Raising bearish wedge formation A sell is possible from tomorrow on h4 or h1 candle stick signal, but safer to wait for directional breakout of this raising wedge, the market has a tendency of breaking structural setups on higher time frames, this is a high probability setup, but caution should be met with this pair. USD index is still with the bulls. I am...
USDCHF has made way in my previous publication to induce shorts from a trendline touch on daily , the weekly hammer close from last week persists with the bulls currently. I see a wave of short orders coming in on a double top flat 3 wave correctional cycle @ wave (C). wait on price to retest that level just above 1.0000 if the daily trendline does not hold ,...
H&S, price to move to retest weekly ascending trendline. Nice short term - to medium term sell
AU short from retest of descending trendline , price rejection met on the major weekly uptrend We look to get on short to medium term sell positions for now, until further directional bias is given by market regarding long term positions. Short/Medium term = Short positions Long term = Neutral
***Trade with caution over the next few days because of the Memorial Day Weekend Holiday*** As the title says over the last day or so Syscoin volume has spiked over the 20 period volume moving average about 15 times. I’m looking to buy long and hold for the short-term to mid-term target of .00005414 where I will take half my position off and let the rest ride up...
Pros Broken uptrend Resistence broken Lower peaks and troughs Broken RSI uptrend Bearish market on weekly timeframe Divergences on weekly Pivote zone on weekly Strong dollar on other charts Cons Countertrend on daily timeframe Strategy I search a correction of 38.2% of the last impulse Buyed at 1.2107 and waiting for a pullback to buy more
Pros Test the ascending trendline 5th time. Good P/L ratio Cons Countertrend Strategy Buy on touch the uptrend with a close stop. *For greater confidence on the trade, search for reversal patterns at 1h-4h like doble bottom/H&S, brakes of the downtrend in RSI and/or divergences
Reduction of the price to 1.1927. The price reduction is based on the redistribution of purchases in the candle after the news release. Levels thanking the X-Lines indicator.
With the renewed interest of USD rising, we can have some bear pressure on this pair. It is go LOWER for now to retest decent strong support levels such as 1329 and 1314 region. DO NOT go in long without proper consideration at this moment. Yet it is still a UP trend in the medium term(1-3 months) and the Long term (6mths or more) horizon. DYODD and Trade...
EURUSD, a strong upward trend. The increase in the price of the asset due to the powerful injections of purchases and the closing of sales below 1.2340. We expect the asset to grow to 12410. The analysis is performed using X-Volume. levels using X-Lines.
In long-term it goes to meet 1.5060. I think the best trade in this is: Buy @1.3315-1.3295 Stop loss: 1.3115 Take Profit : 1.39 *** The best Trade : After Breaking the 1.3650 it must go to 1.39 and we can get 250 pips.***
Hello traders. It broke the up trendline and now it's making a correction. I have an entry order as you can see. Waiting for breakout and correction in order to take short trade is also a good idea. Here is my forecast. But of course, I won't keep open this trade until it breaks weekly bottom. I'm just showing you the potential.
Hello traders. This is my 4th long trade setup idea. The first idea stopped out with 1% loss, other 2 were canceled because it made lower lows. Now, we have new on. I have an entry order above last top with a stop loss below the last bottom. I'm trying to catch the daily up impulse. It will be a very big wave. The possible target is 123. Hopefully, it will make a...
BEPL looking like in Consolidating and Forming the " Descending triangle " pattern on day charts. Price recently got rejected from 50% levels recently and moving side ways with lower levels. Although its making strong support at 155 - 160 levels, but looking at overall trend and nifty , price likely to break the support. This confirms the bearishness and...
Price reduction to support 8848 due to the active distribution of bulls. Analysis using the x-volume indicator.
Continuation of the active distribution of bulls in combination with an attempt to covertly injecting sales will likely lead to a price decrease to 790.21. Volumetric analysis with the help of x-volume indicator. Levels thanks x-lines. All these indicators you can find in my list of scripts and add them to your favorites.