BTC approach trendline in 2H timeframe above. Touch Supply Zone Fibonacci 0.618 - 0.786 No signal to reversal to uptrend.
Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is close to a Resistance Trendline & a Consolidation are - Price action may reverse back towards the previous Demand Zone Suggested Trade: Entry @ Area of Interest 560 - 570 SL @ 580.66 TP 1 @ 552 (Close Half-Position & move SL to Entry level once TP1 is...
Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
Dear Traders, Hope you are doing great, we have a upcoming great selling opportunity on GBPUSD. DXY may become weaker until Thursday where we can start having major news on DXY. The economic news expected to come in favour for USD although, the market will be too volatile so we ask you to follow accurate risk management. As always if you like or agree with our...
Gold's 4-hour moving average crosses downwards in a short position, and gold's downward space opens up. Gold's 4-hour double top continues to suppress gold's rise. Gold fell below the last new low of 2292, and gold has resistance at the 2300 mark. If it rebounds to around 2295, it can be shorted first. Trading strategy: short gold 2295, stop loss 2305, target...
Price is moving in uptrend and recently take a correction Price started forming HH, HL again after taking support from golden pocket Trendline resistance breakout and retest is observed Morning star formation at Trendline support confluence a bullish potential Take entry with SL below 140 (aggressive), 131 (conservative) Trail SL and enjoy the ride
Pair: OANDA:EURGBP Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...
Dear Traders, First small bullish correction and then drop towards $2500 region, which will remain a key area for most of the institutional sellers. We also need to have different bias, where price may not make any corrections and just continue dropping from current area. Good Luck and Trade Safe.
For gold, we look at the 2345 line. The K line has reached 2346 as scheduled. Our target has been accurately reached. The golden four-hour line still maintains a bullish trend. Although the negative and positive lines are intertwined, the overall trend is still holding the 2310 line. The market continues to close the shadow line, and the signal is obvious....
Hi, guys. Nice to meet you I hope today will be a day full of joy It's creating conditions for a rise by adjustment as extended waves. If the upper line of the extended wave is broken upward, candle can rise to the purple long-term uptrend line. If chart ignore the upward conditions of the extended wave and fall down, Green and red lines are likely to be...
In a financial market full of variables, gold, as a traditional safe-haven asset, has always been favored by investors. Gold speculation can not only bring considerable returns to investors, but is also an effective means to avoid economic risks. However, how to operate steadily in market fluctuations and achieve stable returns is the key that every investor needs...
1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be...
this pair is going up inside a parallel channel trend is bullish until trend line breaks bearish if trend line breakout (breakout retest repeat)
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.
In the weekly frame on the S&P500 index, there is a pattern called three black crows and it is a bearish pattern that will lead to a downward move in the upcoming weeks. in July and August 2023, the same pattern happened and the market rebounded for two weeks then the downward move began to make the index retrace about 9% As we can see on the chart the index...