Sol -H4- Jan / 2022 OverviewHappy New to All !
We are going for a quick look to the charts just to get a bigger picture.
I’m not diving to any technical details this time, still too early to get sleeves up !
Share You thoughts, likes and TA!
PS: trendline has been drawn just for illustration purpose
4h
AAVE LONG BINANCE:AAVEUSDT
1- The price is above the level of 61.8% Fibonacci.
2- It has also crossed the descending line in 4h time frame.
3. Makdi histograms are also growing after several weeks and have issued their ascending signal in the last few days.
4- In rsi, there is a break of the trend line and crossing level 50.
I expect the growth to be around $ 260 if the candle stabilizes in this area.
BTC 'W' Pattern Neckline!Good morning!
I started this morning by looking at this W pattern which formed on the smaller BTC time frames, and is sitting right at the neckline right now!
Watch the video to see what my targets for the inmediate short-term BTC price are!
Oh here's my face btw :)
I hope you enjoy it!
Happy trading!
UNI-4h UNIUSDT BUY SIgnal!!!!!
Hello Traders and Investors.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
target: 21.5
risk is justified
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BTC 4h falling wedgeBTC 4h printed bullish div on MACD, RSI and Stochastic RSI. Moving higher but coming to resistance.
Some increased bullish volume would be good to see here.
I am not looking to go into any large long trades until we either break up from this falling wedge. If we break below I will potentially open some small short positions.
UK100 BREAKTHROUGH AND RETEST THE RESISTANCEThe FTSE 100 index is well placed to extend its recent run higher ahead of the Bank of England’s decision on UK interest rates next Thursday. Once seen as almost certain, a rate hike has become less likely because of the spread of the coronavirus Omicron variant.
That’s positive for UK stocks even though the Government has already responded by tightening the pandemic rules in England. Masks will now have to be worn in most indoor public places and employees have been told to work from home if they can.
The UK FTSE 100 index traded lower on Monday and touch and retest the broken resistance line from December 6th of the downtrend formed from drawn from the high of November 12th. That said, the slide was paused near the 7220.00 level, still above the prior downside resistance line. As long as the index is trading and stopped on that level and in combination with that the traders sentiment is net long, it would be interesting to see how the price will react in the following days.
In order to start examining whether the outlook has darkened further, the experts would like to see a clear dip below 7180.00, support marked by the inside swing, and 61.8Fibo correction. The price will already be below the aforementioned downside line and the bears may get encouraged to push the action towards. If they are not willing to stop there, then we could see them pushing towards the low around 7115.00 or lower to 38.2Fibo correction around 7050.00 or lower to the strong support and psychological level around 7000.00.
On the upside, the experts would like to see a clear rebound back from the current levels before start examining whether the bulls have gained full control again. This will take the index above the upside line and could aim for the 7370.00 or 7397.00 zones. Another break, above 7397, could see scope for extensions towards the peak of February 21st, 2020, at around 7460.
Looking at our oscillator indicators we have to notice that MACD and RSI are very close to the oversold zone but also noted big short volume bars at the end of the year.
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GBP USD Deep TA Part 3/4 - 4HGBP USD TA part 3 from the 4 parts. Overview of 4H chart and establishing key S/R levels. Also , we are stepping back a few steps and overviewing whole trend picture and direction . A Clasical trend down collecting pips within channel down. We’ve got general picture over here now and we are heading to the final part 4 for the further TA.
Can you see bouncing back from the key S/R levels? In the past same levels played as key levels for reverse of trend . Channel down? Share your TA, thoughts , likes as well please!
BTC LongAccording to the chart, it is clearly evident that a triangle has been formed since Dec 4th, 2021. With having a glance at the breakout level at the price of 49620, due to lacking of volume trading, there is no sure and certainty among traders to make the market bullish again. However, a true breakout in RSI 14 is seen and also the pullback has been successfully completed. Being patient is the best strategy while no enough data is provided to invest or trade.
BTC 4h Symmetrical Triangle IdeaHere is another Idea to think about. A Symmetrical triangle, bearish continuation pattern in the this case.
Another very common breakout triangle pattern, happens less often than falling wedges.
Just an idea to have some fun. Don't use ideas to trade, just use them to open your mind to the possibility of it happening. The more scenarios you can prepare for the more successfully you can trade the chart.
BTC 4h Falling Wedge ?I drew a potential falling wedge idea, just a speculation, but a very common pattern and it often happens when we are up against a downward sloping resistance trendline.
Falling wedges have a 68% chance they break to the upside, it would mean the odds are in our favor on the 4h.
Idea could be invalidated at anytime.
EURUSD: Where to next? Two likely scenarios in playCurrently EURUSD is likely to form and complete the inverse head and shoulders pattern. shall the pattern complete and the neckline break, we can expect the price to rise towards the next resistance. However the rally should be short lived, as the acceleration towards the 1.11700 should resume. The current probable inverse head and shoulders is likely just a consolidation up move.
On the other side, shall the pattern fail to complete, the ascending trendline break would likely come in play. shall this trendline break, we can expect the price to aim lower towards the next support. Refer to the main chart for a clear picture.