Preperations until MarchThis is what I will watch until March. Sup and Res are already obvious. Name it consolidation, or anything else. Nice opportunity for area trading, great opportunity if falls more.
Area
USDCAD FEB 21 2021AS PRICE ACTION IS ON PAUSE OVER THE COURSE OF MARKET CLOSE, AREAS OF INTEREST ARE MARKED IN ORDER TO PROPERLY TRACK PRICE ACTION AND IDENTIFY WHAT WILL BE TE RESULT OF MARKET OPEN
NASDAQ - US100 video top-down analysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for NASDAQ, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
CADCHF video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for CADCHF, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
CABLES's next moveAfter catching +300 pips on this pair last week, cable hit our target and looks like it is starting to retrace . I am still bullish on this pair and actually i am waiting for a retracement down to 1.28 weekly key level & liquid zone & fibonacci & trendline . Multiple confluences on this area giving us a strong reason to believe that if this pair taps the above mentioned zone, it is going to sky rocketing . Keeping a close eye on this pair's price action.
GBP/JPY TRENDINGKeeping a close eye on this pair, looking for a retracement to the liquid zone wich accords with fibonacci's golden ratio 61.8 and trendline. Higher time frames are showing strong bullish signs too. Always look at PA to find entries.
#tradesafe #theforexdaddy #tfd
GBP/USD TIME TO JUMP ON THE TRAINGBP/USD is on a strong uptrend confirmed that by a strong bullish weekly closure. Waiting for a break of 1.28 weekly key level and keeping an eye on price action to find entries. The perfect setup would be a tap on the liquidity are wich I have notet. First target is 1.31 and then maybe we can get a pushup to the next weekly level 1.35. #tradesafe #theforexdaddy #tfd
AUDNZD rejecting a strong supply zoneon DAILY: this pair is currently rejecting a strong resistance/supply area so we will be looking for objective sell setups on lower timeframes.
on H4: AUDNZD is trading inside our blue channel (not valid yet) so we are waiting for a new swing to form around our lower blue trendline to consider it objective and enter on its break downward.
we also have a regular bearish divergence on MACD adding more confluence to our sell setup.
Predicted next shifting new value area on BITCOIN.By observation of historical price and value area, I have found that after a specific time of value always shift to new value and price stay there for a while.
For the new value, looking on 9th May 2020 as showed in up and down with the labeled as "NEW".
Yes, Its so hard to predicting next shiftin g value area but its possible by looking at the volume increasing with the price.
I will best try to judge before start to shift new value area for you. If you want Notification at exact time of shifting then LIKE and Follow me .
Thank you:
Last my successful targeted posted idea:
LTCUSD Looking to $47 or $43Litecoin has just hit quite a big level @ $45. From here you can see the level it's going to try and break into, a successful break would take the price up to $47 (a good TP point). A rejection would take it back down to $44 or $43 or even lower. Doesn't sound like a lot of movement, but we are talking about a good few % in movement either way!
We're still long based on our Crypto Scalper Strategy using a 60m time frame, but we are bringing our Stop right up close @ $43.
Good Luck & Happy Trading
-theCrypster
ADA/BTC indefinition momentHello Traders,
ADA/BTC seens to made a Bull Trap on important Resistance level, and the price is already bellow the Resistance, now we have two options for trading this asset, one of them is SHORT position if the price breaks this minimum acumulation to test this important support level, or breaks this resistance and acumulate above this level so we enter at the breakout of the 700 sats region, the long postion can take a time to happen, so we must be pacience, but trading safe is our mission.
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.
XRP is this Bullish to you or Bearish?Not really much needed to say on this one. Need to breakout convincingly here or else its another bear flag at key resistance level before heading to the 0.5 FIB thats all.
Interesting Area on GBPJPY Possible reversalGBPJPY is approaching some significant levels, this could be an area where it reverses. I will be waiting on looking on smaller time frames like the 4H, to find an opportunity to short.
Good reaction from my support area 9500-10000 usdIn this update I have added the efficiency ratio of the Kama average, i.e. the calculation of the signal intensity and underlying volatility and their ratio. Personally I use the threshold of 0.3 to identify if the market is flat (below 0.30 of SG) or in a trend (above 0.30 of ER - Efficiency Ratio). I'll publish ASAP the updated version of Kama with the ER ratio (v1.22)
GBPUSD BUYGBPUSD has had a large drop and has just bounced off a day support it has reacted to twice recently. On 4hr time frame theres a big bullish candle, on 1 hour time frame theres a support forming for a possible head and shoulders. head and shoulders mar or may not complete but still a buy from this level in my opinion.
Note: I've made a youtube channel that does not yet have any content but at some point in the future i'll be uploading videos about my trading journey and some educational content if you'd like to subscribe now and be the first to see it when i upload. Youtube: Flynnex
BTCUSD Shorts VS. Longs Compared In A Nice Looking StyleI really like comparing longs/shorts like this. It's always good to go to bar/candle as well. But this is pretty... I think!
@harte_scout
NJ Neutral weeklyNZDJPY has showed major weakness for months this year, and continuous to plummet .
Price has found way back to the weekly ascending trendline and is cornered.
Wait to see if trendline support holds or if it breaks a break will see it move towards the next area of support below trendline if it hold it be indicated by a bullish engulfing close on weekly to indicated medium term trend change .
It is not advisable to risk on this pair until higher probability setups occur on higher time frames.
Lupin is back after completing 5 up waves, Lupin is back after completing 5 up waves, now in a reversal zone to next wave to upside.
Wait for minor wave 1 to complete or Leading diagonal to complete than look to buy for wave three sharp spike
USDCHF short from demand areaShorting USDCHF from the yellow area as that is a supply area on the short (15min) timeframe, as well as the long (4hr, gray area).
These setups usually produce good movements so I am hoping to get a 1:1 RR, as indicated on the chart.
Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while.
Take care,
TheSupportResistanceTrader
EURUSD Short at supply areaOn the EURUSD we are currently bouncing between the two red 4hr supply and demand areas. As we are currently in a downtrend and in neither an oversold or overbought area, we have a short bias.
On the 4hr we are moving into a supply area (yellow) which we didn't trade last week due to the entry being triggered pretty late on friday. This luckily gave us a better entry point and so we are entering now instead.
Hopefully we can get a small bounce for a 1:1 Risk:Reward, as indicated on the chart.
Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while.
Take care,
TheSupportResistanceTrader
