Hoping for a retest and bounce of the bullish TL around the 1.13104 mark, if correct i will be going long. Any advice will be greatly appreciated
Hi, I'm new in the business and I'm trying to get some feedback on some basic patterns used to predict the next moves. This is a head and shoulders pattern. It was done in Spanish since it is my first language and my mates don't speak English. The Moving Average is 80 for long term positions, the timeframe used is 1HR and I think it is very simple to...
price action and key levels of structure tell me there will be a short retracement then a short. Have I missed anything? Let me know, thanks. (beginner analysis)
Is this a possible short coming from a bearish resistance trendline? Let me know if you notice something I missed. Thanks
A beginner setup guide to get started with TradingView. EMA, MACD, RSI and Volume Indicator setup, along with custom TradingView settings for Candles, Scales and Background.
Gartley Pattern forming on ETHUSD. Could lead to possible Market Reversal.
-EUR/USD 1h chart shows side way trend within channel -1h and 1d Stoch oscillator have just pass the oversold region -For 1h chart, MA50 and MA200 likely to cross each other, indicate possible change of movement direction -However it is also worth noted that MA50 and MA200 is yet to cross each other for 1d chart -If enter at 1.31610, monitor the movement...
-LAY HONG currently in downtrend channel -Entry Price= 0.41 -Target Price= 0.450, 0.50, 0.535 -Cutloss= 0.40, 0.390
-Currently CCK in downtrend mode with price fluctuate within channel. - Monitor for price breakout from the downtrend channel. -Entry= Above Fibo 0.618 @ 0.835/ 0.84 -Target Price=0.89, 0.95, 1.02 -Cutloss= 0.825
very important at first which parameters you want to use. 10 minutes video with live education
price has already retraced and has started to push down and according to my basic analysis it should continue to push down
You can see the triangle fits last turnzones pretty straight, coming zones (red or green) are standard triangle technique based and show you higher probabilitys for either of possible scenarios. Happy Trading!
there can be two outcomes to this one it could hit the bottom S/R and go to the top or rise all the way up to the resistance and break through or bounce back.
I have two scenarios in the works on EURAUD and this is their description. I am not in any position yet, but I will be searching for a good entry to long. There might be an opportunity for a little short as well, until we have a good opportunity for a proper long position.
ZEC is looking great, symetrical triangle with no hidden bearish or bullish divergence. How are you able to profit of this trade? Just follow the price! Look for a bearish or bullish breakout, its a very easy TA to do for beginners. Keep an eye open, if the volume increases and a breakout is happening, short or long, depending on the side of the breakout. I also...
I am still a novice trader and welcome any and all constructive criticism. I have been waiting for XVG to end its decline and see where it goes due to its somewhat controversial status (pump and dump or not). I was hoping to ride a short term trend for some smaller sized profits but missed my entry. I am now going to exercise patience and wait until the price...