Priceactionstrategy
CHFJPY BearishPrice formed a double top pattern on the daily time frame, which is a bearish reversal pattern. Digging down to 4H time frame we can see an ascending channel that approached the resistance level. After price broke out of the channel it is now pulling back at the 50.0% fibonacci level and forming a lower high to confirm the downtrend.
Bitcoin show a possible resistance of the Bulls!!! Interesting!!Hello traders and crypto-community. Today Bitcoin is show in H1 timeframe a possible up of the price, that mean that Buyers are more strongest and strenghten that offerents (sellers). Well, sellers show me that is weakness and buyers are defend the $9,200 USD, and also the shoulder head shoulder inverted are invalided and then, show a bullish channel in H1 timeframe, that mean a possible an indicator for buy Bitcoin at this zone. Also, I mark a strong support line, that if Bitcoin touch above of then, Bitcoin could to explode and appear a grat bull candlestick in some hours or included to complete this approximately elliot waves correction ABCDE analysis. As a reference, this buttefly bullish, could be a exceptional that Bitcoin has force to continue up.
So, based in the H4 timeframe, Bitcoin is valid the 0.618% of Fibonacci, and that mean that Bitcoin in each H4 candletick could to mean that Bitcoin could to explode!!!
And guys, in Daily this is a possible proyection that I mark as reference to following this model in Daily timeframe.
Now, very important based in the conduct of Bitcoin, Ethereum could to following the same example of Bitcoin do!!!
Bitcoin is prepare to go back to the exact $9,000 USD levelHello guys and good night, in this updated of this technical analysis we believe that Bitcoin is continue down until the $9,000 USD in the next hours of the day of tomorrow.
I Daily we are a possible ouch the Daily yellow zone that mean a possible go back of the demand zone, also this kind of strategy that I use is called supply and demand, for there I have this zone mark in each color to identify the timeframe.
And in H1 timeframe there are a interesting position to put in short in these levels of $9,210 USD that i put, do you remember in my previously technical analysis, I reccomend for there to closed up your position because Bitcoin it's could be to experiment to go back, now that phenomenol using hte psycology and price action is taking in our hand. So, that is my projection that in the next hours Bitocin it's could be to formation a bullish butterfly, that mean that Bitcoin is so prepared to to break up this ascendent channel that we are from June, 1, 2020. So, there are an interesting fomation that if you get it, there are a formation of tripple bottom, that mean that there are still buyers that want to go go buy at this level of $9,050 and $8,950 USD, that is an approximattely range of price that have the buyers to buy, so all bulls are hope that the Bitcoin go down to buyers buy Bitcoin at this level, and so, for conclude, if the bulls defend above of $9,000 usd, did you noticed what is mean> That mean a possible bull run comming soon of Bitcoin that it's can to jump above of the mark $10,000 USD in the few weeks. So, guys, making trading in Bitcoin and starting accumulate more Bitcoin to fight agains the inflations of our money and save our money. , and so interesting that I see a possible formation buterfly bullish in H1, and also in H4 were form a formation of bearish BAT, and so, that mean a continuation as you see in the screenshoot in H1 timeframe the next formation of armonic pattern birth.
Also, I add in my related ideas of my previously technical analysis, so enjoy the day of tomorrow Friday!!!
Also, that is my analysis and a long position in Bitcoin I do a closed up manually.
euraud short trade idea Hello Traders,
We could see after move within the consolidation, the price able to breakdown the recent support.
However to see the continuation of downtrend appear, please wait for the price behavior to test that minor resistance as a solid recent resistance and proven the buyer was off.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
eurcad short trade ideaHello Traders,
We could see that price has rejected minor resistance and not able to break it to reaching the major resistance.
Therefore I would see the price behavior and if the candle closed below the minor resistance zone and the bearish trend possible to appear.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
chfjpy short trade ideaHello Traders,
We could see the currently price has reached major resistance and formed a double top. So by that evidence is consider me that price possible to retrace the movements.
however, please don't jump on the rally market as we need further retest for our evidence to calculate the ideal risk to reward before considering to trade it and consider to take the short trade after price able to breakdown the minor support and respect it as solid new resistance or price closed below zones highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
EUR/GBP is prepare to put in short!!!Today, GBP it's show in this week that the currency are strong than any others pars with this currency. So, technicaly we see that EUR/GBP is going to make a pull back to later drop a lot, we proyect a possible drop of 167 pips in this par to find down.
That is the situation of the market in Daily, if GBP is put so bullish, easily EUR/GBP it's going to find lower level
Now, the only we need to hope in H1 as I want to make an entry in short in hope the confirmation to put in short in that zone!!!
The price action is seem not secure until we see a bear candlestick signal, when he apper in the technical analysis, so we can to entry in short then.
Also guys, if you want to read all fundamentals, you need to click below in my previously GBP/USD technical analysis.
