Introduction I'm starting a new multi-timeframe analysis series and using TradingView to document it. Objective The main objective of this multi-timeframe analysis series is to bring together the knowledge I have gained over the 4+ years of trading, and encourage me to consciously use that knowledge rather than working out of habit and 'instinct' which is so...
Volatility - Retesting recent LOWS. CBoe VIX is going up today and coming into CCI buy zone, good for shorts and better buy entries.
Hi guys, hope you had a nice weekend. At the start of the trading week GBPCAD presents itself with a long opportunity. Price has found a bottom at the weekly Fibonacci level and has closed as a lowtest on friday. We have bearish MACD Divergence and a potential H&S Pattern, however with 5 confluence factors and prime deceleration I will take a position. The stop...
Hi guys, if today's candle closes as a lowtest I will go long on GBPCAD. Overall another B Type Setup with 5 Confluence factors, as shown on the chart. Target, entry and stop will be as shown on the chart. Best wishes and happy trading,
The $TEVA chart just keeps getting better and better.... Quarterly chart is rejecting last 2 major lows with a pinbar with stoch RSI overbought Ideally we bounce here to retest the fibs and form a right shoulder before complete capitulation. If the H&S formation is confirmed $TEVA should head down to levels we haven't seen since the 90's ($10 and below)
Please see annotated chart for details.
Hello traders, price decelerated nicely into the 0.7270 support level, meeting also the bottom trendline of the current bear channel. 50 EMA very far from current price so I see only 0.7350 level as possible resistance. Keeping in mind tomorrow's NFP, I will be ready to catch an upward acceleration. As always wish you good luck!
Buy EURAUD Reasons to buy: - Support-zone at 1.44/1.45 - Double-bottom forming - Lowtest-Doji - Bullish macd-divergence Exit points: 1.48 1.51
Please see annotated chart for details.
Great little naked price action set up on EUR/CHF - Perfect low test candle - Previous low test candle on 4hr chart and already reacting - Testing key support of 1.0900 - Testing Long term bullish trendline from April 2015 - 60% Fibonacci retracement - Looking like a daily close above daily open will happen - With trend Clean targets at 1.10000 and then at...
New long opportunity on EUR/USD after the previous opportunity didn't trigger. Please see annotations on chart for details.
Please see annotated chart. entry - above high of low test bar stop loss - below low of low test bar target - at previous swing high or higher