this pair is about to go on a run down to around 1.03 levels. there is a nice double top pattern that sets its up nicely along with a highly respected down trend resistance that has continued to hold. i would go short now, it should bounce off of a close support here within the next couple of days, but continue its downward momentum for the coming weeks.
EurGBP has made a nice double top and is currently catching some buyers at the base. Im expecting this pair to breakthrough the neckline, retest the new ceiling and then drop to lows near .84 to complete the pattern. The real watch will be to see whether it will consolidate around its current levels, or immediately make the breakdown because of the strong bears.
Hello! AUDCAD offers as two types of trading opportunities. 1. The first one is almost right away, without any confirmations but with better risk/reward ratio: - We have a break below the counter trendline (bulled from the bodies, because of the large wick from the 3. January, to remove the market noise) and now we retest it which should work as a...
USDSGD HAS APPROACHED A KEY RESISTANCE LEVEL AND THE 1HR CHART IS POTENTIALLY FORMING A HEAD AND SHOULDERS PATTERN. TYPICALLY, WHEN YOU SEE THESE PATTERNS AT KEY RESISTANCE ZONES WE ARE LIKELY TO SEE A REVERSAL. IF PRICE CAN BREAK AND CLOSE THROUGH THE NECKLINE WE CAN LOOK FOR SHORT OPPORTUNITIES.
Hey followers and other TradingView users! Prepare to sell CADCHF on the light-blue area, the criteria: 1. The trend is your friend and You have to search sell opportunities because the latest trend is downwards. 2. The round number should act as resistance at 0.75000 3. Perfect Fibonacci retracement level 62% 4. Weekly trendline retest area after the confirmed...
Anticipating a move up to liquidity to capture stops (stop losses of sellers and buy stops for those who have been following the obvious uptrend) before seeing a price reversal. This opportunity can be planned out as greater than 3:1 reward to risk and may be something we see across other Yen pairs due to the upcoming BOJ fundamentals. This idea however is a...
If 141.14 break smoothly it will continuing till 139.64, unless it's an uptrend. Most probably uptrend will continue till 145.00
USD has started to stall around the $96.00 area and with the US government shutdown continuing we could start to see the effects roll over to the USD. If we see bearish price action here we could look for further USD shorts as price continues to make lower lows and lower highs in line with the downtrend.
Hey followers and other TradingView users! EURCHF approaching the trendline crossing area, possible rejection from there. The current 4H candle is not the best one but You can wait for confirmation from the lower timeframes! Be careful if it flies above the crossing area! If You enjoyed my idea then kill, smash and destroy the "LIKE" button! Thank You for...
Expecting a possible bullish trade setup with a movement of price down towards 1.1385 to then see price rise for the rest of this week. This is for educational purposes and should not substitute as finacial advice!
Hey followers and other TradingView users! If You read and enjoyed my idea then kill, smash, destroy the "LIKE" button or if You are new here, then press the "FOLLOW" button and get instant updates! First of all, I want to show the most important area on the chart. I have mentioned this before but again we are back to test this level. The current...
Hey followers and other TradingView users! If You read and enjoyed my idea, kill the "LIKE" button! Buy criteria around the round number 0.89000: 1. Previous resistance becomes support - role reversal 2. FIB 38% retracement level 3. The round number should act as a support level 4. Higher timeframes important EMA's - 100 & 200 - are in this area and most...
EURCAD, made a double bottom and bounce upwards, at the moment im looking for a pull back ! Red dotted lines are support zones, blue dotted lines are resistance!
entered this trade at the head of the pattern. and i believe head and shoulders is how this one is going to end up playing out. Look to enter short and the right shoulder
Third bounce on support coming up. Looks as though it is going to break out of short term resistance, then i would like it to retouch bottom support and show a bullish candle before going longer on this pair.
i see audnzd dropping down from its current price, retesting a new resistance and then continuing its trend to the downside... confirmation for me will be if the current candle has a large bearish close and then continuation to the next level and potentially further.
Price broke out of the ABC correction counter trend line which is also the neckline of a double bottom pattern. . Price has the potential to move towards the resistance level after it broken out of the correction with an impulsive wave 1-5 and retested the broken structure with an ABC zigzag pattern. . Considering that the price has broken out if the ABC zigzag...
OANDA:EURUSD What I think Is in Consolidation Phase And Breakout Chances In Upcoming Days Pattern Recognised 1)Triangle Pattern 2)Support Line: Uptrend On Daily Charts A breakout above 1.1420 (50-MA) Will be Triangle Pattern Breakout and Strong Support Breakout above 1.1465 will to lead to uptrend till 1.1725