Market Context Is HIFIUSDT poised to climb from this point? It’s looking possible! Chart Analysis We recently hit a new low on the daily chart, thanks to a Friday flush. However, this could be the recovery point we’ve been waiting for. Today’s price action hints at a potential false break on the daily timeframe, setting the stage for a rebound. Strategy This is...
Market Context GNOUSDT recently saw a significant spike in volume, but we couldn't establish a new high on the daily chart. Now, we're consolidating within a trendline on the H4 timeframe, hinting at a possible false break. Strategy I’m betting on a move lower. This setup looks like it could play out quickly today, but we might see the downward momentum continue...
Exciting movements on BTC today! The last two 1-hour candles were intriguing, showing some notable volume. On the 15M timeframe, we broke the low and then bounced back up. With a false break on the 1H timeframe, we might see a retest of the 15M low. This sets up an interesting opportunity to go long. I've set my order—let's see how it plays out!
Here I have DXY on the 4Hr Chart! Price has been in quite a Downtrend since the High @ 106.517 and now with the appearance of what seems to be a BEARISH BREAK of an ASCENDING CHANNEL which if we get a VALID BREAK and CLOSE out of this Channel .. This is signs of a Strong Continuation pattern, the BEAR FLAG! The Big Push behind this weakness comes in with the...
Here I have GBP/JPY on the 1 HR chart! Price has been following what looks to be a Rising Resistance and Rising Support forming a RISING WEDGE!! Early this morning on disappointment of GBP strength, we seen price BREAK BEARISH strongly on the pattern!! I believe price is now retracing to the Rising Support of the Wedge to test as a VALID BREAK for confirmation...
Here I have AUD/USD on the 1 Hr Chart! Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week! With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?! Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!! So far,...
We expect further downside on this pair, signalled by the false breakout of the descending channel pattern. We can also see the testing and closing below of price the key level which further supports our directional basis.
D1 - Price respected a key support zone and is bouncing higher. False break with bullish divergence. Expecting the price to continue higher further in the short term. H4 - Most recent downtrend line breakout. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
D1 - Price has reached a key resistance zone. Bearish hidden divergence followed by continuing bearish divergence. H4 - False break with bearish divergence. If the price breaks below the last low at 1.09283 with momentum I may then expect short term bearish moves to happen here. Alternatively if the price moves higher breaks and holds above the key resistance...
SMRA . Weekly TF. Falling wedge pattern. TP1 830, TP2 935, SL 585.
if you look closely the stock, yes the stock broke the trend line on 29th of aug, but its recovering and coming back to its support, theres a green candle too, lets see what happens on Monday. check out the volume too. plus have look on MACD indicator, its strategy telling to go up.
Hey guys, last week i pinned trade, where i was in short to audcad. This trade is lost, because market don't break EMA20. And for me it's new rule for trades false break corrective structure. Jindrich
Hello guys, entry to trade now pair audcad, false break with daily downtrend. Jindrich
FX:USDCAD False Break Short Idea on 1H Chart with Liquidity RUN
The price is creating a pennant below the daily resistance and the price had a false breakout. On the daily timeframe, the price tested the 0.618 Fibonacci level with a nice candle. As you can see on the left the price created a W pattern and now the price is trying to have a breakout from the neckline. How to approach? The price needs to have a breakout from...
As I told you on the previous analysis the price wanted to retest the supply zone. At the moment the price is creating a long wick candle on that level, and it could be a false breakout of 43k. As I told you before, the price needs to create a clear higher high with volume and momentum. So if the price is going to create a clear breakout of 43k, and retest the...
The price had a false breakout from the daily area on 38400 and now the price is trying to come back into the daily structure. the false breakout could confirm if the price will have a daily close above the 39200$ Otherwise, if the price is going to have a rejection from the daily structure and confirm the 4h breakout above the new lows (37600) we can apply our...
Hey everyone, i pinned trade from friday. This idea was about pa, where support was break and after i didn't seen retest support, but just false break. So i waiting for break to the back zone and retest support. For normal trade 1:2, when the risk is 2%. Jindrich.