4hr and 1hr TF indicates bearish movement, so we dont want to bet against that for now. We can visibly see the break and retest on major zones and price is on the second touch with the trendline. I feel third touch is going to be right at 169.385, then we can see a bear movement all the down to 4hr major zone at 167.053 Please note this is a personal analysis.
Upward wedge formed on the 4hr and 1hr timeframe. Price tested the wedge for the third time....which can result in two things. 1- Price will go all the way up with bull continuation and form double top indicating end of trend @ 1.72800 2- Price will break the trendline and short all the way down to 1.71000 then retest the trendline for a possible bearish...
Waiting on price to break the range and retest Price could break towards the upside or downside but i have a deep feeling the bullish movement of the USD is about to be exhausted, so i will be looking to short once price break the range.
BTC got the previous high of 70k early March forming a double top indicating a potential change of trend to the downside. Hammer candle stick forming on the DTF could indicate confirmation for a Bear run. Short movement all the way down to 50k and if there a major break on the zone we may see price moving all the way down to 30k That is 26% on the first move...
DOGE Coin is on the downward movement on Daily, 4hrs TF currently. Price will surely get to the major daily zone at 0.1115 and with a confirmation of bullish candle stick we may see price get all the way to 0.1600. If price should break the daily zone above 0.1800, then we can follow the continuation all the way to 0.3400. A total of 212% movement....
Impulse movement on the 12th then range market on Thursday and Friday. Breakout towards the PDH will result in the bullish continuation movement of Gold OR Price could break the low of Friday and retest the zone for Bearish movement towards 1932.20
Trendline towards bearish movement was broken forming bullish movement. 2 scenarios 1- Price could retrace down to 1.31952 and continue the bullish movement 2- Price could break the PDH on the 13th all the way down the PDH on the 14th and continue on the bullish movement Please note this is a personal analysis. Thanks
Price wasn't able to break the PDH during the Asian session. I'm expecting Price to retest the PDH one more time during the opening of London session go bearish or Break the PDH, Retest and go Bullish. Trading the Daily Range Strategy on Gold.
Price could hit the PDL and form a double bottom then move bullish to the major zone at 1.76974. OR We could see a breakout of PDL and wait for retest to go BEAR
Major zone right at 1680 if Price should break the zone, then we will see a surge bullish movement all the way to 1730 Another scenario, if price should give a bearish engulfing or hammer right at the zone, then price may pull back all the way to 1650 the push back up
Downtrend for a while before price formed triple bottom to end trend movement @ 0.62000 Price also broke the zone at 0.63500 all the way up to 0.65500 the back to retest 0.63500. Price could respect the zone and go bullish breaking the zone at 0.65500, retest and move up to 0.68500
Price broke through the resistance zone @ phycological level of 1.15000 Retested the zone and pushing all the way up Buyers are still much very strong in this market
Obvious downtrend on 4HTF Price could hit the trendline and continue down ward Another scenario The zone at 1644.38 could push price back to the zone @ 1681 the back down to form triple bottom indicating end of trend
Do Not Rush this Wait for price to break the support zone at 0.99456 the retest. Bear Movement can go all the way down to 0.94000, though little hindrance at 0.97798 but that should hold it much for the bear market. Another possible scenario; Price break above the resistance at 1.00765, retest and make Bull movement all the way. Where do you think the...
Almost looking like the Gold setup Break of structure and trendline @ 0.63538 Waiting for pullback to 0.63538 then continuation to the upside all the way to 0.64274
Obvious downtrend for a while until close of market on Friday 21st of October Price nuked through the trendline and breakout of the major zone, we could see price either pullback to retest 1642 then move all the way up to 1681 or continue all the way to 1681 then pullback all the way down to 1642. Another outcome could be ; Price move all the way bullish to...
Uptrend wedge formed on the 1hr TF Major Zone right 1.36411, also price is sitting right on the support trendline. Breakout from the zone and the trendline as confluence will ignite the possible bear movement. Also another entry level is right at 1.34993 once price break the zone and retest.
Price broke the trendline right at the support of 0.98565 If price should break through the zone and retest we should see a movement all the wat to 1.02000 Another Scenario - Price form a double top right at 0.98565 then pull back into the trendline all the way down to 0.97000 forming triple bottom pattern