#ETHUSD reached yellow resistance line. And we got 2 signs of weakness 1) After a fake penetration of yellow line, #ETH market started to act weaker than Total Crypto Index (Blue area). This is confirmation of the weakness concentrated around 155. ...

The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

BTCUSD overview

How To Read Signals From A Chart

What is important in the recent BTCUSD Head-and-Shoulders pattern image Many traders noted reversed SHS pattern on the BTCUSD market. But what is important. Study the price/volume on downwaves 1 and 2. 1st down-wave has 40 ticks progress 13k ...

BTCUSD daily price action

image EURGBP 4h has been trending in the downward direction (blue channel trend-lines) In such conditions, placing shorts having more odds to bring profits. Especially, if you open short around the top resistance line. Let's switch to a faster ...

EURGBP

image EURGBP 4h has been trending in the downward direction (blue channel trend-lines) In such conditions, placing shorts having more odds to bring profits. Especially, if you open short around the top resistance line. Let's switch to a faster ...

How To Read Signals From A Chart

Check this brent oil chart reading

How To Read Signals From A Chart

Brent Oil overview Let’s start reading in the first half of November. I plot the orange range lines from 06/high and 08/low 1- SLKT (Trap for breakout bulls) 2- SLKB (Trap for breakdown bears) Since that time we got a bullish rally. Let’ study its ...

WTI Crude Oil Trading

The Market is the Ultimate Machine for making Losers 1) This down wave with breaking down below the 22/Nov low attracted a new portion of sellers. "OMG! BTC is going to hell, I need short this right now!" Where that portion of bears tends to put ...

How To Read Signals From A Chart

The Market is the Ultimate Machine for making Losers 1) This down wave with breaking down below the 22/Nov low attracted a new portion of sellers. "OMG! BTC is going to hell, I need short this right now!" Where that portion of bears tends to put ...

BTCUSD daily price action

Don't miss this NZDUSD review

How To Read Signals From A Chart

NZDUSD is vulnerable to (short-term) breakdown Here is NZDUSD market. From first sight, it is clear that the market is moving sideways. It has a balance between buyers and sellers. How to trade the sideways market? Short from Highs, Buy from ...

NZD/USD

I answered you in PM that buying is risky and here is why. 1) SLKT 2) Huge volume wide-bar with closing on the very low. It looks like the market knocked out sellers by triggering their SLs and prepared for down move. 3) SB and a start of expected ...

How To Read Signals From A Chart

Check this BTCUSD chart reading example url

How To Read Signals From A Chart

In the previous post about BTC I wrote: Note point 3. This is a potential SLKB under 7100. Watch for Demand-Bar on faster TF in order to join the Bullish Team in short-term perspective. Let’s look the chart. After that point №3, market moved some ...

BTCUSD daily price action

In the previous post about #BTC I mentioned that: the most recent Trap was made for Bears, not for Bulls After that publication, I got a questions about difference between the traps for Bulls and bears. Let me clarify my thought. Trap for Bulls: ...

How To Read Signals From A Chart

Here is the link to BTCUSD chart reading

How To Read Signals From A Chart

In the previous posts about BTCUSD I stated a target 7300 for the down-move (the minor low before "good-news" from China). Bears outperformed my objective as price penetrated 7k. Why did I point 7.3 as target? Because too many SLs were placed there. ...

The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

Rushi asked me to analyze 4h CADJPY. I switched to 1D because: - It did take much time to begin answering - 1D TF is telling more clear and important story. I noted the key signs on chart. As you can read from the chart, we have: - zone of strength ...

How To Read Signals From A Chart

Answered via PM as moderators can interpret my link as the commercial

How To Read Signals From A Chart

Don't miss this GBPUSD chart reading example

How To Read Signals From A Chart