It bothered me for a while, but then I hit TP 😅 3.5 percent 🚀🚀🚀
The Art of Trading Fake Breakouts: Fake breakouts occur when an asset's price appears to break a significant support or resistance level, only to quickly reverse in the opposite direction. They can be frustrating but are also opportunities in disguise. Ethereum's Triangle Pattern: As of late, Ethereum has been forming a triangle pattern, a classic setup in...
the main downtrend line on CAD/JPY was broken strongly and the price managed to make a higher high and a higher lo if we focus on the new trendline we will see that the price is in the new wave of making higher low we can for the price action around the trendline and also we can use the fib tool to enter a buy trade
Watch this video for a full breakdown of AUDJPY. Valuable knowledge with full trading plan and points to trade off of. Don't miss out! Ace Trading Academy If you like this content follow! Feedback is welcomed!
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
So, I will start with the basic Chart layout and then will continue to dive deeper in to the Analysis. The Chart is as you can see in a downtrend. And not just on a short time frame (1-5m) also on a bigger one (1h) The S/R level changed that means that we are on a new Trend level. At this point UKOIL has no more in the same price movement then the USOIL As...
After the "little big bang" Oil has recovered and build a sideways going channel here is some Analysis: So as you can see here WTI has been in a sideways channel for almost two weeks The EW gives us a nice triangular 0WXYXZ pattern Those Ellipses are showing us a little liquidity in the downtrend this has been testet for four times now The Fib is...
BINANCE:BURGERUSDT Analysis Fibonacci. Target 1: 5.813 Target 2: 7.700 Target 3: 10.005 Target 4: 12.142 Target 5: 15.608 Target 6: 19.000
BINANCE:AVAUSDT Analysis ( A B C ). ( A ) Starting point movement . ( B ) Entry point. ( C ) Target. Target 1: 5.5 Target 2: 7.2 Target 3: 8.7 Target 4: 10.2 Target 5: 12.5
BINANCE:MDXUSDT Analysis. Target 1: 1.6 Target 2: 2.0 Target 3: 2.6 Target 4: 3.1 Target 5: 3.9 Target 6: 4.7
BINANCE:LTOUSDT Analysis ABC. ( A ) Starting point movement . ( B ) Entry point. ( C ) Target. Target 1: 0.83 Target 2: 1.23 Target 3: 1.57 Target 4: 1.91 Target 5: 2.46
BINANCE:EPSUSDT Analysis ABC. ( A ) Starting point movement . ( B ) Entry point. ( C ) Target. Target 1: 1.08 Target 2: 1.48 Target 3: 2.0 Target 4: 2.59 Target 5: 3.41 Target 6: 4.24
A few words about palantir: My point of view has changed a bit. A few weeks ago I mentioned a small bearish formation, but palantir invalidated it with a gap up island. This is a good sign of more upside pressure. The chart shows the first signs of a developing channel. May 11th is considered to be a trend change day. Since then, palantir has been running very...
Disney is looking to hit and even pass $180 this week, even with earnings approaching. I will divide this analysis into 3 sections; Technical Analysis, Earnings, Fundamentals. Technical Analysis: -45min candle stick chart shows a green candle in the latest 45min segment. -Divergence+ Shows growing bullish divergence as indicated by green shadow between latest...
DXY still didnt manage to break the trendline acting as strong resistance, which may show some weakness for the bears to try and send the prices back down. But until they dont manage to break the support on 91.80, DXY still has an opportunity to gain some strength. And if the bulls manage to break the weekly resistance on 93.0 will bring more strength to take the...
NASDAQ: As expected, the Nasdaq made an intermediate correction. This correction ended very quickly and we saw a direct breakout in yesterdays trading session! If the market can maintain its position above 14,225 points today, it can be assumed that we will see target prices above 15,000 points in the coming weeks! Conclusion: With the breakout to new all-time...
The Nasdaq is only missing one last push to achieve the next targets and to get further confirmation that the correction at 12915 points was really finished. The Tech Index can easily pick it up before the weekend today! My short term target is to overcome the small resistance at 13,730. Then the 13.818 level should be overcome. The wave would also only be a...