Ethereum form a Shoulder Head Shoulder inverse; bullish signalIn this H4 timeframe, in the past 16 hours, Ethereum form a Shoulder Head Shoulder inverted. I mentioned in my past analysis that Ethereum could to form a double bottom as possible predicion, but not gave us. So, I discard and cancelled my past analysis. But beore of the past analysis, I mentioned that Ethereum form a Shoulder Head Shoulder and also, my prediction was successful and so professional. Now, the only that we can to do it's to hope that Ethereum make a pull back approximately at $1,750 USD and then, use our price action strategy to valid that Ethereum going to up, for that, I use H1 or H2 timeframe to valid the price action in short term as I know that Ethereum it's right now in the up momentum toward the $2,016 USD approximately, that will be my target profit.
This it's the clearly suppport that I mark to analyze it.
And remember, in Daily timeframe we look that Ethereum it's extremely bullish and our next price prediction will be the $3,000 USD in medium term.
Shoulderheadshoulder
Ethereum formed a bearish shoulder head shoulder!!!In this update, we see a new chartist pattern, as Ethereum it´s right now a possible next support of $1,600 USD, this will be a short trade to short position in Ethereum who want to entry in short. At the moment, this it´s a nice entry to sell Ethereum just or limited time until $1,600 USD, that will be my target. Just, my possible short entry price will be the $1,730'$1,750 USD, that I will need to hope for confirmation to entry to sell.
We are into this ascendent triangle to know.
But if you´re looking out, we are so bullish in long term. That it´s a good signal that Ethereum it´s extremely bullish. For that, more later, I will going to share you my long plan, becuase my possible entry will be in the break out of this simetric triangle in formation.
Ethereum complete the formation Shoulder Head ShoulderEthereum it's up today!!! And I'm in profit at the moment in Ethereum, my next target it's the exactly $2,000 dollar.
As we entry around of $1,484 USD everyone, you can to protect your loss just reduce, for that, I'd move my SL at $1,424 USD of my price entry $1,484 USD. but we're in profit in Ethereum.
This it's the best chart, the price action it' s show in Ethereum that the trend it's extremely bullish for the next days.
So, we're prepare for it.
Good luck!!!
Bitcoin showing us a shoulder head shoulder; bearish sentimentBearish Pattern: Shoulder Head Shoulder
We hope this trade to short
Reccomendation: Closed up all long position and still awaiting for confirmations!!!
Our forecast it's approximately at $20,000 USD psycological level again.
We still await in Bitcoin to shorting!!!
Chainlink form a Shoulder Head Shoulder; bullish pattern!!!Today, in this technical analysis, Chainlink get us a good confirmation to put a buy order limit at $12.90 USD to entry to long position in this trade!!!
So, studying this confirmation, we see that Chainlink have a good potential to goes toward the $15.45 USD
So, my details it's here:
1. Position: Long
2. Entry price: $12.90 USD ( Order Limit)
3. Stop Loss: $12.20 USD
4. Target Profit: $15.45 USD
We see that the trend still bullish and Chainlink it's into this bullish channel
And also, I update this par and we formed a new bullish channel update completely!!!
XRP show another sell confirmation to find down sell!!!Hello guys, in this technical analysis, XRP still bearish scenario. so we are validate the Shoulder Head Shoulder as extra confirmation that this entry on yesterday was secured and we are find down right now.
But looking in this chart, we are into this ABC correction into this simetric triangle in formation to then, see a bullish movement.
So, it's easy!!!
Also, I add my recently Daily technical analysis that can to support you understanding in what market cycle are XRP!!!
And guys, I have over 200 view in this technical analsis, waoh, thank you to look it my technical analysis on XRP, and also, I see that I'm into the top trader in Chainlink, that it's another good news on how I work my technical analysis.
XRP show a shoulder head shoulder!!! Short Position!!!In this technical analysis, XRP show a bearish movement toward the $0.48 cents again. So, that it's so interesting to trade XRP.
Now, I believe that XRP it's forming a possible re-accumulation to then make a parabolic bullish!!! So, that it's so interesting to study XRP as one of my cryptocurrency into my radar to invest in 2021.
So guys, this is it. So, I put a sell order limit at $0.6130 cents with a SL at $0.6598 cents and my target will be $0.5050 cents.
Now in the next days, I will going to update this par in the next days to week to study the elliot wave analysis and add more data content!!!
Happy days!!!
Bitcon could to form a shoulder head shoulder!!!Bitcoin was consolidation from the past 4 days and we see in Daily that we continue with the expectative correction. In H4 we see a shoulder head shoulder and, but rememebr that bears are here to pump the price!!!
