hi everyone - haven't posted in a while but im back on the charts! looking over the pairs NZDCAD has caught my eye, after breaking an ascending structure on the daily sitting nicely in the amber zone. price shows a clear 'scoop' (double top) with an element of structure that can be seen approaching the value area on the 4H. i am looking for an entry in the green...
Hello everyone: Let's take a closer look at the Ascending/Descending channel structure in the market. Typical ascending channel will happen at the top of the overall price action, and once the correction is finished, we have a high probability to see the price reverse. Whereas a descending channel structure will form at the bottom of the overall price action,...
In the video I demonstrated how to probe a potential reversal to upward pressure by virtues of the white energy-red RSI race concept introduced by the inventor of the indicator. I was very sluggish. The network problem took the rhythm out of me. But what we are seeing here is we need to have a strong upthrust in the 1W timeframe in ETHBTC pair for the white energy...
Ascending support on JPM - some will also identify the pivot highs calling for a triangle pattern. Keep an eye on this support level if the market gets weaker - looking for things that were already lazy when the market was strong... looking for those to then get even weaker when the market gets weak... this is a good way to find intraday setups! Hope this chart...
Nice clean ascending support that was tradable today intraday! Enjoy. xeenos trading - sending positive energy to all those watching!
Aloha. This could be a quick play short because the recent trend and run has been quite bulllish, however... Daily - showing signs of consolidation and rejection of the 50 ema where price is hovering. 1hr- If price breaks strongly bearish and well below the 50ema, this may trigger me in. 4hr - A better consolidation for this pair to go short would be if price...