There is a channel on the GOOGL chart, for learning purposes I'm keeping an eye on this to see if it is worth a long scalp. I'm seeing an RSI at 30, it is low but not convincing. There is also a support that is proven a multiple times. It could be worth the risk, these channels show up a lot so if I can see a way to make some safe profit on these they could be...
Looking at this GBPUSD we can see a symmetrical triangle at the 1hr chart. This is considered a continuation pattern, since we formed this triangle after going up. The odds are we will after the triangle as well. If we continue in this pattern I will look for a good entry to long the GBPUSD. I have drawn a descending line on the RSI, that could be helpful when...
It is not the most perfect wedge, but it does have a support and resistance that is tested multiple times. The bearish idea would fit in the downtrend on the weekly since august '18. We're seeing some bearish movement right now so maybe it will break soon, while the wedge is closing in. Keep an eye on it and thanks for reading!
XAUUSD , Forecast on H4: Uptrend -> Swing trade
We can see NZDJPY forming a bearish wedge, with a resistance at this moment there is a good chance we will drop out this wedge. I try to keep an eye on it and will short if the wedge support breaks. Will update it later, Give me some feedback and thanks for reading!
There's a good profit reward on this one: Going to short the EURUSD because I see some rejection at this resistance. With a RSI at almost 80 in combination with this support I think we can achieve a RR 1:3 Thanks for reading and I would appreciate some feedback.
Going for a long scalp here on EURUSD since we tested the support of the drawn channel. The RSI went down to 25 and we can clearly see a bullish pin bar at the 15M. Tight stop again since this one tested the support already. Thank you for reading and feedback is always welcome!
For learning purposes for myself. First time trying a long scalp in the range of this AUDNZD, expecting to try the resistance in this one. I used the pretty tight stop en take profit as in the chart. Thanks for reading and I would appreciate some feedback about your view.
Drawed a descending channel on the EURUSD. I'm thinking this will breakout to test the resistance at 1.148. Please give me some feedback so we can learn from this! Thanks for reading
Looks like the IBM shows us a bearish rising wedge. Definitely something to look out for, let's keep an eye on it if it works and if yes how much drop we could expect. For now I expect some pullback to a support at approximately 115$. Since I'm still learning I'm not trading this. If you feel the same give me some feedback I'm glad to hear from you guys! Give a...
So this is my first published chart work on Trading View. Using the fibonacci tool, I see the price action hit the 0.0% on 11/4 and then spiked close to the -27.0% on 11/7 Then after dropping down to the 61.80% and testing that zone for a couple of days before a spike down to the 78.6% all while pretty much respecting the trend line and counter-trend...
Bitcoin Bitfinex Chart Update Alternative Choice of Updates from now on: Trying to find the best/clearest format and colors for the majority isn't easy. Putting the text all over the chart is annoying for most on Tv and is only done for the benefit of Twitter users where 140 character uploads are ridiculously restrictive for those with a deeper interest in Bitcoin...
Hi. I am completely new to technical analysis and have been learning from other members of the community. This is the first Idea that I have published. I believe that the MACD, RSI, forming of a wedge and trend lines are indicating bullish divergence on Power Ledger. I am really looking for feedback to see if I am doing this correctly. Any thoughts or advice...
I've just started learning Elliott Wave Principal, and learning to count waves, so I'm looking for feedback from anyone with more experience than me.
So the Hardfork is getting closer and closer. BTC will likely drop, but where will it find support? If you look at the trend since July, You'll maybe say that it will find support at about 5000. that's the bottom limit for the long term trend. One more thing that might argue the opposite: BTC will rise right after the Hardfork -> People will maybe trade the new...
I am still learning, and mistakes in the chart can occur. I stopped with putting in Minuette waves in from the Minor wave 5 because i don't wanted it to look messy. i placed it in because it was easier for me to see the following that will come. enjoy. i have a target on 98.050 If you scroll down on my profile and look on the other recently AUDJPY chart i...