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Daily review of BTC interval 1HHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price has dropped below the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,823, if the support breaks down, the next support is $ 22,615 and $ 22,451. Now let's move from the resistance line as you can see the first resistance is $ 23,174, if you can break it the next resistance will be $ 23,375, $ 23,535, $ 23,701 and $ 23,939. Looking at the CHOP indicator, we can see that in the 1-hour interval the energy has been used and the MACD indicator confirms the local downward trend.
by cryptodailyuk
2
Daily analysis and trade setups on NASDAQ 20220804Happy Thursday & Happy BOE day Momentum is bullish. We trade candles and not predictions. It doesn't matter what economic outlook is bearish if the Mr.market wants to go up. 13200 is our pivotal line in the sand. Buy above and sell below to get rich slowly. Macro: ECB Elderson Speech, GB BOE (everything), US Trade Balance, Jobless Claims, Fed's Mester Speech Buy Break: 13340, 13400, 13490 Reversal: 13200, 13120, 13050, 12990 Sell Break: 13210, 13130, 13060, 13000 Reversal: 13340, 13390, 13490, 13550, 13640 Green Goblins chart here >>> Confluence level chart here >>>
OANDA:NAS100USD
by TradingIndian
Daily analysis and trade setups on DAX Ger30 20220804Happy Thursday & Happy BOE day Dax bulls are eyeing 13925 now but they will need to defend 13450. Near & below that level, things may change. Macro: EUR Economic Bulletin, ECB Elderson Speech, GB BOE (everything), US Trade Balance, Jobless Claims, Fed's Mester Speech Our pivotal level today is at 13600. Buy Break: 13670, 13725, 13760, 13820 Reversal: 13580, 13530, 13480, 13440, 13410, 13360 Sell Break: 13580, 13550, 13490, 13450 Reversal: 13700, 13760, 13800, 13860 13920 Green Goblin levels are here >>> Confluence chart is here >>>
OANDA:DE30EUR
by TradingIndian
Bitcoin forming a bearish channel perspective!!!Analyzing the Daily timeframe, we could to expect another possible crash in the Bitcoin price. But it's very important to analyze well the fundamental analysis in this week incoming what we expect from more news in macroeconomic point. Also, I draw a model of this bearish channel perspective and I believe that we formed the ABCDE pattern correction into this chartist pattern. Remember that we're in the bear market, and it's not sure that Bitcoin going to up, at least combining our technical analysis with fundamental news that affect Bitcoin price. Right now, we see a bearish hammer candlestick formed in Daily timeframe indicating sell-off. There's a possible short position to $21,300 USD to take advantage of this trade if you trade cryptocurrency I hope that this idea support you!!!
COINBASE:BTCUSDShort
by harisonhbn9718
Daily analysis and trade setups on DAX Ger30 20220729Happy Friday and Happy Last Trading Day of the Month DAX range has compressed so it is making multiple levels of support and resistance. We simply have to deal with it until it makes up its mind and moves The bias is turning bullish by the day but the drop is going to be significant. So always be careful. " Trust the trend but verify " in force Macro: EUR Unemployment, GDP, HICP, US PCE, PI + PS, Chicago PMI & Michigan CSI Mostly directional scalp trades still Buy Break: 13440, 13520 Reversal: 13300, 13260, 13220, 13170, 13100 Sell Break: 13350, 13270, 13220 Reversal: 13450, 13500, 13600, 13690 Chart with Fib Levels here >>> Chart with TIFib Confluence Levels here >>>
OANDA:DE30EUR
by TradingIndian
Best Prices for Short Term Long Position for Gold SpotI personally think the prices given in the chart can be potential points for a retracement. Here are the reasons: The downtrend wave is going for its third motive wave which can continue to the 3 prices given in the chart. Fibonacci channel and retracement showed that the 3 prices are the primary potential points for a long position. As you see, the demand zones match Fibonacci numbers. NOTE: It is recommended to exit your trade as soon as the price gives it pullback. Additionally, it is better to check momentum in H1 and M15 timeframes to see if the price is saturated or not. Although technical analysis gives us perfect positions for getting a profitable long on XAUUSD, fundamentals are a bit unstable (interest rate of USA: 2.5%) and the price may go down more than we have predicted. So, it is crucial to have a reasonable risk-reward ratio (1:3 is recommended) equivalent to your trade volume, leverage, and account. Now tell me, which price is the best from your perspective? OANDA:XAUUSD
FX:XAUUSDLong
by AregBabayn777
AUDCAD Potential Bearish ContinuationWelcome back! Let me know your thoughts in the comments! **AUDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
Gold Technical Analysis DailyXAUUSD Technical Analysis 22.07.2022 1h chart Previous Daily candle closed Strong Bullish above the most recent Daily Resistance forming Support at 1697.800 breaking the previous Daily High and Low. Buys on close above 1720.300 targeting 30min Resistance at 1727.700 leaving Runners to 1h Resistance at 1732.300 and price could potentially tap the Daily Resistance formed on (14.07.2022) at 1735.500 if there was enough volume in the Market. Sells on close below 1711.000 targeting 1h Support at 1705.700 leaving Runners to 30min Resistance at 1698.500. We have Flash Manufacturing PMI and Flash Services PMI data to be released 15min after New York Stock Exchange Open.
