Price action and daily timeframe analysis. Bullish and bearish scenarios explained.
Support and resistance are points on a chart where the probabilities favor at least a temporary halt in the prevailing trend. Support is experienced when demand concentrates around a zone as price is in a downtrend and price finds it difficult to break below that zone. This is because traders have placed a high number of buy orders at the zone, preventing prices...
Let's recall my previous TA ideas and more 👇🏻👇🏻👇🏻 T oday we are talking about channels. Come on💪🏻 Technical analysis defines a “channel” as a corridor in which a price chart moves limited by the support line below and the resistance line above. There are three types of channels: 📌bullish channel 📌bearish channel 📌sideway or range (flat,...
Hi, guys! 👋🏻👋🏻👋🏻We continue introduce newcomers with technical analysis and repeat the TA with “oldones”. 😆😆😆 🙌🏻Today we’ll talk about support and resistance levels. Let's go💪🏻 The resistance and support lines are the foundation of the classic technical analysis. All trend lines, models and figures are just combinations of resistance and...
GBP/JPY BUY IDEA - MADE OVER 182 pips in less than an hour! As you can see in the chart price bounced back from major support zone and push up with a strong momentum. Waited for price to pull back to gold zone and place a buy at new support zone for a total of 182 pips profit! If you have an questions feel free to reach out. You can find me on Instagram at:...
The Beauty of patience in forex trading! Price Went back to restest the 1H Range, I was looking to buy around restest, But no Always patience. Even at Retests, Look for confluences to enter long or short. - THINK TWICE BEFORE PULLING THE TRIGGER! What price Did eventually went down to the bottom of the range and broke it towards downside. Why it went...
follow me for more ideas till next Bitcoin halving. each and every entry exit point. PM me if you are in loss and want some advice . let me start boring discussion. ( but it’s very important ). as we know only 14 days left till the next historic halving event. We need to keep watching every move. as you can see crucial levels starting from supports 6500 , ...
$LTO breakout ascending triangle on LTF - I expect a higher levels.
👋🏻👋🏻Hello friends, we continue study together ❤❤ And we look further at the technical analysis.👌🏻 Today we'll analyze the main methods of technical analysis. You can choose for yourself the most convenient. Further, we'll consider in more detail each of them) LET"S Go)🚀🚀🚀 Graphical technical analysis is the analysis of various market...
Beginner Technical Analysis 101 - Support and Resistance. When you are first learning to trade, the charts can seem very daunting. I wanted to share with you a quick lesson in market structure that will help you understand a few things. You know how you don't see any nice cars around until you buy a nice car, and then they are everywhere? Actually they were...
Credit goes to Brian Beamish of "The Rational Investor" for this analysis
Credit goes to Brian Beamish of "The Rational Investor" for this analysis
Simple strategy using: Simple Moving Average: 70, High Simple Moving Average: 70, Low Simple Moving Average: 70, Close Momentum: 34, Close ADX w/ +DM & -DM: 14, Threshold 20 We use the Simple Moving Averages channel to determine if we have a Long or Short Signal. The Momentum indicator is used as a confirmation indicator to confirm if we have a...
Hello guys! In next 10 min I will teach you how to make TA! Really simple steps to create your TA. 4 useful tools to build your TA: -Trend Line -Head and Shoulders -Levels -Fibonacci ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my...
hey guys, reading news outlets and ideas on tradingview, the forecasts are all bullish right now! people are urged to buy from any level based on the fundamental news. be very careful! though we truly see a dramatic shift and strong bullish rally this week, don't forget that technically the trend remains bearish! moreover, currently, the price is trading on...
An almost immediate bounce out of the supply zone yesterday indicates buyers are still in control No trade zone yet waiting for more conformation. Looks to me like this could be a temporary consolidation zone. before we head back up to supply 1hr chart XBTUSD love to hear you thoughts guys. follow me for more Bitmex TA linktr.ee/tennillewalsh
Short Trade by GBPJPY Pair Follow me and check my results in: de.zulutrade.com