Lossless made a massive pump in the last few days and correcting since reaching $0.67. Perfect time re-enter and it is preparing for the next wave. Found support at 0.618 Fib, Found support at 21MA and forming a Pin bar what else we need? This is not financial advise please DYOR. Next support at $0.357
Butterfly Pattern completes at 0.7197. If the candle closes at 0.7200 will be a stronger setup for a Bullish Butterfly Pattern. Waiting for 1700(UTC+3) candle close.
What I see is, current rise is from correct buy zone. And nearest resistance have been tested 2 times. There is possibility for resistance rejection, pullback then break out, OR breakout and retracement.
Buy level reference based on failed bearish pinbar at daily timeframe.
Bearish Deep Crab on the USDJPY H4 chart. If the candle closes below the red line which is also the HOP level of the Deep Crab Pattern. I will engage in an aggressive trade. Let's see how the candle close at 1200(UTC+3) or 1700(GMT+8)
Bearish sentiment for NJ with H4 bearish pin bar may see this roll over quickly.
It is not something new that you have a bullish setup on the USDCAD chart and a bearish setup on the CADJPY chart. This meant 1 thing, the Canadian Dollar, CAD, is on the move. If both setups is valid, I will engage both and not cherry picking. Any idea why I'll do that? Comment down below If you like to check the USDCAD chart, the link is at the bottom.
Yesterday price dropped down below 200 EMA to the support zone. Later, it moved back up again closing above EMA and within the previous candle's range. This pinbar has three supportive factors making it more significant than any other. ► It breached 200 EMA, yet it closed above it confirming the dynamic level to be a support. ► Opened and closed within the...
A Bullish Bat pattern form with a nice long shadow candle(some call it a pin-bar), pose a great buying opportunity for Trend Traders who are looking to long from the 1-hourly time frame.
Bearish daily Pinbar. we could see price test next support.
Shark Pattern, this is what shark pattern really is. If you got stung out on the same shark pattern and once it has grown into the next entry price, the textbook case suggest that you should still engage the trade should the candlestick confirmation come by. Compare to its peers, USDJPY, this is the more well-liked set-up as it was a trend trading setup, unlike...
NEOUSD Entry Price 51.66. Pin Bar Close Price is 51.66. 50% Fibonacci Retracement Level Price is 50.48.
Today we're expecting the FOMC Minutes, which are very likely to cause some moves in price. In the last few days we've been talking about a possible reversal on GOLD. This will be a good moment for such an event. We could see price fluctuating and then maybe a downfall in price. The ideal scenario is still seeing price above 1800, then to wait for a reversal...
GOLD possible now at wave C (yellow) of running flat pattern . Where wave C (yellow) is shorter than wave B (yellow) . Meant Theoretically.... Price Should be "capped" below 1834 for the validation of the wave structure.. Although we've "seen" a "Long Tail" "Pin Bar" on weekly chart. But Current Price Movement "Ranging " between 1834 -1680 still look "Corrective"....
EURCAD (Pin Bar, EMA 10 EMA 20, Trend Line, 50% Fibonacci Retracement Level, Horizontal Support Resistance Level) Horizontal Support and Resistance Level 1.47674 Fibonacci 50% Retracement 1.47932
NEOUSD Pin Bar EMA 10 EMA 20 Horizontal Support Level and 50% Fibonacci Retracement Level
Here we have very similar situation like the one on GOLD that we looked at yesterday. Even the levels are pretty much the same. Right now EURUSD is doing exactly what we said in our analysis from Monday. We're still expecting a rise up to 1,1840-50. That's the level at which we will be looking for possible reversal and selling opportunities. Should you buy...
EURNOK TREND DIRECTION: Down LEVEL: Support Resistance 10.41230; EMA 10 10.39341; EMA 20 10.39977; Fibonacci Retracement 50% 10.41493 SIGNAL: Pin Bar DATE and TIME: 16-AUG-2021 16:00