1H Bearish Divergence Trend Channel/ Rising Flag Pattern Currently at a Key Zone of rejection Looking for Bearish Variation for entry and break of channel for confirmation to TP levels. 113.490 - TP 1 113.250 - TP 2 113.020- TP 3 112.800- TP 4
Just a snapshot of my HTF markup to follow on from my morning outlook posted earlier, i mainly keep my focus on 15m during session but always aware of the bigger picture.
THE TITLE SAYS IT ALL SUPPLY DEMAND ... STRAIGHT TO THE BASICS TELL ME WHAT YALL THINK.. they on point or ?? how can this get more descriptive >
1 hr $DATS chart with classic supply and demand zones
EU was a bit crazy yesterday with reacting off of random levels. We could now start to see it range until NFP. Don’t force anything just let the market show its hand and react.
ENTRY- CMP SL- 114 (Conservative) 105 (Agressive) TGT- 210 Price has come near the Demand zone and has touched it a few time. The best thing is 2 Monthly zones and 1 Daily zone are colliding (sign of a strong demand zone) which seems to be difficult to be taken out. Also RSI is showing Regular Bullish divergence Safe ones can wait for Trend Reversal to enter.
Money Makers! ADA has been on a crazy rise the past few weeks. I thought this channel was an interesting perspective and decided to share it. If it fails these levels and BTC decides to correct I can see ADA correcting very aggressively from these levels. I also indicated a couple of S/R zones with the horizontal line to show the next major supports if it decides...
Recent 30 min zones and 4H zones marked. Price broke 30 min zone and created bullish engulfing on 4H rejecting 4h zone. Expecting price to push to 1829.70 but could possibly reverse from one of the 30 min zones. Left side is 5 min chart and right side is 4H.
Just for the overview. Currently bearish in the 3D trend, but with take profit signal. I think we will oscillate between these two zones until there is a break, stood now rather downwards
We have somewhat of a Head and Shoulders pattern at the 50-61.8% Fibonacci Retracement Level. Upon Market Open I will be entering a Short Position with my stoploss above the highs
Starting to map out some key zones that may come into play for Tesla as we move into next week. With news of FSD availability we may see a move up in price on Monday. More detailed analysis to come.
At the moment analyzing Ethereum in my trade, Im in profit around of $1,900 USD that was entry price level to long position, we're ok. Just that today, Etheruem forming a bullish rising wedge, for that, Ethereum could to continue up to $2,400 USD. i'm in profit and I move the SL at $1,827 USD.
Price also dropped for GBPNZD yesterday. We dropped until 61.8% retracement of recent rally. At the same time, there is weekly support around this level so we could say this is an area of confluence support. Also it appears there is a possibility double bottom pattern forming. We could see some rally to the upside if this pattern play out. Buy GBPNZD...
I have been watching this pair for a while as it has been moving back up to test fib levels and structure. I saw it break through the 61.8% fib level and head towards the 78.6% fib level. As it approached the 71.8% fib level it came to a Daily Zone and a Daily Bearish Trend Line. As I saw a new level of resistance form at the Daily Zone and Daily Bearish Trend...
Before I proceed with my view on this chart, I want to believe as a trader you already know the importance of 200 EMA acting as a Dynamic Resistance and Support, we have seen a break-out below the 200 EMA and a steady consolidation just above the SUPPORT ZONE AREA from January, a rejection at the Dynamic Resistance. We saw that price did range for some days before...
Bitcoin has 7 weeks with (3 Closing price and 4 opening price between 35600$ and 35828$ this zone is very important for bitcoin
I see that in Daily timeframe, Tezos it's in this strong support zone. And then, there's a lot chances that Tezos could to continue up to the next resistance of $4.40 USD. For that, will be my perspective in the market for this cryptocurrency. s3.tradingview.com And remember, we look a beautiful trend line up, for that Tezos make a lower higher in this trend...
I have identified a finished zigzag in a long-term wave 4. Why I think the Zigzag is finished and the higher-degree trend is ready to resume? We have seen a waves A and C which clearly subdivide in five waves. The wave 5 in wave C appears to be truncated which is very rare, however, given the wave 3 extreme course, I still give high probability to this wave...