Price of btc coming to retest its strong level of interest where previous strong suppor now as a resistance and also rejecting from the level. SO good short trade according to levels given in the chart.
On monday open short term buy trade in for the target of 1692 level area. this is strong level of resistance on weekly 200 ema and also previous market structure support now as a resistance. Than if we see bearish candle on this level and with volume if go for the short position for the target of previous week low. If price break this zone and again trading above...
In the dollar index price is making double top ar 110.15 and drop to test its strong trend line support area 109.60 level . Now if price break this trendline support than we see the more drop in dxy and price and coming to test its next level of support area and fill the gap down of previous week. After the breakout of market structure the strong trendline...
Hey traders! In the US OIL Market structure we see after drop of oil prices on 14 sep from 90$ per barrell price is now holding its support area which is 84$. What we see in market structure? Price breakout its market structure in 2h timeframe and show the selling pressure at 86$ which is very stong support for usoil now price again come to this level now as a...
In this bitcoin forcast price is rejecting from the strong level of support 19500 level which is also area of interest for the buyer and bulls trying to to push price to the upside. In candle price we see rejection in 4h timeframe which shows the buyer interest . I am going long and buy bitcoin for the target of next resistance level which is previous strong...
After the high of 13 sep of 22k price test its trend line reistance and rejected from the reistance trend line also bearish divergence and lost bullish momentum price drop to the support of 20k round number and also came to the 28 AUG TO 6 SEP rang market area. Now you can see price is in small range and consolidation with 2 levels. This zone is no trading zone...
After Positive CPI data coming from US the major stocks crypto and forex pairs drop more than -1% on tuesday Newyork session. Gold is also struglling at 1700 level of round number support. In silver we see price break the market structure and now retesting its previous support now as a resistance and also shows bearish momentum candle which shows the more...
Eurusd is testing its strong level of support at 0.9885 level and rejecting from the support area on smaller time frame we see some bullish momentum and on 1h bullish hammer candle sticks shows the bulls regaining the strength in the #eurusd pair #DXY is also drop from its resistance this also show the strength in eurusd. TRADE SETUP BUY 0.9910 TARGET 1 :...
Bitcoin Longterm Analysis : After drop of bitcoin price from 31k price hold 18926$ level on daily candle closing above this level now we see in big timeframe market structure is forming bearish wedge or rising wedge in downtrend which show the selling trend continuation to downside. and price now rejecting from its strong level of resistance trendline also from...
Bitcoin Analysis: After price drop to strong level of support 24172 level we see bulls take the control and push price to upside toward the strong key level of resistance also hit 25k high where 200EMA restest on Weekly timeframe and in short time frame candle close below 25k and also respect its resistance trend line 24936. What next in #bitcoin? Price of...
CADJPY In the market structure we clearly see price rejected many times from the very strong key level 104.60-70. On 8 Aug price break this level but bulls show weakness in the cadjpy and price again drop to 5 Aug low 103.34 key support area. Now price again come back to test again its level of resistance. What Next in CADJPY? Price is rejecting from its key zone...
In AUDCAD after market test its strong resistance trendline at 0.91059 price drop to 0.90930 after the market open if price break market structure 0.90830 than you go for short position and exit on the coming support which i draw in the charts. if price come back and push to upside than wait for the trendline resistance again test if you see again some strong...
In the recent market structure we see string supply zone near 163.68 level where 200 Ema resitance also facing the price of #gj so here we enter short position in gbpjpy. We also see gbpusd is near at its resistance so this is also indication of some small bearishness in Pound so you can short GBPJPY your Target is support trend line 162.95 and below 61% fib level...
After the breakout of #headandshoulder #pattern on 1st Aug btc price drop $23360 to $22674 which is strong support on 4h #timeframe. Price rejected this level of support multiple times and we see #doublebottom market structure.Now price coming back to resistance of the zone in which price is moving from last 3 days. $23360 / $22674 . What next in bitcoin?...
After breakout of head and shoulder pattern on 1h and 4h today 2 Aug price retest its support neckline now as a resistance $23474 and drop towards support of 23k level #200ema break which show short term downtrend in the #btc price towards next important level 22400 where 200ema in 4h which is very strong and good level for buying. SHORT 23000 TARGET 1=...
After the drop from 22k now price test its strong support trend line 19500 level. We also see rising wedge pattern and now bulls trying to hold this level. Bullish hammer candle shows the strength of bulls in the market. so after the break out of recent pullback high level 20010 after the cadle close above this level in 1h you can go #long in #btc. TP1 20454$ TP2...
“Easy money” is having hard times as there still is no sign of reversal in favor of Bitcoin, but 20k seems to be acting as a psychological barrier in selling. Market Structure: After collapse in #btc price 3JULY price hits low of 18763$ now we see some buyer strength and they push price towards 15june high 22662$. here we see bullish pannet structure in the...
After price collapsed from 1813 towards 1832 now we look some stability in the gold market in 4h we see bullish rsi divergence with double bottom structure. Today NFP news also released so we see some bullish moves. Again gains are likely to be limited in the bear trend with minor resistance at yesterday's high of $1748/50 and strong resistance at $1765/70.