1w
GBP-USD Deep TA - Part 1/4 - 1WGBP USD TA part 1 from the 4 parts. Overview of 1W chart and establishing key S/R levels. Also , we are stepping back a few steps and overviewing whole trend picture and direction . We’ve got general picture over here and we are heading to the part 2 - 1D charts for the further TA.
Can you see bouncing back from the key S/R levels? In the past same levels played as key levels for reverse of trend .Share your TA and thoughts as well please!
Deep dive for a Gold on the 1W chartsIf you had a look in the previous 1M Gold chart, you still do remember about sell possibility. Like as you see 25,25,50 EMAs taken down already. You can observe some hesitation on 100EMA and most likely after hesistation going to head for the 200EMA.
It is just main observations only and I would like to hear yours opinion and/or TA as well.
Right know we a heading for 1D charts to look closer for “our” GOLD!
Bitcoin ascending triangle 1WCan we entertain that BTC could be potentially be in a huge ascending triangle, the recent dump bounced perfectly off this level and could be a very valid pattern, I’d like to see another touchpoint on the upside before this is confirmed but when this breaks it is going to be massive.
BTC/USDT - 1W - Time to Bounce? Hoping BTC bounces here - price already tapping the blue 21W EMA and also retracing to the 0.382 fib extension.
First green CPR (R1) meets the 100% fib extension. Good TP zone.
Second green CPR (R2) crosses a long term white trend line. Good TP zone.
Third green CPR (R3) taps the 1.618 fib extension. Good TP zone.
Should price break down below the green trend line, look for the 50 EMA (green) and even 100 EMA (yellow) for DCA options.
Come on the Bitcoin.
BCH/USDT 1WAs you can see on the Weekly chart, Bitcoin Cash still has a lot of options in the long run and I definitely recommend adding to the HODL portfolio, as well as Litecoin, which has not yet reached its ATH.
Bitcoin Cash is currently below the Fibonacci retracement of 0.382 and on the resistance wall, if we break through and confirm there will be a BULLISH movement up to the area of 0.5 or 0.618.
MACD and RSI normal for growth
Long-term analysis 1W
Target: 720
Short-term: 801
Mid-term: 885.3
Long-term: 1062.1
STOP: 600
BTCUSDT/1WIn weekly chart you can see what's happened for price.
price is very close to strong support zone (it's possible to see more drop for price) and I don't think we're going to see last top again ( last price ), So I think best time for long entry is on strong support line but you must be aware that to take stop loss under this zone .
It seems that we are at 4th wave of impulse wave (4th wave never kiss the 1st wave of impulse).
According to weekly chart holders and gainers are the final winners of future.
BTC Must hold 3 month long bottom on weekly. We are all hoping that today was the bottom. But $BTC still must hold above this weekly trend line at the end of today (Sunday) and hopefully going forward.
Good luck and trade safe.
Not Financial advice.
BTC.DBitcoin investment has plummeted
The volume of bitcoin is one of the most influential factors in the digital currency market.
Now the trend of investment volume on bitcoin has broken the border of the greatest investment pressure and triangles and even the line of its previous trend.
Now we expect Altcoins to be affected by this and experience a growing trend.
BNBUSDTThe next step is currency BNB
According to the path that he has taken during his life and as can be seen in the chart, BNB currency has formed an ascending channel.
We are now at a time when it is after a great growth and due to the unpredictable behaviors of the market, we can not say exactly what will happen in the future, but according to the factors affecting the technical analysis, we can get closer to the truth. Guess what.
Probabilities;
First - The breaking of the channel ceiling and the flight of the price of the popular Bainance currency, which, of course, some experts have predicted.
Second - repeat the date and copy the trend pattern in January 2018
Third - the collapse of the digital currency market, which of course is very, very unlikely to happen.
44K next week if the actual 61K break out failsProbably this is the moment where BTC will revert the monthly bullish tendency and give us a reverse of tendency. I think that exists a probability to go back to 44K the next week (probably in the half of the week) and check again if the tendency will be bullish or back to a bearish trend.
NTES long term outlook BullishTechnical
NTES is looking very bullish on the weekly,
Currently showing elliot waves cycle on wave 4
Consolidation around this level
Getting ready for that wave 5
Targets 130-140
Again long term - this is a weekly chart the drawings mapped could are months to years out
Fundamental
AI narrative has been picking up steam, expect this one to grow significantly over the next few years
Solid long term play
BTCUSD 1WHello friends
BTCUSD 1W
We are at your service by analyzing bitcoins in US dollars.
It looks like we will have good growth for Bitcoin in the future .
If Bitcoin does not break its support line, we expect Bitcoin to continue to rise.
Please share your comments at the bottom of this analysis
* Bourex *
USDJPY 1W RANGE TRADESRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
Whatever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart ).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility ) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
Clues from the past on EURCHF by ThinkingAntsOkMain items we can see on the weekly chart:
a) We are making a study between the previous corrective structure (yellow lines) and the current one (white lines)
b) We have two precise corrections before the beginning of a new impulse
c) The first one happened on the edge of the corrective structure, in the same way, is happening right now
d) If we have a breakout of that corrective structure (gold circles), we will have a confirmation of the new motive wave
e) Following the previous situation, we can see the 2nd correction above the previous one.
f )CONCLUSION: Currently, we are in the first circle, and we want to see a breakout of it, that will be the explicit confirmation that a new bullish movement is starting
EURUSD 1W 1D 4H TRADESThe weekly chart shows sup/res levels used to take profit levels.
The 4h chart shows entry points.
Bearish trades.
1st sell trade at breakout of triangle bottom @ 1.0663.
1st sell take profit at 1.0560.
2nd sell continuation trade breakout at sup level of 1.0560.
2nd sell take profit at 1.0450.
Bullish trades.
1st buy breakout of top of the triangle.
You determine the entry point.
2nd buy trade at reversal point of 1.0560.
3rd buy trade at reversal point of 1.0450.
All buy trades take profits are at 1.1030 resistance level.
You determine your stop losspoints.
LTCUSD 1W TRADE SETUPS DESCENDING BEAR TRIANGLE & BULL REVERSALChart patterns found on weekly chart.
Entries found on daily chart.
Previous support at 4.75.
1st bearish trade entry on daily candle close below triangle bottom.
1st trade take profit at 4.80.
2nd bullish trade you determine entry.
2nd take profit at 80.00.
CADCHF 1W RANGE TRADESRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
DOMINOs PIZZA 1W BLUG FLAG LONG TRADEBull Flags are repeatable Range trading chart patterns.
Bull Flag chart pattern will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
EURCHF 1W DESCENDING TRIANGLE SHORT TRADEDescending Triangles are repeatable trading chart patterns.
Descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.