Evening All, its been some time, but I'm glad to be back the trade we can see was one I caught later on, I'm assuming some may have got in a lot earlier. so for me Price came into an area of strong interest as well, as highs we haven't seen since around 2018, I'm seeing some overall bullish Euro, with a short term sell off to come in the future.
Price is currently sitting at strong support from the weekly, Nice pin bar candlestick and also divergence on the 1hr. Looking for price to hit the trend line.
Price is currently testing the high with the opening of the asian session. There has been a hanging man candlestick formed. I will be going short here. Very SIMPLE.
UPWARD TREND FOR THE MOMENT, AN INCREASE IS EXPECTED IN THE FOLLOWING HOURS, WHICH ACCORDING TO THE ANALYSIS WILL LAST ONE DAY AND 3 HOURS, AFTER THAT WE WILL HAVE TO WAIT FOR A CORRECTION AND OBSERVE IF THE ROOF ROOF TREND LINE MARKED IN THE CIRCLE IS BREAKED , IF THE ROOF TREND LINE IS EXCEEDED, THEN IT IS VERY SAFE TO KEEP BUYING UP.
this is nifty 1H TF view for tomorrow 26/10/2020 , pls share your view also in comment. #NIFTY
1hr chart, new IEO. See chart for concept. Not advice. Good luck.
This Bullish pennant is higher time frame view of the 15 min Bullish pennant forming. Setting up for long positions during London session
Despite the explosion towards the upside, I'm expecting the SUPPLY ZONE to hold and send price down. The RSI has reached another level of being overbought.
Following on from the previous impulse move tot he downside where GBPJPY extended to the -0.272 Fibonacci level, we are now seeing a retracement. Watching the 0.5 Level of the latest impulsive move down, along with the red parallel channel formed from the April 30th highs. Will wait for confirmation on 1 hour timeframe before entering. Price has already moved...
if it confirms the initial target is 9374...which coudl be enough to trigger a breakout from the entire 1 day chart bull pennant which would then have a breakout target of 10.5k No full confirmation yet but probability is definitely favoring the breakout of at least the 1hr chart pattern
has formed and the hourly chart is clearly on an uptred, showing signs of recovery. quite afew shooting stars are forming so be careful
Bitcoin in 1 hour time frame seems to be correct You can get ready for the position It can be entered by observing the limit Be healthy and successful
The second-class status of the cryptocurrency market shows this simulation in my opinion. We need to see how it will move in the coming hours. Get rid of clutter in your short and long purchases Successful and profitable
we can see that the price is moving in an uptrend channel. so we have decent opportunities to go long with the trend. however, we are waiting for the price to get rejected at 0.98600 for our short entry. trade at your own risk and happy trading.