ThinkingAntsOk

ThinkingAntsOk

Main items we can see on the 4HS chart a) The price broke the 3000 levels, and after that, we saw a correction on the zone b) Currently, the price has made a new higher high that confirms us that a new impulse is coming c) Our Target for the coming movement is the last resistance the price has before the Historical Higher High. d) We expect a movement...

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🔸 4H CHART EXPLANATION: . . 🔸 Price bounced at the Weekly Ascending Trendline. . 🔸 At this moment, it is facing the Descending Trendline. . 🔸 If price breaks to the upside, it has potential to reach the Resistance Zone. . 🔸 Will look for a lower timeframe Bullish Setup. 🔸 DAILY CHART ANALYSIS:

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🔸 DAILY CHART EXPLANATION: . . 🔸 Price broke the Resistance Zone after consolidating for a few weeks. . 🔸 We consider it has potential to make a strong upside move towards the Descending Trendline. . 🔸 However, we may see a corrective move looking for a pullback to the broken zone in the short term. . 🔸 Will look for a lower timeframe Bullish Setup. 🔸 WEEKLY...

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Main items we can see on the chart: a) The price is on a major Support Zone after making a bearish trap there b) We observed a descending channel (yellow lines) that has been supported on the mentioned zone c) Currently, the yellow channel is broken, and we have a correction above it (purple lines) d) Based on this scenario if the price breaks above 1.21...

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Main items we can see on the chart: a) The price made a reversal movement after reaching a major support zone (check the daily chart) b) Currently, the price is facing a descending trendline, after two clear impulses and two clear corrections c) Based on that we will expect a correction similar to the two previous ones (purple lines) on the current...

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🔸 4H CHART EXPLANATION: . . 🔸 Price broke the Ascending Trendline of the Corrective move. . 🔸 At this moment, it is looking for a pullback. . 🔸 We consider this pair has bearish potential towards the lower timeframe of the Descending Channel. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:

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🔸 DAILY CHART EXPLANATION: . 🔸 Price is on a clear uptrend. . 🔸 However, we observe that the actual trend is a corrective move of the previous downside move. . 🔸 At this moment price is facing the Resistance Zone, where we are waiting for a definition. . 🔸 Will look for a lower timeframe setup when the direction is clear. 🔸 4H CHART ANALYSIS:

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Main items we can see on the 8HS chart: a) The price is on the lower zone of the descending channel b) Also, the price is supported by a strong bullish Area (Massive Support zone) c) We can observe that an ABC Zig-Zag pattern has been broken and now the price is between the broken trendline and the next descending trendline d) Based on this we expect...

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Main items we can see on the chart: a) The price is above a well tested Support Resistance from both sides b) On the upper side, we can see 3 corrective structures that were formed c) This Corrective Structures respected the lower lows of the previous ones d) We can see an ascending channel and a bear trap before the breakout of the last structure e)...

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🔸 4H CHART EXPLANATION: . . 🔸 Price is moving on a range. . 🔸 At this moment, it is facing the Ascending Trendline of the consolidation. . 🔸 If it is broken, then it has potential to reach the Support Zone. . 🔸 Will look for a lower timeframe bearish setup once the direction is confirmed. 🔸 DAILY CHART ANALYSIS:

ThinkingAntsOk

Main items we can see on the chart: a) The price is on a major Support zone b) The price is on the process of breaking the descending trendline c) If that happens (Weekly candlestick closing above the descending trendline) That will be our first filter to know that a possible bullish movement is coming d) After that we will wait for a similar correction...

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Use this as a guide to develop your view of the situation. Main items we can see on the Weekly Chart: a) The price broke with a bullish movement a previous Resistance Zone b) Taking a look into the past, we can see a similar bullish movement than the current one c) Using it as something to copy, we will wait for a correction on the current area d) After...

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🔸 DAILY CHART EXPLANATION: . . 🔸 Price is on a strong Uptrend and now it is facing the Resistance Zone. . 🔸 In case price bounces, it can make a downside move towards the Support Zone, however, we will wait for a breakout of the Ascending Trendline first. . 🔸 And, in case price breaks the Resistance Zone, then the target of the movement will be the Descending...

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🔸 4H CHART EXPLANATION: . . 🔸 Price was facing the Resistance Zone and we were waiting for a definition. . 🔸 Now, we can see that price left some strong bearish rejections at the zone, and the Ascending Trendline of the movement has been broken. . 🔸 It has potential to make a downside move towards the Support Zone. . 🔸 Will look for a lower timeframe bearish...

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Main items we can see on the 4hs Chart: a) The price made an ABC pattern on the Edge of a descending trendline b) The ABC pattern was supported on a major Daily level c) Now that the price has broken the corrective ABC pattern we confirm the bullish movement d) Our Target for this coming motive wave is the descending trendline at 0.63 e) You can expect...

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Main items we can see on the 4hs chart: a) The price bounced with an upper movement from the lower trendline of the weekly descending channel b) Also, the price is above a Support zone that was broken with a bearish movement c) For the last few days the price was on a descending channel (yellow lines) making a throwback ( Test of a zone on a bullish trend)...

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Main items we can see on the Daily Chart: a) The price is inside a Daily Correction (Yellow lines) after a bullish movement (DEC 2018 - JUN 2019) b) On the Daily Correction we can see a Descending Trendline that has been broken c) Now we can see a corrective Structure on the formation (Flag Pattern) d) Our Forecast is a bullish movement towards the Higher...

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🔸 4H CHART EXPLANATION: . 🔸 Price has been consolidating, and has also broken the Descending Trendline. . 🔸 After the trendline breakout, it did a clear ABC corrective move, pullbacking to the Support Zone. . 🔸 A Head and Shoulders Pattern can be observed also. . 🔸 It has potential to reach the Resistance Zone. 🔸DAILY CHART ANALYSIS: