Recently GLD has followed a set of movements which have an uncanny resemblance to what happened in 2021. The last time this set of movements happened, it was bullish and returned around 13% in a month. This is combined with a strong support level at ~$158, a bullish inverted hammer on the previous bar, and two recent doji stars, which indicate that the downtrend...
Chart shows the possibility of the Parallel Channel and AB-CD pattern and the targets.
Specifically looking at yellow here, although purple, larger pattern in the making may play out as well with a large rally into the end of the year. With media barking about how September is such a poor month for stocks + a lot now baked in post-Jackson hole meeting, I could see a large rally begin soon into SPY 420ish (5.82% move roughly). Potential of a higher...
Pair: CADCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, consolidation ————— Key Takeaway: We have seen the level of resistance we are now at hold for a few weeks and price cannot seem to break it. If we close below round number and high volume level then we will be entering...
✅WHEAT was trading in a narrowing wedge But now we are seeing a bullish breakout So I am locally bullish biased And I think that the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Am waiting patiently for some lower time frame correction for entry. Note watch the news 😅😅 gonna be risky 🤣 GOOD LUCK AND AS ALWAYS TRADE SAFE AND STAY SAFE
Hey everyone. As we all can see the clean descending channel followed by a reversal pattern which might possibly make the next bullish implusive move to the up side🚀. I am Waiting 💆🏾♂️ for a double bottom or a lower time frame reversal pattern to take some possible entries💯. Thanks for reading GOOD LUCK AND AS ALWAYS, TRADE SAFE AND STAY SAFE!🤝🏾 PEACE 🔥
In this trade setup i am sharing my first post all risk reward in my favour and target is yours
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). ...
Pair: CHFJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Seen price hit resistance for the 3rd time and seeing major bearish reaction. We are aiming to take this trade to support and broken trend which will now act as support ————— Level needed: need a close by 143.010 ————— Trade:...
Hello Kucoin Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart CADJPY is approaching a supply zone so we will be looking for sell setups. Knowing that CADJPY can still trade higher till the previous major high. That's why we don't sell blindly, we always zoom in to lower timeframes and look for the bears to take over. ...
A Bearish-type Pattern5-0 may occur when exceeding 1.0122. At that time, a Bearish-type Pattern 5-0 is expected to occur on the daily chart as well. Short after pattern generation and seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO
Just an idea - Let's hope for the best after a rough 2022 - Still some potential risk down but let's just pretend this is what's on the horizon :p
$CHF - It's brewing! I adore trades like this, it's brewing and waiting for break out! TJ
Beast Trading _ Today's Bitcoin Analysis A series of ups and downs in the continuous triangular convergence, but I pierced one direction for the first time yesterday. It's the top line right above. I'll explain the response for the time being easily, so if you refer to it carefully, you can win the probability and profit and loss battle and proceed with the...
Hello my dear friends In the lower time frames, we do not have a signal to continue the upward trend, on the other hand, we have the negative divergence of the RSI. We have reached an important range, there is even a possibility of consuming all the orders in this range. But the probability of entering the $1.62 zone!?!?! I do not think .... If the current trend...
Hello Dear friends The price range of $10.6 has nicely maintained the trend. If the upward channel is maintained and the trend does not fall below the price range of $10.23, the possibility of forming an upward trend up to the price range of $12.1 is not out of mind. Currently, a bearish wedge has formed in the 30-minute time frame. If the upward trend is above...
M15, M30, H1, and H4 are oversold There is a triple bottom with divergence on H4 There is no pattern but H4 is oversold so there should be enough strength to go up 80 pip Stop Loss