Today’s analysis – ETHUSDT – trading at a very pivot where a bullish expansion is probable, Points to consider, - Price Action Corrective - POC Support - .618 Fibonacci Pocket Support - Daily S/R Support ETHUSDT’s immediate price action is trading at a key support region that is in confluence with the .618 Fibonacci, POC, and the Daily S/R – allowing for a...
Hey guys it been a while on here ,I miss posting daily analyses , but we back and currently we looking at gold for the past two weeks price been on a downtrend and so the trend id over and buyers are taking the new lead , i will be looking to buy gold till 20k,we could see gold reach this point 1956.3 if gold breaks through 1900..
price rejected off 1.72850 on the hourly and a strong push down followed after to support 1.70900. price started to consolidate creating a lower low and is now pushing down to create another leg.
Head and shoulders playing out on the 4hr tf. price is in retracement and just bounced off the 0.5 price may retrace 0.88700 since it is next to the trendline.
EIGHTCAP:BTCUSD I'm currently in this trade to the long side for the majority of the overall move (12 R) , but there's still a chance to capture the potential 4 R trade to the downside. I'm expecting the bulls to push the price up to the pre-break level and take out that imbalance before making a move back to the downside and test previous support, both of...
Hey there trading family, just wanted to drop a few transparent pieces relating to any recent posts about #DXY. As I mentioned, I am overall bullish on the #dollarindex due to numerous reasons I explained in the videos. This mark up on SPX was on of the chart ideas I had from this previous week and my long term analysis was correct! So going over this trade, I'm...
Audcad is heading downward after rejection of 4hr. Head and shoulders pattern seems to be in play in a bigger picture of things and the current bearish pressure is coming from a 3 top rejection of the trendline. 2:1 RR
Beautiful Head and shoulder patterns is playing out. price retested after breaking the neckling and is now continuing the pattern. if it closes belor strong support of 68300 then we can expect a full ride down to 66750.
nice buy happening right now. usdchf failed to make a right shoulder for a head and shoulder pattern and price is giving a nice hourly bulling candle bouncing off 50 ema showing good trend strength.
price has obvious bearish structure. nzdusd made a head and shoulder pattern and created the head which rejected off the last lower low 62500. price broke the head and shoulder patterns and seem to have just retested before continuing the head and shoulders pattern. price may create a double bottom at 62000 and go up. i aimed for a 1.5 rr to be safe
If AudNzd creates a doji at this 50 ema then i expect price to head upwards in direction. the 50 ema is acting as strong trendline. Price also just bounced off the weekly 618 fib retracement line. We may see some activity around this around before making its move.
After a review of my prior analysis, bitcoin could be in the final 5 wave structure. Locally could have completed a 2 of 5 of a higher degree 5th. Happy to be wrong but there appears to be some signs of strength for another push.
Long taking place now. bullish structure on 4hr tf, also a inverted head and shoulders is playing out. price broke resistance and neckline 1.35400.we also have good ema flow.
Evening Traders, Today’s analysis, BLURUSDT, trading towards its range low, holding and consolidating will be a bullish sign, Points to consider, - Price Actin Corrective - Daily S/R Support - POC S/R Support - PA Rotation BLURUSD’s immediate price action is corrective and is at an area that has technical confluence with the .618 Fibaoncci, POC and Daily...
Well, as any other person, I would also like to take a time to give a pat on back since we have hit our targets in BTC. 25K is done. Now what to expect? While there is increased trading activity due to some events, its still not looking overlay positive for BTC in long run. I expect it to face resistance here and fall back to see if there are whales willing to...
BTC has tagged the previous weeks higher exactly. An ascending triangle pattern in the short term is forming. The HTF key area is holding as resistance where price is attempting to break through, this is the 5th attempt during this HTF range.
Evening Traders, Today’s analysis – GMTUSDT- trading above a key support region where a rotation towards the range high is possible, Points to consider, - Price Action Impulsive - Bullish Retest Zone - VAL Support - Daily S/R Support - Range High Objective GMTUSDT’s immediate price action rejection from its POC and is now finding support at an area that...
Evening Traders, Today’s analysis – SANDUSDT- trading towards a key resistance area where a rejection is plausible, Points to consider, - Price action impulsive - Int-Daily S/R Resistance - .618 Fibonacci Resistance - Deviation SANUSDT’s immediate price actin is trading towards a key region where there is resistance confluence with the int-Daily S/R and...