TaherJalili

TaherJalili

We have been discussing this market quite a bit in recent times. Whilst price action is in a fairly clear-cut range and sideways pattern, there are still some solid levels to look for trading opportunities. Price has now moved above the mid-way point of the range and is looking to move into the highs. As the daily chart shows; price formed an inside bar just...

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Price on the AUDNZD has been in a steady trend for the past three months now. As the daily chart shows; price has been making a series of lower lows and lower highs backed with some strong momentum. Looking to trade inline with this momentum with short trades looks the best play whilst the trend lower holds. If price can now rotate back higher into the overhead...

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Second Monthly candle closed below 14k in 12 years and Bitcoin turns 12 years old

TaherJalili

Price in recent sessions in this market has sold off heavily. As the daily chart shows; price has formed some large bearish candles lower with strong momentum. Price has also broken through the recent swing low and support area. This recent swing low could now come in as an area of interest. If price can retrace back higher in the next few sessions we could...

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This market is now in a severe sideways range and windup phase. Since March this year this market has not really moved anywhere of significance, but this windup is on another level. Price has not moved anywhere in over a month. Price has now formed an inside bar on the daily chart to continue on with this windup and it could soon be coming to the breaking...

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Price in this market has recently formed a lower high and is looking to sell off lower into the next daily chart support level. As the daily chart shows; this level has been important in recent times as it has acted as both a swing low support level and also a recent price flip resistance level. If price can move into this level in the next few sessions we can...

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As we have discussed quite a bit in recent times, this market is in a pretty clear sideways range pattern. Whilst that continues to hold we can continue to look to trade both sides of the market. Price has now made a move higher and is looking to move into the range high and resistance level. This could be a solid level to start watching for bearish price...

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Price on the daily chart has now moved higher into the resistance level and formed a bearish engulfing bar - BEEB. Whilst the engulfing bar did not close as strongly as it could have, it has formed rejecting a key price flip level. As the daily chart shows; price has in recent times been trending lower in the short term and this rejection is inline with the...

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As we discussed yesterday, price was looking to move lower and complete a 1,2,3 trend reversal pattern. Price has now broken the recent support level and completed this pattern. As the daily chart shows; price is now making a retracement back into the old support level and potential new price flip resistance. If this level can hold as a new price flip...

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For the last two months price has been trading within a sideways range in this pair. Price has now rejected the low and support of this range and rebounded back higher. Whilst the range high and low key support and resistance levels continue to hold we can keep looking to trade both long and short. The best trades would look to be on the smaller time frames...

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After a large sell off on this pair, price moved directly into the recent major support level. As the daily chart shows; this level has now held and price is looking to make a retracement back higher. Just overhead sits a key resistance level for this pair. It would not surprise to see this level act as a price flip resistance on the smaller intraday time...

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Price is now testing a major daily chart resistance level in this market. As the daily chart shows; price has tested and also rejected this level three times in the past two months. After a large move higher this level looks crucial for where price makes it next leg. We could expect to at least see some resistance at this level and it looks a major level to...

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Price is still stuck within the ranging box that we discussed at the start of the week on this one. Price has now formed an inside bar and we may soon see price move higher to test the range resistance level. Whilst this range and box holds we can look to trade both sides of the market long and short from the key daily levels. If we can see price move into this...

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Price on the AUDJPY is now trying to complete the last leg of a 1,2,3 trend reversal pattern. To see a completion of this 1,2,3 trend reversal pattern lower we would need to see price break lower and through the recent support level. In the last eight sessions price has traded very sideways in a consolidation pattern. If price can now make the move lower and...

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Price on the AUDNZD is now in a solid downtrend on both the daily and intraday time frames. As the daily chart shows; price has recently been forming lower highs and lower lows and breaking through support levels. Price action on the 4 hour chart has now formed a bullish engulfing bar. This engulfing bar could send price back higher and back into the overhead...

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Volume has been Decreasing Since 12th March Crash. RSI Printing Bearish Divergence, Price Going UP (HIGHER HIGH) & RSI Going Down LOWER HIGH) Recently, Bitcoin Printed 9TH TD Sequential + Classical DOJI Candle. If WEDGE Broken Downside, Bitcoin Might test the 9k Area (Strong Support)

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We have discussed this market a couple of times recently and the key daily chart support price was sitting on. When we last discussed this market we highlighted that price had not shown any strong rejection of this support level and had formed small indecision candlesticks. Price has now broken below this level. It will be crucial to see in the next few...

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As we recently discussed with this market; price is crawling higher to make a test of the major daily resistance area. As the daily chart shows; this is a super important area that has acted as both a proven support and resistance level this year. Whilst very aggressive traders may be taking long trades looking for price to move back higher and into this level,...