It is a counter-trend trade and you have to be extremely cautious! The rejection came from: 1. Multiple Fibo Extension levels 2. Parallel channel bottom trendline has acted as a support level 3. Previous 2019 low (orange line) 4. The rejection formed a bullish candlestick pattern called Hammer. As said, it is a counter-trend trade, it is riskier and the...
I make a little overview of which areas are on my watchlist - where are the key levels, why they are key levels and etc. After yesterday's scalp post I started to make another analysis, sadly I didn't post it but there was the key area $13,500, at least I told it to my friends :) I said that if it goes above of it then I DON'T KNOW where it may go! From where it...
Bitcoin Cash came down pretty sharply and this formation on the top is an Evening Star formation. It will be an indication that we will see lower prices. Currently, it is in the support area which can produce some bounces but in general, it would be a bit risky because of the current market situation. At the moment, a high probability bounce area stays around...
Bearish price action from the top can offer a possible short-term scalp opportunity: - 4H Shooting Star (bearish candlestick pattern). The candle was green, definitely, it would have much stronger if the candle has been red. Currently, bulls still dominated the last 4H hour but the Shooting Star has given a sign that sellers have started to come into the market. -...
Weekly - Bearish Engulfing Daily - The trend is downwards 4H - Healthy correction on the ascending channel. 4H - Bearish candlestick pattern "Railway Tracks" on the strong resistance area Wait for a 4H candle close below 71! Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my idea post by hitting...
Some bearish patterns around 2010 high at $1430, will be an indication that we may have a short-term scalp opportunity! "The market generates behavior patterns and the patterns repeat themselves, but not every time." – Mark Douglas Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my idea post by...
The Ripple price has made a breakout and it got confirmed after a Daily candle close inside the green area: 1. Break above the light blue trendline since April 2018 2. Break above the triangle - which is also a short-term counter trendline. 3. Break above the previously worked resistance level - orange price zone. 4. Plus, we have a Golden Cross between 100 & 200...
Hi all, If in my idea posts have been some areas, where we need a candlestick pattern confirmation to act before we can go into the high probability trade then right now there could be an immediate trade opportunity if the price reaches into the certain price levels! To be said, here, under my account ideas, you can find short-term trading ideas. I don't post...
Do your own research and if this matching with mine then you are ready to go! Sorry for the mess and sorry for the short description, a quick post! ;) Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You! Best regards, Vaido
Oil tanker explosions, Iran admitted shooting down a US drone, crude inventories decrease - those are probably the major reasons why USOIL has made a pretty solid climb upwards. It has climbed into a pretty interesting area where we can make a short-term SELL: 1. Previously worked support levels has become resistance. 2. Fibonacci Extensions 3. Fibonacci...
Hi, Hopefully, it starts to become a habit but again, followers (already a huge number) and other TradingView users, it still looks and it still feels amazing to be TOP 1 analyst and TOP 1 post author on TradingView, thank You and You and You. I have been quite quiet because the Bitcoin price has stopped between the $9,000-$9,300. Yesterday, it made breakout...
Ripple has a pretty clean and simple confirmation area for further growth, it stays between $0.465 - $0,481 and the upwards move gets confirmed after a Daily candle close inside the green area, a Daily candle close is needed! After the needed confirmation: -- Then we have a breakout above the historical trendline (light blue). The trendline is pulled from...
Keep an eye on this level: 1. Fibonacci Golden ratio 62% from smaller tip 2. Fibonacci retracement level 38% from the recent highs. 3. The trendline 4. The equal waves endpoint 5. Most powerful round number 1.00000 6. Previously worked support level becomes resistance 7. Different timeframe EMA's Really nice setup BUT definitely wait for a bearish candlestick...
Yesterday, Super Mario (Mario Draghi) made Euro weaker and a lot of EURxxx pairs dropped. EURNZD, Daily chart, candlestick pattern Evening Star (the most powerful candlestick pattern): If we look at those two last, green and red candles, then there is even 2in1. Evening Star and those two last ones form a bearish Engulfing. Yesterday's candle close completed...
Hi, First of all, followers and other TradingView users, I'd like to thank you for the support, it looks and it feels awesome to be TOP 1 analyst (author) and TOP 1 post owner on TradingView, so, thank you very much for that! Now, let's take a look at the current Bitcoin chart. After my call to buy BTC at $7930, the price has broken above my prementioned...
I have started to observe that marked blue box, inside of it I start to search confirmations. First of all, the blue box consists of: 1. Fibonacci Golden ratio 62% 2. Parallel channel projection 3. Equal waves 4. Fibonacci Extensions 127% & 161% 5. Round number 1.73000 6.* 2013 and 2016 yearly highs The confirmation (bearish candlestick pattern) has to come from...
Short-term trade! Wait for a breakout from the bullish chart pattern called Falling Wedge. At least 1H candle has to close above the upper trendline. The bounce came from pretty nice crossing area: - Fibonacci golden ratio - Old support level (red line) - Trendline (blue) - Pattern bottom trendline The trade should be triggered after the breakout, at least 1H...
Wait for a confirmation from 1H or 4H or even Daily. And the confirmation is a bearish candlestick pattern: Bearish Engulfing, Evening Star, Shooting Star, Bearish Railway Tracks, Spinning Top Some criteria matching each other in one area: - Trendline - Fibonacci levels - Previously worked resistance level - Different timeframe EMA's -* The gap: 80-90% of the...