#WAVES/USDT Analysis
Description
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+ After gradual crash over the month, we are seeing a decent bounce back in the price
+ If this bounce back is really a next leg of the long trend then we are looking the price to reach next major resistance
+ If the bull trend we have multiple minor resistances and...
Be Careful with the hidden bulls at this level today Nov 21 2023.
As of the latest market activity, the USD/JPY pair has shown bearish sentiment after moving below the 149.00 level, which is near six-week lows, as per technical analysis reports. It's trading around 149.00 following a 23.6% Fibonacci retracement. Technical indicators are suggesting that there is...
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**CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
CADCHF is overall bearish trading inside the brown channel, and it is currently approaching the upper brown trendline.
Moreover, the zone 0.735 in blue is a strong resistance zone .
So the highlighted purple circle is a strong area to look for sell setups as it is the...
Eur/Jpy is on its Trend Continuation level. Waiting for a chart pattern(Double top or RSI divergence in 1h) or candlestick bearish signal than going short.
What you guys think???
Hey traders, in the coming week we are monitoring US30 for a selling opportunity around 31640 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Still watching price as it continues to push up but i am looking a catch longer term short positions to either make a retracement or continuation back to the downside.
Price is currently residing around the 1.89 level which has proven to be key resistance in near term price. We do have a 200 pip upside risk represented by 2021 highs. Stochastics in overbought territory could indicate a potential retracement on the strong upside move. Today we have already filled the average daily pip movement!
Right now it's trying to find support at this key level at low $47,000s.
If that breaks we go down to $43k.
If that breaks, $38k.
If $38k breaks....no joke, sell everything.
Either a short down to 36ema (1.40) level as TP 1 as a pullback and retest of the supply zone we are currently at, trying to break through 1.42 level afterwards,
OR a bigger pullback down to TP2 (at this point, either a deeper pullback to retest the highs later OR a reversal, the former is more likely).
The two arrows represent scenarios to look out for.
TP1 is...
