We broke-out of a downtrend and we have been trending up, we just broke a strong resistance and we should be waiting for a retracement back to the resistance which will now act as a support. We can buy when we get our confirmation candle at the support and we can target the nearest resistance as our take profit.
Hello Traders, welcome to today's analysis of Binance Coin. -------- Explanation of my video analysis: After the break and retest on Binance Coin back in 2020 we saw an insane rally of +10.000% towards the upside. Recently BNB then broke out of a longer term triangle continuation pattern and can now potentially create a similar rally. I am now just waiting for...
Hello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 13 years the Nasdaq has been trading in a decent rising channel. In the beginning of 2023 we saw a beautiful retest of the lower support and perfect confirmation so the recent rally of +70% was quite expected. If the Nasdaq now pulls back to the...
Hello Traders, welcome to today's analysis of EurUsd. -------- Explanation of my video analysis: Starting in 2008 EurUsd has been trading in a descending channel for more than 15 years. At the moment EurUsd is retesting the upper resistance of the channel so a move lower is quite expected. Furthermore EurUsd is also retesting previous support which is after...
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: After Bitcoin created the previous cycle high in 2018 we saw a correction of more than -70%. This dip was the followed by a +2.000% rally and a perfect break and retest of the previous cycle high. If Bitcoin - after the recent rally - now retraces back to the...
Hello Traders, welcome to today's analysis of International Business Machines. -------- Explanation of my video analysis: All the way back in 2012 IBM created a major top formation by breaking below strong support at $180 and we saw a significant decline in stock price from there. After we then saw a reversal and a breakout in 2022, IBM is certainly back to a...
Hello Traders, welcome to today's analysis of Intel. -------- Explanation of my video analysis: In 2017 we had a major triangle breakout on Intel which was followed by a +70% rally. Then in 2022 Intel broke major support towards the downside and reversed perfectly at a major previous structure. Since Intel is now back to a bullish market, I am just waiting...
TIMING: Asia - After Equities Open LEVELS: 4H Break & Retest/Head & Shoulders SETUP/ENTRY: 15m B&R on Depletion BONUS: RSI, 2CT
FX:GBPUSD The weekly, daily and 4h are overall bearish, with price having retraced to the Daily key resistance area in confluence with the 50% Fibonacci retracement level. entry is based on the 1h bearish engulfing candlestick at daily resistance and also a break of bullish countertrend, retest and bearish engulfing candlestick structure on the 15 min and 30 min...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: Starting in 2018 Amazon created a decent bullish triangle continuation pattern and after the breakout Amazon pumped more than +70% towards the upside. Then with the 2022 bear market we saw a quite harsh correction and a perfect retest of previous support. If...
FX:GBPCAD Break and retest below daily resistance in confluence with the 38,2 Fibonacci retracement level on an overall bearish structure on the daily, 4h and weekly
FX:EURJPY The weekly, daily are overall bullish; On the 1h price managed to break its bearish structure at the daily low pushing up and breaking above the 1h key support/resistance level and price making a retest as support the 1h key support/resistance area/zone. Entry is based on the 1h bullish engulfing candlestick at the 1h key support/resistance area/zone
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: In 2018 Bitcoin created the previous cycle high which was roughly at the $17.000 level. In November of 2020 Bitcoin then broke above the resistance, came back to retest and started its new bullish cycle. If Bitcoin will now retest the confluence of support...
FX:GBPAUD Retest at 1.93333 Daily support area to continue bullish bias based on the daily, 4h and 1h timeframes. Entry is based on the double bottom reversal pattern on the 30 min timeframe.
Here I have GBP/USD on the 1 Hr Chart!! I've been tracking GU since its been navigating through this Consolidation and with the Negative News for USD today and possibly the rest of the week, I believe we are starting to see a Valid Break of this Falling Resistance to help push GU HIGHER!! I have entered a Sell Trade @ 1.2715 after it had come down, Tested the...
OANDA:NAS100USD retest at 17 439 for a potential push to the upside
FX:USDCAD weekly bearish, daily bearish, 4h bullish, 1h bearish, look for sells below 1.34215 as the probability of the daily and weekly continuing its bearish run will be high
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: In 2018 Bitcoin created an obvious resistance level at the $17.000 level. This was the all time high of the previous bullish cycle. In 2021 Bitcoin then broke above this structure and came back to retest it in 2022. So far Bitcoin is looking very bullish and it...