D1 - Dark cloud candle pattern, bearish divergence. H4 - Price has broken below the big and small uptrend line, bearish divergence. H1 - Bearish trend pattern, expecting further continuation lower after retraces. Invalidation - This bearish view is valid until the price holds below the 61.8% (39.17) fibonacci retracement zone. If the price moves higher, breaks...
D1 - We had a triple wave to the upside, bearish divergence. Price bounced from the key resistance zone formed by the 261.8% (1.08610) fibonacci expansion level of the first wave and the 61.8% (1.09576) fibonacci expansion level of the second wave. Expecting correction to happen now. H4 - Bearish trend pattern, expecting further continuation lower after retraces.
H4 - The price which is moving higher has created a triple wave to the upside. While measuring this triple wave using the fibonacci expansion tool, the 61.8% fibonacci expansion level of the first wave at 41.04, the 61.8% fibonacci expansion level at 37.17, and the 100% fibonacci expansion level at 41.25 of the second wave coincide on the same zone with the...
H4 - The price which is moving inside a range has currently bounced from the bottom of it. Bullish divergence. H1 - Bullish divergence, the price which is moving higher has currently broken above the most recent downtrend line. Currently, it looks like a correction is happening, we may expect further continuation higher after correction.
D1 - We have a key resistance zone that has formed and the price still has room higher towards this zone. We have strong bullish momentum. There is no sign that shows the trend is over. We may expect further continuation higher towards this key resistance zone.
H4 - Price has broken above the downtrend line and has also created higher highs. There are no signs that show the trend is over. H1 - Price has created a bullish trend pattern. We have a key support zone that has formed by the 38.2% (1724.29) - 50% (1718.13) fibonacci retracement zones of this bullish trend pattern. Until this key support zone holds my view...
D1 - Bearish trend pattern followed by potential double wave correction. Price still has room higher towards the key resistance zone formed by the 61.8% (67.738) fibonacci expansion level of the first wave. H4 - The price which was moving inside a range has currently broken above it. Also while measuring the first wave we have, the 61.8% (67.258) fibonacci...
H4 - Price is holding below the negative cloud based on the Ichimoku Cloud indicator. Also, the price respected the Daily S1 level based on the Pivot Points indicator. H1 - Price tested the negative cloud and is holding below it. Until the price holds below this cloud we may expect bearish continuation.
H4 - Price is moving inside a range and is respecting it so far. Price is maintaining the lower highs and is currently breaking below the low at 0.96642 level. H1 - We had the first leg in the form of a bearish trend pattern followed by double wave correction and the breakout of the most recent uptrend line. We may now expect further continuation lower towards...
H4 - Price has created triple wave to the upside. Bearish divergence. Until the key resistance zone shown in the chart holds my short term view remains bearish here. A valid breakout below the uptrend line shown in the chart would validate this short term bearish view.
D1 - We have strong bearish momentum, the price has broken below the uptrend line and is holding below it. Expecting new low to be created. H4 - There are two possible scenarios here: 1. The price might continue lower directly from the current zone. 2. Or alternatively, the price might continue lower after small retraces. This or the other way around my view...
D1- Price has created a triple wave to the upside. The price which was moving higher respected the key resistance zone formed by the 9500 psychological level, the 161.8% (9565.6) fibonacci expansion level of the first wave, and the 61.8% (9336.5) fibonacci expansion level of the second wave and is currently moving lower. We had a bearish divergence and an...
D1 - Price is holding below the psychological level 320, continuing bearish divergence. Price is moving on the upper band of the Bollinger Bands for more than 20 candles. Note: If you want to learn in detail about Bollinger Bands then check out my blog and youtube channel. H4 - Triple wave to the upside, the price has reached the key resistance zone formed by...
H4 - Price respected the key support zone formed by the 106 psychological zone, alternative trend line, and the 61.8% (106.371) fibonacci expansion level of the first wave we have. We also had a false break of the alternative trend line and the last low, bullish divergence. The price has also broken above the downtrend line and has created higher highs. H1 -...
W1 - Price respected the key support zone formed by the 61.8% (3479.49) fibonacci expansion level of the first wave and the uptrend line and is currently moving higher. Bullish divergence. D1 - Extreme bullish divergence on the MACD indicator and there are no bearish signs. H4 - Bullish trend pattern followed by the breakout of the triangle pattern, we may now...
H4 - Triple cycle to the upside completed, price respected the key resistance zone and is moving lower. Bearish divergence, the price has broken below the uptrend line. Price still has room lower towards the key support zone formed by the 38.2% (10010) - 50% (9621.1) fibonacci retracement zones of the triple cycle. H1 - Price is currently moving inside a...
D1 - We have a bearish hidden divergence followed by a potential continuing divergence. H4 - Bollinger Bands 20 candles ride, bearish divergence. We have a key resistance zone that has formed by the fibonacci expansion levels of the cycles we have. Until this key resistance zone shown in the chart holds, we may expect short term retraces.
D1 - Price has reached an important resistance zone, we have a hidden bearish divergence followed by potential continuing divergence. H4 - We have two key resistance zones that have formed based on the fibonacci expansion levels of the cycles we have. Price has reached the first key resistance zone, bearish divergence. H1 - The swing on the H1 chart is...