A detailed technical analysis with Key Levels of support and resistance, expectations on the price action and trend. Do your analysis and research as well while trading with these 3 simple tricks. Identify entry, get in the trade, get green, get out. Rinse Lather Repeat. Stay positive and Strong
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURUSD has been overall bearish trading within the falling channel marked in orange. Currently, EURUSD is approaching the upper bound of the channel. Moreover, the zone marked in blue is a massive supply zone. 🏹 Thus, the highlighted orange circle is a strong area to...
Hello, Friends! We are targeting the 55,550 level area with our short trade on BITCOIN which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello, Friends! EUR/CAD is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.498 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello, Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.614. ✅LIKE AND COMMENT MY IDEAS✅
Hello, Friends! We are targeting the 141.999 level area with our short trade on USD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Gold made a big up move, clearing all liquidity and creating new highs. However we are not surprised. The next few months we will see a strong dollar. Todays session we are monitoring gold for sell positions. This will be likely the turning point for a much anticipated correction towards 2400 and below (Long term). Stops can be put at 2580 or 2590. Targets below...
Current Market Activity: This morning, the TOTAL market cap was rejected at the $2T level, the top of the range, and has begun retracing, potentially testing the bottom of the range at $1.85T once again. Key Levels: Top of Range: $2T (Rejected) Bottom of Range: $1.85T (Potential test) Previous High: $2.25T (Late August) Bearish Signals: TOTAL has not created a...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.62200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.62200 support and resistance area. Trade safe, Joe.
GBP/CAD is expected to break out to the downside after a period of ranging market conditions. Despite multiple market data releases, the pair remained unaffected and has shown a consolidation pattern. I believe the ranging phase is over, and GBP/CAD is now beginning a bearish trend. The first target for this move is 1.76450 , with potential for further...
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
MY GAMBLE, Fed is NOT cutting rates next week. (No chance) 0 This would be seen as Election/political interference. The markets have been going up nicely the last week and I want to play some bear positions. There is no weakness in employment And inflation is present and not at 2% target. IF THEY cut rates, they will have to 'make up a reason'.
CROX Daily Head and Shoulders Pattern forming with a gap to fill on the downside if neckline breaks. Price target would be a range from 96 down to 90. If markets get ugly across the board it could see 81, but that's asking a lot from current levels.
Hey Traders, in today's trading session we are monitoring USOIL for a selling opportunity around 73 zone, USOIL is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 73 support and resistance area. Trade safe, Joe.
Here I have AUD/USD on the Daily Chart! From Friday's High @ .67672 to its Low @ .66597, we can see we get the Confirmation of a strong reversal pattern with the Break of the Neckline of the Head & Shoulders! Now what I'd like to see off the same High and Low of Friday is Price give us a 38.2% Retracement of the Low & Pullback to test the Neckline for potential...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.0550 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching trend at 1.0550 resistance area. Trade safe, Joe.
Hello, Friends! USOIL is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello, Friends! USD/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.341 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...