After a rejection of the 61.8 fib retracement is possible to see a bigger wave to the downside.
The $51684.9 level is a strong S/R line because this corresponds to a Kijun Sen flat line and Senkou Span B flat line. We can see that the current 4-Hour japanese candlestick has its high that corresponds to this $51684.9 value. In an uptrend scenario, the keylevels to watch are : $51684 $52679 $53668 The price might go down to $50004 (H3 Tenkan sen flat line +...
Bitcoin - bearish & bearish scenario - way to 60000$ or 30000$
Bearish scenario - Fibo 1,618 and Rising Wedge Formation
Hello dear friends. At this time, let's take a golo look at the situation with bitcoin, and try to determine what the probability is to see the price of 90,000 for one bitcoin. On this trading idea, I showed you the figure of price uncertainty - this is a "symmetric triangle" Only professionals can trade such patterns, and those who determine the price of...
Hello Traders! Bitcoin as of the moment is very volatile, so prices will go in any direction possible. So today, I present to you the 3 most likely scenarios for BTCUSD.(not in order of likeliness) 1. A Head And Shoulders Pattern is Forming An H&S pattern may be forming. If it happens, the Left shoulder and Head are already formed. The right shoulder is on the...
Since early November, DASH/USDT is following an upward sloping trend line. Since two weeks, the pair is starting to form a wedge. Today, the price has bounced off the trend line yet again, signaling a new upward movement in the short term. My take is that the price will continue to rise until the $114 area. If you're feeling confident, a $120 target might better...
Hello, Traders! EUR-USD is now trading in a new channel And so far it seem like there are two potential scenarios 1- The pair will first go Up, to resistance, then Down to support 2-The pair will first retest support, and Only then go Up To retest the channel boundaries So far EUR-USD seems to be following the first scenario But lets see how things play out...
AUDCAD is fluctuating on the important resistance level, this fluctuation has formed an obvious H&S pattern. In case of the breakout of minor structure, we're looking to set a sell limit order. 1st Target - 0.94901 2nd Target - 0.94413
Nasdaq Scenario For Today ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ NAS pushed up almost to 12452 Mark, but it rejected since it is a major S/R zone. Right now i think that we can either expext a correction to the downside or a push upwards depending on if the reject this currenct zone or not. ...
Nasdaq Scenario For Today ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Yesterday NAS went all the way up to ~11980 Mark and right now looks like it is pushing to ~12209 Mark. Note that ~12209 is a major resistance zone, last time NAS was at that point we spiraled down. Right now i expect NAS to get a correction (see ABC) and even go as further as...
Gold Scenario ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Be cautious when taking this trade, tommorrow is NFP. Might be better to sit it out. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ We have to keep in mind that market is really volatile and stoploss hunts are frequent. ...
Nasdaq Scenario Played Out As I Painted Congratulations to anyone who took it, bigmoney. Don't be greedy and follow me and give a like for more. Trade Safe Whoopty ScenarioPainter
USDJPY Scenario Played Out As I Painted Congratulations to anyone who took it, bigmoney. Follow me for more ideas. Trade Safe Whoopty ScenarioPainter
EURJPY Swing Scenario ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ We can see a possible inverse cup handle, this is on the daily so this is a big swing trade. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Trade safe, Whoopty Past performance is not an indicator of future results ...