as other markets are falling in price Cardano seems the only one on surface, still above 50 EMA. I think it may dip somewhat, let's see how it plays out!
Hello everyone: Also watching out for NZDUSD for the potential downside move. We can see similar price action here like AUDUSD, as price had the same bearish impulse down, and formed into a larger consolidation. Here on NZDUSD, after the expanding structure was formed, price also formed a smaller reversal correction at the top. All good development here...
Hi everyone: Most of the Indices are currently around ATHs, and forming similar bearish reversal price action across the higher time frames. What we can see from previous Sell off in the market in the Feb 2020, price made the same ascending structure, correctively moving the price up. Then, we see strong bearish reversal impulse phase, crashing the...
Hello traders: Expecting the same development here on NZDJPY. Very similar price action as NZDUSD that I posted earlier. Same bearish momentum pushing the price down after a strong bearish impulse, and has now formed the bearish ascending channel reversal at the top. We can see price isn't pushing higher, nor any bullish price action developed. Instead its...
Hi everyone: Similar price action like AUDUSD, we can see NZDUSD is also shaping up for another bearish impulse down. After price completed the HTF correction structure, we see the bearish reversal impulse phase pushing the the price. Clearly it has broke out of the correction, and is now consolidating on the lower time frame. This is good indication for...
If Bitcoin reaches and breaks through the level of ~$42.440, it will form a W-pattern, which targets to ~$43.410 Waiting for the denouement...
BTC USDT possible resistance areas shown on chart. We are currently trading below support which is a bullish imo. We will continue to trade this range for a week or two before we can expect a (small) breakout to the upside.
BTC looks like a possible Ascending triangle, or a head and shoulders. I personally think ascending triangle will be the play but that's me DYOR, I think the bottom is pretty much in for now maybe test the low-mid 40ks again maybe 39k. we are sitting on the golden pocket as well some bullish divergence on the weekly and possibly the monthly for now. 58k then id...
Confluence of both harmonic pattern and and Macro bullish wedge of which is not yet completed. The anticipated sell off is about to complete a third torch to the lower trendline of the pattern.
GBPUSD traying to reverse its direction on 1.36800 resistance level as our direction, stay connect for next update
BPCL 16 jan 22 Formation of Bullish W pattern on daily time frame CMP 398 T1 412 T2 434 T3 444 For Education Purpose Only
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. NZDJPY: Running about +2.5% Full analysis/forecast: AUDJPY: Running about +2% Full analysis/forecast: AUDUSD: Running about +2% Full analysis/forecast: US30:...
According to the 20 moving average crosses up the 50 moving average so it might be possible it will go up too much
LITECOIN STILL MOVING UP. When LITECOIN rising going to halt? It is going to change direction only after breaking rising wedge lines. TA analysis from a bit different angle by G-Money2022 ;)
Some TA for a possible quick trade on the 4H charts. I did open position last night with a SL - 77.50 & TP 85.09. Right now, I would be entering Buy Trade with settings given below, such as: Enter Buy @ 82.32, SL - 80.67 & TP - 85.09 Best of luck to everyone! PS: It is not a financial or investment advice ;) It is just TA Analysis completed by G-Money ;)
MANA/USDT General S/R levels and trends idea Colors: - Purple: monthly - Green: weekly - Daily: red - 4H: yellow - 1H: blue - 15m: Grey - Less than 15m: White Note: Keep in mind that levels shown in chart are hold levels. These levels are try to hold the move up/down. When they get broken, please watch the previous high/low before and act accordingly.
I see a similar pattern playing out (the purple pen drawing). I could not zoom in to show the small details that are very similar, but you can see it for yourself on your chart if you care to.
hello traders; EURGBP is at the bottom of the higher time frame structure, and there could be opportunity of a bullish reversal. We can see price has mostly been correcting within the larger HTF descending structure. Every time when price hits the bottom, if there's reversal correction on the lower time frame, we do indeed see the bullish reversal impulse...