The market is in a strong uptrend.
As you can see, the market is at the daily resistance which is tested tree times already.
The target is at the 61.8% of the Fibonacci Retracement Level.
This level is very popular and it is used by many traders.
The SL is above the Resistance, but the risk-to-reward ratio is still above 1 to 2.
Entry Point, TP, SL...
As you can see the market is in a downtrend.
The market made a big bearish trending move.
It started around 145.000 and has fallen to the area of 124.000.
During this session the market respected the 20MA.
After that the retracement move started.
The market has risen until the resistance area at 134.000.
Now the market is consolidating in a tight...
The market just broke the market structure.
Now it is in a (not confirmed) uptrend.
Before, the market was in a descending parallel channel.
Then it broke out, tested the Parallel Channel again and made a higher high.
After that the market got under the previous High (orange dotted line), but it failed to make a new lower low.
As you can see the...
The market is in an uptrend.
As you can see the market was in a strong uptrend, but then a consolidation started.
After the consolidation the market is moving into the lower side.
That's why it is possible to make a new downtrend.
We recommned to sell during strong momentum.
Thanks and good luck :)!
The market was in a very strong downtrend.
As you can see the market was making lower lows.
Until now the market never suceed in breaking a high.
That's why the market is likely to retrace even further.
As you can see the market tried to break in the orange box again, but price action pushes back.
That's why we recommend to take the trade now.
ACB is at a critical price point at this time. The price action is still feeling the very strong downward trend that is pointing directly to $0 by no later than May.
In order to even potentially reverse this brutal downtrend, ACB must first accumulate and confirm the end of the downtrend. An accumulation channel between $1.16 and $2.75 is potentially in the...
This is a quick update on the Short Position we had on AUDJPY.
Price took long to break out of the trading range below the Momentum low of 73.79. We finally had this break this morning.
In order for further decline to be seen in the AUDJPY, price must remain below the momentum low and break 73.42 Low.
Alternatively a break back above the 73.79 will trigger a...
Major Trend still down, and we have seen participation at 50% retracement of the recent down-move.
Price has been trading in range since the 50% was traded.
Weakness in Yen yesterday has given this setup a nice boost.
We are short below 74.20
Stop Loss @ 74.50
Take profit @ 72.30
sooo the correction has begun.
Take a close look at this chart if you did not yet make your mind up about
where price could be headed in the next weeks an months.
We are currently forming a reversal candlestick on the weekly timeframe
and most signals are flashing atleast short term corrective.
Targets are 200MA at the very bottom at 8880
Below 109.90 we are short the UJ.
We have a clear Series of LL's on the intraday TF from end of last week.
What we have witnessed so far this week is only a retracement as long as price stays below 110.02.
The Stop Loss is 110.04
T3: 108.74 Extended Target
It's been a few weeks so quick recap. Last posting was back on 1/20 from me and bulls had reached $9,195 and were slowly coming back down. I was watching to see if this was the weekly chart consolidating and stated it would confirm weekly was pulling back if the daily chart lost its EMA support. Bulls however held EMA support as shown on this chart. So bulls...
Price has completed the DownCycle after a Violation of the Downtrend on Tuesday.
We are Long the AUDUSD from 0.6706 using PA as confirmation, other key tools agreed with PA too.
Low Risk SL: 0.6698
A break above 0.67777 will confirm a new trend and we should buy the dips only.
So there is stilll one more target to go.
As I already said in my latest post, the 200Day EMA is one of the last major stops and resistances
which bitcoin has to break to finally confirm a trendchange on broader timeframes.
Sitting now at 8900 USD, the 200Day EMA acted as resistance multiple times in the past and
seems to be of high significance when...
The market is in a very clear pattern.
After a healthy downtrend the market is now trying to change the trend.
The retracement moves are getting as strong as the trending moves.
At the moment the market is in a flag pattern which is at the resistance at 1.30800.
We're expecting a breakout with the same length as the first "shoot".
If the market...
As you can see, the market is now in a downtrend.
But the downtrend is very old and the power of it gets weaker.
The last strong move the market did was the bearish wedge pattern.
It moved down, then it made a consolidation wedge, after that it moved exactly that lower again.
If you look at the H4-Timeframe, the support at around 0.96300 is not broken...
The chart below describes the scenario where BTC broke down outside of the bullish Gann Fan starting right before the bullish impulse in February. Take note of the Cyan Gann Fan's lower bound. That Cyan Gann Fan starts at the initial bullish impulse in February and that fan lower bound holding support confirms that this move is a long term bullish trend change...
welcome to another free signal!
Important: Wait for the retest of the Neckline. We want to see rejection before we buy!
Market Buy: 1,11770
Target 1: 1,12050
Target 2: 1,12300
Target 3: 1,12390
Stop-Loss: 27.5 pips