Based on current price action, the HTF showing a ascending channnel with a downtrend since July. LTF also showing multiple sell signal - Ascending channel since August 19th - Ascending channel since Sept 22th - Possible head and shoulder - Double TOP ( Previous top at August 12th) The analysis are based on HTF which is at a down trend follow by adding sell...
Price has been an uptrend for a week and ranging between the rising channel. But the overall trend is in an down trend and current price are in expanding channel. Would see how the price develop as price reach the previous high at Sept 14th which is a potential double top pattern. If price would breakout from the ascending channel and form correction, it would be...
The price are currently still ranging between the ascending channel since march but showing multiple sell pattern - Ascending channel since march - Head n shoulder since mid of july (right arm almost completed as the price could not break out higher) - Small ascending channel to complete the right arm of the smaller head n shoulder since mid of sept. The price...
From htf, the price are ranging in ascending channel since march and the price finally broke out at early september. After the price failed to break out higher, it continue the major bear trend and consolidate. It would be a potential entry after ascending channel break out, watch out for the previous low for a possible rebound.
Based on the current situation, the price still in a descending channel of consolidation stage but the price are showing multiple bullish sign that might happen if - With respect to the head and shoulder pattern, price broke out the small descending channel and form correction before the bull run. - Price broke out the bigger time frame descending channel and...
EURUSD are forming a small descending channel within a bigger descending channel at this current stage. The similar pattern can be seen before from Feb 5th - Mar 31th, the price form smaller descending channel and bull flag which breakout higher to the top of pennant eventually. Based on the similar pattern, would expect the price to rise up to the top of the...
Doge still in consolidation stage after the crash but it slowly complete the previous pattern when it reaches the all time high between April to July. I still bias for long entry at the current moment as it fulfill what i looking for an potential entry. The similar pattern with a smaller structure may leads to a bigger impulsive move.
As we can see the chart are forming an descending channel after an upward impulse. The Inverse head and shoulder and complete double bottom also form in lower time frame. Looking forward for the price to rise to the top of the channel and eventually forming breakout. Price might still have not finish its correction to go higher.
Although the price are uptrend since Aug 23th, the price has now form 3 bounce of the down trendline since Jun. - Major down trendline since Jun - Up trend channel breakout low - Support breakout (130.480) - Head and shoulder from Sept 1st - Fix poc breakout
Price are now on its way to retest the poc to continue downwards. - Major up trend channel breakout - Poc breakout - Short period down trend channel form - Retest at breakout resistance.
Double bottom spotted when the price make a huge spike and continuous uptrend. Expect price to go further high if it fulfill following requirement - Price breakout 87.950 resistance - Fixed poc as support - Breakout high to the short up trend channel - Major downtrend breakout ✓
Buy when - Major down trendline breakout - Fixed poc breakout - Short period buy channel - Resistance breakout 0.73200 Sell if price rebound based on major down trendline breakout.
As the price breakout on the sell trendline since Aug 16th, would expect the price to go higher to the next resistance. The bull flag pattern also begins to appear...
There's 2 possible outcome for this case: 1) Price confirmed its bear trendline breakout and continue ranges between the rising channel. 2) False breakout, price hit the bear trendline and drop significantly. LEAVE A LIKE AND A COMMENT - I appreciate every support!
Price currently ranges in ascending triangle. Would expect the price to breakout high from the triangle and rebound from the major bear trendline. LEAVE A LIKE AND A COMMENT - I appreciate every support!
The price had break out through the channel over the past two days but it has retrace back to the channel for now. As the price continue to rebound respect to the rising triangle pennant, the market direction are still yet to decide.
The down trend pennant had been ranges since Aug 20th was the first signal that there is stronger bulls in the market. Then the Cup formation can be seen from December last year, are yet to complete its handle which is a stronger indication that the price would go long to at least the peak of the price at cup formation (1.64195).
The major down trendline which lasted a month (Jul 30th) had finally break through. The new trend may started if the price ranges between the ascending triangle pennant. For bulls trade, wait for the retest at the downside of the ascending triangle before entering the trade.