DIGITALASSETSINC

DIGITALASSETSINC

Technical Analysis: Trend Analysis: On the 4-hour chart, USD/CAD has been in a moderate uptrend over the past few weeks, with higher highs and higher lows. This indicates a bullish bias. Key Support and Resistance Levels: Support: The pair has found support around the 1.36050 level multiple times, indicating a strong level to watch. Resistance: The 1.37400...

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A retest of the most recent higher low to indicate a confirmation of the change in trend.

DIGITALASSETSINC

1. Identify the Current Trend: Begin by assessing the current trend of the USDCAD pair. Is it in an uptrend or a downtrend? Trends can be identified by drawing trend lines or using technical indicators as observed our current trend is shifting to the bearish setups 2. Spot the Change of Character: To anticipate a potential change in character, you should look for...

DIGITALASSETSINC

Wait for break of structure, then confirmation of the most discounted price and then fo shorts

DIGITALASSETSINC

spike from this structural level to clearly indicate the possibility grab of these liquidities. this high volume closing a clear support zone , then the next candle seems to have close above the structure . signifies the presence of grabs .

DIGITALASSETSINC

first of we should appreciate the fact that we are at the top of the rend line , which is our daily trendline . in this case that is our dynamic resistance zone , that has been at a pike for the longest time. we see the price fall back to structurer with intensity , breaking through the previous support zone that now is turned into several tests as a resistance...

DIGITALASSETSINC

what's observable here is that this area is quite sensitive of the structure available in this zone. we have 2 structures of which both could be easily manipulated. in seeking the mounts of liquidity of these areas . i,e for the great push (bull run), which is still the bias of the market . but the market makers still need a huge liquidity for this. QN is, What...

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From this position right here. we find that the price action is much trying to retest the previous lower highs , then later attempt to reach the lower lows .But in this case we do understand that the retail sellers have great interest on the move therefor setting a great deal of stop losses and buy orders up the previous resistance zone. so if I were to think...

DIGITALASSETSINC

On the 4 HRS structure we can clearly see the ascending channel that generally indicates the market it at a bullish trend. at the current bearish push. Its visible that it has passed through a previous support level. Creating small wicks. our interest to short the market will play along when we see the price move back to these areas , where previous stop losses...

DIGITALASSETSINC

from the previous price action we notice the price action was forming clear higher highs and higher lows , a clear structure , in being that till the break of the previous structure , the direction bias doesn't change , but clearly on breaking through the previous lower high, the 4 hrs candle closes well below the previous structure. we will anticipate the next...

DIGITALASSETSINC

from the current price action, we observe the outer structurer and inner structure both are in a bullish sentiment. form the current position we notice that we have two possible out come , 1 that the price action forms a visible structure from this point either from 4 hrs time frame or even 1 hrs. timeframe on the formation and break of this structure and close...

DIGITALASSETSINC

From the structure , we notice that the structure , from previous history clearly has touched the dynamic support zone , this hints us that the price action will find its way to the dynamic resistance zone , and rom such bias we start to observe the current price action . that forms higher high and higher lows in this case. which clearly signifies the uptrend....

DIGITALASSETSINC

wait for the formation of structure possibly 4 hrs /1 hrs time frame , from this zone that has been crossed by the dynamic support zones as well as the resistance turn support running horizontally TARGET possibly the 4 hrs or daily resistance zones ,

DIGITALASSETSINC

from this point , we are able to see a resistance zone , both lateral and dynamic. this shows me there is strong bearish pressure around this zone , we will wait for a structure on the 1 hr or 4 hrs , to find a chance to the support zone that has both lateral and a double bottom. for bullish move.

DIGITALASSETSINC

From the outer structure we can clearly see the price , hitting the lateral support zone, this way we see the price action was at the correction phase , we expect an impulse there after . we are able to observe the impulse and the correction that is trapped in between the support and resistance zone , from the price action we need to find a trend , the trend will...

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structure made of higher highs and higher lows, , we well tend to bull till we break the higher low .

DIGITALASSETSINC

price action playing about the lateral and horizontal support zone on an uptrend . Here is the catch dig into lower time frames for a comfortable convincing timeframe for you .

DIGITALASSETSINC

Wait till itt hits higher low and observe what will happen, looking for buying chance.