Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.
Hi everyone !! On NZD/CAD we have a huge demand above. Because overall structure bias is bearish and that can confuse a lot of the traders if the price starts to reverse. The Demand (POI) market on the chart is on a daily TF so it can mean that whoever buy from this it can buy again and make trend reversal. Every time you place a trade make sure that your...
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry at FIB LEVEL 0.382 SL & TP Levels are defined.
Price action is setting up for sellers to take control as we could see a potential H&S pattern printing within the bear flag structure stsrting from the strong impulse down at the double top range. Wait for bearish confirmation before entering a sell position. Thanks Trade Safe
Price action has developed a larger descending channel on the HTF which in nature is considered a reversal pattern. Looking at the LTF we can see price impulsively reversed from the upper boundary moving correctively to retest the top of channel again. Wait to see if we get a bearish confirmation for a sell opportunity. Thanks Trade Safe Share your opinion by...
Price action is developing a flat formation which we may see one more leg down before the next impulse phase. We can see a clear uptrend in the HTF which a long opportunity at the bottom of this structure giving is double bottoms would be a good opportunity to buy. Thanks Trade Safe Share your opinion by leaving a comment below.
We have a nice head and shoulders pattern on the 1hr time frame for EURJPY, there is also double confirmation coming from a good rejection from the 4hr resistance @144.486. we also see the breakout of the uptrend we currently had going on for the past week making it even better opportunity for the sell coming up. A nice point of entry would be around @144.000,...
Hello everyone, let's look at the MATIC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $1.07, if the support is broken then the next support is $1.06 and $1.04. Now let's go to the resistance line, as you can see...
With central banks having to promise they would deal with the liquidity crisis that is apparently everywhere and avoid another 2008-style meltdown of the industry. Crude oil prices came off their lows as the near-term outlook for the banking sector improved, easing concerns about an economic slowdown later in the year. Markets are also holding out for more cues...
📈 current GOLD trend: BEARish 🐻❄️ ✅ entry strategy 👉🏻 sell at retracement or wait for confirmed price rejection ✅ sell area 👉🏻 1984.01 to 1990.86 ✅ downside target 👉🏻 1955.00 💲money management 👉🏻 1% risk maximum for 1 position Regards, GWBFX
EURUSD BEARISH Signal on 1 Hour Chart FAKEOUT RSI MACD DEVERGENCE.
The candlestick indicate a divergence signal where the price closed above the MA line without significant result in volume. RSI is gaining positive momentum due to fresh buying interest from the trader on the stock. But not contribute much on the volume. MACD indicates a divergence signal and coherence with the candlestick price where the price closed above the...
I wanted to share with you my trend analysis for Axis Bank's current trading situation on TradingView. From my analysis, it appears that the stock is approaching a key support area, which could present a potential opportunity for a long position. As you can see from the chart, AXIS Bank has been in a generally upward trend over the past few months, but it...
#HDFCBANK ( W TF) 👉 The stock is taking Resistance from weekly supply zone And also Consolidating near the Resistance zone & The support is at 1575.✅ 👉Weekly Close below the 1575 will lead the fall to the 1500/1450/1380( i.e Next Demand Zone) in next coming trading sessions. 👉Add to your radar✅
Finolex Industries Ltd: (Short) Expecting a downside correction towards the 130-140 levels in the short term.
you can short finnifty you can see bearish movement further in #FinNifty.
The candlestick pattern indicates the price has rebound from the price support range. Where the price gains momentum towards the R1. Although there was a significant price movement the result in volume is lower than the average volume. Hence, indicate an accumulated phase pattern but suggests that the long-term uptrend remains intact. The MACD is in a divergence...
ARPA has been going down for a while now, but It has to take a breath and this looks just like the spot to do. For a week or so I expect it to be bullish... I don't really have any optimal trades tho, I bought some and will keep an eye on it. I'm not an expert so, I don't recommend to take a position without checking it yourself.