Bearish Rising Wedge!!! Ethereum nice analysisWaoh, we see a beautiful trade position. So guys, as I mentioned in Bitcoin, I closed up the position on Ethereum/Dollar today because Ethereum was formed a bearish risign wedge and right now, we see that Ethereum it's so bearish toward the $1,000 USD again before to continue up to touch the maximum history price that are $1,400 USD. Now, in H2 timeframe there's an interesting good opportunity to short Ethereum to find down approximately 17% of earns if I compared this with using the barish rising wedge base to measure it and know the forecast average.
In H8 timeframe we see that Ethereum for far away it's turn more bearsih and then, we can to find up a good opportunity of trades. So, in that case I like to analyze a lot Bitcoin and Ethereum as my principal pars of cryptocurrencies.
And in Daily chart, we hope a correction as we see in short term at H2 timeframe.
So guys, I put a sell order limit at $1,250 USD with a SL at $1,320 USD and obviously my target will be the $1,050 USD, and that it's it based in my critical point of support to look out.
Guys, if you like htis idea, please give me a live, hand up and repply this information for others traders to have another different idea to share it.
Bearishrisingwedge
National Lockdown in Great Britain; covid-19; short positionIn this analysis in H4 timeframe, we have a confirmation of price action reversal of the trend. Well, as we see a good opportunity to short GBP/USD. Based in the speculate news we see that Pound it's goes to bearish trend becuase Pound was sell it based in the bad news that U.K. Prime Minister Boris Johnson put lockdown today in United Kingdom for the over number of more covid-19 cases.
So, that it's so interesting to look this position and we see a bearish rising wedge.
Ok, I put a sell order limit at $1.3610 USD with a SL at $1.3680 (70 pips) and a target profit at $1.3360 (250 pips)
And looking this Daily chart, obviously, Pound end today with a bearish reversal and that show that this week, Sterling it's not have good news in Forex sepcualte news if you see in investing.
That it's it
Good luck!!!
Ethereum still bullish!!! At the moment, looking this chart we see that Ethereum still bullish in Daily specifically.
So guys, at the moment, putting any short position it's not be reccomend because the trend it's your friend and many people have problem to know it.
As we see that Ethreum formed a bearish rising wedge in H4, notice that we can't to entry short for what we think, did you know, based in our plans becuase if we see any short position, Ethereum need to break down the the $690 USD to consider a short position toward the $622 and $585 USD targets to consider any short position
The only update it's to change the break even at $695 USD
Ethereum show a double top in formation!!! Good idea to short!!!Ok, I reccomend to closed up our long position because Ethereum could have the possibility to drop toward the $525 USD.
The H4 show us the same bearish candlestick formed in the past hours to short Ethereum. Also, the MACD show a sell movement continue. So, I hope a short entry below of $590 USD to then, short Ethereum!!! That it's my plan. Also, Ethereum show in H1 the same bearish rising wedge as Bitcoin do. But I don't want to pay relevance of it, I'm intraday trader. But now, we see that H4 turn bearish to sell Ethereum.
As I'm short Bitcoin at $19,100 USD and that it's my price that I hope it.
Alert: Bitcoin can't to hold the $19,000 USD!!! Sell!!!Looking in H4 in the past hour the recent candlestic fored a bearish pressure, that mean a sell for institutionals and investor and maybe, a good idea it's to put a sell order limit at $19,100 USD with a SL at $19,600 USD and my target profit will be $17,840 USD. Also, looking the MACD, it's show sell scenaro and maybe investor are selling Bitcoin right now. So, I reccomend to closed up all position in cryptocurrency and get your own profit in NEO, Chainlink, Ethereum and Bitcoin because we are in possible sell scenari to maybe find down levels of $18,000 USD.
So, this is the details:
1. Position : Short
2. Price Entry: $19,100 USD (Sell Order Limit)
3. Stop Loss: $19,600 USD
4. Target Profit: $17,840 USD
And right now, lookin in H1 timeframe, in hours of the Asia session in Sydney or Tokio, Bitcoin in these hours make a pull back to confirm the break up of this bearish rising wedge that form in this timeframe. So, we can see that Bitcoin could to activate a sell order limit at $19,100 USD as another trying to the bulls make a higher but remember, bears are here right now and not all, the price action talk us.
