Hi traders. That's my idea for GBPUSD for a short-tirm buy opportunity up to the recent highs, considering TP levels at the blue horizontal lines. The price is at strong Fib retracement level of 0.5 regarding the last big impulse move of 4H chart but it can retrace a bit more to the second path I drew. Let's see how things will occur. Goodluck!
E've been comparing recent BTC capitulation and now accumulation at the lows with the one in 2015. They are very similar in accumulation structure as well a how deep both capitulations went. Don't get me wrong, i don't thing this is a true bottom formation like it was in 2015 leading to the next bull run, but only forming a local bottom that just happens to be...
Notes: * Very strong up trend on the weekly/monthly charts * Great earnings for the past few years * Basing for the past 19 months * Creating a cup and handle * Trying to break out of the handle * Strong resistance around the $85.4 area Technicals: Ticker: $ENSG Sector: Healthcare - Medical Care Facilities Relative Strength vs. Sector: 28.52 Relative Strength...
The change in the market was signaled by the break in structure and now we're waiting to see if the buyers will step in again.
Eur/Usd 15m Chart Im long Eur/Usd We have seen CocH ,BOS on M15. M15 Demand mitigated M1 BOS Countertrend trade on HTF, playing the pullback to the H1 OB above LTF Charts below
as per my analysis , ITC give chance to buyer by retracment . 296 is target
EURUSD has completed the retracement right at our entry suggesting a strong bullish move towards the monthly resistance of 1.01202. Long orders with take profit levels as highlighted on the chart.
Still not in a short position but was expecting to see this push down. Just thought id break it down and show the next couple areas I'm interested in, long term I see the trend continuing but ill be looking for longs on the retracement just in case.. always remember to trade with a plan and stick to it!
OPEC has recently announced deep cuts to their output quotas for oil. This has resulted in the Canadian Dollar gaining strength against many currencies as it is a major oil producing economy. Strength of the Canadian Dollar is now evident on the USDCAD chart. I believe USDCAD will drop for a 50% retrace from it's previous impulse move.
XRPUSD ( Ripple ) is struggling around 0.5200 area of that very strong resistance zone. Should expect the big fall down back to the support zone area located 0.35-0.33 area.. the chart from 15min-1HR chart from a head and shoulder pattern in the symmetrical triangle, will cause a huge drop downtrend from that strong resistance zone. It’s good benefits for the...
NSE:KPITTECH midcap broke out channel pattern on 2022-09-22 and is in retracement at channel resistance turned as support. Pros: Strong fundamentals and financials. Consistent revenue and profit growth. -ve net debt. Consistent dividend yield. Cons: Continuous reduction in FII and DII holding. High PE ratio. Price above Intrinsic value. Entry : Enter if price...
I am looking forward to sell within premium zone above 0.6 retracement.
DIA bullish hammer end of wave 5 wave 3 downtrend. Wave 4 of downtrend gotta be quick into Fibonacci 50% retracement. Order BUY DIA ARCA Stop 295.19 LMT 295.19 will be automatically canceled at 20230101 00:00:00 EST
XLF weekly set up for ABC expect some form of retracement can zoom in on daily but expect ot to be volatile.
Dow Jones industrial average index has lost its February 2020 support. As this support did not hold i am convinced that the oldest US index has begun the great depression, not recession but depression. You can already see what fiat pairs with the USD are doing. The run up was just phenomenal to say the least. We've been essentially parabolic since 2009, with the...
BINANCE:BTCUSDT COINBASE:BTCUSD Hi traders, first take a look at my previous analysis and positions. by the time the price is in the middle of the yellow lines, you can open a short position in two or three steps. If the price falls and reaches the risk-free level, you can risk-free your position. TP1-2-3-4 are on the chart. The optimum stop-loss is above...
Not a lot happening across the board in terms of getting into new positions, this is one of the only ones I'm looking at taking a position on. GBPCAD if we see a rejection around 1.48000 ill be taking shorts to hopefully catch the continuation move to push towards last weeks lows.
I'm usually looking for my trades between 7am-12pm. Initially was looking for a BUY but the sell setup took over and I needed to remind myself of what it looks like when a +FVG. Bullish POI, where I would normally be looking for a BUY entry and target the last highs made. Price traded through the Bullish POI, a +FVG, then we traded retested the lows of it...