BPCL at Channel support Technical analysis at 335
OI at 340 once crossed will test upper levels of 350
Channelbreak
Long USDCHF!!!!!I have been waiting for this 3.69R setup.....am going long on this pair if that 15min breakout candle closes strongly bullish.....praying for the retest so I'll get in and not watch the dollars count.....Peace!!!!!
S&P 500 Possible Gap Fill Based On Price Action OnlyDescription: According to historical price action market data market like to fill gaps from 2000 to 2003 and from 2007 to 2009 and 2019 to 2020 as you can see all previous gaps was filled, but this gap has been never fill and now is possible to be filled. The same price action is on others index and stocks
Possibility but is not guaranteed: If all this index and stocks decide to fill all this gaps the following is possible to happen but is not guaranteed
3 Examples: Dollar Index: 35.34% UK100: 75.64% Apple: 92.51%
Examples: You can use Facebook and PayPal as an example or historical price action market data as examples for a gap fill which happened this year.
Warning: This is not a Financial Advice nothing is guaranteed I am not a financial expert or financial adviser I only share my opinion
BTC: Channel brokenBitcoin
Intraday - We look to Sell at 22789 (stop at 23351)
Short term momentum is bearish. Broken out of the channel formation to the downside. The trend of higher intraday lows has also been broken. Reverse trend line resistance comes in at 22800. We look for a temporary move higher.
Our profit targets will be 21377 and 20977
Resistance: 22000 / 22500 / 23000
Support: 21500 / 21000 / 20500
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SKFINDIA Breaks the channel #LONGSKFINDIA Breaks the channel and gives a retrace and breaks the retrace hive so we can go for LONG (BUY) stoploss below retrace low
EURJPY - BREAK OF STRUCTURE 📉The EURJPY price is in Daily Resistance Level and 50 Fibonacci level🧐
the ascending channel is broken ✔ the key level is broken & retested ✔
so, i predict a bearish move 📉 Break of Structure 📉
TARGET: 135.046 🎯
...
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
XAUUSD BreakoutHi Friends
Gold has broken the bearish channel. now we are looking for a buying opportunity. I have analysis as my best. if you like my analysis then follow, like, and comment Please
EURGBP - BREWING$EURGBP - BREWING
These past months even though its a summer, there have been so many great opportunities and here is another one - EURGBP
C&H brewing, if we break above and out of this channel - bulls are firmly in control and expect this C&H pattern to brew nicely to key resistance zones.
Enjoy 🌞
TJ
Chfjpy short after breakout....Looking to grab this trade after a bearish violation of the ascending channel....
2.9R Like and subscribe.
COINBASE updated levels (Nomad News?)
This is an update to my Coinbase Idea from July 26, linked below.
I've mapped couple new levels but my overall plan hasn't changed, waiting for Earnings on August 9th.
Coinbase flying today, only reason I can think of is the $200mil Nomad exploit.
Price is hesitating to break above the Golden Pocket of fibs taken from July 20th. A lower timeframe will help in identifying an entry if the price breaks above GP.
Price breaks above GP (with a confirmation)
Target #1: 71.65
Target #2: 76.90
Price gets rejected by GP
Target: 63.5 this is a tested level, Short trade will require some vigilant TP adjustments.
If you've got an eye on some interesting charts, please let me know, I'd be happy to take a look.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
SANDUSDT wants the breakout?The price is inside a descending channel on the 4h timeframe after the market bounced on the dynamic support on the daily one.
Not the price is testing an important resistance on the 1.4$ area.
How to approach it?
IF the price is going to have a breakout from the resistance and retest it as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
BABYDOGE bullish market 🚀Hello 🐋
Based on the chart, we have appropriate amount of the volume for the price and break out of the descending channel and the wedge to the upside beside we have fundamental sign for more gain ✔️
if
the price doesn't break the major support and channel support to the downside, we will see more gain 🚀👌
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
btcusdt Trianglehi guys i see a triangle here
this 4h candle look like a pin bar and i my stop lose is top of shadow
my take profit is 21780
like and comment below your opinion
follow for more chart like this
LEVERFI close to channel and triangle resistance 💡🚀Hello 🐋
Based on the chart, the price is close to the channel resistance and the triangle resistance level ✔️
if
the price breaks these areas to the upside, we will see more gain ✔️
otherwise
more correction expected ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Gold ShortWaiting for Breakdown From Channel And confirming Head & Shoulders pattern.
