JureKrasovic

JureKrasovic

On the daily timeframe, we can see a channel formation, which can give us some rather simple trading opportunities. We are currently waiting for the price to bounce off the lower support line, and expecting a bullish move to the upper line of the channel. Waiting for the price to bounce before going into the trade, as the price may break the lower support line and...

JureKrasovic

Starting our analysis on the 1D timeframe, we can see, that a double top has just formed, and we are already in the bounce from the resistance line after the second touch of the top. Now waiting for the latest bearish move to stop, and expecting a bullish correction, or the price to go into a shorter consolidation. This may happen as the bearish price movement...

JureKrasovic

Starting the analysis on the 1D chart, we can see a channel formation. Our strategy here is to wait for the break trough if there are no other clear signs or indications of the direction in which the initial breakout will occur. The confirmation has happened, as the price made a break out in the bullish direction. We believe that it can go further, but do expect a...

JureKrasovic

On the daily timeframe, we can see that a descending triangle has formed after a big bearish move. We are waiting for the price to break out of it, and believe that a break out should happen in the bearish direction, but are waiting for the confirmation. On the four hour chart, a simple channel has formed, and the price has just recently bounced off from the...

JureKrasovic

Starting our analysis on the 1D timeframe, we can see that the price is in a big bullish move after a big bearish move. The bearish move looks to us as a simple zig-zag three wave corrective pattern and can be also identified as the first motive wave in a five wave sequence on a larger degree. The current bullish move can then be expected to act like a five wave...

JureKrasovic Updated 

Starting the analysis on the 1D chart, we can see, that the price is moving up an down without real volatility in any of those directions. To us, that shows the indecision in the market. It has happened after a rather big bullish move. Now the momentum has stopped, and the bears came into the market. On this timeframe, we are waiting for a confirmation for a move...

JureKrasovic

On the daily timeframe, we can see that a few weeks ago a double top has formed. After that, we saw a sharp decline in the price and now we are looking at a possible double bottom formation, as the second bottom is still forming. Waiting for the confirmation of the pattern. On the 4H chart, we can see the formation of ascending triangle correction. Expecting...

JureKrasovic

On a daily timeframe, we can see that the price is approaching resistance line, that has been active many times before, and the price has bounced off it even if it was moving with great momentum. As the price is rising since the end of December 2018, we do believe that it is time for at least a smaller correction move. The resistance line indicated on the chart...

JureKrasovic

Looking at a 1D chart, we can see, that a big reversal after a big bullish move has happened. Right now we are in consolidation, so there is no real volatility on this timeframe. We do however expect the price to break the support/resistance zone, that it is testing in this consolidation. It could retest in a few times, but we are looking for a bearish candle...

JureKrasovic

Starting our analysis on the 1D timeframe we can see, that market has gone in a bigger correction, after a bearish impulsive move. We are waiting for the end of the correction, as it is a sideways move and does not reveal any clear trading opportunities. On the 4 hour timeframe, however, the price movement shows us some action. We can see, that the sideways...

JureKrasovic

We are starting our analysis on a 1D timeframe. Looking to the left reveals, that the price has just recently closed above and bounced above previous support/resistance structure. That gives us an indication of where the price is likely to retract next. This structure also represents a key level, because it is also a 0,236 Fibonacci retracement level. As the...