Hey! - Trendlines crossing area - Fibo golden ratio - Round number - Previous support becomes resistance Wait for a bearish candlestick pattern to get extra confirmation from 1H+ timeframes!! Do not forget to support my idea post by hitting the "LIKE button! Thank You! Have a nice day, Cheers! *This information is not a recommendation to buy or sell. It...
After the last update, the price hasn't shown any signs to either direction, especially the volume. Actually, if we look 1H chart, then the volume is just drifting around the lows, 5 days+ we haven't seen a single volume bounce. This will lead us into the world of probability which will tell us that soon something will happen but what, and where is the...
Hey, a short update because we may have a little bounce from the current level. Currently, the BTC price is on the curve support line which is pulled from the bottom at 15. December. It has touched it three times and now it is the fourth time to make a higher low point on the curve support line. There is even - a bit sloppy but still readable - bullish chart...
Hey! This year high is made and from there we got a rejection from: - The trendline since 2017 July (black line) - The round number 0.69000 - The previously worked resistances The rejection ended up with a bearish candlestick pattern called bearish Engulfing! Do not forget to support my idea post by hitting the "LIKE button! Thank You! Have a nice day,...
I would like to give a little overview of the current market situation. Currently, the BTC price drifts on the tiny range between the ascending channel trendlines. Yesterday and today, it has increased the value but the current problem is the altcoins. BTC has shown some pumps upwards but altcoins haven't reacted at all and today they are even mostly on the minus...
Hey! Currently, the EURUSD graph offers to us a bearish chart pattern called Rising Wedge. It is a continuation pattern and the latest trend is downwards. Sell is triggered after the breakout below the Rising Wedge bottom trendline and below the black trendline (pulled on higher timeframe). Perfect breakout would be a 15 min. candle and 1H candle close...
Hey! We have a pretty nice reversal candle on the Daily chart - bearish Railroad tracks: The candle has formed on the pretty strong area: 1. Fibo golden ratio 2. Oled resistances 3. Minor channel trendline should act as a resistance level 4. Round numbers Who wants to trade this then use tight stops because today is the NFP time and also CAD have some big...
Hey! In the last week, CHFJPY made a breakout from pretty strong resistance levels. Now, the price has made a little throwback and we should have a nice buy opportunity. Several price action criteria matching each other in this box and as usual, it would be safer if we see a reversal/bullish candlestick pattern around the blue area. Please, do not forget to...
Hey! USDCAD rally could possibly end in the blue box area, there are several price reversal criteria: 1. Old resistance 2. ABC equal waves 3. Round nr. 4. Fibo extension 5. Channel trendline 6. Slight RSI Divergence Yes, pretty impressive but still, you should wait for a bearish candlestick pattern formation to make this trade with higher success rate because...
Previous analysis scenarios have played out nicely - the price got a break below the counter-trendline and as expected, the price has slowly decreased the value. From a technical perspective, BTC price is still above the down trendlines and currently, it is on the major down trendline pulled from 29. November. It should act as pretty strong support and actually,...
Hey! On the Daily timeframe, we got Evening Star candlestick pattern and the bigger trend is downwards. Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Hey! Gold price approaching a pretty important trendline - pulled from 2011. It has a very strong breakthrough candle on 25. January and this is an indication that the price could get rejection after the touch. There are also other short-term price reversal criteria: 1. The trendline should act as a support level 2. Fibonacci 38% retracement level 3. Old support...
Hey! Strong rejection on the weekly timeframe from the important trendlines. Nice and powerful bearish candlestick pattern formed after rejection and on the smaller timeframes, we have structure change with lower highs and lower lows. Also, we have a breakout from bearish chart patterns double/triple top! Wait for a small pullback and the entry should be around...
BTC price has moved just a little bit higher than after my last BTC analysis where I expected that we may see a bounce from the strong crossing area. Actually, we got a small bounce but nothing significant yet. The strange thing happened yesterday, the price made a pretty scary move downwards but this attempt to press the price down has failed because looks like...
Hey! AUDJPY made a breakout from the continuation pattern Falling Wedge. It has made a retest and a possible bullish movement may continue! Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Hey! We have a breakout confirmation on the 1H timeframe from bearish chart pattern called Head and Shoulders. To get a better entry point then you should wait for neckline retest. Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not a recommendation to buy or...
Hey followers and other TradingView users! Blue box SELL criteria: - Trendlines should act as resistance levels - Previous support becomes resistance - Fibonacci golden ratio 62% - Daily EMA100 on the blue box should act as resistance - Semi-round nr. inside the box 111.500 Please, do not forget to support my idea post by hitting the "LIKE button! Thank You...
Hey! IF there comes a second chance, then sell GBPCHF on the orange line area inside the blue box! Blue area trade criteria: - Trendline - Previous resistance level - Fib retracement level - Fib extencion level Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not...