We can see a break of structure - followed by consolidation and indecision in the market forming this small range highlighted. What we're waiting for is a break of this range to the upside.
You and i both want that sweet correction back to 20-28k, but are we going to see it? Found myself some bars that correlated pretty well with this last move, so im going ahead and posting them. The top of this "fractal" ends about ~double ATH's market cap and top of our long-term channel. (Weekly view of this chart with out the bars is located below) i myself am...
#USDJPY (4H): Last setup didn't make it to carry out because of news volatility. These news brought a lot of overall indecision. This is reflected in our chart, as we can't determine any clear overall direction (market structure formed a triangle). However, being my bias still bearish, i believe a break to the downside has a higher probability. If not, i'm not...
DAILY ANALYSIS : -Around a resistance zone from the past -Will close as doji if price doesn't move much anymore. --------------------------------------------------------------------- BI/QUAD HOURLY ANALYSIS : -slight divergence forming -price rejecting resistance zone ---------------------------------------------------------------------- It is possible to see...
Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! Lets keep it simple. We see LINKUSDT trading in an ascending channel on the daily. If it breaks out perfectly it'll retest the PREVIOUS HIGH @ $20. Those could be a great take profit area. Don't forget...
I put together this chart to show you that in reality, all we are seeing is indecision. We should be patient and wait for the market to show us its clear direction. Once we see a break either way, I will be looking to buy/sell from the re-tested structure to the targets marked. COT Data - 54% Short IG Client Sentiment - 59% Bullish
Nothing but consolidation all of last week, this is highly visible on the daily timeframe, all that can be seen is side by side candles followed by wicks. If the market wants to continue like this we will simply work with other pairs, however, if we see a clear break below of the structure marked followed by a re-test and rejection, this could open up the...
XAUUSD remains indecisive, price fails to hold above the key level we are interested in and continues to play around on the significant trendline, although I know many of you are keen on trading gold, I would say avoid it until a clear market direction becomes apparent because at the moment you would be diving into the unknown. COT Data - 53% Long
Like I previously analysed, EURGBP retested Daily lows and started to show rejection. Entered at the second shooting star candle. Looking to carry the shorts till the Weekly Lows.
Price is in a crucial zone at the moment. I break above the minor trendline will indicate bullish pressure and a break and retest of the zone will indicate bearish pressure. Watch out for this pair next week!
Previously, the bulls have won the last couple battles pushing hundreds of pips against the trend. Price is nearing 2 forms of structure, one being the top of the down trending channel and the other being previous resistance. We will have to wait and see how price reacts to these structures to take out next position or close out current longs. Regards of the...
Hello Traders!, Hope everyones had a good start to the week with our trading, Today marks the last day for all Q2 forecasts and readings, meaning that there may be some abrupt price manipulation/speculation with certain pairs. This erratic movement in price is coming from institutions and banks loading and unloading positions from cutting losses and taking...
We are currently in a steep downtrend, but we are definitely in oversold territory (Bollinger & stoch RSI). We have areas of support at 9.3k, 9.2k & 9.1k. Dropping under these and then 9k would be a signal for some serious bearish price action. If we break under 9.2k there will definitely be support at the 9.15k area.
Spinning top candle signifying indecision in the market. Bulls and Bears enter at the extremes of the range. AGGRESSIVE CONSERVATIVE
Man this is getting really tight, ready to move one way or another
All of the information is provided to you on the chart. Be careful trading TSLA. TSLA stock is very difficult to trade, and i would advise to not taking any position in the stock if you do not have any experience. Company has fundamentals good, but elons news and twits make it worst. If you have any questions feel free to ask. If you find the analysis useful...
Trade hit take profit but continued - so consider this a trade review. Trend line again is respected and US released fundamental news to allow the bulls to surge in and take control. The trend line is again respected with tech earnings coming in today with Microsoft, FB & Qualcomm Tesla are also looking to open up the californian factory despite widespread...
showing Key Pivot points March-May for H1-D1 indecision levels and soon more analysis.