H1 time frame.
After a strong bearish move that broke the uptrend, the price moved sideways for almost 2 weeks.
The bullish structure has shown a divergence signal.
Price down to break the Key level of 46700.
Wait for the price to retest to the 46700 and a confirmation signal appears, then you can sell with BTC.
The profit target is the 43000...
I'm thinking USDCAD should test low to high its heading to the high side of my zone marked above as daily hitting the peak usually means a slow down and turn around of price im waiting for a right shoulder to be formed in the morning before i decide to enter but this is where I'm thinking it should run
This pair formed an inverted head and shoulder pattern, broke the neckline and continued with it's bullish move. I expect this pair to retest the neckline formed for it to continue with it's bullish move. If the pair doesn't retest the neckline, i would wait for a consolidation to go long on it
clear break through from our correction phase , to show the change in the trend towards our 90% mark .
break through the previous 4 hr resistance zone in quite an impulsive manner , will wait for the price to come back retest and ill be looking for a proper entry
H4 time frame.
Structure: Downtrend structure confirmed.
After the price broke the support of 1780 fell sharply to the price of 1750 without a retracement.
There is a high probability that there will be a retest of this resistance and the downtrend line once again.
When the price pulls back to 1780 can wait for the appearance of sell setups with XAUUSD.
Oil has breached a 13 years long falling wedge.
I will be shorting until the 55/57 area, then switching to a long term buy that, in my opinion, could lead priced up to the 130 area. This would allow the big petroleum companies to sell their oil stocks at higher prices as they decrease production to switch to environmental friendly vehicles.
You can see that the...
Symmetrical triangle inside of the big ascending triangle,
on 1hr bullish indicators,
The safest is to wait for a breakout of the big one,
if entering on breakout of smaller, be prepared to take profit on possible rejection from resistance level,
we could see one more retest of support trendline or support red level before the possible breakout, retesting red...
H1 time frame.
After the price broke out of the sideway structure, a retest zone with a smaller sideway structure was formed from 47000 to 48600.
Wait for price breakout to confirm uptrend then buy BTC and the nearest profit target is 53000 zone.
Wish you all have a...
Chart is pretty self explanatory.
KCS is in a macro ascending triangle pattern and broke above the 200 SMA on the 1hr-- the 200 on the 4hr acted as resistance, and now it's retesting a very significant Support/Resistance level. If it can hold this level, expect upside.
This is an aggressive buy at the bottom of a macro pattern. Higher risk, higher reward -...
APPLE is trading in a big wedge
And now a local correction is taking place
I am bullish on the stock
So I think that once we see a retest of the support
The price will start going up
With the target being the resistance of the wedge
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AKT experienced a great move upwards these last couple of days, but as the RSI is starting to show weakness I think it only makes sense that it comes back down to retest its significant previous resistance level and turn it into support before rallying further up. The key level here is $4.50. Let's see what it will do!
*Not Financial Advice
H4 time frame.
The current price is still trading in the range of the 70.00 resistance zone .
Oil price is having upward moves to break the resistance level of 70.00 but there is no confirmation yet.
Along with that, the uptrend is decreasing, showing clear divergence signals.
In the bullish case, a clear rise above the 71.00 level is needed...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
Below is the zoomed in image for better understanding
Checkout BATAINDIA trade (linked below) to understand how to trade Morning Star formation
Also, you can check out...
Looks like ICP broke out from 3 weeks long descending triangle, now between triangle resistance line and resistance level that was rejected from multiple times... Broken from RSI descending trendline, but MACD looks like PA could do some more correction. So it might not push up in immediate short term... Set alarms for this one
Short 🔴 Sure Short, Vampire Cat Wedge
The left-wing (bearish wedge, red trendlines) of the vampire cat broke down.
We're seeing a retest now.
If the price is rejected, it'll crash in the right wing of the vampire cat.
Will it be rejected?
Daily trade BTC volume is dead.
Shorts on altcoins are piling up.
Long-term investors go to El Salvador to dump their...