Now, so I believe that Bitcoin could form a possible bullish channel in H4 timeframe. Or maybe a possible re-accumulation chartist pattern to see it!!!
Updates: Bitcoin has the confirmation to going bearish!!!In this updates we see that Bitcoin has formed a 4 kind of chartist pattern, the most common is this simetric triangle that Bitcoin form today and was break down with a manipulation and that said that bearish are dump the price. Also, in this timeframe we can to see a bearish riisng wedge and then, we see a good entry, as I entry approximately near of $13,000 USD. The trend is become more bearish to touch the $12,300 USD as the Daily confirmation!!!
Don''t recall these image on H4 and Daily, the expecative is continue bearish. But looking the H4 we see a bearish rising wedge formed, and then right now we can to see a possible confirmation to entry to short posiiton!!!
So guys, if you like analysis, please hand up to share this information!!!
Short Opportuity: U.S. Dollar/ Canadian Dollar bearish signalIn this analysis, we see that trend is become more barish than bullish. Right now, we have a bearish rising wedge and that chartist pattern mean that the next movement is goes to be bearish. That is the H2 timeframe and I detect that we could see another short oppotunity to find down 200 pips.
I see in H4 timeframe that was just a consolidation, but this consolidation is peak us in H2 timeframe based on this bearish chartist pattern that we see in our eyes.
Well, I put a short order limit at $1.3150 CAD with a SL at 29 pips and my own target will be 200 pips.
Based in the U.S. Dollar fundamentals, we see that Dollar is hols gains as uncertainty weighs on market sentient on the vaccine woes. But I do not surprise on this specualte news because we're going to down and maybe, that not cause a notable impact for me. Because the thing in United States is become so seriously situation on the covid-19 and the issues on the U.S. government on the aid financial for the american citizenes!!!
That basic fundamentalss put an U.S. Dollar in risk.
Fundamental and Analysis: Restrictions in the UK labour market In this analysis, we are shorting Sterling Pound with a great opportunity of 240 pips.
In H4 timeframe we see a bearish riisng wedge of continuation of the bearish trend, as in Daily in medium and long term tha thing is not goos on all.
But, right now, in H1 timeframe we hope a short entry at $1.2970 USD, that is my exact price what I hope to entry with confirmations!!
Also guys, if you want to read the fundamental keys, I suggested to check out the Euro/ Sterling Pound fundamentals key updates
Also guys, I want to created a special session forr this par GBP/USD to know the key fundamentals in weekly and monthly to know the trayectory and where Sterling Pound is leading it.
Alert: Bitcoin is showing bearish conditions!!!
Bitcoin show in Daily timeframe a consolidation on the trend. Right now, if you look out in H1 or H4 timeframe, the trend is become bearish if we applied the EMA 200, so that mean that Bitcoin is below of the EMA 200 in H4 and H1 timefrmame, that sign turn bearish!!!
Now, as we see a consolidation, we could proyect a formation of ABC pattern what Bitcoin is leading to the important support in Daily at $9,000 USD, that is an important support. Now, right now the key support line was candelled because is applied on the simetric triangle that Bitcoin formed in Daily timeframe or H4 timeframe.
And right now, in H4 and H1 timeframe too, we see a bearish rising wedge and we expect a possible entry around of $10,600 USD in average to make a short position until the $10,165 USD. If you apply the EMA 200, you can noticed it that BIitcoin is below, and that mean that bears are taking the control to leading the bearish sentiment of crypto-markets.
In minutes, I will going to analyze Ethereum!!!
Ethereum formed a bearish rising wedge!!!In this analysis, Ethereum is break down the bearish rising wedge and right now, it's seem that Ethereum is making a pull back before to down!!. That is exactly in the H1 timeframe.
Lookin in the H4 timeframe, we are in this support and resistance, well, well, in the past Ethereum make an resistance and drop, then break up the resistance and confirm as support, then Ethereum break down the support and we are in the possibility to see a resistance in the higher to entry in the good short position!!!
I believe that Etheeum needs to make a little correction to the $333 or $320 as possible target profit as we see in Daily timeframe.
But, I just pick up some earn in Ethereum and Bitcon when yesterday putting in long, but right now we see that the perspective is so different!!!
Fundamental and Analysis: Sterling Pound is steady today!!! NewsIn H1 timeframe, Euro/ Sterling Pound is into this bearish rising wedge, that is amazing chartist pattern to pick down a good profit in this par!!!
Also, in this organge arrow, I have a cautions with a possible and soon bearish movement soon, because we need to find a sell of Euro about the specualte news + technical analysis.
Watching the H4 timeframe, for long term is bullish into this demand zone that Euro want to reach it.
In Daily we hope it a possible retest in the demand zone again in the yellow zone.
Euro's Fundamental Analysis:
1. The Spanish Trade Deficit surprise unable to shore up Pound Euro Exchange Rate.
2. A surprise fall into deficit for the Spanish Trade Balance was not enough to keep the Ppund Sterling to Euro exchange rate from falling.
3. The Spanish Trade deficit was a negative -31 billion of Euros to the deficit instead.
4. The conditions on the Spanish economy materially was weakenes at the start of this third quarter, casting fresh doubt over the odds of an inminent economy recovery.
5. Euro is sensitive to European Central Bank as ECB president Christine Lagarde may put some pressure on the Euro.
6. Lagarde talked down the impact of the Euro on the monetary policy at the ECB's september meeting inestors are wary of the potential for any shift in tone.
7. As long as the European Central Bank appear on track to introduce fresh monetary stimulus measures before the end of the year this could limit the upside.
8. Euro to Pound Exchange Rate Stead as European Central Bank urges to very carefully assess Eurozone Economic Data
9. The Euro is range bound again the Pound today after Christine Lagarde urged the bank to 'very carefully'' assess the Eurozone's economic data as the bloc struggles to recover.
10. Euro's investor are remaining cautions as the Eurozone's economic future remains uncertain.
11. The strenght of the recovery remains cautions as the Eurzone's economic future remain uncertain.
Sterling Pound's Fundamentals:
1. Pound Euro Exchange Rate under pressure as fresh covid-19 restrictions loom
2. The resurgence of the covid-19 in United Kingdom supporting yet the Pound generally weakenes at the start of the week.
3. While the UK government reportedly it's had considering a second national lockdown hopes of the economy bouncing back in the second hald of 2020. As the economy looks set to come under further pressure in the final months of the year, specially given lingering Brexit uncertainty, there would be a possibility of a fresh recession weighed on GBP Exchange Rates.
4. U.K. may increase the downside as pressure on the Brexit and European Markets could inability to puncture the strenght of the single currency.
5. Pound Steady as UK markets remain cautions as Nation "Turns a Corner on Coronavirus pandemic.
6. The Pound struggled today as concerns over tighter UK lockdown restrictions continue to grow.
7. The proffesor Chris Wiity, Downing Street's top Scientific adviser in London commented taht UK is warned to turn a corn for the worse as covid-19 case rise.
8. The Brisish economy is increasingly to prospect of a second covid-19 lockdown and such the increment today of the UK markets. had grow!!!
9. Tomorrow Governor Baily (Bank of England) speaks about the U.k. monetary policy
In gereral, we see that doay Sterling Pound is steady today about the specualation of the U.K. markets and the pressure to the Brexit advanced, in generally, the Euro today staring this week is has bad news for the Spanish trade deficit that was a surpresie than expected, and then the Spain's economy is weakness about this data was fall.
So, I put a short position in the market price right now with a SL at 35 pips and a earning's forecast of 100 pips
Good luck!!!
Bitcoin is forming a bearish rising wedge!!!In this analysis, Bitcoin is goes to the $10,000 USD level again, because there're not demand right now, we are in the supply zone, also to recall this strategy is called supply and demand!!!
