BITGET:AAVEUSDT touched the Lower High's trendline and immediately went back down for a -4,56% (respect the +11% that was made before). This means that BITGET:AAVEUSDT rejected the trendline and went back. This could indicate that BITGET:AAVEUSDT could go short again for some time, in the extreme case it could touch again the blue support. Or BITGET:AAVEUSDT...
If you check my previous post about AMEX:IWM you will see that I signaled the potential for a lower high here. This is no confirmation of that being correct just yet. I just thought the opening of the week was extremely interesting. Check out the Equity Channel Podcast on Apple, Amazon and Spotify for more information on trading and investing.
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Bearish Indications 1. Lower Highs and Lows 2. Descending Channel Bullish Indications 1. Already test its significant support 2. Already formed LL after a large red candle and now it will move towards new LH 3. It will go up to test the resistance trend line
Bullish Indications (BIASED LONG) 1. Morning Star Formation at the Point D 2. Bounced back from major support which was tested before 2 times 3. Bullish Divergence 4. Bullish AB=CD Pattern found 5. Price will go up for correction Bearish Indications 1. Lower Highs and Lows 2. Price will continue its bearish trend if it breaks the support level
Bearish Indications 1. Lower Highs and Lows 2. Three Black Crows on LH 3. Significance Resistance and support area 4. Head n Shoulder Reversal Pattern 5. 0.6591 and 0.66903 fib levels restest on 1D TF 6. Significance Bearish Divergence Bullish Indications 1. December Remains positive for the last 3 years There are more bearish indications so I will open a short...
EURUSD - LH/LL & Reversal - Short I've entered a short position on EUR\USD after completing multi-timeframe analysis. The confluences are: 1. Price has broken below the 50 EMA on multiple timeframes, including the 15M 2. We are now forming lower highs and lower lows on multiple timeframes 3. Overall on the higher timeframes (D/4H), we are starting to look...
Visa Intraday - We look to Sell at 199.64 (stop at 210.66) The medium term bias remains bearish. A sequence of weekly lower lows and highs has been posted. This is negative for sentiment and the downtrend has potential to return. Resistance is located at 200.00 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets...
Expect XPTUSD to continue to decrease.
GBPUSD Intraday - We look to Sell at 1.1915 (stop at 1.1965) The medium term bias remains bearish. Previous support level of 1.2003 broken. A sequence of intraday lower lows and highs has been posted. There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 1.1760. Preferred trade is to sell into...
A typical characteristic of a bull market as seen is its significant highs are higher and its lows are higher. However, the market has confirmed moving into bear when the market broke below the major uptrend on the 3rd week of 2022. Now we could see the Bear is in-charge. And a typical characteristic of a bear market as seen is its significant highs are lower...
NSE:BANKNIFTY Weakness Observed in this current uptrend wave. Reasons 1. Series of HH - HL has been broken and a new LL has been created. 2. Continuous decrease in RSI indicates weakness in trend. This Analysis is not a trade recommendation. It is completely for study purpose only. Do your own study and research before getting into the trades.
Continue to hold on to short positions for CADJPY. Once price breaks and closes ABOVE blue trend line, then exit short positions. Note: The series of lower highs is a sign that CADJPY is getting weaker.
My thoughts on bitcoin? 1) downwards channel formation still intact. 2) lower highs, lower lows. 3) breakdown from uptrend that started July 2021. 4) market structure aoi around $44,444. 5) would like to see a 3rd tap on the support line on the downwards channel with strong buy pressure. Happy holidays to everyone, and Merry Christmas. 👍
CADJPY is bearish. Three lower highs. Trend Line, EMA 10, and EMA 20 is a negative slope. Pin Bar located at lower high.
Hello all, Please do this so my 24th birthday isn't depressing. I just want all my debt paid off by 2022. Downtrend (lower highs, lower lows) Target $44,444.
A previous Bullish Uptrend has been invalidated at the Break of S1 which created a Resistance and a retest at S2 with price holding to retest the trend-line acting as Resistance. A Bearish Engulfing and or Spinning Top with a Strong Bearish Candle is required at this RESISTANCE AREA to go short.