major weekly support level with daily fakeout candles now wait for a break and retest to look for longs target: 0.95346
On the above 3-day chart price action has corrected a massive 95% from $3.20 last April. A number of reasons now exist to be long, including: 1) A ‘incredible buy’ signal has printed. (1-day chart below) 2) RSI resistance breakout and support. 3) Regular bullish divergence. Multiple oscillators are printing bullish divergence. Look left (Green shapes). 4) The...
Currently Egld Just Break The Box That's Consolidating More Than 2 Days And In My Opinion It Will Give Us A Sharp Movement.
EC has dropped 300 pips since Nov 30th. I am still bearish for the long run however a pullback to fill the daily imbalance left on Nov 30th is necessary. This trade gives the algo easy access to sweep the weekly lows before heading up! This is an EXTREMELY risky play because it’s an NFP trade.
I'm rushing this out because price is interacting with the M15 extreme order block right now. We have had three confirmed M15 reversals in the last two days so it could be that price is settling down for the holidays. As usual, here are my thoughts and I will keep you updated, below. High impact news release shortly after NY open
1) Weekly danger zone 2) Daily rejection 3) Choch Daily 4) inside weekly engulf candle Wait for choch 1h
Personal technical opinion: USD/CAD price is below the resistance of 1.36302, as long as the price is below the resistance, it is a bearish trend, if the resistance of 1.36302 is broken, the start of an uptrend until the resistance of 1.38556 Trend: Downtrend based on short, medium and long term. This movement is a bearish trend (MACD).
monthly weekly breakout together with rsi monthly and weekly above 60 CMO both cart crossing 25 this is perfect chart to go long enjoy it
opened a short at the top of the hour. I will update my post with TP and SL in coments
looks like we are running out of momentum so i will look to start selling to back back under the daily levels. ill update my entry and stop loss and take profits in comments.
what goes down must come up.. wait a minute, that doesnt sound right..
round numbers usually do the trick.. looking for bearish continuation in eurusd
Is the GOLD preparing for break-out ATH? I am absolutely bearish in the coming week after probably a retracement in lower time frames Have good and profitable trades ☺️ The red road is low probably forecast. OANDA:XAUUSD
potential bearish play in NZD/USD, where we're honing in on higher time frame (HTF) Fibonacci levels. This trade idea is strategically crafted to navigate the currency pair's landscape.
Delve into the nuanced landscape of AUD/USD as we position ourselves for a potential bearish move. This trade idea is grounded in a strategic analysis of market dynamics.
bearish play on the HTF charts of the gbpusd charts
Looking for Impulse Down. UsdJpy moving down soon. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you/ give better knowledge. If you have any question ask me in comments. Learn & Earn! Wave Trader Pro