Possible sell incoming Looking at possible selling opportunities for this pair depending on how we approach and how we react at this top
Shortsignal
SHORT Signal: YFI is overvaluedYFI has gained x10 over the past few weeks. it just recently got added on Coinbase which is a home for most retail traders so it pumped EVEN MORE! and that happened after a short break! In my opinion, this market has to CALM DOWN! It's not like this can rise forever and the way it rose is NOT NORMAL. Many investors are eventually going to take their next step which is CASHING OUT!. Think smart before buying. Many retail traders will get trapped by this while all you gotta do is DUMP IT!!!
Stop: 41000
Enter: 34000-36000
TP: 18000-21000
Looking for price to break lowerLooking for price to break lower as its currently running correctively and ascending in nature.
Momentum DyingMomentum to the upside is really slowing as we approach this double top.. begin looking for some sort of reversal pattern whether it forms an ascending channel, or a sharp rejection followed by a flag continuation pattern
Ascending corrective structureOpened a sell to the downside, price started forming ascending nature towards the .74 level and has since broken the ascending channel support
Ascending Channel Looking for selling opportunities around the 82. or 83. areas keep and eye on how price reacts and approaches these levels
Looking for sells on 3rd touch Waiting to see what kind of price action we get at these channels next touches
2 possible sell points Looking for sells at either the blue line or yellow line depending on how we approach
Bear Flag Possible sell off #ForexWaiting to see if the flag is valid once/if we break to the downside
Bear Flag Sell Continuation #Forex Bear flag forming on this.. Sell after completion of continuation pattern
Possible double top and sell #ForexLooking for a reversal in the form of a double top or a third touch on the channel
AUD JPY SHORT OpportunityIf the AUD/JPY forcefully breaks this triangle, we expect a good sales movement although we can sucpect a pullback.
EUR/USD: Triple Tops With +470 Pips Target Ready To Enter Now This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
