BITCOIN - The First Clean Resistance Area, The New HH!?The consistency, the consistency, the consistency - I have mentioned it multiple times and again it is the major indication in the crypto world.
As you see those last candles getting bigger and bigger after every candle, that is exactly what I mean by that but let's take a look about the current situation.
First clean resistance areas:
Here, around $8,000, we have the first major clean resistance area. Remember the Fibonacci party in 2018, when every high was almost exactly that Fibonacci golden ratio 62%. Currently, the first blue area just above the current price is one of the tops from the Fibo party!
This level should put the price under the bigger pressure after the rally from 4k. Yes, the pressure was also around the $6k but this level got cracked pretty quickly - like a warm knife through the butter. Luckily/unfortunately this is not just a clean resistance, here we can find more interesting parts.
The curve trendline:
Touching points are marked as the green boxes and the fourth touch matching exactly with the strong resistance area around $8,000. This is not just a random curve trendline, to confirm that I made copy/paste and it matching exactly with the lower points on the graph. It makes an interesting curve channel where the price has drifted more than a year now.
Fibonacci retracement 38% & 62%:
38% is pulled from the 2018 high point to the 2018 low point.
62% is pulled from the point where the curve trendline starts and drawn to the 2018 low point.
Those together may give a slight impact, individually they should not work at the moment because of the price pump. One Fibo level can't stop this train but there is resistance, curve trendlines and now two Fibo levels which may(!!) give a possible rejection, if not, then we have also another scenario, scenario which needs a confirmation close.
Soon we can find out, do this level works or not, at least it should be a pretty hard test for the price. Whenever the throwback starts, it should be smoother than the upwards movement.
The scenario which needs a confirmation:
IF the price can reach above the mentioned strong resistance area (blue area) and if it gets a close above of it - at least Daily candle close is needed - then we have a pretty nice breakout upwards, long-term higher high (HH) is confirmed and the next major target is another strong and clean resistance area which is also the psychological level $10000. Can't promise higher levels than that but if the consistency continues then there is also one of the key resistance just above the $12,000. Actually, it is unbelievable that I have to type in five digits numbers after I say BTC price, it happened pretty fast :)
"Most people know that the outcome of a coin toss is random. If you believe the outcome is
random, then you naturally expect a random outcome. Randomness implies at least some
degree of uncertainty. When we accept in advance of an event that we don’t know how it
will turn out, that acceptance has the effect of keeping our expectations neutral and
open-minded. If you really believed in a random distribution between wins and losses, could
you ever feel betrayed by the market?!"
– Mark Douglas
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Vaidoveek
GOLD (XAU/USD) - Buy After The Retest!Break above the trendline with a very powerful candle!
Wait for a trendline and strong area retest, there is also Fibonacci 38% which is a great retracement ratio considering that momentum!
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AUDCAD - Multi Timeframe AnalysisWeekly:
On the Weekly chart, we have a bearish candlestick pattern called Evening Star. It got a rejection from very important levels as a trendline since 2018 March, yearly highs and lows, round number and 50EMA.
Daily:
On the Daily chart, we can see that the major counter trendline has broken. The bigger trend is downwards and this counter trendline was a short-term uptrend which got cracked. We have also Death Cross between 50 and 100 EMA, plus currently, they both should work as resistance levels. There is also the round number 0.95000 which should work as a resistance and the counter trendline itself.
4H (major image above):
All the EMA's (50, 100, 200) acts as resistance levels. We have a break below the counter trendline and there are Death Crosses to support that move, Deat Crosses between 50&100 and 50&200. Plus, during the night, we got a rejection from the Fibonacci 38% retracement level (which is great because the rejection from 38% shows momentums on the market) and from the round number. This rejection ended up with Bearish Engulfing candlestick pattern, NOT a perfect one but still pretty good statement from bears.
1H:
The price has broken below the major counter trendline and it has made a break below the minor counter trendline. There is also some EMA levels to secure higher resistances.
SUMMARY: Looks like the fundamentals are on our side and there are pretty nice bearish signs from highest timeframe to the lowest. To get better entry, wait for a small pullback!
"The hard, cold reality of trading is that every trade has an uncertain outcome."
– Mark Douglas
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AUDCAD - A Quick BUY Opportunity!- Round number
- 2014 yearly low
- Fibonacci Extension
- ABC equal waves C point
- RSI Divergence on 4H
- Previously worked support levels
- The trendline since Oct. 2018.
