Price has been moving in a downtrend forming LH’s & LL’s while also rejecting key fib levels at the moment.
Risk to Reward is around 3:1
We’d like for price to stay below 1.8300 overall for this setup to play out.
If price can break below our Trend line around 1.8200 then GA can push down towards 1.8100 - 1.8000 support level.
(Keep in mind high...
There is no big advantage between buyers and sellers.
Total books: $45,100,101.45 (-4.33%)
Global Bids: $22,239,247.55 (+5.02%)
Global Asks: $22,860,853.89 (-13.43%)
24hr Volume: $919,637,777.11 (-37.054%)
The latest stock market growth has sent DAX to the top.
So the channel level has been broken down to 11,990 and we can recover from an increase of 12,140. Then you will see a decrease of 11,880 and a breakdown of 11,690 to continue with you at 11.150
Chart time frame - H4
Timeframe 4 - 16hrs
Actions on -
A – Activating Event
Market will meet resistance in zone @0.711 - .... and fall to the 0.705. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.705
For the long terms (daily or weekly chart), we can see that EURUSD is bearish, yesterday, the price dropped from 1.1300 zones, and created a fresh new supply level, that supply, can Be the sign that the long terms bearish momentum is continuing and it’s a time to look for sell position, also, the divergence between MACD indicator and the price is back to be...
Hi all !
this is a weekly bitcoin chart using blx data :)
we are under 128ma and 50ma on weekly for now lets see how closes todays .... anyways deathcross on weekly is evident using this Moving averages i use for bitcoin , also i know about a " future golden cross" on 1day and other timeframes but listen..... first price is above .....and usually will be not...
Today I introduce you to the slow stoch analysis where we will see that if the arrow part goes above then we have a very strong signal from the bulls but if the bow reaches the bottom the salespeople will try to break another resistance in 1287 and continue with down to 1280.
It seems like a potential for a double top pattern on USOIL, the pattern will be completed only if the price will breakout the support below, if that happened I'll look for a price action setup for sell position, also, if the price will break the support below, it indicates the price tends to reach the demand at the bottom, this demand will be my target for the...
After the struggle between the buyers and sellers, we can see the price jump away fast and strong, it indicates that there was a huge difference between the buy order and sell orders, much more buy orders at this level, That situation creates the demand below, it means there Are more unfilled orders waiting for the price at this demand, I'll wait to see if the...
New analysis from @ArShevelev for EOSUSD: it showing big rising (ascending) channel. Looks like a Wyckoff Accumulation Event and price still inside the channel between phases C and D
I will try to buy it near 3$-3.3$ closely to support line in order to get better entry and stop loss. Lower low will make invalidation for this setup.
Targets are 6$-7$-8$-9$ on...
History and Application
This parabolic curve pattern was first observed in the markets over 50 years ago and was misnamed a parabolic trend. Then, observing a parabolic curve pattern on the charts was a rarity. With increased market participation in forex, with the added propensity to have increased buying and selling pressure on a currency pair by an increased...
THIS TRENDLINE IS NOT BREAK FROM BUYER
WHERE TRENDLINE BREAK FROM BUYER IS 100% SAFE FOR GOING STRONG BULLISH
BUT FOR MOMENT IS IN CONTROL FROM SELLER AND WE WAIT SIGANL FOR RECOVERY
We do not know yet for sniper entry but we will see the news further as 1D has not yet confirmed a buyer's control
Why I’m bearish on Gold and Gold Miners in the short to medium term:
All the following items provide a positive market sentiment, and a stronger willingness for investors to allocate money to risky assets such as stocks rather than safe haven assets like gold, and therefore selling of gold miners.
1.) Still strong US economy, based on the slew of positive...
Will the price retrace to the new supply that broke down the uptrend channel? no one knows, but it definitely a great level for sell position, this supply broke The uptrend channel, we can see also the divergence between the MACD indicator and the GOLD price, sell at 1301.00 zones,
Target - 1250.00
Stop loss - 1305.00
In case you missed it, the European Central Bank (ECB) recently underscored its dovish stance by sharing that downside risks have proven “somewhat longer lasting” than previously expected.
Draghi and his gang also said that it’s ready to “adjust all its instruments” in case of weaker growth and inflation prospects. Last but not the least, it doesn’t look like...