Hello traders: Here on GOLD, we can see from the previous down move, price has hit the bottom of the higher time frame structure. After price impulse down, it didnt create any bearish continuation correction price action, instead a bullish reversal impulse on the lower time frame. After, price followed through with a bullish continuation correction, good...
Based on technical factors there is a short position in : 📊 SANDUSDT 🔴 Short Now 1.2824 🧯 Stop loss 1.5400 🏹 Target 1 1.1100 🏹 Target 2 0.9000 🏹 Target 3 0.5700 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
The stock has given breakout of all time high and ascending triangle pattern . Today it retested the level. One can take long position.
Hi traders: Most of the indices market are now looking bullish, and here on SPY is shaping up for a nice buy setups. from the previous bearish development, price push down to the higher time frame previous lows, but failed to form continuation to go lower. Instead, price formed a potential double bottoms on the higher time frame, and descending channel...
Hi traders Looking at Dollar Index, we can get some potential USD development and direction in the up coming weeks/months. Here on the higher time frame, since last year of July 2021, price has been in a strong bullish impulse phase to the upside. Many continuation price action along the move up. Now that we have hit the previous highs, and top of structure,...
Hi traders: EURUSD is on route to have some bullish reversal price action on the lower time frame and price could be ready very soon for another up move potential. From the higher time frame, we can see price has now hit the previous swing low, and no further bearish continuation price action. Instead, a double bottoms has formed, and an inverse Head and...
Daily Timeframe Bitcoin Triangle Pattern - Potential chart that can be playing out in the next few weeks. This is typically a bullish pattern so can be expecting a break to the upside. Worse case for the bulls we drop down to low 20K levels. Think it's time to sit on your hands and wait for a clear break out of this range we dropped back into of the past 2+ weeks....
Gold Movement Marked by WYCKOFF STRATEGY, LONG AND SHORT ZONE BY SND. Trade at your OWN RISK, and use proper money management. SHADOW ZONE MAY VARY from different brokers, MARK ZONE AND ADJUST ACCORDINGLY to your own zone for more accuracy. ENJOY!
Hi traders: Also looking at GBPNZD for continuation bearish price action. After the initial bearish impulse from the top of the higher time frame structure, price was on route to break out of the structure. Instead, it started to form an ascending channel like structure, correcting the price within. However, the lower time frame correction is not showing...
Hello traders: Here on ERUAUD, price is not forming possible continuation price action, that could lead to more bearish downside move. From the top, we can see price had a sharp bearish impulse down from previous correction. Naturally, price will have to correct and consolidate for the next impulse phase. WE can see the latest development has a possible...
usoil long wave analysis support and resistance pattern trend
Could this be what we will see for the Bitcoin dominance going into the end of 2022? I have used a fractal from 2017 & 2022 so we can have an idea of the possible downside in dominance for btc. When we did have a serious 50% downside on the btc dominance back in 2017 it only lasted for about 37 days. I know history does not repeat but often rhymes and this is why...
Hello Traders, here is my analysis for BTCUSD. Finally BTC broke out of the sideways formation that it has been trading in for the past several weeks. I didn't bother making a post over the past few days being as there hadn't been any change, but now that we've got some action it's time to prepare for our take profit levels... One question we need to answer...
AMEX:SPY I thought that we broke the neckline nine May, I expected a retest of the neckline, but I did not expect a cross back above. But what caught my attention is that the rallies occur on light (under average) volume. Maybe this could indicate a bull trap. I can not wait for your response and vision on the current market. I wish you all the best This is no...
Hi traders: SOL has been in a consolation since last year in November, and price has not form into a possible structure that could give us a buy opportunity in near future. We can see from the previous higher time frame impulse move, price pushed up aggressively, and has now formed into a descending structure. With a few swing highs and lows, price has slow...
Hi traders: Also eyeing MATIC for the bullish long term opportunity. From the higher time frame, we can see the strong bullish impulse phase from the previous continuation correction. Price begin to form into another consolidation for possible another up move. On the lower time frame, we can see a few good bullish price action. Double bottoms, bottom of...
Hi everyone: Ether is also developing nice bullish price action on the higher time frame, and if the lower time frame develop bullish reversal price action, this can start off the next bull run. After the initial bullish impulse up move, price naturally falls into a consolidation/correction. With a few swing highs and lows, price has created a larger, higher...
Hello traders: Also on watch for the week ahead is DOT. Majority of the bigger cap coins are developing similar across the market. Here on DOT, we can see the higher time frame has formed into a nice expanding structure, correcting for the previous impulse move. The latest development has shown price hit the previous lows, potential double bottoms. Last...