And remember, in Daily we see a weakness of the trend as Bitcoin make the correction
Also, Ethereum make their correctiom more early than Bitcoin. So, I will going to check in Ethereum, because in Daily we could see a correction approximately of 6% on Bitcoin.
Are you prepared for the correction_
Short Position: The perfect Shoulder Head Shoulder!!!U.S Dollar show weakness based in the fundamentals. But, right now in H4 timeframe we would need to hope a short entry with the expectative so bearish for the currency.
The expectative for the U.S. Dollar is so bearish and also, that could be so warned that the U.S. currency is goes to the weakness and we're in this re-distributtion triangle simetric.
Now, in H4 timeframe we could see a possible formation of Shoulder Head Shoulder to entry in short posiion. But, in any case if this analysis is invalided, we would need to check in H1 timerame and to make any updates if the price began to decline the highest zone to then, entry in favours in the bear market!!!
Fundamental Keys:
1. Dollar ticks up on stalled stimulus talk.
2. The dollar inched up in early Monday trade as riskier currencies slipped after negotiation on a U.S. stimulus package ran into resistance.
3. President Trump on Friday offered a $1.8 trillion coronavirus relief package in talks with house speaker Nancy Pelosi, moving closer to $2.2 trillion proposal.
So, guys, in summary, we could see bad news for the U.S. Dollar and the most relevant is that Trump on Friday offerre a $1.8 trillion for coronavirus aid package when the proposal for Nancy Pelosi was bad and the U.S. congress is fighting about it, So, in general the aid financial is in hand on the cU.S. congress and doesn't to send the aid for the rest of american citizens. That cause a bad news for the U.S. congress and president trump.
Euro/ Canadian Dollar is turn in bear singal!!!In H4 timeframe, we see a lot chartist in formation, but the most chartist in the bearish rising wedge. Also, we have formed a bullish channel or simetric triangle too both, Now, in Daily is the key:
3 days ago, EUR/CAD show a bearish, and yesterday the green candlestick grew by 50% of the big red candlestick, and then, we could see another short opportunity to find down 247 pips. Because we see a Shoulder Head Shoulder bearish pattern and we could see for the eyes this opportunity to take in notice it.
Now, in H4 timeframe we see a nice shoulde head shoulder. Also as theory, let's me explain these 6 blue arrow. These blue arrow are forming a strog resistance and we could see in H4 timeframe a drop!!!
So, I'm still alert on this par because for the next week, we see a possible nice opportunity in Forex!!!
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Not put any short or long position in this par until this par leave in this strong resistance at $1.5656 CAD, it's my psycological point to take my decision, my own decision is short becuase we see a strong resistance, I reccomend for you to put an alart approximately at $1.5638 CAD, and then, when the price leave at this price, I am still pending of possible short position at $1.5656, this is an alert to know it!!!.
USD/CAD show a sign of price rejections of demand!!!In H4 timeframe we see that USD/CAD is so bearish in the expectative, for now, we found out that USD want to up at least 100 pips or pull back later that in Daily we broke down the Shoulder Head Shoulder. That expectative could reach the price in the 0.382% of Fibonacci using the Daily timeframe, that mean a movement of 100 pips to pick up our earnings. And then, in the 1.3470 approximately we could to put in short position with always the confirmation of price action, it's important to entry in the best zone to buy or sell.
We could see in mid-term the bearish trend following the EMAS that I use to apply in this technical analysis and I believe that the price want' to go up into the EMA 30 in Daily, that is a possibility to earn.
And also, as reference we see a bullish rising wedge!!!
Long Position in USD/CAD: Shoulder Head Shoulder InvertedHello guys, in this technical analysis. There are a shoulder head shoulder inverted in H1 timeframe with possibility to pick up 100 pips in this par justing investing 0.01 lots. But rememebr that as we are into this bearish channel, the trend is continue so bearish. This is a good opportunity. Also in H1 timeframe there are a bullish rising wedge. So, I put a buy order limit at $1.3380 CAD with a SL at $1.3339 CAD, and then, I show my 2 targets profits to reach it in the note to see it.
Today at sleeping, I needed to closed my short position because the price is give us a bullish signal to put in long position. well guys, this is all my technical analysis for you. So, I wait that this par is activate my buy order limit at $1.3380 CAD. Also, as reference if you follow me my update strategy, so I see that RSI in H1 timeframe show a possible bul signal.
Canada Dollar is strenghten agains the US Dollar: FundamentalsIn this technical analysis, US Dollar agains the Cadandian Dollar!!!
Remember tha expectative for US Dollar is bullish, but we are to find down the Elliot Wave # E, I believe that this par is one of the best technical anlysis to make money in the next week invest a considerale lots to earn money!!!! But, It's so beautiful to see how US it's been one of the country more with Covid-19 cases, That spend time a drop off of more of 4% in US Dollar.
In Daily, rememebr we follow this squenze, because we are to find down the Elliot Wave # 5 in Daily timeframe. Also, if you noticed it, we are in the shoulder head shoulder with a possible drop of the price. So, I prepared to invest in this par for the next week to earn money. As we follow the elliot wave squenze, we are in the good zone to put in short position
Now, in H4 timeframe ther are an interesting entry in short, remember that the key is in H4 and Daily timeframe, are the most effective entry in short. Also, in H4 I identify a formation of Bullish Gartley, for not of all, because the trend is beairhs and we hope a confirmation of the price, this i analysis is so interesting to put in short, so so interesiting that you not imagine.
Well, this is the fundamentals what I found out today:
1. USD/CAD falls to one-week low as Bank of Canada says economy amoided worst case scenarios.
2. Bank of Canada kept it's fench-mark interest rates at the effective lower bound of 0.25% and now to keep rates unchanged until at least 2023.
3. Bank of Canada say a recent data had suggested the economy had bottomed in April, in a boost to hopes of a robust recovery
4. A comment of the Bank of Canda said this morning;
"We now estimate that the economy contracted by afort 15% in hte fist half of the year, but as deep as this it, it sugggest the economy has
avoided the most scenarios .
5. Bank of Canada did an indication that permanent scaning from the covid-19 pandemic will reduce the economy's long-term productive in 2022
6. Following the Canda's trend, the bank also pledged to continue to purchase government's bonds to keep rates low across the yield curve and support lending activity, and the back will continue its large-scale asset purchase program at a pace of at laast $5 billion of Canadian Dollar per week of governments to purhcase Canada govern'ment's bonds.
So, this is so bullish for CAD and bearish for USD, that is simple!!!
Updates: We continue in buyIn this quickly and little updates, we see that Bitcoin in the morning is up the price, also, was facinating.
Remember that in Daily we are here, but we need to resolve all doubts, because we have in the ascenden triangle and that mean that Bitcoin could to break up the price, and if this occur, so Bitcoin is so bullish as in the past!!! This graphics is important.
In Daily timeframe we see a Bitcoin into this ascendent triangle and into this descendent channel, but, there are a highly possiblity to Bitcoin is into this ascendent triangle that objective of that type of chartist pattern is continue the trend, in that case is bullish in Daily, but the prece is consolidated into this pattern. But more important is in case that is an distribution, we need to have in mind to sell off, htat is an another possibility to entry in short, but possible.
And finally to conclude, in H1 timeframe we have an another entry in the 0.382% of Fibonacci, that is an entry in long
Well guys, the only I hope in H4 timeframe is to form this chartist pattern a Shoulder Head Shoulder inverted until the $9,288 USD, that is my target profit in the green zone to ejecuted my earns to pick up. Also, if yuo see the MACD in H1 and H4 timeframe, we see that show us a signal of buy, most specially in H4 timeframe.
Alos, if Ether it's done, Ether is the same conduct as Bitcoin do. Remember that!!!
Updates: Bitcoin has trying of rejection of 4 trying!!! Beware!!Hello guys, in this quickly technical analysis of Bitcoin, beware of what you see, this is a fake siganl to put in short in that moment for now. So, reccomend that change your chip, that is a bull signal, reccomend for now to discart my previously technical analysis, the signal to put in sell order limit is fake, let's me say you why Bitocin is prepared to go up.
In Daily timeframe we have a Bitcoin in this updates descedent channel, and that mean a Bitcoin so bearish in the midterm, also I put this purple circle to know the exacto point if you want to mark this bearish channel.
Now, in the H4 timeframe we see a formation so clearly of Shoulder Head Shoulder inverted, and that mean a bull signal into this bearish channel. Also, there are a possibility that Bitcoin reach at the $9,400 USD in the uppper zone of this trend line that have a set of bearish channel.
Now, in the H4 timeframe, we have this situation, while that we have the shoulder head shoulder inverted, we have a possible double top, and that mean that bull are strong, and we have this strong support in H4 timeframe, but if you see that below, we have 4 rejection of the price when between yesterday and today the price is trying to broke down the suppport 4 trying to break down, but the price is rejection and I mark this 4 rejection purple bubble that the price make.
