ShinForex1

ShinForex1

Daily timeframe We have broken the head and shoulder pattern and we estimate the downside will be the length of the head and we should wait for price to retrace at least to 31.8% or 50% fib level which come in confluence with the broken support which will act as resistance and trendline too. Follow and comment below for more break down analysis

ShinForex1

Weekly timeframe Price has massive rejection with wick on top so we could see price retrace to 31.8% fib as it broke the structure H4 Timeframe Price has broken the wedge to the downside and now the price has retraced to the 61.8% fib level and we see weakness on momentum to upside, so price is forming downward trend so we shall see a continuation to fill...

ShinForex1

Based on structure we see price breaking down of the wedge and retesting the trendline as resistance, we failed to continue high so I expect price to drop and pushing also Altcoin market lower!! Follow me for more crypto Updates

ShinForex1

We are seeing in Daily timeframe price action is still in overall uptrend ==> Price in H4 and H1 is retesting the support area and also price is forming a double bottom ==> Price action is now retraced after breaking the neckline of the double bottom which give it a nice risk to reward setup for a continuation based on the range of the double bottom...

ShinForex1

We are seeing aggressive buying power as market structure is still maintaining to upside ==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone ==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a...

ShinForex1

Nice head and shoulder formation in H4 timeframe, ==> price has retraced to retest the previous resistance as support, ==> Also price is respecting the 38.2% fib level so we could see a massive move to upside ==> nice risk to reward setup

ShinForex1

Based on the trend, we seeing a transition to upward trend , basically key point to note is price action trend to be in slow waves when it respect the 61.8% fib level so we shall see another leg up to our target Follow me for more break down

ShinForex1

Simply market structure has changed , price respecting fib level. Nice risk to reward follow me for more updates

ShinForex1

Price is facing huge resistance and liquidity short. so we see a nice break of structure and now price is respecting the 38.2% fib level so nice short FOLLOW ME FOR MORE BREAKDOWN

ShinForex1

So basically we can see price action is on downward trend from weekly to daily timeframe, --> its respecting the upper bound of the channel and midlevel of the resistance liquidity level, --> Price broke out of the Neckline of double top of the respected Fib level we could see a continuation to downside Follow me for more updates

ShinForex1

As a potential setup we could see price continue to the upside if the price break out of the consolidation level. with a nice candlestick formation Follow me for more update

ShinForex1

Self explanatory --> Price action Trending upward HH and HL --> Price respecting the fib level of 50% and nice rejection and as it broke out of the minor consolidation we see a nice engulfing candle indicating momentum to upside. Follow for more setup!!

ShinForex1

As i explained in my previous video i dont see where this move to the upside is in confluence with the volume of transaction , low volume mean price is just trying to find a liquidation level and now i think it has respected the POC level of 29K and now price facing huge resistance and we could see price move to 21K level Thank you and please dont forget to...

ShinForex1

We are seeing an appreciation of price action to upside as price continue in upward trend ---> Price action is upward trend and respecting 38.2% fib level and nice gap to the respected support for a nice fill of gap and nice momentum to upside Follow for more update

ShinForex1

we clearly see price is heading to the downside, price action respecting the daily timeframe and fib level of 50% and as we mark down in lower timeframe we clearly see price is respecting the resistance and nice momentum to downside Nice risk to reward Follow me more update

ShinForex1

So we clearly see on daily timeframe price is facing huge rejection on the fib level and now breaking the countertrend line and now waiting for break of neckline and slight retracement before continuing to our target Follow me for more update

02:27

ShinForex1

Check the video to get understanding on my view on Gold this week Follow and comment below for other breakdowns

01:49

ShinForex1

Check the video to get understanding on my view on us30 this week Follow and comment below for other breakdowns