#BTCUSDT #4HR #Binance #Tommy - Elon Musk is abusing the finance market. Tesla’s recent announcement that they will no longer adopt Crypto technology for their payment system, has shocked the market. - Technically, a rounded head pattern that signals the trend reversal had been formed before a big correction. Some of the similar patterns that could be interpreted...
Here are some of the major supports that I've recently found for GBPUSD. - 1.3939~1.3949, 1.3905~1.3915, and 1.3876~1.3886 Long (Valid until 5/14 04:00) EP: 1.3949 SL: 1.3935 (-14 ticks) TP1: 1.3972 (+23 ticks) TP2: 1.3998 (+49 ticks) Long (Valid until 5/14 19:00) EP: 1.3915 SL: 1.3901 (-14 ticks) TP1: 1.3929 (+14 ticks) TP2: 1.3939 (+24 ticks) Long (Valid...
#GBPJPY #Forex #Weekly #SwingTrades Considerable Support and Resistance Support: 140.000~142.500 (Valid until 6/24) Resistance: 154.500~156.500 (Valid until 5/31) Short (Valid until 5/31) EP: 155.500 SL: 158.600 (-3100 pips) TP1: 149.500 (+6000 pips, RR: 1.94) TP2: 144.500 (+11127 pips, RR: 3.59) #GBPJPY #Forex #Weekly #SwingTrades Considerable Support and...
#USDCAD #Weekly #SwingTradingSetups Long (Valid until Oct 11th) EP: 1.18105 SL: 1.14816 TP1: 1.23313 TP2: 1.27287 Long EP: 1.08238 SL: 1.05497 TP1: 1.12349 TP2: 1.16187
- Sharing some thoughts on BTC on 4hr chart. - The primary factor to monitor would be whether or not the bottom of the yellow upward parallel channel can successfully support BTC. It’s the red box on the chart. - If it fails supporting, BTC is most likely to get into corrective phase and at least test the bottom at $55200. - I have marked some of considerable...
#Bitcoin #XBTUSD #Daily #Tommy - Here is XBT daily chart. After a massive bullrun up until 42k, Bitcoin has broken the blue upward trendline below and has been on its correction phase. - Making lower highs and lows, it is currently forming a falling wedge. Moreover, it’s testing the support of the inner upward trendline which I have marked it with yellow dotted...
#EURUSD #Weekly #Tommy - Here is EURUSD weekly chart. Assuming that the impulsive uptrend wave cycle has started from the low at 0.82311 that was formed around 2001, here is my Elliott wave counts. - I interpreted the corrective phase as WXY structure where wave X has tried to make a swing high, but has failed and thus the correction cycle is considered as...