wait for sellers to reach their target(db neckline) before buying then find a good entry point with tight stop and aim for this consecutive fib levels as tp's: 1, 1.272 , 1.618
confirmed by emas acting as resistance and about to cross its important to set a tight stop and take a great part of the profit at trendline price may revisit 1.35lvl first (prz) and at this zone it would be interesting to look at price action. because it never pullback after breaking this resistance so bulls may want to defend this level. pay attention to the...
Three confirmation setup. Harmonic pattern will be completed in the blue box , its also the target of the ABCD pattern the divergence in the Stoch is confirmating that a trend reversal should happen when price hit point D and reject the zone, it will be important to verify if there is a bullish candlestick to have a third confirmation so waiting for price to...
and now have retest 618 fib. there is still room for price to move up it reacted well since it formed a bullish engulfing on it. we can aim for higher level, the final target is point D of harmonic bat. for more safety the stop loss is to be placed much lower than below the bullish engulfing (because of high volatility)
price broke the ascending channel after forming a cypher pattern aiming for rose box
there is emas crossing and the macd retesting the 0 level could be a nice short from here. +300 pips trade tp's are on chart
there is the emas about to cross, there is a bearish divergence on mac, there is a trendline broken and there is a rounded top after price broke neckline considering these elements , a short is possible from here and aiming for the rose box
this is a high profitable trade since stop loss is quite tight and winning rate is high (could be around 80%) before entering it will be safer to take a look at lower tf in order to make an analysis in 1h and optimising this setup. also it will be a nice thing to observe price action at market open because if price gaps up , the whole setup will be cancelled
as we can see there is a lot of common point: strong rejection of a key level, macd cross I expect the price to stagnate here for a few days before forming a next impulse similar to what it did as a result we could see price juming to 70k
as we can see there is a lot of common point: strong rejection of a key level, macd cross I expect the price to stagnate here for a few days before forming a next impulse similar to what it did as a result we could see price juming to 70k