Keepitsimple
Keeping things simple - Bitcoin correction - Part 3Keeping things simple, stick to the higher time frames, you have all the information you really need. Check my previous ideas for W1 and D1 analysis
This idea further strengthens by bearish position (In the short-term)
Explanation given in the chart
Given the current price action, I'm expecting price to either range or correct (I think a correction is more likely)
HAPPIEST MINDS TECHNO.After a decent correction and time spent on support area seems to be ready for a new rally from here as:
Cmp 870
Support 780-810 acts a SL for short term
Add more if comes around 750-800
Sl below 580(For long term view)
TGT 1080-1360-ATH+
I am not saying will happen overnight but patience will pay off .. Likh k de sakta hu m
Also apne bacho ko gift kar dena baad m
CONTINUATION PATTERN ON EUEURUSD has made a bullish triangle pattern, it will continue buying till the resistance point, 1.01515.
EURAUD NEXT MOVEEURAUD seems to want to do a retracement after its big fall, there are two break off structure up so I think there will be a third one.
THIS IS NOT A FINANCIAL ADVICE!
I recommand to use only 1-2% of your trading account per trade.
Time to Hold some positionsPrice break the trendline for a long time and retesting it, Head and Shoulders pattern and price retesting 20 & 50 SMA
Bearlish formation Head and shouldlers pattern, trendlindle breakout pullback,
Day traders let's go Risk rewards ratio is perfect, Stop Loss above resistance area.
Crazy HEAD and Shoulders
This is for my longterm traders and Day traders can as well keep track and grab some few pips daily,
Could this be the three(3) perfect touches bounce that we take us to the moon once again,
As you can see it looks like support area is gonna hold and the Bollinger band spike.
If you look closely you will see the crazy head and shoulders with multiple shoulders not like the perfect ones you see on textbooks, but don't worry if you didn't see it.
WARNING ⚠️ Day traders be very careful following this idea, you might blow your account if you go long at the Wrong time. Check lower timeframes for more confirmation.
GOOD LUCK.
Possible SELL opportunity on CADJPYThe CADJPY pair might offer soon an interesting sell opportunity assuming a trend continuation scenario.
After a recent uptrend, the pair is currently moving between a major resistance (downward pressure) and a major support (upward pressure) with the latest move being a significant downtrend.
A SELL opportunity might form if:
The Breakout Pivotal Bars turn bearish (candles colored in red) in the blue circle at the top
The RSI Exhaustion becomes Bullish Exhausted (RSI line gets colored in green) in the blue circle at the bottom (around 50)
If instead, the pair starts to consolidate around the current level (moving pretty much sideways), the subsequent scenario might turn to the bullish side.
Either way, remember to do your analysis, be patient and always look for confirmation from the indicators.
META: downtrend continuation or reversal?META is down almost 60% in the last year and it looks like there are two possible outcomes from here.
Bullish scenario:
The current pattern is generally bullish and typically anticipates a significant trend reversal.
The Sentiment Index indicator shows a weakening in the Bearish Sentiment which could indicate that a more bullish sentiment could come next.
Bearish scenario:
The price is currently pushed down by two major resistances and any bull attempt must be able to break up both.
A breakdown of the Bearish Sentiment trendline (blue trendline at the bottom) would indicate a strong trend continuation to the downside.
Given the overall market condition, it is likely that META will move according to the macro-environment, however, the two scenarios above outline what to look for.
Remember to do your analysis, be patient and always look for confirmation from the indicators.
CHFJPY IS A LONG TERM SHORTReasons for this trade:
1. It broke the trendline confirming a reversal for the downtrend
2. Its currently at a zone (78.6 - 88.6)
3. As long as it doesn't break the last high ( at the 100%) then this will be a nice bearish move
Trendline slowly breaking out. USDJPYI'm just going to make my description shot the chart explains everything
As you can see the price is slowly breaking the trendline and the zone is holding
NOTE: The price might reach the support from 2015 before going up again.
Good Luck.
Trendline slowly breaking out.I'm just going to make my description shot the chart explains everything
As you can see the price is slowly breaking the trendline and the zone is holding
NOTE: The price might reach the support from 2015 before going up again.
Good Luck.
Massive win on #Wink ;) - Just As Speculated I hopped in quite late on the breakout, but added to my position after seeing multiple hourly rejections on the retest of the triangle. turned out to be a solid win.
stay tuned for more free analysis.
📈 Bullish rebound ahead!Looking over the last ten years in NDX, we've got a bullish seasonality from now on until the 27th of July. This seems to match with our recently touched 50 % fib retracement. A bullish rebound appears to be very likely now.
inverse head and shoulder on xau/usd.long story short price has broken out of a large uptrend. indicated by the green trendline. price did retest the breakout trendline. and then formed a downtrend channel.
the inverse head and shoulder is left with the second leg. in other words its an opptunity to buy. till the last major high.
be careful of manipulation.
AUDNZD For future short1. Big break of Trend to the downside
2. Currently retracing to our entry area
3. Look for short around the 50% area
CHFJPY GOING TO A SHORT1. This pair broke trend via the trend line break
2. It created both swing points to place the fibs in a down trend
3. Patiently wait for entry in the yellow zone
4. I see a nice flip zone at the black zone.( An area in the market where it was once support and resistance)
Ethereum bottoming out Ethereums forming a classic inverse head and shoulders. Keeping this chart nice and simple.
GAMB pushed ATH today, can we see $12.31 before a pull back?Gambling.com Group Limited, just went public and has been something I've been anticipating for awhile now as I have seen this company grow from under 10 people to over 150 in the last 5 years. As American States are opening up to legal betting they are constantly launching new websites and acquiring domain real estate and owning the affiliate gambling marketplace, as they should, since they are "gambling.com".
today looks like a nice EW and thinking the final wave could break $12.31 at the 2.618 FIB Extension. blasted throught the 1.68 FIB EXT
and as i was typing it we blasted through $12.31
$24.42 BITF?BIT FARMS now trading at $7 and still anticipating a sell off wick to $5 or lower before the move above $10 and break ATH! I have this finishing on a 4.236 Fibonacci extension getting us close to $25, holding till $55 personally. RIOT and MARA ($37/35) are similar BTC mining companies to compare stock price with. Bit Farms is located in Canada and uses hydro electric power to keep the mining facility cool and eco friendly electricity. BITF earning coming up August 16th.
BFARF (BARF) BOYS!!!🤮🤮🤮
