CHFJPY Higher Lows On The Weekly Chart | Watch Level 118.180Watch for a breakout at 118.180. Look for buying opportunities above 118.180. You will see higher lows pushing into horizontal resistance line. The Exponential Moving Averages are pointing up on the Monthly Chart, Weekly Chart, Daily Chart, and 4H Chart.
Monthlychart
HINDCOPPER - Breakout & Re-test structure - Monthly chartThe above analysis is done purely based on price action and chart patterns.
The analysis is done on monthly charts, hence it may take the price few weeks to few months to reach the target.
Logic as well as the trade setup is shown in image itself. The level which was earlier acting as major resistance, may act as major support for price to move up.
Entry can be done at CMP to any pull back. SL can be around 100. Targets are shown in image as well.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
To understand the re-test structure more clearly, check out the ideas linked here - APOLLOTYRE , SCI , SBICARD
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
Steel long-term fate1 candle = 1 month. Which shows us a 10 year down-trend which is about to be tested.
If we break R1, R2 is the next potential move. Since early november we haven't broken the 10sma, which can be used to exit half your position.
Fundamentally speaking, it appears the market is expecting the stimulus bill which might come in the next months, and will most likely help the Infrastructure play.
RSI is 62 on a monthly basis, on a daily basis it is 80.
I would keep it on a watchlist until we break this downtrend, if you haven't been able to participate so far.
Check out my last analysis on Steel since late october down below.
EURUSD MONTHLY!!!Monthly charts are more reliable.
It seems that the top line of the descending channel, which started to form in April 2008, Is broken
What is the next move?
Due to the daily chart and volume reduction, it seems that marketers do not intend to increase the price sharply!
I think route two is more reasonable for the market to continue.
Let me know your great ideas on the EURUSD monthly chart!
SPX's RSI since 1877. Sell everything, become homeless ;-) Joke!- Way before SPX's inception day of "1957" and back to 1877 RSI Monthly is your best ever ever ever ever friend.
- We are getting close to the 1970s year by year, but long way to go up.
-------------------------------------------------------------------------------------------------------------------------------------
Percentage gain after crossing below 30
reading line on monthly candles.
----------------------------------------------
October, 2008 = 500 % so far
September, 2002 = 94 %
July , 1974 = 1800 %
Jun, 1970 = 69 %
April,1941 = 138 %
Oct, 1931 = 75 %
December, 1914 = 39 %
November, 1907 = 65%
August, 1893 = 18%
December, 1890 = 22 %
May, 1877 = 100%
---------------------------------------------
Draw back:
Max of 6 months to bounce back
Min of 1 Month to bounce back
Overview Market Analysis: Great Britain Pound still bullish!!!In this macroanalysis, we see that Pound still bullish against the U.S. Dollar and then, the inflation of the U.S. Dollar it's another siganl that FED ccontinue unstable the U.S. policy market. That it's a big warning to invest in United States, as the correlation on Bitcoin it's the same of Great Britain Pound that continue bullish. So, we are in the bearish cycle for the U.S Dollar and bullish cycle for the Great Britain Pound.
Now, looking in weekly update, I put a new important key trend line support that Pound still bullish. My next target will be the $1.43 USD. That it's so amazing to know it and put a long position in GBP/USD with good lots to make near of 800 pips.
But,if you're looking in monthly chart, the trend on Pound it's so bullish and I have a forecast that Pound could reach up toward the $1.62 USD.
What do you think about this overview? Could Pound continue agains the rival U.S. Dollar, and America could to have an issue to collapse the economy based in the more inflation?
Next Target for LTCUSD is 182.00LTCUSD broke blue trend line. LTCUSD immediately retested trendline on next candle. LTCUSD broken horizontal line at price level 95.00. LTCUSD retested horizontal line with a rounded retest. LTCUSD hit target at 138.37. (Kraken Price Chart)
Note: Zoom out to view entire trend line.
Note: 95.00 Price Level is from Monthly and Weekly Chart.
