My analysis still stands; I'm waiting for a buying opportunity within the USDJPY trading setup. An AB=CD pattern setup would be completing at 133.43. I need a reversal confirmation for this short to mid-term buying opportunity.
BITSTAMP:BTCUSD has been trading in a downtrend for quite a while and had many investors worried. It is still in an overall downtrend but looking at lower timeframe, it seems to have stalled for now and looks like it could make a short upside move if it succeeds in breaking the resistance level. On a daily timeframe, price is consolidating near the resistance...
Welcome back! Let me know your thoughts in the comments! **AUDJPY 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 straight...
Gold may continue to correct on Monday and Tuesday until 0.5 or 0.618 levels and give mid week reversal later. In 1730 area lies a promising chance for this bullish trend to continue. My overall TP is the supply zone of approx. 1795-1803. From there we will see... Below 1700 I will revise my view.
RSI divergence Demand Zone Wedge breakout + retest Earning 12/02/2022 Est. 0.42 Entry 43.5 Stop 39 Target 56, 75 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Hello everyone! Gold seems to create another daily impulse on this uptrend, after retesting the EMAs and the previous resistance turned in support now. The price action is bullish on 4H and W as well, closing above the EMAs on all timeframes and retesting the previous resistance on 4H. Another confluence factor is the MACD indicator which also indicates a bullish...
Drawing volume profile on the given trend gives us HVN's to consider as buying zones. our first HVN is marked with blue rectangle in addition to that we can see base candles there." if you are familiar with RTM terminology." So that level could be a valid long zone. Second zone is our POC level which still could be a valid long zone. Be Sure to watch for news...
Crypto Market Cap ( TOTAL CRYPTOCAP) works hand in hand with the next GOLD: the one and only king Bitcoin (BTCUSD). In the Bullish Idea I posted for BTC, I was saying that BTCUSD will start flying to $250K and + , once the Supply Zone at $10K is met. Bitcoin Weekly: TOTAL (Crypto Market Cap) has the same pattern. So, no matter how many coins and tokens are...
INJ in the shot term is looking to fill the orange imbalance/footprint areas. Using tight stops in case these areas fall through suddenly. like in footprint one where price has already reacted twice off of that level so should that support fail, footprint 2 should offer support and a short term bounce back up into footprint 1 area.
Hello everyone 💙 When is the best time to invest in crypto? After full targeted pervious analysis it's a good time for add a new analysis for the next move. There is a high probability that the Bitcoin will fall further. I think Bitcoin's price could still hit $10k - $12.4k zone. After hit the zone, it's a good time to invest in crypto for long term. There are...
EURGBP can trade at 0.86905 looking at the current pattern that has been presented
Welcome back! Let me know your thoughts in the comments! **EURAUD 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 straight...
G'day, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones. This is tagged Long due to the overall monthly demand in control, until the opportunity of a rejection of the PCP has occurred...
A Bullish Gartley Pattern on the daily chart conflicted with the Key Resistance Level at the 4-hourly chart. This is when experienced and rule-based trading becomes handy. With all my filters and experience, the Gartley Pattern has a better chance of being a profitable setup. 103.42 would be a better fill for the trading setup.
You have seen how the Fib Extension work in an amazing manner(check out related ideas within the tradingview post USDJPY - Fib Extension) it will allow you to capture 149pips of profit just by doing that. My analysis on USDJPY remains bullish; one of the most aggressive engagements is to wait for the market to retest on the trendline; the stop should go below the...
One of the ways to engage in a buying opportunity on USDJPY is by using the Fibonacci Extension, in this case, the setup is completing at 138.02 within the buy zone and not violating the double bottom pull-back. A 3-bar reversal at the level is the minimum I'm waiting for.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Demand zone mark areas in this pattern , where the market would accumulate buy orders to become bullish.Here on the off chance that the purchase orders insufficient for the bullish pattern then it will be opposite from bull pattern. If you like my ideas then do support...
G'day, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones. This is tagged Long due to the overall monthly demand in control, until the opportunity of a rejection of the PCP has occurred...