This analysis is on 4hr timeframe and we are expecting a bounce back at 1.3 level.. I can see head and shoulder pattern, it took 65 candles to make head top and 32 candles to form shoulder head, I am expecting 30 candles to make another shoulder.. We can expect 2 week bullish and after that we can expect a reversal.
Retracement has been completed. I can see the divergence with double bottom, confluence to the trend reversal. wait for 2 candles to close above MA (13), Reversal will be confirmed as per my scenario 2 to ride the trend..
USD CHF is in downward channel, I am still suspecting that it has a strong resistance 0.8882, Expecting a pull back towards downward channel and form another LL. Key levels are defined Placed Sell limits to optimize our entry
Waiting for the confirmation f reversal and change the trend..
We can expect a 2x to 3x in upcoming months, Its quite bullish. We can expect a top at 3 dollar in this bull cycle. Easy targets for XRP for August 2024 $0.93 and November 2024 $ December 2024 $1.34 which we can expect in upcoming months.. XRP is at critical level, if it breaks 0.7, we can see a strong upward rally , it will move towards $1.34 .. Key levels...
Euro is going towards downward trend. Their is a bearish divergence, We can expect LL if it breaks trend.
Its will form a new HH, I have seen a tweezer bottom candle.. I can see a good upward trend... Key levels are defined
Still moving in bullish upward channel, Expecting a pullback because their is a string bearish divergence. will wait for HL breakout and we will start looking for reversal.
Its forming a bullish divergence, Lets wait to break the LH and form HL and change the trend. AXY indices is still on an upward movement but losing momentum ZXY indices is still in range bound but moving towards resistance. Expect a breakout Key levels are defined
USDJPY - is forming a falling wedge and forms a bearish divergence. Key levels are defined...
If it breaks 1.3655 level it will form a new HH and we can see an upward movement. Key levels are defined. Adjust your risk accordingly.. Happy trading
GBPUSD - is forming a bearish divergence and sentiments are towards selling. Waiting for the confirmation to break and the HL and than place the order. Key levels are defined.
AUD is following a bullish momentum, can't see any divergence.. Nicely following HH,HL and if AUD breaks anotehr HH , we can expect a bullish move next week
The whole crypto market is in downward trend!! DOt is still holding major support! if Dot surpass 6 dollars.. we will see upward trends...
Next couple of days are quite bullish for ALGO!! Algo has gone through a depression phase in last couple of months, signs of reversal. The structure hasn't broken, Expect a 50% to 80% ride easily. Key levels are define to take profits and keeps your trades in profits..
DOTUSDT haven't done good progress in this bull cycle so far and retest it major support. The structure is still sustain, I can see a great upside potential. Take Profit target are high lighted. (7.7,9.3,10.5) USDT is on the cards. Bullish divergence has formed on daily time frame and expecting to hit targets in next couple of weeks. happy trading and keep learning
Expect a good pull back from, we will expect a reversal as soon as it break a falling wedge. Key levels are define
Bearish Divergence Break of structure Instant entry