The key chart to know where we are in BitcoinOH MY GOD!!!
I want to show you a thing that traders and investor in Bitcoin and cryptocurrency need to know. We entry in the next phase to up confirmed if you copy and paste the past movement what Bitcoin make in 2017 in the past bull rally.
So guys, I don't thinking that Bitcoin go to down, BItcoin it's deflationary and the U.S. Dollar going to collapse all their value. Guys, the time it's now to take a conscience of our mindset and change our mentality because all currencies going to down and loss all the values. It's time to invest in crytpocurrency now. Don't missing this great opportunity. This yellow star represent the huge potential that Bitcoin make it.
Remember that my top 4 altcoins it's Cardano, Ethereum, Chainlink and XRP. And that it's it my 4 altcoins and my major Bitcoin, my own top 5 cryptocurrencies to invest it. For that reason, I reccomend a lot to invest in Cardano and Ethereum becuase this coins are my favorite, specially Cardano that it's the only coin that I want to invest a lot. I'm so enthuastic in Cardano and Ethereum together.
But people don't look this chart, the U.S. Dollar it's in dangerous the loss all the value agains the Bitcoin and then, that could be a disaster in the financial monetary system if Bitcoin going to be history in the wealth transfer.
BTC Monthly - Just watchingPardon the mess, this is an XBTUSD (bitmex) chart, from when I was making leveraged trades when it was legal for me to do so. This is a monthly chart view just to keep everyone from having delusions of grandeur. BTC goes up, BTC goes down. Right now, we are way up historically speaking. Save some cash, or have a means of generating cash just in case we see BTC go into a down phase. Anyone that has been in the space knows it can happen and it can happen fast. Fair value (not sure exactly how it is calculated) has to be much, much lower right now, but over time, if theory proves true, that number should be going up slowly. Unless you know exactly what you are doing, being 100% in anything can be dangerous.
USDCAD is testing monthly support 🦐USDCAD is testing monthly support, and the price bounced on 0.5 Fibonacci Level. IF and only IF the price will lose monthly support, we can look for a short position, According to Plancton's strategy (check our Academy)
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
monthly double bottom breakout on ETHUSD confirmed; target=636 The most important chart pattern in ethereum has just had it's breakout confirmed. This double bottom shown here on the monthly chart has been giving us a few head fakes over the last few weeks. I originally thought it was more predominantly a weekly pattern we had a fakeout back below theneckline a couple weeks back which made me realize it was better suited on the monthly chart. The breakout target is $636 however my first initial target on the smaller time frame of the 1day chart has been $525 for awhile which we are very close to reaching...there may be some consolidation that occurs between $525 and $636 but we will reach that target sooner rather than later I'm quite certain. Thanks for reading! *not financial advice**
EUR/USD Medium-Term Analysis: Daily Chart Breakdown & FxForecastIn this analysis, we're laying out our strategy for the Euro (EUR) against the U.S. Dollar (USD) for the coming weeks and months on how we'll be trading this pair, taking into account monthly chart long-term Fibonacci support and resistance levels, together with daily price action analysis and current supply and demand levels in this market. We'll be tracking price action closely making updates on each daily candle and a short summary on each weekly closes. The market is currently bound by a range between the monthly 0.618 & 0.5 levels.
Wish you guys good trading and if you enjoy this analysis, please give me a like and share your ideas on the comments section, I'll really appreciate feedback from you guys and I promise to read and reply to each and every one of them as soon as possible.
An amazing week for all of you and until the next post! :)
BTC-Highest monthly candle closing in history ? We are so close
Hello everyone,
I think that this chart do not need any extra explanations as it is self explanatory.
Bitcoin is attacking highest monthly candle close in history tonight.
It is very important moment to watch. Goes in hand with Bitcoin dominance chart as well so I do recommend to take a look at the BTC.D chart as well as it can hint us if ALTs relief rallye is upon us or not.
Stay SAFE
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis