Get started

Keylevel

Divergence appears at resistance for BTCUSDTH2 time frame. Structure: Uptrend. The MACD divergence signal occurs when the price moves to the resistance level of 52000. Wait for the price to complete the double top reversal pattern, break the Key level at 49400 and get a confirmation signal, then you can find selling opportunities. The profit target is the 45800 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
$T - Unorthodox Breakout Trade ThesisHistorically, $T is an extremely slow mover, which is why I was kind of shocked to see it as a potential breakout trade candidate. For whatever reason, $T keeps aggressively rejecting off of 24.22, meaning that once these sells are cleared out, we're likely clear up to 24.64! Once 24.64 clears we see 25.00 rather quickly. Although this move seems tiny on paper, if you play it with options, you can easily bag 200% gains in the blink of an eye. If we clear 24.22, consider grabbing 12/23 24Cs or 12/23 25Cs, depending on your risk tolerance. GLHF!
NYSE:TLong
by FluxTrades
Divergence signals and buying opportunities with EURAUDH4 time frame. Structure: Uptrend. At the price zone of ​​1.57000, a divergence signal and a double bottom reversal pattern appeared. Waiting for the price to break the Key level at 1.59000 and the retest signal to confirm the uptrend, we can find buying opportunities. Profit target is 1.61500 and 1.64000 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
1
A divergence and double top pattern appeared with AUDUSDH4 time frame. Structure: Downtrend At the price zone of ​​0.72000, there is a divergence signal with the MACD indicator and a double top reversal pattern. Wait for the price to complete the pattern and break the Key level at 0.70900 and have a confirmation retest signal, then you can find selling opportunities. Profit target is 0.70000 and 0.690000 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
Wait for confirmation signal and sell opportunity with AUDJPYH4 time frame. Structure: Downtrend. A divergence signal and a double top reversal pattern appeared. Wait for the falling price to break the Key Level at 80,500 and have a confirmation retest signal, then look for selling opportunities. The profit target is the price zone 78,800 and 77,000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
USD/CAD FALSE BREAKOUT AND CLEAR DIVERGENCECanada's inflation rate stays at an 18-year high of 4.7% on Wednesday. The data point released by Statistics Canada on Wednesday morning was in line with economist expectations, tying October's level, which was the highest inflation rate since 2003. Inflation rates are soaring around the world right now, as the combination of record government spending, supply chain disruptions, and a surge in demand for consumer goods has caused prices to rise quickly. USD/CAD is currently at a 3-month high level and on a key resistance level. Also, it is on a few spots before 1.3000. Yesterday the currency pair makes a fall breakout of the key resistance level and close below 1.2882. The traders' sentiment stays unchanged and more bulls on the market are prevail but the bears are waiting to see how the price will react from these levels. On a daily chart, they notified clear bearish divergence confirmed on MACD and RSI oscillator indicators. If the price drop below 1.2754 it would be a clear signal that the bearish divergence is confirmed and probably more bears would be activated on the market. If the price starts to fall it can reach price levels around 1.2625 or lower to the key support around 1.2300. If this level doesn’t stop the price from falling we can see the drop to the key psychological support level around 1.2000. If the bull sentiment on the market remains unchanged and the price break through the current price level again and stay above, it is possible to see the 1.3000 level be reached very soon. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
by legacyFXofficial
Wait for a bearish reversal signal with USDJPYH4 time frame. Structure: The uptrend was broken at Key level 113,000. The price is retracing to the 50-61 Fibo zone of the previous down move. At the price range of 114,000 - 114,400, waiting for a bearish reversal pattern to form, there may be selling opportunities. Profit target is the price zone 111,700. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
1
Wait for the breakout signal and buying opportunity with EURCADH1 time frame. Structure: Uptrend. The price is currently moving in the sideway from 1.44000 to 1.45500 and retesting the Key level of the previous downtrend. Wait for the price to confirm a rise above 1.45500 and appear bullish continuation candlestick patterns, then you can find buying opportunities. The profit target is the 1.47700 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx