According with my main Indea of the big ABCDE into the Cycle's Wave 4 I think that we stay into the relative (B) of wich the green inner ABC may be a potential path. Also looking at the potential Bat Pattern that is forming. I will look at the marked levels for a reversal up to 1880 - 1910 area.
EURGBP Daily chart looks set for downside. on the 1h chart h&s neckline has been broken, traders could look for good day trade setups or swing setups on the pair atm
Looks like AUDUSD will be making the same week consolidation move until we get a clear breakout of four level structure
Gold should drop down but it still has more room for the upside before it will do that. What do you think?
Option 1 Market continues to go up until the Resistance on 1.255 then comes back down. Option 2 Market makes a retracement until the market "Possible Buy Point" where we can see a possible support of a resistance broken.
Waiting on mith on its strong trend line ✅
Usually I post ltf (lower time frame) technical analysis, however one of my followers has requested a long term bitcoin chart so I've decided to create visuals on the monthly chart. 4 candles represents one quarter annually (which is macro - htf) and shows the most data in one candle) The monthly candle is down $10,000 since it's latest ATH (top) at...
Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! Lets keep it simple. When taking a look at LTC / USDT on the 4hr TF, we can see it trading in a massive flag. It currently opened and is trading below the 9 day EMA which is a sign for weakness. I can...
Have you been shorting this bull market wondering why you're not winning? I've been getting direct messages asking me when is it a good time to short or why when there is a reversal candle there is no follow through to the downside. Zooming out to the 2 day chart I think you can see why. We are in a massive uptrend channel since early last year right after the...
This should help you guys put price action into perspective. Flipping the charts (inversed) helps you see things from the other side of things and if you're wrong you'll see it quickly. Price action: we broke down from the uptrend on January 21st, and retest the broken trend line today (January 22nd), which we rejected from and confirmed a short term bearish...
Time frame confluence, all time frames are indicating an uptrend, currently waiting for price action. - Waiting for price to break the pink zone, and trend line for a sell. - OR waiting for price action to keep proceeding to the upside. - Price might be exhausted, from going to the upside but as well as heading down. - Price is in a range-type market. -...
Here is a buy and sell setup. Sell off of the counter trend line of the uptrend to the expected curved double bottom for a buy.
As predicted in my last few technical analysis post, the breakdown is about the happen most likely within hours. This will be my last post until the $32,999 target is met at a bare minimum. Plan your trade and trade your plan.
Please like/comment for sharing this TA with the community as it helps new traders looking for guidance to see my different posts 👍 It appears we have a rising wedge which looks to be playing out nicely. Summary on rising wedge: 1: Broke down from an uptrend on January 16th, which after started the rising wedge formation (which is usually in most cases a break...
I've been watching this sideways price action for 72 hours straight and waited for a clear read. We have a very very clear rising wedge after breaking down from the bullish uptrend on January 16th. Will post attachments to this TA over the next 24-48 hours with updates. Plan your trade and trade your plan.
I've waited the entire day for this moment (rejection from the 100 day moving average after breaking the ltf uptrend trend line) Wouldn't be surprised to start the week off (monday) with some red candles especially considering alt season is likely here. Factors: 1: BTC dominance has been decreasing (signs of alt season / btc ranging over next few weeks) 2: We...