1hour
GBP/USDI will be watching this pair closely this week with major fundamentals happening in both nations on Tuesday 31 March.
GBP - GDP released.
USD - CB Consumer Confidence (Mar).
Current Price action is approaching the 0.618 Fib level on the Daily Time Frame.
On the 1 Hour - I will be monitoring a breakout of the bullish parallel channel and accumulation towards a 3rd touch of the bottom channel. Price needs to close outside with a 2nd candle confirmation before entry.
Please comment your thoughts and ideas below - Id love to interact with you and pick your brain.
*NotFinancialAdvise
AUDJPY Possible 20 pip Short on 1hr Time FrameThis idea is based on a minor down trend channel that began Jan 22, 2018. The top of the channel was retested Dec 27, 2019 and continues downward. Here is an opportunity to catch 20 pips as AUDJPY broke below the 73.325 price on Fri 9, 2020. Possible short if we can get a retest for entry at 73.325.
Tesla Transient Zone Update 1 HourPrice likes to revisit zones, zones were price stopped and price visited once (TF dependent) establishes an area that attracts price. However if rejected, zone becomes a strong boundary for a probable duration of time. Price rarely leaves an area to never return. Yellow represents a strong attraction for price. Blue Repels.
Previous Analysis:
This is not trading/financial advice.
NZD/USD Long Position (1H)I have analysed a potential Double Bottom setup on the NZD/USD 1 Hour chart. I have setup a long position which I will take if the market follows the appropriate setup. The trade has a reward of 16.75% and a risk of 3.03%. Risk reward is 1 : 5.5.
I am newer to trading and am still learning so would appreciate and feedback on this analysis.
Thanks
GBPUSD a nice 30 pips tradeGBPUSD, as we see, is in 1 and 4-hour consolidation currently we are at the bottom of the range I nice pin bar or a bullish engulfing candle at the bottom we can enter to trade it up to the ceiling of the range. if price break and close below the range line the trade is invalid for me.
Hope you guys can a nice move there.
triangle forming this triangle is going back to our highs of this year over all we have just gone sideways an i really do think this is going to break up every one i hear on youtube twitter are all bearish again everyone is looking at the 8,5k mark like its going to happen today the overall trend is still up so im long at 10k have already taken profits on target one so we will see if these liquidity pools build up an are taken out to the upside the 9075 is the no return s/r
if you find this helpful or just feel like donating to the cause 32t1u27Nc8iw91yr2SzYtvJDQiSTGAGRWo or just a like an follow that will be super awesome of you im starting from the bottom an would love to start sharing my ideas on the market move up an do youtube videos but we all start somewhere cryptobeginner
cup an handle sorry my earlier idea was done on the daily the cup an handle i was trying to show was on the 1 hour to 4 hour but as you can see we are working are way up off the bottom of the handle but volume to me doesnt look right we should be looking for a move back to 10.5 11k we will see how the over night hours are
USDCAD - Waiting for Reversal PatternHi Traders!
The market was just moving up for the recent candles.
Now it reaches the next resistance level.
We expect the market to pull back.
We recommend to sell with a risk-to-reward ratio of 1 to 4.5.
But wait for the reversal pattern :)!
Thanks and good luck!
Bitcoin run to 10600?! [BTC/USD]Bitcoin looks like it could have a small bounce to the 10600 region?!
Bullish divergence RSI
MACD is crossing to become neutral
Longest leg of the move showing the acceleration to downside may cause a bounce.
R/R ratio is too good to pass up.
In terms of momentum this trade is risky, as everything is neutral bearish, but with a divergence and a smallish stagnant period it could be the one.
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