EJ is currently ranging like crazy right now EJ's price bounced off of resistance and created a bearish engulfing candle before markets closed Expecting EJ to go back down to the previous 2 supports which we can use as our TP 1 and TP 2 Use R:R according to your own trading plan!
GJ is currently consolidating on the 1 H Time Frame. As such we'll be trading the consolidation from resistance to support. Before markets closed, GJ created a bearish candle that closed as a engulfing bearish candle, supporting the idea that price respected the consolidation zone and has respected the resistance zone also. We are now expecting price to hit the...
What do you think on this upcoming breakout of this bullish penant pattern?
Price is currently consolidating on the 1 H TF. However, price has settled with a really strong foundation for support. Expecting a bullish engulfing movement to 1757.
G-J is looking really bullish as it has a strong support formed previous to current price action Going for a 1:1 R:R here.
Price previously broke the momentous bearish trend that it built over the past two days. Price also broke a previous resistance zone which held pretty tight till it broke down. I am now expecting price to reach 1752 and beyond as it was also once a major key level of resistance on the 4 hour time frame. If you have any tips and advice for my chart analysis please...
Could potentially see price drop down to a previous support area and head back up towards the 1724-38 area and beyond towards the daily resistance level
BTC is currently in a bearish channel heading down to 50k. BTC has hit resistance and has retested and proceeded with a bearish engulfing candle on the 4 hour TF. Use correct R:R !
Price is currently in consolidation. Once price breaks consolidation, expect price to rise to the next level of resistance (previous p/a). Predicting price will hit the weekly support once more and depending on news, we may even see price break that weekly resistance. If price doesn't break, expect price to slowly return down to the support level once again.
Broken out of consolidation. Major Support formed prior to price breaking the consolidation. Use correct R:R.
Long position set up - XAU price has hit a previous support and is now acting as a minor resistance till price falls back down to the support it built prior to market closing. I'm guessing price is gonna fall down again to previous support and spike up towards the 1760 region and even higher towards the major resistance on the daily time frame. Stop loss should be...
Head and Shoulder forming on 1H TF, expecting a break of price down below however if it holds the level of the shoulders, expect price to gradually go back up.