possible head and shoulder pattern forming, if market closes below the triangle and the red support line then it could be a straight sell off from there. Or Could break above the triangle and when it closes above the head then it could continue up to the higher red trend line.
watch for wicks at either support which is bottom red trend line or at the top yellow trend line to indicate direction. Triangle has been formed so breakout of triangle will show where the market overall wants to go. Long term long on btcusd
Possible inverted head and shoulder pattern has formed and could be a big push to the upside just waiting for break and candle close above neckline to confirm the buy, a good entry would be if it closes above the neckline then some candles downward wick to the bottom of the neckline showing more signs its gonna be a buy.
if it wicks again at the bottom trend line then its gonna fly to the upside so would be a good buy after the wick but watch out for market possibly going below the bottom trend line and candle closing there if it does then hold off. Long term long on xrpusd!
wait for wick at bottom trend line to indicate buy or could wick to the top of that bottom trend line and then be a sell. Watch for wicks to determine direction ! Long term bullish on Bitcoin. Short term possible sell
watch out for head and shoulder forming on this 1 hour chart then watch for neckline for sell Or Watch for wick at bottom wick for the buy short term.
break of channel and major market pattern like double top or triple bottom will determine where the market will go. Wicks on both top and bottom channel are very important to know direction.
watch for wicks by the trend lines , especially the lower ones because those are the stronger ones. Watch out for break out of trend lines to continue upwards.
watch for wicks to know where to enter, Wicks will show up on the lower trend lines and then could be short term buys from there.
watch for wicks at any trend lines to determine direction and show full direction. Watch out for wicks at top red trendline for a high probability sell order at that area if it wicks there.
watch for wicks and breakout of trend lines or triangle to determine buy or sell position.
could go up from here because of the double bottom Or Could close below previous red candle and then continue the downtrend. Watch for trendline breaks and wicks to know more direction.
might do double bottom and then start going up Or Close below the current low and wick up showing its gonna continue down, Also watch out for wicks at trendlines.
watch for wicks to know if its gonna be a buy or sell. Watch out for strong upward trend!
if it closes below the red trend line then it could be a sell. Or If it wicks at the red trend line then it could be a buy.
created a double bottom so have to watch what it does at the current yellow trend line if it wicks above it then could continue up. Or If it wicks at the trend line then could go down. Watch for major psychological levels like the 500 and 00 areas for entry.
Watch for wick at top red trend line to know direction. Nzd news brought the market crashing down and created a lower low meaning its a strong down trend.
because of the double top it could go down for a bit, there has been a lot of weakness for all gbp pairs so could go down but watch for wicks if it continues up in order to know when the drop does come. Could close above the head and then continue upwards.