Potential BUY Position on GBP/USD- 11.30537 Potential target
Hello, Hello, Hello, And welcome back, to Bitcoin Beats. Yes. We got DESTROYED by the Chinese whales. Yes. I WAS bullish yesterday. BUT. I also said NOT to long until we CLOSE the daily candle outside of our resistance line. Because, AND I QUOTE "This could still be a trap here". So I hope you're all having a great day, we have evidence here that we are more...
Hello all, This is just an update from my last chart better representing levels, just in case we continue our bearish trend. This chart, compared to our last, is charted on the daily rather than the 4 hour time frame. We have touched basis with our trend and rejected, if we don't make another move to break out in the next week i suspect we will be descending...
AUDNZD action, in the past 20 trading days, seems to be represented very well on the H4 chart by this descending triangle. Right now, we are having some important upper shadows on the upper part of the triangle, showing that sellers might be interested in getting that range of prices for their short positions. This is a standard trade for traders who have watched...
USDJPY is in a short term downtrend that is highlighted very well by the Ichimoku indicator, with the two fundamental conditions that are in favor of a bearish scenario. At the moment, we don't really have a concrete reason to open a short position: 1. There's no sign of sellers. Just a few bearish candles, but nothing special. Two weak bearish engulfing patterns...
price has rejected off the descending trend line with a shooting star on the weekly chart also a bearish engulfing candle indicates alot of selling pressure in this pair. wait for a retest of support and look for clear signs of rejection before entering a short position
Gold is currently sitting around the resistance zone at a 5 month highs. We are expecting breakout here for continuation or rejection and for gold to fall. If the rejection happens this is a great opportunity to catch a lot of pips on the downfall. This is one we are watching closely at the moment. We will be looking very closely for rejection here or a possible...
Price has reached the top of the long term channel, rejecting the supply zone (blue level) with a rejection candle. From here, will be watching for price to make its way back towards the bottom of the channel to the highlighted zoned below..
price is showing signs of rejection of the resistance level, also the dollar is looking weak across the board DXY
During this couple weeks, #GBP pairs were very dodgy, being influenced a lot by major news, but as i said, trading is 90% technical, the price started fixing the huge volatility and gave us a new perspective of a new channel. The rejecton was very beautiful and now the price is preparing to touch the current trendline, touching also and intra support&resistance....
USDCHF reached the top of an ascending channel that we've been monitoring for the past 2 weeks. Sellers had a nice reaction, with a shooting start, followed by a bearish engulfing pattern. Risk to reward ratio is very good for this trade, so it's worth a try. A complete analysis of it is available on my last video on my YouTube channel.
Price made a huge bullish move into May 2019 High Region. On 1HTF, price made a few rejection candles in this area. Price made HH, about to retrace to make HL
The chart is showing up 200EMA indicator . This idea displays an unavoidable scenario which bulls are doing their best to stop it. BTC will drop to $5000 in the following weeks (2). On the other hand the volume is decreasing, which supports the idea about sideway trading = further price crash . Open shorts whenever you got a profit (even if that's less...
Ok, this is not an ordinary trade, so let's start from the analysis of what is standard in this chart. There is a very standard pennant, with the price that is forming lower highs and higher lows. Elements for a short positions: 1. Pennant after a down-movement, breaking a tight range that lasted for nearly one month (bearish chart pattern, in this case); 2. I...
BTC SAME SCENARIO EVERYDAY, LOOK HOW MANY TRENDLINES EVERYDAY, IF YOU DRAW ALL THESE LINE YOU CAN TRADE WITH A WORKING STRATEGY. PEOPLE THINK THE CME GAP AT 7.8K WILL BE FILLED BEFORE MORE DOWN, TECHNICALLY THIS IS NOT NEEDED, SOME GAPS CAN TAKE MONHTS, SO IN CASE WE GO HERE PLACE YOUR SHORT AT THAT LEVEL. indicator used: DIP DETECTOR (RED DOTS, ALERTS WHEN...
People really was longed the breakdown of trend line at 7.3? REALLY? HERE THE SHORT SIGNAL, NICE PROFITS. Indicator used:
BSE:SENSEX has recorded a All Time High today(26-Nov-19) but it was rejected by a trendline that extends from August 2018 till today. If this trendline is broken on a daily closing basis then I am expecting SENSEX to continue to the upside.
THIS IS THE SCENARIO I AM LOOKING 3.2 SATS. Indicator used: