As we said before we are looking for a huge dump here like the red arrows on the chart and only if the resistances here break then we can expect more pump to 40K$ resistance zone but soon we can expect bear candles to lead again and targets like 33K$ and 30k$ and 26K$ are expected. DISCLAIMER: ((trade based on your own decision)) <
In simultaneous confirmations for breaking the wedge pattern, the price can be expected to reach its ceiling and also the top of the beginning of its downward movement.
Hi Traders! On 4H Time Frame, The EURUSD Failed To Break The Support Line. Currently, The Last Lower High is Broken (Change of Character). So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 1.06670🎯
The cryptocurrency world often surprises us with intriguing market dynamics, and today, we'll delve into NEAR and FET, two projects that have crafted similar fakeout patterns but may be charting different paths forward. NEAR executed a "sweep of the lows," while FET is forging a "double bottom" pattern, both aiming for a potential ascent to $0.55. Let's explore...
PCE news last Friday took price back inside the range between 1.08919 Weekly Support level and 1.09859 Daily Resistance Level. The Friday daily candle retraced nearly the whole Thursday candle that contained GDP and unemployment claims data. I'm looking for this price behavior to continue into the early trading of this new week. The Idea is that we should have...
2 The simulation will have a very large impact in the medium term, in the D1 period it is seen that the possibility of movement can be 0.865 as a reference for a breakout or fake breakout. I still believe that a positive trend for EUR will occur.
It looks like there will be something interesting if you look at the trendline on the H4 timeframe. If you draw a line from below, it will be seen that a Fake Breakout has occurred. But if it is a breakout then the decline will reach the 165 area, becoming a strong support determining area to return to the positive trend.
NASDAQ:AAPL could be in a fractal pattern here. The previous two moves down saw a deep retrace to 0.886 before reversing lower. Both moves broke through the established trend lines as fake outs before reversing back to the downside. This current move up looks very similar in structure to those prior two. However, that still leaves about HKEX:7 -8 of upside...
Tsla has been consolidating and broke-out of a bullish bullish flag today with weak conviction ... Bulls need to see a big volume break-out tomorrow and regain $200 as support. *Call Wall Options may have prevented Tsla from advancing with a strong break-out $197 is strong resistance + weekly resistance line just above @ $198 $198.84 If Tsla does not open...
A potential fake breakout happened. If it attempts to break the range high, I think it's targeting the value area of the VP. Let's see how it goes in near future.
After 7 years of studying charts, you start to see obvious patterns that beginners miss. I know that the majority of the market is buying BTC now after the trend line breakout. The charts suggest it and so does the sentiment. So what will I be doing if the majority are buying, SELLING. I don't want to be greedy, I simply want to find an area to sell from in...
Analysis done based on Fib retracement, tried to check if there is one big candle formed after a small candle then does it comes back on the same level or if it works as a breakout. will continue to check fib levels in upcoming videos
FOREXCOM:XAUUSD OANDA:XAUUSD Gold analytical series, Episode 03 Hello Traders, First take a look at my previous episodes. Don't forget to risk-free your positions. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
Hi dear community and the best followers. I hope you are fine. I appreciate your support, likes and comments. Today I'm looking at 3d chart of BTCUSD. As you know since 18 June 2022, I have been posting BTC bottomed and it is preparing for new Rally /new ATH/ before new recession and Fed Pivot starts. I expect new ATH by Q2-Q3 in 2023. If you check my other...
Updated thoughts 💭 with Supply/Demand levels on ETHUSD: • Drop base drop type motion • Below 200 EMA & downtrend confirmed • Lower lows lower highs continuation • Fake breakout to $1300 area could be opportunity for a quick BUY scalp
Here we explain further an analysis we dropped yesterday on GBPAUD. We said that the pair is showing bearish behavior and mentioned that it should go further down to buyers liquidity level, however the pair rebounded upward shortly after. We immediately updated that it was a mere correction and this video explains how and why. We hope you find this useful....
Bitcoin is struggling with daily time frame resistance Most likely, this coin is unable to break this level and returns to the side pattern If the $20,000 level is lost, the possibility of a price drop will be very high
Bitcoin is breaking out of the falling wedge and breaking the resistance line it has never broken from its all-time high. In my view, this is a fakeout and we will see a correction to 12k where we have two support lines to give us a mega bounce and that will be the bottom of this bear market. Let me know your thoughts on all this.