Today's focus: BTCUSD Pattern – failed high? Support – 63,140 Resistance – 68,290 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the BTCUSD daily. After yesterday's fightback rally, we have run over a few ideas around BTCUSD. Will we see the current selloff continue despite a firm move from buyers yesterday? Will we see buyers...
NZDCAD is trading in descending channel and printing consistent LLs LHs. Currently the price is trading at important resistance zone. As the red candles at resistance zone indicating the sell pressure. If the sell momentum continues the red next target could be 0.8000 region. What you guys think of this idea?
Is XAGUSD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 24 followed by 23. What you guys think of it ?
USOIL is trading in descending channel and currently the price is at resistance level of the channel. As red candles from resistance level showing good sell momentum , it seems like bears will take control and send the price to even lower side.
Potential trade setup on the 1-hour timeframe for GU. Price action is creating a nice "expanding bearish triangle" pattern which could make another retest towards the price level (1.24000) before continuing in the sellers direction. Going back to April 10th, you will notice the support that was created multiple times before price created indecision candles closing...
Dollar moving steadily lower. It makes sense for it to go to the nearest liquidity pool on the daily timeframe which is the low I have marked. We don't want a candle to close above the 50% of the marked orderblock.
Following up on my idea yesterday Look at that~! Set up was BEAUTIFUL yesterday with shorts and bears over extended. And where do they find liquidity after the highs are broken? Nowhere but above 4011.
We are are pushing up into new yearly highs. Price has nibbled through a few times from what it looks like from the three push pattern. It was good for a 150 pip drop. Sellers who took their profits are good. What about the sellers who anticipated a further drop and held on? They are in serious heat right now and trailing/break even stops have been hit. Now we...
I see a lot of accumulated volume underneath large timeframe breakout levels.There are weekly breakouts,monthly,and the year being pushed down. Sellers are chasing it down and it has already broken past my first 2 levels. In the coming days or weeks, I'm looking for price to hit the rest of my levels before reversing to hit the chasers and breakouts. FX:AUDUSD
This is a similar setup to GBP/USD. I wouldn't expect a deep dig underneath the buyzone.Maybe accumulation and a stops hit below it before reversing. When I'm calling tops and bottoms, that don't mean that price will trend up or down for eternity from there. These are setups I'm confident with to add size into or have a wider stop. I don't know what the market...
If Bitcoin closes the daily candle at the price of 22400, we can see the rise of this currency to the next ceiling of $25000. If he fails to break this ceiling, we will see Bitcoin suffer
The stock continues its bearish rally with formation of another possible higher low. Sellers are advised to go short.
Hi guys. I saw a Descendig Triangle and i think the power of BULLS decreasing. so price forms LH (Lower Highs) and supports 4 times from 18200. but the buyers cant keep going up. i think with this Political and Economic situations the sellers win finally. the first target after breaking 18200 support is 17700. after that we will see what happen... PLZ share me...
Dollar should go lower based of what we see it this chart. Liquidity was taken higher and enough stop losses were triggered apparenty so dollar can go lower. Expecting lower liquidity to be taken now and price to go to the bullseye I have marked. Let's Go!
GBPUSD will be sell from the zone 1.13800 - 1.14000. On the timeframe of M15 we have order block. And also solid liquidity breakout
The Aave price analysis shows a bearish trend today The resistance for AAVE/USD is present at $73.01 Support for AAVE/USD is found at $71.33 The Aave price analysis is directing that the cryptocurrency has undergone loss once again during the last 24 hours. That is because the bears are once again powering through after a small bullish interruption. The bears have...
On February 17, the bears succeeded in breaking below the $41,800 support as BTC price attempts a rebound. The breakdown signals the resumption of a downtrend. In retrospect, the largest cryptocurrency has been range-bound between $41,800 and $45,000 price levels. The bulls made several attempts but failed to break the $45,000 overhead resistance. Sellers have...
audjpy weekly levels and anylisis, shift between buyers and sellers