Yesterday, we were okay, but, in the night I didn't analyze the chart, but I bring you the new updated what Bitcoin do today!!!
So, we see in H1 timeframe a weakness of the price, if we entry in the $11.080 USD, I'm would have in profit, but I didn't analyze the chart. Well, it's very important always to analyze the chart to know what the market do.
So, we hope a entry in the pull back in H1 timeframe to valided the short position
That is what happened yesterday and the trend is become so bearish until the objective to find down
Also, as we have 2 possibilities:
1. Bitcoin could leave at the $10,628 USD
2. Bitcoin broke down the key support and leadint to the $10,128 USD in the key support line on Daily
So, guys it's simple, we hope a entry short position pending in some hours when Bitcoin go again the $10,900 USD\\
Remember, that we need to be cautelous when Bitcoin go to the $10,600 USD, is a important point, in case that show in this zone bullish candlestick group, so obviously we need to closed up the position
Reccomend to closed up all long position in Bitcoin, Ethereum and Litecoin because the market has reversal the trend!!! And also, if you want to see why the rising wedge occured? I reccomend to linked in my related idea a mini-class for yesterday what will be happening if Bitcoin doesn't continue up, well, remember that the market is not exaclty and there's a lot techniquel to identify a reversal of the trend.
How to be prepared in case of manipulation movement? Tips!!!In this mini-class, I want to discuss the H4 and H1 and Daily timeframe on the BItcoin price using the BItcoin as example of the manipulation. That is simulated and experimental what will be happing in case that doesn't have a bullish movement and bears take the domain again.
Look in the H4, we could see a formation of bearish rising wedge, but yesterday we see a simetric triangle that I still in this example
But, now looking in H1 timeframe, the price make a little correction until the $11,020 USD, but in cases that Bitcoin go to the $11,100 USD, in that exact point, we need to stay alert in case that we will have a bearish candlestick group. So, in case that was a bearish candlestick, the price action is goes to speak us that we need to sell Bitcoin if the demand is weakness!!! Because as the demadn is weakness, we could see a deep correction until the $10,638 USD, and that is a perfect target to put in short position in BItocin in case, but our position is still bullish until we not look and be cautelous in that zone that I talk.
Right now, lookin the Daily, we see a bull trend, but in cases that Bitcoin doesn't make support above of $11,100 USD and starting to show a bearish candlestik, is an huge alert to closed up our long positio nand then, pick up our money in profit, that we are in crypto in LTC. ETH and BTC.
So, guys, this is my class to knowing how to be prepared for in cases of manipulation movmeent, I invite below to look an example of manipulation when we are in the up-trend in the example of simetric tirnagle and later in some hours formed a bearis rising wedge.
That two examples I explain why we need to be prepared in two side in cases that Bitcoin make in the next hours possible manipulation to identification
Well, guys, this is an tutorial to learn how to make trading in Bitcoin and be prepared of market's manipulation
If you like it my idea, please support this idea in your analysis!!!
Tips:
1. Always look the price action
2. Be prepared when there will be possibles formation that you not see, always mark lines formation, support and resistance formation and more!!! Be creative
3. If in cases that we dont see a reversal of the trend, was a fake alarm and we continue with security our trend
Bought os Australian Dollar!!!I reccomend to not put any short posiiton because AUD is strenghten. Yesterday was the FED interest rate meeting, and AUD was failled, just now we see that manipulation as in the pass mini-class we say you that if we see a buy potential, we need to cancel the short expectative because the price is strenghten. Now, for trader's amateurs it's important to understand it.
Australian Dollar in the H1 timeframe it's in the bearish rising wedge channel, but nos bear the expectative, the expectative is bullish becuase that zone formed is manipulation to liquidated all short posiiton that I show you in the blue arrows.
Now, lookin in the H4 timeframe, we see that the price is leading to the maximum of $78.32 JPY, that is my perfect target proit to find up around of 180 pips.
Also, lets me see and show you a thing.
