Welcome to my second analysis using the trend angle tool within an ascending channel. This strategy intrigues me as I trade largely dependent on patterns and price action. Presented is a 1 hr chart with an inner bottom support that serves as an early pivot with the main bottom support beneath. Furthermore our top channel resistance correlates with the ascending...
Note: This is a fun/practice analysis using the trend angle tool within ascending/descending channel patterns. Do not take this trade literal. Presented is a 1 hour chart. We can scope out an ascending channel patter as presented. Using the trend angle I calculated a 50 degree angle ascend to retest top channel off the bottom channel retest in play. My take...
51.3k p/l3 can scalp to it or wait and try to buy dip there Stop loss H4 or just over H3 if scalping to it Camarilla pivots / CPR
So I enter gold again after stop out thi morning for nice money. Now I enter again because Fast Hull cross down over slow hull. gold pull back to resistant line make good entry point rsi still making lower low with price price below center regresssioin line descended triangle which usually meaning reversal, but see price still at top of wedge so still...
Hi traders and welcome to my channel ... As you can see XLMUSD still in the uptrend channel … for now, I think it’s going to touch 4h support at 0.430159 and then we have continuation of long move to 0.65 but if breaks the static support at 0.430159 it going to retest and drop more to next level of support area at 0.315. Good luck guys and be careful All info...
Presented on the 1 hr chart we see a potential pivot in play with top resistance rejection. Indicators are set to confirm with a full MACD/SIGNAL cross just above the 0 line. This will confirm a sell off in play. Watch for a pivot at 1.07400. With a MACD/SIGNAL cross through the 0 line the trend may truck right through our pivot zone. Take profit at current...
We see continued support in play at 0.71800. Seemingly we are in play with a support and pivot presented on the 1 hour chart. Our MACD/SIGNAL found key indicator support to set up for a cross to push momentum upwards. Naturally RSI will kick out of the oversold zone. Follow previous patter and take profit .72500 ad wait for a retest. Stop loss below current...
With JPY's weakness we see pairs breaching key levels. Presented is the 1 hr chart. I sentiment continuation to retest the next tow key resistance levels. 148.000 is a strong rejection point so if there is a breach we can sentiment our next retest at 149.000. Take profit at 148.00 and 149.00 for continuation. Stop loss below established support. Observe chart...
We have found established support with a strong pivot/ Still room for an entry to retest the next resistance with this increased in volume. Our MACD/SIGNAL cross has established clear increase in volume with RSI slowly moving towards the overbought zone. A MACD/SIGNAL cross through 0 line will help increase momentum through resistance levels. Take profit at...
Presented is the 4 hr chart. I mapped out the first key resistance with the previous resistance breach (which now is an established support). MACD/SIGNAL made a cross while above 0 line. RSI is breaching overbought zone. Current RSI pattern tells us a pivot is near however we have not seen these levels for a bit so a change in pattern (breaching further into...
Presented is a brief directional analysis using the 1 hr chart. The trend continued its sell off to start the week following last weeks close. For continuation sentiment I analyze the day chart. Here I see a retest of the next support (very near). This is a great opportunity for buyers to be patient for a potential pivot. Strong sentiment would lean towards sell...
Currently we are seeing some wick support at 1.53700 with pivots. I sentiment a pivot in play here pending technical indicators play out. MACD seems to be completing its sell off as it is rounding out of bin territory and setting for a snipe cross through SIGNAL followed by an immediate cross through the 0 line. This surely would pivot RSI out the oversold zone...
Presented is a technical analysis on the 4hr chart. As we can observe there is huge buyer volume following a MACD/Signal cross. Further more a 0 line cross will spike further momentum. I boxed a pivot zone area as you can correlate previous pivots at the expressed level. pay attention to the 1 hr chart to determine if a pivot in trend is in play or a pivot...
Presented is a 1hr chart sell analysis. We can see rejection around 118.000. We may see a slight pivot to make a complete retest of 118.000 before the drop. I sentiment an incoming sell off if MACD/SIGNAL make a full cross through the 0 line. While this is happening we can see RSI forming a lower low breaking support in a slant pattern heading for the oversold...
Currently at a pivot point in the uptrend. Could expect to see a big move either way once supply zone is tested.
This is a 1 hr chart technical analysis. We are finding continued rejections around 127.100 following previous trend patterns off support/resistance pivots. Currently RSI is forming lower lows while price is within higher high range. This correlating with a MACD/SIGNAL cross down through 0 line to retest our key supports of 126.700 and 126.500 (which are our TP...
Camarilla intraday levels. + the cpr central pivot range
Will test the pivot. and will visit and likely reject the first 3. no matter we visit H3 or L3. first one of those we go to will be a lie. especially if it leaves purple line untouched