This is bullish trend based on my strategy and data analysis on Prime Market Terminal.
USDCHF is presenting a change in structural bias with the breaks of trend and now previous structure. Will look for evidence for price to continue bearish today and early this week. GBPAUD is seeing continued Aussie dollar strength from last week, compounding with GBP weakness. Hopefully price can break this level being created in a descending triangle for sell...
Thank you for the like and comments, really appreciated! This is an idea not a financial advice. __________________________________________________ The chart highlights every time when volumes and candlesticks signals a strong selling force but the chart went the other way around continuing to grow indefinitely following a safe 45 degrees angle. The red line...
Like my idea if you agree with me or other reasons.... This is bullish trend based on my strategy
I've spent probably over 300 hours in the last couple months digesting technical analysis on BTC. Whether it's Bulkowski patterns, price harmonics, divergence, simple support/resistance, fibonacci targets - it all ends up being wishy washy, inconsistent, and difficult to actually do anything with. Recently, I randomly decided to draw Bitcoin in a channel - a...
Looking to enter longs on a pullback to retest broken resistance which is now key support in confluence to the 0.5 fib retracement and respectable ascending TL.
Like if you areee with me or other reasons... This is strong bearish based on my strategy.
The price just went to touch with the resistance area a couple of times and there is a great chance that it going back down for a little bit - at least to the previous support base. The risk to reward is not the best but there is a feeling that the price could range here a little bit before doing its thing we are waiting for. Keep it simple, naked charts would the aid.
The price just met with an important zone and would be on it's way to the trend-line soon. To back up, we have inefficiency in price action which is yet to be filled. From the daily confirmation, the price just surpassed the major upper supply demand zone and would retest as well. Stay tuned, as the trendline would be broken, there would be another retest and it...
Hey, I am just starting out here. However, I have decided to put up my analysis and help people out here. I hope this help. Now, what's actually happening is pretty simple. The price just hit the upper trend-line and will soon move downwards till the next supply and demand zone. Furthermore, we also know that the price is forming a rising wedge from the daily...
Confluences: Simple break and retest in 4H chart. wait for it to break with a 4H candle close, place a sell limit at the bottom of resistance (previous support) and wait Let's get this bread! Also it will re-enter the bearish price channel
Now we see a big daily bearish hammer candle and We can expect the price to move up to fill the shadow. To enter, we have to wait for the resistance line to break and the momentum to become positive.