OANDA:XAUUSD
by mrromeojee
Cardano forming a symetric triangle to overview now!!!Cardano price forming a symmetric triangle in 3 Daily timeframe and it's in this clearly consolidation that could to up to $0.61 cents again to watch this smart price to sell this cryptocurrency, and also entry in the smart point to sell and following the trend always. So, I will closed up my short now because crypto could to up a little ,but it's not to the moon and always following the trend it's a key to learn very good. In Daily timeframe, we formed a demand zone over here around $0.47 cents and price continue climb to see now a possible chartist pattern in formation. So guys, I have this perspective shorting ADA in 3 Daily timeframe. I expect that the price climb to $0.61 cents approx. and then wait to entry in short position in that zone to sell Cardan toward my new point $0.20 cents. This it's a crash of almost 70% I hope that this idea support you
BINANCE:ADAUSDShort
by harisonhbn9718
4
Nifty Important levels and trading plan for Wednesday 8th June 2With flat or small gap down opening, if nifty crosses 16410 and sustain then a bullish trade can be initiated. 16481, 16557 and 16612 will act as major resistance, for any gap up opening of more than 50 points need to wait for price action to complete for an entry. With flat or any opening below 16416, nifty crossing 16409 level with negative price action (in 15-minute time frame) a bearish trade can be initiated. Major support levels will be at 16364/16348, 16294 and 16217. These support level will only be applicable when nifty reaches those levels without breaking 16416. For any gap down opening of more than 100 points need to wait for proper price action. A channel is also visible in 75-minute time frame, which may act as support and resistance. Important points- 1. Nifty tomorrow with narrow CPR. 2. RBI meeting (6 to 8 June 2022) Considerable OI is found in 16500, 16600 and major oi is present at 17000 level for CE side and for PE side 16300 has highest OI, followed by 16500 and 16200.
NSE:NIFTY
by rahulbora11
EUR/CAD: Short PositionEuro/Canadian Dollar show us a good short position in this Forex par and we see a good perspective in this trade. The price make confluence in the 0.382% Fibonacci level and we see that price show us a bearish candlestick pattern here, this it's a bearish envolving pattern. The H4 still bearish in this trend and I hope that EUR/CAD continue down. I see that this opportunity could be a great to find down 115 pips. I hope that this idea support you!!!
Short
by harisonhbn9718
1
GBP/AUD: Higher Low in this market structure explainedGreat Britain Pound/Australian Dollar make a downtrend market structure in H4 timeframe with chance to short GBP/AUD in this trade For that, I will show you one of the Forex secret strategy to take in note, because into this consolidation in H4 timeframe. I see that the price make Higher Low in this structure, and also for reference the EMA 200 it's a good driven to hope a best place to look, becuase as the price it's make resistance in the EMA 200 descending the price, I see a possible opportunity to short GBP/AUD. Meanwhile, in Daily timeframe we see that the price look descending in the price action analysis. We see that we could to look a good short position So guys, i will place a sell order limit to $1.7683 AUD and SL to $1.7760 AUD (76 pips) and take profit at $1.7347 AUD (337 pips). Also to take in note, the UK news bring us bad expectative to short GBP about the fundamental analysis hand to hand with the technical analysis here in Sterling Pound I hope that this idea support you Good luck!!!
Short
by harisonhbn9718
2