Euro/Australian Dollar: Possible continuation of the channel!!!My expectative for Euro/Australian Dollar is bullish, because the par formed a bullish channel and that could mean a possible bought on this par. Also, it's interesting what I see in this par. It's so interesting to know it. So, at the moment, I can't to say that we're to up, becuase another possibility is that Euro/Australian Dollar show a bearish pressure.
So, beware to trade, it's not reccomend until we broke down the $1.6485 AUD to short or $1.6538 AUD to entry in long position. So, we have these option if we see any break up or break down.
Now, more interesting is in Daily that the Fibonacci show a bought for long positon in the 0.618% of Fibonacci. But, we would awaiting that Euro/Australian Dollar make this break up or brea down. So, my expectative is bullish, but I need a good confirmation to entry in this par to trade.
We hope this opportunity!!!
So, please put 2 alarm alert in the $1.6450 AUD to short position and $1.6538 AUD to long position. You can to use any lines as I show you!!!
I will going to updated more this par, just be patience and remember, knowing the price action strategy!!!
Priceactionstrategy
Bitcoin Cash could formed a double top!!! AlertBitcoin Cash show a strategic os supply and demand and so, we see that the price is turn bearish.
In Daily, we supposted that Bitcoin Cash it´s can be to retest the $240 USD to then, entry in short position in the $257 USD. Also that Bitcoin Cash could want to retest the key support line mark in blue and we would need to hope 2 thing: the closed up of the Daily candlestick today and then, we would need to hope in H4 a validation for the entry in short position toward the $240 USD.
Now, in H4 we see a possible formation of double top, it's so sorry that I can't to make a technical analysis on Bitcoin Cash, but If I did this analysis, I would entry in the $268 USD toward the $256 USD, in that point could be my target. But, right now, we see a good opportunity for short position. So, we would need to hope and be patience, I can't entry right now if Bitcoin Cash going to up a little to then, to have the possibility to form a tripple top, that could be another good point to take in noticed that and be cautelous with our trade quality, just I hope that. So, also that in H4 we see a bearish rising wedge and that could be an alarm that the price is weakness the boughts force.
So, pay attention on this analysis and be patience to give us our short entry!!!
EURCAD SHORTOn the 1 hour time frame, you could see that price is clearly in a 3 touch ascending structure. Nearing this 3rd touch, price came impulsively, however after several rejection candles showing side for reversal followed. Also, on the smaller 15 minute time frame you could see how price broke out of a corrective reversal flag that resulted from an impulsive rejection. Watch for Bears to begin coming into the market.
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NZDUSD Continuation DownNZD/USD is showing a very good high probability setup. In this recent price action, price has broke out of a 3 touch structure in an ascending channel. After breaking out impulsively, we are now inside of a continuation flag. A break of this flag will confirm a clean Short Entry .
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Bitcon could to form a shoulder head shoulder!!!Bitcoin was consolidation from the past 4 days and we see in Daily that we continue with the expectative correction. In H4 we see a shoulder head shoulder and, but rememebr that bears are here to pump the price!!!
And remember, in Daily we see a weakness of the trend as Bitcoin make the correction
Also, Ethereum make their correctiom more early than Bitcoin. So, I will going to check in Ethereum, because in Daily we could see a correction approximately of 6% on Bitcoin.
Are you prepared for the correction_
NZDUSD Price ActionNZDUSD Is looking to fall this week following this recent price action. Price action is showing us price breaking out of a 3 touch structure, but what is important is how we broke out. This is important because price has broke out in the formation of an ascending channel. This current ascending channel it is currently in is crucial because it could be a prime example of how Price action fools typical support and resistance traders. The normal S/R flip would indicate a buy off of a retest of its previous high. Price action catches these traders on the wrong side of the market, and has the potential of having a huge bearish move this week to the bottom of its bigger structure. Best of Luck to my traders this week!
