Trendchange
Live Trading GBPJPY Potential Trend ChangeWe have observed a significant development on the daily chart known as a Structural Failure, indicating a potential shift in the trend. The price experienced a notable pullback beginning on Friday, and today, analyzing the daily candles using the 4Bar rule, we have noticed a stronger downward conviction on the 5-minute chart.
If the price remains below the 1DH (1-day high) throughout the day, there is a high likelihood that the downward slide will persist.
We hope you find this information insightful and enjoyable!
TRX/USDT pumping is near?Hi Dears
Do you heard about WOW TRADE strategy?
We have a higher time frame trendline line (weekly). We are near the demand in control zone of higher timeframe. We break the trendline and after that we have a pullback to the trendline, base that cause this breaking or break even zone.
After that the price will be in the moon.
And now we are watching this strategy for trx usdt.
I hope it works properly.
Sincerely
Hosein Poursaei
Spx bull scenarioNew model, new perspective. There is a strong trend line from 2008 unloading our current bull run onto a more sustainable growth trend line. We could run up to retest the more bullish original trend for another 5 years or uncouple and comfortably follow the+10% annual growth trend midline for several years to come. Maybe the recession sentiment is too strong.
The Bitcoin Breakdown of the downtrend. A NEW BULLRUN?The BTC price have been in a downtrend since its peak, early November 2021 at a price high shy of $70,000 US Dollars.
Since, price had decreased 50% plus to a local bottom around $33,000 US Dollars, Late January 2022. Followed by a relief
rally with a peak around $48,000 US Dollars, Late March. For then continue its downtrend to the support area around
the $18,000 US Dollars (that just around the price peak of late 2017). Recently, this month the price made a break of the
downtrend channel form by this price peaks/bottoms since November 2021. This break can be observe around the price of $19,300 US Dollars.
AUDUSD as expected HUGE UPSIDE MOVE!!!As expected price made a lovely rejection from the bottom of this consolidation zone and break out to the upside showing that we could be in for a longer term trend change. Ill be looking for price to make a pullback from the bullish move and look at catching the continuation leg to the upside. Wait for the best risk reward and follow market structure, price more then like always gives you a second chance to get into a trade so always stay patient!!
chfjpy Hi traders.
On Thursday 22 of September, the Price actions violated rapidly the former support.
It has not been checked and my bias has shifted to bearish, 'cause I take into account as a supply area now.
The price action has been performing bullish impulse moves without significant correction.
With positive JPY news, this scenario can be validated even more.
Thank you for your support to the messages! I hope that I help.
Good luck!
Amazon monthly may need reworkingthe long term picture for amazon.com, and really the whole dotcom sector has looked bleak until recently. i would wait to cross above this pivot and trama to turn up before i thought we could continue recovering in technology. id aim for upper horizontals as we cross above levels and lower horizontals as we cross below.
daily trend change back to bear likely bounce seems imminenti think its obvious that the daily trend has changed back to bearish, and the levels ive marked out, upper if we atay over pivot and lower if we remain beneath, are key support and reaistance that remain. i think we ahould revisit TRAMA and SSS levels but not outgain the QQE short entry. fibo time zone 5 is over, and the correction b wave should play outover to 8. rising and falling trendlines are long term resistance and support.
some continuation followed by consolidative move in semissemiconductors are on an upward trajectory,and a sell the news event has marked new highs in 3x leveraged semiconductor bull etf SOXL. as long as we remain in this uptrend the market will have no trouble with a third drive to the upside, but during which i would be looking for signs of exhaustion, as some kind of daily topwick could form around rhe $20 area. if we get movement above this supply zone the chart will look more bullish, but closing the gap and pivoting to an hourly equillibrium in an overbought area rsi. that being said a higher supply could take a day or two so as long as sundays numbers are positive or negligible loss nq1! semiconductors should find a local extreme to the highs early or mid next week and consolidate. upper horizontals are stiff resistance, and lower horizontals are areas to be explored for short candidacy.