Ethereum network saw a nine-fold increase in its smart contract deposits, but a descending channel continues to pressure the price. Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.'s 18% price drop. Still, Ethereum's network value locked in smart...
NZDJPY is on a strong bearish trend under pressure line and EMAS.
Setup a plan to sell today TO 78.5-79.00
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
LESS IS MORE!
Wed again. Gold now meeting pressure zone and possible sideways price action range higher than our last idea's expectation.
Breakingout will send gold up to new high, 1855 for another 30 dollars.
Setup your trade after getting your confirming signal on the pressure zone.
LESS IS MORE!
The $BTC daily swings have been wild! In order to navigate this mess we just have to look at a higher time frame. According to the pressure chart, a proud indicator of my own, this week still indicates more buying pressure than selling pressure. As per pressure rule: you initiate half a position upon the event of a bull candle (white color) closing above the high...
weekly $AMD candle if closes above the last selling pressure week, which was last week, is bullish per pressure chart signal.
The selling week (last week) did not close below the buying week before it, so buyer from July should still be in a position. Bulls can choose to add on this signal once confirmed. Remember there is still a change we don't close above the...
An overhyped stock, dubbed to be one of the "$AMZN wannabes" cohort. We see absence of buying pressure on the daily and weekly chart (no green bars). This implies no interest in buying dip, the last green bar seen had its low broken --> dip buyers got hurt.
However we see it printing the daily 9 and sequential 13 and potentially a weekly 9 next week. Demark...
the market was moving in an Uptrend.
As you can see, we here have a strong daily
Trendline which was respected frequently and
since a long time.
Recently, it got broken, which indicates
bearish power and the weakness of the bulls.
It seems like the Trendline is over now.
Now, the market made one lower Low and
two lower Highs.
That's why a...
GOLD yesterday Wednesday, gold seems like pushing price to finish a final wave on this 4h chart. Don’t forget this pressure line on 4h chart. By this line, it make gold’s last impulse leg so short and very easy to be pressured from there.
And if you check it like this three arrows , you can understand what I am talking about. Each arrow or...
The aussie is inside a bearish channel in H4 chart, the price broke the bigger trendline in daily chart and is now goign down towards the first green line (38.2% Fibonacci), look at the volumes: They are decreasing while the price is going up, it means that the pair is having a retracement and the trend direction is downward.
Keep in mind that the 38.2% ...
From the history of the 6E! Euro Future which can be used to analyse also the EUR/USD (FX), we can see that there is a strong probability to see the market pushing up to break the lines as it is entering in a very high pressure zone.
The horizontal blue line is a very strong support, very hard to break. We have seen several attempts to brake the blue line with...
The market is clearly in a downtrend.
It is making lower highs and breakinf structure to the downside.
We here have four pressure factors:
The first pressure comes from the Resistance,
the second Resistance is the Trendline,
the next important thing is that the market is in an overall downtrend and
the last thing is the 200MA.