The touch has to be pretty quick because of the trendline. The ideal area is slightly below the trendline and if the price stays there for a while then this could be a bad sign because then we have a trendline breakthrough which will be an indication that the mid-term uptrend is over.
Remember, the price can't stay below the trendline too long but we have to let it fall lower than this because the ideal entry point is around the round number 0.94000!
"Your primary goal has to be to learn how to think like a consistently successful trader.
Remember, the best traders think in a number of unique ways. They have acquired a mental
structure that allows them to trade without fear and, at the same time, keeps them from
becoming reckless and committing fear-based errors."
– Mark Douglas
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EURCHF - Buy After The ConfirmationEURCHF is almost ready to make a 4H candle close above the counter trendline, which is also the mentioned breakout confirmation. If the candle close is too high then wait for a trendline retest!
The trade is active ONLY after the 4H candle close above the counter trendline!!
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EURNZD - A Possible Reversal AreaBlue box reversal criteria:
- Previous resistance becomes support
- Fibonacci retracement 38%
- 4H EMA 200
- Daily EMA 100
- Historic trendline (sadly not so significant)
- Round number 1.67000
EURNZD is on a short-term uptrend but fundamentally a bit mixed signs. Also, the drop from the top has been too sharp, better would be a bit smoother downwards movements but let's see, it is still the area which is worth to mention and as usual, to get more secure entries - wait for bullish candlestick formation on the marked area!
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CADCHF - A Possible BUY Area!Here we need to wait for a rejection from the marked box.
The box consists of several price action criteria which indicate that we could see a short-term bounce/reversal.
Trendlines, round number, ..., 1H possible double bottom formation on the trendline and etc.
As said, wait for rejection on the 1H timeframe.
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BITCOIN - Finally, The Trenline(s)!!Again, I'm here to give you a little overview of the current market situation.
The market is very weird, BTC flying, altcoins are on the downswing (today they have started to make first steps to higher prices), the BTC price has cracked strong resistances after another, etc.
Just to bring technically good levels, I'm here to make a little technical analysis.
The resistance area which was around the $6,000 was on my watchlist for a while but it got weaker every time after someone made an idea post to the TradingView: "Watch this level!", "Look at $6k!!" If everybody can see those levels then market makers can use it easily . So, that's why I have been a bit cautious and haven't call any significant selling areas after the breakout from $5,500, but let's jump quickly to the current action, things can quickly change.
Fiannly there is an area where is one of my favorite price action criteria, an important trendline.
The black trendline which has three clean touches from last year (orange boxes). It has worked nicely as a support level and probably it plays also a significant role in the current resistance area. The significant part is the strong candle breakthrough in 2018 November. This strong candle shows that this level, this trendline is really strong because there was needed a hell of a power to push the price downwards. Now, it becomes a resistance and the price is really on the edge to make a correction so, it could be a nice area where it can start it. It should be a classical retest situation which took more than half a year!
Parallel channel projection, drawn from the bodies to remove market noise!
The major trendline is the bottom, copy/paste to the higher green point and we get a crossing are just above the current price with the black trendline, around $6,500.
Between light blue lines - Monthly Highs/Lows
There are 4 Monthly highs/lows. Not so significant but it matching exactly with our trendlines crossing area and still, it shows that the area is capable to print new lows and highs, which is a great confirmation!
The round number $6,500
It played a significant role in the second half of 2018. Price drifted between 6k and 6.5k, so, an area which should be on the chart to make a crossing area a bit stronger!
There are more some sloppy criteria but not so significant to mark those, only remarkable criterion is the Daily RSI Divergence , which is still on the chart!
Summary: The most important criteria are the trendline, which has a really powerful candle breakthrough (break below of it) and now it should work as resistance especially after that awesome price pump, and the parallel channel crossing area. There are other criteria to make that area a bit stronger but please, be patient. As I said before, the price has cracked resistance after another and easily it can be the next one. To be more secure about the resistance, you should wait for bearish price action around the marked area, around the crossing area. Bearish price action = bearish candlestick patterns on the higher(!!) timeframes 4H or Daily, bearish chart pattern breakouts on the 1H or 4H.
"If someone or something is against you and causes you pain, how are you likely to respond?
You’ll feel compelled to fight, but what exactly are you fighting? The market is certainly not
fighting you. Yes, the market wants your money, but it also provides you with the
opportunity to take as much as you can."
