After yesterdays choopy movement, GBPUSD may continue its downwards journey. (orange line)- ideally when trendline breaks, its starting point is the target but this is very unlikly situation here and anyway it is not our main concern as of now. cuurently on 4H we can see huge bearish candle and i am expecting a same behaviour in next 4H candle. i will look for...
I am expecting a bullish move in GBPUSD on 4hr. support trendline is strong and multiple touches also there is support coming at the same level. I will be looking for long after this candle close on 4hr, that is 2.30 pm IST. you can use your entry model and risk management. This is not financial advice.
Hey Friends, Hope you are doing well. Today we will be looking at the Cardano coin on 4hr TF. Currently, ADA is in traingle heading towards a lower trendline. if today's meeting is to be considered market may see some dump. but technical wise ADAis in a triangle and 3 touches are confirmed to the upper trendline. try to trade this triangle...
Hi guys.. I hope you are doing well. Today I am going to share a fundamental and most common pattern that you can see on mostly 15min TF. Check the chart and trendline. These patterns always result or 90% results in a quick scalp. But trade this pattern only on support or confirmation of support. I hope you like this idea. happy trading NOTE: NOTE: I ma not a...
Hello Friends, Hope you doing well. Today we will see BTCDOM 4hr analysis. I think alts might bleed heavily in the coming week due to 2 reasons 1.FOMC/FED meeting on 27th July. 2.BTCDOM is creating double bottom pattern in 4hr time frame, there is minor resistance for btcdom at 42.97% - 43.10% level. Possible Scenarios: if btcdom plays put w or double bottom...
Hey friends, BTC has formed a downtrend channel after reaching a month high. Also, the price confirmed 2 touches on both trendlines of the channel. I think BTC will drop to the 21740 level where the downtrend channel line is also at and 200 EMA is also present. 2 possible scenarios, if the price stays in a channel or provides support at 200 EMA then we open a...