cozzamara

cozzamara Updated 

AUD USD moved this way today. lol

cozzamara Updated 

EUR GBP is running horizontally. Also 100SMA is horizontal. The support is holding. We need to wait that it comes out of the down pressure before we can start thinking of riding the the candles. Do not bet it will go that way but be patient and wait until you see the opportunity. It could also still drop. Bearish pressure still on and below 100SMA. Let's wait and...

cozzamara Updated 

AUD USD is finding support at 100SMA level. Impulsive wave making an higher high. 50% retracement fibonacci supported (the hour candlestick is spiking). Retrecement movement forming an abc or zig zag on supporting moving average. But the good part comes when you look at the daily chart...I will publish it is a few moment...

cozzamara Updated 

EUR GBP question: don't they look similar moves? I don't know and this why I am asking. There is something repetitive in the way these two moves behave or it's just me allucinating for overtrading?

cozzamara Updated 

EUR GBP made two doji on support. The Thursday candlestick pierced the previous low, spiked and closed just above. The Friday candlesick made a spike up but closed just little above support. The last two candlesticks are showing a lot of bearish pressure on support. The tops may indicate a downtrend channel with a similar volatility to previous ones. If support...

cozzamara Updated 

Bitcoin tested the 50 SMA and the 50 line of the RSI from below. It may well reach the 11K in the next 4-6hours. If you look at the 5 minute chart the test is represented by a double top. This was a very bearish signal. Be carefull and always look for building momentum. I am not a trader and these are not financial advices. It is only my view.

cozzamara Updated 

Bitcoin just formed a double top on its way up to the 13K. This may be the 2nd shoulder of the descending H&S. The double top comes also on the support just broken.

cozzamara Updated 

Bitcoin confirmed an higher low and may resume bullish momentum. It is making a third attempt to go higher. Price may be resurrecting from a big divegence on RSI pointing down.

cozzamara Updated 

In this timeframe (1hr) we see how BTC diverge with RSI for the downside. On short timeframe its pushing down stronlgy but holding that support trendline.

cozzamara Updated 

Yesterday BTC completed its come back towards 13.000. After an aggressive start towards the target it lost its momentum and faded slowly. As a result of the disappointment BTC has now formed an Evening Star trending down pushed by the 100SMA. Further findings on shorter timeframe in due course...

cozzamara Updated 

Bitcoin took a very aggressive approach against the above trendline this morning whilst MACD and RSI crossed in positive zone. This area proved to be very congested when dipping. Bearish preassure still strong but bulls may try an intraday run towards 14K. Need to be cautious and wait for the momentum. Please note that I am note a trader and just expressing my...