Hello All! By taking a wider view point, we can see that BTC has cleanly completed a 5 point Impulse Wave up from COV-Crash lows, meaning that we can keep our eyes peeled for a corrective wave to Short on. Targets are taken to enter at Donchian break lows on 3H timeframe, or the risk-takers may try to add shorts at 7.5-7.7K range. SL target is the current recent...
Btc is making it self ready for the next bullish run, the analysis is different from all other midterm bitcoin phases so I'm very curious how big this move will be. The new run will start in 3-10 days from now.
As summer approaches, the strength of the covid-19 is likely to weaken as heat kills it. In addition, the price is too low and producer countries will eventually be forced to reduce barrel production.
Please check my video with the analysis. I am looking for opening a long position with the trend. If you like my video please like it and subscribe :)
The Setup: The price has retested the 61.8% fib retracement level. RSI is above 50 MACD crossed below and above the signal line There is a trend line break of the triangle (flag correction pattern) So we are ready to enter the trade at current market price with the following parameters: Entry: 17.70 $ Stop Loss: 17.40 $ Profit Target: 18.84 $ (the...
Gold has from the Start of the year more or less floated between 1545 and 1590, the 2013 ghost went long to a short setup during this time, in reality gold just ranged straight through, this gives us an area to look at in the short term, I cannot see what can stop it now making its way through 1600, with only 1582in its sights. At 1611, gold may either retrace to...
After seeing a rise in the price of 1600$ (23%) in 6 days, can we simply assume that Bulls wons and that we only long from here? Well not exactly, it's the 4th time that we get massively rejected on the top of the trend line , this means that bulls are far from winning at the current moment, in fact now bears could get an advantage.. Why? - Over 300$...
AUD/USD 1hr I think it is two way to up. If AUD is stronger from last week. We can update for 3 days next.
********** HAPPY NEW YEAR ************* This chart is set in 1Hr and entry is at 1.89197 the target is 6000 point (1.95197). You can leave the process at any point numbers. If the market is happy maybe target touch after 3 days. Please see my other ideas and results. What do you think about this?
High growth ability simply. BUY: 13-14 SELL: TARGET 1 : 16 = 12% TARGET 2 : 18 = 22% TARGET 3 : 19 = 35% STOPLOSS: 11
The correction seeing on USDJPY could let prices fall a tad lower, providing a better structure for minor A. This should be followed by a "three" correction, where minor B is going to offer some buying opportunities in the short-term before sliding lower towards the golden Fibonacci retracement level of 106.67. Better remain patient for minor B to...
GOLD/USD I think Gold change in the next week by fundamental but for now, it is the best option. It all comes down to how traders respond to the retracement zone at $1512.40 to $1526.40. Holding inside the zone will indicate a neutral to upside bias. Overtaking and sustaining a rally over the upper or Fibonacci level at $1526.40 will signal the buying is...
Hi guys, I have plotted a fib retracement from around the 17th November (high) to 18th December (low) and you can clearly see some vital rejections, support levels and wickfishing i.e. bull traps or bear traps - with the long wicks... with daily candle closures failing to close above or below the fib levels. Currently, BTC on the daily is looking like it has...
Hello to investors, As we can see in this analysis , ETH can repeat the yellow small rectangle area again, Of course i killed myself to fit the smaller pattern for making it bigger ,But still it's nice to see that. In this months longers are celebrating & sellers are crying .... as usual Don't forget that ,Market knows when it should shake out the weak...
#EURUSD midterm strong sell there are some channels , some trend lines and resistance and a high level divergence on 15m chart on MACD Sell @ 1.10885 SL 1.11085 TP1 1.10300 TP2 1.10150 Use 10% Money Management BY : Mohammad Reza Ebrahimi Moghaddam #B_W_I_X #FOREX #IRAN