NZDCHF Weekly S/R| Price Action| .618 Fibonacci| Trend Evening Traders,
Today’s analysis – NZDCHF – trading towards a key level where a bounce is probable,
Points to consider,
- Price Action Corrective
- Weekly S/R Support
- .618 Fibonacci Confluence
- RSI Extended
- Swing High Objective
NZDCHF’s immediate price action is trading towards a key trade location that has technical confluence with the Daily S/R and the .618 Fibonacci, allowing for a bullish bias.
The current swing high is the objective, exceeding this level will lead to a trend continuation.
The swing high is the objective, exceeding this level will lead to a trend reversal.
Overall, in my opinion, NZDCHF is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
‘’No one strategy is correct all the time’’.- John Paulson
Fibnacci
SOLUSD Price Action Range| Price Discovery| Volume| FibonacciEvening Traders,
SOLUSD’s immediate price action is trading above its range, maintaining these regions will likely continue the trend,
Points to consider,
- Price Action Impulsive
- Price Discovery
- Blue Sky Breakout
- Declining Volume
SOLUSD’s immediate price action is leaving a consolidation phase where bullish continuation is probable.
The price discovery has technical Fibonacci targets situated at the 1.618 extension, temporary top here is likely to be placed.
The current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, SOLUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps.
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.”
― Yvan Byeajee
MIRUSDT Daily S/R| Range Low| Price Action| Trend Evening Traders,
Today’s analysis – MIRUSDT 0 trading at a key Daily S/R where holding this level is deemed bullish,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Range High Resistance
- Low Volume
MIRUSDT’s immediate price action is trading at a key level where holding this support allows for a bullish bias.
The range high is the immediate objective, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, MIRUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Sometimes the best trade is no trade.” – Anonymous
UsdChf Dont miss this trade from topcurrently, we are traded waves in waves it's hard to understand for new wave trades but if you go to higher timeframe 1 trends is bearish and we are in correction Phase also in correction we are in B waves which is correction itself and very choppy meaning if you trade B wave structure then your stop loss will be larger then usual
Now wait this moves to finish on top after sell setup conformation then look for shorting this will be home run trade for you guys i hope you will catch this move
RARIUSDT Daily S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – RARIUSDT – trading above its Daily S/R level where a deviation towards the swing high is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Swing High Objective
- Low Volume
RARIUSDT’s immediate price action is trading above a key level where support is probable, allowing for a bullish bias.
The swing high is the current objective, exceeding this level will increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, RARIUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work!
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
BEPROUSDT Daily S/R| Swing High| Volume Climax| Trend Evening Trader’s,
Today’s analysis – BEPROUSDT- above a key high timeframe support level where a reversal is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Swing High Objective
- Volume Climax
BEPROUSDT’s current price action is corrective, trading above a Daily S/R level , allowing for a bullish bias.
The immediate objective is the swing high, exceeding this level will lead to price discover.
The current volume profile has a climax, an influx in volume is needed for a trend continuation.
Overall, in my opinion, BEPROUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember!,
“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.” -Jesse Livermore
ACB Critical Areas To Watch! Hello Traders!
Welcome to today’s chart update which will be from the Canadian MJ sector – ACB – Aurora Cannabis Inc. This pot stock is testing a critical area; price may put in a new local higher low and or break the trend and negate the whole market structure…
Points to consider
- Potential Triple Top
- Price testing critical support zone
- Local support at $2.60 region
- Stochastics projected upwards
- RSI testing support
- EMA’s giving price resistance
- Volume increasing
- VPVR showing low volume of transactions
ACB is testing a very critical support zone at current given time which must hold to maintain the overall market structure. This zone has in confluence the .618 Fibonacci level, a bounce is probable however we need noticeable strong bull volume to push price back up.
The stochastics is projected upwards from very low regions which signify that the bulls have a lot of stored momentum if a bounce was to come to fruition. The RSI is testing support, historically, a test of support leads to a bounce back to neutral area from oversold territories.
The EMA’s are giving price resistance, we need to see it cross bullish otherwise a break of the critical zone will be more probable.
The volume is picking up, as mentioned before, we need to see it sustain bull volume if a bounce was to come to fruition from current level.
VPVR is quite interesting and favours the bears as there is very low volume of transactions between the two segments of the critical support zone and the local support zone. This tells us that the bears will be more probable to reach its technical targets due to the low level of resistance from the VPVR.
Overall, IMO a break from this trend line will further confirm the triple top analysis as the market structure will be negated, failure of putting in a new higher low. This is quite bearish; ACB will be more probable of testing lower levels…
What are your thoughts?
Please leave a like and comment
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
BITCOIN Will Fall Now - But NOT So Much As You Think! See here!Dear Friends
We are still following my top trending post from yesterday - I will hopefully now proof to you, that we with our Elliott Waves can continue my forecast.
We will fall down now and hit my blue box - hereafter we will go up below 5,000 USD again for hereafter and say hello to 3,XXX again, which will be the last 11 structure wave correction.
Hopefully we can hereafter start a new uptrend. Let's see!
D4 Love You <3
PS. Please leave a LIKE if you appreciate the content.
Fib, trend line, price level and due for 4th wave BTCUSD - 4HAs I circled in yellow, it popups up to me as a strong support for BTCUSD. The reasons are listed below:
The fib retracement is right at .382.
price had consolidated in that area before taking off higher
trend line crosses at the same time
Elliot wave No. 4
If that happens, it will be over 20% drop. If the drop with a speed, most likely it will bounce back with power. I will be here (3154-3260) waiting...
EURUSD 1h ShortHi all,
Nice short opportunity for some pips on the hourly, the reason why I put a conservative target is because I am expecting some solid support, the risk reward here is still very nice !
Theres also a crab pattern on the chart, as I did not spot it myself here is a link to the guy that did:
Goodluck trading :)