Highprobability
H4 TA analysis of the current situation with two options ahead Daily:
We have a not clear downtrend, almost empty area below 8.50. Next serious support is 7.40
H4:
Downtrend for 5 days (-23%), accumulation for 13 days with further bearish breakout. At 8.6 - new accumulation.
After false breakout, no high correction, 3rd bar after FB is "stop bar". Next bar in bearish. reached 80% H4 ATR for 3 hours.
It seems that shorts are nearby, but we have to be sure, that other scenario is cancelled. The best short signal for us will be small bars (H1-H4) in yellow box, just above the 8.5 line.
Tp is 3-5% above the 7.40
SOBHA LTDBollingerband open indicate high volatile
Inside bar breakout which indicate trend will continue
EUR/AUD: Higher high mit heavy VolumeEUR/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
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Meikel & Team WSI
When in Doubt, ZOOM OUT!!!This week can play out big for Bitcoin!! If support holds we can run to $47K.
FOLLOW ME FOR WEEKLY UPDATES!!!
Litecoin continues to gather momentum to the upside.Following on from the LTC/BTC trade I posted a few days back. I believe we are seeing a building of momentum to the upside. Examining the daily candles, we are seeing continuous strong green candles. I believe that this is a great consolidation zone to accumulate litecoin cheap.
Although not financial advice the way I have undertaken this trade is using Binance cross 3x LTC/BTC. This is one of my strongest conviction swing trades at present. I believe the underlying risk to the downside is limited to a low risk level. With large upside if this trade is undertaken and pushed by larger market actors.
Litecoin also has a significantly lower market cap than most cryptos being pushed in the market.
Falling wedge on DAX Hello Traders
On weekend I published this idea first. Now the price formed a falling wedge and is now at the resistance from last week lows. The Traders Dynamic Index is bearish too.
If the price break through the wedge support plus the 38.2 fib level there will be a good chance that it will go further down to the 50 fib level maybe till 61.8 level.
Good Trades
Shopify Inc - LongBullish Indications:
Higher highs after series of LHs & LLs
Trend line resistance break
Flag pattern formation
AB=CD
Historically this pattern is being repeated and showing good bullish trends (highlighted)
So based on all these parameters I think it will go long
extremely bullish, your next mooningTORN on 3days, weekly and monthly is a big chance .... you do not want to miss these crosses when they happen on big charts ( weekly - monthly )
search for those, you only need one of them once every while and wait for them to pump
TORN is a privacy coin like monero which pumped hard over the past 20 days, and now it is TORN's Turn ^_^
fibbonacci levels are a mix of fib retracement and a trend based fibbonacci extention, those are my chosen targets and you may draw according to what you know
it has done a moving average crosses ( 20-200) on daily and retested it with a little break down of it
DYOW
i will go all in when this one start to move, already building position
be careful of BTC ..... it might ruin the pump in its way going up if btc dumps hard
🐻XAU/USD VERY HIGH PROBABILITY SHORT (MUST SEE)XAU/USD Has been moving up the past few months.
Price reached a major resistance and pivot point on the weekly chart.
A very long pin bar was then formed, on the weekly chart, this is a very strong sign of reversals.
With price reaching this resistance for the second time and rejecting it for the second time, a double top was formed.
On the daily chart, price formed a head & shoulders. These are very string confluences so far.
Going lower to the 4H chart we see a bearish continuation pattern AND there are two other patterns within it, also bearish continuation patters.
A flag and a rising wedge.
There are a lot of buyers sitting around 1920. Every time price breaks below this value cleanly, we see an impulsive move downwards but price has managed to pull back above this price twice.
Gold is currently resting on this price level and it seems it is likely to break soon at it is constantly being tested.
The sequence of the continuation pattern drawn up has been completed to 4, which is the third touch on the resisting trendline. What we expect now is for price to move downwards then break & retest the support below.
We should look to sell when price breaks below the support at 1920 and also the major support around 1890.
Take profit should be the price marked in green
OANDA:XAUUSD
ABB INDIA LTD Looks good for positional trade.Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
HAL Looks good for positional trade.Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
USDJPY longFX:USDJPY
we re waiting for long entry
wait the price to reach the support area then we'll wait the price to bounce up and retest the area
dont be rush just wait for this big opportunity
and d'ont forget to set your stoploss :)
Have a good trade
buy and hodlOn the monthly we get a nice triangle pattern, we also got a ~90% correction from ATH, break-out is confirmed and there are high dividend yields... :-)
SPY DIVERGENCEYou can see there was momentum going up as price went down which created the bottom and now rising price of SPY. This indicated there was going to be a breakout which there has been but I doubt it will go over the next resistance.
I can’t show you in this post but if I scroll out you could see the FIB levels of the overall swing high/swing low
The past support now resistance level is coming and the 50% fib level is inside which could be a good shorting point
I will be shorting 451 if RSI is oversold and stoch crosses under to 441
INFOBEANS TECHNOLOGIES 1:4 RR🎯1000NSE:INFOBEAN broke out from an ascending triangle (cup and handle) consolidation pattern and gave a retest after a very bullish uptrend, suggesting a trend continuation.
Breakout volumes are very high, hitting fresh all time highs.
One can enter entire position after price crosses and sustains the psychological 600 levels and hold for 1000 targets.
Shown setup is a Positional Trade. Holding period is anywhere between 1 month to 6 months.
Targets: 650/800/950/1000+
Place a deep sl for this trade below 440 levels.
High risk, high reward, high probability trade.
Script also has good fundamentals, and continues to have demand when the markets are selling off.
Position size accordingly. Gut feeling says this trade is a good bet.
HAPPY TRADING!
USDCAD Bullish possible tradeHTF (D) - The market has been in a bearish movement and now started to form an ascending channel.
HTF (4H) - Broke from a descending channel after touching 3 times into the bottom of the daily correction move, with a nice impulsive move out to the upside, indicating a good bullish opportunity.
LTF (1H) - The market now needs to show a nice correction pattern before continuing its bullish momentum.
Swing trade The price is come multiple time frame demand zone and this zone is a origin of up moment
Trade Idea About Idea 💡The price has broken previous downtrend and previous high and did a retest on a previous support. Now the bulls have more probability to take over. Please adjust your risk according to the SL and TP mentioned in this idea. Good Luck. NFA
CADJPY Bullish continuationHTF - With a bullish bias and forming an expansion channel indicating further momentum to the upside.
LTF - Price formed a Double bottom (W formation), at the bottom of the expanding channel and hitting a level of support, possible further bullish momentum to be expected, as long as we get a continuation correction pattern with a break of it, in order to get a decent entry.
GBPCAD Possible ShortPrice has been forming an Ascending channel in the HTF, and impulsively reacted from the top of it.
In the LTF (1Hr) price has been forming an ascending channel as well, breaking it on the 31st and now correcting it as a continuation flag. Waiting for a BO of price to TP at the most recent swing low.
INFOEDGE/NAUKRI AT IMPORTANT LEVELHello Traders,
The last stock given here on tradingview did not close above the buying levels so here I am with a stock that is not a breakout trade but a support/resistance trade. The stock I am speaking about is Infoedge.
Now Infoedge gave a breakout of old resistance and went on a bull run for a 2 weeks or so but then failed to made a higher high and came down, now the point where Naukri is right now is the old broken resistance turned into support and it is supporting and resisting the fall for downward levels.
There is also a long-term trendline providing support at the same place making it a confluence circle so we can have a upmove from the same point again.
RSI has room for bulls
MACD crossing to green levels
Last breakout zone turned support
Trendline support present
Buy Above - 5760
Targets mentioned in the chart above
