Breakandretest
NAS100 ShortOANDA:NAS100USD
Nasdaq has broken it bullish move. The head and shoulder pattern was an indication of trend changing to bearish and the pattern proved to be bearish. Currently awaiting on a retest at key support turned into resistance. A bearish engulfing pattern will be a confirmation to go short on Nasdaq.
TATAMOTORS breakout 14% MOVE UPSIDETATAMOTORS has given a breakout and retesting nice entry opportunity to enter
REASON TO ENTER
1. Breakout
2. High volume
3. Retesting
I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY
AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
Looking To Sell The Dollar Against The Euro (EUR/USD)Hi Traders,
I trust this week has been amazing thus far, Looking at EUR/USD, Price action has not allowed us to get involved in a short position yesterday, Today the tables have turned and I do believe that the Bulls have come to play on this one. Price has fallen significantly since our post, But throughout the London and Asian sessions, there has not been much action on the instrument. My attention now follows the bulls as price action gives us some reversal signals.
Looking at the current One hour Time frame, We see that price at the current moment is trying to create a Double Bottom pattern. Price has also reversed from a support level testing the area twice, Once in Asia and again Pre New York London. Now we are facing the opening of the New your session, as well as the NYSE open, and bulls seem to have the upper hand.
I will take this setup once we have a break and close above 1.0200, I would like to see a retest into the 1.01900 area before Launching those Long orders. If the bears remain persistent and the price falls back below 1.0750 I will no longer be interested in this position. Target is simple as I am gunning for the Previous high.
Let's see what the New York Session has in store for us.
Renaldo Philander
A case for the BTC Bulls (Descending Wedge Breakout & Re-test)As this is a Point&Figure chart, I'll have to provide updates manually as TradingView currently doesn't support the 'play' feature for them.
Noticed something interesting supporting the Bullish case for the previous Fractal/Bear Trap idea:
Breakout and retest of the macro descending resistance intersection with the dynamic support range 🙏🔮🚀
Possibly the most bullish sign seen in recent months 🙌
Stay tuned for more! I'll keep a close eye on this one & update as things play out!
What do you guys think? Feel free to share and ask questions 👍
*Will update as more PA is available*
*Symbol tags below, Ignore these*
INDEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD BITFINEX:BTCUSD BINANCE:BTCUSD BINANCEUS:BTCUSD FTX:BTCUSD GEMINI:BTCUSD BINANCE:BTCUSDT KUCOIN:BTCUSDT HUOBI:BTCUSDT OKEX:BTCUSDT BITTREX:BTCUSDT POLONIEX:BTCUSDT COINBASE:BTCUSDT BINANCEUS:BTCUSDT FTX:BTCUSDT BITSTAMP:BTCUSDT BINANCE:BTCUSDTPERP BYBIT:BTCUSDT BINANCE:BTCUSDT_PREMIUM
SP:SPX TVC:SPX OANDA:SPX500USD DJ:W1DOW NASDAQ:NQGI NASDAQ:NQGM CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL2 CRYPTOCAP:TOTAL3 INDEX:SATSUSD BNC:BLX
*Symbol tags above, Ignore these*
CADCHF: The Most Important Zone! 🚨Price played with the key structural level to wipe out not only buyers but also sellers.
Since we have liquidity from both sellers and buyers EXPECT a huge move! I will be joining whatever way price points, it doesn't matter if it's bearish or bullish.
When volume kicks in this will fly, either way, I have no fixed bias.
Let's do this! All entries will be shared will members next week.
GBPCAD: Stop Hunts Everywhere ⚠️Wow, last week was intense.
Firstly, we saw market makers sweep break and re-test buyers THEN they liquidated breakout buyers from the trend line and to finish all off they did a sweep on sellers that remained.
Although the direction is unclear for next week, I have illustrated my bias.
I may be wrong but at least I know that stop hunts are out of the way and we potentially have enough liquidity for a big impulsive move.
Comment your thoughts below traders 💬