USDJPYUDSJPY to continue to fall to 107.800. Possibly touch my trend line, thereafter strong confirmation for a Bullish movement. Bullish movement may start from the near zone but very unlikely.
Key:
Black trend line: Monthly
Blue trend line: Weekly
Orange trend line: Daily
Comment bellow what you think! :)
Zones
Bitcoin resistance/support levels & buy/sell zonesWe seem to be in an accumulation phase on our way to 10k and still in an ascending triangle. I would say a breakout towards 10k+ or maybe be even right at the 10k is more likely than drop downwards. Next resistance after 10k is at 11k8. If we drop we might find support at 8k5 and 7k4. Watch for breakouts!
BTCUSD Transient Zone Method 15M 5/18The TZ method is fairly easy. There is several tradingview scripts for Transient Zones.
You can almost grasp it by looking at the rectangles on the chart that makes up the method. It's a support and resistance system with a time factor based on the chart geometry.
www.forexfactory.com
www.forexfactory.com
docplayer.net
These resources (not that of my own) go over the strategy in detail.
Here I've applied the strategy to bitcoin on the 15 min time frame... some boxes represent zones on larger time-frames.
I've used lines at large zones/upper TF zones instead of the exact method.
USD/CAD - Pair Analysis - 1HRUSD/CAD - Trying to apply some new techniques learned from the Trading Academy.
#TradingAcademy
#ApplyingthePrinciples
#PriceAction
#LongTerm
Question: What could price do at its current level.
Key Point: Look for an area of retracement
Trading Journal Entry #3
- Austin S.