BNB/USDT 4HInterval Review CHARTHello everyone, welcome to the BNB to USDT chart review on a four-hour timeframe. We will start by selecting the uptrend channel in which the price is moving at the lower border, locally we can see that we managed to get out of the downtrend line at the top.
When we lay out the Fib Retracement grid, we see that the price stayed in the strong support zone from $241 to $236 and has now moved above it, however, when the direction of the price changes and the zone is broken, we still have very strong support at $229 and then level of $221.
Looking the other way, we see a third approach to resistance at $245, then we can see a rapid rise to a strong resistance zone from $248 to $251, when it breaks out higher, we have resistance at $255, then at $261 $.
The CHOP index indicates that there is energy to be used, the RSI is moving in the upper part of the range, and what's more, we can see that downward movements on the indicator give a larger correction than upward movements. On the STOCH indicator, we are approaching the upper limit, which may also affect the upcoming price rebound.
4hourschart
USD/JPY USD/JPY
Time frame:4H
well,i use in this technical analys the ict systems and fibo
we see that blocks on 4h time frame ,there are mitigation blocks that the price retested every time ,
Also,we will wait for a retest of the area between 133.800 and 134.134 ,
If he could penetrate that area with a volume , we can reached the second goal 136.500 ,
otherwise we will comeback to area between 128.000 and 127.500
This analysis remains my own analysis and not investment advice
Uniswap(UNI) big chance that will drop 50% if break this SupportPurple Line = Weekly Support
Red Line = Daily Support
Orange Line = 4 Hour Chart Support
Yellow Line = 1 Hour Chart Support
UniSwap (UNI) is on the way that break Weekly Support level, if that happen UNI has only Daily, 4 Hour and 1 Hour Support Level as obstacle and if we see Daily, 4 Hour or even 1 Hour Bearish candlestick which close bellow yellow line We can expect that price will drop from $14 to next Daily Support Zone on $7 because downtrend is confirm by Daily Descending Triangle too.
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BTC on important zone, Long and Short IdeasBTC is doing a big range, little triangle inside big one has 50% chance to broke upside, 50& chance to broke downside.
Downside broke dont invalidate current trend unless it does a lower low.
Upper red line is 200 EMA DAILY.
Green Line is Range Support.
Targets in blue lines.
Regards and safe trade.
Engineer Alexa.
NZDUSD : LONG TRADE IDEA NZDUSD as been on a longterm uptrend, last week we noticed a pullback to the downside but price has started to move its way slowly back up. Price could potentially return to the 0.67558 resistance level and retest !
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
AUDCAD : LONG TRADE IDEA (UPDATE)We have seen price reverse last week from the lows of 0.88960 support zone, A bullish market should continue till 0.91160 zone as sellers could start opening their short positions to hold the structural level.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
Silver and Gold in the Diamond Formation on 4hour chart1. It is an unusual formation to have.
How to trade it? Well, it is always 50/50 situation.
You basically trade in the direction of the breakout.
2. It is not common to publish an idea for 2 different Commodities however they share the same pattern. That's why I decided to share both of them as the same idea.
Keep in mind they might go in opposite directions though.
Keep tracking it and step in the moment of breakout. That's my strategy on this one.
The General trend for both of them is Bullish but it might break otherwise.
When you open the position for the diamond you set stop-loss above the apex opposite to trade direction.
Remember to drop a like if you find this idea interesting.
Disclaimer
Remember to always Do Your Own Research.
I am not a financial advisor. The advice here given is not financial advice even though my excitement might make it look like such.
You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
GBPNZD 4hours short bias at key level anticipating a fall it will be a good one! The trades i post are the ones i personally take if you follow me long term we will always be in profit as the RR ratio of my trades are set to be in profit even with 31% win ratio, as ive said in my previous posts please do take partial profit at 40 50 pips and lower your stop loss or set SL to break even.
Trend Following and Continuation Pattern on EURJPYWE HAVE BEEN IN A CHANNEL ON EURJPY SINCE THE START OF THIS YEAR, AND IT IS MAKING A PUSH TOWARDS THE 126.00 LEVEL. AS USUAL AFTER A RE-TRACEMENT WE LOOK FOR A FAKE OUT AND WE GO LONG AT THE OPEN OF THE NEXT 4H CANDLE.
ALWAYS MANAGE YOU RISK AND ADJUST YOUR VOLUME ACCORDING TO YOUR STOP LOSS AND NEVER RISK UP TO 2% OF YOUR ACCOUNT ON ANY ONE TRADE. NEVER EVER TRADE WITHOUT A STOP LOSS
Noob sees massive inverted head and shoulders in the makingTitle is self explanatory.
Reading from others and watching indicators I was not confident this bull run would lead LTC to an ATH. But I think it has laid the ground work for the new high.
MACD and RSI are dropping and that is what we need. The further it drops the more LTC will appear as over sold and that will attract buyers. Still believe we will see a few % drop over the next week, but who knows the shoulders bottom could already be in.
Maybe we are seeing the bow string pulling back before the shot. The bears are tired of preaching over the past few months and the whales that make this market have come out to play as seen by the start of this month. Lets see who wins.
Have 'fun' or whatever you want to call trading.
This is not trading advise, never take trading advise from the internet or a noob.
Week 10 possible trade AUDUSD; 4 hour analysis of AUDUSDWe are in wave (iv) of (c) of (b) of Z. Based on fibanoahi levels wave (iv) should be ending (it is between 0.236 and 0.382 retracement levels of wave (iii)). Wave (v) expected to go to a level between 0.77 (38.2% extension) and 0.766 (61.8% extension of wave (iii). After wave (v) we will see the start of bigger wave (c) of Z.
It is preferable not enter for any short trade in wave (v) of (c) of (b) of Z.
Wait for start of wave (c) of z, within wave (c) the entry points are
1. At the level where wave (iii) of (c) of (b) of Z had its peak.
2. At the level where wave (iv) of (c) of (b) of Z had its peak. (Conservative buy)
SL would be below wave (v) of (c) of (b) of Z
TP will be 0.797; 0.81; 0.818
Alternate can be to wait for wave (i) & (ii) of (c) of Z to finish and enter in wave (iii) or when the abc channel of wave (b) of Z is broken.