luisca826

luisca826 Updated 

The price is moving down within a descending channel. Right now, it bounced off the upper limit of the channel and hit a key weekly resistance. A candlestick pattern with a long upper wick and a small body has formed. Plus, the price has formed a triple top with lower highs. A short trade looks good based on price action and backed by volume analysis, which...

luisca826 Updated 

The price has unsuccessfully completed its second attempt to break through zone of interest and resistance producing a second bounce, supported by an important Fibonacci level. Candlestick formation indicating a potential trend reversal. Time Frame: daily Idea support: - Price action - Volume Analysis - Trend analysis

luisca826 Updated 

Hello traders! Price making a candlestick with a long lower shadow indicating a bounce into support. The downtrend was broken a few candles ago. Price at 61.8% Fib after a correction. Volume and CVD supporting the idea. Timeframe: daily Idea support: - Price action - Volume Analysis - Trend analysis

luisca826 Updated 

The price is moving within an ascending channel and has just hit the lower limit again, bouncing back up and forming a bullish candlestick with a long lower wick and a small body. This suggests that sellers have made another unsuccessful try to change the trend, even creating a higher low that backs up the uptrend. The price is also bouncing off the 50% Fibonacci...

luisca826 Updated 

The price is moving down within a descending channel. Right now, it bounced off the upper boundary and hit a key weekly resistance. A candlestick pattern with a long upper wick and a small body has formed. Plus, there's a rising wedge on the 4-hour chart. A short trade looks good based on price action and backed by volume analysis, which clearly shows a clear...