That my frined, is all my technical analysis, now today I found out that Bitcoin is into this bearish channel, specially in H1 timeframe that expectative is so, but so strong and bullish.
I hope this technical analysis is support you!!!
ETH is prepare to going in short as Bitcoin make itWell, in this technical analysis, I want to give you a signal that Ethereum is in formation of shoulder head shoulder, that chartist pattern is so bearish!!!, so we proyect a crop until the $216 USD. Well, I going to invest 0.75 ETH, that is a good for me and well RSI is show us a movement bearish of the price, that is an extra indicatro to following
Updates for EUR/USD: This is so bullish scenario
In this technical analysis, today I identify a EUR/USD in the simetric triangle and previously was a bearish channel, now the bearish channel are convert in the simetric triangle. Also, let's me say you that I found out a elliot wave correction ABCDE, that this mean the complete of this correction of the into the elliot wave # 4.
Now, there are a possible jump of the price so bullish in this bull run that starting soon, that is a good signal for the EUR.
Basicalley, there are fundamental of the EUR/USD it's can to up, while the fundamental of USD in my previously analysis that we have a bad news for USD, and this is mean a strong buy in EUR/USD as indicator using the fundamentals.
Fundamentals of Eurozone:
1. Europe pushes to avoid economic calavity by extending crisis aid
2. European governments are fast learning that they'll have to live with aid programs to save the jobs and business longer than thought to keep the economy from falling off a cliff
So, guys, basically this are a good news for this par, of EUR, so, my decision is to hope in Monday how the markets
Now, in this screenshoot there are a possible formation of shoulder head shoulder in H1 timeframe, that mean that EUR is so respald with good news than USD correlationed that has bad news for the economy. This technical analysis I make in following on Monday in the morning to hope a possible buy at the lower part of the next formation of shoulder.
Bitcoin in Shoulder Head Shoulder in H4 timeframeIn this updated and litle technical analysis. I want to show you that Bitcoin is so prepared to going to $9,700 USD as maximum target profit. Also, let's me say you that Bitcoin is into the bullish rising wedge, that pattern for law is continue of trend, in that case is bullish continue.
If you zoom out, you can see for far out the graphics most better in H4 timeframe, because not just this bullish rising wedge it's going in formation, but, there are a possibility that Bitcoin form a bearish channel and that expectative is so bearish if Bitcoin goes to form a bearish channel. Because these are another point to take in noticed. Now, as we see a shoulder head shoulder inverted, this is a bullish pattern, and I reccomend to grant your take profit until the $9,700 USD, this is a nice earn of Bitcoin price, just if you want,.
Updates of Bitcoin/U.S. DollarGOOD Morning guys, today in this technical analyusis I want to make an updates of what comming on in the Bitcoin price!!!
Fistrly, in the Daily timeframe we see that Bitcoin is so bearish for longer, remeber that in the past we analyse using the elliot wave analysis and so, we are now that Bitcoin has a possibility to up until the $9,350 USD, that is my maximum to pick up my targets profits of Bitcoin.
But also, in the H4 timeframe we are in formation one of my favorite pattern of Shoulder Head Shoulder inverted that approximately it's going to leave us the target until the $9,700 USD in the higher zone of the trend line that form the simetric triangle.
And also, let's me see one thing. If Bitcoin doesn't get us a bearish trend that soon, so, the possibility is that Bitcoin is continue up as the contrary hand and if I see a Bitcoin above of $9,700 USD and confirm as pull back that zone and Bitcoin is into the ascendent triangle that we can see so better in Daily there are a highly possibiliy to put in long until the $10,500 USD. That is the contrary hand if Bitcoin goes to up.
But for now, my target is into the $9,350 USD to pick up 10% of my earns. Because I invest in the zone of $9,108 USD put in long position investing 0.04 lots in BTC.
Below of there, you can to see better what I mean for you!!! And a good counsel is to keep prepared if Bitcoin goes to up and invalid my bear sentiment taht we hope in Daily or Weekly that it's see a bearish candlestick pattern.
Updates for EUR/GBPAt the moment, we see a possible formation of shoulder head shoulder to entry in the sell, so don't closed your position pendent of sell order limit, still active until they active when the market leave at your zone of active into the market. So, I concluded that we are in this formation and we could to see a bearish movement soon!!!
So, this is how in H4 we see a bearish divergence. Now, in the H1 timeframe, if you see the bearish divergence too in this timeframe, it's perfect to operate and put a sell order limit at $0.9064.