As the majority of traders have began showcasing various bearish signals, it is important that at this moment we zoom out of the chart and we observe the longterm pattern that has been created. On the daily chart we can observe a potential Wyckoff Distribution being completed which should continue with a downtrend. As of today, bulls are attempting to break off...
Push to 45k Resistance at 45.5k Double Top Going down to 35k
If gold fails to break the 1880,83 barrier, we may witness a drop to the 1851 and 1831 levels. DISCLAIMER: ((trade based on your own decision )) <>
Daily chart on EURUSD took out liquidity from the top and broke down. There's a high probability for this to continue downwards into discount's FVG. Find a trade setup on 1H or 30 mins LTF when price comes back to retest this OB- Please bear in mind, price could turn before the retest, leaving an FVG- in the process. GLGT.
In the big picture. We can notice the pattern's right shoulder that has not been created properly yet 49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started. When we look at the daily. It is quite...
GBPNZD Sell trade opportunities price is currently running on accumulation zone. I expect that its break on down side and move to next support. When its breakout support level then take a trade 'Always trade with Stop Loss'
CAPITALCOM:ALVD Taking a look at Allianz (ALVD) on the daily chart, we can see that it's reached an all-time high that it hasn't seen since February 2020. Once reaching its peak in February (at the price of approximately 231), it reversed and dropped straight down to 116 in a matter of days. It took two years to recover, and now it is hovering at 231 once...
TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you. Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns ,...
GOLD Sell Trade Opportunity Gold was running on channel area and it was break the support on 27 January and has retest short term Resistance level many times, Overall market is Bearish trend we are expecting it that will not break resistance level. If strong sell Candle Made on Monday H4 time frame so it will be very good Sell Opportunity 'Always Use with Stop Loss'
This is my opinion on BTC/USDT. I go long for Bitcoin after its correction at 39k$ area.
USDCAD trade opportunities This Pair have retest Channel Trend line Support if to market close above the Previous day candle then it will be confirm Bullish setup. Other scenario if close below the support line then waits to retest support area and inter in sell Position. in both scenario have good risk reward opportunities keep eyes on price action setup
**IT IS NOT INVESTMENT ADVICE** Hi guys, It's just a publication for studies of my trade system that I am testing. My projection is a up trend on usd/cad because he does a up trend in short term and struture in long term. I'm looking to buy this pair until it breaks the higher high and higher low in the short term trend (Up trend). I am posting it here just to...
GBPJPY – SPOT GBPJPY: Inside Bar Breakout 4-2-2022 Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter). The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you...
Btc Daily Fib Ret Bitcoin daily chart with fib retracement tool. Simple like that. Enjoy !
GOLD Ready to Breakout Gold currently running in range area its ready to breakout and big movement expecting 75% sell and 25% probability. Don’t inter this setup before confirm breakout see price action setup on small time frame.
We have seen a news release come out on forex factory around NY open about the expected Interest rate decision by the Bank of England. It turns out that it is indeed expected of the BOE to raise interest rates for the second time in a row. This has not occurred since 2004. This is positive news for the EURO as inflation is not necessarily a bad thing. The cost of...
The daily downtrend line is broken, but given the market conditions and especially bitcoin, this break can be fake. If break confirmed and we can enter the previous ascending channel. The range of 0.45 is achievable. Otherwise, a return to the 0.29 area is likely
We are forming a really good pattern on Gold! This breakout is a good one. If we see a reaction it will be a good time to hold gold or take a short. We have a lot of supports and resistances that are touched here.