usdcad is making higher highs and higher lows on higher time frames and on the 4hr intraday time frame price is respecting support so i decided to get in at a one hour engulfing i also gave an update on AUDCAD.While AUDCAD is moving in a downward direction showing selling pressure at the moment i am waitin fot it to play out as planned.
Euraud is making higher highs and higher lows all acorss the board.
* I'm predicting Euraud to be making a new higher low
* lower timeframes 4hr to be exact has broken structure to the upside showing bullish pressure
After the daily made a bearish push to the downside I wanted to see how price reacted to the 38.2 prz level. on the 4H, a hammer on top of the 38.2 fib as well as support. Breaking things down to a lower timeframe I had a correction trendline drawn from the latest swing highs. Price had broken the correction trendline and began up trending on the 15min and 30min...
I noticed that Ethereum was re-testing the neckline of an inverted head and shoulders pattern while at the bottom of a range and on top of support. Price provided an indecision candle on top of support as well as 61.8 fib. I anticipate that price will push back higher to retest a prz level. we have to get there first. It could begin with this purchase at a higher low.
the price bounced on the 33k area on the monthly support and got the liquidity until the 0.382 Fibonacci level as new resistance.
On the weekly timeframe, the price is testing the dynamic support.
On the daily timeframe, the price had a breakout from the dynamic support and now the price is testing the previous support as new resistance.
On the 4h timeframe...
This is an update to my previous in depth video analysis of the Nasdaq. It looks like there is a possible higher low forming which could indicate the the underlying uptrend is resuming. I do however believe that there is still a strong possibility for a larger leg to the downside. Watch the video to see what I am looking at.
Bitcoin is currently at war fighting to hold the low while attempting to break its down trend. just closed a wild daily with and 18% swing. opened yesterday losing 8%, then running up 18% from the low only to close up 3% on the day. one of the largest indecisions it has ever printed on daily. holding higher low on daily with major time scale closes ahead on...
Good Morning guys
My Personal view about INFY
Im bullish on INFY
Buy @ CMP
Targets :
1925
1961
2000
sell below will be 1800 (If market close below 1800 level)
Thank you
The aggressive pullback we saw after President Trumps tweet was the perfect set up for a bear flag to form and push down further. That didn't happen, instead all the market did was push and grind higher.
This tells us, all time highs are coming. This tells us now is the time to be aggressive. The market still needs a consolidation, a 4 hour higher lower. But it...
I normally update Bitcoin, but there is NOTHING to say except that it's still gyrating near the low of the broader range, and we are still long while waiting for it to break higher. MEANWHILE, there has been some unusual and interesting movement in some of the alt coins which in a way reflects the speculative appetite of investors in this increasingly frothy...
#Bitcoin peaks at 10,400 before confirming a bearish outside candle formation. Is this the beginning of the next bear market? Maybe for 1 hour chart enthusiasts, but broader price structure CLEARLY hints toward further strength. In this video, I am sharing the ideas and elements that we evaluate in order to gain a sense of perspective that is RELATIVE to the...
#Bitcoin new buy signal has triggered upon the development and break of the previous inside bar high. Yet, many still argue that Bitcoin is a short. In this video I point out why I believe Bitcoin is going to low the 9Ks on the next leg, and what common mistake blinds the majority of participants to such a move. The goal here is to provide perspective, and insight...
Bitcoin has established a new buy signal in the form of an outside bar which may be the beginning of the next leg higher. This video serves as an update to my previous written analysis where I wrote, "A close above 7600, followed by 7950 is likely to stimulate a flurry of margin liquidations (shorts following their small time frame charts who are now caught). This...
