Hey Everyone! After a shining week for gold and giving back some of the gains, i think it's fallen enough and there may be a buying opportunity at this level. - The Black Channel : Price hit all time high level and touched upper border of the shown channel. now it's sitting at the bottom of it where i think is a strong support. - The Blue Channel : A very strong...
A strong confluence of lines and some horizontal barriers has created a potential short opportunity for this pair. a reversal is highly probable. Good luck!
Hello friends! US dollar index is rising in a channel as shown in the chart. i think it will face some serious resistance in 105.700 - 105.800 zone. in this zone we have confluence of two falling trend lines and upper border of the channel. Good luck!
There is a cluster of horizontal and dynamic barriers formed at shown region which increases the probability of a reversal at this level. Let the price tell what's going to happen and good luck!
A cluster of lines has formed a potential support zone and i think a reversal at this level is probable. Good Luck!
The concept of Action and Reaction Lines is not frequently used by traders. If you browse through the Technical Analysis literature you can see that this topic has seldom been addressed. The first person to mention it was Roger Babson, followed by Dr Alan Andrews. Both of them made use of this particular technique with huge success, making profits of millions of...
OANDA:CADJPY facing strong resistance at the shown level and a reversal expected. confluence of several trend lines and horizontal barriers has created a probable short opportunity imho. We need to wait for price action to confirm this idea or not. Good luck
US dollar index is currently sitting on a major falling trend line and in my opinion there are two paths ahead: - The Blue Arrow : Bulls gain control and move the index to the red rectangle. - The Red Arrow : Bears breaks this trend line and price falls to the green rectangle. Good luck!
Hey fellas. There is a confluence of structural resistances on the zone shown on the chart and i think it's highly probable that we'll see a reversal at this price zone. Good luck everyone!
This analysis is based on principles and ideas introduced by Dr. Alan H. Andrews and all credits go to his soul! hope you will find it useful.
I did a simple and quick analysis on bitcoin based on action/reaction & trend analysis and a little numerology.
In this video i tried to show you how to use trend analysis and principle of action/reaction. hope you find it useful.
A little more analysis to elaborate my previous idea . In my opinion it's unlikely that bitcoin can break this strong resistance zone so i'm turning bearish for now.
Bitcoin facing a strong dynamic resistance now and there are 2 levels as shown on the chart. potential trades can be taken based on breaking of each of these horizontal barriers. good luck everyone!
Hey! Just did a quick trend analysis and wanted to share with you! I think the red zone shown on the chart will be a support and maybe a potential long opportunity. Good luck!
Hey guys! On the chart I've tried to determine major support and resistance levels for the index. please be advised that there is a strong resistance in the 4970-4971 zone. Good luck.
A Simple Idea and analysis. DXY is in a down trend and it may continue this direction. Thank you.
Hello friend! in my opinion there is a high probability that sugar will bounce up from this zone. chart is a little messy i know. Good luck & DYOR!