price has been waiting to move in position to start a bearish move. we are now in position to form a solid H&S pattern on the 8HR chart. need to continue to see confirmation it wants to continue down though so will scalp cautiously.
In this video I walk you through EURUSD from the Yearly Chart, down to the Weekly Chart. Going over levels that have been swept, levels I see as upcoming draws on liquidity, and 3 scenarios I see possibly playing out for EURUSD over the next 1-3 quarters. As always, good luck, have fun, and practice solid risk management.
📈 Chart Analysis: falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long, however we did get an engulfing candle on the reaction from the 150ema so i have gone long already trying to front run patterns is not the best thing to do so be cautious if you are to do the same! We got the retest of the Head and Shoulders resistance in...
📈 Chart Analysis: Potential falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long Are we retesting the Head and Shoulders resistance in prep for a "Black Swan" event that will take us to our low target?: top tip for an early SHORT position you could take the short now and place a stop above the highest high of this retest OR on...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Bitcoin is consolidating under resistance zone of $29k - $30k and this is BULLISH. However, it's worth pointing out a possible scenario...
Dear followers and new viewers, Welcome to the channel. I really wanted to get this piece of evidence out there before BTC plays through with the downtrend. Like and follow at your own will I enjoy studying markets on my free time and would enjoy hearing feedback. Please let me know in the comments what you all think as well, open to new ideas. ~MC
Zomato stock has been in a steep downward trend. It has formed a small head and shoulders pattern and moved below the 50-day moving average. It has also plunged below two important support levels. Therefore, I suspect that it will crash by about 20% to its all-time low.
I see a head and shoulders forming on the 4 hour time frame. Curious if we hit the levels and see what happens from there.
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I'd like to point your attention to a bearish pattern forming on the 1D timeframe on Ethereum , a Head and Shoulders...
GBPUSD slumps at the stellar US NFP result on Friday to set the tone for a possible risk of further decline in price in the new week. In this video, I was able to identify the structure that emphasizes my bearish bias for the week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and...
Traders, What I am seeing on these charts is shocking! Let's dive in. - Stew
Could we be seeing the formation of an inverse head and shoulders on the Nasdaq? Happy trading! Linton
Traders, In my last post I was extremely bullish on APE coin. I had a target of $20+ and we reached and exceeded that target easily. If I was in that trade, I would have sold ALL and taken my profits at that point. I continue to receive requests for my analysis on this coin. Unfortunately, you all are prolly not gonna like what I have found here. Let's jump...
W1 - bottom of the range, bullish divergence D1 - bullish divergence, bullish convergence, head and shoulders Looking for buys
W1 - 5 waves structure with bullish div H4 - impulsive structure (bullish)
#Dollar up against the 50 day ma (0:00-0:58) #SNP below the 200 day ma (0:59-3:10) #nasdaq (3:11-4:15) #DJI (4:16-5:25) #ethereum (5:26-5:54) #Btcusd (5:55-end) #headandshoulders pattern #capitalgainsharvesting (11:25-12:23)
In this video: * Where must we close today/tomorrow? (0:00-3:30) * Why additional variables outside of technical analysis only mess with good technical analysis (3:30-4:30) * Is this really a valid H&S pattern? (4:30-6:30) * What I need to see for further confirmation down (6:30-11:30) * A look at the weekly chart - M pattern spotted (11:30-13:25) * A logarithmic...
In this video: * I discuss this significant price level of $36,000 Bitcoin * I discuss future possibilities regarding price action * I discuss the previous Head and Shoulders pattern I had spotted * I question whether or not it's target down is something that we should continue to pay attention to.