RTM
multi-timeframe analysis for #usdcadhello guys!
this technical analyze is based on rtm methods and my observation,
after that price engulfed that kink we have been waiting for continuing downward movement until first green area that showed as "first target" but when we go to upper time frame like 1D or 1w we see that engulfed as a shadow not a closed candle so there is high possibility to form a higher high that happened and I showed as a "fake out' on chart!
last week price break down last support area or kink at flip but it was so week.
now we will be waiting for a strong confirmation to get a short position!
now let's look at daily chart and its analyze below:
in daily time frame we have a mid-term ascending parallel channel , as you can see price will be move until Channel border. so it confirmed targets on first chart
now let's look at weekly chart and its analyze below:
it is funny but in weekly chart we have a huge double bottom that showed in long term usdcad will be so bullish! wait for it:)
as you know first target for double bottom pattern is as wide as height of bottom!
now let's look at daily chart of wti ( usoil ) and its analyze below:
correlation between wti and cad is so high and in above chart we see that wti is on ascending parallel channel so cad stary strong so usd cad will be bearish in mid term
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great short position for btcusdthello guys
in left of chart we see a ascending channel that bounding of i break out but it was just a fake out! likewise this channel breakdown by a strong candle and confirmed change of trend.
in upper time frame btcusd had a powerful candle that this pair should engulfed that for continue bearish trend that happen today!
there are two entry zone that i recommend you split your size position to half and enter on this 2 entry level but you must put your stoploss on &22200.
i mention target price on chart
this chart will be update after few days
follow me i write for me your thought!
best luck
Apple stock analysishello guys
As can be seen in the picture, Apple stock has formed a double top pattern and should go down at least to the indicated range, i.e. a fibo level. Until the price reaches this range, only short position is offered. It is also possible for the price start upward movement from the first compression demand.
This analysis will be updated.
Good luck!
BNB USDT is accumulating for a correction (RTM)as you can see in the chart, price did touch the DP golden box and correcting his movement downward to a lower scale DP at bottom FL and heading toward to engulf RSFL in bottom to hit the target at the top at 332.40 Price to see lower target or accumulate at lower price to go for higher price.
as long as big RS box is not engulfed there is a lower time frame RSFL swap which will hold the price down.
this setup is a mix of QML, MPL Flag and price seeing its smart money target.
Attention: DYOR!
Entry: 332.40
Stop : 337.83
Target: 239.24
Mahindra & Mahindra Finance - ALT Shark with Wolfe Wave M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe. Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272.
Forecast of gartley if broken B
ETHUSD needs a breakout to start a bullish movementhello guys
as you can see there is a zone under the name of MPL that I label it on chart and this zone is a strong level to push price downward and it is very suitable for short position, although there is no bullish signal for crypto currency so myself get just short position but if ethusdt break out that level it upward to ftr, on the other hand, this breakout In line with the break of the bearish trendline. so its a great opportunity.
thank you for your attention.
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good luck
short-term correction and mid-term upward movement for usdjpyhello guys!
as you see on chart, this pairs move on ascending channel perfectly and last higher high touched midline of channel so #usdjpy will move towards the boundary of the channel and after that will move strongly to last orderblock.
thank you for your attention
best luck!
closed your btcusdt positionhello guys
btcusdt has sensitive situation now! that important zone will Specifies next movement of bitcoin! if bitcoin break down $21400 (I mean engulf) then scenario 1 will happen and drop at least $13200 (because of channel faking out and filling orders i will stick with this scenario, but if that important zone ($21400) does not break down (confirmed scenario 2) so btcusdt continue upward movement and will touch area that i show on chart!
for now i recommend you free risk your bitcoin positions or close it until one of scenarios confirm.
best luck!
please write for me your opinion!
Banknifty - Cypher PRZ at Wolfewave TargetBanknifty had wolfewave and near to its target , interesting thing is wolfewave target and cypher prz are at same level. Current supply is tested thrice (including current attempt to break) Looks like it will trap bulls by giving breakout ... Upside a significant supply with left shoulder is waiting to pull price down. Previous quasimodo failed to break low hence we can say strong low has formed. and also two flag limits below (one with FTR) shows strong demand and which is hard to break .
*Cypher might turn into shark so next potential reversal zone will be at 886
buy xauusd (gold) after retrace PLEASEhello guys
in my opinion after that engulfed that gold did make this pair bullish, but still there is the danger of being hunted is lurking:))
so i recommend to all of you to be wait until gold retrace to that important range that i showed as a green zone (1701-1672).
when price retrace to that area if you get a new bullish confirmation is better because of tight stoploss but with this condition that i mark on chart still get a great reward i suppose.
write for me your opinion
be patient!
good luck!
XLMUSDT Short-term upward movementHello guys
This currency has stop-hunt that level and confirmed a possibility of a short upward movement to the bearish trend line, but as you can see in the weekly timeframe image, it needs to downward to the price range of 5.7-8.5 cents, and that area has potential to start the growth of this currency.
In the future, this analysis will be updated.
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thanks for your attention!
could the price break the ascending channel this time?the price goes to the top of the ascending channel and could have a breakout from the 21500$ resistance as we predict.
and pullback to 22500 support if the price could hold 22500 and have breakout from ascending channel again we could set a nice long position.
but if it could not hold 22500 we will see 19500 and maybe lower again...
this is not a buy or sell offer and is only educational.
if you liked this idea or if you have your own opinion about it, write in the comments for us. we will be glad
hoping for more profit for you ...
Amarajabat - Wolfewave with BAMMAmarajabat has wolfewave and supply in FL. Also a BAMM ... Two possibilities of rejection either it will react from supply under FL (Low) or react react from FL (High) which is aligned with LS and BAT PRZ... Very good RR setup...
A pullback to 29000$ or just a fake breakout?!?the price goes to the top of the ascending channel and have a breakout from the 21500$ resistance and now pullback if the price could hold 21500 and have breakout from ascending channel we could set a nice long position.
but if it is fake breakout and the price could not hold 21500 we will see 19500 and maybe lower again...
this is not a buy or sell offer and is only educational.
if you liked this idea or if you have your own opinion about it, write in the comments for us. we will be glad
hoping for more profit for you ...