Hey Everyone,
AND........BOOOOOM!!!!
FOMC plan executed and completing all targets on our 1H chart setup level to level. We will now track our 4H and Daily chart ideas for the remainder of the week (see related post below)
BULLISH TARGETS
1931 - DONE
1937 - DONE
1946 - DONE
EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN 1951, 1955 AND 1961
BEARISH TARGETS
1924 -...
This is a sell trade of which analysis I did before now however I did not publish it. For the sake of learning and journaling I am publishing it now. This trade like every other trade I take is a trend trade. The USDCAD is trending down and gave a new low, I simply find and mark out the high and label my preferred sell zone represented by the red box. A sell...
Gold opened between my 2 zones and made a classic rejection off one zone to the other zone. Next strong support is 1890 then 1886. A daily close below 1886 should give us 1875 quick.
Similar to GBP, #AUDUSD is showing strength supported by my PZ and BZ. Not a pair to look for shorts IMO; EURUSD will be the better pair.
Possible trades would be to short 0.7038 to 0.6978 or long 0.6923 to target 0.6963
As bullish as it can be. Definitely one of the stronger currencies with prices above my 2 zones. Definitely not a currency to look for shorts (EURUSD will be a better pair). Support at the zone is a move higher. While if we dip, 1.2187 should again offer a good opportunity to go long.
Market is ranging between my 2 zones. It just narrowly missed the bounce off the BZ below, which would give a good long. Now price is back to PZ with divergence. Question thus is if market will reverse from here. But IMO, it is taking time to cool off before further up. Will like to look for shorts nearer 1.0837/1.0848
AUDNZD
- Long-term bearish trend
- Bullish during the last two weeks
- Established a support level
- Look for the price to fall to the lower support before continuing the short-term bullish trend
Still in an upward underlying trend, the price of gold seems to have formed a chartist figure, the flag would imply a slowdown in the price since the rise in 2018.
The causes of this new rise in recent weeks is the fact that central banks have amassed a large amount of gold during the third quarter. At first, the price could continue its rise up to $1900,...
GBPUSD:
According to monthly timeframe, market is oversold. Market has been at its lowest dated back to 85'. September candle closed with wick rejection bullish (doji candle). market has potential retest of monthly support becoming resistance. Due to the above I therefore believe the market may need a correction before a potential run bearish again.
Daily...
Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
So much for stock selection, American Express ( AXP ) was the first stock on my list, even above AAPL , and...
In a recent tweet $AMLH mentioned plans of meeting different organizations and also celebrity athletes to take its NFT venture to new horizons for fruitful business development
List of all Patterns from the start of the DPR Crypto Kucoin listing, the length
of time to the fulfillment of the Pattern on a 4hr time frame breakout, and
the percent of increase & Decrease of the breakout.
Bearish M : 7 Days -16%
Bullish Falling Wedge : 1 Day +32%
Bearish Two Candle Engulfing: -42%
3 Previous Patterns Formed a Triangle (Pending currently at...
Hello guys, welcome to my first Trade Idea published here on Trading View!
Right of the bat I apologize for if my english was hard to comprehend at any time, feel free to leave questions down in the comments if there's something you haven't understood.
As to the idea, it is based on my very simple trading system, in which I do as follows:
Look for ...
