Bitcoin (BTC/USD) 4 Hour chart: price broke out of the symmetrical triangle to the upside.
Potential resistance prices: $73000, $75000, $80000.
Potential support prices: $64000, $60000, $55000.
Bearish scenario: Price rejection below $74000. Could start a new downtrend if price is rejected again, in the medium-term time frames.
Bullish scenario: Price...
Hey guys, FX:GBPJPY has created a 4hour running flat with a fantastic impulse/correction flag on the lower degree 1hour time frame.
The bearish structure of the running flat combined with the lower degree bearish structure gives a lot of indication of another bearish trend continuation move!
Hey there! 😊
In the 4-hour time frame, as you can see, the price has been fluctuating within the FVG range with positive movements and is currently trading at around 1.059. A possible scenario to consider in the 4-hour time frame is as follows: the price may continue to rise after breaking out and confirming the important 1.062 resistance zone, with potential...
Hey there! As you can see, the price is currently trading within the range of 1.22. In the 4-hour timeframe, here's a scenario to consider: The price may continue to exhibit positive fluctuations as it approaches the liquidity gap. Following this, after a minor correction and, upon confirmation, as well as renewed liquidity accumulation, we could potentially...
The 4 hour timeframe has seen two attempts and rejections of the 1954-1953 level today, one before news and one during news. This is very significant because it means despite there being volume and volatility in the markets, it was not enough to push past the buying pressure meaning any selling here was immediately being taken by bulls to push price back up.
With...
After a 1 hour variation of an evening star during the London session this morning, I was alert during the New York session to see if price would be strong enough to push beyond its latest high; especially after a bullish engulfing. Price merely closed off with some buy exhaustion only to followed by a doji. This set-up looks like a false break of a major...
It's very simple. Although the general trend is bearish, it is difficult to continue the short position, and it is difficult to break through the key high point above. That is to say, gold is still waiting for an opportunity, and has not fully confirmed the long-short direction, so our short-term operation is undoubtedly still in the range Back and forth trading...
We can see a bit of a pump in price action on the 4hr chart for ether here. It appears to be breaking above the neckline of an inverse head and shoulders pattern(in yellow). Of course many times these patterns do not trigger their breakout on the first break above the neckline but rather dip back below it and wait until the 2nd or sometimes even 3rd break back...
S&P500 Outlook for the 1st week of January 2023 on the 4 hour chart.
Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January.
1) Always have your stop loss in place.
2) Always have your 'take-profit' target planned before entering.
3) Always be open to...
Had a double top at 1.06000 level
Price could now revisit 1.03800 level
if we do break above 1.06
i would look for price to push higher
around the 1.07 levels
Hello Friends 🌸
As can be seen in the picture, the price has hit the $18,000 to $18,500 area several times and has continued its upward trend again. The long shadows formed in these areas by the blue arrow show the strength of buyers over sellers in the $18,000 area. Recently, in the 4 hour timeframe of Bitcoin, we see the formation of higher low (LH) than the low...
Hello everyone, let's take a look at the BTC to USDT chart over the four hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is nineteen thousand one hundred and six dollars, if the support is broken, the next support is...
looking forward to seeing USDCAD take out the new liquidity created fill in the imbalance, mitigate the supply zone above, before we start selling off.
NVDA (Nvidia) stock price may have reached temporary resistance below $191.
Potential bearish momentum is forming on the MACD indicator as well (4-hour time frame)
Nvidia reports earnings on 08/24/22 post-market.
Resistance price targets: $191, $194, $200.
Support price targets: $185, $183, $180.
