US10Y: Bullish- Ascending triangle US10Y: Bullish- Ascending triangle
Ascending triangle detected on US10Y
The exponential moving averages remain possible targets
Monitor Ichimoku levels
The ROC ( Rate of Change) is in a positif territory.
Bonds can rise to a double top
Stay careful
Good trades to all
Chartistpattern
AUD/USD: Shoulder Head Shoulder Australian Dollar/U.S. Dollar formed a Shoulder Head Shoulder inverted in the downside. What we could to see a long position now against Dollar. Ok, in my past ananlysis I said that Aussie will drop, yes drop but made a manipulation in the zone that I was in some pips in profit and make rejection, what we could to see an opportunity to long AUD.
Right now, we're still in the opportunity to long AUD/USD. I will put a buy order limit to $0.6973 USD, SL to $0.6955 USD, and take profit to $0.7014 USD. i wil entry with 2x my leverage, what if I earn and get 42 pips, this could be a huge earn of 84 pips, because 42 pips x 2x = 84 pips. I make this becuase I'm very secure in this way that AUD still up in front of USD and the trend it's look that change today.
I hope that this idea support you. The analysis to short AUD will be cancelled and closed up manually, because I don't see very optimistic the past trade.
USD/JPY: EMA 200 make resistancU.S. Dollar/Yen Japanese it's look bearish from this side. So, we see that it's moving into this bearish channel flag and MACD doesn't have enough strengthen to continue up in H1 timeframe
Meawhile, in H4 we see that we're into this bearish channel in formation as we see this bearish channel flag, we're in the key point to sell
Also, I read that U.S. Dollar fell today in some pars as an uptick in investors' appetite for riskier bets diminished the U.S. currency's appeal. Also, another fundamental analysis that I read recently it's that United Sates considering to block Russia ability to pay its U.S. bondholders that expire next week and this could be another bad expectative that I see in this rumor.
So guys, I'm shorting USD/JPY at $129.48 JPY and my target will be $127.40 JPY (207 pips) and SL to $129.98 JPY (50 pips)
I hope that this idea and analysis support you!!!
Good luck!!!
USD/CAD: Ascending triangle U.S. Dollar/Canadian Dollar forming an ascending triangle in formation that we need to hope an entry to long position in USD/CAD. This trade have a projection to find up 87 pips. Meanwhile, it's required to hope the economical news in U.S. Dollar and Canadian Dollar and what will be happen for tomorrow combining with this technical analysis.
This it's the H4 timeframe panoramic and what Il look because we could to go back to the upside to find up the resistance key at $1.2600 CAD approximately what in the past weeks we forming a consolidation in that zone.
We're in the important reaction that we would to be cautious to trade this par becuase we have chance to going to the upside. As also, we have 2 potential target to reach in this Daily fibonacci at 0.382% and 0.618%.
But we hope this trade to long position following my perspective
I will update this par until break out the $1.2530 CAD, I will put my alarm on this zone.
ETH/USD: Tripple Bottom formation?In this 2nd Ethereum analysis, I'm in H4 timeframe and I look a possible interesting long position in this cryptocurrency. So, we could to forming a tripple bottom. A best bought should be above of $3,200 USD to open long position and confirmation of the price action. And also, the RSI it's forming a lower higher in this indicator where I show you in this blue line. So, this it's just my perspective in the market for that, we need to hope a little more.
It's very important that this possible formation could be invalided if the king Bitcoin drop by bears and continuing sell-off.
Bitcoin form a double top!!! Sell SignalAt the moment, I was reccomend to closed up the Bitcoin Cash and Tezos long position in boths trades becuase Bitcoin form a double top, and the crypto-market could to experiment another little correction, did you know, in the past days, Bitcoin drop from $64k to $48k. But, maybe, Bitcoin may to go back to the support of $51,000 USD to make any confirmation in this bullish channel that we're in Daily timeframe.
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That it's my proyection in Daily timeframe!!!
In H1 timeframe it's look bearish, for that, the trend it's leading in favour based in the price action!!! And well, as the Shoulder Head Shoulder was invalided, and not complete 100% their pull back, that it's manipulation. For that, we are going to entry in short position to sell Bitcoin from $56k to $51k. Right now, this will be my only trade for now!!!
Ethereum show bullish signal right now!!! Long PositionToday, we see that Ethereum make a confirmation to going to long position toward the $616 USD. Also, IN H2 timeframe we see a bullish divergence as good signal in the RSI. Looking inside of the chart, we see that Ethereum it's into this bearish flag and then, we are also in the key support line that support Ethereum above of $545 USD.
