Here I have USOIL on the 4Hr Chart!
The beginning of this week seen what was a Fake-Out of the Bearish Break of this Bullish Channel!
Now typically in this case, a Bullish Channel preceded by a Strong Downtrend move signals a Trend Continuation pattern in the potential form of a Bear Flag!
With this possible trade idea, my expectation is that we look for a...
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Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price bounced from resistance level, which coincided with resistance area, and fell to $2020 support level.
Also, XAU started to trades in flat, where it even made fake breakout of $2020 level, and then made upward impulse.
After upward impulse, Gold...
We're still in the middle of this fall oput from the descending Triangle
The Price Target for that Decscending Triangle Landing on the 200 day moving average seems to be to coincidental to not play out. With technical analysis i like to see my indicators and charting patterns play into each other so i feel i'm reading a story and right now btc say's the bulls are...
Here I have USD/CAD on the 1 HR Chart!
Price has outlined a very clear Double Bottom pattern with the two Lows!
RSI is giving us a Bullish Divergence which tells me price really wants to work higher from this point!
Price has now broken the Confirmation of Pattern!
With this PA of now Higher Highs, we look for the next Low to be Higher than the Low of the...
In this recap I cover a short position I took on EURNZD with key details regarding the lower timeframes, followed by two missed positions. CADJPY has given me some direction on potentially a new entry I can include in my trading plan, whilst USDJPY I chose to stay out of due to high impact news. Double digit returns again in just one week, stay switched on guys!!
COINBASE:ETHUSD
A long term look at ETH.
Are we repeating patterns in time and price?
After the 2018 top and 90+% drop there was a 382 rally which we have had from this recent low but this time we have hit it twice. There is also an ABCD pattern higher at 2200.
If we look at time now. From the 2018 high to the 2021 high there are about 1400 days, so if we...
I can Clearly See this Entire Market is Turning Around and I'm really Excited for it. It Looks like we've bottomed out at least for a little bit, hopefully they've shaken enough people of their bag to let the market continue to expand!!
FXOPEN:XAUUSD had a break yesterday but didn't quite get to the targeted Sell area. Now we look for more downside and a Target of 2k to complete the ABCD pattern down.
The other option is a rally from here up towards 2050 to tie in with one more move to the downside for the DXY. Plenty to watch for today.
Enjoy the day.
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
When price entered to rising channel, it in a short time reached $1975 level, which coincided with support area and broke it.
Then Gold made retest and after this it made impulse up to resistance line of channel, but soon made little correction.
After correction,...
Here I have the USD/CHF on the 1Hr Chart.
Price action has outlined what looks to be a possible strong reversal pattern, the Double Bottom!
Price has given us two Lows with the most current being a Higher Low. Now I expect with price reaching back up to Confirmation of Pattern @ .8451, we should be given a Break of Confirmation for price to begin creating Higher...
Here I have EUR/JPY on the Daily Chart!
Ever since price made its High on Nov' 15th, it has been in a decline.
With current Price Action making a series of Higher Lows into Higher Highs all while the RSI is below 50 leads me to believe we are looking at a very convincing continuation pattern called a Bear Flag!!
With the Bear Flag, we suspect Price will give us...
Here I have GBP/JPY on the 4Hr Chart!!
Price has given us 2 Lows both returning to a very clear Resistance Area! This price action could possibly be outlining a very strong reversal known as an Inverted Head & Shoulders Chart Pattern!!
Now with the Lower Low or "Head" being followed by Higher Low or "Right Shoulder", this Price Action signifies that price no...
BINANCE:BTCUSDT.P The 12-hour chart is showing a prominent bearish double top pattern(M), and a break below the trend line is likely to lead to a drop in the $41,000 to $40,500 range. Currently the price is above the trendline and we will see what happens in the future!✨
BINANCE:BIGTIMEUSDT.P Observing the chart, it is evident that BIGTIME has undergone a distinct breakout on the 4-hour chart trendline, signaling a strong bullish momentum. This breakout aligns well with the overall bullish sentiment in the market, adding further support to the optimistic outlook for BIGTIME. Anticipating the continuation of this bullish trend, we...
BINANCE:GASUSDT.P The breakout from resistance in the GAS chart is evident, signaling a favorable moment to enter a long trade.
#GAS/USDT LONG SCALP
Entries: $7.196
Take profit 1: $7.308
Take profit 2: $7.518
Take profit 3: $7.918
Stop Loss: $6.543
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and...
The chart clearly indicates that RUNE has broken out of its resistance. Now is an opportune moment to initiate a long trade.
#POLYX/USDT LONG SCALP 🍀
Leverage: 3x
Entries: $5.940
Take profit 1: $6.291
Take profit 2: $6.850
Take profit 3: $7.205
Stop Loss: $5.353
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by...
