GBPAUD has broken the uptrend and seems like it successfully retested the broken structure to confirm bearish trend.
I believe the daily momentum for this pair is still bullish. The 4H retraced to the 38.2% fib and presented a Volume bullish engulfing on top of a trendline . While I do believe the Euro is getting weaker, one more higher high or bullish push would make perfect sense considering the fact that its beneath a major resistance and had been rejected there prior. Its...
Looking a the SPCE chart from a birds eye view it shows the company is overdue for a run. For months it's been trading sideways. It almost looks like it's break out of an inverse head and shoulders pattern. Until recently a spike caused by bullish news sending the stock from around 4.04 to 6.50. On the run up it rejected the 6.50 price and came back mid day to...
✅BITCOIN is approaching a falling resistance So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just in time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅LITECOIN made a pullback To retest a key horizontal Level which is now a resistance At around 79$ from where I Think the price will go Further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders👋🏻 On The Weekly Time Frame The NZDJPY Price Reached a Resistance Level (86.566 - 88.170)✔ Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 90.289🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders👋🏻 On The Daily Time Frame The AUDUSD Price Reached a Major Key Level (0.67525 - 0.68182)✔️ And Broke This Resistance Level ! Currently, The Price formed a Bullish Falling Wedge ✔️ The Resistance Line of the wedge is Broken 🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----- TARGET: 0.69545🎯 ___________ if you agreed with this IDEA,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. I find the daily chart for BTC to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST Here is why the purple circle is a strong zone to keep an eye on: 1 => Overall Trend BTC has been bullish medium-term trading inside the rising...
Just for Educational Purpose.... Ending diagonal Pattern with Double top on its top & Retest to SUPPLY Zone SL must be Strict above high.....
✅NZD_JPY is going up currently And the pair broke the key structure level of 87.200 Which is now a support, and has made a pullback And the retest, so I think the price will keep going up now LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Traders👋🏻 On The Daily Time Frame The EURUSD Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken🔥 So, I Expect a Bullish Move📈 ----------- TARGET: 1.08709🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. After Powell's hawkish comment on the Fed Interest rate, BTC plummets below the FWB:25K level. As you see in the chart, this looks like a proper retest. After breaking out from the head and shoulder pattern in the higher time frame,...
This pair is very beautifully creating its higher highs. I was initially hesitant to go long as price was up trending however there were some bearish signals such as lack of strong bullish candles. This bullish push was made with weaker candles beneath this resistance. After a retracement, and a re-test of support, the trendline, or daily/weekly support.
Gold has taken over 7 days to decline back to its lower low. I don't believe that price is prepared to push lower. I will await a re-test of the lows to indicate whether I will go long on gold at the bottom of its consolidation range. As long as price continues to decline with these indecision candles I'm under the impression that it will suddenly become bullish...
USDJPY is in an intraday uptrend again. The overall trend is bullish however I believe that this is a re-test of the former high and based on how price is approaching the resistance it doesn't signal much bullish strength anymore. Price is currently at a high of an untested zone, the all time high and a Daily evening star pattern.
AUDUSD provided a daily shooting star on Monday which signaled that intraday it may become bearish. This re-test is after a Bearish Engulfing was confirmed on the prior touch. The 4H failed to break beyond a monthly resistance. I took a 1H evening star short beneath resistance.
I was initially under the impression that UJ might be prepared to retrace deeper. if the 23.6% fib did not hold. The Fibonacci level has held up nicely. Yesterday another indecision candle on top of support, and the 23.6%. In addition, the 4H moving average crossing to the upside, the 1H formed a higher low after forming its higher high within this range. I...
EURUSD retraced to the 38.2 and formed a morning star. Price then broke through a strong resistance. The 1H is looking to re-test support. I will be looking for indecision and reversal candlesticks on top of the daily support or the prior high which is near the low & 38.2%.