Price has broke the market structure to downside We see that the price has retested our descending trendline Created Lower Highs and Lower Lows
here are some of trades we took earlier, on eurjpy we are +1900 pips in profits now holding to add up more pips and on usdcad we had a buy previously for a lower high so now we sold at our expected sell level for a lower low and price has been nice, join my trade group lets trade together next week, send me a DM
Forecasting PEOPLE is like trying to describe the scent of Saffron. It's currently sandwiched between Support and Resistance on the 2H chart. Couple sizeable Lower Highs are developing into a Descending Triangle, I'd wait for one extra Lower High to be sure. I'm "quite" confident PEOPLE will retest the Support, after which we might see that 3rd Lower High. If it...
Hi, We will look at LTO / BTC. As you can see, after exiting the downtrend line, the price slightly moved up. Looking at the 1D interval, you can see that the price has been retested near the support zone (0.00000423-0.00000400) btc. The first resistance line is at 0.00000581btc where the price slowed. Looking at the current low and high we can see that a...
EURAUD has been moving sideways all 2022 with a very slight uptrend. After creating nothing but higher highs and higher lows, it has finally had a strong push and created a lower low. After creating this lower low and bouncing off of the trend line, we have shot straight back up into the supply zone where we created the previous trend changing movement....
Hello Traders Here is a new SELL Scenario, lack of bullish momentum, waiting for US data releases. 💹EUR/USD SELL STOP ✅ Entry @1.13400 or below ✅TP-1# 1.13150 ✅TP-2# 1.12850 ✅TP-3# 1.12350 ✅SL# 1.14200 JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes,...
Simple Bitcoin analysis... > Daily formed a double top at all time highs with bear MACD and now possibly breaking the recent lows, horizontal support & .382 fibonacci. At this point... 1. Price can find support here at 58000.00 area/ recent lows, horizontal support, 50ema support & .382 fibonacci and move back up to recent highs. 2. Price can move back up...
Nice H12 Demandzone for IOTA to keep an eye on if we get a dip or a rejection at the H12 Supply + trendline, which makes another LH (Lower High).
COTI on a 1D chart is looking like it is moving within an upward channel and we may be ready to see the price drop to get to the bottom of the channel. The price may have a 30%+ drop (assuming it gets to the 0.382 fib level) before moving upwards in the channel. Keep an eye on the RSI as well. What are your opinions on this? Comment below, hit the like and follow...
From my previous post, you can see we how had a breakthrough; however, is not what we expected, we wanted a bullish breakthrough but did not happen. INSTEAD, Dogelon created a Higher Low, we had a Low already created back on Nov 4th 2021. If you look at my chart on the daily you can clearly see the High and Low of Dogelon, we have extended our triangle. I'm taking...
EUR/CAD has recently broken historical (2020) resistance and is showing uncertainty in price movement. If a downtrend can be established with further LH/LL, this may provide opportunity for a number of short positions in the coming weeks. Weekly chart shows an established downtrend. I am looking for another wave to show some certainty in price direction and then...
The 8h weekend wick off the back-test of the Diamond Reversal Pattern 100% Break Target has resulted in a 8h Lower High. The next test is the low of the move; watching for a 8h Higher Low Pattern to emerge. In the wake of the Diamond patience is important, as the downtrend is forming.
Overall move on the daily seems to be approaching SUPPORT AREA, it's no doubt we are looking at LLs and LHs, price has retested S2 and currently a consolidation happening on S2, a successful break below 123.391 gives a potential SELL OFF. move is 89 Pips.
Fantom (FTM) on the 1D chart shows a lower high. I charted a few trendlines to consider keeping an eye on along with a fib retracement. What are your thoughts? Comment below, hit the like and follow me. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my...
See the charts below in how I entered on a retest of the diagonal trend line. In this process, I am trailing my stop loss.
Clearly we can see the market is offering a descending pattern , as guided by the resistance trendline and the support trendline . we can depict the sentiment of lower low and lower highs as offered by the price action . be keen to check my into details (lower time frame 4hrs on my thread )
Looking to get over bearish momentum since early September. sell lower highs.
Hey guys, This pair previously formed a double top and was bearish till it got to that lower trendline which shows lower highs forming. I'm bullish on this pair. Incase it breaks that lower trendline, my bias will change. Happy trading