Hello there, Seems that pair NZD/CHF has formed double bottom pattern , so for that reason i think pattern will continue to be completed. Good luck !
We are observing a breakout below the purple support level, indicating potential bearish momentum. However, my idea focuses on the next key support level in the green zone, which holds significant importance. This support level has been untested for a long time and has historically shown high trading volume. I anticipate that when the price retraces to this green support level, buyers could step in, pushing the price higher.
This is just a scalp due to some higher TFs (unjustified) being in play. Nice local ranges though!
Hello there, Seems that pair AUD/CHF has formed double top pattern , so for that reason i think pattern will continue to be completed. Good luck !
It's the weekend but i am seeing another leg up for BTC. If price holds in H4 until London Session, this will be viable. Any thoughts?
Addition to previous analysis from 13 Dec 2024 Executive view I won't delve deeply into the definitions of price movements for KRAKEN:BTCUSD , as an in-depth analysis was already provided in my previous article dated 13 December 2024. You can find the full breakdown here: https://www.tradingview.com/chart/BTCUSD/twZ4IkGZ-Bitcoin-Halving-and-Its-impact-on-price-growth/ In this updated version, I aim to provide a broader perspective on Bitcoin's future price movements and its potential trajectory. If the outlined theory holds true, we are still in the mid-term phase, and the cycle’s top has not yet been reached. I maintain my view that the top for KRAKEN:BTCUSDT could approach $200,000. Disclaimer: Conduct your own research and ensure proper risk management before making any trading decisions.
This is a high flyer! It might not get to the indicated entry, and of course could bounce further than the target.
A retracement followed by a bullish key reversal and an inside bar candle usually a good indication that price would continue higher. Thus next week I'm expecting a higher price for FCPO and TP should be around 5200. However if price failed to move forward beyond the area of 5065 then there is a possibility that price might go lower. For now it is bullish.
My primary count considers that we are currently in Black wave 5, which will wrap up Gray wave 3. I don't expect this next wave to go much further than black 3, and the 20-25 range should offer resistance for the next correction (gray 4). Alternatively, the recent leg down is just black A of a larger ABC correction. This count would still make the overall scenario valid, since Black 1 invalidation is all the way down at 9.25.
i believe a correction is incoming for the short term to test support,be prepared for a 20-30% dip which would be your final opportunity to make a entry THE chart at this time confirms we are still in an abc correction with a c-wave down. thanks for your support.