Message of the day – Freaking out about Bitcoin? Don't. - "Indeed, the Patient will be given their Reward without account" — The Holy Qur'an .
Analysis – XRPUSD | BULLISH | 1W This is the additional analysis promised from my main post – These are fractals which are mirroring price from the beginning of 2021. Any questions are welcome, Thank you for your time. L’art Di Vivre.
Analysis – XRPUSD | BULLISH | 1W This chart incorporates market structure as the focal point from meticulous study of behavioural analysis. On the 10th November 2021 price failed to break a key area of reactivity at $1.35XXX, a downtrend was formed with candlestick volume unquestionably bearish on all timeframes; but what we’re currently experiencing in terms...
1) Uptrend. 2) Confirmation of HH & HL. 3) Buy the HL. Price has found support at 1.37727; No structural lower low to confirm a downtrend. Awaiting wick rejection. A buy limit should be set at this price, Or market execution upon candlestick closure. Thank you.
Analysis — XAUUSD | H4 | BULLISH Target @ 1311.50 This is the 100.00% Fibonacci. This analysis has been established through our trend-based Fibonacci. In addition to this is a classic example of a bullish pennant — a pattern every trader must memorise in Forex nursery school. The price has been in consolidation amongst the 50.0% Fibonacci; This key level has...
Analysis – CADJPY | W1 | BEARISH SELL @ 84.750 The price is currently approaching our Fibonacci Retracement 61.80% This acts as our resistance. This is an early signal so please do not enter yet. If price reaches this level please enter for a sell. The take profit level is @ 82.200 (255 PIPS). Please note this is not financial advise. Thank you.
Analysis – CADJPY | D1 | BEARISH A simple example of market structure, This is a lesson we've all studied in nursery. What happens when price reaches the support / resistance? I know what you're thinking... It can either reverse or breakout. At the same time we have to use our intelligence, intellect and intuition; our instincts and common sense — in...
Analysis – USDCAD | W1 | BULLISH This is a potential 175+ pip setup. Our analysis has been produced from the Trend Based Fibonacci. The methodology has been reciprocated with price action since April 2016. The price has now reached our 78.6% retracement . The weekly candlestick has closed above this level which exhibits a rejection. This analysis also...
Analysis – USDCAD | W1 | BEARISH This is part two of our analysis, The original can be found here – Sell @ 1.33300 A CRAZY 600 PIPS IS ON THE LINE. Our analysis has been produced from the Trend Based Fibonacci. The methodology has been reciprocated with price action since April 2016. The price has now reached our 100% retracement; This is the supply /...
Analysis – XRPUSD | W1 | BULLISH The market is currently at an important key level, Ripple is one of our favourite coins due to it’s practicality; it’s functionality and appliance to today’s society with implementation in financial institutions – catalysing, and offering a more efficient network to transact money. At the same time this is a very simple...