4 Hour Chart Explanation: - Price broke the Weekly Ascending Trendline. - Price is on a Descending Channel. - Price bounced on the Bottom of the Channel. - Bullish Divergence on MACD. Weekly Vision: Daily Vision:
Use this as a guide to develop your view: Main items we can see on the chart: a)The price is inside an ascending channel (main bullish structure) b)Inside the Channel, we can see a pennant pattern (continuation structures) c)After the pennant pattern was broken with an upward move, our "Long" view was confirmed d)Currently, we expect a continuation of the...
Daily Chart Explanation: We observe that price is facing the Support Zone. It is on a strong bearish trend, however, reaction is expected at this level. Keep in mind that this is not a trend change, just a retracement of the main trend. Weekly Chart:
Use this as a guide to develop your setup. Based on the Technical structures we can see on the chart, our main vision is Long for Gold because: -Price above the cloned channel -Pennant Pattern (Continuation structure) -Our Setup for a bullish trade will be set IF the price breaks above the pennant pattern and then makes a corrective movement. We will place our...
Use this as a guide to develop your setup. Main Items we can see on the Daily Chart: a)The price is inside a Falling Wedge (Macro Structure / Bullish). b)Inside the Falling Wedge, the price found Support on an ascending trendline after breaking a secondary channel with a bullish movement. c)Currently, we can see a Flag Pattern inside the Wedge. d)Flag...
Weekly Chart Explanation: - Price was on a Descending Channel since April 18'. - Price bounced on the Support Zone and broke it. - Bullish Divergence on MACD. - Price is on a Corrective Structure before starting its up move. - If price breaks it, there is potential to move up towards the Resistances Zones. Updates coming soon!
4H CHART EXPLANATION: We observe that price is bouncing at the Support Zone that has been tested multiple times. If the Descending Trendline is broken, we wil consider it as the bullish confirmation and there will look for long setups. DAILY CHART EXPLANATION:
Use this as a guide to develop your setup: Main items we can see on the Daily Chart: a)The price is inside an ascending channel since 2017 b)Inside the channel, we can see a clear Support Resistance Zone and how the price respected several times c)Currently, the price is above the support zone with a Pennant formation. d)Pennant Patterns are considered...
4H Chart Explanation: - Price broke the Descending Trendline that started the up move. - Pullback on the Support Zone . - Now, it has potential to continue its up move towards the Fibo Levels. Weekly Analysis: Daily Analysis: Updates coming soon!
Use this as a guide to develop your setup Main items on the 4hs Chart: a) The price is inside an ascending channel b)Currently, it is against the upper trendline of the channel + Resistance zone (Potential area for reversals) c)We can see a corrective Structure outside the ascending trendline (white line) d)IF the Corrective Structure is broken with a bearish...
Daily Chart Explanation: This pair has been on a bearish trend for the last two years, and recently has found a support zone at 0.6700. It has been moving sideways since then, but now it is about to face the Descending Trendline again. We expect a bounce there and a potential retest of the Support zone, and, if the support zone is broken, then there is potential...
Daily Chart Explanation: - Price was on an Ascending Wedge since 2007. - Price broke it. - Now, it has potential to move down towards the Support Zone. - We are looking for sell setups on lower timeframes. Weekly Vision: 4h Vision: Updates coming soon!
4H CHART EXPLANATION: Price has broke the Daily Ascending Channel, and now we are waiting for a retest of the Resistance Zone and then a rejection to confirm the direction. After that, will look for a lower timeframe setup to get involved on this pair. DAILY CHART ANALYSIS:
Our Long term View on ETHEREUM is LONG (after the breakout above the wedge pattern) Our Short Term View on ETHEREUM is Short (inside the Wedge Pattern) Main items we can see on the Daily chart: a)The price is inside a substantial Falling Wedge Pattern ( Yellow lines ) this is considered a corrective structure before a new motive wave coming (bullish view) b)If...
Daily Chart Explanation: - Price was on an Ascending Channel and broke it. - Now, it is developing a Bearish Corrective Structure. - If price breaks it, it has potential to move down towards the Middle Support Zone first and, then, continue towards the Primary Support Zone . Weekly Vision: 4H Vision: Updates coming soon!
Use this as a guide to develop your view: Main items we can observe on the 4HS chart: a)Price has broken the primary structure (yellow lines) with a bearish movement b)The price found support on the 2.20 level c)We Expect an ABC formation with a pullback to the broken structure d)If the ABC formation happens, we forecast a continuation of the bearish movement...
4H CHART EXPLANATION: Price broke the Ascending Trendline and it has been consolidating on an horizontal channel. Last week, it bounced on a Major Resistance Zone and showed a strong rejection. We are waiting for a break of the Support Zone to take short positions. DAILY CHART EXPLANATION:
4H Chart Explanation: - Price broke the Ascending Trendline. - Price is above the Support Zone. - Price is developing a Correction. - If price breaks the Correction and the Support Zone, it has potential to continue its down move towards the Support Zone. Weekly Vision: Daily Vision: Updates coming soon!