Simple set up ,broke previous 1st weekly and daily structure to the upside and keeps holding above it so right now after creating a new high price has retested the top of that broken structure so in roder to go long i will monitor this daily candle and see if we can get a daily clsoe above the Mp fib 26160
is on a strong bullish momentum that started last week but right now im looking for a possible long position at th end of a daily pullback that might be at the 126.15 area where the followin confirmations lines up: 1.Desceding TL 2.Mp and AT fibs 2x 61% 3.End of a 3rd wave correction if price get rejected and close above the mentioned level
This pair still respecting the ascending TL in the daily tiemframe creating HH but been unnable to break thru the 148.00 area but right after that retest to the ascending TL adn break the CTL in the lower tiemframes i woudl expect a rise to the top of the wedge pattern and previous exaustation point at 146.50 and the following confirmations is what is making me...
After a logn bearish run in the higer timeframes finalyl we can see a bullish move on soem coins ,so right now i would like to try to go long as a very interesting set up is been presented here with some nice confirmations to aim for a 11% to 15% and those are : 1.Broke the major descendign weekly TL 2.Created a new high in the lower tiemframes 3.closed abvoe...
Price broke the monthly PRZ and previous high so im expecting further upside movement atleast to the $5600 area
After price did exactly what i explained on last week analisys,rejecting and closing above $4900 on the daily tiemframe respectign the monthly PRZ and the 78% fib and reached $5300 as expected,so right now we coudl see a possible continuation of this new formed uptrend to the $5600 area but it need to break and close abvoe $5400 in the hoger tiemframes but before...
Price broke the long term range where price has been moving for the last months and thsi week price finally broke that range high andclosed above it ,so right now his coin looks very interesting ,right now i would wait for for a pullback to golong and aim for a 5% or 7% and this entry would be at the end of the pullback at the $170 area and see how low tiemframes...
After a long range and wedge formed since december until it finally exploted last week closing above the previosu daily high,so right now we got the following confirmations to expect further upside movement: 1. Wedge pattern broke to the upside 2. New HH formed in the higer timeframes 3. closed above the MP & AT fib 4. Broke out after a Elliot compeltion 5. 1st...
Price have reached the top of a strong weekly range at the 0.7130 area ,i woudl say this is a critical area for this pair since it has been already 3 touches where price hasnt been able to to break and clsoe above indicazting a strong psychological level for sellers,so right now im waiting patiently for the following confirmations to go long or go short and thsoe...
BAsed on yesterday analisys we can add an extra low timeframe confirmations to the already formed daily set up so what we got here in the 2h tiemframe is: 1. 2h channel formed and respected 2. holding right above previosu structure 3. 4th Elliot formation 4.Possible candle formation
Since faield to retest the broken bullish trend to continue its dowside move and broke to the upside again ,here we can find a interesting multi timeframe channel that might provide a godo set up once the proper criteria is met until then my bias is neutral,in order to go long i would liek to see a break and close above the MP fib at 1.8600 but my favorite set up...
Another JPy showing strong bullish momentum where must of them have broken previosu structures and this one aint no exception,we got here soem nice confirmations to think about a possible upside move atleast to the 126.00 if the right criteria is met ,those confirmations are: 1.Double bottom formation (124.00) area 2.3rd daily wave already formed 3.Broke...
Overall trend for this pair is bullish since price still inside and respectign perfectly a weekly ascendign channel where it creates intraday channels and waves and right now we holdin right after a 4th wave was formed and price is holdin on a key level where confirmations lines up : 1. 3rd touch to the intraday descendign channel 2. 38% MP that lines up...
GBPJPY BULLISH BREAKOUT Very good and interesting set up presented here in the higher and lower timeframes with over 4 confirmatiosn that let us know that price could possibly continue its bullish momentum and those confirmations are : 1. Price broke and close abvoe the daily timeframe 2.broke and close above the MP fib level that was working as a strong...
This pair is on a critical area right now where a lot conditions could say that price will drop,we got a 3rd touch to the descending daily TL,MP fib with 38% and 50% that lines up with a 4h ichimoku,so right now i woudl wait till we get a clsoe in the lower timeframes below 145.70 to go short or above 146.50 to go long
Another JPY o na strogn bullish momentum and this pair right now is testing the top of the formed TL,so right now i would like to take a long position i want to see if tomorrow we can get a daily close above the previous high at 79.40
Looking at thsi index in the major timeframes i coudl fidn a very nice set up forming on the weekly and daily tiemframe where price has been creating a typical break adn retest of a broken ascending TL and structure adn 3rd weekly impulse meaning a possible revesal and new downtrend formation so in order to confiorm this i have marked to critical rejections zones...
Last week ended on a strong decline for this pair breaking the ascendign daily/4h Tl and also giving us a daily clsoe below the previosu ascendign structure wich is a strong level t oconsider as a trend changer if price close below it ,right now is holdin perfectly off the Mp fib at 0.7215 so i would liek to see another daily clsoe below thsi area to confirm a...