✅VIX is trading in an uptrend With the pair set to retest The rising support line That confluences with the horizontal one From where I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅
OANDA:AUDUSD AUDUSD has been on the downtrend for the past month. Price has tested the lowest key level of support it has tested over the past 3 years. So I expect a reversal of price to the upside. Wick exhaustion are an added confluence to indicate a change in price action
Lowest RSI since genesis Lowerboud channel hit .786 confluence area Close to accomulation zone
We have no confirmation for a trend reversal in high timeframe! BUT, we do have 3 or more confluences at that miniGP level, which is more than enough to look for a long position, provided reversal indications with PA. dont blindly use high leverage, instead risk less than 5% on this trade. If looking for high leverage go to smaller timeframes and wait for levels...
COINBASE:BTCUSD Right now, we are currently testing a $17,000 - $19,000 weekly candle support on $BTCUSD, while the 14 week RSI oscillator is oversold (<30). I'm hoping that by the close of the weekly candle, the RSI and candle for this week will either: Ex1. Close above the $17-19K support zone AND above 30 RSI or, Ex2. Close below the $17-19K Support zone...
I played this long into earnings in a post back then I had target over 100 (green boxes back around earnings), risk to 35 (red box where it has been trading post earnings). I noted I was hedging the ER and that worked out but I was completely wrong thinking the play was long. Well now UPST shorts are in trouble with a close over 36 it should see explosive upside...
OANDA:AUDUSD AUDUSD broke out of the key level of support,made a retest at 38.2%, made a bearish engulfing candle These confluences give a good bearish setup
Is $ETH about to break to the topside of this ginormous descending wedge? 👀 If so, this would be a great time to punch through that 🛑 Ichimoku Cloud. Tea leaves! 🍂 * Eyes on You by Sara Bareilles plays in the background*
OANDA:GBPUSD GBPUSD testing a resistance level and forming a bearish engulfing candle for a bearish setup
Descending wedge ready for a breakout? Measured move upwards to test the 200 SMA? Which also happens to be the .618 profit zone? Confluence? Could be in the cards. Look out for the red Ichimoku Cloud!
OANDA:GBPUSD GBPUSD testing a strong level of resistance on the DAILY timeframe. On that same resistance level price made a 50% Fibonacci retracement for confluence. I expect a bearish move for the month of June to July on GBPUSD as price fails to break resistance on the DAILY timeframe
OANDA:US30USD US30 made a retracement at 78.6% at a resistance level with wick rejections and a bearish engulfing candle for a short setup.
Almost all our conditions have been met, confirmed that the trend has changed to a downward one by the break of structure which is the previous HL, now waiting for price to retrace to our Point of Interest (POI), then at that point we are looking to enter our SELLS
Expectation is bullish until end of May, then bearish in June to complete corrective wave. Some confluence here using Elliot Wave, Harmonic Patterns, and Gann: Primary EWT count gives recent completion of corrective A, next stop B. The details of this primary count are below: - Impulse began 9/24/2012 (not shown) at 31.17 - Wave 1 completed 3/12/2018 (not shown)...
Shorting GBPUSD - Technicals and Fundamentals in full alignment.
Verizon is certainly one to keep an eye on as it is at the Demand Zone of an Equidistant Channel that happens to be Confluent with a PCZ of a Bullish Bat Harmonic; I'v been watching and waiting a long time for it it for this Confluence Zone to be hit and now that it has i'v just bought 500 shares and am ready to take my chances here.
D1 - Channel 4H- Support & Resistance 1H - Supply & Demand
Doge on the 4 hour time frame, I have identified multiple patterns, (each one is indicated on the chart in different colors.) These patterns have very similar price targets Which makes me more confident in potential success of my trade set ups. Indicators: 200 EMA (red) 50 EMA (green) The 50 EMA is currently holding down the price, but a break above it should...