ive updated my analysis from my recent (AUDJPY) post the lines show my directional bias
SHOWING BULL DIVERGENCE ON BOTH OSCILLATORS ON 4 hr
LRC did pretty well... breaking out of a falling wedge, price followed the arrow to the detail. Cool 33% profits in the bag. Looking for another good re-entry position
Breakout of HUGE Falling Wedge Entry / SL / Target on Chart Decent RR Huge Divergence on RSI too
IF CLOSES ABOVE 19 ON DAILY CHART GO LONG QUICK TGT 20
As expected .. market falling in to fill the gap remaining ..macd and rsi will also show falling market if it falls another 20 points ... it will re-bounce after touching the 9450 level. the fib is a custom made for the market.. -> short position can be taken buy selling OTM calls for the next week ... -> buy only if nifty crosses 10330 level else short each day
Hello traders, I see the price retracing to the area where yesterday I said that it could bounce back up. If this level holds the bearish pressure GBP/USD pair will head towards the inter-range resistance. Wish you all a great day and be safe !
I was initially looking to take sells for this pair until a proper top down analysis indicated a textbook Falling Wedge formation. We will see the price break out of the resistance zone, break horizontal resistance and breakout into a buy.
GBPAUD is trading in falling wedge pattern. It is very near to breakout from that pattern. One can initiate the trade on breakout side for long term with a stop loss, as pair which is very much volatile. If You Like Idea Do Follow/Comment/Like For More Update Note - Trade With Proper Risk Management Thanks
hey gays Falling to 6400 what is your opinion?
EURCAD is trading in a falling wedge pattern and that too at a resistance level of the falling wedge. One can trade on the short side for a few pips on the downside side in EURCAD. Target will be the support line of the falling wedge. If You Like Idea Do Follow/Comment/Like For More Updates Note Trade With Proper Risk Management System
I don't trade WTI crude oil, but this drop is tremendous: from $18 to $4.8 for one day and lowest in 4 decades, just wow. Tomorrow is the expiration of futures. When pullback? Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Watching to see if VIX holds a double bottom. Wedges very often end on double bottoms or double tops (as per a riding wedge). Only using this as a tool to calculate general market sentiment, no positioning for me directly within volatility products currently. Thank you.
we now fall in a range. "indecision time for the markets". we are waiting for a recovery sign or a bad news to shake everything. be careful. Troya was not conquered in a single night
doesnt smell good, the knife is huge. I doesnt have any stats before on tradingview that can show something similar. A monthly red knife full of bear gap in daily. Just a opinion, not a trading advice.
😘😍🥰HELLO, DEAR 👋👋👋 How are you doing? I managed to gain a few kg, trading's so nervous, isn't it? 🤑🤩haha... As for the dollar, I see, that it's trying to fixed after forming of the head and shoulders. IMHO, we can expect a falldown. I advise short, but be careful. first goal 1.092!!!! After that, is better to put stoploss. 🌹Remember, the main thing is not to be...