The Kiwi saw a nice ~30 pip pullback during the US trading session today after gaining 60 pips over the previous 2 days. With still plenty of room to grow on the H4 RSI and a failure to close below the day's open I see this move continuing on upward this week to at least to the ~0.691 levels where we were before last week's interest rate announcement.
If you want...
Good morning, traders. Bitcoin continues to ride the resistance line from the $6000s and is currently sitting just under the McGinley Dynamic. Not a whole lot has changed and the targets from yesterday remain valid today (review yesterday's linked analysis). The 4H RSI did break out bullishly from its descending wedge, though, and is currently sitting just under...
This pair is back at support 14.00 - 14.20 area, for the third time. Each time making a higher swing low (marked by the blue steps).
Yesterday's high has been broken, indicating a possible change in direction, to continue the uptrend.
Target areas: 14.50 / 14.90 / 15.20 / 15.60 / 16.25.
The chart shows a possible breakout on USD/JPY, clearly stated by the short volume the market has, and three levels of support being tested 3 times in the past. Just remembering, the more times a key level has been tested in the past, the more accurate it can be.
Price has also reached a Swing Low, which shows more evidence of a future strong and definitive...
Hello. Welcome to some random guy's educational post on Tradingview - who thinks he knows enough about trading to teach other beginners. Whether you are a beginner at trading or investing, these tutorials will help you tremendously in gathering a basis for your interest in this game. Because in fact, this is a game. A game of wins and losses, how we manage them,...
Hope this idea helps!
Like/Follow if you enjoyed this post :)
ETH had a confirmed swinglow a few days ago which started this uptrend. Although it was a very weak singlow it was still enough to catapult the price. We are looking for an exit around the $562.45 resistance to see if we will blast through or retrace.
Enjoy life, enjoy trading!
This trading strategy is a complex support and resistance trading strategy that uses diagonal support and resistance levels. Unlike the traditional horizontal support and resistance levels, the Gann fan angles are mathematically calculated based on the price, time and the price range of the market.
The Gann fan trading strategy can be applied to all markets and...
Alright folks, I know I dropped a COINBASE:BTCUSD analysis for you yesterday (and its held solid!!!)....but I felt like it would be beneficial to provide something less "predictive" and just drop some facts.
So as I said, no predictions today, just facts!
And I must say, these facts look real promising; all signs point to a significant momentum shift in the...
Pair created a new swing low on that invalidated the 1st 4H trade setup.
Now the rules of the RSI 80-20 Reversal have been met.
1st Swing Low (SL)- oversold RSI - 2nd new Swing Low - buy stop at high of 1st SL
New 30m Timing Trendline drawn
Entry at 4H Buy Stop
Take Profits will be shown on update
Pair has failed to make a new swing high
Price is making lower highs lower lows
Price can bounce bullish off 50 sma or break below it
Price can consolidate between 50 and 100 sma
As price falls from 50 to 100 sma it can go half way and return back to 50 sma
If that happens price can move above 50 sma and rise to swing high target
Or price can bounce short off 50...
LTCUSD 2H RANGE TRADES
Entry breakout above 50 sma
1st Take Profit Range Top @ 184.78
2nd Take Profit Swing High @ 211.65
Short Trade - My Bias
Enter on 15m chart
1st Take Profit Range Bottom @ 167.58
2nd Take Profit Swing Low @ 143.35
Short Bias - Macd is below both 0 level and Red Line
Price between 50sma & 100sma
Price will breakout from sma's
Breakout above 50 sma
1st Take Profit Range Top @11712.3
2nd Take Profit Swing High @ 12909.3
Breakout below 100 sma
1st Take Profit Range Bottom @ 10457.4
2nd Take Profit Swing Low @ 9518.1