Examining the pound for 4 hours
At the end of last year, against the backdrop of the separation of Britain, a peak was formed (December 13), an impulse with a return.
Now a large triangle is clearly visible, approaching its corner. The triangle is almost equilateral with the same slope of each side. As history shows, we are waiting for the shot * (breakdown). try...
The first stage of the previous forecast worked (we broke up the resistance).
Immediately on the open interest, several divergences for sale appeared.
After the rollback to the area of 7450 -7500 I will look and look for purchase options. Most likely, a rebound from ROC, VAH, pinbar or reversal candle patterns.
Have a great holiday!
Watch BTC USD
- inverted figure head - shoulders
zone of "tension" 7700-8000 (imbalance boundary)
- the second signal to buy divergence on open interest Bitfinex
- an attempt to break the global trend down (inclined red line)
- to confirm the break of the bearish trend, it is necessary to go above the previous upper fractal and hold 7700
I will enter after a...
The main cryptocurrency has approached the New Year's border and is trying to stay above the imbalance zone.
New Year's week on the upper border of the imbalance is clearly visible by the divergence of buyers' attempts to start an uptrend. I note that the number and strength of buy sabers exceed sales sabers.
The forces of the bears slowly melt, the bulls align...
- 1 hour triangle
- On 1 d the upward movement and the transition to the triangle ended
- Rounding the global rising channel
- a bearish divergence formed at the end of last week
In the coming days, we expect a target of 108.6 - 108.4
- failed resistance test
- double top
- 1D bearish divergence down the USDJPY_Predict indicator
-consolidation, exit from consolidation down
- POC consolidation test (short signal)
- Now an attempt to go below the uptrend line. In the case of passage and consolidation below - target 1 - the upper bound of imbalance.
previous forecast worked out.
a rebound from the POC up (if it does not go down during the course of the day, this will be a confirmation)
global trend down
local trend up (there are 2 highs, 2 loys)
you can put a buy stop at 1466.0-1466.2 and wait for 1475
ion with bitcoin.
- The main trend is down.
- two big bearish divergences.
- unsuccessful test 7715 - lower limit of imbalance / resistance.
- a decrease in open interest (but OI still remains large and positive)
- rebound from the POC of the previous consolidation
6800 test failure (imbalance zone)
As a result - until a triangle / wedge 6800-7500 is formed
One of the few leading methods of forecasting.
In fact, divergence is a multidirectional movement of price and some indicator.
There are several important points.
For simplicity, I do not distinguish between divergence and convergence (convergence / divergence). Much more important is where to look. We are looking for diversions for sale in extremes of the chart...
GOLD - graphical analysis and predict
Trend down. Until the trend line is broken.
Fixation below the mirror level. Now a test of this level.
Resistance zone + POC consolidation. Not reached. Bearish divergence begins to form. We are waiting, watching.
Double bottom (setup up). The entry point to the purchase has already been missed (after crossing the yellow line...
Good day to all))
I want to share with you my view on crude oil.
Short divergences ended with a support test (trend line). Bullish divergences formed immediately.
The forecast for several days is up to the target zone (in the picture).
The indicator is written based on
We look what the future is preparing for us.
The global trend is down, we have not left a long descending channel. A rebound from the upper boundary of the channel.
Inverted head- shoulders
Bear divergence on open interest.
Waiting for a consolidation test. preliminary target is an emerging uptrend. Only after that it will be clear whether the buyers have enough...
frequently occurring figure DRAGON
How is she interesting?
Dragons come in 2 types - just a dragon, and a male dragon. The latter is characterized by an evil character and often feeds on broken bulls (after the 2nd leg it often turns out that this is not a leg, but a sign of an evil dragon))) Whoever did not hide behind his feet is not to blame for the dragon.
At the request of subscribers, a brief graphical analysis of ETH
Global trend down
After the bearish divergence (it worked perfectly), the price broke through the support and went into the imbalance zone. The upper limit of the imbalance is confirmed by the volumes
The result was a mirror level (a clear signal down - buyers are weak,...