As we can see, the price has broken the major trendline and confirmed with 4H candle, in the 1h timeframe we can see double bottom and has broken the neckline, 2 confirmation valid. if we go to the 30m timeframe, we can see the bullish structure that we can use for entry this is just intraday trade, maybe the major trend and minor trend doesnt match, but we can...
I think there are two ways left for Bitcoin, Yellow or red path? taking this position at this point is high risk.
On the hourly timeframe there are some small developments with bitcoin that are nonetheless deserving of one's attention. Just prior to the weekend, BTC put in a low, followed by a dramatic move to the downside which put in a lower low. However, if we look to the Relative Strength Index, we can see that a low was also put in but after that, a higher low was...
This is Part 2 of Weekly Review video analysis where I detail some of the markets price action this week. I talk about ideas such as the psychology of the market, key levels that played an important role, and my NFP buys. If you enjoyed this video analysis, please leave your support with a rocket or a comment below. If this was interesting, follow for more!...
XAUUSD aka Gold we will know have multi time frame anylsis and we start from daily TF in which gold is going to complete a falling wedge and has taken all the Sell orders on daily time frame through a fake out candle and now it will reach its buy zone soon 2- now as we see on H4 time frame on 1924 level it has given a beautiful Bearish engulfing which gives us a...
Gold is holding the previous day low like a champ on the 5 min timechart. Are we going to see some bullish momentum on XAUUSD? Let me know what you think!
🏳️ Pair Name : Gold 🗨Time Frame : 15 Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Best Buy Area Type : Mid Term Swing ——————————— Great opportunity now Please...
EURJPY is holding previous daily lows and might be heading for the north side again. EURJPY has been going to the west for some time and is failing to make a new high or low. Let me know where you think EURJPY is headed!
Based on the liquidity areas, I will open this position and make it possible for the news to reach the intended destination
Price did a break and retest above our 1.0918 Daily S/R Zone during Asian trading today and has increased 58 pips since then. The Daily candle reached within 9 pips of the 1.0986 Daily resistance zone formed last week. This return back to the topside of what looks to be a range forming now. Top of the range being 1.0986 Daily resistance zone and 1.08908 Daily...
After earning small chips from the shorts I decided to go long and participate in the trend. This pair is still in an uptrend. The dollar is creating higher lows and structurally higher highs. I noticed a breakout of consolidation then a retest. The re-test presented a bullish reversal pattern followed by volume. I project price to push to atleast 144.808
🏳️ Pair Name : GOLD 🗨Time Frame : 15 Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Type : Mid Term Swing ——————————— Bullish Break Area 1930 Bearish Reversal...
The market has opened and prices are steadily drifting on top of 1925 zone. I believe highs will be retested again. I currently have entered buys at 1924-1925. i will take this back to 1937-1939 area.
On 4H, we are on the uptrend. On 1H, Price is now at lower BB. Wait for reversal pattern on 1H then enter long.
We would like to see the Daily candle close above 1.0945 as this will confirm a breakout to the upside. The candle at that point will close above the daily resistance zone created by last friday's daily candle. The idea is that we have momentum leftover from last week and will see the curretn weekly candle push deeper into the Daily/Weekly zones above. Wild...
When figuring price out one of the things we consider is what price might want to fill and after it has filled that, what might stop price and reverse it. So for DXY we see that it's currently filling a void that was made during the bullish move. It's also at a gap that might be filled. After that I think price might drop a bit lower to take out the old low where...
- Weekly Candle is Bullish and has pushed past the previous week's high creating a nice breakout of 77 pips - The 3 Daily candles this week have been Bullish - The Previous Daily candle increased by 70 pips in total ( 31 Pip Body and 40 Pips top wick ) - The previous daily candle's top wick was larger than the body of the candle itself. - The 4hr timeframe has...