NZDUSD is a predominantly bullish market. It has created a fallingwedge pattern into a key support level in the market complementing the bullish sentiment of the market. I am bullish on the pair. This is not a trading signal this is my personal opinion based off technicalities.
EURAUD is currently trading at a key level creating both buying opportunities and selling opportunities. it most recently created a falling wedge of the back of a bullish trend. It broke out of the wedge and I am anticipating further buying pressure to complete the pattern mentioned previously.
USDCAD is trading at a key resistance level on the monthly timeframe. As per technical analysis, I am predominantly bearish on the pair. This however is not a signal it is my personal opinion based off technicalities.
GJ just recently breached it's weekly resistance area. Price action looked a little more interesting with the indicators on. Looking for a pullback of some sort and will be looking to short all the way to the next low and monthly support area.
H1 time frame. Structure: Uptrend appears divergence signal. Wait for break key level and sell signal. Target is next support at 42800. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Hello guys, hope you are doing well. Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series". As I have mentioned in the previous idea, I was waiting for ETH to close above 3200 and created new highs confirming the continuation of the uptrend. We were waiting for a buying opportunities at 3160 - 3200. On the 1H timeframe, we can see a...
Salaam Here I share with you the daily chart that I see. 2900 was broken and serves as support now. The violet ascending trend line (coincide with the middle line of the parallel channel) acts as resistance now intersects with 3170 key level. Regarding the price action making 3 candles beside any key levels will lead to a break. So I expect ETH to break 3170 and...
Hello guys, hope you are doing well. Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series". After a massive rally to the upside reaching almost 3200, ETH USDT took a breather to pull back to the previous resistance turned support region of 3000 - 2900 level. I was looking for buying opportunity at this level if I saw a bullish price...
H4 time frame. Structure: Break downtrend, uptrend confirmed. Wait for break Key level and retest at 1.26000 to a safe buy signal. Target is next resistance at 1.28000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Gold is over sold and we can spot a Divergence on a support level at 1760, and MACD is giving a buy signal. i think it may go up until 50-61 Fibonacci levels between (1780-1785) and then go down again or break above the resistance at 1785.
H1 time frame. Structure: Downtrend Break uptrend and key level with H1 time frame. Retest resistance at 1.60000 and down. Wait for confirm and sell signal. Target is next support at 1.59000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
H1 time frame. Structure: Downtrend Break Key level of Correction wave and retest at 1.26200. Wait for confirm downtrend at a smaller time frame and sell signal to trigger order. Target is next support at 1.25000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
H1 time frame. After divergence signal and price hit strong resistance at 41000, BTC made downtrend. Target is support zone at 36000. Wait for bound or break at this price and signal to action after retest. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
H4 time frame. Structure: Uptrend. Break Key level downtrend - retracement. Wait for confirm uptrend and buy signal. Target is next resistance at 1.51000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
SL: 1.18950 (-5.0) | 5 pip stop loss SE: 1.18899 (-0.1) | 0.1 pip slippage TP: 1.18800 (3:1) | 3:1 risk-to-reward
H2 time frame. Structure: Uptrend - Break Key level. Divergence signal at 42500 and fake-out. Wait for sell signal when retracement to 41000. Target is next support at 36000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Sell GBPUSD 1.39000 SL 1.39130 TP1 1.38500 TP2 1.38000 Context: - USD favorited news catalyst for Wednesday's ADP - New Minor Structure downtrend identified Confluence Details: -Trading off key area 1.39000 - H1 0.382 Fib level at 1.38980 (beginning of new trend so expecting strong downside) - H1 20MA dynamic resistance level at 1.39000 - H1 50MA dynamic...
H4 time frame. Structure: Uptrend. Divergence at support 1.48000. Wait for break out key level 1.49000 and confirm signal to buy. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!