EURJPY: The price is BREAKING the TRIANGLE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/JPY
⚪ Technical Analysis :
On the 16th of February 2021, the price got a strong rejection on the level at about 128.460, and since that moment, it has been creating an interesting symmetrical triangle pattern, few rejections on its dynamic lines are a confirmation of the validity of this pattern.
Also the EMA 200 is definitely working well, rejecting the price on every attempt to break through that.
Moreover, in the daily perspective, the RSI with 20 period is slowly increasing its value.
🔴 Conclusion :
The market is definitely bullish, the symmetrical triangle pattern could definitely be only a temporary consolidation before a trend continuation.
I'm confident then, to see the price growing more breaking the pattern and reaching the resistance level at about 128.600/12.800.
I'll be waiting for a bullish breakout of the triangle and the S/R zone at about 128.000 before planning my long position on this trade.
Right now, my hypothetical entry point would the level 128.100, just above the dynamic resistance line;
The take profit would be at the level at about 128.890, as projection of the pattern and weekly resistance around that level.
The stop loss needs to be defined in a better way, I need to see the price action around the current level but at the moment, I placed it at the level at about 127.590, just below the main support and the last low created by the price.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
Chart patterns
"NSE:DIVISLAB" - "SELL" signal 15 min Chart (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "NSE:DIVISLAB".
-"NSE:DIVISLAB" 15 min Chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min Chart of "NSE:DIVISLAB" .It means "NSE:DIVISLAB" can go down.
-Solved Signal 1 uses "NSE:DIVISLAB" Price data for Solving the Market(See description of Indicator).
-Like and Comment . NSE:DIVISLAB NSE:NIFTY BSE:SENSEX
"BUY Signal" :- SBIN 1 hr Chart (Indicator : "Solved Signal 1")- BUY signal generated by Solved Signal 1(SS1) in 1 hr Chart of NSE:SBIN(State Bank Of India)
- ' NSE:SBIN (State Bank Of India)' 1 hr chart
- Indicator used "Solved Signal 1(SS1)"
- Solved Signal 1 generates buy signal(by default: text:- SS1, color= green ,shape=triangleup)
on 1 hr chart of 'NSE:SBIN' .It means NSE:SBIN can go up.
- Solved Signal Uses Volume and Price data for Solving the Market(See description of Indicator).
- Like and Comment.
- Thankyou
NSE:BANKNIFTY NSE:SBIN NSE:NIFTY BSE:SENSEX
XAUUSD Gold Update: Potential Inverse Head And ShouldersPotential Inverse Head and Shoulders is being formed on H1 Chart Timeframe
The bottom must be constructed between 1775-1770.
The neckline and the Structural Targets are shown on the chart.
Can be used as an intraday - short term- buying opportunity.
Pattern validation conditions:
1.the second shoulder with the bottom form must be constructed.
2. the neckline must be broken.
Note: Cycle Sniper sent an early signal of correction on H1 Timeframe.
Good Luck!
USDCAD: An Upcoming TREND CORRECTIONHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
USD/CAD
⚪ Technical Analysis :
At the beginning of February, once the price reached its secondary trendline, it got a new bearish rejection, falling quickly down through the S/R zone at 1.26750, endind its movement on the main support at about 1.25900.
This important support, rejected the price also on the 21th of January 2021, reversing with no hesitation a strong bearish impulse.
It is currently re-testing the same level, the RSI with 20 period shows a clear convergence in the daily perspective, and also still considering the same time frame, the price closed its last daily session with a doji candle, probably it's forming now an interesting morning star candlestick pattern, just above the main support.
🔴 Conclusion :
Overall the market is still bearish, following this strong downtrend since the end of March 2020, but there is a possibility to see an interesting trend correction.
I'll be looking for the breakout of the minor trendline before planning my long position on this trade, waiting for a closing candle at about the level 1.27300, as a confirmation of the trendline's breakout, the take profit would be at level at about 1.2800/1.28400, a zone between the resistance level and the secondary trendline.
I'll update this idea eventually the price will follow our condition, otherwise a break down of the current level will invalidate our analysis.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
ETHUSD: The price BOUNCED on its DYNAMIC TRENDLINEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
ETHEREUM/USD
⚪ Technical Analysis :
Since the beginning of February 2021, the price has been moving with a nice uptrend, following and bouncing on its dynamic trendline, closing also its last two h4 candle's sessions above the same level.
It is currently moving above the S/R zone at about 1740 and there is a possibility to see a new bullish impulse.
