I was thinking to wait till tomorrow till I post this analysis so more people could see it but oh well, let us do it today cause you never know what happens. I think this is one of the most important charts when following crypto markets. (cause it shows crypto markets money inflows and outflows). Bitcoin has broken out already from this years highs week ago (I'll...
NYSE:CCJ in Uptrend with High Relative Strength consolidation for more than year and today Breakout above pivot point. Pivot Point: 31.40 1st Target: ~38.3 (~20%) 2nd Target: ~46 (~44%)
Bitcoin Dominance trying to break a key level ~49%. If price stays on top of it, the rectangles target is around 58-60%. Bitcoin will outperform most of the alts at that point, and alts bleed against BTC. SEC has labeld some alts as securities so Bitcoin outperforming makes sense. For now. I'm interested to see how this weekly candle closes. Does it close above...
This rectangle pattern on the daily chart of AUD/CAD offers two potential breakout trading opportunities (bullish and bearish). The borders of the rectangle are marked with the yellow lines. My potential entry levels are where the cyan lines are. My potential take-profit levels are at the green lines. They are based on the rectangle width - 10% for the Entry lines...
SI1! Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Cup and Handle, Support, Resistance, Trend Lines, Cluster, Confluence, Parallel Channels, Rectangles, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any...
FX_IDC:XAUUSD Hello everyone! 🛎 Let check the trading idea for XAUUSD 🤗 Not making anything difficult everything is pretty straightforward. 👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 🟢 👉 2. Price goes BELOW the selected range. Short positions to activate....
FX_IDC:XAGUSD Potential idea for XAGUSD. When the price consolidates outside the trading range, you can open buy or sell trades according to your trading strategy. Time frame for trading from 1 hour and below. Do not forget that everyone trades on their own time frame and everyone has their own personal money management!
FX_IDC:GBPAUD Potential idea for GBPUSD trading. When the price consolidates outside the trading range, you can open buy or sell trades according to your trading strategy. Time intervals for trading from 1 hour and below. Do not forget that everyone trades on their own time frame and everyone has their own personal money management!
SHOP (SHOPIFY) Nice rectangle pattern with prices ranging 30 and 40. Rectangle can be either continuation or bottoming/reversal patterns. Now trying to break the top of the rectangle . Price also above EMA 50 which is positive. A firm break of 40 would trigger a long trade to 54, with numerous resistances on the way, including a gap (see lines on the...
NYSE:SHOP The price has formed a Rectangle pattern and has been in a trading range since May 2022. A close above $41.85 will confirm the pattern's breakout, with a target price of $51. 40 . A close below $28.90 will confirm the pattern's breakout, with a price target of $21.75. Note that not every price target is met. $SHOP remains in a downtrend. A close above...
Entry comes after the pin bar form on rectangle resistance turned support at price level 2133.07. Resistance level turned support has four or more touches. Closing price of pin bar is near the price value of exponential moving averages. EMA s are pointing up which indicates an up trend. Exponential Moving Average Period 10: 2119.21 Exponential Moving Average...
EURJPY Entry 124.292 Exit 122.517 Stop Loss 124.792 Risk 50 Pips Reward 177.5 Pips R Multiple 3.55R Risk $1000.00 Lotsize 2.111 (211,104) Pip Value $9.4740 Risk $100.00 Lotsize 0.2111 (21,110) Pip Value $0.94740 Risk $10.00 Lotsize 0.02 (2,111) Pip Value $0.094740
NEO/USD was requested by my good friend GBU Professor Wally. I apologize I was not quick enough to respond to his Super Chat on Friday afternoon. I quite like NEO in this area. On the Weekly Timeframe, we are consolidating following a downtrend and now a long period of sideways and volatile ranging. I identify the current formation as a Rectangle Bottom, which I...