PYPL looks relatively strong compared to the rest of the market. I think a retest of the $89 area is a good entry for a possible U turn back up to new ATHs. Giving it a wide stop.
Candlestick has break daily swing point 1, high possibility of daily trend reverse. Good time to look for buy entry in lower time-frame.
Daily swing point 1 break, downtrend candlestick pattern (long tail pin bar). H4 engulfing short entry.
IQ finally breaking up out of its consolidation just below the previous IPO all-time low. A lot of volume coming in on Friday. Any retest I expect to be bought. IQ might gap up tomorrow with the after-hours activity.
Price is currently in a descending channel testing the channel support and resistance multiple times. However, price is now testing channel resistance as well as a resistance level (which was previously support but now is a key resistance in the market). Price action is stating three rejections and now has formed three 'Shooting Star' Japanese candlesticks which...
Price broke out of the ABC correction counter trend line which is also the neckline of a double bottom pattern. . Price has the potential to move towards the resistance level after it broken out of the correction with an impulsive wave 1-5 and retested the broken structure with an ABC zigzag pattern. . Considering that the price has broken out if the ABC zigzag...
Daddy has been doing this for a while, you can trust me. I haven't completely left forex or anything, I just had to lose my entire life savings in cryptocurrency in order to realize there is no gateway to heaven for an extended amount of time. When crypto opens those legs again I will be there <3 In the meantime GJ is looking too good for me to miss out. If we...
I'm revisiting the AUDUSD bullish trend continuation trade setup. After the first setup I posted earlier shy few pips from our 1:4.1 TP zone, we had a slight pullback to the broken daily swing level. Since the price has made a decent retracement to our confluence level and gives us an excellent Counter Trend Line placement, we have the potential to see a further...
In the CHFJPY H4 chart above, the price made a strong down move followed by an inverted Head & Shoulder pattern. Price reversed from the weekly support level as well as 78.6 Fib ratio to complete the right shoulder of the H&S pattern, and it broke out of Counter Trend Line (CTL). Price made a double bottom on the support level before the breakout of CTL which...
4HR Awaiting a breakout of my box zone on daily we got a nice bullish engulfing MA's are slowly forming a crossover dollar seems weak lets see how far we can go
After the break of range zone, price retraced back and retest the broken level which is also aligned with dynamic resistance (mean value), 50.0 Fib, and weekly resistance. Our goal is to look for continuation trade after the breakout of the counter trend line (CTL). Now we have the break and retest of the bearish CTL, we give a shot for short. Entry, Stop Loss and...
The market is struggling to make HH's in the 2H chart, regardless I would like to see a rally to the structure resistance around 7420 to start some shorts, my sweet spot would be R3, but we will have to see if the bulls have what it takes. In the other hand, i don't think i will be looking to start a long position, i think that a break of the short-term ascending...
Possible Double Bottom at $5.10 Stock looks like its ready to run and run fast If $5.10 can represent the low going forward, we break above multi-year resistance of $6.50 and hold; might get a double here! Time will tell.
Despite the political rhetoric, stock has a bullish setup 3-4 years of consolidation, followed by a break out a few more months of consolidation, followed by another break out currently in an uptrend May experience some slight pullbacks but overall, bullish.
Salt has pumped that is nice. People will take profit. You need to calm down before you can get in. Looking for entry around 850 sats below and looking to sell around 9xx sats - 1059 sats.
USD/CHF has been heavily bearish lately and this week the pair started to make a complex pullback, which I predict that the move could reverse at that zone of confluence.
8 month rounding bottom completed gapped up huge on earnings beat currently consolidating In my opinion, will retest 52 week highs and finally another break out.