USD/CHF - Long Term OutlookOverextended bearish cycle, bottomed out at 0.8950. Hawkish USD outlook pushed price to the upside. Last week was flat.
Where will price head this week? Continue to the upside?
Have a great trading week!
Dailychart
tcsTCS has reached its crucial level of resistance on daily chart. Keep an eye on it, if it breaks that an awesome upside movement can be witnessed. What makes me more confident of a breakout is the formation of double bottom too.
Pure price action , no fancy indicators.
GBP/USD broke out of its primary Trendchannel!Hey tradomaniacs,
GBP/USD broke out if its primary trendchannel and could continue its way down for a correction.
Since the breakout of the monthly downtrend we haven`t seen any retest yet
Watch these levels carefully as fundamental circumstances aer a bit chaotic for the US-Dollar. This breakout could continue or turn out to be a fake.
Worth a try with conformation. :-)
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NZDUSD Daily Analysis- Overall Bearish Market StructureHello,
I am working on my technical analysis with my charting. Please feel free to comment and give more input if you agree.
NZDUSD has been bullish since March of 2020. Price action previously respected the uptrend parallel channel reaching a major resistance level of 0.74690.
There are resistant candle tops that show a downtrend forming in the market structure. Lower lows have been presenting; confirming the downtrend as well.
Over the next several month I'm expecting price to continue short.
We look for 4 confluences in market structure to confirm the direction of the market. In this idea shown, we have identified several.
1. EMA 8 & EMA 14 crossed over and currently bear.
2. Lower lows presenting resulting downward trend.
3. Candle tops resistance at key resistant levels.
4. Head & Shoulders pattern ( M )
AKRO USDT IS FORMING A FALLING WEDGE ON DAILY TIME FRAMETrading Signal Time
Akro Usdt
Entry: 0.025 to 0.02
Tp: 0.041
Tp: 0.047
Tp: 0.051
Tp: 0.061
SL: 0.009
XMR/USDT (BINANCE)Monero went on a bearish stretch, after the appearance of a Harami Pattern (marked on red) the price has began entering a correction phase where right now is going for a breakout possibly to the upper side, the price breaking above the moving average shows signs of a possible reversal happening, staying above that pink EMA200 indicates that prices has found support and demand. MACD shows momemtum to the upper side as the price keeps climbing. Stochastic still below overbought levels. Strongly suggest watching those 5min candles and 15min candles to get the most accurate information to confirm the breakout.
Kusama (KSM) - More Bullish PA to Continue?Daily Chart - Long Term Outlook!
We can see price hovering around the 400 USD mark, at a key previous level in price.
Will we see more bullish PA on this coin? We have seen KSM perform better than most coins as of late.
What coins are you trading in the crypto markets?
NZDCHF looking up 🦐NZDCHF is moving inside a descending channel.
The market after the recent low at the 0.64300 started a move to the upside and currently is testing the descending trendline.
According to Plancton's strategy if the price will break above we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 for a new ATH? 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all time high.
The price during the retracement tested perfectly the 0.5 and the 0.382 Fibonacci level.
According to Plancton's strategy of the market will break above we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BLS INTERNATIONALBLS INTERNATIONAL is going to be made symmetrical triangle pattern in daily chart .
After 125 level it is showing some big move.
buy above 125 level
Note that this analysis only for educational purposes, feel free to give your review on my analysis.
GBPUSD a symmetrical triangle? 🦐GBPUSD is trading over an ascending trendline.
The price is creating a symmetrical triangle pattern and according to Plancton's strategy if the market will break above we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
bank niftyBankNifty Resistance seen at 34700/34800
if not sustain ABOVE we seen again down side .
for 34200-34000-33800.
33800 is good Support add buy pos. here and dip
near 32200 also. WE SEEN 34200-34500-34800+
Note: All views are education purpose only.
May 2021 DumpMeasuring from All charted ATL to ATH 65k This Dump retraced to exactly 23.6% Fib Retracement
CHOLAFIN Long trade for Swing.The price has been moving in an Upward Channel and is around the Lower Trend line of the channel and there is also a Demand Supply zone around it. So there is a Confluence of both. A Confluence of 2 or more lines indicates a zone to watch out for some price action either side.
But watching the buyers buying on dips and being active on the lower trendline and RSI is also around 51
showing strength in the stock to move higher. Hence my view says to buy around CMP with a target of almost 8-10%.
XAUUSD - 4H Hello traders , I hope you have a great day . as you see we are watching gold's last bullish attempts , so , i think we had a bullish flag pattern , as you see on chart I would trade after break out and a pullback , I think we will have a safe sell .
I will have SL but I am not planning to have TP , so chart will say to me where should I close my order . after flag pettern's breakout , I guess we will have a double head or triangle pattern or maybe another flag pattern . so I will make another sell order after that break out .
if you liked my idea please like and share and follow me for more analyses :)
TRADE WISELY , HADI TOHIDI .
SANDUSDT Let's catch some waves!This could be profitable! It's at what I call the h of a W: DOWN (a new low), UP (Test of prior high), DOWN (Test of new low or creation of a higher low), and finally up creating the W formation. See the chart. Good luck!
BTC - Read of the Market - Path to sub 45K? Then What...In this video I share my current read of the market. We cover the daily timeframe and talk about where the eventual target might be. This is not a prediction video this is me sharing how I use my trade system to interpret what the chart is telling me at the is the moment. Sure I use my experience and market psychology but this is mainly me sharing my trade system feedback and whether I should be fading or momentum trading.
Reading the ETH chartIn this video I break down the current state of ETH. Where I see potential high probability trades as well as possible downside support if the sell-off continues.
We start with the daily timeframe-- but move to what is happening on the hourly and where a potential short opportunity exists. From there we look at both downside and upside opportunities.
GBP/USD Simple Daily BreakdownWatch for clean break of 1.40000 resistance before buying on the retest. Should be an easy 130+ pips.
Analysis of the EUR/USD on the daily chartInside a descending price line, it forms an inverted head and shoulders pattern. If it continues forming the pattern, it will fall to 1.18632, then it will rise again.
And when the neckline is breached, its targets will be 1.21211 - 1.21666 - 1.22047.
XRP rally to 70 USDHello, Madame and Monsieur
Take a look at this imminent break and easy money (I would say).
One year from now you will say "I had so many XRP, DAMN", that´s right you will say that cause Ripple is about to moon and never come back to this levels in USD.
Still need some more time, more volume, meanwhile lawsuit, news, blah blah blah then boom you miss the train. Up to you friends.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient
