H4 - Price has broken below a strong support zone which currently acts as a strong resistance zone after the breakout. Lower lows. No opposite signs. Until this strong resistance zone holds I expect the price to move lower further after pullbacks.
D1 - Price has reached a strong resistance zone. Bearish divergence. H1 - Bearish divergence. Lower lows. Until the strong resistance zone holds my short term view remains bearish here.
Price created a higher high on the Daily timeframe. On the 1h timeframe price broker a higher low structure and is heading back down to create a proper higher low on the Daily timeframe. We are selling this pullback for an approximate 1:5RR and then looking to buy near 135.500 area
D1 - Strong bearish move. Currently it looks like a correction is happening. Bearish hidden divergence. H1 - Bearish divergence. Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further in the short term.
BTCUSD Price Action PULLBACK to Head & Shoulder's neckline accomplished. Real correction expected. Lower low expected. Fisher Transform oscillator's confluences/divergences in Fibonacci ratios time frames (daily candlesticks) Technical Analysis - ATH-2ndTop'swing = 100% Fibonacci; - 2ndTop-3thTop'swing = 88.6% Fibonacci; - strong divergence till 10 Nov ’21...
This looked like a nice setup to short the pullback, even though the last leg was a bit too strong, I took it.
I think the FX:EURUSD break the Channel and 'pullBack' to that and is read to get Short .
Let's be realistic here, the market for ADA is quite extended right now so expect a pullback then a bounce off to the upside. This is looking very bullish especially with the smart contract on the side so expect to break the all-time high. The RSI is above 80 so look out for the prices to either stay stable or correct itself to around the $1.9 level. I still...
Purple Line = Daily SNR/Trendline Red Line = 4 Hour SNR/Trendline Orange = 1 Hour SNR/Trendline If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This...
Bitcoin needs a healthy pullback around 15K
we'll waiting for pull back on the broken channel ichimoku and static resistance will support us good luck ;)
On daily time-frame bank nifty Showing potential pullback probability. NSE:BANKNIFTY Conformations :- Fibonacci Retracement Resistance Flag resistance Bearish Engulfing Pattern
I love trading these small pullbacks. We have a clear three drive pattern, watching RSI shows price can't surpass the 67-68 levels. OVERBOUGHT. Sellers stepped in and continue to push price down. Possibly to test that support line I've drawn. Let me know your thoughts on pullbacks. We know this is a small pullback before another potential push to the upside.
After breaking below the ascending trendline, we will now be looking to retest it on a pullback towards the 0.5 Fib level in correspondence to the previous resistance zone.
Info in the charts. lots of bagholders in this. The amount of volume that needs to come in for this to break out would have to overwhelm resistance volume
EURUSD - Shorting opportunity Broke a nice zone and is just putting a re-test of that zone. EUR weakness due to all the Brexit shenanigans. Any questions feel free to ask Ben #PipGainFX
Prices are retesting the resistance with a pullback, I expect a drastic fall.