Btc forms head and shoulders pattern before making the correction above the neckline. We haave a break of neckline, price pulled back to retest. We can see a very strong weekly close bearish candle. This is indicating bearish pressure to the downside.
Hello traders, hope you r doing great. Price has broken above a very strong descending trendline on daily timeframe, and we can see the pull back which we just retested. Look for buying opportunities on lower time frame.
Price has broke out from a very strong accumulation phase ( consolidation), and as well broken a very strong descending trendline, we can price pulling back and retesting area currently. We have marked our demand zone, our area of point of interest (POI)/ H4 OB. from the institutional prospective short are been closed why longs are added, they shifted from...
GU has been distributing to the upper side, as we can clearly see. Now we have a shift in momentum to was the down side, price want to grab Liquidity below in other to push the market higher. Look for entries on the H4 OB / trendlinel
Price is pushing to less liquidity side. Where will could find alot of sellers, the bull activities is over as the smart money won't be able to push up further, the activities of the big players are stepping in to sell, and push the market back to the down side, fib retracement is arround 61.8 extension. Look for selling opportunities. Pls like and comment.
4h time frame we have what we can classify as a double top continuation back to the down side, or over extended market continuation back to the down side, 4H time frame, strong bearish 4h candle close with potential wick, 15mins time frame potential lower high, look for selling opportunities. Pls like and comment.
For a long period of time the structure of the market is clear to the upside, we can identify HH, HL. Now our view has changed to high, LL, LH, now we have a shift in momentum really strong. Wait for for 50% retracement around 1.38273, and then look for good selling opportunities on the lower Time frame. Pls like and comment
Price has broken a very strong area in the market, now resistance turn support, we have a very strong push to the upside, indicating bullish pressure. We now have a 30% pull back with 8hrs candle close wick rejection. This is indicating the bulls are still in the market, look for potential buying opportunities.
Price violate the the trend line resistance, formed highs and lows, price tends to go lower but we have a strong bullish pressure back to the upside, we can see the rejection indicating attempt to break below, but we have a strong depletion by the bulls, indicating bullish pressure, look for buying opportunities.
We can clearly see for a long time that the Directional bias of the market is bearish. Trend line resistance violated and key level broken. Price is facing bulish, we have push phase and pull back into structure, price has form a double bottom of the previous higher low in 4h Time frame. We r looking to buy only. Moreover our Directional confluence on GBP is...
Direction of the market, clearly to the down side, selling pressure, lower high formation, making new lower low 4h timeframe, 1h time frame double top of the privious lower high. Going short is best option.
