Clues: Trendline breakthrough, 50 ema crosses the 200, tweezer bottoms on weekly TF, W formation. We are at level 1 expecting level 2 to form this week. Look out the news for GBP this week! Note: Please do YOUR OWN analysis before you enter any trade! Good luck fellow traders ...!!
On the Weekly RSI , you can see a formation has been resolved to the upside and the RSI line tested the formation and became support. And on the RSI , the MA and EMA of it have a positive slope. So far So good. This formation is on CME and Spot at the same time. On the other hand on Moving Average perspective the lower periods are on top of higher...
Hello Everyone, Here we have very well pennant pattern sample on #USDCHF. If price breaks to the upside of pattern, we can look forward for long position, If breaks reversely then short position is also possible with nice rewards. On Daily Chart , trend is up, so mostly we will see the pennant broken out through upside, according to the normal behavior. After...
Euraud is going to break this formation to upside. Target is set to strong resistance. Hit the like button if you find it helpful and informative and follow to catch every wave correctly.
What is a "Head and Shoulders"? The head and shoulders model is a figure in the technical analysis that looks like a baseline with three peaks, the outer two are close in height and the middle is the highest. In the technical analysis, the model describes a specific formation that predicts the reversal of the trend from bullish to bearish. The head and shoulders...
I haven't seen anyone else post it so thought I'd give it a go, the rising wedge pattern is a common formation in bear markets, the closer price moves within the formation to the apex point, the more likely a breakdown will occur and we are close this point as seen in the chart... We have been respecting this pattern really since the start of the rally which...
USOIL is trading in a broadening pattern. It just tested the support zone. If it is able to hold the support then it is likely headed for the top of the pattern. All bets off if the pattern is broken downwards. Disclaimer: Not a recommendation to buy or sell. Long term chart is also posted here.
Evening Traders! Today’s technical analysis will focus on REPBTC, in a valid broadening wedge formation with a failed partial raise at structural resistance. Points to consider, - Trend bearish – consecutive lower highs - Structural resistance being tested - 200 MA – local support - RSI trading in a channel - Stochastics in upper regions - Irregular...
Hello everybody! Today I stumbled over the ETC/USD chart and saw this lovely Ascending Broadening Channel with an Ascending Channel Inside. It looks like an easy profit if the market continues upwards for a few days more as minimum. Bitcoin SV/USD just broke its formation strongly yesterday and it looks like DASH/USD could break its formation today. The...
UCAD is forming a rising wedge reversal pattern. Price is starting to slow down which gives us an indication that we may soon reverse. Based on previous reversals for this pair it typically makes multiple rejections at resistance before finally falling. This looks like a really good opportunity next week. If resistance holds we will take a short position. I am not...
Thank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish As seen in the chart, the Year-Line, Half-Year-Line, and Month-Line are moving in bullish formation, while the price is currently in triangle consolidation above key fibonacci level of the long term trend. Entry: 1.21 Stop-loss: 1.15 1st Target: 1.43 2nd Target: ...
FTV has quickly developed a bottom formation even while High Frequency Traders attempt to run the stock down further. Hidden Dark Pool Quiet Accumulation is moving price upward.
USDJPY is going to break this formation as the wave formation is completed. its going for the trendline below.
Three black crows candle formation. More continuous downside is coming. it will make more corrective and sell patterns. we should not buy this now against the trend.
This is how Sia will play out until BTC halving in late April (notice i say late April?-Why?, well b/c that is when this will spike, we think ;) -"ATBT2Y" What does this mean? First to comment on your opinion for Sia, and correctly gues the 6 digit acrynom, with video or chart stating the next few months of SC and reasons why, on above acrynom gets a crypto...
DOW returned to the listed companies, and it is completing its new IPO bottoming formation with a strong Uptrend.
TWLO is forming a short-term Rounding Top Formation with support nearby. There is some Dark Pool Quiet Rotation™ that is increasing the rounding action on this chart.