🔴 Conclusion :
Considering an overall bullish market, closing and starting its last candle above its EMA 100, I'd be confident to see the price growing more and I'll definitely entry long if I'll get a proper confirmation during the next sessions.
I'll plan to entry long if the price will close around the level 1830 and my last target would be the level 2100.
Be very carefully on the resistance zone at about 2000, because it's a strong resistance and the last high formed.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPJPY > Exception a Retracement Lower!!if you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #GBPJPY
Hello friends,
Looking at this chart we have the market already reached a very important resistance level on the weekly chart, prices will have difficulties advancing from here it cold could go to 149.00 before start correcting which is normal.
Looking at this impulsive move from the GBPJPY we can expect the market to make a correction move toward the 145.00 zone which is a FIB 0.38 level retracement
If the price reaches the support and fib 0.38 level I will look for a valid entry that meets my rules using one of my strategies to enter in a good risk to reward buy trade
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
EURUSD: The price READY for a new BULLISH IMPULSEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/USD
⚪ Technical Analysis :
Since the end of January 2021, the price has been forming an interesting head & shoulders pattern, confirming the right shoulder with its higher high during the 17th of February.
Considering the strong bearish trend correction started at beginning of January after a rejection on the level at about 1.23500, I would say that is possible the validity of this pattern as a trend correction reversal.
The price is currently below the resistance zone at about 1.21500 and it's just got a bullish rejection on the EMA 200.
🔴 Conclusion :
In the daily time frame the market is still bullish so I will be looking for a long position.
I'm confident to see the price breaking through the resistance zone at 1.21500 and probably pulling back on the same level.
Eventually the price will break up the resistance zone, closing with a strong up bar around the level 1.21800, I would consider the long position on my chart.
-The entry point would be the level at about 1.21900, just above the resistance zone, if the price will create a new high or will close around that level;
-The take profit would be the level at about 1.23450, an interesting resistance area that previously rejected the market;
-The stop loss would be around the level 1.21150, just below the support zone and the neckline.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
$OPTT can be a runner any day now.$OPTT setup with a beauty of a bullish setup. Holding above current support area. New interest built on top of hidden divergence. Volume B/O confirms long position.
Short Term Target: 5
Short Term Target 2: 7
#bullish #OPTT
EURAUD > A Simple Trend Continuation Setup!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #EURAUD
Hello friends,
it is clear with this market the move is still to the downside and I am still predicting a move to test 1.5300, so I will be looking for a chance to sell this market, and here is what I want to see.
>>> markets make a retracement to the recent structure, then I will start to see if any of my strategies will be valid to enter a sell trade targeting the recent low and maybe Extention to target 2 near 1.5300.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
LITECOIN/USD: The price will GROW more inside its RISING WEDGE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
LTC/USD
⚪ Technical Analysis :
Since February, the price has been following a clear uptrend, moving just around its EMA 200, forming an interesting rising wedge pattern. (See the rejections on its dynamic lines)
On the 20th of the same month, the price got a nice rejection once it reached its dynamic resistance line, falling quickly down until a support zone at about 221.25.
It is creating lower highs and lows, so there is a possibility of market's weakness, but don't forget that overall, the market is still bullish and the h1 time frame is full of noise!
It is currently consolidating between the two levels 221.5 and 231.1, almost closing its 4h session with a bullish hammer, so I'll be looking for a breakout of its resistance zone.
🔴 Conclusion :
Considering the bullish market, I'll be looking for a long position on this trade, so eventually I'll see a proper breakout of the resistance zone, with a closing upbar at about 233.8, I'd definitely entry long.
My target profit would be the level at about 257, up to its next resistance zone and the dynamic resistance line;
My stop loss would be at about 219.50, just below the support zone and its last low.
If the price will break down breaking through the support zone and the rising wedge pattern, this setup wouldn't be valid anymore.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
$TVIXF Sky HighThe investment seeks to replicate, net of expenses, the returns of twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve. The ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.
Further demonstrating the power of the CircleLS = Left shoulder
H = Head
RS = Right shoulder
Just using the Fibonacci circle and establishing support areas, resistance areas, this head and shoulders pattern can be identified
Without the circle, this pattern is very difficult to identify
The main challenge using the circle is identifying the strongest trend. (Green line)
Here is my guide to using the Fib Circle, it truly is a great tool
Also my experimental idea - Fibonacci waves
AUDUSD: The price is MOVING up to its WEEKLY RESISTANCE zoneHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/USD
⚪ Technical Analysis :
During the 5th of February 2021, the price got an interesting bullish impulse on the secondary trendline, breaking through the S/R zone at about 0.76580 with no hesitation.
