Downward channel movement on the long term, but we started to form kind of a bullish channel to the upside. Within this channel we have some sort of a symmetrical wedge formed with some liquidity hunts. This setup is still valid.
im tired to describe just look at the chart and zoom in
Kinda the best setup ive ever seen on matic, so lets make a big bag
Btc is starting to use 2017 ATH as support level. Now my eyes are around 32/33k level for a short squeeze till the bottom 13k dollars. This trade has high chances of playing out because of the golden zone exactly at 32k, pitchfork level using as resistance and there is a supply zone around that area. Take care.
As you can see history repeats so most likely the dollar index will drop, which is good for the BTC chart.
In this case study im showing how the market moves towards liquidity and supply and demand zones.
Made this technical analysis on gbpusd based on elliot waves, fib levels, supply and demand zones. If there are any questions, ask them below. Take care guys!
Cardano tapped into the weekly demand zone and is looking bullish in my opinion. Ath soon :)
We could expect a bearmarket if the previous low gets broken, so we will make a bearish Change of Character setup to the downside. Hopefully this is not the case, but theres a chance!!! Be careful guys.
Trading as a retail trading could work sometimes, but in the long term you will lose the most of ur portfolio. Comparing this to a smart money trader would make more winning trades knowing this kind of structure. For example: liquidity grabs, supply and demand zones etc. Enjoy and Happy New Year!!!!
Called this snipe in premium with a 1:6 RR on GBPCAD, enjoy the profits fam!!!!
CHFJPY is currently done forming the CUP and it will most likely form the handle in the next couple days, so be prepared for this massive long opportunity!!! Take care!
Again thanks to @JoeChampions for this idea, because I haven't seen this pattern for a while now. He makes also good technical analysis so keep up the work man! PS: stoploss and take profits are written on the chart :)
As you can see the three tap setup is valid because of the low range, liquidation swept/deviation and low retest. Enjoy this educational post.
When trading any pair its important to scale from higher timeframes to lower timeframes. In this case ive made a TA on the EURUSD on the 1D timeframe. It is currently in a symmetrical wedge pattern, with a huge probability to break to the upside. Enjoy!
When trading any pair its important to scale from higher timeframes to lower timeframes. In this case ive made a TA on the EURUSD on the 1W timeframe. It is currently retesting the upper trendline of the weekly descending channel, but before it created a kind of Head And Shoulder pattern with a beautiful retest. Enjoy!
When trading any pair its important to scale from higher timeframes to lower timeframes. In this case ive made a TA on the EURUSD on the 1M timeframe. It broke out of the descending channel, which is a bullish indication long term. Enjoy!
NZD is now consolidating after the breakout of the descending channel. Dont forget, only LONGS from support and SHORTS from resistance. Take care!