GJ has been rallying major steam for the bulls. I predict movements upwards towards a strong Weekly Key Level after the breakout of the top boundary in the 4HR Channel. Every time a reversal has occurred, its been very easy to read in this channel. I drew 2 possible scenarios for GJs upcoming price movements. For scenario 1 I see price going for a retest of...
Good Morning! Gold has been trading inside a Triangle for the last Day and 1/2. I've identified it to be an Ascending Triangle. If valid, price will move towards the Triangles local resistance. Then create new highs until it reaches a major Resistance zone. (1903.75 - 1906.75) The actual trade will only be activated after it reaches the order execution level....
Analyzing GJ I spotted a few things one being that there is an inverted 3 pin formation on the weekly timeframe. Also clear as day there is a inverted head and shoulder formed as well on the daily timeframe which I don't feel like it got it's justice YET, with that being said I see the bulls coming in and taking over. Price is in a very tough spot at the moment...
Analyzing GA from the daily I noticed price is in a key-zone. Dropping down into the 2hr timeframe allowed me to confirm my decision on direction. Price is now at a pivot point gearing up for the bulls. To add to the key zone I marked off I have a median within the key zone which price has already tested, and failed to break on the last candlestick which is also...
GBPJPY will decline for a brief amount of time. I don't think it will continue its overall downtrend just yet because price has yet to completely retrace on the Daily Time-Frame. I drew up 3 possible scenarios that could happen. I definitely see price moving into the 135.70s zone. I didn't actually take a trade, I just wanted you to see my take on GJ for now. ...
I analyzed GBPJPY from the Daily Time-frame. I noticed a pattern was being formed, which indicated Bearish longer term movements. I predict that before those movements occur, price will pullback into my marked gravitation zone. Which isn't far from the key 61% Fibonacci Level. Price is also currently testing a Daily Pivot Point Level. With two failed attempts...
Leave A Like If You Agree, Must Appreciated! There is an Inverted head and shoulder formed on daily time-frame in a key zone price has pulled away form various of times i'm expecting more bullish movement, price will at least reach the 61% on the Fibonacci. On the left chart I have my entry placed at 137.195 and a t/p at 138.300 which is a nice 100+ pip move,...
XRP has been consolidating between key levels @0.2350 & 0.2315. It recently tested the 1H median & failed all three times. It is currently at that same level retesting for a fourth time. Price may break above the Weekly Median and close. If it does, I will long to next psychological zone. Around 0.2370, which is also the level of a Daily Pivot Point. ...
Bitcoin is less than 24hours away from its Weekly close. I will provide a fresh Analysis upon the start of a new week. As of now, BTC is trapped between two key boundaries. (10650.00, & !0450.00) This sideways movement is accompanied by consolidation that lasted for 2 days. I predict two possible scenarios, one is indicated on the chart in a Blue Path Arrow. ...
Price closed under the sar on the daily and never went under, so i'm expecting a pull back eventually. Price is now in a key zone, an either two things will happen from here a big move up into my zone above, or a big move down into my zone below, either way i'll be happy. Let me know what you guys think, if you agree leave a LIKE!
Goodmorning traders!! GA is looking to go either way right now, its sitting at a key zone right now, and on the 4hr price is about to close under my parabolic sar which means price is gonna eventually close under the current candlestick on the 4hr. Overall for me I see more bearish indication than bullish, I feel eventually price will pull back and retest to the...
Good Morning Traders!! Mr. Pipzz here with LOBFX!! We had a great week of trading, & we hope you did too. I've been analyzing & trading GBPJPY all week. So, here is my analysis for Friday. An Ascending Triangle pattern has formed on the 30m Time-frame. Price has currently broken to the downside of the Triangle Pattern. I expect analysis validation after a...
GA is looking very bullish! Once price breaks out it'll go to the key zone I have on the chart for a nice sizeable move. There is a psychological level at 1.77770, once price breaks through, AND closes I'll have a buy stop order at 1.77790 and i'm gonna hold it to 1.79000.
Bitcoin is in a key area where price has pulled back from multiple times, waiting for a little more pull back to happen before the bulls come in to play. I've noticed that at the end of almost every month, or even beginning of the month Bitcoin makes a huge move, its getting close to that time of the month again so i'm expecting price to shoot back to 12k soon...
Goodmorning Traders! Price has broke out of consolidation and hit my median line and is now deciding which way it wants to go. Price is in a key zone that it has pulled away from several times in the past, the market doesn't like this area nor the one above or below the one it is currently in now. In the zones I have, price has always either consolidated then...
I made an analysis before this post **which if you haven't seen it you should go check it out!!** option 1 is what is unfolding right now. I've already entered a sell @137.960, and here is my t/p area which once price gets there I expect 2 things.. 1.) Price will bounce of my median line *Which is insanely accurate and useful* and rise 2.) Price will break...
Spotted a inverted head and shoulder, possible blade runner as well to make it a double confirmation for me. There is another resistance level that price has to break through at 136.000 once price breaks it I say BUY! Let me know what you guys think.
Whats up traders, One of two things will happen, one being price will reach the bottom of my box, and rise again, continuing consolidation. Two price will fall below the red box and keep falling into the blue box. Let me know what you think is about to happen next!