I think that gold is in a downward channel. So, I will enter into the trade when I see any suitable decreasing pattern position. Whether it is reaching resistance levels or breaking the trend line, pullback, classic patterns or personal strategies. Don't forget to take money management seriously. Cordial regard
Hello dear friends: I hope you have taken enough profit from the fall of gold today We should note that classical patterns must be compatible with several other elements to be formed. For example, in this triangle, the decreasing price gap in the daily and weekly time frame from Moving 20 and the end of three equal ascending lags in the 4-hour time frame can be...
Hello friends I hope you have profited enough from the falling market. Next, I must say that the possibility of returning to 4-hour moving is high I see a level there that the price has reacted to in the past, So now I am a little more careful in doing the sales transaction. In my opinion, gold will move down in the weekly and monthly time frames, but I have to...
Hello friends I hope you have used the previous two analyses and made a good profit from the market So let's review what happened on the chart; The price first moved up and then we had the second leg of the spike, which was at least as big as the first leg. After that, the price distance from the 4-hour and daily moving (EMA) became very large and the price moved...
Hello dear friends; In short, I want to say that we are in a weak upward trend, that currently, the price can fall to the specified range and then move up again. Cordial Reguards; ALI SADEGHI.
Hi dear friends; If you have seen the previous analysis, you should remember that the price was in a wide trading range and I believe it is still in this condition. The trading range formed after a two-legs bearish spike and finally, the price returned to the flag of this spike. But now I'm waiting for the break out of the price to what you see as the wide...
Hello dear friends; I hope you have used the previous BTC analysis and made a profit. What I see on the chart is that a very suitable trending candle has broken the short-term uptrend line and I predict that this is a broken flag for the second leg of the bearish spike, but I must mention that I am not sure about this. The news that comes from the Federal Reserve...
Hello dear friends; As I said, I expected another spike and now we see it on the chart. In my opinion, the pattern of three falling spikes in this trading range box is completed and I do not expect more falling for the next few days. The distance between the price and the moving average of 20 (EMA20) has increased and there is a possibility that the price...
Hello dear friends; I hope that the previous idea was useful for you. The decline happened as we predicted and the price touched the floor of the trading range, So, what should we do now? The answer is one word: Patience! We have completed the first bearish spike, but the gap between moving 20 and the price is too much, especially in higher time frames(W,...
Hi dear friends; According to the two falling equal lags that you can see in the chart left side (two-piece spike), now I think we are in the trading range of the market cycle after the descending channel. On the other hand, we can see the price second encounter to the top of the trading range also, it seems that the double top has been forming, and the price can...
Hi friends; According to the context and the previous candle, I think that BTC could be falling more. Therefore, I want to think more about selling these days, even though I will sell at least one unit according to the tool you see on the chart. My stop loss and take profit levels are specific for each level with these tool. It depends on what kind of candlestick...
Hello dear friend; according to the chart, you can see the second price touch this level, I prefer to find some fallen position in this situation because I believe that the second encounter doesn't have enough power to break this level. You can check the 4H time frame to see the very strong evening star also.
According to the arc broken pattern, Bitcoin can be considered for sale up to the range of $14,000.
Hello dear friends ; According to the chart when the price hits an important number like 1, it is very normal that expect the price reaction on this very important support level. According to the existing candlestick pattern, I think that the bulls have more power for now!
Hello dear friends According to the candlestick pattern on the weekly time frame, I prefer to look for more buying positions on this chart, so I will look for more bullish price patterns at these levels.
Hello friends, Pay attention to the blue line. It is an important level that has pushed the price higher in the previous session. Now, by creating a suitable and low-risk candlestick pattern, the failure of this level has been confirmed. What I expect is a price drop of at least one unit. Good luck. SL: 1.07880 TP: 1.02392
Hello to all Due to the declining spike that is continuing If this support level works in 4-hour timeframe and if we see a green candlestick with a big body I think we are entering a downtrend channel or trading range So my personal belief is to look for sales opportunities
Hello, good morning, I want to introduce a simple strategy to those who trade in low frame time. For example, I'm on the Dow Jones chart for 5 minutes at a time frame Take a closer look at this backtest You must first find support and resistance levels In the next neighbourhood, be patient until the price hits that level Now wait for the first candle to form...