Looking for Gold to breakout of the downward trend with a break and retest of the $2298.5 level before continuing higher. I am looking for entries on the 5min and 15min timeframes. I believe this is a short term bullish move before the bigger overall bearish retracement on the higher timeframes.
After check Higher Time Frame (DAILY and 4H) chart, in 15m we can see a correction that now price being ready to have a SHARP falling AFTER TRENDLINE BREAK ! LET SEE!!!
Currently, on the 4-hour timeframe, we are in a bearish range that is between 4150 to 4113, with the latter being the liquidity point of the current range. Therefore, we can expect some reaction that will help confirm a possible short entry when the price touches the grey zone. Alternatively, we can continue to monitor smaller timeframes to follow new ranges that...
FX:GBPUSD After price broke its bearish structure on the 1H. Price continued to rally down. It then made a pullback with multiple candlesticks testing on the 50% Fibonacci retracement level creating a potential lower high and a resistance level. Entries are found on the lower timeframes like the 5min and 15min timeframes
Hi everyone, In my last post, I talked about the way BTCUSDT will pull back in an aggressive manner, which it did (link down below). Right now, we are resting on previous short-term highs which I explained in my last post too that we might be in a potential buy area. However, looking at how price treats this level, I think we might see some new lows after a...
I'm open to ideas of further downside Price Action in the short-term, but I have a Bullish Bias towards a "rally" within a Bear Market scenario where Price might seek higher levels of liquidity in the intermediate-term (over a span of months sometime in 2022-2023). I won't ever make any specific Time and Price predictions beyond a general area of value and even...
NAS100USD , Nasdaq broke bullish structure, with a retest on lower timeframes. Time to go bearish on Nasdaq
Hi everyone, Yesterday I talked about how DOTUSDT was going to retest an important support level and bounce from it which it actually did. (link down below) Today we are looking at BTCUSDT where we just did a retest of the lower time frame head and shoulders and we are now at the major resistance level. In the last couple days, I mentioned that we were...
Hi traders, THE STATEMENT Here you have a quick scalp idea on FX:EURNZD , using H1 for directional bias and M10 for execution. THE PLAY On H1 time frame, there is a bearish RSI Divergence forming since 14th of January 2022. However despite the RSI Divergence, there is no other confluences indicating a reversal (no Break of Market Structure or ...
Wait for the price to get to the 1H POI/ Order Block and a follow up movement to the downside. Get your confirmation on the Lower TIme Frame.
ETH in Week and Daily HTF is bullish at the moment, but 4H is showing downtrend, with no Change of Character. 3.9k marks the resistance, will see how the market react to it. might be the end of BTC and the season of Alts - react, don't predict. -
Good afternoon traders, Sorry for not posting today I have been a touch busy! Lucky for me, I haven't missed on the markets bagging some great % and $ like the other members of our community. We should be back to regular viewing tomorrow. In the mean time... Trade safe as always. EnvisionEJ
Hey ya'll this is just kind of a check in. In my "we've seen this before..." post that I linked below, we talked about how $LINK usually behaves before massive runs. The price action did in fact dip to that 20 dollar lower blue line. And with that we saw a LOT of buy support created. As you can see now, on the 4 hour chart we've formed a nice higher low, above...
Hello traders, EU on a lower timeframe. EU is trying to reached the gap below and also retesting the Head and shoulders neckline and getting its liquidity back before it starts moving to the upside. Always look for candle patterns and candle form, to tell you which direction the market is going. React don't predict. If you don't see it don't do it. Thank you for reading!
Hello Viewers. Pennant Formation as a Continuation Pattern are two converging lines containing price action. Although Symmetrical Triangle has tendency of both the downward or upward movement , on the uptrend its considered as long continuation pattern, though the entry point is only after the confirmation of the breakout. Potential Target Zones are found...
Eurgbp at a price channel in 15 minute time frame after making an impulse move on the upside then making a correction. Which one will break first?