Hello traders! Today, GBP/USD continued to face new downward pressure, dropping to the 1.2100 area before experiencing modest recovery during the European trading session. Short-term technical prospects indicate that the downward trend persists, despite some sideways movement. It can be observed that retail sales in the UK decreased by 0.9% compared to the...
Hello traders! GBP/USD closed the last two trading days of the previous week in negative territory. Although this currency pair attempted a modest recovery at the start of Monday, it failed to gain momentum. At the time of writing, GBP/USD continues to maintain a downward trend, with prices fluctuating around 1.217 and declining by 0.37% for the day. If...
Hello dear friends, Currently, USDJPY is continuing to strengthen its price levels after several days of sideways trading within a narrow range of 149.42 - 148.32. However, in the long-term perspective, USDJPY may still continue to rise as this currency pair is receiving recovery due to the positive risk sentiment amid the conflict in the Middle East. The...
Hi Guys! This is a Macro Technical Analysis on Shopify (SHOP) on the 1 Week Timeframe. Its to add to my previous analysis while keeping it brief and concise. Recently we Broke through and confirmed BELOW both the Uptrend Channel and the 21 EMA. Normally this spells TROUBLE, especially if we confirm BELOW 21 EMA, as this moving average normally holds SUPPORT...
Ever wondered about the intricate tango between bulls and bears in the trading world? 🕺💃 Let's take a peek at the Euro-dollar's current moves on the weekly chart. While the bullish trend has held its ground, recent weeks have seen the bears making their mark. But, there's a key level – 1.0637 – that holds the secret to shifting the scene. A break below this...
Good Afternoon Traders, As GBPUSD is in major sideways, I would recommend you guys stay away from trading or use some solid sideways market strategy. if you are a indicator-based trader, try to avoid trading at all costs. Happy Monday Not A Financial Advice
📈 Forex Trading Analysis 📉 CAD/CHF in Sideways Channel - Potential Trade Setups! #Forex #CADCHF #TradingOpportunity #SidewaysMarket #TechnicalAnalysis Hey traders! 👋 Today, I want to share an exciting opportunity in the CAD/CHF currency pair. The 1-hour chart indicates that the market is currently moving sideways, which presents an excellent chance for us to...
📊 #ETHUSDT Sideways Trading Strategy 📉 #CryptoGeeks #TradingView #TechnicalAnalysis #SidewaysMarket Greetings, fellow crypto geeks! 🤓 Today, I've got an exhilarating trading opportunity for you in the ETHUSDT cryptocurrency pair. On the 1-hour chart, we've detected a mesmerizing sideways market with no distinct bear or bullish trend. To leverage this situation,...
🚀 DOTUSDT Sideways Trading Strategy! 📉 #DOTUSDT #Cryptocurrency #TradingStrategy #TechnicalAnalysis #SidewaysMarket Greetings, fellow traders! 🌟 Today, I have an exciting trading opportunity in the DOTUSDT cryptocurrency pair. The 1-hour chart reveals a sideways market, lacking a clear bearish or bullish trend. To capitalize on this situation, I have devised two...
🚀 LTCUSDT Sideways Trading Strategy! 📉📈 #LTCUSDT #Cryptocurrency #TradingStrategy #TechnicalAnalysis #SidewaysMarket Greetings, crypto enthusiasts! 🌟 Today, I bring you an exciting trading opportunity in the LTCUSDT cryptocurrency pair. The 1-hour chart indicates a sideways market, lacking a clear bearish or bullish trend. To capitalize on this situation, I've...
📈 SOLUSDT Sideways Trading Strategy! 📉 #SOLUSDT #CryptoTrading #TechnicalAnalysis #SidewaysMarket #TradingStrategy Hello fellow crypto traders! 🚀 Today, I have an exciting trading opportunity in the SOLUSDT cryptocurrency pair. The 1-hour chart suggests a sideways market, lacking a clear bearish or bullish trend. To make the most of this situation, I have...
📈 GBPDKK Sideways Trading Strategy! 📉 Hello traders! 📊 Today, I'd like to present a compelling trading opportunity in the GBPDKK currency pair. The 1-hour chart indicates a sideways market, with no clear bearish or bullish trend. To make the most of this situation, I have devised two trade plans using buy stop and sell stop orders, targeting potential support and...
The term 'sideways market' refers to a phenomenon when there are no clear trends found in the market. Instead, prices are rising and falling, sometimes sharply, but not in any consistent direction. Sideways markets are typically volatile and indecisive.
This is not a lot, but it is something, at least the second target has a good Profit Factor. I'd engaged the Bullish Shark Pattern and if you have noticed, the market is on a sideway movement, which is great for counter-trend traders.
NSE:HIL is moving sideways from last week. It takes support at the same price taken last time and resist at the same price taken at last time in 15 minutes timeframe.It is moving in a channel. The 50 and 200 moving average is aslo sideways. Wait for a good breakout with volume. It is good for taking trade for intrady trade. If it gives breakout we are going to...
Taking entry on a sideways graph with a potential profit. Long from support 1. EUR vs PLN
Hi everyone and Happy new years 2023 From Thailand. Wishing you happy and wealthy. Okay let talk about BTC, we surely BTC are in downtrend and now are sideway in downtrend after that no one know it will go to lower low or make reversal pattern but we can do trading by use Stochastic you see in Charts Stochastic quite affect in sideway, my advise is when...
In the chart above I have provided a simple analysis on SPY that takes into consideration channel confirmation estimated by using an average deviation in the two hour timeframe. 1. As you can see previous pennant support has been broken to the down side. 2. Forcing price action to fall down too 375 where price action has seen a STRONG DEMAND before in...