With all those confluences i would say that the price is going to continue reversing to the purple area, witch seems to have accumulated orders if we look left been experimenting with wicks regions and seems to have worked out great.
So as you can see we expect NZDUSD to go long. We think it will go long because the markt is now in a strong weekly buy order zone. If you zoom in on the daily chart you can see we are now also in a strong buy order zone that is been filled right now.
It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a...
W forming at lows
Previous big bear push
watch out for the emas
We failed to make lower lows and have a nice rejection candle closing over the previous level, the emas might start to close in after the engulfing candle. If we break i see the price go to the marked level to watch it come down afterwards
Right now on the lower TF we have emas crosing over
We already tested the higher TF trend
Failed to make lower lows
2nd leg also failing to make lower lows
price at support
On this set up we are making a bigger W with the final leg of this one also a W, matches my criteria, failed to make lower lows, emas crosing over and we are at an important price zone
Even tho we are overall Bearish, i think that the momentum could have died.
On the first inner trendline we did form an M in fact, but just over we have the monthly level, thats why I choose to stay out, we previously formed a W after a huge bear push, but not just after a trendline
Right now the price is failing to make lower lows and respect the lower counter...
I'm a bit on the fence here
-after a big bear push now we formed indecision candle on the daily
-on the 4h we are forming a W at the Monthly 110.00
-on the 2h we have the emas already crossing over
-We failed to make lower lows
So given the confluences I think we should go up to at least the pink level, but given that it is still indecisive i might wait for some...
The price is currently sitting at a daily level
We are forming a W where we are making Higher Lows
The Emas are starting to cross over
Even tho we are not at the trendline, we still are forming this at some important price zone, the price has been struggling to push downwards. A riskier approach would be to just long this, with a stop past the previous wick,...
BitShares ( BTS ) is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. For instance, it can issue crypto-based assets, denominated by “bitAsset”, that track real-world markets like the USD. BitShares also has its own decentralized exchange. ( bitshares.org)
This being said, let's...
I think that any metal can become gold, but this is not a regular metal! MTL/BTC
This trading opportunity can generate a lot of profits for everyone!
- in the last few weeks, we can see a very big volume which is very strong reversal signal
- there is a W on a daily chart ( strong signal as well)
- there is also a triangle breakout ( that indicates we are going...
AS we can see on the 15m chart price been ranging in the green zone. I see a possibility of price going upwards. I see marketmakers create a stophunt do enduce sellers and then continue upwards. Also we have to look at the news base there is coming the forward looks positive so i think this will help to push price up.
After a long bearish trend chanal on AUDUSD we have reached now a area of
consolidation near the weekly suppurt.
We will see a breakout of the bearish trend if we got bearish fundamentels from the USA and good fundamentels from Australia.
So be patient a searching for a good entry on a smaller timeframe.
I will put my SL near 0,70000 and my first TP near 0,715...
Here is an update to my previous analysis.
XRP has been progressing through the consolidation zone and has finally dropped below the previous Daily chart level 1 marker, thus making this retracement significantly deep, as it has currently retraced almost 80% of the initial Level 3 move. In the last 24 hours, price has bounced off major support zone (flip zone)...