Remember that in Daily timeframe we are the expectative so bearish because we forming a bearish rising wedge, and then, as Australian Dollar is strenghten, we hope a formation of double top in the up of the so nearly of the resistance line that is part of this bearish chartist pattern.
So, basically I put my buy order limit a distance of 5 pips of the market price, so if you follow and click on the risk/reward you can see it.
Remember, nos entry in short position, just closed up and beware if you put any short posiiton, that is a highly manipulation!!!
Good luck with your analysis
Also, I invite you to click below my latest analysis of weekly timeframe about the AUD/JPY!!!
Fundamental and Analysis: Warned on Sterling Pound!!!In this analysis, Sterling Pound is weakness today about a bad and poor data for jobs, this data showing a loss of 700k jobs in United Kingdom, it's important to read it. Hey, if you check out my analysis of Euro/ Sterling Pound or EUR/GBP, I'm in long on this par so so long.
Now, looking in H4 timeframe we see a bearish rising wedge formed so perfectly to entry in a grant short position to earn money!!!
I showing above 2 thing:
1. Sterling Pound proyect a drop of approximately 280 pips has mark in the anche of the bearish rising wedge, but looking in the Daily, we see a scream of fear of the brexit and I proyect my exact target of 600 pips for long term, that is a good and excellent strategy to earn money a lot more, but be patient and making re-entry on this par, we could to earn a lot, lot, lot and lot!!! in this par. What do you think about this idea? Also, I invest 0.3 lots in this par because I believe in this analysis what I see. And in H1 we see the same situation, there are not to speaking it.
Now, I will going to share you why Sterling Pound it's goes to the make a giant drop of the economy, it's a deep correction that I see in the future.
Fundamental Keys:
1. Sterling Pound to Euro Exchange Rate seeing Brexit pressure but jobs surprise markets
2. With fears of the United Kingdom and European Union relations, the brexit talks collapse persisting, the Pound is still under significant pressure.
3. The U.K. government continues its attempts to underine the Brexit withdrawal agreement.
4. Pound fail to mount recovery despite stronger than forecast jobs.
5. As the UK government won its first parliament vote an pushng through its controversial changes to the Brexit withdrawal agreement yesterday.
6. With little sign that the government will soften its position, no-deal Brexit fears persist. The Pound has been unable to recover much of the huge losses it saw last week.
7. Today, the UK's job market report beating forecasts. Because there were less new jobless claims than expected, and less jobs lost than forecast
8. However, analysts once again warned that the data was cancealing the full impact of the covid-19 on Britain's jobs.
9. Investors will also be watching upcoming data about the UK inflation rate will be published tomorrow.
10. U.K. loses 700k jobs to pandemic as pressure mounts for aid.
The specualte news mark in bold is #2, #9 and #10 was for me the highly impact that show in my own investigation that Sterling Pound is go to the weakness more and more, and the deprecciaiton of the British's currency it's goes to the bear market in medium-term!!! So guys, I believe that suppose that my own target is already of 600 pips to find down in large time.
If you like it this analysis, please support this analysis, it's goes to suppport you and traders community to help other people why the specualte news are important and then, be clasifying as one of the best trader to be distingued.
Also, for you I add a related dieas that maybe it's support you!!!
Updated: Bitcoin is formed a bearish rising wedgeHello guys, on this analysis, Bitcoin is formed another bearish pattern, and then, the indications show that we need to closed up long position because Bitcoin is leading to the again $10,000 USD support!!!
This is the H8 timeframe and looking out, we see a Bitcoin that need to lead to the $10,000 USD, so the mean a sell of Bitcoin!!!
Now, in H4 Timeframe we look out the same situation, that we are in this bearish rising wedge, and obviously we need to put in short position at the best price to sell it.
At the moment, my price to sell Bitcoin is $10,377 USD. I put a short order limit at this price with a SL at $10,574 USD and obviously my exact target is $10,000 USD. Just to find down a drop of 3.78%. Also guys, if you noticed it, in H4 we could see a formation of double top on Bitcoin, that it's could be an interestin long position in the future.
