Monthly, weekly, and daily charts all point north.
OANDA:USDCAD here we have a complete retrenchment of our last swing low. the mid-time time trend is downtrend .and the short-term uptrend has been broken and retested.
This is a high probability trade with an almost 6 year trend line that we broke out of this month sitting on a well tested formerly supply zone, now demand. That's it. Simple trade. 😇 The Daily price action appears to be slowing down so should be primed for a buy right at the trend line. Set your TP wherever you like but I'll probably set the initial TP at 73.5...
Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! Lets keep it simple. When taking a look at BTC/USDT we see it trading in a triangle. Bulls and bears respect these zones until it reaches close to the end where a decision needs to be made. Personally i...
A pedidos, explico um pouco como se daria a análise no dólar futuro e utilizando as ferramentas mais populares por aqui como Profitchart.
Continuando a série, veremos como a dinâmica de valor se comporta frente à notícias e, assim, trazer mais claridade para onde certo ativo está querendo ir, comparando inclusive com outros ativos.
As you can see, the initial wave top uptrend high from the march low was reversed at 56 bars. The next movement from the june high to the july low was 32 days (23 bars). The following movement from the july low to the august high was, again, 32 days (22 bars). Both 32 day movements were a part of the redistribution phase of a price correction in XOP's...
Upon analysing the chart. I believe that this pair has potential to hit a lower area, to around the 1818 price. Looking at the bigger time frame and seeing it's direction, it gives us a better analysis in the lower time frames to predict what will happen next.
Create, Practice, and Learn This chart is meant to help identify the general trends for ETH during 9/23 - 10/23. In my past charts, I identified that ETH / USD broke out of a long term kangaroo cycle (597 days) at the resistance line of 360. Conclusion: Since we broke the 597 day kangaroo trend, I believe we are entering a bull cycle.
Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday >>>>>>>>> EURCAD H1-Bullish trend H4- 200 EMA resistance and short term bearish correction Day-Sideways movement Weekly-Bullish flag is forming <<<<<<<<< Its a forecast of the upcoming expected market move-Its not a financial advice
We can see a late sell signal to occur with +D above - D. Positive histogram completed a uniform figure and did not start a significant negative uniform. Both 20 and 50 EMA are heading upward while 200 EMA is preparing for a cross. Expect a bull movement at market open until 12 am US time. We will either see a significant pullback until 3-4 am before the move up...
5 out of 5 timeframe swing trade success 650 Pips. Histogram and ADX signal sell before a rise. Entered trade at 5pm Thur with indicators confirming initial drop. Trend continued to 12 am. I closed as all indicators (MACD, ADX, and currency heatwaves) shifted signaling reverse. Entered the swing at 1 am and as expected slight pull back around 3am. Trend...
4 out 5 timeframe swing trade success. Entered trade at 5pm Thursday evening. Sell signal on MACD was false confirmed by + D above -D on ADX. This clarifies a pullback will happen around 12 am (strong pullback occurrence through all pairs) At 1am all indicators (MACD, ADX, and currency heatwaves) shifted entering the pullback allowing for a sell entry. A...
3 out of 5 timeframe swing trade Thur-fri. Another successful timeframe swing trade with a small pullback. At the 5pm mark downward checked out. This entry point checks out my MACD/Histogram early indicator strategy. The trend stayed true until my 12 am mark. All indicators (MACD, ADX, and Currency heat waves) had significant shifts. This gave me conformation...
Post 2 out of 5 time frame strategy thur-friday success. My previous post I showed an example of a time frame swing trade. This post is an example of my time frame trend continuation strategy. At 5 pm it was safe to enter a sell. MACD histogram correlating with -D above 25 line was a strong indication of consolidation ending for a drop. The trend played out...
This is 1 out of 5 trades I entered Thursday evening into near market close. I will post all results starting with this. Back track all and you will see the near 5,000 pips I cashed out. As presented I entered this trade at 5pm with confirmation of a trend change using my currency heat wave app, MACD, and ADX. If you study time frames you know that if a trend...
All information provided in the video. Thank you
The brexit headlines will largely influence the next movements in GBPUSD as its currently trading like a zig zag movement HOUR-1 Bullish flag,upward pressure HOUR-4 200 EMA acting as resistance,Downward pressure DAILY 200 EMA acting as support for the bull,Upside pressure WEEKLY Indecision between buyers and sellers.