M15, M30, and H1 are overbought A double top with divergence on M15 Counter trend but there is a pattern on H1 and M30
Closed my open overnight position, I believe the market is still in a down trend but is looking at going higher up for the day now before it starts to come back down (possibly NY Session). However no trade is ever a guarantee.
This pennant has a strong probability to generate a directional move, 15-20% in either direction. Wait for breakout and trade accordingly. Make sure to stay flexible and reverse the position if a headfake occurs. Generally speaking, pennants usually continue the previous trend, and so a downwards breakout should be given a higher probability of occurring.
WTI broke the pattern, made a retest and started a new downtrend. Amazing setup!
it could be head and shoulder pattern wait for confirmation FX:NZDJPY
This is my favorite of all the patterns. This is a bearish Cypher. You would look to sell the .786 retracement here and take profits at the .382 and .618.
Insight on the USDollar Index which correlates with other usd pairs
Hello Dear friends Areas have been preserved in downward correction trends. Two price ranges of $0.6024 and $0.5645 are very important for us. There can be two entry stages. Don't forget; The condition for forming the scenario is to maintain the price range of $0.4849!!!! The momentum of the upward movement is very strong and the possibility of forming the drawn...
FOREXCOM:USDCAD What do you guys think?
guys. its time to buy some oil to our cars before 140-145 area ..... need to full my tank : )
isnt it look so scary? yes it is.... and it looks like bitcoin 66k high and 69K high... we'll see what will happen next. Monthly demand is there : )
Hello dear friends Strangely, this chart has an ascending guard!!! If the price range of $15.34 is not completely consumed, we can expect the formation of an upward trend, according to the drawn scenario, up to the price range of $22.11. If the $15.34 range is missed, the next area we would expect price to react to is $13.81. *But it is very important to...
NKN is holding bullish flag pattern and also its getting close to 0,618 of fibbonaci reatrecement ratio. I am expecting here pump ,of course its risky trade remember to use stop loses.
As you see the chart on 15 min time frame showing there is a range and when i like to trade my trade system is to wait a candle tells me if price go up or down and if you look how the price react with key levels .. Cause the chart tells a story and key level is the author
Key levels are psychological price levels on the chart where many traders base their technical analyses on. These traders are likely to place their bullish or bearish entries, and exit points around these levels. And as a result, key levels tend to be crowded with a high trading volume. Key levels also attract so much trading volume because that is where...
It has maintained its weekly ascending channel! Currently, the bottom of the ascending channel is located, provided that the price range of $0.0587 is maintained, the possibility of forming an upward trend according to the scenario is not far from the mind! Please don't forget, be sure to set a few levels of profit limit. We would be very happy to hear your comments.
as i said to you there was a huge probability of going down and thats what happened tog gold it went from 1712 to 1700 and we can go out from the trade or we can wait until we see a strong candle tell us to close the trade and go out i'm so happy to show you my analyses ! you can check my previous analyse
M15, M30, and H1 are oversold There is a double bottom on all 3 charts with divergence Stop loss should be below 0.97553 1st target is 0.98248