The market is forming a bigger correction in 4hrs so on 15 min it just completed wave b. we expect the markert to continue lower for wave c which is over a 100 pips.
Solana has clearly created a head and shoulders pattern with no sign of reversal we also have a fresh demand zone at $70 which I think is the best place to target. Tell me your thoughts and share your analysis in the comment section.
Bitcoin has been in an abc correction which recently formed a head and shoulders pattern personally I think the only demand zone strong enough to reverse it is at the $30k level which also happens to be the C wave of the correction.
Anticipating the next bull run to surpass the all time highs! Entry: On lower timeframe, wait for the break of the descending trendline to break and get your entries in and stops below the low. Goodluck and Trade safe!
Hello Fellow traders I have come to present this nice setup in this currency pair. EURUSD was seen going down till it got to the over sold level of the RSI and retraced then came back and broke the support level in the daily chart, but in the RSI chart the first test was deeper than the second test that broke that first test that created the support. There...
After the recent structural shift in the crypto market, ADAUSD (Cardano) gave us an ascending correction which lead up to the 61.8 fibonacci level and is on it's way down. The main target is the -0.27 fibonacci where we'll complete the ABC correction. In the meantime, will be looking for any shorting opportunities via a bear flag or break and retest. Goodluck...
The turning point for BNBUSD was the ascending correction. Once we saw that pattern appear, it was all downhill from then. We saw multiple break and retests on the lower timeframe. Next support area is the double bottom region at $208 level. Will be watching for bear flags to take this down. Goodluck and trade safe!
The turning point for BNBUSD was the ascending correction. Once we saw that pattern appear, it was all downhill from then. We saw multiple break and retests on the lower timeframe. Next support area is the double bottom region at $208 level. Will be watching for bear flags to take this down. Goodluck and trade safe!
In the chart you can see 4 main levels where price has reacted and ranged between. We can use these levels as reasons for entry (via retests) and take profits. Watching to see if Doge breaks the descending correction and pushes pass the first level indicated sow e can get in with a buy. Goodluck and trade safe!
LItecoin had a brief period where it collapsed and consolidated. We are now at a double bottom area where we anticipate price will use the double bottom as a spring to create another bull run. Wait for buying pressure. Goodluck and trade safe!
LItecoin had a brief period where it collapsed and consolidated. We are now at a double bottom area where we anticipate price will use the double bottom as a spring to create another bull run. Wait for buying pressure. Goodluck and trade safe!
Anticipating the next bull run to surpass the all time highs! Entry: On lower timeframe, wait for the break of the descending trendline to break and get your entries in and stops below the low. Goodluck and Trade safe!
EURJPY has finally broken out of the ascending pattern and is making its way lower to the major trendline. Watch for bear flags on the 1H to take EURJPY down. See chart below for the higher timeframe. We are anticipating a break of the major trendline to take this even lower. Goodluck and trade safe!
After AUDJPY broke out of its bull run, it started to create a bigger correction on the daily timeframe. Price can be broken down into 2 phases; Impulse & Corrections. Looks like price could move up once more to fulfil the 5 wave reversal pattern before we move down. We are also short on EURAUD for the short term due to AUD strength so we can correlate that...
After AUDJPY broke out of its bull run, it started to create a bigger correction on the daily timeframe. Price can be broken down into 2 phases; Impulse & Corrections. Looks like price could move up once more to fulfil the 5 wave reversal pattern before we move down. We are also short on EURAUD for the short term due to AUD strength so we can correlate that...
USDJPY broke out of the bull run which started at the start of the year. Once it broke, it didn't just drop instantly. It created a complex correction which can be seen on the chart. Ideally we'd want USDJPY to push up once more to create a double top before dropping. Will be watching the pattern play out and see when the break occurs. Goodluck and trade safe!
In our previous analysis, we were looking at the double top region for a short and a break of the wedge. The wedge pattern changed a little but the bias remains the same. Price broke down and retested. Will be looking for a bear flag on the lower timeframe to gain another entry