FxPipMaster_TebohoMatla

FxPipMaster_TebohoMatla

Good evening Investors and traders, coinbase has formed a reveral pattern (double bottom) on the support level this is a straight forward double bottom formation. Use the Fibo levels as exits points Risk wisely!!

FxPipMaster_TebohoMatla

Good day traders, a friend of mine asked me to do some analysis on ETHUSD, and this is what I came out with, firstly I looked for any chart patterns which lead me to that bearish flag and this pattern is a continuation pattern. The market respected the pattern and retracted below till price reacted the next important level. Secondly we can clearly see that price...

FxPipMaster_TebohoMatla

This pair has been trading above the support with all the attempts to break the support failing since December 2020, this time the break below might be strong considering that on the daily chart we have a bearish divergence between price and RSI which is an indication that buyers are losing control to sellers, for confirmation wait for price to break below the red...

FxPipMaster_TebohoMatla

Looking at the chart we can see that this pair has been in a range(choppy) reason been we can see the market has been closing with doji candles showing indecision but since price broke below the trendline we can see that the sellers are now in control with RSI dropping below the 70 level(overbought). Risk wisely!!

FxPipMaster_TebohoMatla

Good day traders, here we can see that price has broken the trendline before but appeared that the breakout was not as strong but now that breakout candle showed strength and that the buyers have taken control we can look for only buying signals next week. Have a productive week and remember to always risk wisely!!

FxPipMaster_TebohoMatla

EurJpy produced a beautiful example of a bull trap with price testing the already broken trendline which turned from support to resistance.

FxPipMaster_TebohoMatla

Classic break and retest pattern. Risk wisely!!

FxPipMaster_TebohoMatla

Lol this is what happens when you spend too much time looking at charts you end up seeing things, do you think that price might complete the Cat face? well early on today I posted an idea on this pair since then price has broken below the trendline.

FxPipMaster_TebohoMatla

Price has broken above the daily resistance, and here on the hourly chart we can clearly see that price has been respecting the trendline and if price still does not break below the trendline before the NY session than the bullish bias will hold. Remember to always risk wisely!!

FxPipMaster_TebohoMatla

In this tutorial we can see that EURUSD has formed a bullish flag which is popularly known as a continuation pattern, on the side I have drawn the bullish flag and how to trade a flag. Remember to risk wisely!!

FxPipMaster_TebohoMatla

Here we have a clear double top formation and the market ranging also forming what we call the accumulation area where we can predict that if the price breaks the support that has pushed price up a couple of times than we will be in a distribution face in this case the distribution will be on the downside. Remember to always risk wisely!!

FxPipMaster_TebohoMatla

Its all on the chart!!!!

FxPipMaster_TebohoMatla

We have seen price get rejected by the 200 EMA on the hourly chart and the market closed below the 200 EMA, we have a trend line that price has touched a couple of times proving strength Wait for price to touch the trend line before taking action...remember risk wisely

FxPipMaster_TebohoMatla

Its not a trade idea but if you have pairs with USD in them in your wishlist, use this as an indicator of what to expect from the US dollor next week. Price closed below the trendline bearish sentiment is still intact.

FxPipMaster_TebohoMatla

We saw price break below the horizontal support during the Tokyo session but price is back above the support, I hope none was caught in that bear trap, we can simply start place our buy stops. Remember risk wisely

FxPipMaster_TebohoMatla

4h we have a 3 Bearish candle pattern confirming the selling pressure to the down side, fingers on the trigger. Remember risk wisely!!

FxPipMaster_TebohoMatla

We have a small triangle and we'll learned that most triangle shapes are continuous patterns, wait for price to break out of the rising trend line to short. Remember risk wisely

FxPipMaster_TebohoMatla

Price and Oscillator has created a divergence indicating a bearish divergance, we can also see that price is trending below the trend line showing a bearish sentiment on (1H, 4H and 1D) charts. Remember to risk wisely