GBPJPYAffter the breakout and the full and true retest we can expect now the price to keep moving up
Bulish
NZDUSDWe are strong against USD there is no doubt, now is about to find the right zone till where stop growing and with the right confirmation then sell it. Affter this affternoon will be all clear. But for now I only can see the price going up.
GBPJPYWe got a nice retest at this support line and now we are in a good bulish movement that can be something fast ⏳
Risk Management!
BTCUSDT BULISH in 4H but Bearish in 1HHello everyboy
I hope you had chance to take profit via my last technical pattern (BTC BULISH 4H).
Now BTC moves in Growing up parallel channel in 1H.
BTC is in correction time to go to channel floor in 9150 area.
If channel floor has not been broke and BTC can stay above of 9.1K has potential to grow up to 9.5K
Have Fun
US30We have a trend line, wedge triangle pattern, and a strong support.
A good candle rejection must be good for buy
USDCADWe must wait for the retest affter this breakout finished.
We have a nice bulish triangle continuation
USD JPY Awaiting the correctional phase before taking the trade to the upside. We should find the candle coming back towards the previous structure before making its way back to the bullish rally.
Trade looking about 5R.
Wait for clear entry signals. Happy Trading
USDCAD UPDATEUpdate of last week analysis.
The price came down has expected to retest and now is almost reaching the target
EURAUDThe price broke the resistance and now came back for the final retest. We have also a touch at the fibonacci level.
NZDJPYThe Plan is:
We must wait for this small resistance breakout and leave the price reach almost @ 69.320, the when the price comes down to retest we buy.
We just got two trendlines break and a retest in each. Now the price is showing us a start of a bulish market structure and will very possible create a new high if break this resistance.
Like if you Agree
AUDJPYAffter break and make a full retest at the trend line Im expecting the price at least to reach 60 pips today!
Market in general is very consolidating this days. Better small pips or hold for days with proper risk in many pairs
GBPCHFThe price came touch the support zone and made a clear reversal. Right now we are at some very small resistance line but eventually the price will break for the up side.
Has Confirmation we have this 2 rejection candlesticks. (the new one is not closed yet 📈)
#KyberNetwork $KNC #DeFi Just Getting Started
Weekly
Looking at our highest timeframe (trend timeframe) we can see Kyber Network has been in a major downtrend and has actually never been in a bull market...I consider this something interesting in a positive way. Look at the most recent price action starting from November 2019 we can see price action found support at $0.15 after testing multiple times for about 3 months until breaking to the upside. Higher high was formed at $0.82 followed by a higher low at $0.45. Price action then decided to form an ascending triangle followed by a breakout and now looking to form a new higher high. Stochastic RSI showing momentum is heavily in favor of the bulls with no signs of slowing down, resistance at $1.35 and support at $1.04
Daily
Shifting over to our pattern timeframe we get a better picture of the ascending triangle breakout and can see a symmetrical triangle has formed on the smaller timeframe also leading to another breakout to the upside. Price action now looking to rest $1.35 resistance, stochastic rsi showing bearish momentum has bottomed out and we should expect another push towards the upside. A daily close above $1.25 is a good sign we continue.
4Hour
Lastly shifting over to our trigger timeframe we can see price action has formed a higher high at $1.27 followed by a higher low at $1.24. A 4hour close above our most recent higher high activates trade and we should see a higher high form near our $1.35 resistance. Stochastic RSI showing bullish momentum has also formed a higher low and bulls are reloading for the 2nd wave. I wonder what price action will be when we are in a bull market...
CEMI Tripple bottom CEMI testing the tripple bottom arround the $3.55 mark. Bullish pattern indicater , Needs to break past the 3 resistance points marked on the chart , 3.80 being the first. If the 3.55 fails we could drop down to the $3.30 support line.
Anything under 3.70 looks like a good entry point to me. Looking at the fundamentals the company is undervalued and currently oversold .
Potential catalyst would be getting the emergancy FDA approval back, this could see it move to $8+ rapidy.
USDCAD
Im expecting the price to start going up from now, affter last week falling.
The price just break this trend line and is retesting now,
We have a strong rejection from the higher time frames and also a visible double bottom 📈 🙏⏳
CHFJPY UPDATEAgain, for better entry is better affter breakout.
We can see a lot of important lines here. We can see this has a wedge pattern and the retest.
Im expecting the price to go up after 2 days very slow. If we check at daily Time Frame we are having a good rejection from the down side.
AUDNZD UpdateMy last analysis of this pair was wrong. Affter check it better I could see how strong was this demand zone. We got a breakout of the trend line, for now I can expect the price to rise at least till @ 1.08131
