The USDJPY has a potential two set ups to the long side, which isn't helpful, especially as it failed to break Friday's high or low during the overnight session. I am looking for longs as the EURJPY and GBJPY have taken out Friday's high, and there is a clear trade off level for each. GBPJPY EURJPY The RRR is also greater than 1:2 for all trades, so as long...
For my observation the gbpusd is ranging trying to make next move and it broken the resistance level therefore market is likely to move up so going for long is needed
Hello traders , Cosmos has crossed the trend , the next expected movement is crossing 13.0 after correction between 12 to 11.5 . Trade safe ,
Quick note: I am slightly bullish, but I need to see more strength in the TPI. As of right now it's only 0.25 on BTC, where 0.2 is the threshold to go bullish. I wouldn't swing long on a lot of trades with a lot of risk as of yet. It is very likely we do go a bit higher, if we see shorts get liquidated:
EURNZD recently bounced off the broken resistance turned support and continued rising steadily. Price is approaching strong resistance at 1.80670 from where we can expect a rebound. Recommendation: Buy Limit orders at around 1.77350.
The price action created higher highs and higher lows and then started to move sideways. The price action has created a cup and handle pattern. The price is expected to break the resistance level and move upwards.
So I cashed out when we struck the 12hr trendline around 4095 yesterday. With the way the trends are looking I think I'm likely to just sit out for today and let the market play itself out. While I was stopped out and lost nearly half of the surge I gathered in the 6E, between the few hundred on that and the money made on the S&P I've more than surpassed my weekly...
-Daily is Testing the Daily 20 and 50 ema area -Daily is in a clear up trend making HH / HL -MSTR is highly correlated with BTC and Crypto in general which is currently in an uptrend as well -Entry came at the break of the 1h wedge -The wedge pattern could also be taken as a flag which is a reversal pattern (in this case going long) -MACD -Price is testing a...
A strong bullish trend has developed on the 1-hour chart of USD/CAD, which is underscored by its timely yet shallow retracements. It's found support along the 10-bar EMA to show bullish momentum is increasing and the OBV (on balance volume) is trending higher with prices. A retracement has also found support around the weekly R1 pivot and the high of a prior...
So I'm currently running two shorts, one on the ES! and one on the 6E. I attempted both a Long and Short yesterday, and both were profit stopped for $100, so after only making HKEX:200 yesterday, I waited until the close and then went short on the market into today, ready to bail if the S&P decides to shake off the movement down... again... and rally into the...
Hello, friends. Nice to meet you Bitcoin Adjustment Started, Hope You Don't Overdo Your Buying Position I brought a 4H chart to help you guys I hope you look closely at the black upward trend line and refer to it for trading Everyone, fighting!!
Analysis of the DXY looking at a potential bearish pullback trade. Price has recently consolidated & violated a key level of structure. Now we expect that previous level of structure support to act as resistance & be the reversal point for the next extension lower. Hope you enjoyed the video, if you have any questions or comments, please leave them below. Your...
does it go back to 1.53? the support is there 0.5 - 0.6, the resistance is free
Neo Battery Materials TSXV:NBM OTC:NBMFF stock has been trending higher on news of hitting a new milestone in the lithium-ion battery sector.
Following the impulsive movement up since the March 23rd low, the chart formed an expanding flat which is followed by another smaller expanding flat. The longer the build up, the bigger the potential down the track. Usually a bigger impulse (after the flat) followed by consolidation is more desirable. If you look further back at the market structure, this ticker...
Major earnings are coming in this week, although not today. Coca Cola was the only major company to report today, and they beat earnings expectations by basically acknowledging they just passed price hikes in production to the consumer. With the bigger Earnings of Google and Microsoft tomorrow, then Amazon and Meta later in the week, I expect tomorrow to begin...
Potential Bearish Entry Dow Theory In Place - Lower High and Lower Low Expected in Place Formation of Harmonic Bearish reversal Patte coupled with bearish divergence at potential reversal zone (PZR) Entry at LL on the basis of harmonic reversal pattern and support and resistance. SL & TP Levels are defined.
Are you on the hunt for a buying opportunity on the GBPUSD pair? Well, look no further! The bullish shark pattern may just be the key to unlock your trading success. At the potential buying opportunity completion level of 1.2338, all that's needed is a 3-bar reversal for the final confirmation, making it a prime time to take advantage of this bullish market...