HI GUYZ If we look at the daily time, we see a trend change pattern This pattern is very accurate(QM) But it should be expected to activate the limit of losses I expect the price to fall to the 40-41 range and meet support in this area Then the price will go up to the 43-44 area where most traders have set their loss limit. It should be kept in mind that this...
The price in the daily time frame, at the same time as reaching the bottom of the channel, has formed the pattern AB = CD. . In the coming weeks, the view of climbing on this currency pair seems to be a more appropriate view.
We see a nice QM pattern forming on the chart. This includes price divergence on the daily and a retest of the last support. I have great faith that this pair is ready to go long when retesting that support again. Wishing you all a great trading week!
My TA analysis for next week. Daily Timeframes : BULLISH. Current Direction of market is BEARISH. (short term) Chart Pattern : QMP Setup (Sell) + QMP Setup (BUY) On this BIG Ranging. At Current setup is still bearish movement because price have break 2 H1 SUPPORT. For next week, watch what pattern form on lower timeframe (M15,M30,H1) at H1 Support....
we have 2 open GAP on BTC1! CME chart. I think bitcoin formed QM pattern in Daily TF. QM is a powerful pattern. Bitcoin was broken weekly trend line (in logarithmic chart mode) and i expect bitcoin goes up to near 60K for 3 purpose : 1-close open gap, 2- QM pattern complete, 3-pullback to broken weekly trend line. if correctly complete QM pattern bitcoin...