I believe the first breakout impulse of a new trend in the major assets can start during the next week. DXY broke out the long-term trendline and held above, closing at the border of the current sideways channel at 94.00 (even a little above it). If on Monday DXY closes confidently above 94.00, I'll be surely bullish on USD and JPY as that may signal the...
GOLD is trading in a triangle, with it's lower bound changing angle! (1) A strong green horizontal support has been established (2) IF gold manages to break out the diagonal resistance of a triangle>>> Then the post-breakout scenario will likely play out (3) With long opportunities from pullback first and then from retracement to the dotted...
This is an experimental model for educational purposes only, The purpose is to demonstrate the repeating nature of slopes derived from the dart boundaries, once we find an angle we like it is likely we will find it again. This helps with scenario planning - creating multiple possibilities to prevent getting burned by bias. I added scenario bars through Sept...
Scenario Analysis of BTCUSD... big up.
Hello Traders, Again the same point of view. Two scenarios, the price couldn't consolidate for a long time specially on this pair which is the most volatility one. Therefore, follow the main rule never fight the trend, we trade on Foreign Market, we don't create the trend , obviously we don't change it, we can't. Just follow the wave. The rules are on the...
Scenarios for Bitcoin; bullish: 13755 bearesh: 9000
Alright guys lets make it simple to understand, this is not hard to see... Breaking red lines means potential to touch another one. Breaking green lines means potential to touch another one. Personally im in short until I dont see a confirmation above 9450(Means 9500 break) and I will do long to 9850, I didn't enter trade yet, because this range is not done yet...
Bearish symmetrical triangle repeat drop or bullish symmetry scenario
Gap filler since the altcoin market is intensely correlated with TOTAL, completely even buy bitcoin and alts at 78B if this scenario occurs
Hello Traders, Here is a overall view about BITCOIN and all the things you have to see before making your decision. The first scenario is a possible Head n Shoulders pattern at 1hr time frame if we loose this neckline we can have a stronger correction moviment. The second scenario is that we can test this two support levels bellow and still be on bullish...
Eurusd has been very volatile lately and has made a strong push down. if it can close below the support line and can make a successful retest then I am expected a continued fall.....also considering the state of Europe and the effects of the corona virus. if it can close above perhaps we can see some bullish movement.
GBPAUD is at a very strong resistance intersection and i expect it will fall from here. However it could breakout and continue to rise to the 2nd resistance line and fall to retest.
CADJPY BULLISH SCENARIO : retest and continue upwards BEARISH SCENARIO : drop below support and retest rejecting the new resistance line NOTE : personally I am leaning towards the possibility of a sell.
Hi, I’m David and I write one of the most read columns in the Netherlands about Bitcoin on a Dutch crypto platform for several years now. As of now I will also share my columns on TradingView. I hope you enjoy! More info about me you can find in my bio. Last week it finally happened! The 200-day Moving Average (MA) was broken upward with a lot of force and the...
Dear Traders, Right now we're sitting in the middle of the parallel channel. We can predict alot of situations based on this chart. On the short-term bearish scenario, Bitcoin can retrace at support of our parallel channel, we can expect upward at 10,555. On the mid-term bearish scenario, bitcoin could break our parallel channel, possibly retracing back to our...
The Price is in its highest level and had retested it twice, so we are expecting it to break it and seek for new highs. RSI shows overbought levels but could be the confirmation of the ruptura once the candle closes above the resistance. Another scenario is a pullback and then the Price Will continue the upwards trend. We should wait for the buy in both scenarios.