EURJPY reversed from the third touch of the bigger pattern in play and there was a short entry already from the top.
The next best place to enter is after the break of the ascending wedge and a retest. Will update closer to the time,
Trade safe!
Hi traders:
Liking the price action on USDSGD to have a bullish continuation move.
We see price has formed a correction with a double bottom reversal price action.
LTF had a sharp impulse up, breaking out of the HTF correction.
We then see a LTF continuation correction in the making, and price is breaking out now.
Look for buy entries up to the next swing...
Hi traders:
Silver is still in a large HTF structure, and is yet to be confirm the bullish upside.
Meanwhile, lower time frame bearish price action is developing and we are seeing continuations.
Wait for this LTF correction to complete and look for a short term sell down to the previous lows.
Once price reaches there we can re-evaluate to see if we get a big...
Hi traders:
Most JPY pairs are showing further strength and we can certainly expect further bearish price action to continue.
Price showed us a recent double tops, "M" style pattern, and an ascending channel correction.
These are very good bearish price action to have on the lower time frame.
We then see a strong bearish move on the LTF, and we start to see a...
This set up has short written all over it.
1. Diamond pattern- this is often a reversal sign. This could arguably be called a bear flag as well.
2. Although not drawn on this chart an upwedge can be found in the diamond. Also a bearish reversal sign.
3. Down trend line test multiple times since early January 2020.
4. A demand zone that seems to be begging for...
some of the analysis shows its about to breakout long, but watchout for the fake breakout since the volume is not that big compared to previous volumes. buy when the volume is noticeably bigger than the previous volume to avoid trapped on fake breakout. im using trendline and snr for my analysis drawing, ang im using EMA and RSI indicators to help me reach this...
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I've been expecting this fall since 2 months ago and my target is just above 50, there are still very strong support at 59.24, following the bearish Bat harmonica I expect the price goes back up to 64.04 then fall forming an H&S heading around my mentioned target which I calculated following pre-covid data FX:USOIL
Hello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
Hello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
Harmony (ONE) coin is reaching a decision point in its short term consolidation pattern, with the sentiment and momentum being bullish. There are few signs of a reversal in trend, other than the simple fact that it's skyrocketed in price recently. Waiting to see if the breakout occurs. If it breaks bullish, the price target from the measured move to the upside...
Hello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
Hello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
