Flag and buy. All cryptos going up. Be sure to check volume before entering
Looking for a correction (see chart) then more downside. Daily View:
Im thinking this is a smart gamble. Holding this for a while.
Lets see what we got here. Long term We have been consolidating for a some time now after some big downside moves and this pair seems to be heading lower after a deeper correction. 4 Hour. It looks like GBPCHF will attempt to break out of this wedge triggering buyers and then reverse. I don't really have a setup to buy or sell as of yet, but this is the...
Look at chart. Use your head. Use proper risk management Do your own analysis. This is an aggressive setup --- Meaning there is no confirmation that price is going to turn here. All I see is a good area to go long. Which does not equate to "go long here".
If price action follows the arrows look to get in.
4hour divergence 1hour divergence Strong dollar.
4 hour divergence and 1 hour divergence Got a move up and a flag.
Watch this area for a reversal. More downside is possible, but I would expect some sort of consolidation before another drop.
I am expecting dollar strength very soon and technicals/wave theory are supporting this theory. This setup has divergence all the way through from Daily to 1 hour so it could go very soon. These are the best setups for me all I am waiting on now is price confirmation. Daily Divergence. 4 Hour Divergence 1 Hour Divergence
Watch for buys on a lower timeframe. DO NOT JUST JUMP IN. Wait for price to signal a reversal. This is a possibility and there is nothing stopping this pair from dropping more.
Looking for some sideways price action next week. If we get a nice flat correction , I will be looking to sell cable to the 1.5 level wait for it. I am assuming the larger degree correction is finished and is a contracting flat
Top down analysis. Monthly Daily 4HR 1HR This pair was showing divergence on ALL Timeframes and it is in a huge downtrend. Shorting it should have really been a no brainer this week. Lots more downside potential. Wait for a pullback!
All stocks looking for a correction. TSLA could go straight down from here where it will find buyers near $100 or it could make one last attempt at the high near $300 and then drop to $100. Either way look to sell and then buy again with all your extra money.