Last weeks high: $22601.4 Last weeks low: $21067.1 Midpoint: $19532.8 After a sharp midweek selloff BTC has regained a lot of its losses with a rally late into the weekend. However, I'm struggling to be bullish at this point as price structure is still overall bearish after putting in a new lower low on the higher timeframes. Should BTC fail to break above and...
With to breakeven last leg by pollback to trendline-short , waitig for sell position
Last weeks high: $25305.1 Last weeks low: $24008 Midpoint: $22712.3 BTC Gradual decline away from the ~25k HTF swing high was to be expected for a lot of traders, last week that scenario played out with a consistent drawdown towards the lows of 22700. Personally I'd like to see 22.5k be the local low of this move down with a strong reaction from the bulls in...
OANDA:EURAUD We have a strong confluence of liquidity below our SL and then it will drop down to the support area created in higher timeframes
OANDA:XAUUSD xauusd trade idea tf h1. this trade idea for self backtest only. i am not responsible for any loss in audience trading by following this idea.
Last weeks high: $23381 Last weeks low: $21882.5 Midpoint: $20384 BTC continues in a strong bullish trend after concluding another week of upward movement. Last week I stated that the 0.75 (~20.4k) line was a key area to look out for as if it were to be lost and confirmed as resistance, BTC would start to look bearish. However, this area was tagged (and a...
GBPJPY sell 156.666-157, sl 157.5, TP 156-155.6 Technical analysis is based on AC + fibonacci retracement in H1 timeframe
Lower high/ supply zone multiple retest and strong rejections. Price retesting /w retracement and then plummets.
I'm waiting for the channel to break. Entrance: after breaking the channel, around 1790. TP: first at 1770. P.S. This is not financial advice of course
Last weeks high: $17425 Last weeks low: $16668.5 Midpoint: $17047 BTC ranging between these levels. Last week every first attempt to push past a key level failed on first try with a reaction off the line for both Longs and Shorts. I expect more ranging throughout the week with reactions at the key levels similar to last week, with price tending toward the...
Huge Shorts incoming for AUDNZD, H1/H4. First target is 1.07, when H4/daily support zones for next targets. Lower highs formed, and price has been ranging, though on multiple occasions with strong rejections from supply/res zone. Bears are dominating and will push the price further down. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Aussie H1 has penetrated the trendline and potentially weakens towards the classic support at 0.6584 as long as it doesn't penetrate the resistance at 0.6671.
Still aiming for sell direction for GOLD as price creating possible flag pattern for sell direction. Trade at your own risk! ~Junn
• On the H1 chart, you can see that XAU/USD found support just beneath the downside line of the channel. Only a false breakdown and an upside turn were registered. It tested the S1 (1,706) static resistance (support turned into resistance). • It has formed a flag pattern in the near term, which is considered a bearish formation. Major uphill challenges are...
EUR/CAD - Ongoing Short Break > Bullish Trendchannel broken to the downside > last higher low invalidated > POC above current price > Small bearish trendchannel established EUR/CAD is the mirror image of CAD/CHF (which in turn looks long). The current market environment is rocky, so use proper risk management if you position yourself in the short direction.
Seeing that AUDcad seems to be failing to close above recent highs. It appears that AUDcad was losing bullish momentum. COT data reported a weakening AUD and a strengthening CAD. Market came to test dynamic Daily Resistence. The test seems to have apprached the resistance in a rising wedge/flag correction. The top of this inner corrective channel formed a Double...
For this currency pair, I am going long for 59.1 Pips.
EUR/AUD: Higher high mit heavy Volume - overaching upward trendchannel - break of bearish pullbak - POC high volume below current price - Break of Structure & Change of Character For more content watch my last 3 streams: ⚜️ 5 Step Wall Street Analysis www.tradingview.com ⚜️ Multiple Timeframe Analysis www.tradingview.com ⚜️ Fixed Range Volume...