The us oil is heading towards 37.00 key level
Long term is at 95 dollar, because the shaved bar on monthly and and morning star formation with a pinbar between the 3 candles
What is your long term target ? react and share
When i see a spining top on a 4 hour or 2 hour and daily,it could go down. But not too fast, we'ree also having a big fundamental news at 15:45 and 16h.
So depending on best positive news you take up or down. Beautiful set up. In my opinion the dollar news could be stronger, because the dxy broke the weekly level.
Let's see what happens in a quater...
We're witnessing a painfull moment in America, because of the tragedic incident of George Floyd.
What could happen to the USD dollar ? Could it stand firm or lose it.
When I was drawing all the trendlines , fibonacci, seeing an insdie bar, left right shoulder inverse, indescison candlestick, bullish shaved bar to reach my target around 135.000, but all those...
Because the usdchf broke the zero FIB on a 2 hourly, it need to go back to the outer trend line (around 0.95700-0.95800)
And after i can retest back to the weekly level line (marked gray line) around 0.96200
After those ranges, it can go lower .
short is term is around 0.95000
Target is around long term 0.93000 long term
The DXY formed a hammer on daily bias (marked in purple) and is turning a spinning top on 4 hourly and 2 hourly.
That means that bears are lose selling volume and at he weekly level (i marked in grap line)
To go long , it need one more time to retest the weekly level to go around 98.80 (take profit), because it forms a bullish ABCD.
Set your stoploss under the...
The USD has alreadyy bottomed with a spinning top that means bears losing volume selling. It can go back to 1.39000 to retest and after to go lower.
set your stoploss under the longest spinning top to buy.
Have a nice trading week and enjoy this difficult analyse.
Share your thoughts and like
We're seeing that the last candlestick is sqeeuzing is the smallest of the last 3 and 4, that means we have a reverse
take your stoploss under the the last candlestick
Because we're seeing a fundamental news on NZD in an hour, i am negative to that.
Share your opinion and like thanks
As we're opening the market , it opened with a gap lower and broke the counter trend line to the downside.
The next scenario is if we closing the next 4 hour under the counter trend trend line, we could sell the US dollar till the purple support i marked (around 99.45)
Let's see what it could happen from that moment.
We're seeing three pro arguments:
Like I analysed th last 9k and the retest we will now go under 9k and looking forward to 8500$
Another argument is that some States are opening, so the the dollar might be strong against the Bitcoin
Do you agree on my simple analyse ?
Like and share your thoughts.
Have a nice trading week and Eid Mubarak to all the Muslim brothers and sisters
As we see a nice bearish AB=CD;Bitcoin might go lower.
If it breaks the last resistance today around 9300 on a daily frame, we could go back lower to 9000k and after retesting we could go back to 8500k.
Keep it simple.
What do you think ?
Like and give your thought.
Have a nice weekend.
As I looked for the corrective expanding trangle.
GBP looks very similar to that pattern
sell oppurtunity and 30 pips above.
commend and like what you think; don't be shy? :D
As you can see we're seeing a bearish AB=CD pattern
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Take profit around 99.45
Stoploss 100.65 (30 pips )
What do you think ?
Like and feel free what you think about this analyse
The dollar is stil strong because of phase one printing money and phase 2 printing money that probably comes soon.
In my opinion we broke the 0.5 % FIB first. after it went in consolidation because it was exhausted, now we're looking to hit 0.23 % FIB around 101.00, which is not that strong, so in my opinion we might go back to the weekly level above around...
What influence has someone with more than 10 milion followers on Twitter who asks about Bitcoin ?
Yes, i am talking about J.K. Rowling (the writer of Harry Potter).
see link: www.coindesk.com
As you can see the prices increases throught the weekend.
In my opinion if we break the...
Ethereum have seen the retracement of the 0.38% FIB, so in my opionons we will go higher to the next orange trendline(weekly) and black level (monthly resistance resistance.
Before we want to go higher in prince, we need to break the weekly resistance, but in my opinion you can use the NR4 methode on daily chart and as you can see there is no N4, so you need to...