The the chart we can see a clear reversal pattern (Double Top) formed, and also a break through the up trend support that has held for days.
We see that Price is about testing the 0.66177 horizontal support, at this level, I'm expecting a little rejection to the upside before finally breaking breaking through the horizontal support to the downside.
We can make...
Price could make lower plunges before it does a liquidity hunt. it should at least go up again to purge the sell-side liquidity and then proceed with the original journey. This is known as AMD, Accumulation, Manipulation, Distribution.
BTCUSDT, If it dips, it dips. Correction Plan
Depends on the that 4h candle dated on 14-Sept.
If dumped and dip to ~10.5k,
Plan B would occur to return new higher high at the Gravitational Line
If keeping and not dip below ~10.7k
Plan A to return to new higher high at the upper band of Up Channel.
In a 4h chart, this particular candle is worth estimated $340....
Here on the USDCAD, price has been flowing in a strong bearish trend currently but recently has been attempting to push to a bullish outbreak. Price is failing to reach higher Hi's and has been rejected multiple times within the major zone of resistance @1.3236-1.32578. on the daily time frame we can also see an amassed amount of long wicks showing a loss of...
Aston martin has experienced a hell of a crash from IPO, but you cant ignore the bullish potential here in my opinion. price has been in a squeezing formation since corona panic selling. the recent handle of the cup and handle acts as pullback after trendline breakout. price has maintained price at 55p and had 1.3m volume at Friday 4.25, 5 mins before close. a...
Hargreaves Lansdowne appears to be forming a descending triangle with the last top around 7 August 2020.
As we approach the Interim Management statement on 8 October, I've got a short positioned at 1510 down to 1430 GBX target
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 29th...
Good Morning Traders! I have GBPUSD today going to the London High at 1.29301 - 1.29372. Looking for it to re-price back down to the 1.28230 range before taking a Long position. Let me know what you guys think and Happy Trading!
We can see price is now in an uptrend on the 4hour chart as we broke out of this descending trendline very impulsively to create a higher, we are now in an area of interest and looking to confirm this higher low. Longs do look good from here as we have a few confluences which include, 50 fib level, structure level and 50EMA all acting as support. Price also looks...
. There is a possibility of temporary retracement to suggested support line (0.906). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. EURGBP is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
Long from my green support zone that's marked on the chart.
A nice simple setup with not much explanation needed at all.
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Some have asked me about my rather different methodology. This 15 min chart of Gold which isn't my favourite, shows it all. No secrets. No fees. No signups. No signals. No obligations! 😃👍 The position setup shown looks back only to show how it works. There are 5 points at which this trend could have been shorted. If you're a day trader, you might have lost some...
This indicator shows the relative strength of the majors and crosses compared to each other. So, if you are taking a EURUSD long, are you taking it because the Euro is strong or the USD is weak or both? How do you know? This indicator will show you how strong a current is compared to the other majors and crosses. So in the EURUSD example, you will know how strong...
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security.
What is Volume?
The volume represents all the...
The purpose of this experimental Indicator is to help identifying Institutional Order Blocks.
Often these Order Blocks can be observed at the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again. Therefore these are interesting levels to place limit orders (Buy Orders for...
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...