Bitcoin (BTC/USD) is rising towards the pivot and could potentially reverse from this level to the 1st support. Pivot: 67,226.54 1st Support: 64,695.46 1st Resistance: 68,647.05 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Price is rising towards a resistance level which is a pullback resistance level that lines up with the 127.2% Fibonacci extension and could reverse from this level to our take profit. Entry: 83.05 Why do we like it: There is a pullback resistance level that lines up with the 127.2% Fibonacci extension. Stop loss: 85.05 Why we like it: There is a pullback...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some time ago declined to support 2, which coincided with the support zone and at once rebounded up. EUR some time traded near this level and later broke it, after which reached the trend line. After this, the price rebounded and started to grow inside the wedge,...
The Loonie (USD/CAD) is falling towards the pivot which has been identified as an overlap support and could potentially bounce from this level to the 1st resistance. Pivot: 1.3561 1st Support: 1.3515 1st Resistance: 1.3631 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
Attention Traders, in today's trading session, our focus is on USDCHF, where we anticipate a potential buying opportunity around the 0.90650 zone. USDCHF has exhibited a recent breakout from its downtrend, and it is presently undergoing a corrective phase, edging closer to the retrace area near the 0.90650 zone. From a fundamental perspective, it's crucial to...
GBP/USD is currently at a resistance level which is a pullback resistance and could potential drop from this level to our take profit. Entry: 1.2592 Why we like it: There is a pullback resistance level. Stop loss: 1.2633 Why we like it: There is a pullback resistance level which aligns with the 127.2% Fibonacci extension. Take profit: 1.2530 Why we like...
I'm going to start from the yearly timeframe and work my way down to the monthly, weekly, and lastly the daily timeframe. Here on the yearly timeframe we have price coming into a yearly SIBI a couple of times before displacing down into a yearly Sibi. After which, we have a close above equilibrium, and the subsequent year came up into a yearly Breaker (Body)...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36700 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36700 support and resistance area. Trade safe, Joe.
Some weekly consolidation; Possible yields haven't topped yet. These inflection points lead to weekly and monthly trend changes which I will be looking for a potential spike as momentum shifts back down and rates test the keltner channel mid or upper line. There is also a possibility that rates breakout of the resistance (trend change) of this bullish leg from...
⭕️Wave X Complete, Wave Y Pending. ⭕️Pending Liquidity At Previous High. ⭕️DXY Bullish.
GBPUSD is practically neutral on its 1D technical outlook (RSI = 56.00, MACD = -0.001, ADX = 28.566) and testing the 1D MA50 for the 2nd time since May 3rd. Last time it got rejected emphatically and being exactly on the LH trendline, there is very low risk in selling on the current market price. The target is a little over the S2 level (TP = 1.2220). ## If you...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per our previous analysis, DXY rejected the upper bound of the red channel and traded lower. What's next? 📉 DXY is undergoing a correction phase , trading within the rising channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
After breaking a key support at 105, we can expect a decline to 103.9 for the Dollar Index.
Price is still moving in our predicted direction as we planned in higher timeframes. Here is a medium-risk position. Ps. Leave your comments and thoughts.
Hello again! As you liked the previous analysis and signal, here comes the second one. Please try to be patient and wait for confirmation before entering at the right place. This way, you won't have to place your stop loss far away from the entry point. The most important thing in trading is having a plan and always aiming for the win. However, you should...
The price has been moving downward for some time now and completing the 3rd wave based on Elliot waves theory .. what we see as a spike is more like the price giving out its last sellers .. now needs to correct .. and then continue its way down. I don't think the 5th wave will go down below the 3rd wave, or if it goes, it wouldn't be too much .. we are at the...
The gold (XAU/USD) has just reacted off the pivot which has been identified as an overlap resistance and could drop to the 1st support. Pivot: 2,359.93 1st Support: 2,331.99 1st Resistance: 2,378.45 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined to support line and at once made upward impulse to $2280 support level. Then price broke this level and in a short time rose to $2430 points, breaking $2375 resistance level too. After this, price started to decline inside triangle,...