Once it reached the resistance zone at about 0.78000, it re-tested that a couple of times and then it's quickly pushed up getting another bullish impulse on its secondary trendline.
It is currently on the same level with a possibility to see a new correction until its previous S/R zone.
🔴 Conclusion :
Overall this market is still following a strong uptrend and I'm confident to see a upcoming bullish impulse once it will get a correction or a termporary consolidation.
Considering also the strong daily upbar during the last session, I would keep this pair in a watchlist and be ready for a long position.
The level at about 0.79000 could be an interesting entry point!
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDJPY: The price is still FOLLOWING its ChannelHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/JPY
⚪ Technical Analysis :
Since the end of January 2021, the price has been following a clear ascending channel, leaving its main trendline and starting a new uptrend, bouncing few times on its secondary trendline.
Today it broke through a daily S/R zone at about 76.600, getting a rejection (see the pin bar) on its dynamic channel's line.
The price is currently moving down, approaching a new re-test of the previous S/R zone.
🔴 Conclusion :
The monthly and daily perspectives are still following an uptrend, so I'll be looking for long positions on this trade.
I'm confident to see the price getting a bullish impulse after it will re-test and probably consolidate on the S/R zone at 76.600.
The price is cleary moving over the EMA 100, than a proper rejection will be a nice long opportunity.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
$CCTL Coin Citadel, a digital currency and blockchain investment company, focuses on building, operating, and supporting blockchain technologies. The company engages in cryptocurrency mining activities; and development of exchange and mining pool platforms. The company was formerly known as Global New Energy Industries Inc. and changed its name to Coin Citadel in November 2014. Coin Citadel was incorporated in 1986 and is based in Plattsburgh, New York.
$UVXYThe investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the performance of the S&P 500 VIX Short-Term Futures Index for a single day. The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future.
BTC, From one ASCENDING WEDGE to another ...this one stronger!***Repost: Last one got censored due to my Telegram channel linking. Sorry. Didn't know.***
Short term bearish signs all over...
...but people are so bullish , they can't see them.
Here's my previous post with some of those indicators:
I have just discovered another bearish short term signal! We should pay close attention to this. People continued with their bullish sentiment after we exited out and above the purple wedge . But we've now entered into a more dominant (IMO) and pervasive wedge . I am skeptical that we can overcome this without a bit of step back prior.
Keep in mind, overall, for the long term, I still remain bullish . But I would be less bullish if we don't consolidate/drop down prior to that mark. The reason? It simply is not a healthy sign to continue to ascend without proper consolidation first. It's not sustainable. I think Bitcoin is in a much healthier state than it was in 2017; therefore, I am calling for a drop to around 36-40k before further rise. And if we don't get that, I would then begin to expect a larger than usual crash in the future. The more we rise without consolidation, the more cautious we should become.
I wish you the best traders!
EURNZD: The price BROKE the SECONDARY TRENDLINEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/NZD
⚪ Technical Analysis :
Since the 8th of February 2021, the price has been following its secondary trendline, breaking through its S/R zone at about 1.67700, reaching the secondary bearish trendline after few re-tests on the same level.
On the last two bounces we can see the price forming lower highs, that could be an interesting sign of weakness.
The price is currently re-testing the S/R zone and the main trendline.
🔴 Conclusion :
I'm confident to see the price failing its attempt to break the S/R zone and falling down until the main support at about 1.66500.
In the daily chart, the last few days closed with a bearish pin bar could be a confirmation of an upcoming downtrend.
I'll be waiting for the breakout of the support zone at 1.67230 before planning my short position on this trade
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPCHF: The price Back to ITS TRENDLINEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/CHF
⚪ Technical Analysis :
Since the end of January 2021, the price has been following an interesting uptrend following its main trendline.
On the 12th of February, a strong bullish impulse on the trendline, moved the price up breaking through the S/R zone at about 1.23700, reaching a strong weekly area at about 1.25500.
The price is currently re-testing the same level and considering that this level rejected the price many times in the past, there is a possibility to see a clear bearish retracement.
🔴 Conclusion :
The price has been moving with a strong uptrend since the end of December 2020, and now that it reached a really strong S/R zone, I'm confident to see an upcoming market reversal.
I'll be waiting for a proper rejection on the current level before planning my short position on this trade and my target would be the next support zone or any point on the trendline at about the 0.50% of Fibonacci retracement.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni