Technical Analysis behind my short position on NIO. I have been watching this triangle channel for a while now and with this last week, it appears it has strongly broken out of that candle. Before entering a position I am waiting for it to retest the bottom support of the triangle. Just speculation :)
Hello everyone, if you like the idea, do not forget to support with a like and follow. EURAUD is approaching a strong resistance in blue so we will be looking for sell setups. on H4: EURAUD is forming a wedge pattern but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing. (projection...
Here you can see btc is currently Repeating the Cycle of this Macro Rise Level. NESARA is going to change everything very soon and we may see the end of our economy and what it is now... A revolution, a new beginning. And awakening
Hi everyone: Looking for further bearish development on NZDUSD as the USD continue to gain strength. We can see after the initial bearish impulse down, we see a larger, flag like structure. Price has been consolidating within, and looks clean for a possible continuation downside align with the higher time frame perspective. We can see now price is currently...
Hello traders: Here on GBPUSD, we can see price initially pushed up from the descending channel that I originally forecasted in the previous idea. Price has now hit the previous swing highs, and at one point was looking like it will breakout and continue upside. However, at the top of the price action, instead of bullish continuation on the lower time frame,...
hi everyone: Similar like what I point out in GBPUSD, we can see EURUSD is also showing signs of possible bearish price action. Last week we we ended up see some short term bullish up move during mid week, breaking above the previous structure, and was looking like it will continue higher. Instead, what ended up with a bull trap, where price broke up, but no...
The most similar pattern I see suggests a further correction but as they say markets don't repeat, they rhyme. Do your own research. This is for fun, conversations, and journaling. Thumbs up. Let me know your thoughts. Sorry about the lag, using an old laptop today. Happy Trading.
Bearish scenario: A possible triangle on Wallstreet and SPX would likely break to the downside since trend came from downside direction - trend continuation. Bullish scenario: A possible w-shape pattern could play out with a big bullish signal after inhibitions before FOMC - positive impact on Bitcoin and Co as consequence. What do you think? 😎 Drop me a nice...
Hello everyone: USDCAD's higher time frame is looking very clean for further upside opportunity in the weeks/months to come. After the initial bullish impulse phase from 2016, price falls into this current large parallel channel structure on the higher time frames, with a few swings highs and lows. We can clearly see a few corrections and impulses within...
Hi everyone: What is your current view on the USD ? There seems to be an fairly equal amount of buyer and seller point of view and bias on whether the USD will continue gain strength or possible reverse and become weak. Many different opinions, different view points based on fundamental, technical and more. All could have their good valid points. So, lets...
$TWT is forming the reversal pattern - inverse Head and Shoulders. After the neckline breakout to the upside, bullish movement to resistance level at 0,65$ is possible.
Looking back at 2018 (left chart), when the 50MA (green) crosses the 200MA(red), we have a 40 percent rally to the fib. 0.618 level (green line in my fib box) before we settle for another 40 percent dip BELOW the previous low. Not saying this will happen again, but, If this move is to happen again, we can see a rejection after a rally to the same 0.618 fib...
Oil is likely in a broadening pennant topping pattern. But it does NOT look complete. I believe it will hit $93.23 there abouts before turning down strongly and for the foreseeable future. The plan is simple wait for price to hit upper blue line. Sell!
Squeezing here. Worth watching. break and hold of 433.98 with good buying pressure can see levels marked above.
Btc Analysis on Weekly timeframe explained on charts.
After the fall we had, BTC price is looking like its going to have a reversal soon. Bullish divergence at 4h hour chart is indicating that the sellers are losing steam and buyers are about to step in. This is just an idea not financial advice, do your own research before investing.
Bitcoin is heading down towards an inevitable ~30,000k mark in correlation with July 2021 mark. Triangle pattern, Linear Regression and Fibonacci. Long term shorts will be profitable Traders should prepare long trades to trigger at sub ~30k marks.
looking for bullish price action on dollar yen after the lows of the year are liquidated. Always risk according to your plan