Looks like we may stay in a zone until mid august. Obviously could break out either way but looking to trade sideways for now.
This rectangle pattern on the daily chart of EUR/CAD offers two breakout trading opportunities. The borders of the rectangle are marked with the yellow lines. My potential entry levels are where the cyan lines are. My potential take-profit levels are at the green lines. The stop-loss can be set to the low/high of the breakout candle (not shown on the chart).
Hello traders, To me, gold is just taking a break before making a new swing down to test 1700-1710. All price action in last two days are in small range and ready for a new swing down. Take you chance during London session and NY session. This Friday wont be a boring day. LESS IS MORE!
After a significant downtrend from 1.20 down to below 1.00, the EURCHF pair is now consolidating on the daily timeframe. Similarly, the Sentiment Index at the bottom is consolidating. Both these consolidations mean that the pressure is increasing and ultimately the pair will break either to the upside (trend reversal) or to the downside (trend continuation). The...
in Sideways if price reach Previous Tenkensen High or Low and Tenkensen it self Didnt reach there you can buy or sell to previous High or Low!!! in Other Word if Price touch previous high and tenkensen not You can sell until price hit last low and contrary if price reach the last low and tenkensen not you can buy until last high in market Enjoy it 100%
Head and Shoulders, is my favourite classic trading setup that I never treat lightly. This setup has an RSI Divergence which is a setup that I fancy, what's left will be a candlestick pattern confirmation before engaging in this trade and I could even ride my profit to the Bearish Shark Pattern completion using my upsize trade management.
CPI was out so finally we had some volatility but as explained before, destination is SIDEWAYS... Take a look at the last time, went sideways for weeks/months. Ina similar manner we expect sideways for days/weeks now again: Summer is almost here, time to enjoy life a bit more and get the right tools to make the best out of these conditions. When the market...
Quote: " Wise people tends to be profitable, smart people tend to be prove themselves right. " After btc hit the price of 31700, it went back to the whales support at ~29k , it will tempt people to sell again and trap sellers at support. At most, I see it will go to fill the gap at 28.9k, after that, we should forms support again and go back up since there is...
Bitcoin in the range of this range represents a war between the buyer and the seller Compare the reaction when the seller tried to break the range down I see that the reaction of the buyers was stronger as we got a higher bottom than a bottom and the price went up and tried to break the range to the top and the buyers were able to form a higher top than a top...
I think this is what going to happen next in BTC/USDT...#dyor
COTI is still in a trading range (Sideway) and does not follow any specific trend and we have to wait for strong movement. If each side of the trading range breaks then we will form a new direction. Keep eye on COTI. This Analysis will be updated. analyzed by Hossein 5.28.2022
Waiting for confirmation using smaller time frame for short trade.
Hello everyone. Crude oil has formed a range as marked on the chart, with the bottom of 93.25 to 95.25 and the ceiling of 114.61 to 117.67 . The bottom has been tested once and bounced back with news that EU may ban the Russian oil. Now the war has been over 10 weeks. I have the feeling that the focus starts to move away. I recommend not doing anything as...
Hello traders, Being such a long time. Hope you guys all good with novel coronavirus in the last 3 years. I am back now! Check with USOIL first since war between Ukraine and Russia has push all prices up, exp OIL. This chart on 4H CHART for USOIL is telling a story that 112-116 will be the next target zone for buyers. USOIL has been running sideways since...
Hello everyone. EURUSD has been down by 15% from the peak of 1.23ish created in Jan. of last year. Now, it's approaching the the bottom of the big sideway structure with previous low around 1.0355 to 1.0479. My trade plan is as below: 1. bullish long setup: After hitting the zone(1.0355 to 1.0479), looking for signs on 4H for reversal pattern. 2. bearish...
Hello everyone. Now has got my attention as its price approached the bottom of the range, followed by a series of bullish candle sticks. On the weekly, it's rebounding from the long-term MA. On the daily, it's leaving the bottom area with $546 and $592 served as supply level. What do you think? Give me a like if you're with me.
ICP has been one of the worst performing assets in the market. However, it has very strong fundamentals with a ecosystem that is growing at breakneck speeds. With all of the mistrust surrounding ICP in the markets, I think ICP in the short term is likely to visit ~$22, but NEEDS to range sideways for a considerable time gain buyer confidence again and make...
Hello Traders, Here is a possible LONG trade opportunity: AUD.CHF 4 HR time frame. Price was trending but seems to be moving sideways now. Trade safe :) Cheers Samantha