As you can see, BTC hit the 0.618 of the pitchfork. if BTC loses the highlighted level, the target is the mid-line where is the bottom of the blue channel. therefore I believe that the first target is $33783.33 and the second target in bearish trend is 31923.27 Note that these are not exact price but an approximation
Evening Traders, Today’s analysis – CADJPY – trading with a bullish market structure, further upside probable, Points to consider, - Price Action Impulsive - Dynamic S/R Support - Swing High Objective - Low Volume CADJPY’s immediate price action is impulsive, trading above its dynamic s/r with further upside being imminent. The swing high is the...
A well established down trend here. Taking a short position in line with trend line and top of sm2 Bollinger band.
Head and shoulders within falling wedge which confirms a fail of falling wedge buy
STRONG RESISTENCE POINT !!!! SELLLLLL NOW RESISTENCE PUSHES PRICE DOWN OPEN FOR OPINIONS ALWAYS GOOD OR NEGATIVE FOLLOW FOR MORE
As you see the chart above, I think EMAAR due to one scenario is within a regular flat correction. Wave A and B are completed and wave C which is a downward wave is going to start. So be carefull! Then wave 5 will be started (a upward wave and with a good profit maybe).
Downward trend, that might continue based on the new lockdowns in India and the fear of further lockdowns worldwide. Possible change of getting interrupted around resistance levels, but clearly downward trend for now. The trend for the coming days depends on the following: - India Covid cases - US oil inventory (wednesday) - Further lockdowns around the world In...
I bought some chocolate and am now exposing my face to the proper way to trade this scenario. I'm willing to do whatever it takes to make this idea stick. Have I hit my head multiple times in my life? Yes. Still waiting on the excuse.
Evening Traders, Today’s analysis – BTCUSD- trading below its Weekly S/R where a bearish retest is probable, Points to consider, - Price Action Impulsive - Weekly S/R Resistance - Range-Mid Objective - Oscillators Oversold BTCUSD’s immediate price action is impulsive, trading below its respective Weekly S/R that is in confluence with the POC, this allows...
Clearly identified the bearish trend and used the adopted shadow support and resistance technique to identify key buy and sell points. The last week saw lots of bullish momentum pushing the Loonie up to the resistance level. Hopefully, this week the bears can bring their momentum into the market so bring prices down to the support level.
Evening traders, Today’s analysis- APLHAUSDT- trading at a key technical range where accumulation is probable, - Price Action Range - Key Swing Low - Resistance Objective - Oscillators Neutral ALPHAUSDT’s immediate price action has an accumulation phase, allowing for a bullish bias. The structural resistance is current objective, exceeding this level...
Evening Traders, Today’s analysis – BTCUSD – trading in a place of indecision, reclaiming either S/R levels will allof for a directional bias. Points to consider, - Price Action Impulsive - Daily S/R Support - Local S/R resistance - Price Action Rotation BTCUSD’s immediate price action is impulsive and remaining bullish as consecutive higher highs and...
Evening Traders, Today’s analysis – ETHUSDT- trading at a key level where short term downside is probable, Points to consider, - Price Action Impulsive - Local S/R Bearish Retest - Daily S/R Objective (200 MA & POC Confluence) - Oscillators Neutral ETHUSDT’s immediate price action is trading with a bearish retest, allowing for a short term bearish bias....
It appears as tho Ger30 may have found some type of level of resistance around price level 14190. This may be the market giving us a Bearish signal? If so lets see if we can test the 50MA on the Daily. Risk to Reward 2.7:1 Entry 14015 SL 14155 TP 13662
Following the trend of "Support 1" the recent pump was technically to close below Support 1. But Due to recent news around XRP it closed above.