These are just my own thoughts and analysis on BTCUSDT. Do not take this as financial advice.
BTCUSDT has been in a symmetric triangle formation in the past 15-20 hours. This means a breakout or a breakdown. Either way the price goes, it is profitable! Keep a close eye on this pattern.
My setup(not financial advice):
Close Above 10MA of the high: Long
i m looking for one more move down to atleast to previous weekly lows beacuse its made a noce bid correction i will wait for it to make a nice daily or at least four hour flag them im interested in to sell lower let see how its goes.
Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
A bullish scenario is needed, as well as a...
My Thoughts on AUD/JPY Price is Due Large Weekly Bearish Phase I will be looking to Take an Opportunity if I get a Momentum Shift and Break of Trend on the 30m chart. I am a Daytrader, so I will be looking to take Sells on all my JPY pairs for the foreseeable future. I dont recommend trying to Swing Trade this Reversal as the markets can usually behave erratically...
Pls like this post if u find this idea helpful.
We wait to see what the price will do but we think this is end of strong uptrend for nzdusd.
We are waiting for Breakout and Retest to go SHORT.
We can maybe see a big drop in the price in next period.
Greetings dear traders!
For you attention, technical picture of xau / usd for current week.
• Average volatility of asset per month: +-507 points;
• Average change in asset per month: +-263 points;
• Week targets: We waiting a big volatility , because of President election in USA;
1855-1848 - Support
SBIN has given ascending triangle breakout on 25-Aug (on daily chart) with high volumes & is in rising channel pattern now. RSI is at 67
Now it's Heading to 220,230 in 15-20 days SL 200 this is around 5-10% R.O.I
USDJPY has rallied past initial resistance at 107.22 and is seen to be pulling back at the moment. In the short term, focus should remain for a potential rally towards 108.30, until 106.00 remains intact. The wave structure highlighted here since 111.75 highs is as follows: The drop from 117.75 through 106.00 was an impulse, Wave 1 on the chart. The subsequent...
Deal with medium risk. Try to trade for a breakdown of the ascending triangle with aim of retest level of resistance.
Buy: $8 900
Take Profit: $9 490
Stop Order: $8 690
Good Luck Have Fun!
Overall trend o CADCHF is bearish o the weekly time frame. Expecting more bearish movements after the breakout of the short lived bullish trend. We should wait for a retest from breakout zone and enter a sell position. First take profit target set is at 0.68735, second take profit is set at 0.68338 and the last TP at 0.67600.
this pattern been made by the spy few times before
we are in a bullish wedge
pullback failed the 266 support and touch the 262 still i think we will hit the 282 300 market need cross 274
to many good news going on
only reason spy drop from 330 was for the corona virus pandemic
very oversold rsi ma looks very good for more rally
266 262 252
NZDCAD LONG IDEA
NZDCAD has been very bearish on the higher time-frames but we have seen a bit of a bullish trend on the daily.
We can see that the weekly resistance level around 0.85000 was broken last week and price action is currently consolidating.
Although we see a lot of exhaustion on the daily there is bullish pressure still present. On a 4hour...