US crude oil's short-term price ranges from support levels 94 dollars to resistance levels 99 dollars, with an equilibrium price around 96.40 dollars. I expect a continuation of the sideways trend, and I will wait for bearish price action from around 99 dollars to short back to equilibrium 96.40 and then 94 dollars, with stops above the resistance areas. I wish...
Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** EURUSD is presently moving sideways and we expect the bearish trend to slow down with the approach of year end. Listen to video for full analysis! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy...
There are two different target's breakdown and breakup can be achieved during 3rd and 4 th touch keep watching this is for only educational purpose only
Looking at the daily picture, we can identify several important information : 1) caught in a $ 23.00 - $ 25.50 trading range 2) mix of a double bottom and double top 3) currently below the Mid Bollinger Band 4) in the middle of the sideways trading range above mentioned. 5) supported by the former uptrend support line (in green) 6) still below the ongoing...
Hello folks, Welcome to this another important post on BTC price in 4 hours timeframe. Thank you for being so supportive of this community. It’s an honor to serve you guys with quality content and charts. Let's roll back to the chart. Yesterday's -9.8% drop wasn't expected at all. Everything was working fine and I personally expected BTC to reach $46k but...
Hello traders and investors! Let’s see how NVDA is doing today! Since our previous study, last week, I told you that I wasn’t convinced of anything on NVDA, and this purple trendline was one of the reasons. Today, NVDA is retesting it for the sixth time , but unlike a week ago, this time we have more chances of defeating it ( link to my previous analysis is...
Possible reaccumulation to form wave 3 EW. ooorr, maybe not. Developed trading range 500-525/530 (Smaller) or 500-550 (Bigger) Low risk, repeating trades at any case of a TR breakout (580), possible immediate TP based on PnF as on 24 Nov 2020, around 700
USDCHF is in a sideways channel looking to fall to support and bounce to the top for a possible breakout.
My Last Analysis on LINK/USD, has reenacted somewhat similar, and I pulled out at 7,1ish. Overall I don't think greed for LINK/USD is not over yet and FOMO is in the air. I advise we all just stay calm and be rational, LINK just reached its all-time high, it doesn't sound logical that it will go any higher in upcoming weeks. I would say a ranging market to appear...
After making a pretty solid down trend, price has moved into a very sideways pattern and has not moved anywhere in the past two weeks. It is very hard to make profitable trades when price is not making a sustained move either higher or lower. It is also very easy to be stopped out repeatedly. This and other markets with similar price action may be best suited...
after a long and ridiculous retracement. strong Support at 3kish
Type 2 Bat Pattern is not the usual setup I'll trade especially the initial Bat Pattern Setup has hit Target1. In this case, there is a Consolidation pattern, a symmetrical triangle or better known as pennant having the 1st break to the downside. That signal a higher probability of downward movement. More important it gives a great reward:risk.
Hey everybody. Just as I predicted not long ago, silver is breaking out and now entered monthly supply range. Expect sideways action in 20.30-18.60$ depending on how gold will react in its monthly supply zone. I'll attach my previous idea. Once we break out from this range on monthly - targets are on the chart. TVC:SILVER
A sideways consolidation or better known as pennant has formed on NZDJPY . A breakout of either side will usually confirm the direction of the market expansion. An aggressive trader will usually wait for a break and close above or below the pennant to chase the move of the market. A conservative trader will then wait for the retracement to engage the trade of...
A sideways consolidation or better known as pennant has formed on GBPJPY. A breakout of either side will usually confirm the direction of the market expansion. An aggressive trader will usually wait for a break and close above or below the pennant to chase the move of the market. A conservative trader will then wait for the retracement to engage the trade of the...
Let's see how the next 2 candles close if it closes within the sideways consolidation, I may just long this pair. On the daily timeframe, it formed a bullish crab. 2 supporting reason for a long trade. Let see how this work out.
As GBPUSD creates a series of lower-high, I'm waiting for shorting opportunity through retest of upper trendlines or a harmonic pattern to engage the trade.
CDNS is shifting sideways after a strong run out of a bottoming formation. The sideways action patterns out some of the speculation and provides support for the stock to move higher.