QRDO coiling up for retesting resistance above, if broken, could have nice move...
The floor and ceiling of the canal are easily visible We are currently in the resistance area of this channel If sales pressure is seen It is expected to correct to the level of 39,500 Trade in a quarter of the channel Short or Long... You know ...! . . ♥ If you like it, don't forget to like and follow :)♥
I saw a really interesting chart from MartyBanks about DoDo, I've linked it in the related ideas. So I decided to look back and chart DoDo. After a massive dump it found support on the weekly level and more recently bouncing from daily support. From there we had a clear market structure break on the daily. You could make a case and say that we actually had...
Let's see how BTC is behaving. This is a 1D chart. (Mid Term) The upper Bollinger band has rejected BTC, and now it's sitting on support. If that local support is strong enough, we would see another pump to the following local resistance. Support levels: $41369 Resistance Area: $50542 Bollinger Bands can work as support and resistance too. Here is an...
With this recent short in BTC I am looking out for the following: 1) BTC closes back above my short term trend line and continues to follow it back towards the next resistance zone around 48k. This means that a fake out would have occurred below my short term trend line using the 4h chart. 2) The previous bullish 4h bars is merely a retest on my short term...
Hey Traders, Looking at the EURJPY chart. I can see a potentially a bit of strength coming into the Japanese yen as a pullback after the previous losses felt in March. It will be interesting to see how the chart reacts. I'm looking here on the euro because I still am seeing euro weakness given the current circumstances with Russia and Ukraine. I want the price...
Hello traders and investors! Let’s see how SQ is doing today! Despite the drop in the past two days, SQ just reversed its bear trend and now it is in a bull trend. We see higher highs/lows, it is trading above the 21 ema, and the volume is increasing, just after it hit the support at $ 87 (keep this price in mind). It is the first time we see SQ doing these...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see a correction to the 21 ema, and the price is trying to react, as we expected (link to yesterday's analysis is below this post). This is good, and this correction doesn’t invalidate the bull trend, as the index is still doing higher highs/lows. There isn’t any...
Based on the chart, the price is close to vital trend line and before more gain we can expect brief rest or correction ✔️ if the price stays above the trend line, we will see more gain and our next two targets located on the chart 🚀 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
alternative supply the area that I have described can be a fresh supply area that can be used for swing sell trading, this is indeed quite different from the previous market analysis on this foreign exchange keep an eye on your chart so you don't miss the best moment for this
This was an order that I had input this morning when going through the my broad market charts. Reasoning is below: 1. Clear support at 352.75 (White line) 2. Long term bullishness on equities, especially if inflation continues. Caveat to this is that with rising rates I do think Tech will feel the pain more than other names. As such this position is 1/2 my usual...
After we lock our anchor, EURJPY seems to be weaker than usual for last week. After all, we still holding our position as the last analysis was still valid. We are looking for reentry level at around 128.600 And hoping to reach atleast 129.600
it is a good time for long trades. be careful and save your profit.
BINANCE:BTCUSDT Given the long-term price channel of Bitcoin, we see that price It is close to the ceiling of its channel and is 0.618 on the ceiling Which can slow down the progress for bitcoin and after Breaking the 0.618 price level could advance to the next Fibonacci level
The higher low in november 2020 showed a break in market structure from a long downtrend since mid 2018. A higher high followed in december 2020 which was the first confirmation for a trend reversal. The next higher high en higher low fully comfirmed an up trend, which is still going strong and recently gained a multi year weekly resistance zone , which is a very...
ABT looks interesting, and it is worth to keep an eye on it! We have a pivot point at 109.52, and this might push ABT to higher levels. It must not break the 107.61, because we have a huge head and shoulders pattern here! In the 4h ABT just hit one of the fibs retracements, and now it is ready to trigger the pivot point at 110.86. If it breaks the first pivot...
With my easy strategy, I am covering both ways incase any situation like this happens. Just simple! Simple Price Action strategy that covers both buys and sells so you can never miss an opportunity. Remember small losses for those big gains. Look on my 'about me' or my bio for more information if you want to know how this works. Message me if you want to know...
💡 Trade Idea 📉 Buy Limit ETH/USDT @ 1183.14 🎯 Target Profit 1278.53 🛑 Stop Loss 1153.29 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price has moved to the upside, now it is forming a range, a small correction might be posted, then we expect buyers to come back and push the price to the upside, and we might seeing...