Bullish Indications 1) Major Trend is HH and HL being formed in 4h + D time frame 2) Three red soldiers being formed at the moment but could be a small pull back 3) Support = 1786 to 1792 Resistance = 1817-1820 level 4) Parallel channel since 23 Nov being respected 5) Fib Support level of the bull trend since 23 Nov 0.786 is being respected Bias : Long...
Spotted a BEarish wedge plus a reverse cup and handle Entry for this bearish indication or bearish move could be the neck line of the cup and handle plus wedge Plan : Short Entry @ 1783 SL @ 1790 (short stop loss ) TP @ 1776 (previous support)
BTCUSD is now in a boring channel pattern A small trade can be taken with strong resistance and support between 16818 to 16848
#BTCUSD Bearish rectangle spotted where trading is following a rectangle channel The edges of the Rectangle have to be broken in order to open a trade Although the major trend is Bearish therefore the possibility is a bearish breakout from this rectangle but it can also do a reversal Shorting Entry @ 16511 SL @ 16819 TP @ 16200 (Next support level )
on a 1h Timeframe its forming a cup and handle pattern identified which is a bullish indication The neck line is around 1821 area . So Entry should be after the neck line to see if it does a breakout Entry @ 1825 SL @ 1810 TP @1848
XAUUSD reaching a strong resistance of 1800 also completing a AB=CD harmonics pattern The projection is berish and if it drops below 1784 then this can be shorted
Bullish Indications: 1) Dow Theory : Making HH and LH 2) Bullish candles Three soldiers 3) Support = 1779 Resistance = 1794 4) FIB+Chart Pattern = AB=CD pattern completion and now a reversal trend running which exceeded the B point 5) RSI making HH but currently in sync with trend BEARISH INDICATIONS: 1) Bearish Expanding Triangle BIAS: Long Entry...
BTCUSD Bullish Indications: 1) Three soldiers' bullish candles (Dow theory ,making HH ) 2) Next resistance @ 17095 and support is @ 16789 3) Divergence : RSI making a Bullish move , making HH Bearish Indications: 1) Bearish Expanding Triangle pattern forming 2) Rising Wedge (continuation pattern of Bear Trend) BIAS: Long Plan A : Long Entry @...
ETHUSD Bullish Pennant as a Continuation Pattern or a Billateral Triangle The short term movement is Bullish but if we look at major trend its bearish But if we look at RSI and Klinger Indicators ,it is giving bearish signals . So My prediction is that it is going to make a Bearis move Entry @ 1272 SL @ 1291 TP @ 1255
AFter completing the AB=CD pattern the bearish run is visible now. Right now its making a bearish rectangle or falling wedge which means it can continue on the path of BEAR move Until there is clear signs of reversal . I am short on ETHUSD
if BTC breaks the channel of the bullish Rectangle then it could be a possible breakout and an extension of the previous FIB bull run Entry @ 17250 SL @ 16850 TP1 @ 17783 TP2 @ 18253 Tp3 @ 18722
Look slike if BTC breaks the 172500 resistance level then it can continue the FIB bull trend
Based on AB=CD projection harmonics the bear trend will continue GOOG can be shorted based on the projection following should be ideal entry point/SL/TP Entry @82 SL @ 100 TP 1 @72 based on FIB retracement support line TP2 @65 based on completion of AB=CD projection
AB=CD Harmonics Entry @ 1206 SL @ 1150 TP1 @ 1219 TP 2 @ 1240 (Ride the trend )
XAUUSD Bullish FLAG + FIB extension Updated XAUUSD Bullish FLAG + FIB extension Updated XAUUSD Bullish FLAG + FIB extension Updated
XAUUSD Bullish FLAG + FIB extension Entry now @ 1758 TP 1 @ 1765 tp 2 @ 1780