Gold D1 We ended up closing in our support region, around $1900 after pinned 100 pips short towards our 1890 support region. Not sure how much we may see in terms of corrections, we have the obvious zones acting as resistance as we expected as support. $1916 and $1942 respectively.
The Reason behind my Sell is very simple and straight forward.. Looking at the JPYBASKET,, i saw price was about to go Bullish based on my Bias and i saw a Sell Bias on the GBPJPY. So, Logically, anything that happens on the JPYBASKET is the reversal of what happens on GBPJPY. That's my reason behind me GBPJPY Short. Entry: 163.645 SL : 163.846 (21 Pips) TP ...
Hey traders, It looks like we have a classic bullish reversal on GBPAUD pair: the price formed an inverted head and shoulders pattern on a daily time frame and then broke and closed above its neckline. Now I expect a bullish move to 1.773 - 1.778 supply cluster (first goal for buyers) 1.802 - 1.808 supply cluster (second goal for buyers) ❤️Please, support...
Hey traders, NZDCAD is trading in a long-term bearish trend. Lower highs are perfectly respecting a major falling trend line on a weekly. After the last strong bearish wave, the price reached that again. On that, we see a descending triangle formation on a daily time frame. To catch a bearish swing wait for a daily candle close below its support to confirm a...
Top-down analysis on S&P500. Price action, structure and key levels. Potential scenarios and thoughts. ❤️Please, support this idea with like and comment!❤️
Even though AUDNZD remains very bullish since the end of the last year, the market is approaching a major falling trend line on a monthly time frame at the moment. Taking into consideration how the market reacted to that trend line in the past, chances will be high to see a bearish move from that. To sell with a confirmation, on focus is a rising wedge...
Hello traders. The technical sentiment says are more sellers than buyers. When performing the analysis it looks like this: Downtrend - lower low & lower high As long as price stays below lower high price can continue selling off. However, if price passes the lower high, that will indicate a reversal. Until then its best to keep selling.
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Given the clear 3 level drop on the monthly chart and the level 3 consolidation visible on the monthly chart, this pair is rising on a long term perspective. As such, I have noted areas of interest for entries and profit taking. Following the structure, entering quarterly peak lows and holding (quarterly swings) while maximizing on the weekly cycle in relation...
Hey traders, here is a brief technical outlook of 4 peculiar instruments on my watch list. 1️⃣ EURUSD - Daily time frame 🇪🇺🇺🇸 Yesterday the price broke the last higher low level to the downside setting a lower low. It is a very strong bearish clue and now the pair may drop lower. Directional bias is bearish now. 2️⃣ Bitcoin (BTCUSD) - 3 days time frame...
EURCHF is trading in a long-term bearish trend. After a retracement from a new structure low the price formed a big head and shoulders pattern on a daily. This night bears managed to break its neckline. I believe it will trigger a strong selling reaction. Initial target - 1.0035 ❤️Please, support this idea with like and comment!❤️
After a confirmed bearish breakout of a major rising trend line on a weekly, USDCAD did not manage to return back above that. I believe that the pair will keep falling soon. For entries consider an occasional retest of a broken trend line. Closest support: 1.225 - 1.235 ❤️Please, support this idea with like and comment!❤️
From my technical analysis, MONTHLY & WEEKLY timeframes are well positioned at the resistance level. Daily timeframe has shifted structure. I will advise you to wait for 4H to change market structure to short. This is for SWING traders but for shorter term traders, you can adapt this to your strategy. For next week, I will be looking for long opportunities in...
Hey traders, here is a brief technical outlook of 4 peculiar instruments on my watch list. 1️⃣ Dollar Index (DXY) - Daily time frame 💵 The index is trading in a strong bullish trend. Since the beginning of March, the market started to consolidate within a horizontal trading range. Its bullish breakout will trigger the next strong bullish wave while its...
GBPEUR- long the price is on the trendline support right now. if it breaks up the minor resistance line, we can open long pos
Sol, it’s amazing REWARD ratio. It can pay of really good. Breaking 50 MA. Don’t forget to check my others trade ideas. Don’t miss out new ideas like and subscribe. If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always er put quality over...
BNB is looking great as well. Chart is self explanatory. Check out the other swing trades. If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always er put quality over quantity, don’t forget to follow us for SWING trades research on risk and...