price looks solid could hold above .236 fib retest area and return to next upside point, however if price fails you could expect a return to weekly broken downtrend that created the massive spike up. FOREXCOM:NZDUSD
price is holding strong above .786 fib, expectation to consolidate on level until break to upside. FOREXCOM:AUDNZD
price is currently holding strong on daily support channel. expectation to return to upside after breaking natural downtrend. may finish downtrend towards bottom of channel, hold strong and wait for confirmation. FOREXCOM:GBPNZD
price appears to be breaking .786 fib waiting for confirmation. expecting downside movement. FOREXCOM:GBPCHF
waiting for price to show me next moves. could be a short term breakdown before a move to the upside. moving upside is the overall expected result FOREXCOM:CADCHF
price will take a moment to breakdown, but it appears the bears are in control.
Price on bitcoin returned to comfortable downside suggestion strong bullish uptrend. Following the dip a return to the upside from the result of a strong bullish price action pattern (double bottom 4hr) next target returning to last high before next price adjustment.
Price currently hovering above .618 fib looking for next target above. If broken expect continuation to upside until target is reached. Possible area for retest below .5 fib area double bottom bullish price action, if held above expect return to high upside.
Prices have been consistent around the .786 fib area; possible ambush for reversal. However technical indicators as well as price action appears otherwise. Confident in bullish projection divergence on 4hr candle close
Prices on the 4h chart after the long bullish impulse started a retracement. The market bounced exactly over a daily support at the 0.382 Fibonacci level and consolidate below a string descending trendline. According to Plancton's strategy if the conditions will be satisfied we will set a nice long order.
Prices are approaching support where we can see a bounce above this level. Stochastic is approaching support as well, in line with our bullish bias. technicals indicate a sway in bullish projection after bouncing clear on uptrend; ascend continuation
Prices are approaching our resistance level in line with our graphical pullback resistance, showing signs of bearish pressure as well, in line with our bearish bias.
Either direction could play out pretty nicely. Observing what appears to be a falling wedge: The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the...
A pullback off confluence uptrend support threatens a larger pullback here but keeps the broader trade constructive while within this formation. Technical Outlook: Bitcoin prices surged more than 110% off the January lows before faltering with the rally turning at confluent trendline resistance (high registered at 58354). The subsequent breakdown fell more than...
I’ve been monitoring bitcoin for some time now. We have what appears to be an Ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts...
We’ve created an uptrend channel . Several bull patterns to help push it to its next target. It appears the next run will commence, bull flag forming on the 4HR / better seen on 2HR Check out my earlier analysis - quite possible it won’t need to head down for the pump
A beautiful head & shoulders forming on the daily - trend strong enough to confirm price action. Lets take a look at the potential for it to break its trend resistance