#btc.d #weekly#BTC.D testing strong resistance on weekly timeframe also forming bearish divergence on 1W
Keep an eye on it:eyes: as incase of breakout alts will suffer more
Weeklymarketsanalysis
Look this chart!!! Ethereum goes to the $1,400 USD soonIn this analysis, we see in weekly chart that Ethereum it's so prepared to run and goes to the 4 digits to reach up the mark of $1,000 dollars soon.
But I have my proyection toward the $1,400 USD.
It's nice!!!
GBPAUD- Weekly AnalysisLast week GA was bullish, and i'm thinking the trend will continue this week following the new Brexit deal. Before the end of last week price created a new high, and it looks like price could just be retracing before another push to the upside. We're definitely prepared for whatever happens, but for now we will follow the trend and see what confluences price gives us before the start of London session. Right now on the 15 minute time-frame price is just consolidating so i'm going to wait for a break of structure and execute. Stay tuned for updates on my GA setup
CHFJPY Weekly AnalysisCJ appears to have created a bearish 3 drive strike pattern, as of now I believe price will reach the -27% (116.346) on the fib, and keep falling to the -68% (115.959). The market may gap up as soon as it opens and move up more to create a much more clear 3 drive strike pattern on the 4hr before falling but ultimately I think price is headed towards the bears because price reached the highest it has been this year and immediately turned around. What do you guys think?
LONG NFLX Any small pull back in NFLX till 520 will be good entry point to Long for upcoming year. WIll be opening a position depending on Monday Market.!!
Lets make it simple. Rupture of a down trend line since 2008. It seems that EUR/USD have a great potencial to help us profit. A strong resistence ahead. But if we break it, we have a double bottom just above. We can go directly of test the resistence first. If we go back that down trend line, forget and wait another plan. Hope this helps you in anyway.
I am not a financial adviser. Make your own investiments studying hard. Good lucky!!!
GBPJPY possible nice swing opportunity (sell)Hi traders, i think that we can expect nice drop on gbpjp, which can be nice opportunity for longterm trade.. I think that price can drop realy nicely soon from weekly 0.786
Bearish Scenario: Ethereum show weakness!!! divergence downIn the medium term, we noticed that Ethereum doesn't have force to continue up above to $600 USD. So guys, you will need to still alert of any bearish scenario, because I can to see two support: $490 USD and $440 USD.
Now, vey important it's to have this plan in case that Ethereum show more bearish signal in Daily or H8 or H4 timeframe. My reccomendation if you want to get benefit of this short position don't trade H1, trade H4 chart or above.
Also, noticed that in 3 Daily chart in the RSI I mark the red horizontal line that mean sell signal and also, we can to see a sell signal in Ethereum that we would need to know this secret information to accumulate more Ethereum!!!
Ethereum it's one of my cryptocurrency favortie!!!
And then, in weekly timeframe, we see more bearish scenario that Fibonacci mark a possible correction toward the 0.382% and 0.618% of Fibonacci. and also we see a bearish divergence in the RSI too!!!
What do you think about this analysis? Can this analysis support you and have any plan for bear scenario?
GJ Retracement To Market Close *Intra Week Analysis*Good Evening!
Im thankful & blessed to be able to trade another week. Let's make it exciting!
GJ began the week around price point 138.93, which is 140+ Pips away from market close.
Talk about a huge gap. In my opinion gaps are always easier to catch when it's drastic like that.
Mainly because price mostly retraces to wherever it gapped from.
Price is currently testing a 4HR region, a close below would be 1 awesome confirmation. As soon as markets opened GJ was testing a 50 Moving Average to the upside but it failed to break it. As of right now, GJ has just tested another moving average to the downside. It also has been pushed off of it. I predict a plummet back into 137.50, only if it closes below the current box region its in.
Leave a like if you agree with my Analysis
Leave a comment if you're trading GBPJPY this week
Stay Safe!
-Mr.Pipzz
AUDNZD - This week Watchlist Overall view is Bullish on a long term Basis.
Weekly is bullish and so is 4H, But Daily preventing us to take a buy yet.
Weekly closing the last candle with a bullish engulfing confirming the sign of buyers entering.
Daily structure is yet against our weekly bias since we are at LH but daily haven't build of any bearish signs for now which is good for our Bullish bias.
