At the 7.6-7.7 level on Tezos we have thr weekly pivot, the 0.382 of the move, a 3 Day level, and the previous week value area high. If we retrace, expect demand to pick up at that level
Hourly I am looking to short UJ based off of what appears to be institutional candles. OPEN: 110.033 SL: 110.241 TP1: 109.483 TP2: 109.283 TP3: 108.979 Keep in mind I am still learning about all of this and that this is just an idea. Not financial advice.
0.5 fib level, inverse H&S, daily s1, and daily vwap good scalping long opportunity SL: 31765 TP: 33,000 Only enter when it wicks the daily s1
My idea shows that we will be reversing soon. We have RSI divergence and strong resistance. I expect at the very least a pullback. TP1: 75.439 TP2: 74.917 SL: 77.223
EURCAD cup and handle formation. Title says it all. If we break the upper trend line, look for a swift move to the upside. Long Term: Bullish
1. Upward Trend 2. Hit Support (Trend line) 3. Golden Pocket Retracement 4. RSI back crossed above upper bollinger band 5. 21 EMA above 55 EMA Take profit: 1.83175
Hello, I believe we are going to see a pullback with NZD/USD. I have three pieces of confluence that are good indicators of expecting a pullback. They are: hidden bearish divergence, local resistance, and daily R1 above. Disagree? Comment below.
In our chart above, we have several instances where there is resistance. Our stochastics are around 88 and look like the slow line will cross above the fast line. Our RSI has popped out of our bollinger bands, and it looks like it wants to go back under our upper bollinger bands. We also have some price action resistance where we are at, so a bounce down would be...
We have a potential scalping opportunity for CAD/JPY. As you can see, our RSI has been above our upper bollinger band for a couple hours, and the stochastic indicator shows that we are at good momentum. When the RSI crosses under our upper bollinger band, we need to look for signs of weakness on the stochastic. Once the slow line crosses above the fast line...
Hello, I am back here with another analysis. My first analysis with BNB/USDT went well, as I called to short it, and BNB dropped in value. Here, I am doing an analysis on BTC/USDT, and have reasons why I am bearish. As you can see, there is hidden bearish divergence. The RSI values were making lower highs, but the prices were making higher highs. Moreover, there...
If we look at our weekly pivot points, the close price has been hitting and rejecting the R3, which is notoriously difficult to break through. Coincidentally, the fibonacci retracement level of 0.786, which is also notoriously hard to break through, lies right there with the R3 pivot point. However, if we use the body of the candle instead of the wick, we have a...