Hey Everyone, Happy Hump day! I have read this morning another publication telling me "BITCOIN IS DEAD?" If you search the internet you will see BTC has been declared dead 100s of times, yet it's still trading... And you're still here reading my chart. The only people saying it's dead are the ones who don't know how to trade or what to look for. Right now I...
The price could not stay below the channel and we can enter a new position on crude oil According to the previous analysis and also it's good to see the bullish alternate ab=cd pattern and the nice pin bar candle.
The 4-hour chart of USD/JPY indicates that the pair has broken the downtrend trend line. It is currently re-testing the broken trend line. Also it seems the pair has formed an up channel formation. Unless,it breaks the up channel trend line, the counter will not experience selling pressure.
ETHUSD is in a descending channel. We have channel breakout trades We have channel trades Bottom Day support level is our bearish take profit Previous resistance level is our bullish take profit Use your choice for SL
Price is in an ascending channel Bullish bias price moving to top of channel Possible bearish breakout of channel bottom Buy Stops and Sell Stops shown Take Profits are shown
As per my last update on the USDCHF pair, price has come down and currently bouncing off of the bottom of the channel. Overall the Dollar is relatively underperforming, which I have been discussing for the past few week s. My LONG is still on and my target area is still in the green fib extension area, unless price drops out of the channel like a rock and/or...
The future will prove if channel was true to be foreseen. Additionally, supposing market continues up to fulfill Fibonacci ABCD pattern price will reach ~$15,000. Clearly Speculative: Inverse Head and Shoulders? Answer: To be seen XD