at the moment. Bitcoin broke out of the descending channel although we still need to wait for the candle to close in order to confirm this - MACD fast creeping over the slow indicator. This also happened back in february (blue arrows) - Long term symmetrical triangle pattern is still holding Things...
gbpaud retested significant fibonacci level Sell GBP, because it retested the the zero fibonacci level which is significant and we could sell for a 400 pips or more,because tonight we could have a unchanged rate for the aussi, so there won't happen anything. take profit 93431 stop loss 94231