This is a time to be very careful, already having a ready strategy on the possible scenarios that will arise. The price has been gravitating around the previous ath for days, this could mean that the test of the highs could last a while, if we then look at the macd, a slowdown is evident which could indicate an ongoing short-term correction. So far it is going...
Correction in progress, macd reporting a new cycle but we knew this well. Now the thing to do is to wait and understand how long this correction will last, because there are still many buyers. The indicator here is drawing a high and agrees with the price, a signal that the bullish trend is very strong, this is in addition to the other bullish signals we have on...
With the explosion of the rise that broke the old highs relating to the intermediate period, the price proves to have reliable bullish strength. The Macd highlights that with this crossing, between the signal line and its moving average above the zero line, the short-term correction could be over, therefore a resumption of the upward path again in the intermediate...
hello guys its gonna to be a fast trade so if you be online it would be a good situation for you
I would wait for the set up. The retest may have already happened. So we need to be disciplined. Joining x
The pair currently is sitting on a 2 to 5 months old support level and its certainly ready to sky rocket . SL is where it is cause you don't really want to be in the trade if it goes under 1.20035-120020. As always wait for confirmation and go long!
Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏. Analysis of #BTCUSD Prices were not able to close above weekly trend line resistance and we could see further weakness from here to 8000 and maybe 7000 later, will be monitoring the price action for a chance to sell Thanks for taking the...
position 8480 for long in 2h target is 8580 position short target 8310 4h and 8480 2h
This chart uses Heikin Ashi Candlesticks with CM TrendBars (21D), EMAs (9,15,21,55), RSI (13D, 80/20 ranges) and a MACD indicator. The Heikin Ashi candlesticks are a different type of candlestick pattern, meaning ‘average bar’ in Japanese, which reduce underlying noise and produce a smoother looking candlestick pattern. The ‘smoother’ candlestick patterns is...
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