BTCUSD has been respecting a daily trendline and s/r zones. I expect a retest of this current support and a bounce up to grab liquidity above the previous ath. Possible big drop after liquidity is taken or continuation high.
This pair loves ranges and plays around S/R a lot. You can read notes for further understanding. Waiting to break that trendline to see if price wants to get back up again. If it does, then that straight white line is where price reacted so many times and where i think is safe to TP. if it doesn't, i will wait for a break of support, a retest and entry. Or a...
Huge uptrend still strong. Bull flag forming in the 4h TF. I scalped intraday. But swing position should be at the touch of the trendline+bull flag trendline. You can add more on the breakout of the bull flag.
In my opinion Gold will keep going up, but i'm looking for a retrace in the area 1847/1845 ( fib golden zone ). Target 1 is a previous BOS in the daily at 1890 and Target 2 is the order block at 1972/1975 area.
Gold looking to go down again to a weekly level, forming a head and shoulders pattern. 1 TP the green level , TP 2 the lows.
We already saw how brutal is the bearish market on BTC. It looks like is happening again in this new bear cycle. Also fundamentals are all against BTC latest one the Russia news. Bulls, be careful.
Managed to get a nice entry as you can see on the chart but missed the reversal at the triple bottom. Interesting to see if the strong white trendline breaks, if yes then I see this pair to go around 0.86. 1:10 RR looks good. You can have a safe entry if breaks the white trendline, then maybe wait for a pullback to the trendline and look on lower timeframe (30m...
Negative NFP for USD didn't make USD pairs go the other way because US economy is very strong and DXY will raise soon. NZDUSD looks very berish on weekly and I found and entry Friday on the 1h. What I see is a bounce from 0.67200 area where there is a daily resistance/support, then back to the yellow line where there was a previous support ( which you can use to...
Dogecoin is moving and holding above 0.60. 0.57 was a resistance that became now support. Bullish flag is now broken and it's retesting it, looking for Target 0.75$ before 1$. Between today and tomorrow we could see a lot of volatility due the Elon Musk comparison in SNL May 8th.
Technicals showing how the price is trading inside the red triangle on the daily, we can call the today's candle Elon Musk candle that kissed perfectly the triangle and went down again but it's now above the usual range of 0.22 and 0.28 that we saw for the last week. If price holds above 0.29 we can wait the next catalyst from Musk on the May 8th where he will be...
Dogecoin finds a good support level on the 0.28/ 0.30 cents area ( blu line) Broke the resistance resistance yellow line a couple of times in lower TF like the 15m. Dogecoin could continue this triangle ( in red ) for the 4h TF no major moves before then and could just trade between 0.40 and 0.30 till the break of the triangle targeting the ATH.
We broken the major trendline and the triangle in the 1h TF after the price been ranging around 0.28 and 0.24 level. Looking to retest the ATH soon
Very nice downtrend on gold, now following the descending wedge on the 1h TF, looking now to break down below 1705 level Closed position 1000pips in profit from 1805 to 1705 to secure profits yesterday and re shorted again around 1725 waiting for target 1685.