ETH/USD 📈 Local Range 🤑Today, ETH is in a local sideways trend, one of the scenarios is that we are now in the center of the sideways trend, which is a signal to break through the upper border, and beyond it the resistance level, with a successful consolidation, further entry into the long can be considered, the second of the scenarios is unlikely - this is further movement in the current range with a breakdown and retest of the support zone. At the moment, it is difficult to predict the movement in the market, since there were many manipulations, including on LTC.
Do you agree?)
Your Solldy.
Divergency
AUDUSD is GOING to CRASH DOWN! After quickly analyzing Fibonacci, Fish-quantum-pattern, Phoenix-qantum-pattern, Harmonic-patterns Frequency waves, Elliot waves, Gann-box Divergences, Gravity-price ... etc!
I've found this 'qantum-gravity-price-zone', and ... just don't let it go. Let's wait for #Bloodhound'sEffect! And #BePatient!
"For me, analyzing markets is an art, I just draw it".
-JBPip
#FirstQantumTrader
USDCAD 100 pips retracementUC has given us accurate setups throughout the month.
This time the pair has broken 2 bullish trend lines. The recent bullish channel (4h chart) was broken and the pair retested its trend line it at the 61.8 fib level.
The most recent drop in the pair resulted in a breakout of a major trend line if we zoom out to the daily chart.
The price is currently being rejected by a S/R level. Adding that to the RSI divergence spotted on the 4h chart, I'm expecting a retracement towards the 38.2 Fib Level (105 pips move), which will also result in a retest on our major/daily trend line.
If it bounces at this level, I'm expecting a long term drop in the pair.
AUDCAD good buy opportunityThe pair can't break one of the lowest S/R levels (Grey area), giving us a nice divergency in the RSI.
That pullback after the harmonic pattern and the strong rejections (see the daily candlestick wicks), suggests me the pair will climb to 61.8 fib, where the weekly trendline is located.
Australian Dollar bullish overall.
GBPUSD reversal pattern spottedRSI divergency has been spotted on the 4h chart, which adds to the bounce on the 50 Fibonacci level (also support area).
Stochastics are also indicating that a new bullish movement is coming.
I'm expecting the pair to shoot up towards the new 61.8 fib level which is also another S/R area.