From the bottom of .32 matic has now 110% up.and now standing at 200 Ema . Many times coin start in downward direction after taking resistance from ema. And this downward run has average range of 20-25%. After all the news of crypto exchange around the world the and many other news, of market started following downtrend than we could achieve our 1st target of 0.8...
Long time frame 1D :
From Fibonacci retracement we can see that price is taking resistance from 1950 and moving towards 0.2 level . At 0.2 level we can see some pull back or green candle for short time. But we have to focus on fib levels. 0.3 is a major fib level for over eth short target. Which is of 10-12% at 1660-1700.
Also chart shows double top formation...
Today whole crypto market is likely open in red. Btc failed to break it's level of 25k again. With this trend bnb is also back to its 330 to 315 range.
Now here we can see that it's standing on 200ema in daily time frame also it forms head and shoulder pattern. Which technically indicates that price may come down with trend so we have to be prepared for some...
In forex the best suitable time frame is 4 hour. It gives us overall idea of trend. And if we add Fixed range volume profile gives idea of a important level in a range where we should keep our eyes.
In this chart of EURUSD (4 hour) fixed range gives the level at 1.02 means that the level of 1.02 is quite hard to break. In this zone both bear and bulls are trying...
Currently market is down. This is the time when we have to make wise decision. For bnb 535-540 is good buying zone. Definitely after taking support from 540 bnb will go to 600-650 within 3 to 4 days .
Here we can see head and shoulder like pattern.if it break the neck line then we can get a small target in downword direction . Since it has support area at 1.04 we can take a trade with our risk management. What your view is this a realy a bearish momentum ?
We see that after fall from head and shoulder's neck line we are getting breakout from parallel channel on 1 hour time frame . If strong candel closing at 368-70 we can see a bullish momentum up to 388-90.
Also it has taken support at 200ema which makes more chances of bullish momentum.
What do you thing ?
After small dump in btc and cardano here we can se cardano is taking support from neck line of head and shoulder pattern and also from its trend line. We should take long trade when a strong candel closing happen above 2.390 level. Trade shoud be according risk management. What are your view on this ?
As I mentioned in my previous idea about using ema and volume , it reflect perfectly in only few minutes. We can se that how bullish it go and touch my target 2.530 perfectly. This shows the power of using correct technical with patience.
With the help of Volume plus moving average we can see tha how fluctuations is happen. In chart we can see that in first big candel with higher volume it's price is away from Ema but here in recent big candel with higher volume we see ema cross of price which indicate bullish momentum. This way we can use combo of volume + ema + price
In this 4 hour strategy we have to see mainly 3 points. In forex market there is very important to know time frame in which you have to analyse. Best time frame I recommen is 4 hour for analysis of trend and structure then for execution we have to see the 15 to 30 min preferable time frame. In this USDJPY chart we can clearly see the market trend and with help of...
In this I have shown how we can see trend of market as well pattern formation like head and soldiers or inverted head and soldiers. Also when to get entry ,so here we did not take entry directy at end of soldiers first we see either any retest is goin to be done or not . Here we can see that retest is done so we take entry at retest point and neck line point. And...
