GBP/USD has been falling since July 14th and now is looking like its trapped within what looks to be a Descending Triangle or Pennant considering the current Low is higher in the Support zone then the Previous. The Descending Triangle made of Lower Highs into the Support Zone should typically give us a Bearish Break where price continues LOWER! -What makes this a...
GU has recently had a pullback on HTF within the bias of uptrend - it has entered an OB zone below where the BOS has happened, which is what we are looking for. Awaiting for more confirmations of the continuation of bullish behaviour.
I personally use the first one. Second one is kinda meh ... using it only on LTF . Confirmations and etc. My swings are always #1 Passive. Hopefully I helped some of you. <3 Good Luck
Before anything else, I am expecting a run into the 1.00902 level going forward. Why? It's the closest liquidity pool and the only long term high, Which means I am also expecting the DXY to trade lower. On the DXY chart. We see equal lows. This acts as further confirmation for me. Good luck and good trading.
USDMXN Entry Price 20.67130; Take Profit Price 20.84070
Coin has been on a roll the past 2 days. Back on 6/22/21 COIN retested the 5/19/21 all time low of $208.44, when it opened with a 5.33% drop in an hour and 16 minutes, dropping from $222.64 to a low of $210.77 : There was even a 2nd quick retest of the all time low 41 minutes later : By the end of that day, COIN had closed right where it had opened the...
An interesting perspective to visualize how the previous 2 weeks have played out. Marked are each of the daily high and low points. Price has been creating lower highs since Tuesday and as we can see, Tuesday has created the weekly high and low so far. If price breaks Tuesdays low then price should come down to the 13550-13500 area. With a Fibonacci retracement on...
Just a chart highlighting the lows and highs of COIN so far. // Durbtrade
What I do know ... is that 49 days ago we were at 43021.00
XPTUSD
Daily timeframe is bullish as we didn't break our previous low 4H timeframe is bullish as we didn't break our previous low and made a new high Based on the 4H chart, Gold will come down to retrace our Fib level around 50-61.80% where we also have a resistance/support level (look left) So personally I would wait for a 4H buy signal confirmation around that area...
Top-Down Technical Analysis: The monthly time frame shows a strong bullish signal Weekly also is bullish biased rather than bearish as candles are making higher highs and higher lows Coming to the daily time frame we can clearly see how the trend has switched from bearish to bullish as soon as we formed a double bottom and broke the previous lower...
GBPCHF overall is downtrending as you can see on the higher time frames (4H and above). We have added a chart image of the weekly and daily charts below this description. As you can see on the weekly chart, Price in march had spiked down aggressively to form a new all time low for GBPCHF. This can signify a possible aggressive rise in price in the near future....
We have a clear break of the trendline and price is currently retesting the trendline. Price might continue to previous high. What we need now is volume.
After hitting 100% Retracement, we can see price heading towards the downside, breaking supports and retesting with no interruptions.
MDLZ has developed an unusually long Platform candlestick pattern at a new all-time high. The highs and lows are quite uniform, which is often the footprint of Buy Side Institutions using Dark Pools.
Good morning people am back to posting frequent ideas... to begin with, the dollar still remains respectively bullish we had the key 99.00 psych region which was clearly a clear barrier, area of liquidity, however due to fundamental positive data and china and the US still centring the attention with a possible trade deal we could expect further highs to be made...