Market may be making some big moves, it is at a point where it usually bounces off the 200 EMA line on the 105 view. If market bounces off at usually spot, I am not convinced any bounce here will be significant to the upside due to channel formation that should eventually break to the downside in my opinion. Also a double top formation is another possible prep...
Market looks ready for more drop after retracement from first break out of channel last week. Chart for observational purposes, trade at your own risk.
Market looks like it may have broken channel to the bear side. There is always a chance market could break back up to form a double top before officially breaking down. Trade at your own risk.
TP 2 line not visible in chart, however it sits at 1.88723. Trade at your own risk, for guideline purposes only.
Spotted incoming short from an obvious channel. Trade at your own risk.
Market looks near ready for bull run, safer to wait for confirmation of MA line crossover. Still safe zone to buy in and HODL imo, or day trade market on leverage via bitmex & other platforms. Swing trade market on lower timeframes, e.g. 4 hour & look for breakout patterns. Idea for educational purposes, trade at your own risk. Example of Breakout Pattern;
Market to short following channel/pattern formation. This is a breakdown pattern so market will likely breakout downwards out of channel from the move down so one to watch closely. Chart is just an idea for educational purposes, trade at you own risk.
Market looks to be a buy once it breaks out of channel. For observation purposes only, trade at your own risk.
Someone brought this to my attention in oil chat and decided to have a look myself and you really do get to see so many tradeable scalping opportunities. Never bothered to look at oil this way before, but this is very insightful to me, thought I ought to share. If you are a pattern trader, then you really ought to start analyzing market this way in my...
If market breaks out of channel, we should see some down side. There may be one more leg up, which could serve to possibly form a double top. For observational purposes only, trade at your own risk...
Market appears to be moving in a horizontal channel for a while now and we are nearing the top of channel. Possible short set up coming up on this time frame. Will try to update upon sell confirmation. For observational purposes, trade at your own risk...
Are we going to see a break in channel to the downside yet? Market in consolidation mode on channel line, could lead to one more rally up or a break from channel. I am looking for a break downside as that is where the real profit is. Keeping a close eye on this one... For observational purposes, trade at your own risk...
Market looks to be near ready to break out of channel. Few possibilities on how this will occur. One to watch closely for a great sell opportunity. For observational purposes only, trade at your own risk...
Market may be setting up for a sell. For observational purposes, trade at your own risk...
Posted some days ago that palladium may be ready to drop. It is my opinion that we are indeed ready and a drop may have kicked in. For observational purposes, trade at your own risk... Check linked ideas for previous post on palladium.
Market may be near reversing trend in my opinion. Will keep an eye for when reversal has been confirmed & in action. May take some time, so patience is key here as we may still see more upside beforehand. Hence this is one market to watch closely for near future sell opportunity. For observational purposes only, trade at your own risk. Better view ...
For visual observation purposes only... In a long on apple since 155 region...
Observing market price action and lookout for possible trend change in the future. Not the easiest pair to read in my opinion, however other pairs can support analysis for this pair. No call direction implied here...