Still moving in big bear channel(Weekly Chart) Now moving below the $1734 resistance Spike and Channel Bull Trend Wait to see if bulls continue buying and break the resistance Or bulls give up and break below the bull channel
Entry: Bet that TR breakout fails, 3pushed Up so wedge top, Expecting bull trap, Possible HH MTR Stop Loss: Above recent major LH, Top of recent bear leg Target: Bottom of TR 75% partial exit at 2X Actual Risk, 25% stop loss
This my June 15 Live Trade on EURUSD M15 Chart: Bull Breakout, 2 Legs Upward At the end of 2nd Leg, Bull BOs and Bad Follow-Throughs When markets tries something many times and fails, then it will do the opposite 3 pushed up, wedge top possible bear trend Got entry with strong bear bar close near its low Stop Loss was above the top of bull leg 75% Partial Exit...
XAUUSD H4 Analysis: 3 pushes up, wedge bear flag HH Major Trend Reversal Bear BO of TR Lower prices expected, Targets are MM down and bottom of bear trend
Bitcoin Weekly Video Analysis: Moving in bear channel 2nd leg down of weekly, probably the end of bear trend Two important levels can be considered for the end of the second leg of Bitcoin movement: The first level is the ATH price of 2017 The next level is a MM down based on the leg1 height - the bottom of the descending channel
ETHUSDT H4 Analysis Update: Wedge Bottom formed: 75% chance of bull breakout 25% chance of bear breakout That 25% worked and bear breakout happened No matter if your analysis goes wrong, change your plan Strong Bear BO so 2nd leg down likely In this cases when wedge bottom forms and bear BO happens, next reversals will have much higher probability Watch the blue...
Bitcoin Weekly Analysis: Wedge Bottom, 75% chance of reversal up 60% chance of reversal up from bottom of range No buying pressure, probability of lower prices is more than reversal up As long as tight bear channel, we don't expect reversal up Measured moves down targets are marked up: 1)$24,350 2)$16,000
NZDUSD H4 Analysis: HH Major Trend Reversal Falling down to 50% PB level of bull leg Decision Point Possible Final Flag and Reversal Up Or Bear Trend Resumption
EURUSD H4 Analysis: Lower High Major Trend Reversal Trading range developed after MTR Reversal down from bear trendline Strong Bear Breakout(Leg) so Possible 2nd Leg Down Lower Prices Expected
ETHUSDT H4 Analysis: Moving near the bottom of daily trading range(Buy Zone) Wedge Bottom formed: 75% chance of bull breakout 25% chance of bear breakout Wait for bull breakout
XAUUSD H4 Analysis: Bull breakout of bear channel, making HLs so bull channel currently Trading range within bull channel Buy low sell high and scalp until clear breakout of TR Targets based on Measured Move is marked up with white lines
NZDUSD H4 Analysis: Moving within bull channel It's strong upward move in daily timeframe May 5 High got tested so possible double top bear flag Overlapping between recent bars, stairs pattern 3 pushes up so wedge top, 75% chance of bear breakout Strong bull trend so bulls may enter lower just above 50% pullback
EURUSD H4 Analysis: Still in Daily Bear Channel Strong bull leg, 2nd leg up likely Bulls want pullback to enter and reduce risk Bulls passed the middle line of bear channel Overshoot of bull channel, reversed down after 3 bars Bulls may enter lower 50% pullback + May 4 High may be tested by bears Final target for bulls can be bear trend line(Daily Channel) Always in long
EURUSD H4 Analysis: Still in Daily Bear Channel Bear Breakout of TR(Triangle) Can be final bear flag and final leg of bear trend Overshoot of bear channel line, 75% chance of reversal up Reversal up happened 11 May high got tested by bulls Strong bull leg, 2nd leg up likely Bulls want pullback to enter and reduce risk
Bitcoin Weekly Analysis: Huge weekly trading range(BLUE BOXES) 2 Legs down, Now at the bottom of trading range **Market movements usually happens with 2 legs: 2Legs down/2Legs up** Possible final flag near bottom of range $24,330 possible bears target(Measured Move) 60% chance of reversal up from bottom of range Bulls want strong signal bar to enter **80% of...
EURUSD H4 Analysis: Still in Daily Bear Channel Trading Range formed after Strong Sold Off TR more than 20 bars so market lose its sight Bear Breakout of TR(Triangle) Can be final bear flag and final leg of bear trend Overshoot of bear channel line, 75% chance of reversal up
EURUSD H4 Analysis: Still in Daily Bear Channel Trading Range formed after Strong Sold Off TR more than 20 bars so market lose its sight 50/50 chance of breakout in either sides Bull Breakout of Channel can push price higher to the bear trendline (Top of Bear Channel)
After falling down to bottom of daily bull channel(blue channel), BTCUSDT chart has formed a wedge bottom. Wedge bottom have 75% chance of bull breakout. Price fall down to bottom of this wedge yesterday and had overshooted. In such cases we expect this breakout and overshoot be failed after maximum 5 bars. So we can wait 5 days from now to see that price...