Will not get in till I see 4 Hour Candle stick Closing out of the channel and with Bearish Price Action.
Gold short....Am going short on the yellow metal after a bearish breakout of an ascending channel.....
3R...like and subscribe.
Sell position in this currency pairConsidering that according to the world economy, most currencies such as the pound and the euro have been under the pressure of the US dollar, and according to the channel strategy that I have mentioned on YouTube, we have overlapped resistances (daily channel ceiling and 20 daily moving average). The sell position is logical from a technical point of view, but if the channel fails, the sell position will be canceled. So, the possible option is that you can trade with high volume for selling, and for buying with low volume, but remember to set a loss limit. You can even hedge positions.
Be sure to suggest and criticize in order to improve this strategy, I welcome it
$SENX - Reversal for upside of +12% to +40% Technical Analysis
Weekly William %R and RSI are oversold.
Daily channel being created with resistance at 50EMA>
Scenario 1 - BUY
Breach of 50EMA and uses it as support.
Scenario 2: - SELL/WAIT
Bounces off 50EMA as resistance and come back down to create a higher low.
Based on the technical environment and high William %R I expect scenario 2 to happen with high low being used to propel price upwards and for a push to $13.75 to $18.50>
Price Target
Entry: $12.30
Target 1: $13.75 (+12%)
Target 2: $18.20 (+40%)
Analyst Target: $61
Fundamental/Financial Analysis (FA)
Strong financial metrics and passes quality screen.
GBP/USD - Wait For A Break, Close & Retest Of The Channel TopHi Traders,
Today we are looking at trading GBP/USD on the 1-hour time frame.
We can see that price reached a high of 1.228 and then slowly began its fall bouncing between the bottom and top of this descending channel.
We have had two taps on the bottom and four taps on the top. I have put little arrows to show exactly where the price has been touching.
I always look for a minimum of 2 taps on either side to confirm a channel.
I also look for price respecting the middle line of a channel that helps to confirm a true channel as price always seems to treat the middle line as some sort of Support or Resistance. We can clearly this happening on the chart.
So, now that we can confirm that this is a downwards channel, what should we be looking for?
Well, we look for some sort of bullish divergence on the MACD.
We look at the histogram as well as the MA Lines.
Looking at the histogram, we can see that price is sloping upwards. I have drawn an arrow to show this clearly. This tells us that the volume of sellers is weakening and buyers should be stepping in at some point.
Looking at the MA lines of the MACD, we don’t see this as yet. So, we have what we call partial divergence.
Now, we are waiting for a break from the channel top. We want the price to close above the top of the channel with a clear break and close. If we see that, we can then wait for a retrace back down to the top of the channel before opening up a long position targeting the previous high of around 1.228.
This is how we trade Ascending and Descending channels. We want divergence showing a possible change in trend, a break and close above the channel, and then a retrace back down to the channel top before entering into a long position.
These patterns work extremely well when we have full divergence as confluence.
It works just s well with partial divergence but as it's only partial divergence, I would not class it as an ‘A’ grade setup. This means I would class it as a ‘B’ or ‘C’ grade setup, which means I would not risk my usual amount on this position. I would risk less as I know the probability of this setup performing well is not as strong as a setup with full divergence.
As most of you know, I am a swing trader and I look for setups on higher time frames. However, when I am in front of my charts and I do have the time to trade shorter time frame setups, I will take advantage of that.
Hope you all have a great Wednesday.
The Vortex Trader.
Gbpchf long....Am going long after 1H breakout of both the inverse head and shoulders and the descending triangle for a quick 2.97R if scale in success becomes 4.05R....
Like and subscribe.
Audjpy inverse HEAD & SHOULDERS BRK?I am noticing a potential CONFLUENCE breakout of both a falling channel and an inverse head and shoulders.
Am entering long on break and retest.... For a quick 3.48R.....
Like and Subscribe.
$MASS, growth stock close to breakout908 Devices Inc is in the Medical-Research Eqp/Svc Group. It develops analytical devices for chemical and biomoecular solutions.
The price made a shortfall within the channel that has been forming since January. This shortfall may signal a breakout in the right direction.
I would buy it with a target sell at its next resistance level which is at $29, that's a +20% profit. Play this trade with your own risk/reward strategy. I'm sure I will.
Also just recently, the company tweeted: "Proud to share our #MX908 device was chosen by the U.S. Army to provide chemical identification in their #AugmentedReality training program, ensuring optimal safety when encountering unidentified substances".
