Check out the support and resistance of Ichimoku cloud on 1h chart - this is why this indicator is really powerful to have on the chart.
Priority right now is downside, unless we manage to break through the cloud and trade above. Be ready for potential fake out upside.
I'm not in any trades on BTC at the moment - it seems to risky.
But I did sell a big chunk on...
lets have a look at how oil goes, so im gonna go ahead with 2 positions, one in EURCAD and one in USDCAD
no super confident on EURCAD, as EUR has been also weak, but analysis tells that this can see another push up.
I have been a big fan of MKR USDT this year. The coin has had a pretty impressive run from $2500 up to $6300 as of recent. This last upsurge has lasted several days without any significant retest of key resistance / support levels. I am short term shorting MKR. Target prices are levels indicated with orange dashed line. Shorting hopefully down to the $5555 level...
PDD formed a head and shoulder patter in the past few months. it broke the neck line ($133.88) on 24/3/2021.
Today just retested the same neck line but failed to break out. Right now would be a good point for short position.
Target price is at $60.8 but pay attention to the red line. It could be act as support.
Here we see that USDCAD retraced to the 0.618 Fibonacci level and is respecting the recent support zone to the left. We can see that this market is trending downwards (creating lower highs and lower lows). If it continues to show bearish price action I'll be looking for shorting opportunities on lower timeframes. Stay tuned for further updates!
28 September 2020 .....AUDUSD Daily... Is In A Down Trend.
Looking to get Short on the Retracement..... On the Smaller Time Frames.
There is a very good Supply Level on the 4 Hour Chart..... If the Price retraces to this level?
Has the Potential
**** 200 PIP's ****
Original Post on 11 September 2020.
28 September 2020
The Open High Low Close Bar below the Ascending
Trend-line. This is the Bar We were Waiting for.
Which happened on 22 September 2020
Look for Shorting Opportunities on the Smaller Time Frame.
Target Area. Around 1.1301, which is the Weekly Area of Demand
Bearish Pennant formed out of a 2-month correction.
Target price set at new potential 2-month Support bounce. If we break through this new support line, rather than bouncing at $33.47, there is a possibility to hit a 2-year downtrend support line at $23.71.
- Historical Downtrend (1 year)
- RSI and STOCH below 50
- MACD below Signal
Bank Nifty is forming a rising wedge pattern and might give a good down move from here. The stock has been on a rally since quite some time and a healthy correction is expected. Please observe the price action before placing any trade.
- How would you predict a movement like the one we saw on May 12th? Those days BTC lost >55 % of its value.
- How can we take advantage of that?
- What technical/fundamental indicators do you suggest to use/be more accurate?
Any ideas and thoughts about this topics are welcome.
Guys, push the like button, write a comment, and share with your friend and foes....
DMART has been testing its long time support level on the daily chart for quite some time now. A good momentum on the downside can lead to a major downfall. A strong bearish candle should be looked for in the coming days.
If the price closes above 2365, this study will stand invalid.
A quick way to make a great amount of profit if it follows the trend line. It may be a little late now to enter but still has a potential cause it can go until the pink line and even brake it to hit the blue line macd and rsi supports this.
Essa interação está realmente única...
Reparem como o preço usou a EMA de 9 dias como suporte, rompeu a EMA de 50 dias, sentiu resistência da EMA de 200 dias, depois usou a de 50 como suporte, e rompeu a de 50 novamente para usar a de 9 dias como suporte!
Vamos esperar algum tempo e ficarmos atentos para observar se a EMA de 9 dias irá ser rompida, o que seria...