GBPUSD - SHORT! 4h currently sitting in high demand area. uptrend daily trendline has broken, looking for that retest to happen on the support area of the trendline and wait for a confirmation signal to sell!
my targets have been placed!
Trendbroken
BITCOIN, BEFORE THE BIG ONEDoes anyone else see this playing out? This would signal a retracement down to around 52-49k, before heading up to form a higher high.
Then we head up to 91k, before a quick retracement and up to 125k, before the next big correction.
Trend has broken on this current impulse, and we're not seeing it close over 61,970.
My friend's 4 year old said this chart is going to the moon. So that's pretty bullish sign.
NIO could break the downtrend line upwards NIO has been in a decreasing trend since the beginning of the year, which has been confirmed with a couple of bounces. Nevertheless, chances are that the price of these shares break this trend line and starts increasing, having as a first objective attaining $49-50 per share.
The MACD indicator is right now pointing upwards, which means that the two lines that provide its signals could cross in the following trading sessions, providing a more clear buying signal to the market. Therefore, we will be waiting for a breakout signal.
On the other hand, whether the downtrend continues, a triangle figure could end up being created.
Bitcoin trend brokenThe trend is broken, as a last chance you see the price approached the line again to go above, but no chance, and it is falling off the line again.
TROY/BTC - Simple & easy trade for you guys :)- Troy is a great protocol that has a wide use case not only for the poping DeFi;
- Down-trend is broken;
- Big spike in volume.
Simple & easy trade set up - stop-loss just below the trend line :)
Trade safe!
"Observe patterns, develop a process, hold on to your decisions".
EURUSD to test major demand level 1.112Market structure was broken yesterday on the daily time frame. It is clear on the 4 hour time frame to see a double top formation at the 1.127 level. We saw the pair plummet down to the 1.122 which is a well respected support and resistance zone. A clear break straight through this level and retest has now occurred. Take profit set at the 1.112 level which is a major demand zone respected on the daily.
$USDCAD // Broken Trend Retest & Optimal Trade Entry.easy to spot the broken market structure, stop is safe back inside the formation and entry is optimal with the .705 fib lining up perfectly with the liquidity zone.
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NZDJPY Ready to move up.Folks wait for a flag then buy.It may shoot without one but you should always wait for a flag.GL
EUR AUD on the rise i think. WEEKLY FRAMEWell, strong up trend has been continuing for some time met with some overbuying resulting some downtrend lately. This weeks inverted hammer candle shows a bullish reversal along with the 1.480 level of resistance shows bullish jumps with past price analysis shown with the green rectangle. Price has touched the 20 EMA (red) line and is just below the 50 EMA too (blue)
