I shared this image because many time I saw this type of patterns in chart but I not take trade but this time I deeply read chart
if any of the upcoming candles break the trend, the price will go to the test support zone (in white), if not, i ll post the second scenario that gonna take the price to higher zones, for now, keep an eyes on it, and take the sell action if the trend got broken!!!
observation : seems like bitcoin has lost steam & could face a sharp rejection if it fails to bounce hard, maybe good time to accumulate shorts?
Thank you for your likes! Please share to benefit our community! Very appreciated! __________________________________________________________________ Historical trend tell us that at the moment the DX1! US DOLLAR INDEX FUTURE is evolving above his past long range and might return to it from next month. The probability is increased when we see that there is...
First thing which we establish depicting the 4hr/TF of AUDUSD are the levels of support and resistance. Our vital Support level was present at approximately 0.63180, following our level of Resistance at 0.68550. Furthermore, @0.63400 we receive an insight of a Triple Moving Average crossover amongst 4, 9, and 18 day charts. Price then accelerates across moving...
These are the last moves (long and short) on EURUSD. Someone asked about the last couple of signals on EURUSD. Here they are. The indicator demonstrated is a visual representation of the Volume Trend Analysis concept I developed to guide some automated systems. It works very well on its own which is what you can see here. You can see some older examples that...
This forex pair price might be uptrend but let's wait for all validations to happen before opening any position.
I would buy now for taking a few pips.