Consider selling USDJPY based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
Price is finally breaking through the range by making clear H's & L's, i would be waiting for Intraday Sell opportunities after the clean exhaustion on 1h TF and the target would be around 0.66520
We can clearly see in this chart that the price has reached the upper boundary of a bullish channel, where it would encounter selling pressure. As a result of this selling pressure, the price on Friday, January 12th, formed a bearish impulsive candle. Following this candle, it managed to break below the short-term bullish trendline that the price had respected in...
#MATIC #Polygon #Final #Update #Wychoff #Distribution #Eddy (("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are...
G'day, Firstly, welcome back to 2024. It's been a good start with some great consolidative moves within trading ranges, but now let's see the longer term movements for this pair of focus. GBP JPY. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading...
EURUSD 4H chart Inverse H&S producing a breakout Additional confluences: - Bullish market structure, the price is forming the pattern around the support range fro m the previous major high points - Head of the inverse H&S pouncing from the 0.618 Fib - MACD produced a Bullish cross a while back and now it's providing bullish continuation - Price bounced from...
On the 4H chart for the AUDUSD we are getting a symetrical triangle Since the end of October we can observe a well defined Bullish market structure ( orange line ) which indicate an up trend. After the price created the last major high point, now it corrected down to the previous major high where it's hitting the support range created from it. For higher success...
On the 4H chart for the GBPUSD we are getting a symetrical triangle Since the end of October we can observe a well defined Bullish market structure ( orange line ) which indicate an up trend For higher success ratio, you are looking for a breakout to the up side from the chart pattern as it will align with the general trend Additional factors to take in...
Johnny Seville here with your daily dose of Smart Money Trading insights. Today, we're dissecting the S&P situation – specifically, the potential short-term head and shoulder pattern that's been developing. Intriguing, right? Let's get into it! The S&P has been giving off some fascinating signals lately. **We've fallen off the 2022 high and are now potentially...
Hello Traders, On GBP/AUD price retraced to the IRL which is the weekly FVG, indicating potential bearish movement toward the ERL at 1.8588. However, I'll wait for a clear shift in market structure on the 4 hour chart before considering a trade, aiming to enter during the second phase of the distribution pattern to reach the target.
As BTC gears up for a significant shift, historical trends suggest a liquidity migration from altcoins to BTC. Yesterday's data and a thorough BTC scenario analysis lean towards a 'buy the news' stance, supported by bullish indicators in recent days: 📉 Open Interest (OI) Wipeout. 💥 Liquidation clusters favoring shorts, driving momentum. 💰 Tether printing resumes...
Hello TradingView Family / Fellow Traders, From a long-term perspective, ETH is currently hovering around a robust resistance zone and the upper bound of the brown channel. Weekly Chart: 📈 To maintain control and establish a long-term bullish perspective, a weekly candle close above 2500.0 is essential for the bulls. If achieved, a movement toward the next...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...
We just saw clean bullish momentum for this pair and a bullish trend change! Now looking for trend continuation to take a long trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK! This is looking like a very yummy LONG! Follow and...
We got a confirmed bearish trend change for EU on 4H. MASSIVE BEARISH MOMENTUM Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is looking like a very yummy short! Follow and...
We got a confirmed bearish trend change for GC. MASSIVE BEARISH MOMENTUM Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is looking like a very yummy short! Follow and Stay...
Waiting for a break and retest of 0.84026 to long NZDCAD back to the next Daily swing high at 0.85117 If you agree drop a like and if you have any questions leave a comment :)
HINDALCO is moving in a SYMMETRICAL TRIANGLE A good opportunity in HINDALCO either we for long / short by seeing the break out accordingly... For the time being wait and watch. Follow the levels, I have given above chart Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered...