On the above 4-day chart price action has corrected by 90%. Today is great long opportunity. Why? 1) RSI and price action resistance breakout. 2) Price action double bottom. 3) Price action prints on past resistance since breakout. Look left. Is it possible price action falls further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% of...
Just an update on the pair...Looks like price is respecting our HL area hopefully preparing to break the LL areas..Currently have positions open on those levels (Trade 3)
On the above daily chart price action has enjoyed a powerful upside move. A number of reasons now exist to be short: 1) Failed Relative Strength Index (RSI) support. 2) Failed Money Flow Index (MFI) support. Smart money is exiting. 3) Price action has exited the Bollinger Band. (Green circles). 95% of price action trades around the mean (black line) inside the...
If the price returns to 197.95 now and if the seller defends this level, then we can look for a short with a target of 178.55."
On the above weekly chart price action has rallied 300% from the lows. A number of reasons now exist to exit long positions. They include: 1) Support and resistance. Ever since price action broke market structure (look left) price action has been in a downtrend. At this time price action climbs to the broken structure area and finds resistance. 2) A weekly...
Detailed trading plan for USDJPY. Price action analysis & key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
A big thank you to all for following Without Worries. Truly remarkable so many are interested in the ideas I publish. Hope you all have a Merry Christmas and a Happy New Year! Ww To business.. On the above weekly chart price action has corrected over 95% since October 2021. A number of reasons now exist to consider a long position. They include: 1) Price...
Are you hungry for a potential investment opportunity? Look no further than McDonald's ( NYSE:MCD ). Despite a recent drop from its high of around $300, this fast-food giant is showing signs of being undervalued on the daily timeframe. But what does that mean for you? Let's break it down. First off, what's with all this talk about bullish trends? Think of it...
** Swing trade opportunity ** On the above daily chart price action has enjoyed a 40% move despite the calls from camp bear. A number of reasons now exist to be short, including: 1) A sell signal prints (not shown). 2) Regular bearish divergence. 3) Failed MFI support. 4) Stochastic RSI crosses down 80. Look left for what happens next (blue circles) Lastly,...
This week was very slow for Gold. The market was consolidating after setting a new all-time high. Here are potential scenarios for next week. If the price drops and closes below 2144 level on a daily, it will confirm the strength of the sellers and a correctional movement will be anticipated at least to 2090 level. Alternatively, a bullish breakout of a...
On the above 5-day chart price action has corrected 95%. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Support confirms on past resistance (November 2019), look left. 3) The falling wedge allows us to forecast the cycle top as measured from the swing high to the swing low, 1700%. Is it possible price...
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on...
H1 our main timeframe is still bearish but we are waiting for a BOS before we can buy again. H4 is also bearish, but daily is showing a bullish structure.
On the above 4-day chart price action has corrected 90% since the sell signal in February 2021. A number of reasons now exist to be long, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Strong positive oscillator divergence with price action. Multiple oscillators currently print bullish divergence with price action over 136...
Hey Folks. Here is my trading plan and idea for EURUSD for the weeks ahead. As it is clear the price is moving in positive ranges in 4-hour time frame. In the last Positive range, by mitigating the "Decision Block" and Creating a new HH, there is a level of liquidity in the range and I am waiting for it to be hunted. After Hunting the level there are 3 places I...
Weekly Analysis: Bias remains unchanged from last week's analysis dated 10/03/2024 -> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. Price has finally printed a bullish swing BOS Most likely scenario would be for price to pull back following swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has...
The alt-token market offers some interesting opportunities following retail capitulations. At this moment there is a handful of plays that generally exist under the $100m market capital evaluations. It is worth noting some of my best first long exposure to alt-tokens were below this market cap. That includes MATIC (idea at bottom), and Solana, and Cardano. How was...
What's up TradingView Fam! This time I'm giving you a coin that hasn't moved for a while but an incoming up move is in the works. We can clearly see several hints put together giving that confluence we need ! 1) Coin is at Monthly Support Key Level 2) It has been in consolidation for a long period of time hinting a probably accumulation bound to break out...