Gold with selling pressure that happened on Friday. -It has reached its support level which is the price (2012-2017). -By retesting the resistance level (2032-2038) and collecting the available liquidity at this level, the price can start its downward movement from this area to the level of 2013. -If there is more buying pressure, it may grow to collect its next...
FX:EURUSD Price is near the support zone. Price can rise to the top of the channels trend line. *Your likes and boosts helps me so much to grow up my profile so please don't forget to like and follow❤ *Please do your research first and then open a position( Not just by my analysis )🧐 *If you liked this idea or if you have any other opinion about it, write in...
After 9 Months Accumulation Period , Finally Price Breaks the Accumulation Zone of 445--455 And closes above the breakout Zone. Volume Also Supporting the price which indicates sustainable breakout in price after long time. Keep eyes on #IGL. Add your quantity when any dip seen in price or price comes down to retest the Breakout zone. Good Return Expecting in...
Lower High and Lower Low have just been formed in the m5 timeframe, showing the validity of the sell setup. The bullish trendline has just been broken and retested, creating a lower high. Sell! Sell! Sell! Hurray.
Hey tradomaniacs, looks like we had a fakeout on AUD/USD and so a nice chance to short it if confirmed. We usually wait for a re-test and rejection to be safe, but if u want to trade aggressively u can also early-enter with a potential re-test. However, recent news were mixed so market is very wild and risky to trade. What do you think?
Ill be keeping an eye on price action towards market close and early next week. I'm very interest in a longer term swing short trades but for the mean time I'm looking at a short term continuation long.. hope everyone has had a good trading week and ill be back on Sunday to cover any possible setups.
Possible Buy Idea at current market price -JPY retracement already confirmed at support area -take note RSI is at floor level which indicates a Strong buying potential
the premarket is above our support the orang line , we should hold to confirm the price continuation till the first profit taking , then if we broke this level we going to have a test for the other 2 profit taking . remember the profit taking area is area of possible rejection and short coming in , the only way to find out that we will continue to go up, is...
SP:SPX Hello traders. Let's take a look at the S&P500 to see if the chart matches the sentiment over the last few days. In my opinion SPX isn't quite ready on higher time frames for serious bullishness. Others may disagree but when an objective method of trend analysis is applied to the weekly chart it becomes difficult to make a bullish argument. When two...
Looking for a right shoulder to form giving a nice opportunity for a long term short position. Look for 4 hr rejection from the sell zone to confirm entry, we may not see the move this week but ill definitely be on the look out as this resistance level to hold strong and create if not a long term position another easy opportunity for a quick move down.
we formed a triangle last Friday , now we have one critical level to confirm the breakout and going towards the 16.20$+, which is breaking the 12.51$+ resistant. cause if we didn't had that reaction and broke the triangle from below we going to have a visit for the support above the 8.24$, and the bottom above the 6.50$ , if we didn't hold above support level .
Gbpchf is bearish PRICE is going to 1.1115 Favoring the downside 90%
After showing a trend of Lower Lows & Lower Highs market recently showed a trend of Higher Lows & Higher Highs. So if the marker breaks the previous swing low, we can expect trend reversal. If this happens we can look for sell on rise. COMMENT YOUR VIEWS Disclaimer: Above is for educational purposes and not buy/sell advice. SEBI Unregistered
All information provided in the video. Keep on watchlist. Feel free to comment and share your thoughts Thank you and trade safe
Still monitoring around support but hold stops at break even now as I don't want to stay stuck in a consolidating zone. Wouldn't be surprised to see a break as you must keep in mind overall direction.
Looking for price to make a move from 1.015 back up to at lest 1.025 to continue the 4hr sideways pattern. Look for price to rejection on the 1-4hr for confirmation to buy. If price pushes below 1.01250 this setup is invalid. Good luck!
The candlestick indicates a low price momentum compared with the T-2 candlestick with the price closed above the opening price. Hence, the candlestick indicates a divergence signal where high volume momentum; crosses above the MA20 line. MACD and OBV indicators indicate a divergence signal and confirm the price candlestick towards the MA20 line. The price Point...
Analysis of #CHFJPY It Seems today all ideas are on JPY pairs, here is another one Similar to my AUDJPY & CADJPY analysis a couple of minutes ago, here we have trendline resistance with supply zone, and a bearish harmonic Bat pattern completing near this supply zone & trendline resistance, to provide a reason to get in a big sell entry. ...