BTCUSD currently in a consolidation pattern after its 40% break to the upside, with a lot of people calling for the CME gap to fill, the self fulfilling prophecy is complete, and bitcoin looks ready to retest higher regions, a lot of resistance ahead of us, not to forget the baseline of the descending triangle we broke out of bearish but if the volume comes...
Since a long period of time there is a very strong bullish movement on this pair.
At the moment is forming a bullish flag, and according to the s/r zones and the trendlines
we have a clear analysis for another bullish movement of nearly 400pips.
For any questions feel free to text me on Telegram; my username is Abid_fx
I also have a FREE telegram analysis channel...
Starting with the monthly chart, we can see we have just broken the support of a symmetrical triangle pattern.
Moving onto the weekly chart, we can see we have just been rejected by the retest of the support turned resistance of the previously mentioned symmetrical triangle.
We can also see we have formed a bear flag...
Here is the update of GA, it is retesting the trendline as expected, we now need to wait to see clear strength by the bulls before opening any long positions.
For any questions feel free to contact me on Telegram (Abid_fx) and you can also join my FREE TELEGRAM CHANNEL.
Previously had my emas crossed
now in a bull flag
We have pierced the extreme of the bollinger, i've been triggered in with a buy stop 5 pips above the high of the pin bar that pierced it
we have just come off the back of a 1:3 winner, lets hope for another,
targets at 1:1 and 1:3
I have two ideas on GBPUSD on here, they are pretty simple.
Our entry zone would be the light green rectangle, which will be the main zone we need to look
at, we need to carefully see if the market does the retest on the trendline and then start another
bullish run or it breaks again the trendline and drops all the way down.
Be very careful as it's a very...
Will be swinging this down to 0.66 - price repeating itself
impulsive move, correction, impulsive move, correction etc
wick rejections @ this key resistance area. Have tested multiple times and failed to break above
await bearish momentum before entering
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Here is an update of NZDCAD SELL, this pair is forming a pullback by forming a bearish flag
which is the perfect confirmation for the sell idea. We must wait that it breaks the second minor
trendine and enter a sell position on the retracement it does!
For any questions feel free to text me on telegram; my user name is Abid_fx
I also have a FREE TELEGRAM ANALYSIS...
This idea is similar to the GBPUSD idea that I posted recently.
GBPJPY is on a bullish run, and we can clearly see that is taking "a rest" by forming a bullish
flag pattern , which is a clear confirmation for another bullish run that could reach the next
s/r zone. We must wait for a breakout of the trendline and enter on a retest and join the buyers.
Price action on ETHUSD looking bullish on multiple timeframes, multiple support zones below with the 100DMA recently broken, ~180 range on VPVR with next resistance at 210 around the target for this bull flag, 4h EMA ribbon below us, daily ema beginning to cross bullish, we may face resistance from weekly ema, bots trying to keep the price pushed down, but as i...
GBPUSD on H4 is in corrective bullish flag. If the bullish flag is violated & price continues to go down, more bulls are waiting in at the 1.26000 level to cause the pair begin another impulsive wave...