GBPJPY: Market is reacting off a resisting zone and hitting 61.8 fib level, we could be looking at a potential AB=CD harmonic structure forming, I'm expecting a push to the downside since we got a break of local bullish structure.
Bitcoin is currently struggling at the ascending channel's midpoint and will be in the R/S zone, which is an important key level for bitcoin against the US dollar at 22700 to 22300. According to the chart, another leg will be pulled to 29000 to 30000 USDT.
There is a "narrow" candle just before a downward "STRONG" move! Since it took only "1 hour" for the price to pass through this prices, there might be still some inactivated orders there! Also some economical reasons has moved the market from the zone that might still be authentic. The price has perfectly gone far away from the zone. the Higher time frame is "...
Strickly based off of technical analysis here. Price did hit and touch the daily support zone for a double bottom. Price came back up to the trend line resistance area. I would look for a reaction off the trendline and confirm a move downward. 1 Hour chart showing resistance to that area. 15 Minute chart showing that selling pressure. If price can fully...
The market lost the support on 2460$ and retested as new resistance before a new bearish impulse until the monthly support on 1800$ The price is creating a pennant on the 4h timeframe, and the market created the demand zone on 1800$ How to approach it? IF the price is going to grave new liquidity from the demand zone, we can add in our watchlist in order to...
GBPAUD day up trendline is located in the demand zone , the price is above than the ma .good luck
EURUSD stayed below 1.1500 resistance zone. Look for selling opportunities towards 1.1240
GBPCAD Day sell in the Supply Zone needs, Trend line down if you find this analysis useful, please support me with your likes and comments. If you have another analysis on this pair, please share it in the comments. Good luck
I found this trade using the Confluence Zone - There is the Resistant before the price went down - Supply Zone that Breaks the structure to the Downside (Mini QM level) - Using a Fibonacci tool to find the POI (Measuring the range of the price) Enter the trade using RSI Divergence . . Waiting for The market reaction (Follows the plan)
The Rand ran it up the past few days, A few doji's before and during the rally are signs of it getting weaker. So Price can either nearly touch descending trend zone, or bounce down & continue. All in all I'll be watching diligently for some solid confirmation in candle play around these zones. What are your thoughts?
BTC has been trailing off for a while now in conjunction with the equilibrium range. We are expecting a corrective to the yellow zone above and are anticipating a continuation down to the larger more significant yellow zone below which acts as an approximate target. BTC can be extremely volatile with large swings so please be aware of this before trading. The...
gbpjpy has breaken my trend line and formed a retest from the bottom so it an good oppurtunity to sell and hold
This is an idea that uses Pivot Points, Fibonacci, Fractals, and Momentum to attempt to predict "zones" where the market may pass through. Typically used on faster chart times, but this example shows a 15 min chart for demonstration purposes. This idea has been used on ES, NQ, RTY, YM, and their related micro futures products.
Possible price retest of complete zone before heading back up, or break bottom of the zone. Looking at a potential long setup!
PAIR: GBPJPY BIAS: LONG Here is a simple long setup idea based on the Break & Retest strategy.
Pair has been in an established uptrend and has broken through another resistance level cleanly...all I'm waiting for this setup is to see bullish confirmation at zone to get into a long position
There is a great opportunity to buy EURNZD. R/R: 3.5