Hello everyone In daily chart on ETHUSDT, we can see a steep bear market, so the context is a bear channel, and taking long positions is not recommended, and it's better to trade micro channels if you are a trader.With the long shadows on the daily chart we might get a foundation of a reversal pattern in lower time frames. For now, the resistance levels are...
The appearance of a reversal pattern on the 2H time frame coupled with recent bullish traction across GBP pairs, we might be looking forward to a short term recovery and a profit target at a point where the bullish trendline (identified in the 2H timeframe) share a confluence with the key level at 1.26. Risk Disclaimer: Margin trading in the foreign exchange...
This is a follow-up detail to my previous speculation about this pair (see link below for reference purposes). So in this video, I explained how I plan to take advantage of a buying opportunity. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The...
Hey guys, on both the daily and weekly chart we see a double bottom formed which is a reversal pattern. I expect to see more upward movement on this pair. My bias will be invalidated incase the current daily lows are violated
US30 is still in a bearish phase but a further break of today's high around 32560 price level will likely expose us towards 33050 price area.
Price is currently sitting on a strong demand zone and I am of the opinion that we might be going for a short term uptrend. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and...
USDJPY traded up and down as participants anticipate Fed speak during the course of last week's trading session after which we witnessed a spike down into the buy opportunity area around 128.5 that we identified at the beginning of last week's trading session ( see link below for reference purposes - Following the test 128.5 was the appearance of a reversal...
Hi, trading view community. Looking at the Dow Jones on the daily chart, we’re starting to see a floor being set up by buyers from 32,485. This level sits in a deeper area of demand that’s been in play since February 22nd. After a volatile week of trade, could we see buyer confidence come back into the market today? We want to see price hold above 32,485. A...
DARUSDT bearish butterfly. The price action is in a confluence with the double bottom formation of BTCUSDT. The Fibonnacci ratios is wonderfully converging with local support and resistence. A Potential Reversal Zone (PRZ) is expected from D point 1.41 Fibonacci extention ratio. Oversold condition for the intraday and hidden bullish divergence on Ehlers' Fisher...
Despite falling sharply at the beginning of the week and touching its weakest level since mid-February at $1,850, the yellow metal managed to stage a rebound in the second half of the week to close above the new key level identified at $1,880 which shall also be our yardstick going into the new week. With over 4,000 pips during the course of last week's trading...
BTCUSDT 15M Fibonacci Retracement Setup w/ Ehler's Fisher randform & Fisher Stoochastic Center of Gravity oscillators. Target at 14.6% (34.5K) key level of Fibonacci Retracement.
Following over 200pips profit during the last week's trading session (see link for reference purposes); it is obvious that the GBPJPY pair has been displaying a back and forth set-up within a tight range of 160 and 164 areas. With the possibility of the incitement of a retracement wave, the possibility of a bullish momentum can not be ignored as the key level at...
Despite the popular perspective that the Pound might be extending its downturn, we can not ignore the possibility of a bullish momentum considering the double rejection of the 1.72 area in the space of 3 weeks by the buyers. So, in this video, I explained in detail what our expectations could be going into the new week. Risk Disclaimer: Margin trading in the...
AUDCAD has straddled a 6.8% price corridor since the start of the year, giving us, at first sight, a bearish bias considering the bearish trendline identified on the daily timeframe. However, the appearance of a reversal structure and breakout out of structure signal on the 4H timeframe; the possibility that price might break out of the bearish trend line the...
With the significant growth of 10% since February 2022; the Swiss franc can be said to be the dominant currency during the first quarter of 2022. We have two scenarios to work with as the possibility that a trend continuation to the upside is feasible and at the same time there is a possibility that a breakdown of the key level at the 132 area could be a...
LINKUSDT Fibonacci 88.6% - 78.6% range foor short position. Target at 14.6% level till daily close. Oscillators: Ehler's Fisher Transform & Fisher Stochastic Center of Gravity.
Despite the obvious that the Euro continues to fall inside the 4H and daily time frame. The major bearish trendline on the daily and weekly timeframe could be a signal for a counter-trend opportunity as I suspect price action might work its way into this line before a downtrend continuation happens. Meanwhile, structures on the 1H time frame appear to support a...
This is a follow-up detail on the USDJPY that was published 2 days ago (see link below for reference purposes) where we were expecting the price to retrace to a minimum of 129.1 but It appears the price is finding it difficult to break the support level at 129.500 which shall become our new demand zone if this level continues to hold price action. In this regard,...