– Mark Douglas
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BITCOIN - Is It Possible To Catch SpaceX?Now, more than four days, the Bitcoin price has danced around the first strong price level between the mentioned super-strong resistance at $5,777-$6,106. Those orange lines mark three Monthly lows from 2018: June, February and August.
Yesterday the price reached almost to the $6,000 but it didn't get a close above the August low at $5,900 . Five(!) rejections from the mentioned resistance and the day got an end below the all of those marked Monthly lows plus below the Fibonacci 62% retracement level:
As you see on the Daily timeframe yesterday's candle close gave us a bearish candlestick pattern called "Shooting Stars" . It got a rejection from the all three Monthly lows which now has become resistances and rejection from the Fibo level which is pulled from the 2018 September high (~$7,400) to the 2018 low (~$3,125) point.
This Fibo level and those resistances have worked four times on the Daily chart - four attempts to go higher has failed, let's see what we gonna get from today's price action but looks like bulls are still trying to push the price up. Yesterday's bearish candlestick pattern was a slight indication that bears are starting to come in but slowly, slowly.
Let's count a bit more subjective price action criteria than those Monthly resistances and Fibo level which should make the area around $5,900 even stronger than it looks like.
Let's start from the ABC Equal waves.
A little bit complicated but try to stay with me - after the rally at the beginning of the April, the BTC price made a slight throwback and the ABC waves count would start from there, from 4. April low. Slowly climbing to point A on 23. April high, another throwback and there is point B. Now, equal waves are pretty nice price action criteria which will end some movements and corrections. Currently, the waves from point 0 to A and from point B to C are equal, both lengths are $877, and the C point is exactly on the well-known resistance area around the $5,900. So, another criterion which will be an indication that the area is strong and the correction may start soon.
The well-known ascending channel.
Channel upper trendline has worked several times as resistance and so as now. This trendline runs through the $5,900. Yesterday, the price made a slight breakout from it but the Daily candle still got a close inside of it. So, another criterion which makes this area stronger.
All criteria together:
1. Three last years Monthly lows have worked nicely as resistance levels
2. Multiple times worked ascending channel upper trendline runs through the $5,900 which should work as a resistance.
3. ABC Equal waves counting ends around the $5,900
4. Fibonacci retracement level 62% have worked nicely as resistance, especially on the Daily timeframe.
5. A bit sloppy Fibonacci extension 161% is around the $5,900.
6. And yesterday, the Bitcoin price touched those all criteria, got a rejection and this rejection and the day ends with a bearish candlestick pattern called "Shooting Star"
Yes, pretty decent price action criteria but as they say, it is hard to catch a falling knife and currently, it is hard to catch a SpaceX . Actually, to me, there are no other options because of the strong resistance, it is just SO close to the current price. Obviously, the market is on the heavy bullish mode but the resistance, just above us, is also heavy as hell. So, actually, again, it looks like a pretty decent sell setup considering that area and considering that Daily bearish candle ( To make a bit more confirmed sell then there is a red line. After the red line break the sell is triggered and probably a bit more secure! ) but still, it is a little bit hesitating because of the current consistency. Consistency has a magic power on the crypto world and this magic power could easily drive the price above those orange lines, above the heavy resistance which should end above the $6,106!
Oh, almost forgot, there is a gray area and there is a slightly darker gray area. The darker area is a stronger area than the others around that because of the multiple rejections to either direction and because of the strong candles breakthroughs. So, currently, we have 30 min to go to another 4H candle close, if it gets a close above the darker area, then this could be a sign that bulls just do not give up but if it falls lower than the darker area then it should be more bearish, just a slight and tiny indications to add into your analysis.
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EURGBP - Strong Area - SELLWait for a bearish price action from the current blue box (bearish candlestick pattern, etc.)
- 2018 Low
- 2019 January low
- Daily EMA 50
- 4H EMA 200
- Fibonacci retracement 62%
- Previously worked support level becomes resistance
- Round number 0.86000
- The trendline
"The market generates behavior patterns and the patterns repeat themselves, but not every
time."
– Mark Douglas
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BITCOIN - About The Strong Resistance, Long-Term Perspective!Things have a little bit calmed down after that pump to the major mid-term target area ~$5,800, and now there is a correct time to look at the charts.
I mentioned this mid-term key area almost after the pump from the $4,000 to the $5,000 and now, after multiple attempts, the "clean" area is filled, the price has reached into the previous support levels which now became resistances. This area was a major support level on the last year, multiple rejections around the $6,000 levels. Let's dig a little bit deeper into this level, the gray area.
The Gray Area at $5,777 - $6,106
The gray area consists of multiple strong levels. There are two major price levels and if we count also that mentioned round number $6,000 then we get three.
The area which is between the orange lines: $5,777-$5,900
This area is working currently as a resistance and as a first bigger obstacle to make another move upwards. In this area we have three Monthly lows from the past year (2018):
- June low $5,777
- February low $5,873
- August low $5,900
There are also two major Fibonacci retracement levels:
- 38% retracement level: pulled from the 2018 May high to the 2018 low point.
- 62% golden ratio: pulled from the 2018 September high to the 2018 low point.
So, the first obstacle is already really strong but that's not all!
The round number , just after that orange area, $6,000
Historically, it has played a very significant role in price action. Multiple times from the last year it was on our watch list as a major support level and now, it becomes also into our watch list but as the role reversal works, it becomes on our watchlist as a resistance. So, the second important criteria in this gray area but that's not all either!
The area which is between blue lines: $6,033 - $6,106
Between those numbers, we have another three set of Monthly lows which now should act as resistance levels:
- July low $6,075
- September low $6,106
- October low $6,033
As you see, the gray area consists of 6 Monthly Lows from the last year, 2018. 6 times it has worked as a major monthly support level and if we add here also this significant round number, plus some perfect Fibonacci retracement levels then this area is a game changer.
A break above the gray area will be a really positive sign for a long-term view. Yes, the $6,500 is also a strong area, but after the breakout above the $6,106 should trigger some powerful bullish price action. There starts to come into the watchlist previous long-term lower highs which now may become cracked with new higher highs and etc. but do not rush too much ahead because currently, the area worked first time as a resistance, remember, it was the support multiple-multiple times. We have also a pretty strong RSI Divergence on the Daily chart, and this divergence is on the super-strong area and to me, looks like the correction may start soon!
Here comes the conclusion ; great, the price reached finally into the area which should play a significant role in the long-term perspective. As said, it is great but to make any mid-term BUY trades, here just under the super-strong resistance, would be a huge mistake.
Now you know, that the upwards obstacle is really strong and meanwhile the price almost needs a slight correction downwards to prepare for it to make another push through the gray area. If the correction starts then obviously, I will give to you technically good areas where you can enter into the market and I can give some mid-term or short-term strong bounce areas but considering the long-term perspective, the gray area ($5,777 - $6,106) is the key!!
"The consistency you seek is in your mind, not in the markets."
– Mark Douglas
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USDCHF - Possible Breakout Trade Opportunities!1. Wait for a breakout from the triangle, the breakout will be confirmed with 1H or even better 4H candle close above the triangle upper trendline
2. Wait for a break above the counter trendline(s), the breakout will be confirmed with 1H or even better 4H candle close above the counter trendline(s)
The target area is really powerful so, take your profits there IF the price reaches into the area ;)
"Trading is not about being right or wrong. It’s a probability game."
– Mark Douglas
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CARDANO (ADA/USD) Has Made a Breakout!Cardano has made a breakout from the bullish chart pattern called Falling Wedge.
Market have shown some consistency and some altcoins have made breakouts from the bullish chart patterns, so as ADA.
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BITCOIN - The Trendline & The Market Are Tired!?After that last week dump from the $5,500 to $5,000, the BTC price has moved completely sideways. Just a few ups and downs but in general in a very tiny range. Luckily, this sideways movement has occurred in an important area and we can make some conclusions about it.
Why this is an important area? Because of the trendline!
The trendline has worked as a strong support line and the rejections from it have been with pretty high volume inside the candles, but not right now. Right now the Bitcoin price is really on the edge because the sideways movement has been exactly on the trendline. Usually, when there is a sloppy and a bit sideways movement on the strong area then it lowers price reversal trade success rate - at the moment, it lowers the chances that the price may take a direction to the higher prices.
Currently, the BTC price has been in this area more than three days and every hour more will be a sign that the price can make a downwards breakthrough from the trendline. If the breakthrough below the trendline has occurred then be ready for a bigger correction and the first target would be around $4,500-$4,600, several price action indications are pointed exactly into this area (Fibo extensions, Equale waves from the top, different chart pattern targets, etc.).
