USDJPY has break structure to go UP but also respected a previous downtrend trendline (resistance) and tested it as a uptrend trendline (support)... so im waiting to break the resistance or go all the way to break support and give a clear shot....
there´s the 2 possible shots ! BLESSING WEEK Y´ALL !
NOTES: ALWAYS A 1:2 LOOSE/WIN RATIO ...
Hi Traders!
Today we have prepared for you analysis based on Wyckoff analysis.
Objective of the Wyckoff method is to improve market timing when establishing a position. Trading ranges ( TRs ) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand. Institutions and other large professional...
Hi Guys.
We know you are stressed and anxious.
Don’t be. The most important is to not PANIC.
Recent price fall may be linked with the last hack ($40 million in tokens) of the Korean Exchange Coinrail.
This is one of the smallest exchanges. They are ranked on 90th place based on trading volume.
Most notably, the hackers got away with $19.5 million-worth of NPXS...
Hello guys, a lot of people are asking me for a new chart. I have not a lot of time theses days so here is again a really simplify one.
Everybody on tradingview and on youtube have seen the formation of the obvious symmetrical triangle, everyone is talking about this from days now. A magic triangle that will save us right ? BUT, permanent bulls and crypto...
During the last month we have seen a drastic sell off in all crypto due to a massively over-bought market caused by Over enthusiastic and fake hype throughout the whole market with bitcoin -0.34% being the leader, in my opinion this sell off is now over with currency such as lite coin increasing by around $40 in the past week.
Due to news releases in both lite...
Nano has been following BTC a lot in it's movement. After this pump and dump from BTC manipulation that happened last night we can see that #nano has played around 8100-8200 which is a very good bargain and good buy-zone. If we follow the Elliot Waves Pattern against the fibonacci we can have a clear picture of where the expected bull run will go. This all...
Currently LTC could be forming the right shoulder of a very bullish inverse head and shoulders reversal pattern.
No one can predict how low the right shoulder will go but it would be an extremely bullish formation if it was a higher low than the left shoulder.
A breakout from the neckline of this pattern would correlate with a breakout of the current downtrend...
GBPJPY has reached this year´s pivot.
Only last year is still missed, so price doesn´t like missed pivots and therefore it wants to get back on these missed levels.
3000 pips up!
Patience is the word.
This pair has been on my radar for a while and I have also been in this trade with 2 positions from where my predictions starts. It is a slow Monday ATM for this chart but i am expecting a breakout of this pair to the downside as price broke resistance but has now falling back into place. This price action has taking longer than expected but still in...
This Currency Pair is making lower Highs and Lower Lows. Im sitting patient on this pair till i see a closure below my trendline which alines with my weekly Support( 1.63100) Overall be on the lookout for SELLS this week
As the current price has been decreasing, the relative strength of CTRV continues to increase. This has also bounced off of a signal previously returning huge gains in the last year.
From a technical perspective, the GBPNZD has been in an uptrend since february, this trend also being confined (not perfectly) in an upward channel.
Today, price action tried heading for the upward boundaries of the channel to retest it but failed against higher time-frame structure where it would have been expected that sellers would step in.
We mention that...