DOLLAR INDEX SHORT TRADE IDEAHello Traders,
The Bias on this pair is forming bearish trend, however, I would wait for the price to test the zones as the last attempt for evidence that the buyer is off and the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
GBPJPY LONG TRADE IDEAHello Traders,
We could see the price currently has been breakout the minor resistance. However, to see the continuation of the uptrend appear, we need to let the seller off by test the recent support is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
EURGBP SHORT TRADE IDEAHello Traders,
The Bias on this pair is forming bearish trend, however, please don't jump on the rally market as we need further retest for our evidence to calculate the ideal risk to reward before considering to trade it and consider to take the short trade prior retested the minor support which has been breakdown by the impulsive candle to become as solid minor resistance.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
Updates: Alert of this par, USD/CAD show us the price action!!!In this quickly technical analysis there wil be a possible cheat of the price to entry in short, so now guys, we need to closed up the short position, so the position it's go to closed up and well, pick up our earnings and then, put in long position, becuse this pattern are so bullish. Because now price action show us a possible continue up into this ascendent triangle, rememebr that expectative is bearish for this par, and also yesterday I make an alert of beware of this par, not neccesary the fundamentals speak, but that say the price action that institutionals and sharkers are going to make a contrary movement!!!
But, now the previously technican analysis we could in oure hand as reference to a large drop until the $1.3085 it's could be to pass, but now the price is need to complete this triangle wave analysis correction.
USDJPY SHORT TRADE IDEA Hello Traders,
The Seasonal on this pair remains bearish as shown that price is respected the trendlines as major resistance.
However, to see the clear bearish continuation, kindly wait until the price is able to break the recent support and test it as become a new solid minor resistance.
Please wait for further evidence that appears or consider to wait the candle close at below zones highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
EURUSD LONG TRADE IDEAHello Traders,
In order to see the continuation of the uptrend appear, we need to wait for the seller off by test the recent support and respect it as solid support or demand zones.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
EURNZD LONG TRADE IDEA Hello Traders,
In order to see the continuation of the uptrend appear, we need to wait for the seller off by test the recent support and respect it as solid support or demand zones.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
Updates: We continue in buyIn this quickly and little updates, we see that Bitcoin in the morning is up the price, also, was facinating.
Remember that in Daily we are here, but we need to resolve all doubts, because we have in the ascenden triangle and that mean that Bitcoin could to break up the price, and if this occur, so Bitcoin is so bullish as in the past!!! This graphics is important.
In Daily timeframe we see a Bitcoin into this ascendent triangle and into this descendent channel, but, there are a highly possiblity to Bitcoin is into this ascendent triangle that objective of that type of chartist pattern is continue the trend, in that case is bullish in Daily, but the prece is consolidated into this pattern. But more important is in case that is an distribution, we need to have in mind to sell off, htat is an another possibility to entry in short, but possible.
And finally to conclude, in H1 timeframe we have an another entry in the 0.382% of Fibonacci, that is an entry in long
Well guys, the only I hope in H4 timeframe is to form this chartist pattern a Shoulder Head Shoulder inverted until the $9,288 USD, that is my target profit in the green zone to ejecuted my earns to pick up. Also, if yuo see the MACD in H1 and H4 timeframe, we see that show us a signal of buy, most specially in H4 timeframe.
Alos, if Ether it's done, Ether is the same conduct as Bitcoin do. Remember that!!!
Updates: Bitcoin has trying of rejection of 4 trying!!! Beware!!Hello guys, in this quickly technical analysis of Bitcoin, beware of what you see, this is a fake siganl to put in short in that moment for now. So, reccomend that change your chip, that is a bull signal, reccomend for now to discart my previously technical analysis, the signal to put in sell order limit is fake, let's me say you why Bitocin is prepared to go up.
In Daily timeframe we have a Bitcoin in this updates descedent channel, and that mean a Bitcoin so bearish in the midterm, also I put this purple circle to know the exacto point if you want to mark this bearish channel.
Now, in the H4 timeframe we see a formation so clearly of Shoulder Head Shoulder inverted, and that mean a bull signal into this bearish channel. Also, there are a possibility that Bitcoin reach at the $9,400 USD in the uppper zone of this trend line that have a set of bearish channel.
Now, in the H4 timeframe, we have this situation, while that we have the shoulder head shoulder inverted, we have a possible double top, and that mean that bull are strong, and we have this strong support in H4 timeframe, but if you see that below, we have 4 rejection of the price when between yesterday and today the price is trying to broke down the suppport 4 trying to break down, but the price is rejection and I mark this 4 rejection purple bubble that the price make.
That my frined, is all my technical analysis, now today I found out that Bitcoin is into this bearish channel, specially in H1 timeframe that expectative is so, but so strong and bullish.
I hope this technical analysis is support you!!!
CADCHF LONG TRADE IDEAHello Traders,
As you could see at the moment the price has formed a bullish structure.
however, to see the continuation of the uptrend appear, we need to see the price behaviors able to break the minor resistance and respect it to become new solid support or demand zones.
Please consider the take long position if the price closed at the above zones highlighted with solid evidence. ( Remember that today is NFP days, please trade safely)
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
GBPJPY SHORT TRADE IDEASHello Traders,
Currently, we are seeing that price has been break the trendlines and looks formed as H&S patterns.
However, to see the continuation of the downtrend appear, we need to wait for the price behavior to respect the recent support which has been a break to become solid minor resistance.
Please wait for further evidence that appears or consider waiting for the candle close at the below ranges highlighted or formed the bearish structure. ( Remember that today is NFP days, please trade safely)
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
GBPUSD SHORT TRADE IDEAHello Traders,
Currently, we are seeing that price moved within the ranges and looks forming a double top.
However, to see the continuation of the downtrend appear, we need to wait for the price to respect the recent support which has been a break to become solid minor resistance.
Please wait for further evidence that appears or consider waiting for the candle close at the below ranges highlighted or formed the bearish structure. ( Remember that today is NFP days, please trade safely)
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!