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Bitcoin make a fake movement!!! It's bearish movement???In this analysis, we see that Bitccoin yesterday make a up when we formed an Head Shoulder Head inverted in H1 timeframe, but that is another end becuase Bitcoin reach approximately at $13,339 USD and then, make a bg red candlestick, that mean a bearish movement, and then, we could see a possible bearish continue of the trend.
That explain in H4 timeframe in this analysis. But, that was a fake movement and Daily timeframe suggested that Bitcoin want to go back to the $12,300 USD. Also, as in H4 we see a pretty bearish divergence + price action confirmed that Bitcoin it's leading with the bearish sentiment right now before to continue up!!!
Very important is to watch the Daily timeframe, this kind of candlestick show a weakness of the bulls. So, I reccomend to right now to be with the perspective bearish. For that reason, I'm do not trade in long position yesterday and I hope a bought of the $13,200 USD with confirmation, that is my strategy what I trade. So, I'm going in favour o the bearish sentiment. I put a short order limit at $13,100 USD towards the $!2,300 USD as my take proit and my SL is $12,424 USD.
I hope that you like this analysis for you!!!
I kow that it's not easy to trade cryptocurrency by volatile and manipulation by whales. But, if you have a knowledge and a strong psycology on the supply and demand, you're have successful.
Ethereum is into this bullish flag!!!In this analysis, Ethereum is weakness and the trend is leading ot the bearish towards the $354 USD.
Ethereum has the same situation of what Bitcoinn do!!!
But here is more interesting in H4 or you can see in H1 timerame. But, H4 is my key to keep my trades in long. So, Ethereum is forming this bullish flag ABCDE that the bear are take the control o the trend to be the price it's going down. So, I put my sell order limit at $412 USD with a SL at $422 USD and my target profit will be $394 USD. Also, as reference the RSI show a weakness and I mark that in this yellow circle that I show it.
Guys, i you like my technical analysis, please comment, give a like and I hope that this idea it's support for you!!!
Long Position: Ethereum mark the 0.618% of Fibonacci!!!Hello, in this technical analysis, Ethereum mark the 0.618% of price entry with confirmatio to entry in long posiiton. I put my buy order limit at $410 USD with a SL at $403 USD and my own take profit it''s $442 USD.
So, I see that Ethereum is going to bullish!!! This is a good opportunity to buy Ethereum!!!
And then, this is the Daily timeframe. Ethereum show that it's going to bullish!!! So, we would need to buy Ethereum in hte best level to get our target profit!!!
Good luck in this posiiton!!!
Short Position: Price Action + Bearish divergence in RSIIn this analysis, we see that the price action show a bearihs reversal with the RSI bearish divergene in H1 and H4 timeframe. So, We could have this short posiiton. But the only that we would need to pending is this broken line, becuase if this bearish divergnece don't make a Bicoin go back to the $12,400 USD, we could see that Bitocin could to form a possible little-re-accumulation forming an simetric triangle. That could be a possible scenario that we would need to be prepare.
In H4 timeframe we see this situation that Bitcoin it's goes to down.
So, in the past analysis we see a fake signal, we see a bearhs divergence when Bitocin it's around of $11,700 USD, but the price action was not confirmed, but these is an example. Look: if we see a bearish divergence, that is the first, but the second point and the most important is to see a bearihs candlestick group as libelula doji, envolving bearish candlestick, bearihs hammer, or some kind of bearihs candlestick. That is important, the price action is the market languages. Don't recalll it. But, we see in h1 that Bitcoin turn bearish bcuase in the past days we see this big bearish candlestick in H1timeframe, and then, we see the confirmation to entry in short with two perspective. Bearish to the $12,400 USD for this support key of $12,400 USD or any formation of chartist pattern as I show it.
So, I entry in short!!!
Long Position: Silver show us a good bought toward the $26 oz. Today, it's my first time that I analyze one of my commoditie appreciate and it's Silver. Waoh, I'm make this analysis becuase I'm interesting in the future bought and accumulate Silver .
