Week that ends with a candle of indecision, the price after a two-week ride has found a level on which to rest. The market is currently recharging its batteries for the next attack on the resistance at 58k USD, which I consider to be much more important than the one it stopped at this week. A scenario that seems to be taking hold when looking at the data on...
Video explains it all! Hope this is helpful for any Ford bag holders (like myself) to reconsider upon its' next move. Happy Trading :)
Daily Chart You can check my previous idea here: Bitcoin has broken down the trend line then touched and bouncing back from $28,300 besides, BINANCE:BTCUSDT has the resistance around $29,300 Bitcoin's still in Bullish Trend if it can hold above $28,300 then break out the resistance Otherwise, Bitcoin will sideway in range $25,300 - $28,400 if it breaks...
Weekly Chart Axie Infinity BINANCE:AXSUSDT is in indecision position around 6 It's under descending trend line and have a support at 5.7 Daily Chart AXS's in uptrend and rejected level 6 some times. So I think it'll retest the resistance around 6.4 Just wait
I've been tracking this for approx 9 months - I thought it had finished its form much earlier however I kept re-drawing trend lines - checking time frames high and low like a mad man. The consensus I keep coming too is we have a huge opportunity here. Diamond patterns are characterized as very rare however extremely reliable bc of how rare they are. They higher...
The dollar has been very strong versus the Yen lately. Price has reached yet another high and i believe its like to retrace bearish. The sellers have stepped in a provided some indecision and buy exhaustion. The blue 8 exponential moving average crossed to the dowside below the 21 simple moving average and price began a minor downtrend. This usually occurs before...
Gold has taken over 7 days to decline back to its lower low. I don't believe that price is prepared to push lower. I will await a re-test of the lows to indicate whether I will go long on gold at the bottom of its consolidation range. As long as price continues to decline with these indecision candles I'm under the impression that it will suddenly become bullish...
USDJPY is hinting at a momentum swing. The overall trend is still up however price has not been making any new higher highs on the daily, In fact, volatility at the high forms a bearish reversal signal. I believe price is pulling back intraday bullish, but this push isn't very strong. Another daily rejection at the high will trigger a short setup for me.
AUDUSD has been uptrending for a few days towards a very strong resistance. Price has been rejected many times in this area. Candlestick analysis suggests that price is slowing down. The candles have a lot of wicks and small bodies. However ADX suggests price is still very bullish. I will be awaiting a daily signal for a short. Anytime price is approaching a very...
Gold is all overall Bullish. Long term. However, since forming a strong Evening star variation at an all-time high re-test my sentiment has since shifted from an uptrend to a short term and definitely intraday downtrend. The weekly chart is still bullish. I believe the Daily chart just formed its higher low, price will now either created a new higher high or...
Order SELL MU NASDAQ.NMS Stop 50.17 LMT 50.17 will be automatically canceled at 20230401 01:00:00 EST MU weekly bearish hammer followed by indecision. We broke monthly uptrend, so why don't go lower?
Order SELL BABA NYSE Stop 73.61 LMT 73.61 will be automatically canceled at 20230401 01:00:00 EST BABA daily indecision continuation wave 5 downtrend can run into monthly support zone and retest of weekly downtrend line
Dear Traders, Gold has given us a mixed signal. The 4H trendline is broken and the bullish impulse move was strong. In the first scenario of retest, it may give a nice opportunity for buying continuation to 1665 level which either push price lower to 1645 levels forming consolidation, or will break and go up to 1682 area of previous year demand zone. I will...
Sell Stop 29.49 LMT 29.49 GTC Buy Limit 28.25 GTC Buy Stop 30.52 GTC BP daily indecision candle can run into weekly trendline uptrend
1. possibility: BTC continues to move down as it gets rejected by the trendline and key levels. Possible bottoms: 1) -0.382 fib level (12219) 2) -0.5 fib level (10550) 3) even lower points, some even say 3k 2. possibility: BTC breaks the June 2022 big drop trendline, breaks key fib levels and visits the moon. 100k? 150k? 200k??? Who knows... Enjoy the show! Be...
Order SELL UTHR NASDAQ.NMS Stop 211.77 LMT 211.77 will be automatically canceled at 20230401 01:00:00 EST UTHR daily indecision hammer at resistance can be nice ride into support zone.
Order SELL QQQ NASDAQ.NMS Stop 264.34 LMT 264.34 will be automatically canceled at 20230401 01:00:00 EST QQQ weekly indecision after bearish hammer. If we don't reverse next week we'll go lower. Stop loss above both candles, take profit into buying zone.
Order BUY BA NYSE Stop 134.10 LMT 134.10 will be automatically canceled at 20230401 01:00:00 EST BA daily indecision inside candle pressure building ABC of wave 4 downtrend. Stop loss under two candles, take profit to Fibonacci 50% retracement.