Played this LINK long yesterday when the markets were looking really bad. Didn't post as I wasn't sure if it was a good idea, turned out quite well. Closed two link trades one which was posted before and one here in profits. Flat for now.
Yesterday my prediction was correct however I did come out of the trade at 3% instead of 7%. Today to me price will continue to go south.
currently waiting for price to break out of the major structure level and respect the next H4 major Level , current structure will placed a buy stop order slightly above of the H1 bearish orderblock later , take profit will be at the next H4 major reversal level and sl will be at the end of the break out candlestick
Wait for the neckline breakout and pivot pullback then go long.
By a long-term look at the chart, the bearish channel is obvious. I think it's soon for EUR to recover! It seems that currently the Fed does not intend to stop the interest rate increase policy. Recent weeks may were just a correction. As long as EURUSD is under 1.07 and over 0.85, this analysis is valid, I consider a little bearish bias in long-term analysis.
While Gold fell yesterday due to interest hike fears and China's economy. I believe the Gold still has more upside. Currently, looking at gold miners ETF. Believe that it might fall to support level ($26 area) and bounce back higher. Aiming for around the $ 30 area.. However, should it break $26, I will exit my trade.
29-11 Daily chart of VEDL1! LTP: 301.80 Pattern (manual) looks like a bullish ascending triangle with neckline at 321.45. Resistance at 321.45 (manual) Support at 295.75 (200 EMA) and 280.45 (manual S&R) I think it is a good buy as the trend (manual and 200 EMA) is bullish.
Possible long opportunity for bitcoin * we are at support, we have taken liquidity. so we could possible get a big move up from here
I can't know if Oil is dying because I cannot see into the future. So what's on the chart? 1- There is a death cross on a daily timeframe which is always a significant event. 2 - The red stepwise line (the ATR) is telling us that there is heavy bear pressure in this market. 3 - Twice price was rejected in 31 days. 4 - Now there is a big struggle at a...
FX:USDCAD I'll look for a retest on the main level 1.35000 and then just trade with the trend i to the upside. My take profit is there because of the fib which you can see better in the 4h view.
It's all on the charts. The Dollar does not like trenches. Zoom into chart for a better view. This is a probabilistic estimate for a 51% chance movement north. That means there is a 49% chance of no direction north. Prediction this is not (because predictions are 100% for occurrence). What this means is that the probability north should be factored into all...
✅EUR_CHF is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CAD is trading along The rising support line and the pair Is about to retest the support So I am bullish biased and I think We will see a bullish rebound Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Here we see the example of The Wyckoff accumulation Method, for now fully formed. Seems that phose A formed. Waiting for long. Target on graphic, but it could change, need to wait till phase B done.
BTC printed massive 2-years falling wedge And no one is talking about it ,we need some more time to spend inside it ,but once price breakout the falling wedge resistance …new bullcycle will start The bottom seems to be located in the confluence between : - target of double top ( bearish patten) - lower trendline of falling wedge According to many indicators We...
₿ Bitcoin will we defend the support zone? ₿ Another Bitcoin update flies in from my side. ₿ As I wrote yesterday we failed to break out above the price of 16700 in which case I did not make any decision to take a position. ₿ We fell on the first support zone set by me. It was determined by the 0.786 level of the entire downward wave from the 2017 peak to the...