Dear Traders,
Similar to our other JPY chart analysis, we expect the same with AUDJPY, prices is likely to touch one more time 105 region or go beyond that. Possible entry is when drop a little and there we can get a better entry. Good Luck and Trade Safe.
Wave structure of DOT coin on the daily timeframe
Currently, the price breaks the Strong Swing peak of the daily frame.
The daily frame has turned into an uptrend
BINANCE:BTCUSDT first and second entry had activated and price moved exactly the way we had explained. Now we are expecting price to hit 80K and then do major correction and then bounce from our third entry and hit the area of 90K and 100K. Price may not make major correction and continue the bullish movement.
good luck and trade safe.
DAY is uptrend => current is impulse
4H uptrend => curent is internal bullish
M15 is dowtrend => current is internal bearish
The price fell and penetrated the i-Swing (Internal Swing) strongly so the internal rising wave ended.
We can find opportunities to sell down when prices rise again
Chart 4H TF
BINANCE:RUNEUSDT has broken up and gone up to resistance zone around 1.62
Chart 1H TF
It's broken down ascending trend line and trading at 1.58x now.
I figured out some good signals for reversal
- Reversal Pattern: Head Shoulders
- ChOCh at 1.57
- Strong Resistance Zone around 1.6x
- Fake Breakout
So I expect price will down to support...
HTF = H4
i) Confirmed High @ 31006.97
ii) Low:
- opt1.waiting for confirmation @ IDM = 28308.59.
- opt2. waiting for being sweep @ 25804.91
##########################################
LTF = m15
I have entered in short position after the price got rejected once again on the current IDM and previous local High... ATM BTC is showing some weakness holding prices so...
#CADJPY Bullish Idea
1. Previous important weekly level was restested. Price can come below it to grab liquidity
2. harmonic pattern is completing there
3. Market then can push higher to complete a bigger W pattern on the daily time frame. That is our ultimate target
Weekly Outlook + Daily Analysis for AUDUSD
Daily Chart
s3.tradingview.com
After a reaction from a flip zone on the daily decisional demand we can see that more recent price action caused a daily change of character. At this point, we can start to anticipate the possibility that the higher time frame is going to turn around and continue the swing trend...
I'm back after a while, again with the EUR USD pair.
We can see some form of consolidation and indecision with the current price movement.
I marked interesting areas of supply and demand. But me, personaly i would only consider SHORT positions due to overall market bearishness and ofcourse the strenght of the dollar index (even if it doesn't reflect the real...