In H4 we see that my own proyection will be $616 USD to entry in long position in Ethereum.
So guys, we are to long. So, now this it's the details:
Details:
1. Position: Long
2. Entry Price: $550 USD (Buy Order Limit or entry in the market price)
3. Stop Loss: $523 USD
4. Target Profit: $616 USD
Also, I ADD my previously technical analysis on Ethereum if you want to review it.
Sell of U.S. Dollar for raised U.S. Stimulus hopes hurts We have bad news on the U.S. Dollar today and well, we hope a sell on U.S. Dollar!!!
In H4 we are in the species of inversal descendent triangle and we hope a bearish perspective for the U.S. Dollar. Right now, we hope another short entry in H1 timefrmae at $105.74 JPY to entry in short in H1 timeframe. at the moment, we would need to be patient.
We buy U.S. Dollar for the United States for specualate newsHello, in this analysis, U.S. Dollar/ Canadian Dollar about the specualte news on the FED today!!!
On H4 timeframe, we look a tripple bottom, that it's a bullish signal that bulls are still the trend!!!
And the RSI indicator in H1 timeframe show lower higher, that is a good signal for U.S. Dollar recuperation. Also, in H4 timeframe we found out a principal up trend making lower higher, that is a good point to entry in long!!!
Well, I proyect a take profit of 145 pips and 30 pips of SL. But, we need to put a buy order limit at $1.3181 USD to continue buy U.S. Dollar
Fundamental Keys:
1. U.S. Dollar softer as sentiment recovers on vaccine hops and deals.
2. The Dollar dipped agains riskier currencies on Tuesday as hopes for a Covid-19 vaccin and big corporate deals improved investor appetite for assets such as the yuan and the euro.
So, effectively we see a recuperation of one of the world's major economic, so we still udpated in this par!!!
Good luck!!!
Alert: Bitcoin is forming another chartist pattern; not bullish!Hello, in this analysis, Bitcoin is forming a descendent triangle, that is a bearish expectative.
So, guys, in summary, as we are into this kind of chartis pattern, the probability is that we are in fight of bears and bulls, well, as this week the Bitcoin movement was boring, but, I found out another chartist pattern that inmediately we need to see another perspective of the market. I reccomend to closed up your long position, becuase I believe that we may to see another crash taht Bitcoin want's to leading to the $9,000 USD zone's.
And guys, this is H4 timeframe and we see that we are on the elliot wave triangle cycle of ABCDE, and we finished the E to later see a crash inminent, also, if the S&P 500 crash, Bitcoin could to make follow hte S&P 500, that they both we need to check out and make the comparasion.
Bitcoin is go back to the $9,900 USD: Short position!!!Hello guys, today as we see, in H1 timeframe Bitcoin is formed a bearish rising wedge, that mean a little sell signal until the $9,900 USD, but remember that this bearish rising wedge is into on this bullish rising wedge, this is an updated that I making, also in Ethereum show the same signal, short position. So guys, in summary when we are from long on the $9,900 USD from yesterday, well, we all need to closed up our long position and then, put now the short position because Bitcoin formed this new chartist pattern as updated of technical analysis. So, my profit was justing $5 USD earnings, its not bad trade with 0.05 BTC of lots. But, the more important is to make technical analysis to earn in the crypto market.
In scalping timeframe on 30 minutes, we see so claearly the bearish rising wedge with a little sell it!!!
And from long term, it's very important that Bitcoin is still on this key support line to continue the bull trend in long-term.
below of my related ideas, I show you the latest analysis about my long position on Bitcoin yesterday before to formed this bearish rising wedge in H1 and 30 minutes timeframe.
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!!!
Euro is doing a pull back to sell!!!Hello guys, in this analysis Euro is making a Pull Back in H4 timeframe, so, I could to see as this chart it's better to see in H4 timeframe and I re-entry again in the zone of $1.1790 USD this morning when I havened a confirmation of this candlestick, this is a rejection of the price action in H1 timeframe.
I remeber that in the past hours that I add a short position in the $1.1790 USD to pick up more pips down of the price.
So, the structure is so bearihs becuase United States is into a recovery nation.
The only fundamental that I have in my hand is that Euro is facing pressure from a Resurgent of the US Dollar
Also, I read in Investing.com that there are 2 important news about the United States and United Kingdom about it: inflation, unemployment that we see today in the United Kingdom and the others, so to take here I operate pars in New York and London session, it's my favorites session and some pars that I analyze
Remember the structure in Daily is so bearish for the divergence of the RSI and price action, my target is 0.382% of Fibonacci around of near of 200 pips.
