luismialcega

luismialcega

As you can see there is a double top. Price should fall because it has broken an up trend line and its just at the support of the double top. So, if price break the support go short to the next support watching if theres a bounce before it gets to the target. Big gain 1.7%

luismialcega

price are finishing the last shoulder of a bullish H&S pattern, also price has broken a bearish trend line as you can see in the chart. So, i think that if price finish the shoulder, the most possible thing is a long trade to the first resistance and then if price break continue to the second.

luismialcega

Price is testing a bearish trend inside of a bearish channel. As you can see theres a support that have been already tested. If price does not break the bearish trend in the next days it should fall breaking the support going direct to the next support, and probably continues to the next one. What do you guys think?

luismialcega

the spy if making a triangule. we have to keep looking through days to see if price break the support of the triangule or the resistance. I think is going up because is the market and EMA (200per) is acting as support in the 4h chart as you can see. Anyways, up or down its going to be a good gain. what do you think guys?

luismialcega

theres a bearish wedge. price should fall to the 038 fib level. and it might continue falling to the 068 fib.

luismialcega

Price is just in an area of resistance very important. It might start a bullish trend, but if price bounces in the green resistance, price should go to the 0.38 fibonacci level. Lets see if the pattern end well.

luismialcega

Price is at the resistance of a bullish wedge. there is no signals of a break of the resistance, so if price dont break, there is a possible trade going short to the support area. 601bps of gain. i will post a new analysis for go long at the support and a possible break of the resistance for go long again with a bullish wedge pattern.

luismialcega

Now the price is at the resistance area. we got a bearish candle pattern. So, price may hit the 0.23 fib level, and then if price break the fib level and the support trend line it might hit the 0.38fib level and make the double top giving an opportunity to go short. Anyways, you can go short now while price go to 0.23 fib level, and then you can see if price still...

luismialcega

Bearish Chanel. if it break up go long if it break down go short