The price is testing the 4h resistance after a range between 4h structures The price created a false breakout from the range, usually, it's not a good sign for the continuation How to approach it? If the price is going to have a clear breakout from the resistance and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in...
Today is NFP Friday. This means that prices can become extremely volatile today. Trade at your own risk today. Be careful of extreme volatility when the markets open. I am looking at AUD/USD on the 1-hour time frame. We have had a few Order blocks in the past few hours that have all hit nicely. However, I am focusing on the current most recent high as a point of...
H4 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence. H1 - Bearish divergence. Until the key resistance zone holds my short term view remains bearish here.
D1 - Price has reached a strong resistance zone. Bearish hidden divergence. No signs of trend change. H4 - Bearish trend pattern followed by potential double wave correction. Bearish divergence. Until the two key resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this...
The price is testing the dynamic 4h support above the daily resistance at 0.48%. The market is going to try to complete the W pattern below the daily resistance at 0.54$ where the price needs to grab more liquidity to create a new breakout from the historical resistance how to approach it? IF the price is going to have a breakout from the neckline and retest it...
SAM- Boston beer company might be turning its course. After dipping to covid lows and giving all the 400% gains back it's coming back to live and today was up 6.19%. Earnings were much better than the past three Qs. Interesting to observe this one and see if confirms the uptrend in the next weeks. Positive divergence present.
This chart currently is an indication of a rejection at 380, I am bearish from here. The next level down according to FIB Retracement is at the 352 range. It's a large gap down as we just broke a recent fib level. This is my first post on here!! Please don't forget to like and follow. 🚀👩🚀
Like a bouncing ball on a downhill, equities have bounced hard after repeated selloffs but the general momentum remains downward. With Consumer Price Index (CPI), Retail Sales, Initial Jobless Claims & Consumer Sentiments numbers coming out this week, markets are likely to be jittery. Any downside surprises could spur a sharp reaction downwards. The S&P 500...
1- Down Trend Resistance 2- Rising Wedge 3- Support/Resistance Flip Area 4- RSI OVERBOUGHT AREA
The bulls seem to be slowly taking over as I see the bigger timeframe imbalance has been cleared on Friday's trading session. My general bias is bullish short term and I would like to see a judas swing to my m15 imbalance before we take buys. A nice 1:10 RR. fEEL FREEE TO COMMENT BELOW...
Hello Traders & Spectators, LCID has fallen a lot in the past few weeks like everything else but has found a temporary bottom and is now looking to move higher. It is now at a major resistance that it hasn't been able to pass previously but since this resistance has been tapped so many times, that means it is getting weaker. A relief pump seems to be unfolding...
The price had a nice reaction from the daily support as I told you in my previous analysis on 0.8$. The price could retest again the 0.786 - 0.886 Fibonacci level on the 4h timeframe and got a rejection. a RETEST is NOT ENOUGH for a short position, the price needs to satisfy our rules How to approach? IF the price is going to have a reject from the key level, ...
RSI Bullish divergence present, we should see a backtest of the 19900 support (2017 bullrun peak) continued by a nice rally reaching around 23000, testing that level as resistance for the first time since the start of the 2020 bull market.
The price got the liquidity below the triangle, and now the market is testing the dynamic and static resistance below the 0.5 Fibonacci level, it's a key level. How to approach it? The price needs to create a new Higher High from here, and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in...
1. Support becomes resistance 2. False breakout at three resistance level 3. Sell opportunities might be happen in false breakout zone
Yesterday Btc touched the support trend line. There is another trendline that shows resistance that Bitcoin hasn't broken it for Days. Can it Break it? My personal comment is that Btc will probably touch the resistance and break it.
In my analysis, CHF/JPY will be sell momentum because the price is already on strong resistance at Weekly & Monthly. And it will bring the price goes lower.
In my analysis on June, 20 2022. 1H USD/CHF create bullish flag and it will break the structure of the flag, the price will go up as shown on the images. Now i standby for entry.