Important things to note: This is exactly what an auto fib tool tries to do. Auto fib tools are only semi accurate. Doing it yourself is far more accurate. A fib should be used in conjunction with targets from patterns. This is how I come up with my price targets and calculate larger movements. I hope you can see the pattern that form and why they form. I did...
$50,086 target upside breakout, $40,318 target downside breakout. We are losing negative momo on the daily, something to keep in mind.
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. USDJPY: First Entry: +1% profit. Second Entry: Running about -0.5% loss Full analysis/forecast: EURJPY: First Entry - 1% loss Second entry -Running about +3%...
Price are dropping. we just tumbled down from one help region and if this new help that is holding the value break, we can anticipate another fall. There is one local resistance which is pushing the price down. Be cautious with your positions in light of the fact that there are many sell volumes available today. We may possible see another correction Current...
Take a look at my previous post where I predicted that local top, this time im predicting 37k btc after a leg up first, this is based on the wave theory like we saw at previous run up. Still this has some speculation in it. Do your own research.
(#For_education_purpose_only) Tata motor major resistance and support drawen on chart.... Don't short immediately because it comes in bullish trend recently did breakout on last trading session.... wait for movement.... Safe traders should watch this and learn only don't try to earn immediately, it's risky movement for intraday traders....... No long, No...
Money Makers! BTC has had a very strong rejection and is now looking to aim lower to find the next MAJOR support before continuing higher. On the weekly TF shown I've mapped where I think BTC should retest in the upcoming weeks. At this support is where I would consider going LONG. There is another support on the way down, which is around 40k. Let's keep our eyes...
Important things to note: ADA has created a rather nice basing pattern Has 2 higher highs, 1 proper retracement 1 more proper retracement will signal reversal Price has broken through its resistance at 2.57 BTC has made bullish price decision Important Dates to Take Note of: ADA Alonzo (smart contracts) go live Sep 12 2021 ADA Summit Sep 25-26 2021 So, things...
Hello everyone: Also eyeing USDJPY for the JPY strengths in the market. From my previous analysis at the top of the expanding structure, price did impulse down very aggressively. After a strong impulse down, price begin its corrective phase, and we are getting this parallels channel structure, as price continues to correct within. The more swing highs and...
Hi everyone: Let's take a detailed look into EURJPY’s current price action, what my analysis and forecast so far, and do some backtesting on previous prices to give us a positive outlook on the potential bearish continuation price. Starting from the Higher time frame, clear double tops, and ascending channel reversal are very noticeable. Then the price had a...
Hi traders: Looking at EURJPY here for a potential continuation bearish price action. We can see after the impulse phase from the top, price correct into an expanding structure. Within a few swing highs and lows, double tops, combining with a rising wedge reversal, giving me a bearish price action confirmation. Now that price has broken down from the wedge,...
Important things to note: BTC is about to make a price decision rather soon We have an ascending triangle Triangle will likely break to downside if BTC price moves down We an descending wedge earlier which pushed price right to target of 2.55 If pattern breaks I expect price to settle at 2.2 and test a lower region If there is no break it will test resistance...
Important things to note: ADA had created a clear short term downtrend (3 lower highs, 3 lower lows, w/ retracement) Descending wedge pattern lets us know price will eventually push upward Likely to create base prior to push No reversal signal yet Resistance at 3.39 Support at 2.2 Price has tested 2.0 Important Dates to Take Note of: ADA Alonzo (smart...
Hi guys, this type of pattern is on many cryptos, I am trying to guess where the next top might possibly be when the bull run gets started again. PS: I just need 1 more reputation point to chat in the trollbox, would be lovely if you can help thanks!
Hi traders: From my previous LTC analysis/outlook, we see price does indeed form the bullish correction and push the price higher. Now that price has impulse above the previous highs, there's good opportunities for another buy opportunity. Price is likely to consolidate here and form into a bullish continuation correction structure, so be patient and wait for...
Hi everyone: Also eyeing MATIC's bullish price action for another long opportunity. We can see from my previous outlook, price indeed reverse from the falling wedge structure, and bullish impulse up. Price is hovering around the previous highs, but in a consolidation, which is a good indication for another move after the correction completes. As always be...
Took 4 hours intervals, ETH vs. BTC. There's an obvious ascending stairs pattern.. ETH is gaining momentum.
Important things to note: Price tested 2.0 level Price is sitting at rather weak support On 30M chart you can see a bear flag forming. (watch where price breaks the pattern). I do not believe price has settled. Price has tested 2.0 BTC has pennant on its chart. There is a massive amount of buying volume happening Important Dates to Take Note of: BTC becomes...