EURUSD* The technical cross-section**: Trend: 0 A strength of trend: 0 Overbought/oversold : none The priority area of transactions : selling Buying in the area of 1,1000 with a stop below 1,0970 and a profit in the area of 1,1060. Selling in the area of 1,1080 with a stop above 1,1110 and a profit in area 1,1010. Selling in the area of 1,1160 with...
TWITTER BCBA:TWTR printed a double top and had beautiful selloff with strong volume and quick market reaction, i began anticipating a slip to a downtrend , however looking the 1D chart i observe the bulls pulled a strong bounce off its 2 year uptrend indicating its selloff pressure maybe exhausted. I have highlighted the trading zone ($27- $46) for the...
We do not enter on a breakout. Always wait for further confluences and enter on lower timeframes when all the conditions are set. As always feel free to share your feedback and ideas in the comments below. If you wish to follow my signals contact me at tradingwithafzal@gmail.com
The counter is currently in a tight range of 1.6210-1.6310. It has hit the upper end of the range and is coming down sharply. Further, it broke the support of 1.62729. Hence, we expect the pair to be bearish in the near-term.
OANDA:USDCAD The main tendency: Downward Period: Two of three months
Simple range play on ITUB, RSI Levels following trend, Volume profile POC suggesting a move to the upper resistance to continue the pattern. Aside from playing the range, I will be watching volume at support/resistance for a breakout. If bearish, i will be watching for a support to form around ~6.58. If bullish, volume profile suggests some resistance could occur at ~9.60.
Ranges, Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns. Ranges & Triangles are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...
Reworked the previous analysis that's still active for this pair. Price has been ranging for a very long time so looking for a ginormous breakout to come out of this. So I now have target TPs in both directions. Right now, I hope this will wake up soon. BULL TPS: • 140.009 • 140.713 • 141.469 • 142.320 BEAR TPS: • 139.090 • 138.609 • 137.658
rANGES, Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns. Ranges & Triangles are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...
These are the 3 options I personally see playing out in the coming day or two. So long as papa bitcoin doesn't make any crazy moves we should continue along one of these three paths pretty smoothly. Thanks for checking out the chart! Drop me a like if you found it interesting and don't forget to follow to keep up with my ideas.
Ranges Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...
Hello fellow traders & friends, most of you will already have recognized this symmetrical triangle with an APEX of the S2-D. It´s usually a structure, that does not give away much on a small interval like this. Due to the fact we are edgy to see low 8k´s, I still would like to see this noticed. In the recent past, these patterns ended up in a fake out, leading...
#1 Aroon Breakout Trading Strategy How to spot consolidation and trade breakouts with Aroon? When Aroon Up and Aroon Down lines are parallel to each other it’s a signal that the price is consolidating. The Aroon interpretation is that no new highs or lows are made during the default period. You have two options to trade consolidations. Wait for the breakout to...
Hello! It's hard to tell what LINKUSDT is doing on the short term time frames sometimes. Because of that I zoomed out for a bigger picture. I found that on the weekly time-frame our price action is constricting just like my last analysis of LINK was on the hourly time frame. You can find that analysis at the bottom of this idea. Within hours of posting the...
Hi Traders! The market is moving in a range. After the confirmation of the range it is the second time the market tests the area. If the range is still valid, we expect a down move until the support at 0.98500. We used the pattern of the last down move and copied to the current situation. If the market fails breaking the resistance, we have still a range and we...
Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information...
For traders who prefer simple trading strategies, the KST oscillator should be considered for evaluating: Breakout trading signals. Assessing the strength of a trend. How to use the Know Sure Thing zero line to spot bullish and bearish momentum signals: A buy signal is triggered when the Know Sure Thing crosses above the zero line. If the KST moving averages...
I think it's better to look at LINK based on ranges rather than trenlines at least for the moment. The trend-lines that I see have a lot of false breaks from them. That's not to say it isn't holding those particular lines. It's just better to rely on these ranges than see it dip 2-3 cents below the line and shrink back up. What I mean by 'ranges' is the area...