this inverse head and shoulder pattern looks like has a good rrr but this 1 is wkly if you cant hold for wks or month look for short tf have a nice trade everyone please comment your suggestions thanks
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Potential larger timeframe seek and destroy profile, building up considerable sellside liquidity to later run. This would act as a deviation or fakeout both sides of this range as charted here. Daily BiSi (Bullish FVG) is the draw and our point of interest.
?Is the #BTC pullback over? ❓ ?From a structural point of view, the ideal target area (83223-89155) of the short structure has not been fully realized, so we need to be alert to the possibility of further decline. However, we are currently in multiple overlapping support areas, and there is the possibility of continued rebound. We need to The resistance area of concern is near 98600, and we will wait patiently for new signals to appear. ☕️ ➡️We need to be cautious enough when trading against the trend. Therefore, the long orders we held near 96,000 were set to break even after locking in the main profit. In the end, the long orders were swept and we made a small profit. Let's see? ?If you like my analysis, please like? and share? BITGET:BTCUSDT.P
this hidden bearish contenueation pattern is the possible end of market bleeding
Gold continues to be in a correction phase and looks headed towards the region between 2650-2700 as targets. As long as price stabilises above the 2600, the yellow metal may continue it's upward move. Failing to settle above 2600, may lead to a retest of 2585 leading to a possible bearish continuation.
TSX:MNT is a monster. No doubt. During this correction on the whole crypto market Mantle is bouncing really hard! Absolutely a winner. Mantle reached the physical support around the dollar and we saw a bullish divergence on the 4hr timeframe.
This chart shows Bitcoin (BTC/USDT) price movement on a daily timeframe with several technical indicators and key levels highlighted. Here is a breakdown of the analysis: Key Observations: 1. Price Levels: The price recently broke below the 127.20% Fibonacci extension level near $105,595, which now acts as resistance. The 100% Fibonacci level, around $94,916, is being tested and might act as support. There is a green support zone near $85,000–$95,000 that could serve as a demand area for buyers. 2. Indicators: Parabolic SAR (red dot): Indicates a bearish trend as the dot is above the price candles. On-Balance Volume (OBV): Showing a downward trend, signaling decreasing buying pressure or increasing selling volume. Relative Strength Index (RSI): At 45.05, indicating neutral to slightly bearish momentum. The RSI is trending downward, which aligns with the price drop. Chaikin Money Flow (CMF): At 0.02, near the neutral line, suggesting weak inflows or a lack of strong accumulation. 3. 200-Day Moving Average (Red Line): The 200-day moving average is rising but is significantly below the current price. This could indicate that the long-term trend remains bullish despite the short-term correction. 4. Volume: Recent candles show higher volume on red candles, suggesting stronger selling pressure during the price drop. Potential Scenarios: 1. Bullish Case: If the price holds above the $94,916 (100% Fib level) or rebounds from the support zone ($85,000–$95,000), it could trigger a bullish recovery toward $105,595 and potentially retest $108,421. A positive divergence in OBV or RSI could strengthen this case. 2. Bearish Case: If the price breaks below the 100% Fib level, the next key support lies at $85,000–$86,000. A failure to hold this zone might lead to a deeper correction toward the 78.60% Fibonacci retracement level at $70,041. Summary: The price is in a short-term downtrend while approaching a significant support zone.
he hinted toward o3 release today also everything dumped so it has extra fuel with longs out of the way should announce in the next 3 hours, just hope the market doesn't continue to dump in that time
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect bullish price action after price rejected from bullish order block. As well we have hidden divergence for a buy and on H1 we have regular divergence. Like, comment and subscribe to be in touch with my content!