4H is all we are watching for now, keeping an eye for Possible form of HL at the zone drawn in picture then getting Lower Time Frame (LTF) confirmation to enter.
Follow us for more ideas and setups on Forex and Crypto Market.
EURCHF Weekly/ Daily analysis 🦐EURCHF after the break of the major descending channel on the weekly chart is now moving inside an ascending channel.
The price attempt to break a few times the monthly resistance structure at 1.08300 without success.
On the daily chart after the last attempt to break above the structure the market got pushed back at the 0.618 fib retracement.
IF the price will break above the 0.382 Fibonacci level we can look for a once long order for a new test of the structure and the upper trendline.
IF the price instead will break below the 0.618 we will look for a short position according to Pkancton's strategy.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together.
CHFJPY Weekly AnalysisCHFJPY is about to gear up to test the high of the year 117.800+. Price is testing a VERY key area for this pair, which it hasn't been in or around since August. This week i'm expecting the bulls to continue until price reaches at least 117.915-118.000. Price previously topped out at 117.883 which then after price tumbled down to 113.274. Price has now engulfed the last high that happened back in October which is circled, and looks like it has picked up strong bullish momentum. Lets see what unfolds, goodluck to you all!
BTC Weekly Chart Analysis2017 Jul and 2017 Sep Trend line is legit.
Most likely, BTC will try to touch and test the upper trend line.
If BTC touch the upper trend line, it will likely come down to the bottom trend line.
However, If BTC break the upper trend line, it could be going to the moon or use the upper line as
a support and slowly go up.
I don't think it's going to touch the upper trend line in this week.
It might take a long time to go up to the trend line or come down to retest bottom trend line.
Thank you.
Triangle Breakout This WeekUJ seems to be slowing down in momentum when looking from the higher timeframes. I wanna say we are going to remain bearish overall, but I want to see how this is gonna play out. As you can see from the trendlines, this could be just a giant flag for the bull. So let's find out what happens this week:
BULL TPS:
• 107.260
• 107.528
• 108.072
BEAR TPS:
• 106.808
• 106.437
• 105.844
Will Previous Market Structure on Weekly Be Respected?On the 4 hour, it looks like a baby head, neck, and shoulders is forming to signal the bull. The right shoulder is missing. BUT, it's the weekly charts that got my full attention. It shows price is bearish, but a bit jagged.
We're sitting on top of where a previous market structure took place. If we break the range at 1.50748, we're gonna be in for a nice nosedive. This is my favorite pair. I can't wait to see what it does.
BULL TPS:
• 1.52947
• 1.53709
• 1.54582
BEAR TPS:
• 1.51824
• 1.50998
• 1.49809
• 1.49015
Possible Pullback Before ContinuationGold hasn't been this high since the last recession. Had to put in new levels to pace the move. New zones will be created as the market continually moves up.
I don't think it's gonna stop any time soon with the economy devastated by the Coronavirus. This is ongoing. So this is may give god the opportunity to keep rising over time.
The most I'm looking for is a pullback before continuing up. I marked up targets for the short if it comes into play longer than expected. Here ya go:
BULL TPS:
• 1754.14
• 1769.64
• 1795.30
BEAR TPS:
• 1733.84
• 1725.92
• 1701.70
• 1686.70
Can We Stay Bearish?What I'm looking for this week is to see if the bearish momentum will continue longer or will we begin an uptick for a little while. The overall move is bearish, but I'm looking for that to change if it can come back to 1.22093, or make it to the monthly zone around 1.18937.
Otherwise, go bears!
BULL TPS:
• 1.21933
• 1.22889
• 1.24148
BEAR TPS:
• 1.20485
• 1.20022
• 1.19224
• 1.16804 (this is a stretch TP pass the monthly)
Could Daily Engulfing Candle Signal Where Breakout Heading?So we respected a bearish harmonic on the daily. But this multi-day consolidation is preparing for a big move.
But I'm curious will the move be strong enough to break the monthly zone of 136.218 and make a bigger push down if this is going to be a major short?
Otherwise, I do see a bearish engulfing as the last candle sitting on this daily zone. So it may be signaling the bull will begin this week. We'll see.
BULL TPS:
• 138.252
• 139.019
• 140.638
BEAR TPS:
• 137.239
• 136.390
• Only id the monthly zone is broken…135.464
• 134.650
