Reverse hns @ BTC. Could we see a bullish market after this? #DYOR #TAYOR
Reverse H&S forming, waiting for the neckline to be broken and a retest before going long on this position up to potentially $1.40. Waiting for confirmation before making any entry. Let me know what you think all criticism is an opportunity to learn :)
XRP has held the lows and with recent BTC pump it is safe to say that we have reversed from here. We could still hang out at these prices for a bit but not very long. I still expect prices to pause at certain trading ranges (colored boxes) but generally not for long as we have accumulated long enough to eventually expect parabolic rise of some kind. I am not a...
Target at least 152.5! later extend down to 151 max.
Weekly: We have Double bottom formation and the price last week brake the resistance/neckline. Now pullback for test it. Daily Here we can clearly see the impulse with brake point. 4 Hour My entry is close to the neckline with R:R 1:3 My SL is protected by 4h trendline and support level. This is not financial advice!
In Opposition to the previously posted analysis, this perspective is looking to sweep to new higher lows and creating a pivotal point in the market and ultimately a bullish run in the market
We can see on the chart that there is a reverse hammer, but we still need a confirmation too see if it is going to be an uptrend or a downtrend
Consider spotting long opportunities in gold, after bullish signal pattern around channel, sniper move, manage your risk reward well...
When Price got to 115.320 back in NOV price made huge bearish impulse. Will history repeat itself, and be bearish down to 4hr Trend and possibly break or bounce? What are your thoughts on USD/JPY price movement?
GBP USD TA part 1 from the 4 parts. Overview of 1D chart and establishing key S/R levels. Also , we are stepping back a few steps and overviewing whole trend picture and direction . Please to pay some attention to EMAs and you gonna come to clear conclusion regarding Trend… We’ve got a general picture over here and we are heading to the part 3- 4H charts for the...
BTC Recovery on the 15M - Reverse Head and Shoulders. Will break to the upside by 01:15 PST.
On the weekly chart, $BABA looks like it has found support at $155 and is forming a reverse head and shoulders pattern. I'm looking for one more touch of $155 or slightly lower, followed by a close above the $155 support to start adding a long position. A break above the downward resistance trendline would confirm a bullish break upward and $180 giving us our next...
Important things to note: Everything looks great. Price movements have bullish structure and we are in the start of a bullish trend. This means we have likely seen the lowest low and the price will move upward. The double bottom we saw was denied. We will have a price decision. Watch for a break in the first resistance to our first significant price target. Set...
Buy level reference based on failed bearish pinbar at daily timeframe.
It's quite easy to understand why i believe NJ will be bearish from (77.991) the zone it currently is at to (77.339) Price is currently at a valid resistance, and having the concept of Resistance in mind Area 77'991 is the only thing that will and can stop price from progressing upwards. If Resistance holds, we should expect Collective human thinking and...
Just observing SPY's price action. I have drawn a rising channel which contains the price action for SPY since early last year. Friday we touched the bottom of the channel and closed near it. Looking back, this support line has been tested 8 times before. One successful crash (red circle) Three failed break (yellow circles) Four bounce and reverse the next...
SP500 is obviously in Euphoria. But let me just tell you about one event. Normally when we are getting stimulus from the FED, money is flowing FROM the FED to the BANKS. And that has been happening for a long time now. BUT. There is always a but. There comes a time when the flow of money switches. It starts flowing OUT OF the banks, and INTO the Fed. ...