Cardano looks ready to trigger an Adam & Eve double bottomWe can see considerable amount of volume has accompanied the current big green candle that has broken above the Adam and Eve double bottom neckline here. This type of volume impulse usually signifies that a breakout of a pattern has been confirmed. However, this being only a 4hr timeframe, we must be prepared as always for the first breach of the neckline to potentially be a fakeout. For now though, it is looking like it wants to validate and head up to the $1.28 region.
4hrchart
BTC Update Binance 4h chartBTC Update
The depth of this retracement means our B wave is likely complete already if this is a triangle structure- now a standard triangle (like we had at 10k) rather than running. Daily demand at 38k is still the key to hold for this idea to remain valid. Next support are 38k , 36.5k,35k ,34.8k , Resitances are 40k, 41.5k , 42k , 43.5k ,44k , 45k . If btc don't break frist support then we may see bullish momentum otherwise bearish , News will also effect in this regard .
DOT/USD LONG 4hr DOT managed to break through resistance at 19.0. Further uptrend movement could be in (short term). Chart also formed a double bottom at 18.0, this is a bullish signal
Worth nothing that resistance level at 20.7 is strong, be cautious.
entry: 19-20USD
target 23 USD
Not financial advice.
EURUSD | 31 Jan 2022 - H4 Quick view.4H . Quick Look
As you can see, there is a shift in the market structure.
Today, the sell stop orders were activated below the bottom on Thursday.
And buy stop orders were caught during the New York session above the last low.
I expect more bulls on the 4H chassis
Target 1.1270
USDCAD 4Hr AnalysisWe have created a HH on the 4Hr Chart
However the way that the candles are printing has me concerned
for the bulls. Additionally, the Daily TF has a large top wick
. This wick was created during London Open as price came flying down
liquidating fomo buyers. Im looking for a correction down to 1.263.
Our Daily Resistance at 1.26850 appears to be holding fairly well
US Crude AnalysisBullish on the Crude
No reason to countertrend trade unless you have a tested system
that consistently provides a good RR. This 4hr candle is printing a new HH
in market structure. I anticpate 90$ before the end of the week. We have 4 more trading
sessions this week. We would like this 4hr candle to close with a top wick, so we have wicks to fill in momentum
GBPJPY 4Hr Analysis, week 4 2022 We may come up to 155 on the Daily
We may Respect 154.500 Since we just closed below that
price point during the Pre-NY 4hr Candle.
I don't like it a whole lot, Staying out for the Time being
I had just taken a 5:1 RR position that got stopped out,
Trading in Line with my bias, Bearish , Due to the Daily/Weekly TF's
I'm still looking for a retest of lows, at 153.8 and 153.5
AUDJPY : 4H ANLYSIS 💰
FX:AUDJPY
As you can see, everything on the chart makes sense, every move makes sense.
As we can see, the price is in the descending channel and we've just created a new LL,
which means we can expect a pullback that will allow us to make a new LH after what
I expect that price will follow descending structure and make new LL.
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CHFJPY Analysis Headed UpwardWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
**CHFJPY - expect a bounce upward from the buy/support zone as price is respecting previous daily support after a full correction.
We recommend that you enter when the entry criteria of your strategy is met.
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GBPJPY Progression to 158Looking on the HTF, we can see an opportunity for GJ to continue its course to 158.000. Here we will be entering a new zone where we could see price continue to remain bullish.
Will be entering a long position at Higher Volume Periods if price continues to its uptrend. (0700 UTC)
EurChf buy DEBUNKED (Buy)Hello traders
Back with my diamond patterns. Today we will discuss about EurChf buy. Here we can see EurChf is in a diamond pattern with an embedded triangle. The triangle created 2 waves on the left side. An inverted small V-wave and a regular/larger V-wave. Clearly price is in the other half of the formation and now it looks like the first wave is completing(should be completed by end of the day or tomorrow. And the other wave is yet to form. From what I can see this is a 4hour time frame chart.
If you go for this trade you should aim to take profit on the top of the second wave and short it right away. *Do not increase your risk size, use same risk*!!
Good luck if you take this trade. This isn't a financial advice, just a guide and opportunity that has presented it self. Use sensible risk please!!
Good luck
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Thank you
REQ Contrating Triangle 4H Chart LONGHello everyone,
On the Request Network (REQ) 4H chart, price has been stuck between the horizontal support and the diagonal resistance for a long time.
First of all, the price will break the diagonal resistance in the very near future, and then not surprisingly, it can be expected to retest this line. Initial buy can be made at current levels or by retesting the diagonal resistance.
However, it should not be ignored that the price bounces off the lower horizontal support (0.3699) in this process. If this happens, the average can be lowered by buying again at 0.3699.
Profit levels are 0.4316 and 0.5143. Please sell gradually while you take your profit.
However, the stop-loss area shown on the graph with the purple rectangle should be taken into account, as risk management should always be acted upon.
Do not forget to put a stop-loss at a point between 0.3000 and 0.3387, which will give flexibility of movement to the price depending on your own risk management.
Farewell