This pair broke out of the trendline and the Key zone was broke too giving us confirmation that we're in a reversal....... We will wait for a retest to enter a buy
We are in a Ranging Market on a high timeframe and this pair is heading to the major demand zone which opens a window of buying opportunities
As I was looking at key levels where is most likely that the market will reverse I managed to spot a beautiful diversion which is confirmation that there is still a downtrend momentum goin on in this particular pair and the is a high probability that it will reject off the zone and continue to move down with the trend
If the market rejects the the trendline as well as the zone the i can look for selling opportunities targeting those prices I highlighted
This pair is been bearish for the most part of 2022 and can observe it with a succession of lower highs and lower lower as well as the trendline..... However we cannot tell at the moment if the market will continue the bearing trend
If everything goes as I analyzed..... And the market continues direction
As I observed on Higher time-frames we were in a bullish market and the market rejected to break a key level...... If the market breaks and retest the resistance I highlighted then I will be looking to enter a buy
Price rejected of fibs 0.5 zone on D1 chart...... This is my 1st confirmation that the market will continue the bullish trend we observed on weekly chart
Web clearly confirm that we are in a bullish market as the market printed a series of Higher highs and Higher lows and Also we should highlight the key zone that the market failed to break and now we can say it's a rejection signifying a potential trend continuation
The market printed a a beautiful ascending triangle chart pattern...... As we observe how the market rejected to break the resistance zone I highlighted and also creating a series of Higher lows showing signs of bulls trying to break this zone...... A break and retest will be my 3rd confirmation for me to enter a buy
On H4 chart we can see clearly the market was retracing in a minor downward trend and fail to continue and broke out of the trendline the market printed and retested.... This is my second confirmation that we will continue the bullish trend we observed on the Weekly chart
Price rejected of fibs 0.618 zone which is my 1st confirmation that we're rejecting of the last Higher high we observed on the Weekly chart
We are in a bullish market in this pair...... As the market Prints a series of Higher highs and Higher lows.....currently it seems that we will continue with the trend because there market failed to break our previous Higher Higher
Market did as we expected...... It finally broke out of the resistance zone are marked now it will test the next zone for sure
The entry signal I posted yesterday worked out beautifully check it out on my profile......im closing some of my trades
Bitcoin has been consolidation fpr for some time now, but it has tested and failed to break the resistance zone at price 45 000, I'll be looking for a selling Entry if it fails to break again
I didn't sell US30 because Price broke out of 200 MA and the 21 MA crossed the 50 MA which is a confirmation that the bulls have taken over and I'll be looking for buying entries at those underlined zones