Why liquidity grabs don't go for the highs (all the time).It's taken me far too long to realise this, I think looking back maybe everyone already know this, but hey!!! I'm happy now.
Action
USDCADLooking for a bearish continuation for USDCAD. Price pulled back to during the London session. I took the trade and only risk 15 pips on this one
XAUUSD - Gold - Short - Wait for DevelopmentOn a HTF we have noticed a double tops which touched an all time high and signalled the beginning of a reversal of the price.
On a LTF instead we can see an ascending channel which may signal a correction of the current uptrend.
In terms of Resistance and Support, the price is situated above a channel delimitated by 2 important monthly support/res. If the price keeps dropping will mostly bounce on a 1906 support (1st target) with potential move to 1800.
Now we are waiting for the price to drop and to follow this downtrend. We will also need a confirmation/correction before entering a short position.
If instead the price breaks this formation on the upward and carries on rallying up then this forecast will be invalid and we'll wait for a reversal at the top of the structure.
Be patient and wait.
NZD/USDwait for a the buyers entering the support then see if the sellers are exhausted we have no to chance for a trade in a middle of down vector
WMT Walmart looking weakMy fib lines say WMT is looking weak. You can't see it on this chart, but it closed today crossing under two major fib lines for me. I'm looking for more downward movement for the next few days.
GOLD Breaking the big correction and then going upCURRENCYCOM:GOLD
Hello Traders:
Looking at the exits of the GOLD price from the big correction to the top
I think now the price will continue to go up.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you
walmart On the upsideNYSE:WMT
strong bay stock walmart
After careful analysis, I was able to draw a conclusion, which is a strong rise that can happen
DOT- broke out of a falling wedge Dot broke out of a falling wedge and a BOS (break of structure) occured when it broke out of a recent high changing the structure from a downtrend to an uptrend
DOT - Dot broke out of a falling wedge#falling wedge
#BOS
DOT broke out of a falling wedge and change the market structure from downtrend to uptrend by breaking out of a recent high.
ETH/USD 15 min chart price predictionI am expecting ETH to reverse direction here on the 15 min chart and start trending downward. This idea is based on technical analysis and price action of the current levels drawn out.
Dydx market insight#DYOR
Dydx has been in an uptrend since it creates a higher highs and lows. There is a break of market structure on 4hr and daily TF. So I will be buying to the next support/high
GALAUSDT market insight #DYOR
Followed by a BOS (break of market structure) on gala of which it breaks the previous high coupled with a rejection on the 200 EMA on daily/4 Hr TF, we will the buying to next support/high and wait for a price reaction on that level
ONEUSDT market insights ONEUSDT has been showing a bullish market structure on 4 hr TF and 1hr TF by making a series of higher high and high low on which indicates a bullish market/trend.
The price has been trading in a channel followed by a bullish market structure / breakout and retest occurring in daily time frame.
Since there is time frame realignment on both daily and 4 hr and 1 hr TF. We are longing ONEUSDT
GBPCHF Price is EverythingThe graphic that touches the upper supply area will continue to decline in the tran direction with the finding of a seller. It is not an investment recommendation.
EJ - 4h potential buy or sell.Looking at EJ its on a key level. Wait for buy above blue area or sells below line.
Long Position on the EURUSDIn the current price action, the buyers momentum are strongly Overcoming the sellers power. Witnessing a strong bullish trend forming with the price action. This position goes long on the Euro gaining strength with the current economy crisis in the Russian - Ukrainian feud. Strengthening the Euro as Demand rises.
A buy limit set at .10096
Risk Reward Ratio is going for a 1:2
We are expecting a retest on my trendline at my opening position then
Skyrocketing out of my resistance.
TP set at resistance zone.
USD/CAD potential bullish action...After monitoring the USD over the past few days we can see a final clear direction for many instruments as they pave the way to show the trends heading into this first quarterly year end.
USD/CAD here is look relatively strong overall with 1.3100 being a clear target to the upside over the coming weeks. As it stands on the daily and above the price action is showing strength around the moving averages and there is a strong Fibonacci setup on the monthly with 1.3100 being an extension confluence.
We will update this pair next week to see how it has performed.
AUDCHF LongAUDCHF Long.
Buy market order.
RR=1.
When the profit reaches 0.5 of the take-profit, we can move the stop-loss to breakeven.
Simple Trend Analysis…Works on Any time frameOur 20 and 50 EMA are looking like a potential crossing point and thus indicates bullish structure remains. I posted this one to show you all the basic way to spot a trend….higher highs and higher lows are bullish behavior. Very easy way to identify this is drawing “path” tool from lowest points to highest points as long as the next one supersedes the other whether looking at bullish or bearish trend.
Best of Luck Traders. Bitcoin looks like a huge payday coming up. About to cross the 100 EMA on the daily if this pump can happen soon! That’s extreme bullish. If you have feedback or comments let me know below!
Bulls are in power of silver On the one hour time frame , silver has formed a bullish pendant so we are highly expecting buys so let's go
A good tradeHello every one, here I have shown you that how I see this pair. This is not a financial advice. It is just for educational purposes. Feel free to share your views on this idea below. By sharing our views both of us will learn something new.
AVAX/USD set to spike higher todayTL;DR Breakdown
Avalanche price analysis is bullish today.
Support for AVAX/USD is present at $73.2.
Resistance for AVAX is found at $81.1.
The Avalanche price analysis is bullish today as the coin continues upside after rallying high yesterday. The price action is steadily upwards, and the coin price has broken above the resistance present at $77 level as this was a crucial resistance zone, and as a result, the coin price is touching $78.4 now.
As the bullish momentum has been quite steady since yesterday, we expect AVAX/USD to march further high later today and challenge the resistance present at $81.1 as there are imminent chances for bulls to continue their lead.
