15m TF WYckoff distribution event. P&F Count gives a lower target of 2732. I have not included the most recent BU resistance test here. If included it would increase the count to 72. This event is occurring in conjunction with price encountering an ascending TL resistance. I will be watching price at opening to look for weakness in the market. A gap down pre...
Hi guys, Happy to publish again in here, been super busy with some various projects. Excited to share them with you soon ! GBP/USD has been accumulating as we can see increasing volume in the highlighted area acting like a support. This is clear on H4 and on M15 as an extra confirmation with a very nice bullish divergence. The idea is to buy as soon as we see...
i see this pair going down here is my analysis
i have 2 trading scenarios here for CHF/JPY PAIR For both sell setups
Looking at oil and it looks like price may be forming a continuation pattern.
SHORT setup producing on the charts this week. Awaiting a retest of the fib, be aware of potential spike upwards to squeeze the short sellers before going short.
Goodmorning all, For today: 1) Price broke above the TSE range, unfortunately missing the buy setups on the lower TFs such as 1m and 5m. Price is now showing some weakness at the top. 2) Price is above all 3 Moving Averages as well as POC, however I do expect price to come back down for a retest which is why I am biased towards short setups 3) Major resistance...
Goodmorning all, This is a new thing I'll be trying out as far as posting on tradingview goes so that I can stay a bit more active. Now, I mainly trade the 1m and 5m timeframes so it's not possible to make a post with those timeframes. Therefore what I will be doing is post a raw 15M chart, analyzing the indicators, price etc and in the updates section below I...
I see a sell coming one of the things that I'm waiting for is a Bearish engulfing candle on the 4hr or a variation on the 4hr.
Definitely bearish view on actually all the cryptocurrencies right now. Significant drop down, staying bearish till at least the end of May lows. 2 important levels away from price now. Resistance at 0.63 Support at 0.58 Further updates will come
Possible Sell Setup on EUR/JPY - All Yen pairs looking the Same.
UPDATED! Good position for long setup on euraud weekly chart by wolfe wave patern with channel that serves as supply and demand levels and fibonacci extansion zones: 161.8 100 0.618
Really like the look of this, everything matching up perfectly. Unfortunately I'm not able to trade this with my broker, but for those who can, put this on your watchlist.
GN broke out of correction and made a small pullback and is resting underneath the 1.236 fib extension. Yes, it is going up right now, but I would watch how it reacts to the 200 MA on the 1hr to see if you might get a flat down to that 1.618 extension level it never reached. That's what I would expect considering how this pair behaves and by looking at the lack of...
ALERTED. nice and simple
Iconomy currently stuck between the support and resistance levels. the support is at 78.6% Fibonacci retracement level, that is $0.87. The resistance is being the point of breakout of the descending channel, that is $1 psychological price. In order for ICN/USD to start moving higher, a close above $1 is required. When/if that occurs, price should continue going...