As you can see here, these two trends form some sort of channel apparently. The fall today was too steep, I’d expect it to bounce back and forth between them. If it breaks down, then it’s short. If it breaks up, then wait for confirmation at 12400 before going long.
Market Maker Pattern observed in 4H chart. I’d expect the last “V” to be formed given the divergence observed between points (W) and (X) highlighted in green Vs MACD . I’d aim SL just below the confluence point between Fibo 38.2 Wave (V)-(W) and Fibo -27 Wave (W)-(Y). TP is expected at that point thinking […]
A New York resident has filed a lawsuit against crypto exchange Bittrex for allegedly withholding funds, industry news outlet The Block reports on June 30. Per the report, the plaintiff claims to have deposited $120,000 onto her Bittrex account in August 2018 and that the company suspended it and refused to release the funds […]
Market Commentary:READ THE MARKET COMMENTARY IN THE CHART CAREFULLY…AND TRY TO LEARN THE ELLIOT WAVES…OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSISAll information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will…so please […]
#Accumulatio_RecommendationPair : #BTT / #BTCRSI : 46TA Notes :– MACD : Crossing over for a bullish indication which is in favor of the bulls and making the trade to get a good momentum.– RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for […]
Here is the markup for GBP/USD that I cover in my Weekly Market Analysis video I post every Sunday on all the major pairs, so you can form a plan to trade the markets in the coming week. Just another tool to help everyone in this community. For a FREE FULL VIDEO BREAKDOWN of all […]
Price has made 3 rejection wicks to major resistance, along with the descending trendline being rejected for the “3rd time”. A bearishcandlestick to finish off on Friday, shows that sellers may be getting ready to push oil prices back to the downside..
Hi friends! Welcome to this update analysis! Let’s get right to it! Looking at the Daily chart . Now, before we get bullish or bearish , we have to assess the data on the chart. If the most recent arrow is red, you should be short. If the most recent arrow is blue, you should […]
Hey, There’s a good chance that the trend of this pair changed last week and here’s why: – Broke above the bearish channel that it was on since the beginning of May. – Daily MACD already made a bullish cross. – Great RSI momentum. – Plenty of room to grow until it reaches a major […]
Hello! Everyone enjoying our little selloff? Great news if you aren’t fully allocated. Even better news if you are since price doesn’t go straight up. From top to bottom: -LTC is midrange in its regression trend channel since the first big breakout over the 50 sma . Very well defined touches on the top and […]