Hi, I have been following this pair for a while. It has hit a main resistance line on a 4HR chart and had a few confirmations of engulfing candles and bearish candle patterns. The current candle patter on a 15min timechart has created a trend which has broke and retested at a 0.5FIB level ready for a sell. Currently still learning so let me know what you...
Bitcoin has some downside big time if we can confirm this harmonic, as of now, not confirmed and i am still looking for 57000 target and if we break 57k we go to 62-63 and there is where we can DROP 15k back down, so play this smart! Dont trade against the ''IN YOUR FACE'' trend we have and you will be rewarded. If you havent been able to make a lot of profitable...
I’ve removed the wicks from the hourly chart because it’s easier to spot what is happening when they are removed. Notice the symmetrical triangle pattern on the chart, which is also a bearish pennant. Bearish pennants are bearish price action patterns that help traders identify whether price action is going to reverse or continue. If you look at #1, you can see...
The dollar is getting stronger technically and fundamentally !!!!!!
Hello Traders, It looks like Uniswap is showing a bearish divergence on the RSI. We are also seeing a BTC Dominance rebound. Which can in effect cause alts to decline from their recent run. This means people are taking profits back into BITCOIN. Let me know what you think.
Placing some short positions at the current daily supply level to potentially catch the continuation of this downtrend.
EURGBP has broken a recent support zone. Wait for retest of zone and confirmation to go short. RR 3:1 Use minimal risk.
I have been watching and analyzing the chart and I think this 2 options could happen in the next few days. I’d like to hear your opinion.
Hello guys, this is a simple and effective short trade, XMR just reached its historical low, and it can possible have from 30% to 85% increase in Satoshis. Keep an eye!
After extremely strong move to the upside, EC started consolidating and finally broke the trendline with a nice formation to the downside and possible SHORT trade with a 3.66 RR Make sure to wait for the fat blue line to be broken with strong candle. If it barely breaks it or if you see a long wick, be careful with this trade.
hello fellow traders. i placed a short on gold, cause i expected proce to come back to the imbalance area (market needs to rebalance the scales) after we spiked up into a liquidity zone.
GOLD has a good chance to respect the old falling resistance again As it did multiple times before Therefore,I expect Gold to fall To retest its support However, we might see a fakeout To collect all the stops So be aware! Like and subscribe to never miss a new idea!
"You know, farming looks mighty easy when your plow is a pencil, and you're a thousand miles from the corn field" Dwight D. Eisenhower, 34th US President
We've gone bearish since the price came down from the trend line. It'll be a short trade right here after a rejection from the resistance level.
USDCAD going short after fib lev rejection on 4H and breakout downward
I'll probably do a short trade if it rejects on the golden ratio level.