Daily Chart Explanation:
.
.
🔸 Price has reached the bottom of the Descending Channel, where it was rejected.
.
🔸 It started a bullish move, which broke the Resistance Zone (now Support Zone).
.
🔸 The target of the upside move is the upper Descending Trendline of the channel.
.
🔸 We will look for a lower timeframe bullish setup.
4H CHART ANALYSIS:
Potential long set up inbound.
Wait for the pullback, before looking long.
We analysed this pair on weekly chart, click the link in the related ideas section below to check it out ⬇️
4H CHART EXPLANATION:
.
.
🔸 Price has reached a Major Resistance Zone, and was rejected there.
.
🔸 We consider it has bearish potential.
.
🔸 The target of the downside move is the first Support Zone, and, if it is broken, then the next one.
.
🔸 We will look for a lower timeframe bearish setup only if the Ascending Trendline is broken.
DAILY CHART ANALYSIS:
BAT - Some nice TA on #BAT price has been slowly decreasing in this wedge where it found support on the 25% range.
On the Binance news today was able to push to the 50% where it stopped to the tick.
Want to see a S/R flip of blue or purple for further upside - Target 75%/ 100% of the range.
For conservative entries - wait for wedge breakout....
Plz...
Potential short scenario.
Keep any eye on this.
Wait for the pullback, then use price action to confirm your entry.
Our previous analysis was correct on this pair.
Check out the idea below ⬇️
Market structure has broken down, it is unlikely that ETH will recover to $140 levels now, strategy suggests to sell.
DM for access to strategy, price is 0.005 BTC.
Add EURUSD to your watchlist for this upcoming week.
Wait for confirmation on a lower timeframe.
(Confirmation: Break of descending trend line + support-resistance zone turns to support after retest).
It's too beautiful not to publish, even though I wish ethereum crumbles away to true value , and get replaced by $etc, but technicals first.
So many perfect levels, such little time.
DAILY CHART EXPLANATION:
🔸 This pair is making a double bottom pattern between the current low and the previous one.
.
🔸 It has been consolidating for the last days.
.
🔸 We consider that price has potential to reach the Descending Trendline.
.
🔸 We will look for a lower timeframe bullish setup.
WEEKLY CHART ANALYSIS:
APT is another speculative Coronavirus play I have been stalking. APT produces a lot of the medical supplies and protective gear that is in extremely high demand right now. Coronavirus stocks such GILD, APHI, CODX, etc have also been tightening up for the past few days. GILD started to break out two days ago and APHI which has a very similar pattern as APT,...
Hello traders! We are looking at the near completion of a bearish Cypher pattern for a reversal in a minor down trend. The D point completes at the right shoulder which presents a possible short opportunity, We will monitor price action and await further confirmations for a reversal. This is a short term opportunity with three ideal targets. This is an idea not a...
Comment in the picture for what I am looking for
Anything that breaks resistance on the right shoulder of the H and S then we are looking for buys
For the moment we are looking for sell positions to keep pushing price down
Please Push the LIKE & FOLLOW and leave your COMMENT below.
This is my open trade on USOIL if you want to learn more about my trades please leave a message on my Telegram account.
TELEGRAM: NirKubaFX
WEEKLY CHART EXPLANATION:
🔸 This pair was on a sideways move since 2015.
.
🔸 Now, it has broken the Support Zone, leading to a bearish scenario.
.
🔸 It has potential to reach the Support Zone at 0.50000.
.
🔸 We will look for a lower timeframe bearish setup.
DAILY CHART ANALYSIS:
Price broke out of an ascending channel, plus a structure zone (Support & Resistance).
We may see price retest the broken structure before continuing a bearish move.
Wait for a bearish correction on a lower time frame to confirm the move.
DAILY CHART EXPLANATION:
🔸 This pair is on an uptrend.
.
🔸 However, it could not consolidate above the Resistance Zone, and was rejected strongly.
.
🔸 Now, it is breaking the Ascending Trendline to the downside, so, we consider it can start a downside move in the short term.
.
🔸 In case the direction is clear, we will look for a lower timeframe setup.
4H...
