Pair: CHFJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Seen price hit resistance for the 3rd time and seeing major bearish reaction. We are aiming to take this trade to support and broken trend which will now act as support ————— Level needed: need a close by 143.010 ————— Trade:...
Hello Kucoin Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart CADJPY is approaching a supply zone so we will be looking for sell setups. Knowing that CADJPY can still trade higher till the previous major high. That's why we don't sell blindly, we always zoom in to lower timeframes and look for the bears to take over. ...
A Bearish-type Pattern5-0 may occur when exceeding 1.0122. At that time, a Bearish-type Pattern 5-0 is expected to occur on the daily chart as well. Short after pattern generation and seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO
Just an idea - Let's hope for the best after a rough 2022 - Still some potential risk down but let's just pretend this is what's on the horizon :p
$CHF - It's brewing! I adore trades like this, it's brewing and waiting for break out! TJ
Beast Trading _ Today's Bitcoin Analysis A series of ups and downs in the continuous triangular convergence, but I pierced one direction for the first time yesterday. It's the top line right above. I'll explain the response for the time being easily, so if you refer to it carefully, you can win the probability and profit and loss battle and proceed with the...
Hello my dear friends In the lower time frames, we do not have a signal to continue the upward trend, on the other hand, we have the negative divergence of the RSI. We have reached an important range, there is even a possibility of consuming all the orders in this range. But the probability of entering the $1.62 zone!?!?! I do not think .... If the current trend...
Hello Dear friends The price range of $10.6 has nicely maintained the trend. If the upward channel is maintained and the trend does not fall below the price range of $10.23, the possibility of forming an upward trend up to the price range of $12.1 is not out of mind. Currently, a bearish wedge has formed in the 30-minute time frame. If the upward trend is above...
M15, M30, H1, and H4 are oversold There is a triple bottom with divergence on H4 There is no pattern but H4 is oversold so there should be enough strength to go up 80 pip Stop Loss
another idea;) PATIENT is the key for TRADERS its clear market in the trading range and the price just playing with resistance zone and show the triangle, ever the patterns help me to trade better in TR(trading range). after breakout the triangle its easy to understand the price breakout the resistance zone or we can ready for short by PULLBACK,PINBAR AND ENTRY...
$NZD - Where to next? *ST* Idea! Pattern: Brewing a C&H or we could be range bound and then re-test of the support. Key tip: Keep an eye on the CH descending Have a great week ahead, TJ
The POUND/DOLLAR has recently reached a major support zone (Weekly Support 1.1750) We are likely to see a rejection around this region for a push up. Currently we saw price dive in below the region but rejected and came right back into the zone. We are poised for what is going to happen next. Fingers crossed. Bulls may be taking over soon
Price is still on a bearish market after the breakout of the pattern.
The MACD at 4h has been working excellently in the range shown in the chart. With it once agian crossing paired with a potential W pattern, that will make for a decent shortish term trade. Risky so don't throw all your money in. Open the trade once the W pattern breaks out.
Since the high of Nov 21, at almost every level the support was broken by a rising edge pattern and then dropped by 45%. I believe the same will happen now as we broke another rising wedge pattern and the 45% drop would lad us to another major historical support level.
Hi everyone, My last post was about DOTUSDT, where I showed how it would dump to its next support level, which it did (link down below) Today, we are going to take a look at BTCUSDT where I would be explaining why we are bearish on the long term, as we might see new lows going to be reached. First, BTCUSDT is doing the same scenario as it did a couple of...