Today’s Analysis – BTCUSD – a short trade is valid at major resistance confluence
Points to consider,
- Dynamic resistances converging
- .618 Fibonacci objective ( bearish resistance of dynamic resistance)
- Price Action in a Rising Wedge pattern
- Stochastics divergence
- Bull impulses (No follow through)
The .618 Fibonacci is the objective...
NIFTY50 is bearish until or unless 10,700 breaks and flips. Tread carefully.
- Bearish Divergence on the RSI
- Rising wedge in the formation.
Anything can snap anytime. All it takes is one bad news.
Its interesting looking at Boeing and only reason doing TA is cause fractional shares exist, but someone asked me if its possible for it to go back to 230. Now this stock might not be the biggest gainer, but atm its on its own path towards airlines stocks with American and Spirit in fight who is gonna win, yet it is possible for both to survive and if American...
Well, guys, in this updated of the techncial analysis we recomend firstly to closed up short position, So I earn 123 pips. Now, there are a possible buy zones, because for there:
In H4 timeframe we can to identify a possible buy at the 0.618% of Fibonacci, and so, if you going in H1 or 30 minutes (scalping timeframe) also...
Today I would like to make it simple and start with BIG THANK YOU
for the support as it is keeping this FREE informative channel for you alive.
Chart is simple and self explanatory
Keep in mind that this is very volatile and risky asset
trading, bitcoin , bitcointrading, profitable trading,...
Hello again guys, In this H1 timeframe analysis I see that USD/CAD has a force to up the price, so we now to find buy in the zone of $1.3570-$1.3580. That is a good for USD. Now, we are into this bearish rising wedge, rememebr the expectative is so bearish later the par is to find up the Elliot Wave E. And also, I invited you to check out the scalping timeframe as...
Today’s Analysis – NZDJPY – trading in a probable broadening wedge, confirmation will be on a break of resistance.
The immediate price target however is the local support for an S/R flip confirmation.
Points to consider,
- Local trend bearish
- Down sloping resistance objective
- Local Support S/R Flip
- RSI channel
- Volume Below Average...
I posted a long idea a few days ago to long the dip due to being a contrarian. The time for the pump however has long since passed. A bullish scenario will have us 25-30% correction while a more bearish one can see us go all the way down to 4k. Breaking support is not that likely there is very little risk reward benefit to longing right now since we broke the...
When I going to making the technical analysis, I see a bearish rising wedge, but this bearish risign wedge are the expectative what we hope so bearish of trend of trend, in that case we are int othe ascendent channel. But, this morning I see that we need to entry in short position because this zone what the price it, it's a manipulation and we don't to trust that...