Get started

Chanel

XAUUSD AnalysisHey guys! This is my markup for XAUUSD I'm anticipating a bullish trend after price breaks through the current channel, I also noticed an inverse head and shoulders pattern within the channel with a slanted neckline to further confirm my analysis with time confluence as well. Going to wait to see where price leads first, waiting for a retest at a temporary support level. Let me know what you guys think! Give me a thumbs up or leave a comment below sharing your opinion!
FX_IDC:XAUUSDLong
by ekua_
3
POWR - trend reversal? Shaping a saucer?POWR - perhaps located at the very bottom and there will be a break in the trend - the formation of a saucer shape. Coin - TA textbook. We see a global downtrend on a coin. Each figure was a continuation of the trend. Bear flag - rectangle (horizontal time channel) - downward wedge - rectangle (horizontal time channel). Now the coin is 1 month in lateral movement. Perhaps the Saucer will be formed. Which can become a trend reversal from downward to upward. On the downward chart (“saucer figure”) 1) Descent of the price. It is characterized by a gradual slowdown in movement and falling prices; 2) Bottom - the bottom point of prices on the chart. It should be located on a gentle bottom (smooth bottom, without peaks). The center of the figure. 3) Climbing prices. Ideally, the graph is symmetrical to the descent. It is characterized by a gradual acceleration in price growth. When climbing the price, be sure to increase the volume indicators (to confirm the formation of the figure). The time of formation of the climb is usually equal to the time of the descent of the price or slightly more.
by SpartaBTC
3