Hi everyone, In my last post, I was explaining how we might still be bearish and how we might make a pullback to the upside for BTCUSDT. Looking at the price, we just broke above the trendline shown above which represents the resistance for the area of consolidation. In other words, we are looking at a breakout. Since we are retesting the higher time frame...
As you can see the inner trendline has broken on the 4hr. I'm waiting for a retest on the orange zone and will go for a potential Buy to hit the Major trendline.
My prediction is that the price will go around the green line first and then go down to continue the downtrend Stay tune!
EURUSD created a bullish cypher pattern and is now trading below parity level. We can notice a clear drop-base-drop structure. Now I expect the price to retrace until the base (institutional zone). We might consider to open then a short trade at the base if price reacts well at that level or for more aggressive trader we might now open a buy with the base as...
The level of 1.0240 has become the most important area after the breach is confirmed, the price is testing it in the second corrective move, Breaking the 1.0280 area will push the price higher . . . Entry at 1.0280 S L 1.0224 T P 1.0360
1 Structure 1/2 : bullish to sideways down 2 imbalances :target marked 3 Current Move 3: impulse 4 Entry TF : D1 4.1 ETF Structure: Bearish 4.2 move : Correction CIP 5 CIP 6 FIB: strong rejection at 50 almost done 7 candle Pattern: Up Momentum but not able to break resistance 8 Chart Pattern: Falling wedge REsistence 9 Volume : Very high on reversal 10...
Seems to me were at a turning point. S/L @ $18,500. This would be a likely Wave C completion point imo.
Testing strong major support. Depends with bitcoin price too.
Dollar index reach the "Covid19" region at 102 -103 range. watch closely this area as we will soon see the upcoming FED rate on the 4th of May. Break above or Reverse? Write your thought in the comment, Lets discuss💡
DraftKings is getting wrecked again and now tumbling towards that one major support at 13.30 Look left what happened when we broke that support once If we hold that for real though, maybe one could roll the dice on DNKG to the upside
Great Higher low uptrend structure to continue the AU longs ! Bearish USD, Bullish AUD ahead! Targeting Supply zone drawn above. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Higher low hold - much like AUDUSD as part of a 123 set up. Very nice bull momentum here. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Targteting 0.77 area as part of a higher low. Very nice bullish momentum candle pump from support, a lot of rallying strength left to supply zone! Trading Idea --- NOT AN INVESTMENT OPPORTUNITY!
Description provided on the chart. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY
Liquidity Fill at Demand, sweeping the lows and now we will be looking for bullish momentum to push price up to supply (marked above)! Trading Idea- --- NOT AN INVESTMENT OPPORTUNITY!
Break of Bull flag holding current support zone at HL. Lots of room to move and potentially breaking the hourly highs at the top, going further. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
with the compression on the sellers and the inability of the buyers to continue rising, there is a possibility that the CAD will strengthen significantly. Judging from the smaller timeframe, the price structure forms HL continuously and there is already an OB in the demand area. the best opportunity is to wait in the supply area (qmm) and can BUY if there is a...