Hi everyone and Happy new years 2023 From Thailand. Wishing you happy and wealthy. Okay let talk about BTC, we surely BTC are in downtrend and now are sideway in downtrend after that no one know it will go to lower low or make reversal pattern but we can do trading by use Stochastic you see in Charts Stochastic quite affect in sideway, my advise is when...
In the chart above I have provided a simple analysis on SPY that takes into consideration channel confirmation estimated by using an average deviation in the two hour timeframe. 1. As you can see previous pennant support has been broken to the down side. 2. Forcing price action to fall down too 375 where price action has seen a STRONG DEMAND before in...
EURUSD is going nowhere in the coming week, which means it's great for some sideway trading strategies, like harmonic patterns. I'm waiting for candlestick pattern confirmation at 1.0320, a 3-bar reversal should suffice.
Dear Traders, Gold has given us a mixed signal. The 4H trendline is broken and the bullish impulse move was strong. In the first scenario of retest, it may give a nice opportunity for buying continuation to 1665 level which either push price lower to 1645 levels forming consolidation, or will break and go up to 1682 area of previous year demand zone. I will...
GBPUSD today had no clear direction without violating the most recent ascending trendline of 4H formation. However, it has not broken up the descending one. I see a triangle formation. Between the weekly supply and demand zones. The price can go eitherways. My view about possible break and retests. Important note: the gap has not been covered yet. Big amount...
Nifty opened slightly gap down. Recovered right from the opening Closed near day's High. Considering the opening, follow-up moves, and closing, the price did well today, suggesting it might open flat or gap up tomorrow. Volatility is still on the cards Today's Close: 17311 ( closed at RZ) Immediate resistance at 17310 -17400. Immediate Support at 17240- 17180...
It seems that bitcoin has been down for a while since all of the news around cryptocurrency. My question is, if the market goes lower, will the man behind the New Market reveal himself, or would he continue to be a mystery? Either way, keeping your discipline and leaving or building your positions is best. Remember to put your STOP LOSS on.
Hello everyone. GBPAUD has formed a sideway structure on the daily chart. So, simply put, I'd like to adopt buy-low-sell-high strategy. It works until it doesn't. Just be careful of the position size. What do you think? Give me a like if you're with me.
can take 1 to 1 or hold for 1 to 3 or 1 to 4 dont be greedy no more than .15 lot size unless account is big enough news will hit so becareful can make or break the trade
in Sideways if price reach Previous Tenkensen High or Low and Tenkensen it self Didnt reach there you can buy or sell to previous High or Low!!! in Other Word if Price touch previous high and tenkensen not You can sell until price hit last low and contrary if price reach the last low and tenkensen not you can buy until last high in market Enjoy it 100%
Those who are in the Gold trade like I do will see that the market retest the previous resistance. What is important for us is to observe a break and close above $1869.66 on the daily chart and today the market once again comes close to this level. At night(depends on where you are), there is a US NFP happening at 8.30pm(GMT+8) which could affect our trade. Place...
Stalemate, on the chart. Two 20 pip moves came after the open, but both in opposite directions. Looks like a boring day ahead. I'm going to sleep.
This is very interesting sight.. see those broken structures.. which are supply zone. In order for Dax to stay in bullish it has to break the resistance zone from that bearish trend line.. once it breaks then we will see a beautiful bullish breakout going sideways. If it doesn’t break then the bearish reversal might or not happen.. because of heating going on...
This is my view of Btc over the next quarter. I believe if this move is to become true, it drain many alts of their value as the market will choose stable coins Bitcoin, and just plain cold hard cash as the places to hold the most value. There really isn't any new money coming in probably until taxes are paid out for the most part. Trade well and BTFD.
AUDUSD Sideways / Ranging will be clearly visible on the M30 timeframe, Starting from March 31, You can enter the demand area (when this idea was created) or enter supply with a CONFIRMATION note, Don't try to enter without confirmation, because maybe the price will trying to penetrate Supply / Demand, the direction of price movement will remain the same, namely...
KSM is trading sideways between $145 and $115 just below key resistance $150. Due to Russia – Ukraine war entire market is in defense. To continue its uptrend KSM needs to flip $150 resistance. Every move above $150 is bullish and every move below $100 is bearish. As long as, KSM is ranging in this area it is not recommended to open neither short or long...
Today, we are going to look at the hourly time frame which is showing a sideways price action between the former high @ 45'<37 and the bottom of the hourly clouds support zone, currently @ 43'900. RSi above 50, @ 54.58. LAGGING LINE is looking tired, also moving in a sideways mode. Currently below the Tenkan-Sen (44'765) and still slightly above both...
We have seen Wyckoff Accumulation, and Distribution method used multiple times by Institutional investors/Whales last year. Looks like the same strategy is getting used this time too. 44k-46k is acting as resistance and 33k-35k as support. Again this is purely theoretical based on historical data. If the same accumulation method occurs, this is what BTC will look...