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NZDUSD SHORT we can see price has broken the 4h trend line and the minor support with a big bearish momentum candle and has respected the 4h key support and will probably make a correction to retest the previous broken support so what do we see? broken trendline and structure Big bear momentum THE SELLERS ARE HERE area of confluences price has respected the previous broken trend line and resistance creating a double top M formation the HH levels on the way up to retest also shows bearish divergence \ waiting for price to make a LL to enter a short with big bear candle we can also lay out our fib levels to see where that correction can come to
Short
by MaxSeal
1
Rise and Shine ...Hey Guys ... As you can noticed i predicted about *1 month ago* that it break this level and even go up more than that , but i want to mention that according to break these very strong levels, i am pretty sure it is a strong support and we will be up until finish the other level that i showed in the others my idea . If you like my ideas , please support them until i can publish more. Thank you so much for your attention and also your time . Have Fun
by Trading1234HarmonicElliotWave
2h TO TRADE - VERY STRONG SUPPORT TO WATCH OUT - TN1! - 30MNThank you for your likes and shares! Much appreciated! _________________________________________________ The market has shown amazing entry point for a long trade down. The formation of a large wick followed by volumes later on gave us very profitable trades today. The support line is very strong and the market failed to break it . This is it for today! Another tentative might come in the next 2H but for the moment any entry done will be in the long direction. The probability of seeing the market rebounding on the support trend line being very high. Trade from Monday and keep an eye in this strong support line.
CBOT:TN1!Long
by Diallo_Charts_Ideas
Bitcoin Broke Major Resistance Barrier - Is this Just a Wick?Bitcoin, Bitcoin, Bitcoin - Looks like you've just broken some some pretty strong resistance there. Right? Maybe, maybe not... A quick glance at the chart reveals a very interesting and significant point to make, BTC is poking it's head out above the top weekly resistance line! This looks superb, the move we've been waiting for, said to happen on or around this Halving, and here we go! Well, we're not 100% convinced, Bitcoin might be about to lose it's proverbial head. When trading S/R triangles like this one, many times the price will breakout before the "end" of the triangle, and this could be what is happening right now, it's broken resistance, will hesitate while support regroups, then it's off to $20,000+ (with a few stops along the way, of course!) But maybe we should take a look at the Halving previous to this one: You can see that although there was a bump in price movement around the halving, it consolidated quickly and fell back to roughly pre-halving price for nearly 6 months! That's a long time! Even after it broke out of this range it grew slowly, taking another 3-5 months before the "Bull run" really started gaining pace. This is significant. Going back to our main chart, there's a pretty big trading area available Below our current price, and within the S/R triangle, we can't help but feel there's one or maybe two more squeezes downward before things really start to get going nearer the end of 2020. - What we are currently experiencing, might just be a wick on the Weekly chart, bear that in mind! Good Luck & Happy Trading theCrypster
KRAKEN:BTCUSD
by theCrypster
Where is BTC Going After that Surge?Hey all - That was quite a dramatic last few days, luckily we had Long positions both on our Daily Tipster and Intra-Day Scalper! Plenty of green for us with Bitcoin, Ethereum, Litecoin and ETC! (We missed DASH - but it hasn't gained as much anyway!) So let's look at the King of Crypto, Bitcoin, where's it heading now? Carry on up to $9800, $10,400? Or back down to $8000 as if nothing has happened! Is this the start of the Bull Run we've been waiting for? Or simply reverting to mean after the big drop experienced at the start of March? The gains could also be an Organized FOMO Rally by big players, tempting smaller traders in using the Halving as a catalyst/panacea to their trading needs; only to wipe them out with a big drop due to over-extension and not enough genuine support. Who knows? We can all speculate about where the price is heading next, we still believe we're on for $11-12,000 by the halving in early-mid May, and given what's happened in the last 48 hours - we're getting closer! From here, we can see the price of BTC tickling $9,000 for a good few hours, maybe even a day or so. From there we'll be looking at a quick rise to $9800 - or a sharp fall to $8200. We're just not sure... what do you think? Good Luck & Happy Trading -theCrypster
KRAKEN:BTCUSD
by theCrypster
Things are looking Bullish!There's an awful lot of hype surrounding the world of Crypto the past few days, where's it all heading? We've had a few good trades recently - not excellent, but profit is profit! The markets are almost all at a critical point right now, just tickling a new range, a break upward into these areas we think would signify the start of the Bull run that we've all been anticipating! Give it a day or two, there may a small decline of 3%-5% in these coming days (so the banks can remove some early long positions and take some profit themselves!), after that, we forecast an upward trend all the way to and through the forthcoming Bitcoin halving; taking the alt-coin market up with it. We would not be surprised if BTCUSD was at $12,000 within a few weeks, seems like a lot of gains in not much time, would you be surprised? Good Luck & Happy Trading -theCrypster
KRAKEN:BTCUSDLong
by theCrypster