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15m

AUD/JPY: GARTLEY & SUPPLY ZONE BEARISH SETUP 15MAs you can see above, the latest swing high at 93.636 was just a few pips away from completing a gartley pattern. Price is currently printing HH and HL indicating an uptrend, and providing a possible scenario where we could see price make a final stretch completing the gartley, and testing the supply zone before making a stronger reversal. Also, price has completed a bearish bat pattern to the T (seen on 4H), confluence with a strong supply zone, which provides extra confirmation of a possible downtrend. I have highlighted an immediate demand zone where we could see price retrace. Please refer to the description in the analysis for information on this setup. Feel free to comment below for any questions or suggestions regarding my analysis. Thanks MaiTrader
by Trader_Mai
Cracking Low Becomes Fake, Short-Covering Occurs ?I think as follows. It is not "Turn of Buying" by looking at Weekly. but... there is a possibility the buyer is waiting at 107.40-00. It is said many times, but I prepare for the movement of short-covering. Recovery-High of decline is 108.73 / 75. After breaking there, it's not too late that I switch to buy. Because it has been resistance twice in "SellZone-C", I think deployment of long on short-term will occur by missing in the resistance. (1) Weekend was closing lower. First it might lows attack. I am also assuming that cracking lower becomes "FAKE". (2) thanks
by shuyatake
2
BTC 15m analysis (short term view)Out of sheer demand for more short term analysis, I thought I would take a few minutes & dissect the 15m chart today. Just so you all understand, my personal holdings are relatively limited and because of this fact I am trading my account off the higher time frames. Full disclosure - I am currently still long 1/3 of my buy at $459 per my published posts and don't have any plans to liquidate that over the short term. Indeed, I would consider pullbacks as buying opportunities going forward. Regardless, for those with deeper pockets and can make money on the shorter term swing setups, here are my thoughts. 1. Nice double bottom within double bottom long setup here at 640. 2. Initial targets (OTE short sweet spot) hit. Consolidation post OTE short sweet spot tag setting up next trade. 3. Break of recent trading range (noted on chart) will lead to next trade. Momentum/Volume currently support long resolution. Should that occur, target will be top of trend channel and serious test of previous highs. If trading range fails targets will be serious test of original bottom at/near $640... Cheers all and I hope my simple analysis is of benefit... If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 & follow me on Twitter @CRInvestor
BITFINEX:BTCUSD
by CRInvestor