Smaller time frames reveal what looks like a bullish pennant formation. Target is $11K (roughly the pole length) then a correction.
Bitcoin may have finished the consolation.
Hello Traders! Will the Pound drop back to lows again? Good Trades!
*** DISCLAIMER *** Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which...
Bitcoin has just retested the Demand Zone for the second time with a strong price activity. A Medium Term Bottom may be here. Time to retest the upper Resistance of 8200 - 8500. Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: 1 Blue Ribbon (Strong Support) in about 6H timeframe, appears in the same level as the previous Blue of Sep. 27 If Blue...
corrective nature. multiple touches on both bottom and top of ascending channel. Engulfing bear candle on the hourly. 20 pip stop.
It seems that it was going down and then after my previous post about #LTC I no longer knew or understand what it was heading. It was clear that I was missing something out there and I couldn't see it. I then went back to see the 1 hour chart, 4 hours chart and then decided to jump to the monthly time frame and come back to weekly and then daily. I discovered that...
Symbol: CHFGBP Timeframe: 1H Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframes: 1H: Red -> Green Medieum Timeframes: 8H: Blue Long Timeframes – Context: Green Series Other Signal: Inverse Head & Shoulder. Structure Support SETUP: Wait & Long Bullish Breakout the neckline ENTRY @ 0.8359 SL @ 0.827 T1 @ 0.847 T2 @ 0.855 I...
Symbol: GBPEUR Timeframe: 1H Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframes: 1H: Lime -> Yellow Long Timeframes Context: Light Red Other Signal: Head & Shoulder, Rejected by Structure Resistance SETUP: Wait & Short Bearish Breakout SL @ 1.10851 T1 @ 1.0871 T2 @ 1.0821 I appreciate your like or comment. Welcome to share your...
Multi TF analysis first, we see the Monthly/Weekly/Daily in congruence for an uptrend. On the daily here, we see that the market could be pulling back. I've got the fib zones marked with rays. As you can see there is the 50 and 61.8 percent level each identified with a ray. Additionally both those fib levels have confluence with a significant support/resistance...
Please message me for further details, and blessed trading! :)
For starters, on the right we have a weekly chart, and on the left we have a daily chart. Using multi time frame analysis, I'm leaning towards believing that this current uptrend we are in can make it all the way to the orange line for either a retest of that orange MONTHLY zone as a support turned resistance OR, it will turn out to be a false breakout on the...
It isn't the prettiest, but How often are they? Here we see a Descending triangle formed on the 4h hour with at least three touches. We have a candle close under that support and it looks to me like the market is returning to potentially retest that previous orange MONTHLY support zone as a newfound resistance zone to continue the overall downward trend. From a...
GBPAUD has formed a acesding triangle on the 1HR and 4HR time frame and has broken the resistance that was previously tested and rejected successfully 4 times, price action looks to retest this previous resistance and flip to support. Price action is making higher highs showing a uptrend of price. On the 4hr time frame a dragonfly doji has formed showing an...
Symbol: Bitcoin, XBTUSD, BTCUSD Timeframe: 30m Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframes: Red -> Blue Medieum Timeframes: Red Series Long Timeframes – Context: Green Series Long Wick Candle in 1H Timeframe Demand Zone: 11100 -- 11350 I appreciate your like or comment. Welcome to share your idea here. PM the author for a...
After a week and abit of dropping sharply, looking for retracement and probable further downside momentum. This is a prediction of what i think may happen, please! trade at your own risk!
To keep it short: - Short team Buy if break the line or 1.8 zone - So where are we now? 1. Weekly: What i can see: - Buy signal :High volume (enough) bullish pinbar - At the swing low - still in the chanel - Divergence shows bearish signal. Technical: - Buy: price action, trend analyze, candlestick analyze (+++) - Sell: Divergence (+) Fundamental: - Sell:...