niktraders

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! GBPUSD : the price braked a parallel channel and then a pullback to the channel is seen. at the same time, the price enters an important support zone . a bullish wave is expected. please...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! EURUSD : After a consolidation zone, the price moved up strongly to the upper line of the parallel channel and reacted nicely to it. Now, a pullback to the support zone is seen and at the same...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! EURGBP : my last analysis is here: the price reached the lower bond of the parallel channel at the same time, it entered a strong support zone . Also, we see a divergence between MACD and the...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! AUDJPY : the price braked a neat parallel channel and I expect further bearish movement. please note how the price moved in the ascending channel that shows weakness of buyers. Our first target...

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you can buy USDCHF at showing zone for a good reward to risk ratio. the SL and TP are shown on the chart.

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! GBPCHF : the price reached the upper line of the parallel channel and a bearish movement is possible. Failure analysis condition: Although the price reached the upper line of the channel, the...

niktraders Updated 

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! XLMUSDT : Possible elliot count was shown in the chart. please note that at wave 5 we have an ending pattern with a divergence between the price and MACD oscillator. the evidence support an...

niktraders

Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! GBPUSD : the price breaks the parallel channel and I am waiting for pullback to go long. a valid support zone is shown on the chart, I am waiting for a correction to go long with the upside trend.

niktraders

Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! the price reaches the top of parallel channel, and meanwhile there is a very important resistant zone. you can see this resistant zone from the chart below. A divergence between the price and MACD is seen at...

niktraders

Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! first: The crude oil price reaches the upper line of parallel channel. the zone is good for selling. second: we see a divergence between the price and MACD at the top of the channel. third: a harmonic pattern...

niktraders Updated 

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTCUSDT : bitcoin was printing a descending wedge and meanwhile, a divergence between the price and MACD was seen. the price reacted to the very important support zone and then, braked the...

niktraders

Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! GBPUSD 4H time frame: the price reaches the upper line of the parallel channel, and meanwhile we see a divergence between the price and MACD. the divergence support the dynamic resistant as the upper line of...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! EURGBP : the price reaches the lower line of the parallel channel at the same time, it enters strong support zone. A divergence between MACD and the price supports the idea of possible upside...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! AUDUSD breaks down the channel and moves down an important support zone. you can go short now or wait for retest this support zone. I think it is good opportunity to short AUDUSD.

niktraders

LTCETH moved in the parallel channel and now, the price breaks down the channel. please note how the price fell rapidly and severely before the consolidation zone as a ascending channel. So, we can see this parallel channel as a flag pattern and we expend further downside movement.

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTC moved in the ascending channel. the price pattern looked like an ending channel and I waited for downside breakout. Also we see a divergence between the price and MACD. that is another...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! Please first read my previous analysis from the below link. USDT.D moved in the descending channel and reached a strong support zone. Also, we see a double divergence between the price and...

niktraders Updated 

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! USDT.D : USDT dominance shows us investors inclination to change their coins to USDT, and vice versa. here we see a contradiction between BTC chart and USDT.D chart. USDT dominance shows a...