Hello, From the daily chart, we can see the price is moving in a downtrend, it then broke and closed below the support level. In 1H, the price formed descending channel in which the price is bouncing within the range. If the price manages to break past the channel and make a bullish fakeout to retest the daily resistance level, I will short the pair upon...
Yesterday EURUSD managed to breakout 1,1000 and tested the previous top. We expect the uptrend to continue, additional confirmation will be breakout of 1,1074. The next resistance levels are 1,1154 and 1,1274. Upon decline below 1,0900 the scenario breaks down.
EURUSD continues its sideways movement and holds below 1.1000. To enter a trade we need a breakout and a test. This will confirm the rise and allow buys to be sought. On a dip below 1.0900 the bullish scenario breaks down!
Despite the current bullish trend in GBPAUD, the market is showing signs of a potential shorting opportunity on the 5-0 pattern, with the 3-bar reversal pattern. This presents a unique trading opportunity for aggressive traders to engage in a short-term trade at 1.8577, with a stop loss set above 1.8605 and an appropriate buffer. What's even more enticing about...
trade based on shooting star candle and pattern formation along with downtrend formation.
AUDUSD Aggressive buying opportunity, this trade has a single target with the dotted blue line as our Safe House. Once the market reach that level, it gives us a consideration to shift stops to entry.
Listen up, traders! Are you limiting your potential profits by only engaging in one trade at a time? Don't fall into the trap of thinking that just because you're long on AUDUSD, you can't also engage in a short trade on GBPAUD. I've been charting and trading for 18 years and let me tell you, sometimes the nicest setup doesn't always give us the best returns....
It's time to play some Candlestick Chart In 1H TF we can see 3 specified candles, in case we see close above good sight for bulls, in the opposed site bears will still be in control
Yesterday EURUSD rose and recovered the drop from Monday. We’re looking at buy entry aiming breakout of 1,1074. For the upswing to be valid, the previous lows must not be crossed. We will get additional confirmation upon closing above 1,1000. The next resistance level is at 1,1275.
This has been highly dependable stock since last 1 month. When benchmark Index "Nifty" fell by 500 points, this stock was rock solid holding its swing high level & stayed in the range of just 20 points. This is my Necklace Pattern stock it will be interesting to see how story unfolds when it reaches its previous swing highs.
This stock looks like re-claiming its high on weekly TF. Steady gains on daily basis continued with conviction suggest its move! There is a small hurdle of 150 & then it may see crossing its high 158 soon. This is not a buy suggestion, its only for education purpose!
Yesterday EURUSD hit the expected levels of 1.0915 and held. We are likely to see another drop towards 1.0850, again watching for a run-out and reversal. On reaching the support and retracement area we will look for buys with a target of 1.1070! As long as we are above 1.0830 this is the more likely direction and we will be looking for confirmation of an entry.
Friday's USD news had an impact and EURUSD is once again trading below 1.1000. We will now monitor how it continues as we have determined the important levels from which to expect a reaction. Important resistance levels are around 1.1017! In the short term we will watch for the possibility of a decline towards 1.0915. As the movement runs out and pushes back...
If the Bearish Bat Pattern on the daily chart is not good enough for you(link within tradingview). The 1-hourly chart Bearish Crab Pattern would be a great setup for you. The completion point is at 134.24 and provides you with a shorting opportunity. You have to wait for candlestick pattern confirmation before engaging in the trade. Trend Traders could wait for...
The Big Short came in on the Weekly Chart with a Triple Top RSI Divergence. Currently, there isn't any opportunity for me to engage in the shorting opportunity. While waiting for a tested strategy like the Bearish 5-0pattern to appear, I will look out for other trading opportunity like buying on the demand zone or a Bullish Shark Pattern in taking the...
An ascending triangle breakout is excellent for breakout traders and trend traders looking for buying opportunity at 1.0959 for a buying opportunity. Alternatively, the trendline work just fine.
Yesterday EURUSD broke the resistance of 1,1000 and is now trade at levels around 1,1070. 1,1000 already act as a support level and upon a test and pullback, buys may be sought. There is no good risk to reward ratio for buys at current levels. The next resistance levels are at 1,1160 and 1,1274.
• TSLA stock is trying to do a bullish reaction, after yesterday’s crash, but it is still under important resistance levels; • As long as TSLA remains under the 21 ema + 186 (red line), no bullish scenario will materialize; • Only if TSLA breaks these resistance levels we might see something new, otherwise, the bearish sentiment will persist and in this scenario,...