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.
Bitcoin show a possible resistance of the Bulls!!! Interesting!!Hello traders and crypto-community. Today Bitcoin is show in H1 timeframe a possible up of the price, that mean that Buyers are more strongest and strenghten that offerents (sellers). Well, sellers show me that is weakness and buyers are defend the $9,200 USD, and also the shoulder head shoulder inverted are invalided and then, show a bullish channel in H1 timeframe, that mean a possible an indicator for buy Bitcoin at this zone. Also, I mark a strong support line, that if Bitcoin touch above of then, Bitcoin could to explode and appear a grat bull candlestick in some hours or included to complete this approximately elliot waves correction ABCDE analysis. As a reference, this buttefly bullish, could be a exceptional that Bitcoin has force to continue up.
So, based in the H4 timeframe, Bitcoin is valid the 0.618% of Fibonacci, and that mean that Bitcoin in each H4 candletick could to mean that Bitcoin could to explode!!!
And guys, in Daily this is a possible proyection that I mark as reference to following this model in Daily timeframe.
Now, very important based in the conduct of Bitcoin, Ethereum could to following the same example of Bitcoin do!!!
Possible formation of tripple bottom: Bull signal!!!Today, we have found down a possible formation of tripple bottom, because this green zone are strong support, and if the price doesn't broke down this support, there are a possibility to continue to up the trend and that correction of elliot wave # 4 it's get validated.
And so, it's a possible bullish signal and we need to stay alert when the price leave at this zone. Well, now, if we look that appears a bullish candlestick signal a hammer, doji bullish or big bullish candlestick, we could to buy at this zone with a Stop Loss considered. As my posiiton are active, so I do not closed up and did you noticed it. because in Daily timeframe we see a bullish.
Also, while the tripple bottom formation, we have in the bullish rising wedge, and this mean a bullish pattern.
But, now in Daily we see very clear the strong support mark in green, and so, if we get the initial of the trend in the blue dark arrow, we can see a poryect more of what I expect of my target profit.
Take this analysis in Following in EUR/GBPHello, in this technical analysis we found out with 2 chartist pattern. Well, we identifiy a ascendent channel + shoulder head shoulder, but we need to confirm this 2 chartist figures, well, the shoulder head shoulder is into the ascedent triangle and this is a potential signal to broke up and continue the trend where to came it. So, the only we following this technical analysis until the broke up the trend, that it's we hope, in the contrary case, we need to make a new technical analysis for there.
In H4 we apprecitate the ascedent triangle!!!
So, in Daily we see a panoramic bullish for this par, because we can see a possible formation of M or a bearish BAT, or M that it's a possible double top in formation in Daily, but if you want to buy into this zone of the ascedent triangle in Daily, know that we are in the re-accumulation zone and the price is want to go up.
Now, the fundamentals what I see is that in EUR/GBP there are a news of that 2 issues in UK. Because UK is in struggles as coronavirus uncertainty dominates their outlook, and a indicator important is that employment, and they be affect the economy to midterm if the UK goes bad and to other hand the EUR it's can be benefitially.
USD/JPY on the ascendent triangle, but beware to put longHello guys, in this updated of my technical analysis of USD/JPY, now USD/JPY it's prire to drop the price in the next hours. So I interesting you that read this message in the right hand that it's localized in the left red arrow that I show exactly what is mean.
And also, lets me see that RSI and Stochastic are show us a signal of continue the drop, so if you use RSI the two points high are build bearish divergence and Stochastic are represent a bearish divergence. So, in conclude, we have a bearish divergence in the Stochastic.
Now, in the H4 timeframe, we hope that, a complete the elliot wave # 4, this is a correction to later go to back and continue the downtrend based in the elliot wave and later we hope that appears the ABC elliot wave correction and later we need to hope is continue the beartrend or change the bulltrend (remember USD it's show a signal a force to continue up and this is a speculate news of this currency in the United States when open up the commerce international in the large cities in New York, Los Angeles, Miami, Boston, San Francisco, Houston, Dallas, Seattle, and other place and US cities. This is an important indicator of reopen the country to all go back in normally.
So, in H1 timeframe it's very important, if you see the purple circle, are manipulation wick to believe that the price is go up the price and change, not, it's a bear trap and the price is go donw to trap all the bulls that put in long and later keep out of the market. And so, I use this indicator Stochastic and RSI