OCEAN broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 1.48 is expected to happen.
Looking for a retracement back to 2286-2305 levels before continuing higher. Waiting for a pull back above 2387.7, followed by a closure below 2360.5 for confirmation. I will be looking for sell entries off of the lower timeframes such as 15/30 mins. 1st take profit will be around the 2332 mark, with full take profit between 2286 and 2305. OVERALL TREND IS...
Hello everyone, first of all I would like to introduce myself, I am Caillan. First of all, I want to explain why my nickname is Hawkeye, because Hawkeye symbolizes strength, determination and speed, which means that we can accurately seize trading opportunities in the market,and persistence and courage will bring us profits and value.In fact, I am not a writer. I...
DID I FOLLOW MY PLAN? Yes I allowed price to break my failed swing! WHAT DID I DO WELL? I entered the correct session & waited for a retest! WHAT CAN I DO BETTER? Flawless Trade! WHAT DID I LEARN? Give your TPs some breathing room! DID I PREPARE PROPERLY? YES! I waited for a confirmation! WHY DID I TAKE THIS TRADE? I saw the trend reverse with the coorelating...
the 4h chart, waiting to see if the demand holds and we get a rejection from the trend line for a buy back up to the supply.
BTCUSDT possible wave 4 scenario. The blue trendline act as a strong support and was tested only twice . Fibonacci levels for wave 4 are in purple . Inducements (liquidity traps) are marked and act like a magnet most of the times . Invalid on chart . Good LUck
Silver has broken out of a 4 year old resistance and it has a potential of about 100% ROI in the long term to touch it's all time high. RSI, Momentum and Trend intact and as the consolidation breakout is after 4 years, the price move would be significant, expecting a minimum 30-50% ROI. I would consider Silver Bees to invest.
Expecting ROI - 30% As mentioned in multi time frame analysis charts, 1) Monthly 6 year old VCP Breakout, Retest done , consolidated for 2 months, now ready to move out of the consolidation zone. 2) Compressing at major supply region with minimal sellers strength 3) Expecting BO soon, SL at prev week low.
OANDA:EURCAD is showing potential reversal from current zone. It is currently trading in potential reversal zone of XABCD butterfly pattern along with ascending trendline retest and bullish divergence confluence. These evidences suggest a potential up move in EURCAD from here. We can look for buying setups.
Hello Traders, Here we are looking at NAS from the Daily timeframe and I have identified two possible scenarios that could play out this week. Scenario 1 is that if price closes above $17600 - $17400 then that will push price further to the upside back to $18k area Scenario 2 is that is price closes below this $17600 - $17400 area then that will indicate a...
Logarithm. Secondary trend. Trend break zone. Time frame 3 days. Linear for clarity of the reversal zone in the altseason. The main trend and description of the cycles of behavior of the “samsara of stupid money”. PSG/USDT Main trend. Wedge. 21 11 2023
Pitchforks to generate signals - in this video I share how to pull pitchforks on the daily chart, drop down to the 1hr and 15m, and use price stability and wicks to create buy/sell signals - pitchforks often capture major pivots and areas of price stability. Try it out and let me know if you need help with the idea. I suggest playing with different levels and...
Price got heavily rejected twice at around 422 mark, with lower highs and lower lows being printed on the weekly chart. On a higher timeframe, the price has bounced again from an upper resistance. Not any meaningful bearish divergences aside a soft triple bearish divergence on the monthly chart. In the scenario of a pullback, price could bounce from the 370 mark,...
I was down in Mexico over the past week and most people were commenting about how weak the dollar was against the Peso. While I was there, the dollar made a move from the low SWB:16S to $18. Most people kept saying that if it gets to $18-$20, you should sell your dollars to buy more pesos, because the dollar will decline against the peso over the long term....
The Mosaic Company comes from a long accumulation period, breaking out from a bearish trendline, doing new highs and now pulling back to the 0.709 Fibonacci level. Great chance to buy now and sell on previous high, or hold for very long term.
Based on historical backtest of trade strategy. 18H BTC HEIKINASHI If the candle closes at or above the indicated value of the purple line as shown, typical trade is 23 bars with and average profit of 8.18%. This would be a longer term/higher time frame change in structure for BITCOIN. 60k double bottom is still in uptrend. Lower time frames are...
We can attempt to buy WAVES from specified level as 0.618 FIB also intact. SL , TP mention in chart.
NASDAQ:NVDA was over-speculated. It is a component of many ETFs based on all kinds of index funds, from semi-conductor ETFs to Big Blue chip companies, etc. NVDA was the big loss stock for the NASDAQ on Friday. The huge down day was due to many retail investors and smaller funds running for the door. This has nothing to do with its earnings report. It is a...