Good Day Everyone On the EURO / YEN the pair is currently holding the descending channel structure as the market closes, looking for continuation of the trend on the pair in this coming week. The pair is currently trading in a bearish flag formation when scaling down a little which could signal continuation with the trend should RESISTANCE LEVEL 125.066...
2 weeks ago this pair broke the weekly resistance level (now support) my overall bias for this long term (for now atleast) is long, however, with the price action weakening more and more, and the pair approaching a daily level, i will be looking for confirmations of a short. MACD shows us weakening of the rally through each push higher across both the HISTO & the...
This market seems to be in a triangular pattern, (in purple) waiting to hit the area around the 4H Trend line (higher blue trend line) or the D1 Trend line (Higher brown trend line) I didn’t manage to spot any resistance or support levels higher than the ones identified on this screenshot, however, there are other zones identified using the weekly...
We confirmed the weekly uptrend yesterday! This is my roadmap on the daily chart for the coming months. It's very possible all of this might play out faster than I charted because in 2015 when BTC confirmed the weekly uptrend it went up 50% in 3 days. GL trading!
BTC is looking very likely to confirm the weekly uptrend today. First 2 targets are shown in the blue boxes. Target 1: 13488.49 - 13868.44 Target 2: 15935.90 -16174.22 After that prepare for ATHs. GL trading!
USDCAD at a key level in this pattern, we'll see if it breaks below or continues the pattern long term before trading the breakout or continuation (making a buy or sell)
XRP Price Action In 2020 Breakout of multi-year wedge Diagonal Resistance Line Turns Support Price Accumulates below the Long term resistance near .20 then breaks out. Moving averages looking parabolic but RSI nearing the top on the higher timeframes. Lot of you hate on XRP & thats cool. At this point I think it's a choice to ignore how integrated...
CHFJPY is showing bullish dominance. However, we could see a head and shoulder formation to occur- something to look out for if you're planning on buying. Short term profit if head and shoulders pattern is created. Otherwise, buying longterm will reap rewards. imo of course, NAFA***
I was expecting a fall this week for this pair but it seems like it might keep going up. I will keep an eye on this for confirmation before entering again. That sell there was for last week so don't follow it. It might not go down any longer but will go up. Only confirmation can give us where to enter this coming week. For accurate entries, exit, SL, and TP send...
Are any other Sydney session traders seeing a break-through for a buy after doing some technical analysis? How did you come to your conclusion
XPTUSD (PLATNIUM) Possible Head and Shoulders Reversal Pattern Long Period Of Consolidation Wait for a break of this current consolidation and enter at the Head which is at 910.00 or wait for the confirmation of the Right Shoulder Patience , let's see what price does
ITCB was a juicy stock for day-traders just two days ago, with a huge gap-up leading to a large spike in volume from speculative momentum-based day-traders entering the market for this stock. After this, price retraced partially but showed signs of a falling wedge forming which ended up causing a break-out with confirmation by bouncing off of a recent level of...
Good day, snipers. Here in the GBP/CHF, we previously broke through a minor area of resistance and now turned it as support and is also the 38.2 Fib level. With these three combined, I am looking for a bullish signal then that bulls have stepped into the market in order to achieve a confirmation and a better risk : reward ratio Follow me on tradingview for more...
After the finish of the butterfly harmonic pattern and the big touches of the strong resistance, we can expect a high sell signal tomorrow after the volume confirmation, so be prepared for it, and the VWAP breakout may come secondly, The volume confirmation is very indispensable to confirm our sell signal, so you MUST MUST MUST wait for it, Thanks for watching...
We should wait for the perfect confirmation to sell the market ASAP Please share with me your thoughts Thanks for watching
on DAILY: EURTRY is sitting around a strong supply zone in green so we will be looking for objective sell setups on lower timeframes. on H1: EURTRY formed a head and shoulders pattern so we are waiting for a momentum candle close below its neckline to sell. (conservative) Moreover, we are waiting for a new swing to form around our lower red trendline and then...