EURGBP, Sell on H4. H4: - Structure: Sideways - Tendency: Downward - Test resistance and closed below - MACD: Downward => Sell
XAUUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Candle: bearish - Breakout trendline - MACD: Down => Sell
H4: - Structure: Downtrend - Tendency: Downward - Candle: bearish - Breakout trendline - MACD: Down => Sell
BTCUSD looks super bearish for now after dropping off the trendline and closing below the important MAs. I think it comes to the point that people will jump off this ship and wait for a better time to come back for shopping with much discounted price.
BTCUSD looks super bearish for now after dropping off the trendline and closing below the important MAs. I think it comes to the point that people will jump off this ship and wait for a better time to come back for shopping with much discounted price.
Hi all, BTCUSD, made a nice bounce again from the trendline. It seems people start buying the dip. However, - The momentum is not so strong from the last swing high - We have divergence showing clearly on this momentum lost - We have nice bearish candle yesterday So we have all the nice bias for Bear more than Bull in this case. - If we do conservative approach,...
Hi all, BTCUSD , made a nice bounce again from the trendline. It seems people start buying the dip. However, - The momentum is not so strong from the last swing high - We have divergence showing clearly on this momentum lost - We have nice bearish candle yesterday So we have all the nice bias for Bear more than Bull in this case. - If we do conservative...
GBPJPY, Sell On H1. H1: - Structure: Change of trend-> Downtrend forming on H1 - Tendency: Downward - Below resistance and EMA => Sell
GBPJPY, Sell On H1. H1: - Structure: Change of trend-> Downtrend forming on H1 - Tendency: Downward - Below resistance and EMA => Sell
CHFJPY, Sell on H4. H4: - Structure: Sideways - Tendency: Upward - Test resistance - Candle: Bearish candle and closed below resistance - MACD: Down => Sell
CHFJPY, Sell on H4. H4: - Structure: Sideways - Tendency: Upward - Test resistance - Candle: Bearish candle and closed below resistance - MACD: Down => Sell
XAUUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Candle: bearish - MACD: Down => Sell
XAUUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Candle: bearish - MACD: Down => Sell
Reversal candles ( Basic)! 1. Double Bar Low Higher Close ( DBLHC) The DBLHC pattern consists of two candles. The Lows of both candles need to be very close (within few pips). The Close of the 2nd bar need to be Higher than the previous bar's high. 2. Double High Lower Close (DBHLC) The DBHLC pattern consists of two candles. The Highs of both candles need to be...
Reversal candles ( Basic)! 1. Double Bar Low Higher Close ( DBLHC) The DBLHC pattern consists of two candles. The Lows of both candles need to be very close (within few pips). The Close of the 2nd bar need to be Higher than the previous bar's high. 2. Double High Lower Close (DBHLC) The DBHLC pattern consists of two candles. The Highs of both candles need to be...
10 chart patterns every trader needs to know! - Best chart patterns 1. Head and shoulders 2. Double top 3. Double bottom 4. Rounding bottom 5. Cup and handle 6. Wedges 7. Pennant or flags 8. Ascending triangle 9. Descending triangle 10. Symmetrical triangle
10 chart patterns every trader needs to know! - Best chart patterns 1. Head and shoulders 2. Double top 3. Double bottom 4. Rounding bottom 5. Cup and handle 6. Wedges 7. Pennant or flags 8. Ascending triangle 9. Descending triangle 10. Symmetrical triangle
Sideways Trend - Definition A sideways trend comprises a series of price swings existing within the range of a significant upper resistance area and a significant lower support area . The range support and resistance boundaries (range lower and upper boundaries) may be formed from either higher timeframe S/R and/or significant trading timeframe swing highs or...