Bullishtrendpattern
Bitcoin Short Term Buy IdeaH4 - Bullish trend pattern.
Currently, it looks like a correction is happening.
Until the strong support zone holds my view remains bullish here.
H1 - Price is moving inside a bullish flag pattern.
If the price breaks and holds above the top of this pattern, we may then consider it as a validation for the bullish view.
GBPCAD Buy Idea Based on Key Support ZonesH4 - Bullish trend pattern followed by a double wave correction. Bullish divergence.
We have two key support zones that have formed based on the fibonacci retracement and expansion levels.
The first key support zone is formed by the 38.2% fibonacci retracement zone of the bullish trend pattern and the 100% fibonacci expansion level of the first wave.
The second key support zone is formed by the 50% - 61.8% fibonacci retracement zones of the bullish trend pattern and the 161.8% fibonacci expansion level of the first wave.
Until both these key support zones hold my view remains bullish here.
EURCAD Short Term Buy Idea After Bullish trend PatternM15 - Bullish Trend Pattern.
Currently, it looks like a flat correction is happening in the form of a range.
Until the strong support zone holds my view remains bullish here.
If we get a valid breakout above this range, we may then consider it as a validation for the bullish view.
Apple To Break Resistance On The 45minI am extremely bullish on AAPL. Technicals are screaming buy and here is everything in detail!
First check out the big green arrow pointing at the top bands, they have crossed at the bottom initiating a buy signal.
Second, candlestick analysis which is my speciality. If you look at the two blue arrows, you can see that small green candles have low hanging bearish wicks. The wick is how low the price went during that 45min interval but did not close. We can see that there is a point of resistance there and it the bulls will not let it fall through. How do I know this? Look at the thin green arrow between the blue arrows, there is a green shadow. This green shadow is bullish divergence meaning bulls are getting stronger. To further go based on divergence, check out the MACD. It went from solid red to a weaker shade of red meaning bearish divergence is weakening. Trend lines have yet to cross, but this could be the week. With an Insanely low RSI of 43.71 compared to where Apple has been sitting, we can expect price to jump up as the stock is underbought.
The teal cloud that the candles are sitting in is a Karutoga Cloud and this shows support and Apple is in the cloud and looks to come back above it continuing its bullish trend.
This is a very exciting technical analysis and I will be putting a medium sized position for this week. I see $130 by the 24th.
AUDNZD Buy Idea Based On Multi-timeframe Analysis D1 - Price is bouncing higher from a key support zone formed by the 261.8% fibonacci expansion level of the first wave and the 100% fibonacci expansion level of the second wave.
Bullish divergence.
H1 - Bullish trend pattern followed by a flat correction in the form of a range.
If we get a valid breakout above this range we may then expect the price to continue higher further.
EURJPY Buy Idea Based On Multi-timeframe AnalysisD1 - Bullish rally followed by a correction in the form of two waves to the downside.
Price reached the key support zone formed by the 38.2% - 50% fibonacci retracement zone, respected it and bounced higher.
Bullish divergence, most recent downtrend line breakout.
H1 - Bullish trend pattern.
Until the strong support zone holds I expect the price to continue higher further.
AUDJPY Buy Idea Based On Multi-timeframe AnalysisD1 - Bullish trend pattern followed by double wave correction.
Bullish convergence. Most recent downtrend line breakout.
H4 - Currently it looks like a correction is happening in the form of a double wave down.
Until the daily downtrend line breakout holds my view remains bullish here.
A valid breakout above the most recent downtrend line would validate this bullish view.
GBPUSD Buy Idea After Triangle BreakoutH4 - Bullish trend pattern followed by a correction inside a triangle pattern.
Currently, the price has broken above this triangle pattern.
We also have the triangle breakout based on the RSI indicator (if you want to learn about RSI indicator, you can find it here: vladimirribakov.com).
Personally I expect the price to continue higher further.