So, that bearish movement was occured at 4 am at New York time, that hour I'm sleeping in my bed, but well, looking out, we see yet a bearish movement.
EUR/GBP: Bearish Rising Wedge AlertWe are a little consolidated of the price, so, that is a chartist pattern continuation of the trend, so I reccomend to keep this position in short and enjohy the drop in the next hours. THis is a little updated of what is the situation of the market.
So guys, as we coninue bearish, the trend is soon the down!!!
Bitcoin is in the supply demand: Beware of Bears Scenario!!!Hello guys, in this technical analysis is neutral for me until I take in my hand a true confirmation to put in short position to find down a take profit of $11,000 USD or included $10,400 USD.
If you know, we are in the important zone to sell Bitcoin, so, tomorow morning I will check the price action, the only I hope in the Bitcoin price is that Bitcoin is go to up a little in the zone of $11,997 USD, near of $12,000 USD, I hope that Bitcoin make a rejection of the price below of $12,000 USD. If you know, the price is weakness and it's a less boughters.
We could to experiment a possible consolidation between the $12,000 USD and $10,400 USD, the $10,400 USD is a critial support and it's important that Bitcoin make a resistance in this level.
So guys, in this analsyis Bitcoin is into this bearish rising wedge in formation and a possible double top to up in the zone mentioned if you follow the black arrow. I hope that for tomorrow to see it.
Tomorrow I will going to check Litecoin if Litecoin has an opportunity as investment, and also in Ethereum is important to make an analysis and to know about a deep this proyect.
Sterling Pound is weakness agains the US DollarThe influenced by Sterling Pound it's moving for US Dollar, this par is so negotiate, so we ha a bearish Gartley that we could see a possible correction of the price in some days.
Now, looking in Daily timeframe we see a formation of bearish rising wedge, I can't updated my technical analysis yesterday at night because I am sleeping so early, but now, we have this situation and the probability to see a Sterling Pound is so look bearish.
And in H1 timeframe, we see the same sitaution that Sterling is so weakness!!!
***And also, using MACD and RSI show a bearish divergence in both timeframe in H1 and H4 timeframe.
EUR/CAD show a bearish movement to find down Money profits!!!Hello guys, in this technical analysis we wil go on short position in this technical analysis, because EUR/CAD show a nice chartist pattern called tripple top, that is a bearish siganl so that Euro is going to drop, specially the Euro vs. Canadian Dollar show that.
So, that is the analysis that I make it.
Now, look in Daily, we see that there are many candlestick that showed a possible drop, specially that we are in this bearish rising wedge to entry here
That is the key analysis in H4 timeframe. That show that we have a tripple bottom marketd in these blue arrow.
I hope that this analysis is support you!!!
So, in the H1 timeframe we see that movement is so bearish soon
So, I put a sell order limit at $1.5540 CAD and the SL at $1.5601 USD, that is 60 pips, because calculated the risk in US Dollar is $4.44 USD, that is considerable within of my risk 10%, because in the last days I earn in EUR/USD and EUR/GBP recently when I Closed up my position, now I have the USD/CAD activate in short as Canadian Dollar is strenghten.
EUR/CAD has the possibility to make a drop correctionHello guys again, I analize the Euro against the Canadian Dollar. It's mean the European Union wihtout the Canada.
Well, in this technical analyse EUR/CAD was formed a bearish rising wege, that mean a possible gran correction to find down at least 220 pips, but not is yet already. We could to see 2 formations: A bullish channel or a bearish rising wedge in formation. That is mean in this par EUR/CAD.
We could be this in Daily a formation of bearish rising wedge in Daily timeframe.
Or we could to see it in Daily a bullish channel ,the mos fiable for me is that EUR/CAD want to form a bearish rising wedge, its the most probability to formed.
That is all for you my trader, so in H1 the only we hope is the price is go up a little and hope a bearish candlestick confiramtio to entry in short.
Now, looking in H4 timeframe I see a drop of the price, because EUR/CAD is so weakness, and both indicator show it situation.