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Kink

head and shoulders in USDJPY...hello guys... today I was surfing throw forex pairs and see a great opportunity in monthly time frame at usdjpy pair... as you can see on chart price formed a head and shoulder pattern and target of this pattern is on $165, although break out neckline very well so it is very possible to reach target... there are two scenarios for upward movement: 1) starting to downward from here 2)retrace to neckline and after that start upward movement it is up to you to choose best position, which one do you choose? always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
by melikatrader94
26
btc analysis...hello guys... actually I wanted to publish an analysis of btc these two days but my internet was soooooo bad and i lost that opportunety, otherwise it is not a strong analysis because this quasimodo pattern which btc formed is so weak. I prefer do not get this position with my normal risk and split it two positions. one position on qml that i shown in chart, and one position for when price hunt las higher high and confirm hunting setup so be aware on this situation my dear always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
by melikatrader94
15
MATIC... MULTI TIME FRAME analysishello guys... as you can see in chart... maticusdt have formed between two QML from daily and weekly time frame and i suppose to touch daily QML and then upward to reach weekly QML... BUT if kink that i shown as gray area break down or be engulfed, this cryptocurrency drop a lot until next green area, I hope this not happened! always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
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by melikatrader94
doge...long-term analysis...4 reasons for long positionhello guys... I have prepared for you a multi-time frame analysis of the Dogecoin. As you can see in the chart, this cryptocurrency is in the 1-descending channel and the upper line of this channel has been touched many times and strengthens the possibility of an upward break. Also, there is a 2-kink between the two spike movements, which can be seen as a gray rectangle. Also, these two ranges form a triangular range(showed as green color) with the long-term 3-trend line, which is very suitable for buying and holding positions. On the other hand, this triangle is located in the 4-Fibo 1.6 area. always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
by melikatrader94
💡Don't miss the great buy opportunity in LINKUSD @chainlinkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29.46). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 59. Take Profits: TP1= @ 31.57 TP2= @ 32.95 TP3= @ 34.63 TP4= @ 36.31 TP5= @ 39.14 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
14