BTCUSD is in its natural up trending spirit again. This was confirmed by noticing a relatively strong bullish reversal pattern within a stronger reversal pattern, the Inverted Head & Shoulders patters. this can be made clear buy utilizing the different variations of candles. The Candlesticks chart, the Line chart, as well as the area chart. Simple structure...
BtcUSD, currently following bearish trends and structures. As long as the structure holds thinking price will target the lower price target and fill in the mpib and possibly test the b. ob. then return to mfv testing the bb. (Setting price Alerts at each target area.)
Xauusd focuses on selling due to DXY index is bullish - waiting for h4 to reach selling zone and then focus on current price reaction on the h4 zone. any buy opportunity is only for scalping.
USDCAD has may small breaks and retest. I am entering on this retest on previous support. Hoping for a strong push upwards. Stop Loss placed 5 pips below. Moving stop loss in order to catch as much profit as I can.!!
for stubborn folks and newbies #GLHF and remember to maintain Pain and Pleasure Requirement: Discipline
Here we see that there is an initial structure of trend change where there is a lower low and a higher high, so we can assume that EURGBP will have the potential to change from a downtrend to an uptrend. in this setup, it is enough from the demand zone and the target price in the supply zone, the closest target price if this setup is successful is 0.842 - 0.8435....
there is still potential for an increase, look for opportunities to buy during the retrace
Both technical analysis and fundamentals are looking ready for a comeback. Cenntro produced 628 electric vehicles in December 2021 - highest volume in a single month 2022 guidance to deliver a minimum of 20,000 vehicles. Market Cap 390.294Mil, still small. My price target is the 11.50usd resistance. Looking forward to read your opinion about it.
Recap: FX:USDCAD made some strong strides down, while ending with strong bearish candles this Friday. It should be expected to continue next week possibly starting off with a retrace and possible retouch and continuation. Strategy: Red : If price decides to not continue, but rather make another strong bearish run. Then I will wait for a pull back or for price...
EURUSD has been on a downtrend for many weeks now. With a visible trendline with three touches that all regected. Possibly expected to reject once more. As of now a sell bias is likely to happen for next. Just waiting for the perfect time to enter. Patience is key
I'm looking for a pullback before taking longs to 1.28000. What's your take?
any number of patterns playing out for NAKD cup & handle Inverted head & shoulder W bottom now that a higher low seems to be formed will traders come in to take the stock up the channel? who can say?
if NAKD cannot break $1 or the downtrend line, or both the trend is down to neutral if it breaks the down trend, or starts to hug the downtrend then I could see a possible trade the action is weak not financial advice
of course! (comparing XRP to NAKD) what a long strange trip its been these patterns are synonymous with whatever you want to call it consolidation, manipulation, suppression either way it works on the liquidity available in the market NAKD may be on the verge of an upswing not financial advice
Here we go, approaching the last touchpoint on the ABCDE Symmetrical Triangle Wave. Looking for that bounce out. With the amount of FTDs due on Jun 25th, we can be seeing a break UPWARDS. (then again, anything can happen)
a continuation of trend seems to be in order for naked 50/100 crossover tends to bullishness establishing price action over the 100 MA at some point $3 should be challenged and if that can be surpassed then $24 is on the table
although a much shorter time frame, naked is printing a similar consolidation pattern as the multi year xrp consolidation would be interesting to see if they perform/mirror going forward at some point naked will be ahead of xrp in the fractal time frame not financial advice