If the trendlines get cracked then we can not forget the major support around this area, I have mentioned this on my previous updates. I have marked this as a red dotted line and this is the round number $5,000. If this collapse, then we will see a short-term collapse also on the market. Remember, firstly, the trendline (which is actually a major counter trendline on the current levels and the trades which has occurred after the counter trendline breaks have been usually very good) and secondly, the round number $5,000. The ideal scenario would be - they both get cracked with a same 4H candle and 4H candle has to close below the $5,000 which confirms a movement downwards!!
The second important area on the chart:
My followers already know this level and this level is located slightly below the round number $5,500 - marked as a blue box! If the price is reached into this price level, every time the volume has shown an incredible increase (Strong price level), and now there is also a Fibo golden ratio 62% from the last wave which also should act as a strong resistance.
We have multiple signs that the market is getting tired. We have short-term lower lows, the important trendline does not work as it should be, soon we will see an EMA death cross between 50 and 200 on the 4H chart, we have some fundamental crap around the crypto (last week panic), etc. We might see a tiny bounce upwards to the mentioned area, dead cat bounce, a last short squeeze or whatever you wanna call it but in general, this area should work as a strong resistance which stays into the blue box. This area/box is a pretty wide, so, that's why wait for a bearish candlestick formation in this box to get an extra confirmation. As it was before the drop from $5,500 to $5,000, before that I mentioned bearish Engulfing and look what happened next. So, if I see it, I will make an update, yes, firstly the price has to reach into this area ;) Probably, the drop from there could be a bit smoother then the first target would be $5,000!
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BTC - Possible "Short" Opportunity!I found an area which is technically pretty strong, there could be a possible BTC short opportunity!
It is not so easy to find those because of the sideways movement between $5,000-$5,500 but I have something For You!
The area ($5,335 - $5,400) consists of:
1. The Fibonacci Golde ratio of 62%
2. Strong Bitcoin price area, just below the $5,400, it should work as a resistance.
3. The short-term counter trendline should act also as a resistance. Individually it isn't so significant but if this matching exactly with the mentioned area around the $5,400 then it will be one of the criteria.
4. EMA Death Cross on the 1H
5. Market structure new lower lows and possibly new lower high
6*. IF this is possible then wait for a bearish candlestick formation on the 4H timeframe. 4H timeframe candlestick patterns are the most reliable!
So, there are technical indicators that this level may work as a strong Bitcoin price level for short term price reversal, and there are a little bit hidden indications that this level may hold!
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BITCOIN - Keep an Eye on These Levels!Firstly, the bearish Engulfing close below the $5.500 on the 4H timeframe and secondly the Inside Bar candle range on the Daily was the major key points which guided the price back to the trendline which was the major target on my last post (the previous idea is below of this post).
Currently, as I said, the price stopped around the upwards channel bottom trendline, which has worked as a support level. Now, it has held the price fourth time but as you know, everything is not long lasting.
I marked strong areas which have played a significant role in the current area, between $5k and $5,5k, let's start from the highest:
1. $5,336-$5,380 - the fatter blue area has shown itself as a pretty strong resistance and it has worked even as a support level (yesterday). Several rejections and only strong candles have managed to crack this level. So, if the price starts to approach it then it should start to play as a strong resistance (again) and this is the major obstacle to go upwards. A break above of it will guide the price into the higher levels, back above the $5,500
2. $5,178 - currently, the price fights with this level and it has also multiple-multiple rejections to either direction, plus this level matching almost exactly with EMA100 which should start to act as a resistance. So, very hard to push the price upwards from it, especially after that "huge" drop (considering the candles between 5-5,5k, it is a huge drop).
3. $5,110 - I marked this as a red line because a 4H candle close below of it will confirm two bearish "break-below":
- Break below the recently worked trendline (ascending channel bottom trendline)
- Break below the red line which has worked nicely as a strong level
The close below of those will guide the price to the next and to the last strong area around those levels...
4. ~$4,950 - it has been the strongest support level around this area. The most powerful rejection has came exactly from it. Watch this level very closely! Currently, there is also 200EMA which makes this area even stronger and if we get a 4H candle close below of it then the break below this level should be also a pretty strong bearish confirmation.
The last idea post where I mentioned that finally, we can make some technical analysis and we can spot some price reversal, I expected that the price may come down. It came down, to the major target (just a little bit too early from my marked spot) and now we have to watch again those breakout opportunities, that's why I have marked two directional arrows.