So, in H4 timeframe Silver is steady today!!! So, that put that this asssets it's goes to the $26.26 USD (that is my own target profit).
Now, we see that Silver is into this bullish channel into this bearish channel. And that put in reason that in weekly or Daily timeframe is that Silver is into the re-accumulation zone.
Look in Daily!!!
I put my buy order limit at $24.50 with the SL at $23.70 USD and my own target profit wil be $26.20 USD
So, guys, if you like this analysis about the Silver, I'm interesting to make a weekly for the medium and long-term on Silver future. If you like this technical analysis, please give me a like, share this idea with your friends and traders and good luck on this position!!!
Short Position: Euro/Australian Dollar need to make a pull backIn this analysis in H1 and H4 timeframe, we could see that EUR/AUD it's turn bearish just to pick down a good profit of 222 pips.
Ok, looking in Daily, the moment it's become more bearish.
So, right now, we could not to entry i short position until we see a bearish candlestick group as second opportunity that EUR/AUD make a little up to then, put in short positon, it's that I hope!!!
Long Position: Gold into the ascendent triangle (Accumulation)Today, I have a good opportunity for Gold, also that Gold is still into this bullish channel, but into on it, Gold form a ascendent triangle with a simetric trianlge in H4 timeframe. I buy Gold at $1,901 USD toward $1952 USD, that is my own target profit.
Also, if you check out in Daily, noticed that the trend is become bullish. But more later, i will going to make a special analysis on Gold for this purpose.
So, as Gold is into this bullish channel, we can noticed that the trend is become more bullish.
Good luck on this position!!!
BItcoin could be reverse to the $11,100 USD!!!Bitcoin in H4 and H3 timeframe, I detect a bearish divergence that the price could be to drop. Ok, as Bitcoin is formed a bullish rising wedge on H4 timeframe. we could see another drop unti lthe $11,350 USD. So, I closed up my long position right now when yesterday I send you an alert that BItcoin is prepared to go bullish from $11,730 USD that was my positio that I entry in long, but right now, I see that in H4 Bitcoin doesn't have force to continue up. That could be a manipulatio pure and we need to be carefully on what cryptocurrency do. And then, today, I closed up my position on Ethereum and Litecoin becuase has sign to reversal. And then, Ethereum touch my break even, and then, don't worry about the loss, becuase just I losses less of $2 dollar, but in Bitcoin I recover this $2 USD losses when I lcosed up this position as I detect this reversal trend soon.
So, I put my sell order limit at $11,800 USD, that was a resistance that Bitcoin falls in two ocasion and then, we hope that Bitcoin make a reversal of the trend. Now, the SL I put on $12,000 USD becuase the $10,800 USD it's a critical point of bears scenario and we could see this as manipulation, like Ethereum do!!!
The share with you the RSI and RSI show us a bearish position and the movement was volatil that Bitcoin could be manipulated, so that turn a Bitcoin bearish until the $11,350 USD go back!!!
Ok, looking in H3 we see with clearly that Bitcoin has a bearish divergence on the RSI. That is a signal that bulls are out and then, bears going to control it.
So, if you have any question about this manipulation of perspective, please comment. I see that in ocasion the crypto-market is volatil and there's a manipulation movement. Yes, it exist, but the most important is your risk management!!!
Long Positon: Euro/Canadian Dollar strenghten!!!Euro/Canadian Dollar turn bullish in H1 timeframe and we hope a pending order at $1.5550-$1.5540 CAD to entry in long position in this par.
We have a forecast of 176 pips to find up!!! That is a huge earns!!!
In Daily EUR/CAD is bullish, if we entry in the yellow zone, we could to get our profitable, but I do not analyze this par from yesterday, but there 's another buy opportunity in these price levels to buy with confirmation of the candlestick strategy and price action.
Good luck!!!