Ready to BUY AUDUSD. BUY entry will probably trigger after 4pm central time, so entry will be update at that time.
Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD The USDCAD formed a confirmed bearish head and shoulder pattern, for me this is a valid reversal head and shoulder pattern ;), since we have a confirmed break out of the neckline I am only looking for a sell entry now. As you can see on my chart, i am looking to sell at the right shoulder...
Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD The USDCAD might be providing a buy entry at previous structure support soon, we can wait for a reversal pattern like the double bottom on the lower time frame to use as a reason to get in a buy entry. if the market doesn't provide a reason to get in buy at the first level, I will still be...
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . HDFCLIFE on daily it is trying to start uptrend from daily support zone and in 1 hour chart it has made ascending channel and currently it has come at the demand area so from this zone buying...
The price is sandwiched between two inclined levels. Rebound from lower support around 1652 to resistance around 1663 is expected! If you liked the forecast, I will be glad to see your likes!
Sorry for the background noise... I'm watching to see a bit more rejection and the next possible leg down to continue a bit of weakness.. for now anyway!
Hello Traders, here's a chart of the UsOil and right now i'm keeping a bullish bias. Here are my reasons: - Daily timeframe Break of structure - H4 bullish impulse and correction into our demand zone -Demand zone tallying with the 61.8 fib level -Double bottom at demand zone/fib zone confluence. I'm putting all these things together from a technical analysis...
Still not in a short position but was expecting to see this push down. Just thought id break it down and show the next couple areas I'm interested in, long term I see the trend continuing but ill be looking for longs on the retracement just in case.. always remember to trade with a plan and stick to it!
Price on USDCAD is struggling to break above the resistance of 1.38000, with price looking weak again on the forth rejection. This is creating a right shoulder for a head and shoulders on the 4hr and daily chart. Strength coming back into the USD but the Canadian dollar holding ground for now. Ill be entering shorts with stops tight above the last few rejections...
As always make sure stops are at break even if you took buy trades, price is in an area of 2 key levels as highlighted and can do anything from here... (create a right shoulder for a short) or ( continue long term continuation to the upside). I believe price will be slow and will be waiting for a reaction to the fundamentals before giving a clear direction!
Looking for price to make a continuation hopefully off the back of some USD strength, as I've covered fundamentals can change things very quick but if you can get a position before anything affects the market you can give yourself the opportunity to catch huge moves! Trade smart and keep on top of your risk management! good luck
Hey everyone please let me know your thoughts in the comments.. I'm staying clear of USDCAD until be get a bit more direction so next week ill update if I'm looking at taking positions.
GBPJPY The price, after a big bearish move is back above the support/resistance area, after a correction/pullback towards the support if price holds above the support I expect the price to move higher... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to...
we formed a triangle last Friday , now we have one critical level to confirm the breakout and going towards the 16.20$+, which is breaking the 12.51$+ resistant. cause if we didn't had that reaction and broke the triangle from below we going to have a visit for the support above the 8.24$, and the bottom above the 6.50$ , if we didn't hold above support level .
Analysis of #EURUSD The EURUSD formed a trend continuation pattern as you can see on my chart, usually, this flag pattern indicates the market will continue to the downside, so think twice before buying the EURUSD. The optimal entry was at 1.0015, but the fed was still speaking, and no way I could have got in this trade. the second way to get in this trade...
Analysis of #NZDUSD Another Idea I am watching this week, is the NZDUSD, as you can see the market broke its structure support level and the worst performing pair on Friday, I expect the market to keep falling to test the lows where I think we will have a bullish reaction. The last time the market was near this structure support level it did rally more than...
Diary OBV divergence with LTA and forming a Rising Wedge. I think it's gonna form a double bottom touching in the weekly LTB of the Huge falling wedge about 17k.
we will have our breakout above the 0.000014 resistant , after we continue holding above our current ascending liner support , and after the breakout from our resistant , we will have 2 profit taking , first around the 0.000017$ , and second around the 0.00002160$ levels . BINANCE:SHIBUSDT