#SOl/USDT has been making a nice descending parallel channel (like bull flag), till today the SOL chart move between the resistance of the parallel channel and the green horizontal supports, as you can see the price of SOL respect the closes every time when touched those lines. I think SOL can break out (to the up side) of the parallel channel any time from now,...
Euro moved in Descending Channel more than one year, and these days we saw that the Euro was able to break lower line of Descending Channel , from my idea, this break can be a fake-out and Euro will back again to its channel. I have some reasons for this fake-out : Euro is at my TRZ (Tiem Reversal Zone) + Junction between 61.8% Fibonacci...
Bitcoin has been under pressure since early November, but now the top cryptocurrency may be showing signs of turning higher. The first pattern on this chart is the 50-day simple moving average (SMA) with our Moving Average Speed custom script . This indicator shows the SMA’s rate of change. It helped flag bullish turns in July and October of 2020, plus July and...
The price had a breakout from the daily dynamic resistance and got a rejection from 0.24 where you can see the purple structure and monthly resistance. The market lost the weekly support and now the price is testing the 0.5 Fibonacci level on the daily timeframe. On the 4h timeframe, the price is creating an ascending channel and now the market is testing the...
Hey everyone! Hope all is well. Well damn - what is going on with this world. Oil prices @ $6 in the US! Inflation at the highest since the 70's, the war between Russia and Ukraine, supply issues and sanctions, Evergrande on the brink of collapse. We are expecting a drop in the market to soon test new lows. This is a very common Wyckoff pattern which can we can...
As I mentioned in my previous analysis ✔️ price hit the target 💣🐳💣 and now the price is close to channel support, besides here we have weekly support area ✔️ we can see more gain for the price 🚀 and our next targets located on the chart close to weekly trend line and the channel resistance ✔️ Please, feel free to ask your question, write it in the comments...
Based on the chart, the price has completed the retest of the descending channel and located close to support area ✔️ here we can see more gain at least to our resistance area 🚀 and if the price breaks the resistance to the upside, we can see more gain 🚀🚀 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
showing upward channel pattern Elliott wave showing .78% retracement
AVAX is travelling in a descending channel giving swing opportunities. Analysis Descending Channel intact Symmetrical Triangle in progress on H4 Actions Wait for breakout wither upside or downside Take entry after retest
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. LOOKING AT THE USOIL * The ENERGY is currently trading in an uptrend , just consolidated and rejecting at the base of this structure, fundametals went in and saw the ENERGY sour to $132 highs. - Short term the pair is currently at the supply zone could go lower but looking for possible continuation...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that fake out seems the bears are in control. - Short term the pair is in a down trend on lower time-frames as we see break bellows even on the 4h...
On daily chart, ETH still in uptrend. ETH has been creating two waves of impulse wave. The second wave is at 2170. Let's wait a confirmation at 3050.
IPCA was trading in descending channel since january & it broke out of with good sets of volumes on bigger timeframes i:e daily & hourly. Should be bought with mentioned stoploss & targets.
As it can be inferred from the chart analysis, the price is slowly approaching the zone of previous support now turned resistance. The same zone also lines up with the upper boundary of the formed downtrending parallel channel. We are gonna closely monitor the price action around this area before opening short positions and aiming for the zone of support...
Chart might look messy on first sight, but shows how two trend channels converge and form a range as the result. Now we watch and see who wins the fight. No volume coming in at the lows, so we probably complete the descending triangle with a break down. Currently sidelined, opportunities will come once we break some structure. A break down would invalidate...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for GBPUSD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck! All Strategies Are Good; If Managed Properly! ~Rich
In 4HR Timeframe, Double Bottom is confirmed!!! In 1HR Timeframe, Descending CHANNEL is breakout with a sufficient Volume!!! RSI and MACD Divergences are confirmed!!! Hope to see at least 200 MA in 1hr tf.
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer