This chart shows a sideways phase which is a non-trending phase.
USD/CAD, it's nice to see a strong buying reaction at the price of 1.35630. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The Weekly POC and high...
USDCNH is caught up in a tightening triangle, but bullish RSI divergence indicated a higher probability of a break to the upside. Partial targets are shown in orange.
GBP/USD , it's nice to see a strong buying reaction at the price of 1.25900. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The Strong rejection...
EUR/USD, it's nice to see a strong buying reaction at the price of 1.08005. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The Strong rejection of...
Analysis: - Trading Setup: Bearish Fib-3 Bat Retest - Entry Zone: Identified at Bearish Bat Retest or Key Resistance Zone - Signal Confirmation: Supported by RSI Divergence - Trading Expectation: Expect potential stop-outs on lower time frames Trade Plan: - Short Opportunity: Aggressive traders may consider shorting USDJPY at the identified retest zone...
Dear Traders, As we delve into today's trading session, our attention is squarely fixed on USDCAD, where a compelling buying opportunity may emerge around the 1.35750 zone. Within the realm of USDCAD's current uptrend, we're witnessing a notable correction phase, drawing the pair closer to the critical support and resistance juncture at 1.35750. This juncture...
one of the better looks asset this week Daily - Looking good for longs. if price pulls back to POC and gets absorbed, all the better. Origin - same here. long is the way to go on GJ this week. if price drops to **191.423 - 190.773** zone and gets absorbed, it'll be a great place to enter long position.
Daily - Looks good for shorts. although looked extended, the movement during today's Asia session made it good enough for continuation plays. Origin - similar bias to daily. this here looks good for shorts. so if I get an opportunity, I will enter short position on EA. if price pulls back to POC and gets rejected from there, it'll be better.
For the last two weeks, USD/JPY has been behaving range-bound, bouncing between support at 150.90 and resistance around 152.00. This implies that a phase of consolidation has begun. In light of this, traders seeking insight on the near-term outlook should watch for either a breakout at 152.00 or a collapse at 150.90. If there is a positive breakout, there will be...
SELL EURCHF for trend reversal update SELL EURCHF NOW ✅ STOP LOSS : 0.9848 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 From a long-term perspective , CADCHF has been overall bearish, trading within the falling channel in red. 📈 From a medium-term perspective, CADCHF is in a correction phase trading within the rising wedge pattern in blue. 🏹 The highlighted red circle is a strong area to...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bearish , trading within the falling wedge pattern in red. Currently, EURUSD is approaching the upper bound of the wedge acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone at 1.088 marked in green. 🏹 Thus,...
SELL CADCHF for trend reversal update SELL CADCHF NOW ✅ STOP LOSS : 0.6682 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a...
The GBPNZD pair gave us a strong buy signal last time we called on it (January 05 2024, see chart below) and even broke above the former Channel Down pattern: The trend transitioned into an Inverse Head and Shoulders (IH&S) and recently broke above its top. It has formed the first 1D Golden Cross in 1 year (since March 27 2023), so on the long-term we have...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 191.92, which is a pullback resistance that aligns with the 78.6% Fibo retracement. Our take profit will be at 191.33, an overlap support level. The stop loss will be placed at 192.31, above a swing-high resistance level High Risk Investment Warning Trading...
SELL USDCHF for trend reversal update SELL USDCHF NOW ✅ STOP LOSS : 0.9095 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a...