triangle break out ! multi time frame , made a life time high! ! !
a retracement should ideally come , but so as not to miss in case , one can eter here with 30% qty , and later add on dip !
It's no news that EURUSD market sentiments has shifted to bullish, however, before another impulsive or corrective wave could be witnessed, it is necessary for the pair to re-test a support - Between 1.09405 and 1.09795 level is in view
Looking into this trade for early next week or end of next week using ichimoku waves , time theory and %R .
The waves are forming a first wave of 13 bars , the corrective also 13-1 bars. I expect most likely a third wave with 13 bars as well but could also stopped earlier at 9 bars before correction.
I'll look at bearish cross with %R , a bearish candle with a...
I said that the price will fall down yesterday but the price continues upping, so in a principle the price continue in sell's zone so, keep calm and see the Update analysis;).
The price continue in bears zone (Until doesn't hit the red line), what i'm waiting now? Actually i'm sold since yesterday and i opened new position in 1.10845 because the price is in a...
When you look at the chart, you can clearly say that every time when xrp brakes above the senkouspanB line (Which is the red border of Ichimoku Cloud) it moves faster than a rocket.
Also when it goes below that line things are getting bad.
Last time xrp went below that line it was Jan 2019 and now xrp is above that line again :) That means, after 10 months...
Chainlink has shown an unusual pump and retracement movement over the last year. Although trend is bullish for a long time, every pump is over 100% in a short period of time followed by periods where retracement of at least 30% occurs.
Following the recent uprise of 140% in 25 days, I expect a short term retracement of at least 15%, but we will see what the future holds.
NZDUSD has recently broken a daily trendline and now in a corrective wave which may be the beginning of a new impulsive wave or another complex correction. With dollars strength yesterday, this could possibly cause the pair to re-test its bullish order candlestick at 0.62625 before making any uptrend or a correction.
Dear crypto friends,
The consolidation period lasted from the 26th of September 2019 after BTC broke down the descending triangle and fell to 8K area is about coming to an end.
Analyzing the behavior of Bitcoin price during the year 2018 I see the same fractals and patterns that BTC repeats again and again .
Local bull trend from 3K to 12K area has ended...
Look at the shape carefully
We have two scenarios for the Euro move, it may climb to a higher level or it may start to fall.
And I'll follow up on this analysis again this week
To see how the market reacted
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The dollar buying condition for us is the 38% Fibonacci level breakdown
We still do not know whether the wave 4 is over!!!
Stay with us
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Matic does look interesting, however. It could get pretty big if this is the 3rd wave on a daily timeframe. With all the mainnet talk and new wallets, it could get some hype.
As mentionned in my previous post, BTC follow a pattern and tend to repeat history.
BTC will retest 7000e before entering in an accumulation and a new parabolic rush as seen in the last ATH of 2017.
This week, we will likely see gold re-testing 1480, where price briefly violated on Friday but quickly rallied above after some bulls visited the metal. If 1480 is unable to hold gold's price, we could likely witness a test of 1446 level in the coming days before gold rally out of its bullish falling wedge.
PLAN YOUR TRADES AND TRADE YOUR PLANS
Canadian Dollar has been impressive for couple of days and is expected to continue for the early part of next week which will drag EURCAD further down to 1.45 region. From this level, EURCAD is expected to reverse to commence a new rally to the upside
PLAN YOUR TRADES AND TRADE YOUR PLANS
