Monero/BTC daily pivots - Elliott waves & Fibonacci extensionsHello, I am somewhat new to Elliott Waves, but what I currently see on the "XMRBTC" chart is as follows. We are currently in the 5th wave and we may have resistance at the 0.618 level or at the next Fibonacci touch level and then have 3 corrective ABC moves.
Ressistance
Daily review of BTC interval 4H
Hello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As we can see, for a long time BTC has been moving within the channel marked with white lines, while locally we can mark the uptrend line.
You can also notice that we currently have a higher low than the previous one, but it will be important if we manage to draw a new higher peak, then we will receive a signal for further increases.
It is also worth mentioning that the last drop in the price stopped perfectly at 0.61 Fibretracement, which the price tested and changed its direction to an upward one.
Now let's move on to the support line for the near future and here we see the first support at $16404, if the support is broken then the next support is $16311, $16244 and $16173.
However, looking the other way, we can determine a strong resistance zone from $ 16,501 to $ 16,638, only going above this zone and breaking the resistance at the price of $ 16,814 will open the way for us to try to leave the current price channel.
Looking at the CHOP indicator, we see that in the 4-hour interval, the energy begins to gain more and more strength, the MACD indicator indicates a local uptrend, and the volume, although small, shows the predominance of buyer candles.
NZDUSD SHORT TRADETrade Order: Pending Order Sell Limit.
Entry: 0.5920
Stop-Loss: 0.5970
Target: Open
City union Bank at resistance It's near to strong resistance you can short from here
With stop loss of 200
Target 1 160 142
I am not sebi registered its only for educational purposes
MATICUSDTHello my dear friends
The price range of $0.9953 is very important for us.
In this range, important orders have been set, and to continue the downward trend, these orders must be consumed completely.
Currently, we have a positive RSI divergence in the four-hour chart, and the possibility of forming and completing a double bottom pattern at the end of the downward trend.
On the other hand, in the 30-minute time frame, we have the negative divergence of the RSI, according to which, the possibility of the price falling to the white range of $0.7858 is high.
Keep in mind that if the current trend is lower than the price range of 0.7532 rials, the above view will expire.
We would be happy to hear your comments
Wed 7th September 2022 EUR/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CAD Sell. I still have another partial Sell trade on. Enjoy the day all. Cheers. Jim
XAU/USD Rebounds Again!• On the H1 chart, you can see that XAU/USD found support just beneath the downside line of the channel. Only a false breakdown and an upside turn were registered. It tested the S1 (1,706) static resistance (support turned into resistance).
• It has formed a flag pattern in the near term, which is considered a bearish formation. Major uphill challenges are represented by 1,711 and the downtrend line.
• "Keep it Simple", Good Luck!
woousdtAfter breaking the daily base with an ERC candle
We can expect to climb to a higher base after pullback
Britanniabe carefull because stock is in sideways from many times in monthly timeframe.
wait for ressistance line break to show uptrend.
wiproMay be reversal from the next minor resistance line .
Wait for trend pattern break out for long term investment.
RaymondRsi and macd are also in reversal.
May be profit booking start so wait for reversal confirmation.
HulStock is near trend line support you can take one dip because it also formed M pattern and may show down trend. After reversal you can add more.
tata powerwait for ressistance breakout
already trend line break
do sip only for long term
reversal from major support which gives buy signal
irctcI think this is the right time to buy for long according to tripple confirmation.
volume brakout
macd buy signal
rsi going in buy signal
...........................................
double bottom
neck line breakout
next target on trend line ressistance 750
Tata motorsressistance break but without volume confimation. wait for more confirmation.
may be it fake brakeout. wait and watch.
wiprostock on no trading zone.
it may go more down from here, please wait and watch.
already on support, wait for break down.
Asian paintsvolume continuously increasing with fallind down in price trend.
wait for support. but i recommend you for trend line support.
