Nifty is in uptrend it is following a parallel channel.
AUDJPY is reversing. The pair set a lower high and lower low on a daily breaking a solid support. It looks to me as a classic bearish reversal pattern. I expect a bearish continuation at least to 89.6 target level. Please, support my work with like!
Hello Traders, here is an example of how to trade a "WV" pattern which given the right conditions is a high probability trade setup. I'll let the chart speak for itself, however here are some key notes. A "WV" pattern by itself is a strong pattern, however its best to find setups which combine multiple factors. In the example above you have 2 strong factors: 1)...
🔘Broke the structure on the daily timeframe 🔘Downtrend on the 4 hour timeframe If we break the red level on the 4 hour timeframe I think we we'll go a little higher before drop, but if we break the red level on the daily timeframe, the analysis becomes invalid🙅♂️
Shwatup doe! Hope you are healthy wealthy and blessed <3 It is a wild and beautiful day in the world of crypto, I hope all of you are experiencing it in joy! Now here we are looking at ALGO on the daily time frame, zoomed way out so BIG PICTURE ya; and what do we see?! ⭐️ I have been simply drawing trend lines on this chart throughout the past month or so...
This is a liquidity grab bitcoin is coming down to 25,500, which in turn will also dump the alt coin market...happy trading
I see Bitcoin moving accordingly so far. On my daily chart, RSI is just getting to 30. And Bitcoin is still above the 200 Simple Moving Average so it has room to come down before a bounce as it always does with these chart patterns. Thus, I still see no need to panic. Only opportunities to accumulate or get in.
Based upon projections it looks like two measured moves are soon to play out, based on the 1 hour time frame, 1st projection $1, second projection 81 cent
The bears have been able to drive this market downwards at steadily lower up swings. And conversely, the bulls have not been able to drive this market past its previous swing highs since August 2022. Although this chart pattern and price action behavior is suggestive of bearish dominance in this market. Although the price is trading below the key EMAs. The...
NASDAQ:RYTM This stock seems to be following a textbook Wyckoff market cycle and appears to be transitioning from markup to markdown. Mid May was the beginning of a multi week base building/accumulation On June 16-17 we can see the "spring" that preceded a huge markup in prices. After that a sharp rally in prices into the $11-$13 range that formed a...
As we can see firstly we got bullish trend, then cup and handle pattern, and three tops on monthly chart. Waiting to break up the Res Zone 1 and buy, or waiting to break down to Res Zone 2 and breaks it up to TP Zone 1 or TP Zone 2. How do you traders see the monthly chart goining to? I will be happy to reads your comments to learn more from you all.
CGPT 1H showing extremely bullish breakout imminent after .20 floor held. Next .31 and beyond. Triangle with Falling Wedge, RSI, Vol, ect.
Currently retraced to under.18 on some exchanges earlier, a bit more to go before a break or full retrace to around .11-.12. Monthly token unlock a probable cause of a harsh correction before rise to .31 as well as a BTC correction before 30k. NFA I'm looking at the .17 and .12 for additional entry and exit at .42 if momentum keeps up
New trend direction soon. Very bullish but could fall any minute, likely due to current red BTC day chart. Could launch one last time to touch .30 to start. 80 cent to dollar target if .30 hits and holds. Bullish overall because of proactive exchange listings ang real world planned events attended by team.
We have managed to close out a month above the 50% retrace at 414.04 drawn from 2022 high to low. This has been a key area to overcome. We are clearly now above the 405.11 POC area, and this month we cleared another high volume point at the 50% retrace line (414.04). The low points in September and October 2022 touched and repelled off the lower 2 sigma line of...
If you're looking to buy, this is the perfect time to consider. Use proper risk management. Disclaimer: Before engaging in any Forex trading activity, it is important to understand that Forex trading carries a high level of risk and may not be suitable for all investors. The foreign exchange market is a highly volatile and unpredictable market that can result...
COINBASE:BTCUSD This is a very early Bullish Shark on High time frames. This is just a fun idea for now. I'm curious if this will hit the 1.618 at the top on the B-C leg. If C is the pivot point, were going to retrace all the way down to the 886 or past to 1.13 to 14k. One last dump before the pump. Thanks