first it made rising wedge pattern
now it is making triple top trendline
it all depends on fed and boj
if it breakout to upside then buy retest target 150
or sell third retest of trend near big daily resistance near 145
Gold is on a downtrend at the moment as DXY(US Dollar) is showing signs of recovery after the big dip in March.
But anything can happen at the moment with everything going on with BRICS
Wait for either the breakout or retest of the trendline before you place trades.
If price breaks above the trendline buy the retest to 2030 but if price retests at the...
Just make sure to follow the trend. With a weekly that is bullish, and a visible daily trend-line, the best thing to do is wait for price to come to that trend-line. A good trade if we see rejection occurring on a lower time-frame.
FILUSDT has the range between 2.7 and 3.2.
ATL at 2.59 was broken and 2.34 was printed in December.
I am waiting for the test of 2.7-2.8 and then touch of trendline 3.8-4.1.
4H: Predict calls to sell + RSI overbought.
Gbpchf pair in overall downtrend. I decided to spot a good retracement opportunity heading towards the downward sloping trend line. Also, I used fib retracement tool for additional confirmation. Good luck!
Order BUY NVDA NASDAQ.NMS Stop 122.08 LMT 122.08 will be automatically canceled at 20230401 01:00:00 EST
NVDA daily RSI divergence with pinnacle pattern consolidation if we clear it from above can run into downtrend resistance trendline
Hello friends.
after 1 week Rally , Etherum Reach its important resistance level , Near 1700.
i see a reaction to Trendline , pink line i drawn on the chart.
also MA200 is here too...
so i think ETH will fall to at least 1450 , where there are 1450 support level
and 50% fibonacci retracement level.
if the situation is permanent , Price will bounce from this level...
Nifty broke the the trendline support, next support at 16950 & 16744 as per Fib Retracement, try to short market after retest.
17085 could work as a Resistance.
16744 could become a reversal level.
This information only for Educational purpose.
SMC ;
Maybe a higher low to build a bear flag or retest for the trend broken and goes up .
Note : PLEASE do your own analyse befor u take this trade cause it's my first time in tradingview
thanks for your support and welcome for any advices
god bless u all
EURAUD hit the monthly support once again and bounced bullishly forming a double bottom with bullish divergence(D1).
Price also broke out of the trendline and is retracing back to it.
We can expect the price to drop to 1.45041 from where we can open long orders.
The initial target for buys is the pivot (1.48430).
We broke the trendling and bounce back at A. Confirming the change in trend. Best trades taken for swing positions at point A. We have a continuation to 1.618 Fib extension as out last TP and closing all positions. The trend is making Lower Lows and Lower Highs. We also have a Bearish Engulfing on Support and Resistance 137.50
Gold has risen steadily retracing back to the recently broken support.
This resistance level happens to be 61.8 fib level and also the trendline resistance.
From my previous analysis, this was my target selling zone and I'll be looking for entries in a lower timeframe.
The bearish divergence on technical indicators reinforces my sell bias.
Price broke the ascending trendline and has retraced back to it.
The trendline retest and price rejection on the daily pivot suggest a bearish move towards support level 1.0083.
Targets at 1.0121 & 1.0083
Hello 🐋
Based on the chart, the price is close to the support area , channel support and the green trend lines that act as a support ✔️
if
the price does not break the green trend line and the support area to the downside, we will see more gain to the upside from our support area 🚀
and our
important support areas are $23000 and $22700 and $22100
Please, feel free...
these are only valid if it continues up from that direction. me personally I'm only interested in the 61 and 76 fibs as there's more than just on confluence in that area which is the Trend line retest. so I'd be looking to take that. but it's only medium risk the others are high risk so i recommend risking less 0.5% or less on the white zones and 0.5% or more for...
