I thought it it would bounce back up then go down or break the support then go straight down... Bounced back up now going down! Trying to predict a fail. Let's see how it plays out!
Breakout from bullish channel to 107.9 Correction to 106.7 at most. Impulse to strong structure at 109.4
OANDA:GBPAUD GBPAUD is currently on strong support, and it seems like it's going to have a trend reversal. RSI also indicates a support level, I am looking for an uptrend from here onwards, with multiple Take Profits. If it goes as per my prediction i will keep taking intermediate profits and keep moving stop losses upside.
inverted head and shoulders potential 4.4% from entry
Currently looking to short but ultimately looking for a long opportunity when we come down some. -- Couldn't quite make $9,000 but overall $8,900 is not far off. BTC has had great movement since Dec.17th with tomorrow being a month since $6,500 which is roughly 36%. I have seen some conversations on here that around Chinese New Year (Jan.25th) in the past years of...
The market is testing at a demand zone and is now going retrace up to the 108.527 level and continue the downward trend.
This is my first published chart and maybe I can not explain everything in detail, I want to publish it in order to follow up on my idea and start learning. I think tomorrow is a good opportunity to buy at 10.7k (D) and wait for a bull run towards 14k (E) on Monday at the opening of Shanghai. 5% SL I take the opportunity and leave my projection for the following...
haha obviously i'm a little bored with the sideways movement peace all freddy
I think it's correcting for the 5th wave down. Can grab more than 200 pips if we make the right entry.
So this is my first published chart work on Trading View. Using the fibonacci tool, I see the price action hit the 0.0% on 11/4 and then spiked close to the -27.0% on 11/7 Then after dropping down to the 61.80% and testing that zone for a couple of days before a spike down to the 78.6% all while pretty much respecting the trend line and counter-trend...
Time Frame: 2 hrs >It looks like Eth is finishing a head & shoulder in short term (2hrs), but a break above 525 may also abort this pattern and trigger an uptrend price up to 540. >A break in 540 may trigger a bullish momentum, however a break below 480 may abort a bullish momentum and trigger a sell off up to 430 >The price is currently getting squeezed between...
My first chart analysis BTC/USD - One of the possible scenarios
Note: The chart is shown on the COINFLOOR:BTCGBP though BITSTAMP:BTCUSD are nearly twins of each other. Why I think we are nearing the reversal: * We are still in the down trend (the channel marked by the red lines). * We are forming a head and shoulders pattern, which would indicate the incoming drop (short term though). The drop will bounce of the current...
This is my first chart so if you have any tips feel free to pass them on. I'm using the Elliot Wave Theory alongside Fibbonaci Retracements to show the Wave 5 upward trend of Ark currently. Let me know your thoughts.
I've singled out prior balance areas using Auction Market Theory, obviously they're not exact. I threw up a fib to give me an idea for a new balance area to develop. I'll wait until it's developed but i'll look for short positions as long as it's below #12 prior bal area low. If it hits invalidation area i'll wait until a more defined trend/area develops before...
Good Morning Traders! Weekly downtrend in GBPAUD looks strong for go SHORT in long-term if break out occurs in the yellow sopport level. But expected rebounce in the red resistance level can make us to go LONG for awhile for few pips in short-term and may it break out still blue resistance level. Action Price will show us the way to take. Pd: feedback is...