Bitcoin playing rectangle pattern on daily timeframe in bearish Bitcoin playing rectangle pattern on daily timeframe in bearish
Dailychart
GBPUSD Swing Upwards +100 pips Welcome back! Here's an analysis of this pair!
**GBPUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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$XAUUSD - TKcross - Ichimoku - Gold - $XAUUSD: GOLD has a few buyers today. They were lurking around 1800 area. Small up potential for next few sessions...I won't check the news.
1D TF
- Ichimoku: bullish TK cross is possible
- spot trade
Call/limit order filled at fractal: 1831.80
tp_01: 1869.80
tp_02: 1890.21
stop: 1809.84
don't margin trade, go well
(-(-(-(-_-)-)-)-)
CAD/CHF showing a sell Please if this analysis is correct and helpful, please kindly give me a like and comment and also follow me on tradingview for more updates.
CAD/CHF is showing me a sell sign. if you count the wave you will see that the WAVE is complete already, but the correction is not complete yet. as a trader, you will know that the WAVE c is about to begin. Please always do your analysis before and research before any entries
BTC NOT CLEAR DIRRECTIONLooking at BITCOIN according to elliot wave showing more downside to get more liquidity, but no one now can tell exact dirrection. What exacly i m waiting for is the mothly and daily candle close before desiding idal long or short. it keep testing the all time suppurt, but never close below it. If bitcoin price montly candle can close below the majour suppurt then BTC might test 20000 in order to complete the wave 3 and 4 to get more liquidity
Wirex (WXT) is in uptrendHello Friends,
Currently, most of the cryptocurrencies are in a downtrend but WXT is in uptrend. It also looks like Wirex is forming an inverse head and shoulder pattern. We can get some decent profit if WXT continuous uptrend. Don't forget to manage your risk as the crypto market is highly volatile in nature.
Wirex (WXT) is a unique multi-blockchain cryptocurrency that powers the X-tras rewards program. Wirex customers can earn up to 4% back in WXT every time they use their Wirex cards in-store or online, or up to 12% annually on the balance of their WXT accounts with the Savings Bonus feature.
Do share your opinion in the comment section.
GoldViewFX - DAILY CHART UPDATED STRUCTUREHey Everyone,
We have updated the daily chart significant Goldturn support and resistance levels. The daily chart price is at a critical zone central zone. We saw price challenge 1804 Goldturn but we need to see how EMA5 reacts to this level.
EMA5 is crossing ma200 on market open, which may provide the momentum needed for further move below 1804 but can easily retrace back unless we see EMA5 cross and lock below 1804, which will give us the confirmation of a breakout into the range of 1741, instead of a fake out. A EMA5 rejection at 1804 will see price head back to challenge 1858.
We will keep a close eye on the daily chart structure and keep you all posted with any changes. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
ACE OF WATERS - US Dollar (DXY) Index - Daily (75%w 8.5 R/R)Not the greatest ROI due to not trading a high frequency. However, 75% win rate with a profit factor of 25. Winning trades yield about 8.5x as much as loosing trades. Only trades about 60x per year and typically holds winning trades for about 6 days. Avg trade returns .65% ROI. Largest floating/running drown down during any given trade was .78% with the largest closing loss of .14%.
Slow and steady long term strategy with minimal running drawdowns with low risk, high return.
Be like water my friends.
ACE OF WATERS will be available for copy trading in MT4 - MT5 library soon.
BTC/USD Bullish DivI'm looking at some on-chain metrics such as dormancy levels, and I think if we can manage to decouple, it looks like a possible entry to accumulate. I see some bullish div on the RSI, so I'm going to be searching for some confluence in the upcoming days. On my previous weekly chart, I showed an Elliot wave scenario and mentioned I'm going to be looking for more confirmation on the shorter time frame. This is a hint of confirmation for me.
EURUSD trades weakEURUSD trades weak, markets eye US FOMC meeting
The pair declined once again after a minor pullback to 1.15770.
Technical-
Any breach below 1.04700 confirms a bearish continuation; a dip to 1.03400 is possible.
The immediate resistance to be watched is 1.0600; any violation above will take the pair to 1.0650/1.0700
Nifty's Daily Chart AnalysisHere I brings you the daily chart analysis of NSE:NIFTY
Going back to 23 march 2020 Nifty 50 found a strong support of a trendline and never go below that trendline until 23 November 2021.
But on 22 Nov 2021 , it gone below the trendline but still managed to close above trendline.
on 23 Nov 2021 it opens below the trendline but closed above it.
similar story for 24th and 25th November
But 26th November was the day when Nifty Opens below the trendline and closed far below it... that was the day since nifty never gone above it.
On 12th, 13th, 14th and 17th January 2022 it again tried to go above the previous ( Solid Dark ) trendline but failed to do so, and pushed below the newly formed downward trendline ( Dotted Trendline ).
Nifty again tried to cross above the new trendline on 2nd and 10th February 2022 , but failed.
From last six days Nifty continuously trying to go above the dotted line but every time it got rejections .
Conclusion of Analysis:-
1. Nifty may remain in the downtrend until it crosses the dotted trendline and sustain above it.
2. If it succeed to cross above the dotted trendline, Nifty may remain in a sideways trend until it breakout the 17800 zone.
This Analysis is not a trade recommendation, this study is purely for education purpose only, Do your own Study and Research before getting into any trades.