Get started

Parallelchannels

btc continue downward movementhello guys i really think btc is on descending parallel channel and it continue its downward movement until reach to important target... on the other hand, it touch too many times top of parallel channel and make this line so week so be aware of possibility of break up... personally don't get this position it is risky for me but still it is possible... always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
Short
by melikatrader94
9
GOING SHORT IN NZDUSDAccording to my technical analysis, It is forming an ascending parallel channel by creating a bullish Rally. According to the DOW Theory, it is forming Higher Highs and Higher Lows. When I pick a trade it is already creating a new High and it needs to be retraced back to create a new Higher Low. If we see the previous Higher High then it also creates a Shooting Star on Higher High for a retracement. It again creates a shooting star pattern on Higher High so hopefully, it will retrace back to create the new Higher Low. Let's see what happens next
Short
by hassamsaeed
GBPUSD-Weekly Market Analysis-Nov22,Wk4It's amazing that for more than a week, the market trial along the tip of the ascending channel; shows that the market has hesitance to break and close above the channel. That is excellent news, as I plan to short the GBPUSD off the Weekly Resistance Level. You could check the related ideas within the tradingview post for my lower timeframe strategy. If a break and close above the parallel channel happens, I will wait for a candlestick pattern confirmation at 1.2572 for a Bearish Butterfly Pattern. The harmonic pattern has the potential to form within the next consolidation zone, which is great for extension patterns like the Butterfly Patterns.
Short
by RaynLim
NEAR PROTOCOL the last chance (bottom) and the range market 📖🚀Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ we expect to see gain besides the range market is an acceptable scenario too 📖💡🚀 and if the price breaks the range area to the upside, we will see more gain 🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
11
MANA the last chance (bottom) and the range market 📖🚀Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside and the round number $1 resistance that many times stop the price from more gain ✔️ if the price breaks the round number to the upside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀 and if the price breaks the range area to the upside, we will see more gain 🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
3
SANDBOX the last chance (bottom) and the range market 📖🚀Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ we expect to see gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
3
💢SELL EURCAD at the best place and price💰🔰You can see the analysis of the Euro to Canadian dollar currency pair in the four-hour time frame (EURCAD_4H) 🔍🧨 💥As it is clear from the picture, the price is moving in a parallel bull channel🖤 If the price can reach the Resistance range of the upper line of the parallel bull channel🖤 and the Resistance line🧡 in the daily time frame, it can fall🔻 to Support🧡 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _____📈TRADER STREET📉_______
Short
by TRADER_STREET
USD/CAD: the beauty of price action. What's the next HTF target?Taking a look at the 4h-timeframe chart, we may observe how the price has bounced off the 1.35040 area of support that has been identified on the graph. Afterwards, some consolidation moves kicked in that were followed by an impulsive push to the upside. Right after the impulsive leg got printed, the correctional phase kicked in and the price got driven all the way down to the 1.359 area of support that lines up with the 61.8% Fibonacci retracement level. Later, we may notice how bullish moves kicked in and are currently running the price to the upside. Considering both technical and fundamental sentiments, we are pretty confident in the fact that the price will keep rising and reach the key area of resistance that is plotted on the graphic.
Long
by Investroy
11
🎁BUY AUDUSD at the best place and price🚀🔰You can see the analysis of Australian dollar to US dollar in one hour time frame (AUDUSD_ 1H) 🔍🧨 💥Considering that the price was able to break the Down trend line🖤 and pullback🧡 to it three times, and also considering the price movement in a bullish parallel channel💜, if the price can reach the DEMAND zone, it can experience an increase up to the SUPPLY1 zone🚀🔺 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉_______
Long
by TRADER_STREET