💡 - Trade Idea
Looking for an accumulation schematic to form on the 15m before, sweeping liquidity and mitigating the last 15m down candle which initiated the bullish push upwards.
Let me know your thoughts?
💡 - Trade Idea
In the Asia Session, an accumulation schematic began to form, breaking structure this morning, looking for a retracement back to the 5m candle that initiated this bullish momentum, before pushing to 1912 where I see the market rejecting back to the downside to carry on the bearish momentum on the larger timeframe.
Let me know...
CHFJPY Approaching the top of an old trading range possibly accumulation it seems like it wants to come back to back-test it as support and take off much further.
The top of the range aligns with the 50 percent retrace of the 5-0 If you want the best entry i'd wait for the 50 but if one is impatient then one could start buying at the 38.2 with their bigger buys...
On the chart today, price makes a consolidation period after the accumulation period.
Seems to be a lot of range movement between support and resistance and then price decided to create a rising wedge which created a minor resistance zone. Waiting for price to drop lower towards support and place a buy order then.
Long-term Bitcoin analysis using a logarithmic scale. As shown, Bitcoin remains in the long term trend lines set by the top and bottom of the 2014 bear market, if Bitcoin is to remain in these trend lines, it needs to start making an upwards move in early 2019. I have also drawn a few curves that Bitcoin could follow if it is to fall below the trend line.
This is an update on this TA:
Description of the Wyckoff method can be found here: stockcharts.com
As I mentioned in the old TA, things are moving much faster than I anticipated and there is also a glaring...
I drew that yellow line its resting about 3 weeks ago, and it is really sticking to it. From using my graph, I predict that we will exit the fib circles with a new pump, XLM and XRP have always had similar pumps every 6 months, so I'd be fascinated to see if it does it again. Secondly, the commodity channel index, is predicting a period of stable accumulation...
Ok, this is an attempt at pure TA. lets assume I know very little about ICN so we don't have to argue over if the team is any good or use case or any of that forum fodder. we don't have to because someone who does thier homework before they spend thier money has already indicated thier interest with the high volume candles marked with the red arrows. the yellow...
NZD/USD As can be seen from the chart, The bearish trend started in early February, Seems to have found an accumulation phase in the highlighted red band and is ready to undertake a bullish movement.The break with confirmation of this trendline is a good opportunity for buy.
weekly blocks have been touched, with a lot of resistance the 1 hour clear resistance was violated the 4 hour level of 1.208 should be touched as a first target (green line) the huge void created liquidity accumulation has happened before to build charge take out stops and then come crashing down like before.