Looking for buy price action on a retest
For some pass weeks now we have been in the distribution phase..... to understand what i.m saying check the daily or the 4hr time frame(zoom out to see it), we just completed phase B and we are about to start the phase C. Please bare in mind that trading is reactive and not predictive..... comment and like to support the creation of more educational analysis. ...
RSI DIFERGANCE THE TOP OF UPTREND CHANEL A STRONG DEMAND/SUPPLY AREA
AND CLOSE UP THE TREND .. IT WILL FAIL
as you can see the price will go bearish to our targets. (God knows) Good luck and take care. Important The analysis and ideas published here, not an investment recommendation or any call to buy or sell, is merely an analysis and a vision based on the study of the history of price movement and behavior which may not necessarily be the reason for the success...
AUDCHF – Previous week was crazy, from both price action and news announcement Trend: Buy Neutral Support/Resistance: R3: 0.68363 R2: 0.67923 R1: 0.67621 S1: 0.67227 S2: 0.66872 Price action: Pirce seem sellers tok of the stage. But overall trade is still in buyers ayes. If sellers are enough strong then, they should push the price lower from R1. If buyers...
AUDCHF – Buyers getting stronger (waiting for news) Trend:Strong Buy Support/Resistance: R3: 0.68791 R2: 0.68502 R1: 0.68292 S1: 0.68205 S2: 0.68006 Price action: Buyers are ready to break higher by showing strong momentum. Till the news are not reliased, we can't know the next move in any way (recommended). Potencial trade idea: Bulls targets: T1:...
This trade wast taken at 0.676. We saw a clear expanding wedge forming on the 15m. We also saw a clear rising channel form and was waiting for a break out near the upper trendline. Aso as we saw price break the counter trendline we went short.
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Sideways moving market with a lot of pullbacks. 4 HOUR Bullish market found its resistance probably. DAILY Very bearish market in a small correction now, great short entries for sure! OVERALL I think we will...
ABCDE pattern plus a Gartley seems to be forming... I'll post a close up on this pattern shortly... check this out
Based off of previous movements the AUDCHF has bounced back off of the 50% Fibonacci multiple times however if it continues bearish movement we could potentially see it hit the support of 61.8% Fibonacci.
This is a 9 minute video that covers how to ensure you are trading on the right side of the trend. Lots of good stuff on this topic, unfortunately it's impossible to cover everything in the 10 minute limit provided by TradingView for videos, so if you have any questions please feel free to get in touch.
Here I am going to explain how to trade a bat pattern in non-USD currency pairs . let's use AUD/CHF last week for example As you can see in 4H chart, B point and D point are determined by the Fib retracemen of XA t. Expecially for D point, it need to be 88.6% of XA, the price can't go far away from it. This is condition 1. For the bat pattern, the final...