Time Frame: MONTHLY Possible Trade: SELL Quick Technical Analysis: Hmm... possible strong Bearish Reversal coming up? GBPUSD seems to be in a significant Area of Resistance compared to price levels of March 2018. The Area of Support from 2009-2016 has now transformed into an Area of Resistance which, if respected, could signal a possible Bearish Reversal. GBPUSD...
Over the short term: THe pattern left a huge gap, which amy get filled again. The 40$ support is strong and presents a nice entry position. Over the long term: The company enjoys growth tailwinds in its home market China and will increase its presence in overseas markets dramatically in the coming years. NIO is not as expensive as some other EV stocks, but...
INDIABULLS HOUSING FIN LOOKS TOO GOOD BREAKOUT HUA FROM TRIANGLE PATTERN TARGETS COULD BE 350
Hello everyone: Since I couldn't do the mid-week market update live stream, I thought I would go over the USD pairs in more detail in this quick video. My overall bias on the USD is strength in them, so I pointed out 5 USD pairs that could shape up for such opportunities. Like always I need to wait for confirmation from them, so they are very close to shape...
USD Bullish Outlook Hello traders: USD has certainly shown us some strength from yesterday, and many of the USD pairs are looking very clean for some bullish move in favor of the USD. We can see here on USD index, price slowed down when it reached a double bottoms area, correcting within the descending channel structure. Finally we see some bullish LTF...
Healthy pattern in the next weeks around 4.5$ and 3.5$ until we could target the next breakout.
English The theory says that its heading for a bearish triangle. we are in a trend continuity pattern. but its a probability, not a certainty. I think there is a 50/50. BTC can break up that resistance at 40,600 or try to look for levels close to 30,000 Español. La teoría dice que se dirige a un triangulo bajista. estamos en un patrón de continuidad de...
We are still short bias. The plan is working out so far ;)
Hello fellow trader As one may see in the chart, two patterns were formed by the price. The first light blue marked is an rather choppy inverted cup and handle formation. I have outlined the target calculation of the pattern in the center of it. The time frame is a valid one, c&h structures need at least several weeks to be taken into consideration. Also that...
Etherium has been moving in flags, simple method for easy setups just find the trend on lower TFs and wait for the break it’s been quite bearish lately make sure u follow the stronger trend!
Bitcoin - Wyckoff Redistribution - next move to 20k?
After recording All-Time High WIPRO looks set for some correction. SELL Below 528 TARGET : 480/471/457 STOP LOSS : 543
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week. I will explain my approach on the entry, SL, TP and management. Getting close to end of month, and overall pretty mellow. Quite normal coming from a bigger profitable month last month. Still very please with the result, +3.36% per the...
Bitcoin came down! Now that it looks more like it will reach new lows (than yesterday) I want to share a bullish perspective. This is what I have been calling the 'coconut long'. It's where you get a horizontal value area, followed by a spike low, followed by a horizontal value higher than the previous hva. Price has a tendency to dip down closer to the spike...
Price broke the downtrend line. I think now a good time for an entry point. With stop-loss. Only with stop-loss. And with the goal to accumulation zone to 0.47-0.51. I don't exclude that it could be a false breakdown. Be ready for all scenarios. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
If i was a very optimistic person and super bullish on BTC i would think about this huge bull flag.
Hi everyone: Today I want to dig deeper into a few USD pairs that may shape up for a very good bullish move in USD in the near future. I narrow down the 3 best potential pairs, EURUSD, GBPUSD and USDCAD. EURUSD GBPUSD USDCAD Lets take a look at each of them, and see my analysis, forecast, and entry potential on all of them. As always, understand that...