We will look for selling patterns in aspected selling areas.
Good setup for short term selling of GBPJPY currency pair. Short position further confirmed by Stoch being in the overbought zone. Do let me know what you think.
We will see Selling Patterns (Rejection , Shooting Star , Inside Bars ) in aspected areas.
It makes already 4 months that bubble is imploding and we are now approaching an important zone for the trend of BTC in next months. This graph isn't a logaritchmic one but it doens't change anything. The first important thing to develop is that BTC is near the important zone that will determinate if it's going down or up. We just knew a bounce on the support...
There is a potential selling opportunity here. The price going down last few hours, but if it goes up at resistance level (0.7051), this will create a selling setup. The price respected that level many times and it will more likely, it will do again. The new selling orders will be placed at that resistance level, that push the price down.
The purpose of this video is not only to provide a TA on what happened March 13th, but also to describe how dangerous using a Stop Loss limit order can be! My stop loss did trigger but it did not have a chance to insert my order on the books and sell it off. Never insert your stop loss and limit price too tight! If the market has a flash crash or a volatile spike...
Hey guys, I published this weekend the idea of having a double top formation on EUR/USD. It seems the idea has been confirmed. To complete the pattern, I am now looking for the pair to test the 1.22 area which is a strong support. We had an impulse and we are in a correction phase. I am not excluding further down pressure because of DXY rebound and EU...
The price've tested the H4 and daily resistance and the higher band of the trend channel that has rejected and braked out the triangle pattern, showing a good and clear short signal targeting the daily & weekly support and perhaps goes as lower as H4 support. remember to trade safe, use proper lot size and risk management, don't be a pig on the market!
BTCUSD Trending Down Swing Color Red Number 3
EURUSD Under Pressure Color Blue Number 6
Have you ever read the story about the fox, the wolf and the moon? It was written by La Fontaine. To sum things up, the wolf wanted to reach the moon but an optical illusion made him chase it down a well...where he drawned. This tale is both simple to understand and actual since people are still trying to chase a "moon" that could definitely hurt them. Aside...
With The Falling Wedge Pattern Formation On Both M15 And H1, I'm Looking to go to the downside. Target At The Shaded Area As It Forms The Strong Level Of Support. FX:GBPJPY
Selling gold because: Probable phase 2 broke structure on a zone
the downward trend is still not over. Since the levels of the downtrend were broken through. We expect the price to go down to the bills of the Fibonacci trend. It is natural to expect a miracle not to be worth and a long-term transaction. We have a good price to sell from the levels that we see in the picture. the mid-term will still be ascending and the...
Downward correction for AUDJPY to X-Lines level 87.795 after active distribution.