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MKRUSDTHello dear friends Due to the negative divergence of the RSI in the daily time frame, the possibility of completing the bullish wedge pattern at the end of the uptrend has been strengthened. 🔍 If the range of $719 is completely consumed, the possibility of reaction to the range of $806 will be strengthened and we can expect the continuation of the downward trend to the range of $605 and $536. ❗️❗️❗️ Note that if the $932 resistance range is completely consumed, the above view will expire. We would be happy to hear your comments
Short
by FiboTech
8
BTCUSDTHello my dear friends Looking closer at Bitcoin, the four-hour timeframe We have an ascending wedge pattern at the end of the uptrend, which is accompanied by a negative divergence. But the support area of $22,213 has not been fully consumed, due to the fact that this area is not consumed, there is a possibility that the increasing trend will continue to higher areas. But if the range of $22,213 is consumed, our wedge pattern is valid and we can expect the formation of a downward trend similar to the drawn scenario. We would be happy to hear your opinion.
Short
by FiboTech
4
FTMUSDTHello dear friends In the daily time frame, by reaching the resistance range of $0.5312, a Cypher harmonic pattern has been formed. A negative divergence of the RSI is not associated with this harmonic. If the support range of $0.35 is completely consumed, the possibility of continuing the downward trend to the price area of $0.2424 can be considered. Until the $0.5312 range is fully consumed, we have no intention of forming an uptrend in the medium term. In the four-hour time frame, the RSI indicator has issued a negative divergence compared to the previous price ceiling. We would be happy to hear your comments
Short
by FiboTech
2
Retested our Order Block and is selling off, is this it ?If you have been monitoring EURCAD and this profile since last week friday i published this idea, you will observe that price really has been stalling by consolidating it's life and i still am controlling myself because it can be very annoying when you have seen exactly what price wishes to do yet it's stuck. After yesterday's buy to our original entry point {after profiting off of it's ranging phase which it still is in, more than 4 times}, it retested our OB and started selling off right after. What should we expect from price from now till next week ? We definitely will see. and note that price hasn't even begin to think of violating our stops !.
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by LaBOSS_FX
EURGBP - Trade SetupHello Dear Fellows , how are you , hows going your trading , in todays Trading Session i am not much expecting from any pair , or you can say i am not feeling confident as Currency Pairs are not align yet properly , I chose EURGBP pair for todays trading session as it has room to move further downside and it has good Risk Reward too , Anyways , Trade with Strict Risk Management do not excited ever ! Best Of Luck ! ( i Keep Updating Trade idea whether its going good or not , so keep your eyes on updates if you are following this idea )
Short
by iTradeForexZH
2