Spring phase completed with the buyers become strong and beat the resistance level.
Price cross up MA20 & MA100 at daily timeframe shows good strength for buyers.
Entry option :
1. 1H timeframe when there are stopping volume (SV)
2. Daily TF when price retest the MA20
3. When stoch oversold or below 50 levels.
Target Profit
1. 30% gain up to the resistance...
Self Explanatory. You get a better picture of these levels when you take a look at the 5 min chart. The Dollar isn't healthy. I'm banking on foreign currencies until there's. shift in the cycle which won't be for another few months.
What's good traders! Haven't posted here in a while, hope everyone is well. Thought i would share my thoughts on USDCAD.
Looking to jump into this tomorrow, will re analyse this once Asian range has passed to see if we can find a smaller TF Distribution Schem. Going with the overall structure and momentum of the market, I am looking for Sells only!
Potential 20:1
Self Explanatory. Aiming for the last day it had a bearish candle around 19400. You find the bearish daily Candle in the perpetual futures contract. Ticker BTCPERP, I didn't find a bearish daily Candle in any BTCUSD exchange. But the BTCPERP charts are much better for trading CFD's anyway.
In a weekly and daily downtrend. Price mitigated from an institutional area this morning and has been going down since, creating support levels and breaking through them to the downside promptly. I believe we are going to see price go below the 1.27200 support level on a larger timeframe. It lines up with the bearish price action on larger timeframes, and i'm...
Here is a 20 minute breakdown on Ripple (XRP/USD) on what I believe we will be looking for next and how I will be approaching it from an investment perspective and intraday trading perspective.
I try to keep my trading to a minimum and only during certain times. At the end of London is one of them and though I failed my EURUSD call last night, It was my fault for not checking the calendar on the financial status of the euro's interesr rate, I believe it was. As it was coming down just around London close I noticed an odd candle at the perfect spot I like...
You have two solid bullish candles from yesterday that did not crack a previous high. The high came after a rejection bearish candle. The two solid bullish candles were over shadowed by two waining bearish candles and one engulfing candle taking us down to the low of the week.. so far. Generally in a weekly structure that looks like this, the actual weekly low...
Here is a trade idea on EURUSD, looking at possible short term short entry to the completion of the bullish butterfly pattern and a buy entry a the the leg of the hrmonic. looking to go long to take out liquidity sitting above.
$SMAR is soaring from higher than expected earnings numbers. $SMAR is benefitting from the increased demand for their products due to COVID. $SMAR products are beneficial for remote employees. With the introduction of vaccine news, we could see a strong pull back to a preferable buy zone ($59) that aligns with the 61.8 Fibonacci level and initial resistance.
EURUSD Fair value gap test higher time frame after a break of structure EURUSD may test a daily point of support after ending at a premium price last week. May move for discount
4 minutes ago
Hey guys
Please give me some feedback, I would much appreciate it
- Price broke weekly key level then rejected down
- Price showed indication of distribution
- Looking at divergence on the 1hr timeframe signifying down trend
- Break to the downside of rising wedge
- Imbalance candle on 15m timeframe lined up with 50% fib retracement.
If you feel...
I am looking to buy EURJPY once it retraces to the level of 125.50. I will look for bullish price action targeting the pool of liquidity build over last week. Also looking for the breakout of the pattern on fib time zone also aligning. Look for opportunities to come as EUR seasonality is positive this December.
EURAUD looks bearish for overall bias. but we got some Imbalance and targets on the upside which can be reached to get grabbed. AUD seasonality for the month of December is bullish and EUR is also bullish so I can see if the upside target can be reached or not. overall bearish for me. any question comment below.
Thank you
This is how we can see when we look at the market through the highest technical methods without a fundamental basis. Both USD and CHF are safe haven currencies at the moment. We will let you know this idea of ours with Fundamental in front of you
