a nice channel have formed in GOLD XAUUSD but it may take time to break the channel and give us a nice opportunity to enter the market another question do you believe this channel or the other triangle pattern we have posted it before same on gold or both can work together
The price is creating a descending channel after the breakout from the falling wedge as I told you on my previous idea On the daily timeframe the price is testing the key level on 150$ and the market is trying to protect the low. On the 4h timeframe the price got a rejection from the daily resistance on 175$ How to approach? The price needs to have a new...
The price got a rejection from the weekly resistance on 164$ and not the price is creating another bull flag above the previous descending channel the price retested the previous dynamic resistance as new support exactly at 0.618 Fibonacci level. How to approach? The price needs to have a breakout from the weekly resistance and descending channel. Beware to the...
This trendline is starting to become somewhat interesting. If this is real support, we might be in for real breakout of Bitcoin to the upside. If we break that trendline, a third test of that major bottom of the price channel seems very likely.
The price is testing the 0.786 Fibonacci level on the daily timeframe on the weekly support (0,028$) On the 4h timeframe the price is creating the main descending channel and the market is creating a channel within it. How to approach? The price could retest again the 4h demain on 0.027 if the price is going to lose the dynamic support. According to Plancton's...
Channel Trading consist of price fluctuating between two parallel lines which forms the channel. We look to buy when price is bouncing off the trendline connecting the Hl and look to sell when on the upper trendline connecting the HH I wont speak too much on Channel Trading but if so please drop a comment. We have the bearish set ups on the left side of the...
The price is creating a channel between the demand and supply zone on 4h timeframe. on the daily timeframe, the price is trying to hold the 34100 support and retested the previous W's neckline. on 4h timeframe the price lost the channel, and now the price is testing the previous dynamic support as new resistance How to approach? - for a bullish scenario, the...
Major Pattern: Symmetrical Triangle Weekly Anticipatory Pattern: Channel with 7 descending consecutive maximums
Hi everyone! Daily " BTCUSDT Upward channel. BTC is currently Trading at $42.2k looking to bounce of up from down trend support level. (White line ) If achieving good volume we could see it re-test previous failed resistance at $45.9 K (strong resistance level) If failing to hold above this level and( a) daily candle closes below $40.8K (White broken...
Price Channel with modification applicable to indices Strategy to tune in for risk reward and win rate
Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These...
one of the thing's that you should be consider, is PROBABILITY. It's not definition. cheers 🥂
MATIC has reached the top of it's upward channel. RSI Oversold on the 4H. Volatility is high, a break above the top of the channel wouldn't be surprising but a sharp move down is likely to follow. When that downmove comes I expect to see a pullback down to 0.618 Fib level to start, and potentially to the bottom of the channel. Like and follow for more...
as my opinion channels are one the most reliable tools that we can use in trading and also investing. the most important think in channel trading is power of the lines some time's we consider that a breakout is happening but if we focus on the higher time frame chart we found that it was a fake breakout that happened ant trapped non experienced traders in the...
This is my opinion, I really hope this will be useful for you. Be ready and take care your money. Have a great profit !
This is my opinion, I really hope this will be useful for you. Be ready and take care your money. Have a great profit !
This is my opinion, I really hope this will be useful for you. Be ready and take care your money. Have a great profit !
This is my opinion, I really hope this will be useful for you. Be ready and take care your money. Have a great profit !