The pair just printed an inverse Head and Shoulder and as we know this is a very powerful reversal pattern in the market. So I am bullish for the time being on the pair. Lets see how this plays out. Will update as time goes on, stay tuned! Good Luck. God Bless!
The pair is currently bullish on Daily timeframe. However we might be in midst of a retracement in order to continue with uptrend. I am SHORT on the pair as intraday trade. Let's see how this plays out. This is not a signal, just my point of view. Will update as time goes on. God Bless!
The Crypto giant stuck to technicals and created a new high. Currently at very strong supply zone in market, will update as time goes on. Stay Tuned! God bless!
The current price action played out as foreseen we didn't however capitalized on it. Will look for future opportunities.
We have interesting price action on this pair coming into strong monthly support. If price holds at 84.580 and rejects to the upside we are confirmed bulls. However if we manage to break below that level we are confirmed bears. I am predominantly bullish on the pair from that level but I am open to adapt to favorable price action, we react accordingly. Will update...
Currently I am seeing two possible scenarios. breakout of that smaller timeframe zone we heading to that first target(35290) comfortably. Retracement to the previous supply turned demand zone on the 1H timeframe we heading to the second target zone(35485). Ideally I would like for the bigger retracement just so that the market come and retests the previous broken...
The Crypto giant is creating higher highs and higher lows. Primary definition of uptrend. So I am bullish untill the highlighted area in Grey. High Supply zone.
I am seeing bullish price action forming on the index. Potential buy setup. Trade with caution and risk management. This is not a signal just my sentiment on the current price action. God bless.
Potential buy setup on USDCHF. Lets see how this goes. Best of Luck! God bless
The formation looks inviting, waiting to see how it plays out. The pair seems to have printed an inverted head and shoulder formation indicating trend reversal and its happening at a key level.
Quick update on this index and the analysis. Lets look to the future for more opportunities.
The crypto giant broke out of the ascending channel at a key resistance level in the market. It also completed the retest. Let's see how it goes.
The pair retraced to the highlighted area of interest we analyzed previously. I am BEARISH on USDJPY for now. Will update as time goes.
I made this call last night. The index broke out of an ascending triangle and I waited for retest to complete, as you can see.
Breakout of structure will confirm the short term bearish sentiment I have on the crypto giant. Let's watch and see how it plays out.
Just an update. I analyzed a buy setup on the pair as an intraday buy trade. The analysis played out.
The pair is creating higher lows and higher highs. I am bullish for now. Thoughts?
The pair seems to be going for a deeper retracement. Perhaps based off weekly timeframe which will be perfect as the is a strong level of resistance which will be turned support if tested and rejected.