Hi traders ! As you see in high timeframe, we are in a Descending channel(red lines) ! Now at the top of this descending channel, price formed a price action pattern ! triangle ! now we expecting more downside after a pullback ! be notice that this pullback can appear as a trading range ! good luck ! ;)
EURUSD is still extremely bullish because the price is above the 200-day daily moving average and also above the major white trendline. Trend is your friend, so we want to take only longs! The price is also inside this ascending parallel channel, and I expect another push to the upside to test the upward trendline of the channel. It's possible to bull-break...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Volumes continued to decline, and the price failed to renew tops. The asset chart formed a descending triangle. RSI is moving in the bearish zone. I believe that the price will continue to decline.
Here we have a bearish triangle pattern that breaks out of the support floor at 1813 confirming the bearish signal and we have a bearish down to the range of 1710-1625.
Link is forming a descending triangle and current daily MACD is bearish
PYPL has crashed downwards and the downtrend continues. After a massive descending triangle, price is now coming back to retest the resistance and forming a bear flag. I am looking to short the break of this bear flag, perhaps combined with a double top on the resistance if possible. But shorting is very risky, I can think of doing it with: Naked Short Call...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are...
Weekly Chart Axie Infinity BINANCE:AXSUSDT is in indecision position around 6 It's under descending trend line and have a support at 5.7 Daily Chart AXS's in uptrend and rejected level 6 some times. So I think it'll retest the resistance around 6.4 Just wait
Ascending Triangle Breakout - This stock about to break - Height of triangle can be taken as target SL- 160
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance zone and started to fall to $237 support level, thereby breaking $242 resistance level. Also then, BNB started to rise inside from rising channel, where it broke $242 resistance level again and even made fake...
BITSTAMP:BTCUSD continues to form a global ascending price channel. The actual counter-trend correction at the moment does not indicate any change of trend, an adequate reaction to the strong resistance area formed back in 2021 is being formed. The price on the daily chart is forming a local support line 28850, a pre-breakdown consolidation and false...
I have possibly captured all inputs for the trades taken. Please feel free to comment for any clarifications/suggestions. 1 & 2 in chart indicates 2 trading opportunities with their analysis. Trade Opportunity 1 - The market gap-up happened. so as per the trade plan, I was looking to short at the marked levels in the Trade Plan, but as there was no entry...
Trade 2 Entry setup --> Options chart Price Action Entry Setup in detail explanation, This is a continuation of 1) Entry based on 1 min Timeframe price compression breakout, target and SL are marked. 2) In confluence with RSI divergence and Reversal candle priceaction in 5 min adn 15 min timeframe.
An extremely curious situation with two patterns formation in a downtrend. When the wind changes, we can get x35 from today's levels, sir. I'm in!
Curious as to what others think. Day, weekly, charts both. Thanks for taking a look and a y feed back. Im pretty new to this.
Litecoin is pulling back to 100MA support when it seems likely to bounce and resume bullish. ⚡️⚡️ #LTC/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (3.4X) Amount: 5.0% Current Price: 93.07 Entry Zone: 92.71 - 88.49 Take-Profit Targets: 1) 103.31 2) 112.87 3) 122.44 Stop Targets: 1) 79.97 Published By:...