4H CHART EXPLANATION: We observe that price broke the Ascending Trendline and now it is consolidating on a corrective structure. This is a nice opportunity to trade since most of Major USD pairs are in similar situations, but we need to be careful because it could be a very volatile situation, so, taking short positions below the support zone could be a good...
Ark has created a wedge since Feb 2019. If it behaves classic textbook style then a breakout should be due around the 66% mark of the wedge, which is anytime between now and the next 3 weeks or so. If it behaves well, expected target could be as high as $1.37. This would probably happen in combination with alt coin rally as I've been expecting for the last...
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Small upside momentum right now 4 HOUR Bearish waving market probably we will see new lows before heading back up DAILY Bearish market found support right now. OVERALL Expecting...
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Bearish market open and pressure. 4 HOUR Bullish market found resistance looking for a breakout in each way before heading back. DAILY Bullish pullback into previous lows and bearish...
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Bullish shortterm pullback. 4 HOUR Bearish waving market with strong pullbacks and impulses. DAILY Bullish market turned bearish, formed a pullback in small timeframes now, good short...
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Small bullish pullback to the upside! 4 HOUR Bearish market with 40% pullback of previous wave. DAILY Bullish market turned bearish and was dropping over 1 week now! OVERALL I think...
Hey Guys, I thought I would try out the video feature on Trading View. Excuse the background noise. As the video hasn't been scripted and it's difficult to explain how I frame the markets without spending over an hour going through it in detail, I did my best to convey my outlook on the EURUSD. 1. Larger shorts are still in play and have not yet failed. 2. One...
There is a double bottom with a neckline resistance around $8020. This aligns with the long term support bounced off on May 26th and May 30th. We are placing a limit order to buy to open on penetration of the $8020 resistance. The height of the double bottom is $430, so our price target is a projection up of equal magnitude. This gives us a price target of roughy...
4H CHART EXPLANATION: We observe that price broke down the Ascending Wedge Pattern, so, we expect a corrective movement since it did not correct after the breakout. It would be an optimal point to place an entry, looking for a downside move towards the support zone. MULTI TIMEFRAME ANALYSIS: - Daily: - Weekly:
Seems to me that Gold has completed my prediction of head and shoulders, even in a slightly different angle. Considering the fact that is heavily overbought I am thinking that it's going to drop in the next couple of days, will confirm my signal after the news tomorrow.
NZD/JPY IS SETTING UP TO VALIDATE THE BAT PATTERN. IF ITS VALID WE SHOULD SEE PRICE DROP DOWN TO THE 71.727 LEVEL
1H CHART EXPLANATION: Price is currently making a bearish corrective structure, so if it is broken, then it has potential to reach the support zone. In the 4H chart is explained the macro movement that we expect, but the short term trade is the explained at 1H chart. 4H CHART:
4H CHART EXPLANATION: We observe that price started a strong downside movement after bouncing at the top of the Weekly Wedge Pattern, making two corrective structures on the way that allowed us to enter the market. Now, it has broke both the Bottom of the Wedge Pattern and the Support Zone, so we expect a corrective movement to continue the main...
- We have Bearish Bias, The price cleared below the congestion zone and Range with Momentum. - Waiting for test on the Bear trend line, Congestion Zone or EMA, so we can evaluate Setups.
This chart was brought to my attention via a post on facebook, and generally speaking, I don't trade from what I see others post, however, I recognized my trade set up forming so I chose to enter. Risk TP1- 1.6:1 TP2- 2.5:1 set up: second push down
4H CHART EXPLANATION: If price breaks down the Support Zone of the range, it has potential to start a downside move towards the Support Zone at 31. A few days ago it started to show weakness on MACD, as we can observe the Bearish Divergence while the price tried to make higher highs. Daily vision:
4H CHART EXPLANATION: In 4H chart we can observe that price has broke the Ascending Trendline and the previous support zone, making a pullback on it. It has potential to continue the downside movement towards the Support Zone at 9.4700 and if it is broken, then to the bottom of the Ascending Channel Updates coming soon! MULTI TIMEFRAME VISION: Daily: ...
Good morning! Last week we took a trade on this pair at the breakout of the first corrective flag. At this moment that trade is still active, but the chart gave another setup with a second corrective flag, so we decided to post it again. The target remains the same as the first trade, being the Ascending Channel or the Fibonacci Extension level. You can check the...