EURGBP is going lower. My point of view is the same as my other post. DISCLAIMER: This is not a financial advice.
Nice and simple view of BTC rn. a nice pennant forming, and range remains unbroken. lose this area though and 30k gulag time. Markets all round are a bit all over the place, so very interested to see direction of market.
The markets, while particularly jostled and unstable, are also as equally unsure. We've seen MASSIVE gains for both crypto and the stock market through 2020 and 2021. But what will happen in 2022? MANY predict a continued downtrend. Some predict a massive crash. Others, fueled by hope, think much higher highs are to be made. Is inflation bad for markets after...
Taking a position for a two-day short with this rather simple concept. Broken near-term channel floor guides us to a bearish posture. The conjoining channel patterns indicate a target price at levels 40200 - 38800. An overextension to 38000 is possible in accordance with an underlying fib at that level and untested support between 40-38k area. The timeframe is...
As you can see in the set up there is a symmetrical triangle which gold is respecting in the weekly and daily time frame. The trendlines have been drawn in blue and the support and resistance is marked in red I believe gold will be bullish towards the 1840 area this area is where the trendline and resistance meets this is also a strong zone 0.786 fib zone Entry...
I took this perfect trade today at the New York session and I'm posting this as journal or learn purposes. If you have any questions about this trade setup you can contact me.
We've had a bit of bull-spring / short-squeeze at 34k, and now have some small potential to reverse the daily bear trend by breaking above 41k. This will however require a ton of bullish pressure for an extended period of time for that to happen. As long as we remain in the yellow zone, having higher low but staying below 41k / the blue downtrend resistance...
Will wait for confluence of a bounce or break from this simple HTF TL for the next potential trade.
Simple chin buy 0.050 -0.054 target 0.066 -0.080 -0.14 Coinex
reasons for the bullish side: -we have 2 support lines that are looking pretty strong(2 red lines) -0.618 fib retracement that usually is a important level reasons for short side: -after making a new high, the price reversed back under the previous high aggressively ... I would wait for more price action to make a decision
If it doesn't hold above $15,543, look out below. Markets are overvalued relative to interest rates when rates are expected to rise.
not a buy signal, better projects out there, btc chart bullish too
here we go again another ICT OTE in the NY session. I know the charts a bit messy so lets simplify. 1. Order block is in higher TF structure GREEN BOX 2. we are working against a HTF trend (pushing up when the Daily and 4 hour bias is down) 3. We are at extensions of the Sunday range, (price is looking for that sell high discount) 4. price shows us it has the...
hello this is my first idea on trading view I'm glad to read your suggestions to improve my ideas My idea about Shib/Usdt : there are two channels here in 4h, although I prefer the blue one I think it would be touch the bottom of the blue channel (+ strong support zone) and then start a bullish trend entry price : 0.00006000 stop loss : 0.00005502 take profit :...
Rules: -If price break Point 2, 4, or 6 cancel the setup -Price needs to break Point 1, 3, and 5 to confirm the setup When price reach the 100FE it normally does a pullback or reversal The market can Truncate
Simple Descending wedge (in red trendlines) breakout is the white vertical trendline towards the apex of the wedge. Would retest perfectly the trendline resistance towards the top of the chart (price target of 4392 on ES) Looks bullish if EMAs can cross over each other
im thinking down but will ultimately trade with the break, looking for 2/1 trades
See chart in h1. Strong resistance. Go to trigger time frame. Trigger line $$$ break $$$ pullback $$$ target