The AUDUSD pair has reached a support level, with a divergence appearing on momentum indicators. This could lead to a corrective movement, with a retest of the channel it escaped from, the 100 and 200 moving averages for the 4-hour timeframe, and the Fibonacci level of 38.20% around 0.66630. The price is then expected to drop towards 0.6550. Please share your...
Currently, my primary focus is on the gold market, and I am patiently awaiting a potential breakout from its current channel. Such a move would provide valuable insights into the future direction of gold prices. However, I am also keeping a close eye on other market indicators, such as gold miners, to gain a more comprehensive understanding of the market...
Hey Traders 💖 On The Daily Time Frame The CADCHF Price Reached a Strong Support Level ! The Price Formed a Descending Channel 📉 Currently, The Resistance Line of the channel is Broken 🔥 so, I Expect a Bullish Move --------- TARGET: 0.67700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
In this video i am talking about triangle breakout and targets. What do you think about this triangle breakout. Feel free to leave a comment. If you like my ideas please follow me and like the post because you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading. Thanks for wathing. BTC TO THE MOON!!!
Waiting to see if GBPNZD can break out of the channel or will it fake out
The AUDUSD currency pair has exhibited a recent uptrend within the M30 bullish channel, presenting favorable opportunities for range trading. However, a bearish breakout occurred below the lower boundary of the aforementioned bullish channel at 0.66620. This event was followed by the pair’s breach of a key support zone at the psychological level of 0.6650,...
Welcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBPUSD rising in this channel with a triple strong bounce on the top and two on the bottom and now struggling with the 3th bounce on the bottom of the channel, while price hit a historical supply and seems to have double topped into it. So if the struggle keeps going and price breaks down the channel, while taking out some local bottom wicks, it might offer a nice...
In this chart ( AUDUSD ), we see a disconnected channel pattern that will probably break upwards. In the lower time frame, we see a flag pattern that has the ability to continue based on the current momentum. Of course, we have to wait until this channel breaks apart and then make a decision. wait my friend...
We have a parallel channel in the 4-hour time frame and a flag pattern in the lower time frame, which is currently strongly broken and the flag pattern will be broken soon. Having said that, we will wait for the euro to gain strength against the pound.
downside breakout of channel > return move > rejection off channel bottom. PT is ~$16. A close above $31 would invalidate
ORNUSDT Technical analysis update Buy zone: Below $1.19 Stop loss : $1.03 Take Profit 1: $1.35 Take Profit 2: $1.55 Take Profit 3 : $1.89 Take Profit 4 : $2.15 Spot trade Always keep stop loss Thanks Hexa
Using Parallel Channels in BTC/USDT Chart in Weekly time frame.
OANDA:CHFJPY HI , TRADER'S .. OUR PREVIOUS BUY SETUP REACHED TARGET . NOW MARKET IS IN BULLISH TREND , AND 20,50,200 EMA SUPPORTING MARKET From current price of 144.90 if buyer's push the market up than weekly target will be 147.50 area Price is in Channel Up until unless market breakout channel up at downside , there is is a fair chance of last leg up ....
Channel breakdown, I'm entering aggressive, can wait for retrace for extra assurance.
YFI is attempting to break out of its weekly channel for the 2nd time, last time it failed but has since kept pushing on it. Let's see if we get an actual breakout this time. First need to see it get and hold above the 200 day EMA, then targets come into play. Otherwise lose the top of the channel and it may either push for a 3rd attempt, or it could swing...
on XAG WEEKLY TIMEFRAME, i can spot a bearish channel after a trend reversal , we will wait for a for a bullish breakout of the channel to continue the reversed trend been uptrend. if there is a breakout from the downside then we must look out for fundamentals impacts and fake outs.
USDJPY seems to be losing some STEAM on this current uptrend, which is to be expected as we have gained some significant value and rather quickly since USDJPY hit its bottom around the 128 area. Multiple tests of the upper channel trend line, and a consolidation of the price action give clues to the next move. A retracement and retest of the BOTTOM CHANNEL...