#RTM I think the this is time to retrace we can see a Quasimodo level in the chart timeframe 4H I think the price can trick the high level and touch the QML Because of this advice to you if you trade in this area DO NOT SET THE STOP ABOVE THE HIGH BE LUCKY
Daily trend is down price came up and triggered my alert early on the 17th to go short, didn't see any clear rejection. Price sold off eventually and came down and cleared the daily gap, retraced then showed very clear direction toward the end of the trading session. After what appeared to be a stop hunt of the initial alert retest, price seems to be showing signs...
Daily trend is down price came up and triggered my alert early on the 17th to go short, didn't see any clear rejection. Price sold off eventually and came down to and cleared the daily gap, retraced then showed very clear direction toward the end of the trading session. After what appeared to be a stop hunt of the initial alert retest, price seems to be showing...
As you can see, the price has just broken one level of demand and wants to reach the next levels. Basically, Mondays are profit day and on Tuesday we can see the continuation of the fall of this currency pair
The bears still hold the market ball. It remains to be seen how far they want to go. Supply and demand areas have been identified. In case of a fake breakout, you can think about buying, but my opinion is more about falling.
After the breakout, Now we can have a correction and then continue to move to resistance
Illusion is a good thing! Especially if it is a market type. From my point of view. The downtrend is over and it's time for the bulls to wake up. This is the end of the line for the euro. Support and resistance in pure mode.
As AUDNZD started to put a whooping on me, I then started doing my top down analysis (Ironically after having entered a knee-jerk short). Poor planning on my part and I see that I should have been long all along. A beautiful inverse head/shoulders with a nice compressed move back to the Quasimodo. It was interesting to note the fractal QM at the accumulation area...
As the chart states.
We shall see, GJ is always fun to trade.
With the market opening this week, I'm looking forward to reaching those levels. I expect to return to the specified levels of the market and move on to the next level. I would be happy to share your thoughts with me! thanks
With the market opening this week, I'm looking forward to reaching those levels. I expect to return to the specified levels of the market and move on to the next level. I would be happy to share your thoughts with me! thanks
Hey guys, here's my idea for Bitcoin/USD. All important info is in the picture.
Idea for Ethereum/USD. Go long at 210.00 short-term, if price falls deeper below 180.00 just close out and wait for superb buy area. If price action changes I will update the chart.