Might be wise for $CL1! bulls to book profits. Shorts can initiate short positions up against the resistance trend lines. As always, use protective stops. Good luck to all!
After BTC managed to pick up the Weekly Pivot, the Daily R2 is new support, whilst R3 could not be reached yet simply cause it found some resistance at the break-out level to go for a bullish higher-high, that comes from the "H6" where the Adam and Eve is still on track, picking up some volume. $10k important psychological border. A little retrace would be...
Due to the FOMC statement and geopolitical tensions, Gold is in a strong uptrend. But wherever there is a healthy trend there needs to be a pullback. I see the green area will resist gold price to pull back. I will wait for a decent pullback to enter long.
USDTRY approaching support zone, any breakout from that zone is a signal.
I FOUND A NICE BEARISH WOLFE WAVE AGAIN. IF YOU FOLLOW ME, YOU KNOW I LIKE WOLFE WAVES AND INTRODUCE LIKELY WOLFE WAVES. IN THIS EXAMPLE I SUPPOSE YOU TO TRADE A NICE BEARISH WOLFE WAVE. YOU SHOULD ONLY TRADE, IF BAR SHOWS AN IMPULSE DOWN AND BREAK THE LINE BETWEEN 1,3 AND 5. IN ADDITION, THE GREATER CHART BEHIND DAILY CHART SHOWS A BIG CORRECTION WAVE....
Everything is explained on screen! For those who keep sending me direct messages, I am a Student of the Diamond Forex Academy (instagram.com/diamondforex) and more so my personal tutor is Masum, a Top Author on TradingView, take a look (uk.tradingview.com/u/masumhussain)
Hi there. Here are my thoughts for oil movements : - Crude Oil is on a bull run since December 26th, 2018. The 3rd rotation (Pullback < 20%) seemed to have failed. Moreover, the bullish momentum is still present and we might experience a long run continuation at key levels. The average daily volume traded is 150K contracts and has been constant since the bull...
If you read this, SMASH the LIKE button or just FOLLOW me. Two parallel red lines - price area after the drop from 6500. 3900 – round number + medium support 3800 – round number + medium support 3700 – round number + good support
After a strong impulse to the upside from 3100s, with no deeper pullbacks, the price is now consolidating in a symmetrical triangle structure. Symmetrical triangles are usually continuation patterns. When this pattern forms during a downtrend, it has 57% probability to break to the downside and continue the previous movement (we've seen a few of those play out...
The most important points and lines of support and resistance for BTC USDT
After experiencing a good sell off over the last few days BTC is at the bottom region of it's low volatility channel attempting to rally and reclaim 6400. With several indicators pointing towards an upward momentum coming to the table we are looking to break 6400 and hold above that before going sideways. There is still massive pressure to keep the price...
BTC Strategy We can see the beginning of training in double bottom expanded on the BTC/USDT in 4h time horizon. If this figure is materialized by a break of the resistance at $6650, a buying position can then be initiated in order to target the $6715 initially and the resistance at $6800 thereafter. Summary of the strategy Buy: confirmed breakage of the...
I was published an educational document about trend and channels before cos trend is most important thing for traders imo, now i’d like to talk about support and resistance.. - Once you see trend or a channel than you should see where is support/resistance to take a position. - No matter how good trader you are and no matter which tools you use, the main idea;...
I didnt know the drawings would stay if i had switched to candles, thought it was cool
Hello Followers, Bitcoin is still hovering above its long-term support at 6k, and has consolidated inside a short-term symmetrical triangle, as you already know, we do not believe on rigid analysis, once we use a different technical analysis, moving water. Even though, we have to consider some formations because many people do use it, and sometimes, those...
Hey guys, just my idea and how I see bitcoin which could possibly create a Cup & Handle. We will see. :-) Peace and good trades Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? Need education or more signals? PM me. :-)