Hey Everyone, Yesterday we had a break and close below the retracement range opening the swing range, which played out perfectly and respected the level for the swing bounce. Today we had a retest of the full swing range again and now also very close to the channel bottom. This area is a strong support zone. We have been taking buys from this support levels for...
BUY ABOVE - 43940 SL - 43810 TARGETS - 44100,44260,44480 SELL BELOW - 43810 SL - 43940 TARGETS - 43700,43530,43350 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Hey Everyone, We had a break and dose below the retracement range opening the swing range, as per the chart. This played out perfectly and respected the level for the swing bounce. We took a buy from the swing range for a ride up all the way to 1937, as highlighted on this chart for 170 pips covering any premature positions - BOOOOM. We plan to continue with...
Hey Everyone, Please see update on our 4H chart idea. We got the bounce from 1948 like we suggested yesterday but for 30 pips trailed and not the full 1963 before the drop. The drop completed the full retracement range, now also completing 1936, as the last bearish target in this structure. Price is now testing a crucial support area also inline with the...
Hey Everyone, Please see update on our 4H chart idea. Not much action in the market due to US holiday. We had some ranging movement down into the first level of bearish support at 1948, just before the retracement range. Price may find support here at this Goldturn level for the bounce up into the first Bullish target at 1963 or a break and close below to...
Hey Everyone, Please see our 1H chart with updated levels, targets and Goldturn channels. Market is ranging sideways and therefore the perfect time to draw both ascending and descending channels to be able to track the break out, whichever way it goes. We don't get hung up in catching the direction of the breakout but more so to be able to track it, whichever...
Hey Everyone, Please see our 4H chart with updated levels and targets. Market is ranging between 1936 and 1976 support and resistance structures with another re-test at 1976 looking likely. Price has broken out of the channel and looking for a retest on the channel top for support, also inline with the retracement range. Support here and we are likely to see...
Hey Everyone, This chart has played out perfectly with the retracement range being hit and now followed with the bounce up, with 1968 looking likely for a re-test. We are also keeping in mind the candle body close above 1968, left 2 weeks ago, opening a longer range gap above at 1992. As long as price remains supported above the retracement range, we can...
Hey Everyone, This is a quick update on our weekly chart outlook and setup, we have been tracking for a while now. We stated last week the likely target drop into the retracement range for a push up. We got the perfect test into the retracement range, followed with the weekly candle nearly wicking out with the bounce up. We were able to track and trade this...
Entry: when price clears 468.03 Volume: with daily volume greater than 2.7M Target: 511 area Stop: Depending on your risk tolerance; 453.70 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
The price is still moving inside the wedge. A good time to enter the short position would be when and if the price breaks out of the support. Target is shown on the chart.
On the chart we can see a falling wedge pattern. Our strategy is to enter long when the price breaks out of the falling wedge formation. Look for the volume increase in order to avoid the trading false break out. Target is shown on the chart.
Traders, What the charts are showing me concerning altcoins is not good. Caution is warranted with maybe a few exceptions. Let's take a look at what the charts are showing me. 00:10 - Intro 05:26 - Bitcoin Chart 08:20 - The Dollar 09:04 - The VIX 09:39 - US500 10:51- Bitcoin Dominance 12:18 - Altcoins 17:12 - User Requested Stew
Hey everyone, A piptastic finish to the week for us on the charts, with all our chart ideas playing out as analysed. Please see our 4H chart idea shared on Sunday, playing out level to level into the retracement range and then supported by the channel half-line for the perfect push up, hitting all our bullish targets. We continued with our plans to buy dips for...
Hey Everyone, Our plans to buy dips this week has been playing out perfectly. Once again we had another drop into the full retracement range with a break and lock below 1937, which opened the swing zone. We saw some movement into the new swing structure but still room left, as price found support at the channel top for a push up. We rode the movement up from the...
The USD/JPY pair is currently experiencing a moderate increase, with a gain of approximately 0.13%. The price has rebounded from a low of 133.89 and has climbed to 134.73 thus far. The bullish side has shown strength in defending the trendline support and maintaining control over levels above 133.50. The recent rebound from the 61.8% Fibonacci level suggests...
Hey Everyone, This is our 1H chart once again playing out and respecting levels today, even with high volatility and FOMC. The retracement support structure area is still providing the perfect bounce every time, inline with our plans to buy dips. No further changes to our plans, as we continue to track the movement until the structures highlighted on yesterdays...
XAUUSD 1H time frame short setup - buy setup Thanks For Watching