Technical analysis: .MONERO/DOLLAR is in an up trend and resumption of up trend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. .The RSI is at 58. Trading suggestion: There is possibility of temporary retracement to suggested support zone (258 to 224) , if so, traders can set orders based on Price Action and expect to...
Howdy Yall! I know I've missed you guys for a bit now. I feel bad about that. I'm back! I shot this video this morning, having to give my hearts best to hold back my ABSOLUTE DISGUST! ... There are people in that chat giving out advice that will really break your portfolio. I'm not going to stoop to dropping names. I think you guys will see the goodies from...
Currently in consolidation within the control zone. Watch for a close above $30 to break out into an uptrend or a close below $26.12 for a break out into a down trend.
it show bearish engulfing when price go to supply zone and VALUE area so we decide to sell
Weekly chart: Pinbar so Price will go down >>> sell Daily chart: We can see price was in supply area so price would go down by BEAR team H4: as we can see, when price touched the supply area, it shown bearish engulfing and a down pinbar
Bitcoin formed a large head and shoulders and it has come down to satisfy the neckline target. Increased volume shows that the buyers are returning and I feel confident that we will see a lower high and a break out of the downwards channel in the coming weeks. After a failed breakout of the Downwards red channel (wave 1) I am looking for a lower high to be...
Hey Guys... Quick updates on BTC/USD and my opinions on what price action is currently doing. So in my last video, I mentioned I thought we would hit the 11K mark and would likely see a pull back from this level. 11K was hit and we are now seeing that pull back shape up. The ? is how far back will price move. While price can always keep moving up, I do...
AUDUSD bounced perfectly of the 0.7500 level as expected. Price continues to move higher and is approaching the next weekly resistance level. The moving averages have crossed now and expect continued upside as the weekly trend seems to be starting. Ideally we would like to see a pullback into the support zone and 61.8 Fibonacci before looking for long...
Might be jumping the gun here but the potential of a Head&Shoulders pattern presents a decent opportunity to go short with an excellent R:R If the market can't sustain 151.40 we can expect price to retest the swing low at the completion of the pattern; approximately the 147.50 level. A roughly 350 pip target. SL @ 152.08 is appropriate.
Here we are on Dollar/Swiss Franc daily chart, As we can see this market has been pulled back towards its old resistance / new support which is nearly at 0.9835. If this market holds this level as new support (buyers zone). we will be waiting for market to test on this level and print bullish signals having good confluence factors in our hands such as new trend...
Price has just rejected a short term resistance with a long tailed pin bar. There is a sell opportunity for those of you who missed the previous short setup at key resistance (neckline).
Price reached to a short term support at H4 time frame and formed a long tailed pin bar. There is a good opportunity for those of you who missed previous long setup in daily chart.
see my profile for full analysis of eurusd eurusd pullback to break-outed line and then going to sell position again.
Higher highs and higher lows maintaining recent uptrend. A break and retest of the resistance should see us testing 52-wk high.