skydansh

skydansh

this is a linear chart analysis in which the shadows are ignored, so we should be more patient. everything clear on the chart. NOTICE: the breaking of the "confirmation line" (the white line) is important, and we should keep it beside the candlestick formation confirmations from the bar chart. good luck... you can copy the analysts form the link below: www.tradingview.com

skydansh

everything on the chart, just follow the lines... notice that the first target for sellers is very strong support too. it is because of the RED LINE which is RECENTLY BROKEN and also THE AQUA LINE. so the intersection made by these two lines has enough power to change the direction toward up. good luck...

skydansh

The line chart is more interpretable. everything clear on the chart. keep your eyes on 4H...

skydansh

1. THE RED LINE: this is the line on which the price has been reacting and now is acting as a resistance line. 2. THE PURPLE LINE: lont-term support and resistance line which is acting as resistance. 3. THE YELLOW LINE: the most important trend line that is been touched for the 3rd time since March 9th 20. 4. EMA 200: if we look at the daily timeframe, the chart...

skydansh Updated 

everything clear on the chart. confirmation from H4.

skydansh

1. THE RED LINE: reliable support and resistance line that after being broken turned to strong support. 2. THE PURPLE LINE: this is our uptrend line and if we extend it, more support can be found. 3. THE WHITE LINE: 61.8 fib retracement of the wave AB is aligned with 38.2 fib retracement of the wave XY. 4. DIVERGENCE: clear divergence is seen on the H4...

skydansh

everything clear on the chart. do not forget to get confirmation before entering the position. good lock...

skydansh

The price has broken the red channel from above. she is bouncing in an area in which there are two important lines. the 1st line is the purple one that is the S&R line that is turned to important support. the 2nd line is the white line which stands for 38.2 fib of the wave XY. with these interpretations, the price has the potential to go up to the aqua line which...

skydansh

1. THE YELLOW LINE: this is an important uptrend which is being touched by the chart for the 3rd time. 2. THE RED LINE: S&R line that is broken as resistance and now is turned to strong support. 3. THE GREEN ZONE: a reliable zone. if it is extended more support can be found. 4. THE FIB OF THE WAVE AB: if we draw the fib retracement corresponding to the wave of AB,...

skydansh

important to wait for the pullback...

skydansh

everything clear on the chart. If the pattern is complete, it provides a good short opportunity...

skydansh

1. THE RED LINE: a very reliable downtrend which recently been touched for the 3rd time by the chart 2. THE YELLOW LINE: this is strong support and resistance line that after being broken, turned into a very strong resistance. 3. THE PURPLE LINE: 0.618 fib retracement of the wave LL is aligned with this line PUT THEM TOGETHER: we have an elliptic zone in which...

skydansh

1. THE GREEN LINE: this line is a daily line which after being broken by the chart, returned to strong support. 2. THE YELLOW LINE: that is a long term S&R line and If we extend the line, we will see its impacts in the past too. 3. THE RED LINE: this line is the 50% of FIB retracement of the wave AB marked on the chart. PUT THEM TOGETHER: these three lines are...

11:29

skydansh

This is how the intersection strategy is working for me and what Im doing during my analysis. in fact, I would like to share with you its process step by step. I hope we can go deeper into the details in the next videos. by the way, be on the alert about the Impact of the news "POSITIVE COVID-19 TEST OF DUNOLD TRUMP" news on the market Good luck and support us, If...

skydansh

1. THE GREEN LINE: this line was acting as a resistance line in the past in daily timeframe which is recently broken and tested. now it is obvious that is a reliable resistance. 2. THE YELLOW LIN: strong S&R line which is acting as a resistance too. 3. THE PURPILE ZONE: this channel is more clear in 4H timeframe. the price is currently at the edge of the upper...

skydansh

1. the price crossed the bottom line of the yellow channel, recently retested it and is bouncing there. 2. the purple line which is a powerful S&R line has been turned into the resistance line. 3. the white line is the 0.382 fib retracement of the wave XY. >>>these three are intersected at the elliptic zone and made a strong area, in which short is expected.

skydansh

1. the price is moving in a reliable channel. 2. the price is very close to the upper line of our yellow channel. 3. the green line is old and effective support and resistance line. 4. its quite clear that in the elliptic zone we can have a perfect intersection which we always are interested to see. IF EVERYTHING GOSE WELL, WE WILL LOOK FOR A SHORT POSISION. GET...

skydansh

everything has been simplified and clear on the chart. the chart formed the first higher high and also is making the first higher low in H4. with a good risk to reward ratio. CONFIRMATION FROM H4.