Expecting a bounce off the Horizontal structure, and will take a BUY on the confirmation. Please hit Like & Follow to support more analysis. You can also comment to share your bias.
The price will fall from the rejection on the trendline. GO SHORT. The possibility of price dropping into month zone are very high. Price already going down on lower timeframes as confirmation of rejection of trendline
Bitcoin has broken out of the recent consolidation and is now testing the 11,600 to 12,300 resistance zone (has been on my chart for months). I shared our LONG entry price at 10,675 (see my previous article) and it has reached it's first target at 11,375 for a 700 point gain. Technical notes and what we are anticipating for the week ahead: We have reduced our...
So early I published a bullish flag and then the break out to off to the moon. Well I decided to take the retest even I categorize myself as a breakout trader. At first my psychology had the best of me as I thought I my have entered to early and price reversed and went higher at the beginning of the 11am candle. So scared newbie I closed those positions before...
I've been following the path of gold ($GLD) and silver ($SLV), and how it's been relating to $DXY. Here is the path that I think it will take. First, I think we're going to get to the .382 fib (~1838), then we're going to go back up to the .236 fib (~1929), and then back down to complete the 50% retrace at the .5 fib (~1765). From there, we should move up...
Looking at eth. from large to small. We have had our monthly pivot tested. and monthly L4 broken. keep in mind we are still in our linear regression channel and this pullback is still very reasonable. it was the pump that wasnt. now mean has been tested. Lets move to the weekly on the right. we broke the L4 and hit BOTH L5 L6 breakdown targets. a new weekly...
routes the bear intraday trader might got. stop loss not too much higher than H4
Gap is there. linear regression channel support. L4ish on monthly. Decreasing volume with growing sell volume. PPO reading top. so is my TKE occilator over it. and the daily fisher transform seems to be flipping and its be at the 2nd deviation for a minute. and the red + sign is a daily wave trend cross. Also since we are losing monthly H3 the typical camarilla...
XAUUSD seems clear breakout, and minor rising channel if channel breaks we can see minor retrace possible till 1935-45 zone but major is Buy Long
what i think happens
First I want you to see how nicely it hit that fib extension, lel. So lets see how deep the retrace will be, link reversed for now
$AMZN blew through our entry point and made it to our first target price before retracing back to our entry point zone.
I recently posted info about this on another chart for bitcoin. you see how that pivot point was untested on this new monthly? that means. always. btc JUST did this at 10.5 last week. but it means THE PIVOT POINT WILL GET TESTED!! buy there
Is this a confirmed EU USD break out of a 10 year downtrend? The trend line connecting the highs since 2011 seems to be broken to the upside at the end of last July. That was about time considering the RSI (below) and price divergence developing for the last 2 years. How many weeks it may take to get to a 50% retrace from the May 2014 high to the low of...
with CPR central pivot range. and splash of TD sequential and gap influence