SUMMARY: The price is between the major EMA's (100 and 200). On the 1H timeframe, we have EMA 50 and 100 death cross and soon-soon same at 50 and 200 (bearish sign). Break below the red line (strong price level) will be a confirmation that the price starting to approach the major support level which stays slightly below the round number $5,000, a close below of it will be a strong bearish confirmation to the $4,500-$4,600!
Bullish scenario is a little bit riskier because the downwards candle was pretty ugly and there could be a tiny panic. If bulls can push the price back above the fatter blue area then it will be on the more secure side and possibly the maximum target would be the prementioned $5,777-$5,900.
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Previous analysis:
USOIL - Finally, Really Strong Reversal Signs!!Last week, we got a really strong rejection from the higher levels which ended up with a bearish candlestick pattern!
The rejection came (trade criteria):
1. From the Fibonacci golden ratio of 62%
2. From the previously worked resistance level (blue line)
3. From the previously worked support levels which now becomes resistance (orange lines)
4. From the ABC Equal waves, drawn from the bottom
5. From the trendline which is pulled from 2016 low, second touch 2017 low, it made a breakthrough at 2018 and now, this is a classical retest situation. The 2018 breakthrough has occurred with a strong and powerful candle so this could be a sign that this trendline works as a strong resistance!
6. From the Monthly EMA100 & soon also 200 EMA
7. Rejection area consists of 6 monthly high or low levels!
8. Possibly, we have a first stronger lower low during on the rally from the bottom:
9(!!). AND this rejection ended up with Shooting Star (sloppy bearish Engulfing, so, 2in1 ;P) candlestick pattern on the Weekly timeframe.
Setup is like a textbook example, let's see, what the market want's to offer us!
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GOLD (XAU/USD) - Sell Opportunity!Blue box selling criteria:
- The short-term uptrend has changed into the short-term downtrend
- Nice and clean lower highs and lower lows
- Multiple Fibonacci levels, pulled from the bottom to the different tops: 38%, 50% and 62% in one small area
- Historically worked strong area (orange line around $1,294)
- Downwards channel upper trendline
- EMA200
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*This information is not a recommendation to buy or sell, it is used for educational purposes only!
CADCHF - Strong Resistance!Today is a high impact news event on CAD - Bank of Canada ( BoC ) Interest Rate Decision, so, let's prepare for it.
If we get pump upwards then there is a pretty strong resistance area which consists of multiple criteria:
1. Previously worked Super Resistances:
- The blue line matching exactly with Weekly EMA200 which should act as a resistance
- The orange line matching exactly with Monthly EMA 50 which should act as a resistance
2. Fibonacci golden ratio - 62%
3. Historically worked round number - 0.77000
4. The trendlines
...and the market structure also supporting that possible reversal inside the blue box because we have made some LH's and LL's.
Currently, the price is pretty far from it but the BoC decisions can drive it easily into this area. Those interest decisions are with high volatility!
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*This information is not a recommendation to buy or sell, it is used for educational purposes only!
EURCHF - Trendline Since 2007Criteria:
- Trendline
- Fibonacci golden ratio
- Previously worked strong resistance area
- Round number 1.5000
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Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
USDCAD Potential drop. High Probability Trade...ANALYSIS:
Here's an opportunity to Short USDCAD. After the continues uptrend of USDCAD in a Channel.RSI has also Divergence. It has high potential to drop.take entry After the Breakout from channel starts.So don't miss it.
INDICATORS:
1. RSI
2. MACD
3. Moving average 20, 50,100
GOOD LUCK
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NZDCAD Bullish Cypher. Long Setup..ANALYSIS:
Here's an opportunity to Long NZDCAD . A Bullish Cypher is completed in NZDCAD. It has Two Targets which are marked on the chart.So don't miss it.
INDICATORS:
1. RSI
2. MACD
3. Moving average 20, 50,100
GOOD LUCK
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USDJPY Bearish Cypher. Short Setup....ANALYSIS:
Here's an opportunity to Short USDJPY . A Bearish Cypher is completed in USDJPY . it has Two Targets which are marked on the chart.So don't miss it.
INDICATORS:
1. RSI
2. MACD
3. Moving average 20, 50,100
GOOD LUCK
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Leave a Like,Comment if you Agree...