So we got a 30m lower high uptrend this morning after getting the higher low 30m yesterday. I went Long at the close of yesterday looking to get back up, and it did overnight but ultimately came back and profit stopped me for only $200 before heading up the rest of the way. With the lower high 30m at 4136 I've gone Short this morning at 4139. I was up fairly...
Hy team we are here to update about GBPCAD. GBPCAD is making bearish flag pattern after breaking the main Rising Wedge Pattern. Here it has maximum Chances we can see a good drop in price. In this Move we can see 100 to 150Pips drop. Keep in touch we will update further soon
TVC:GOLD Gold prices (XAU/USD) showed some buying interest after falling below 1990 during the Tokyo session. The precious metal has seen some recovery as the US Dollar Index (DXY) is struggling to extend its rally above 102.75. Gold price has yet to develop a strong uptrend as it needs to pass more filters to gain traction. Gold price analyzed the breakdown of...
So we ended up with the 30m higher high by 2 points when it came in. That let's the 30m call for correction, the 1hr-3hr calling for a movement down, the 4hr fairly neutral, and the 6hr/12hr calling for movement up. All in all I feel like there is less direction into today than yesterday. I sat out yesterday and may likely sit out again today. Trends into...
A strong uptrend remains in MSFT as it hunts for the next key resistance level. Letting it ride and raising my stop.
Welcome back! Let me know your thoughts in the comments! ** GBPCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
So here you are again, sitting at the mid 4150 level. Overall trends have shifted from an upside trend movement at the beginning of April (Yes... we got stuck up here since April) to a downside trend movement now in the Middle of May. I think we are very close to getting a 1hr uptrend, which will be a lower high, and then I'll be looking to see if we reverse from...
I made this indicator. blue is made from volume. black is made from price. I need you to comment on this. how you interpreting this chart? what happens next?
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Expect some steam to be left off and consolidate sideways before testing R2 on CPR. Chances of trade between R1 and CPR levels seen more favorable given the broad CPR spacing on Weekly TF.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPCAD is overall bullish trading inside the rising channel in red. Moreover, the zone 1.68 is a support zone . 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. As per my...
In my most recent BTC analysis I talked about a potential break out of the bearish channel that we've been trading in for a couple of weeks. After a failed bullish break out, we moved back towards the bottom support of the pattern. The reversal from the bottom was quite powerful, so I wouldn't be surprised if we see a couple of bullish days ahead. Bullish...
GBPUSD SHORT Opportunity Hello FX traders, here's a chance to Sell the GBPUSD pair. Despite the BIG rise recently, the price behavior showed some weakness since the beginning of this year, as it started to show lower highs and lower lows. What reinforces the expectations of the decline are the fluctuating conditions in the United Kingdom, which will be reflected...
Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
So we've got a lower high 30m, and the downtrend of the 30m would be very easy to push below coming in at anything below 4146. Many of the other trends are likely still poised to bring in lower lows if we have any downward momentum. However, momentum seems to be nonexistent. CPI data has normally been a major mover, but in the end it wasn't. Jobs giving way to...
This "rally" we have been experiencing in the SPY I think is largely a bounce from the previous legs lows. If this turns I suggest a base case for a 30% drop from current levels bringing us to about 293.50 or so. Not necessarily straight down but that will be my target. Getting concerned that complacency is starting to return as well as some risk appetite. It's...
So I'm glad I didn't jump into 4160 as a short near the end of yesterday, as it gave me the chance to get in short at 4167 this morning. We've gotten a lower high and a higher low (just hit) for the 30m trend. That leaves me with some skeptic optimism that the market will continue to fall (is optimism the right word?) and we can discount the 30m and look for the...
Hy team we are here to update about EURUSD. EURUSD is making Rising Wedge Pattern. Here we can see a good drop in price after this Wedge Breakout. Keep in touch we will update further soon