BTCUSD waits for the price to return to mid-range and sell down. On the daily chart, it is in the cloud and is trending down toward the equilibrium price. On the h4 chart, the price is below the cloud. Strategy to wait for the price to rally up and continue to sell down. Called sell on the rally.
Wait to sell 1943 when there is a signal. Stop loss above 1960.
A pending sell order close to the top gives a high rate of return. Waiting time for order matching until May 9-10. If the order is not matched, this pending order will be canceled.
The currency pair trades within the price range of the daily time frame. Above H4 has reached the resistance level. Stop loss at 0.6815 Target 0.6735
The index is oscillating within a range. The H4 time frame is trending up slightly.
I am looking for consolidation and bullish candles. Wait for a long signal.
Daily chart: price equilibrium is the 29000 Kijun line, the price is below the Kijun line. Although the daily candle has not closed yet, the current position of the price is entering the cloud. These two shows that selling is dominating. However, if the price crosses the Kijun line, be careful. H4 chart: If the price closes below 28400 and is confirmed, the...
Price is below the cloud, below the Kijun and Tenkan lines. The Chinkou line is below the price.
Today I post an analysis video. I think it will be good for you to follow and it is easy for me to show my trading ideas. If you find the content I provide valuable, please leave a like or comment.
On the H4 chart it's already out of the cloud. Manifestation for continued decline. Chinkou Road is now clearly visible. It is in the lower position and nothing is stopping it. It is possible that the market will continue to hit the area of 98.00 and 97.50 which is the equilibrium price on the daily chart.
After the recent FOMC event, the pair is trading at a low. On the daily chart it is out of the cloud. On the H4 chart it closed the recent bottom at 1.3530 I think it will go down to 1.3485 and then bounce back to retest the cloud and continue lower.
USDCHF bounces from two equal bottoms Top down analysis: On the weekly time frame you can see two equal bottoms. On the H4 chart, a set of bullish candles appears. It will hit up to 0.8930 or 0.8950 In my overview analysis, it is not easy to give specific entry and exit points on lower time frames like M15 or H1 so I don't have enough time to post on this....
On the H4 chart, it fell to the gap and quickly bounced back above the cloud. The Chinkou line is now in position above the past price and in the open space for a move to the old top and higher highs.
The downtrend still keeps momentum. The price is below the cloud Tenkan and Kijun below the cloud Chinkou heads down
Condition: - Price under the cloud - Tenkan under Kijun
The pair continue to go up. The next resistance is 102.50
This week I focus on this box. I still maintain my view that the price is decreasing and correcting.
Waiting for the price comes back to the 4h cloud and selling short target 1950, stop loss about the cloud.