We had previously entered USDJPY on the daily confirmation bar on a long trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. Ahead of the Fed news, we had trailed our stop to low of IB-1 at 147.32 shown as TSL 1 on the chart image. The Fed news bar did not...
Good evening gold gang! .. wow what a great day! .. small scalps in NY and huge sells for FOMC. congrats if you followed along and took the same trades DXY has come up and cleared all ranges now and left a double top thats ready to be raided .. so this could have been the top for gold as it we make our way down following the HTF trend Buys, sells and reversals...
Hi Traders! There is a potential failed bull flag opportunity on the GBJPY 1D chart. The flag looks like it has failed to continue the bullish momentum, and the price action now looks bearish. The market has broken below our 20 EMA, and the swings are getting lower with lower highs and lower lows. The pattern is turning into a bearish ascending channel. As long...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURCHF has been overall bearish trading inside the falling channel in red, and it is currently approaching around the upper trendline. Moreover, the zone 0.97 - 0.975 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it...
Explanation within the chart - entry could have been better. Going for a 2RR
EurUsd Buyers in La la land or are we onto something here? 0:0 Monthly timeframe 2:10 Weekly tiemframe 5:26 daily timeframe 7:34 4hr timeframe 10:25 Let's talk interest rates 12:30 1hr timeframe At times the market has coincided it's bottom or top with a News release. Today we have the September Interest Rates release as our fundamental catalyst for a potential...
The USD/JPY pair is gaining momentum on the charts after the Federal Reserve's rate decision and update on inflation projections. It has surged to new highs near the 148.00 mark as the US dollar (USD) benefits from increasing inflation expectations set by the Fed. Starting at 147.50, the USD/JPY has gained a strong 50 pips following the Fed's rate decision. The...
Whats up gold gang! hope you had a good day today with a couple of winning trades in both asia and new york and a tiny loss due to good risk management .. ended in profit and thats what we like Tomorrows FOMC is a great day in the calendar to get gold moving once again .. We have price currently ranging around the algo level awaiting propulsion .. and id like...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
i think price would go down at this point this position is very risky..i am predicting :D its wrong work anyway pay attention to this chart pattern :)
We are observing a strengthening of the British pound (GBP) against the US dollar (USD) just hours before the Fed's interest rate announcement. The market has broken a significant swing high at the 1.241 level and is heading towards a supply zone at the 1.24200 level. This zone is within a resistance/support area on the H4 timeframe ranging from 1.243 to 1.25,...
US30 has now recently made a lower high and is now in an extended market compression. For us to consider trailing our stop, it has to take out the first swing high at 35012 and then at 35098 as shown on chart image. Once it does take out both those levels, it has a higher probability to confirm the weekly bottom.Let's see how the trade plans out according to our...
Gold was not successful in trying again to break the 1930 range and entered the correction down to the 1916 range, and after the correction in the third attempt, I think this level will break and we will see the growth of the global ounce of gold until 1980.
Bitcoin is still on the upmove and holding its potential weekly bottom level of 24920. Price structural level of 24756 on the weekly timeframe is still holding and has not been broken yet to give a trend change. Next level for BTCUSD to break through for further strength to the upside is the last swing high level at 28142 as in image above. We have entered this...
Technical analysis Elliot Wave Theory perspective - the price is in a small corrective uptrend, as marked in the chart. Don't get too hyped on this and remember, the market is unpredictable, but for now I will mark this as LONG, for a short time. On the 30-minute chart, the EUR/USD currency pair is currently trading in a range between 1.0685 and 1.0695. The...
after valid breakout with candle there are possibility for short position with good risk to reward...but for better confirm we can wait for pullback and take a position
In my previous post i instructed to sell in 1936-1940 area. BEcause of of fresh supply zone and also divergen wich created. From here gold managed to as low as 1928! around 100pips from our entree. Although there was a bullish trend from 1900's i was confident enough to trade against the small bullish trend. In M30 and H1 it looks like gold is forming a head and...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AUDCHF has been overall bearish trading inside the falling channel in blue, and it is currently approaching around the upper trendline. Moreover, the zone 0.585 is a strong resistance. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is...