kennkennntl

kennkennntl

BITCOIN ANALYSIS 1) The downtrend is defined by a parallel channel, where the top of the channel is marked on April 15th, and the bottom is on June 15th. 2) There was a triangle pattern formed, and the price broke out of this triangle after reaching 25,000, down from 30,000. (price trap 25,000 level and come back) 3) Currently, the price action suggests that...

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it's evident that the price has been moving sideways in the daily timeframe. Currently, the price has gracefully approached the support level and is showing signs of rebuffing further descent. Now, if we zoom into the finer details by examining the lower timeframes, such as the 4-hour and 3-hour charts, we can witness a rather striking development - the price has...

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In a scenario where the USD/CAD pair has been trading in a sideways structure for an extended period of time and is showing a bullish rejection pattern at the lower range of the zone on a 4-hour chart, a trader might consider employing a "Range Trading Strategy" with a combination of "Price Action Confirmation." Here’s how this strategy could be applied: Identify...

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as you can see, the major structure is sideway price trap the support level price then made inverse head and shoulder breakout and retest which complete falling wedge pattern and ready to go up oil price has positive impact from supply side , oil future also show bullish momentum.

kennkennntl

as u can see, the gbp usd is moving in sideway structure, it just broke out from the resistance then push back down. insidebar breakout pattern happened at the key resistance of this zone. therefore, i think that it will go down to previous support at the moment, it provide good risk reward ratio (1:3)

kennkennntl

The XAU/USD pair appears to be in a bullish momentum, as evidenced by the higher highs and higher lows seen on the chart. Additionally, the price is moving within an upward trend channel, creating a bullish triangle for accumulation before a potential breakout. Currently, the price has made a higher high and is undergoing a correction. It is essential to wait...

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I have identified an opportunity to place a long order with a favorable 2 risk reward ratio. When considering the big picture over the past year, it is evident that the price has been moving within an uptrend channel (Sideway up). Furthermore, in the current micro picture, I have observed a chart pattern at a resistance level with a candlestick indicating...

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PRICE are doing sideway movement therefore, i think that this area provide us good risk reward ratio i make it easy because trading must be easy.

kennkennntl

short eurjpy price show reversal candlestick at resistance

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i observe nzd has more strength than aud therefore, i decide to short this pair RR 2

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I use some of my profit to risk this one with 112$ to gain 424$ trading carry high risk so you should calculate the number of $$$ you want to risk properly. dont be greedy. its a long term game sometimes you make small profit such as 424$ to risk more. For example, If i win this trade i will gain 400$ Then i will use this reward to risk 400$ to gain...

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my previous analysis , i was focusing on sideway zone (current zone) but in this analysis i will show you clean and simple 1) break trendline 2) price make double bottom, therefore, price will break the current resistance (RR2.85) 3) price will go up to another major resistance with confluence with fibonacci retracement 0.782. also, it is the place where ema 13...

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price make sideway price fool people that it will go down but come back and will go up and hit resistance

kennkennntl

The chart show bullish momentum in the major timeframe. 1) weekly chart = Uptrend channel dominant 2) Daily chart = price traps support lure people to short then retrace back Therefore, i entry in Daily timeframe reason, and will hold this position until it hit upper channel I will take partial at the resistance for 2 times. Then the final tp it will be 25%...

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i forgot to oberserve yield curve nzdjpy long daily timeframe expect big price movement soon

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XAUUSD 27 mar price are still in bullish momentum The area in the picture provide good risk reward ratio. price reject from SUPPORT level by reversal candlestick there is also a fibonacci 618 retracement as confluence

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i think price make accumulation pattern it will skyrocket so the risk reward ratio is worth trading

kennkennntl

long audnzd risk .5%' i think long order has better odd