ThinkingAnts

ThinkingAnts

4H CHART EXPLANATION: Main items we see on the chart are: - Price facing a Resistance zone on a possible Double Top Pattern - Bearish Divergence on MACD Based on this, if price breaks out the Ascending Trend line below 21300.0, we will be looking for short positions towards the Ascending Wedge Pattern at 20000.0, paying attention to the middle support zones...

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4H CHART EXPLANATION - Price bounced from the resistance zone and then broke the Descending Trendline. - Price broke the Bullish Corrective Structure. - Now, it has potential to move up towards the Descending Trendline (129,068), paying attention to the Middle Resistance Zone at 127,546. Updates comming soon! MULTI TIMEFRAME VISION: - Weekly - Daily

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4H CHART EXPLANATION: In 4H timeframe we have two possible scenarios: - Short vision: In case price breaks the Confluence Zone, we will be looking for short trades below 1.56700 towards the Daily Support Zone at 1.53700 - Long vision: as price is currently on a range, we can expect a retest of the resistance zone. In that case, we will be looking for long...

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4H CHART EXPLANATION: - Price is currently on an Ascending Channel. - Reverted from the Resistance zone - Bearish Divergence observed on MACD. We expect a Breakout of the Ascending Channel under the 110.682 level to move towards 108.646. We will be looking for sell setups on the mentioned area, paying atention to 109.871 middle support zone. Updates...

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4H CHART EXPLANATION - Price bounced from the top of the Weekly Descending Trendline and then broke the Ascending one. - Bearish Divergence on MACD. - Potential movement towards 0,30165. We are looking for sell setups in lower timeframes. Updates comming soon! MULTI TIMEFRAME VISION: - Weekly - Daily

ThinkingAnts

4H CHART EXPLANATION: The main Items are: -12345 Elliot Count completed -Bearish Divergence on MACD between wave 3 and 5 -Bearish Flag Pattern Based on this, if price Breaks out the Bearish Flag Pattern and the Ascending Trend line at 5.140, we expect Down movement towards the support zone at 4.5500,0 paying atenttion to the middle support zone at...

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4H CHART EXPLANATION: As we explained on the previous charts, we are looking for short opportunities. In 4H timeframe, we can see: - Bearish MACD Divergence - Actually doing a Bearish Flag Pattern bouncing on the Resistance Zone - If the structure is broken, the down movement will be confirmed below 75.100, so, we will be looking for Short Setups towards...

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1H CHART EXPLANATION: - After the Break out of the Ascending Trend Line with a previous Bull Trap, Price is on a Pennant Continuation Pattern. - We will be waiting for a retest of the Minor Resistance zone (top of the Pennant Pattern) and then for a Break out of the structure, looking for a down movement towards 4859.8 to close our position. - For the full...

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4H CHART EXPLANATION - Price is currently on an Ascending Channel and, after bouncing on the bottom of it, theres potential to move towards the top. - Price is above the previous resistance, trying to mark new max. It is currently in a Bullish Corrective Structure to continue the up move. - If price breaks 3457, the target prices are determined by Fibonacci...

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4H CHART EXPLANATION: At 4H Chart we see a potential Bearish Movement due to: - Price bounced from the Resistance Zone and broke the Ascending Trendline - It is currently doing a Bearish Corrective Structure to continue the down movement We will be looking for Short Opportunities if price breaks the Ascending Channel below 0.99750 towards 0.97300 being...

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4H CHART EXPLANATION: On 4H chart we have a Bullish View due to: - Broken Descending Wedge Pattern - ABCDE Elliott Pattern completed (On Elliott Wave theory this is consider as a Bullish Signal after the full Count) - Bearish Divergence on MACD If price Breaks out above 0.67800 we will be looking for long positions towards 0.69200, paying attention to the...

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4H CHART EXPLANATION - As in our Weekly / Daily Vision, price bounced from the Confluence Level and broke the Ascending Channel. - It has potential to move down towards the 17,94 Support Zone. - However, theres a Bullish Divergence wich could be anticipating a Pullback to the Broken Ascending Channel. We will be waiting for a resolution before looking for sell...

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4H CHART EXPLANATION: On 4H chart, we have a Bearish vision due to: - Revertion from a Major Resistance Level (Confluence Zone) - Broken Ascending Trendline - MACD Bearish Divergence We consider this as a failure of the Bullish Movement so will be looking for short setups towards 143 being careful to the middle support zone at 156. Updates coming...

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4H CHART EXPLANATION: Price is on a Wedge Pattern as the Main Structure on the 4h Chart. We can observe: - ABCDE Elliot Pattern Completed ( on Elliot wave Theory this is a clear signal that the structure is finished ). - Support zone made by A/C/E . - Broken Descending Trend line . We consider the previous items as Bullish Signals to be looking for long...

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4H CHART EXPLANATION: - Price bounced on a Daily Resistance Zone, and then broke an Ascending Trendline. Now we are waiting for a bearish movement below the Support Zone at 1.29600 level towards 1.24800 being careful of the middle Support Zone at 1.27600. If price move as expected we will be looking for Short Setups on the area. Updates coming soon! MULTI...

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4H CHART EXPLANATION - Price is currently on an Ascending Channel. - As in the daily/weekly vision, we observe that price is on a confluence level (Resistance Zone + Pullback). - Bearish Divergence on MACD. - If price breaks the Ascending Channel at 63.52, we expect a bearish movement towards 61.98 (Support Zone) and then to the Daily Ascending Trendline. We...

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4H CHART EXPLANATION As we explained on the Daily/Weekly Analysis, price is on a Strong Bearish Zone, a confluence of: -Daily Resistance zone (Possible Triple top). -Wedge Pattern showing weakness of the Ascending movement. -Pullback to the broken Daily Ascending Trendline . -Bearish Divergence MACD . We expect a Break out of the Ascending Wedge Pattern...

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4H CHART EXPLANATION - Price bounced from the Daily Support Zone and broke the Descending Channel. - It is currently on a Bullish Corrective Structure. - If it breaks 1.50562, it has potential to move towards the Descending Trendline. We expect a Breakout of the Bullish Corrective Structure above the 1.50562 level to move towards the Descending...