Keylevel
AUDUSD: BEARISH CHANNELING, SELL OPPORTUNITY ON AUSSIE?Hello Enthusiast Forex Traders! Here's long-term outlook for AUDUSD , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
AUDUSD Created a wide rage bearish channeling. Afterwards, AUDUSD has broken out of the pattern that indicated a potential bearish movement.The MACD already crossed downward below the zero area, it signify a probability of potential bearish bias in the near future.
The roadmap will be invalid after exceeding resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
A divergence signal appeared with CHFJPYH4 time frame.
Structure: Uptrend.
At the price of 122,500 CHFJPY formed a divergence signal with the MACD indicator.
Wait for the price to break the Key level at 123,700 and appear a confirmation signal, then you can find a buying opportunity.
The profit target is the price zone of 126,000.
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Wish you all have a good trading day!
Wait for confirmation signal and sell opportunity with NZDCADH1 time frame.
Structure: Downtrend.
After forming a double top reversal pattern with divergence signal, the price broke the Key level at 0.87000.
Wait for a retest and a signal to confirm the return of the downtrend, then you can look for selling opportunities.
The profit target is the 0.86500 price zone.
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Wish you all have a good trading day!
Wait for confirmation signal and sell opportunity with BTCUSDH1 time frame.
Structure: Downtrend.
After the price broke the Key level at 59000, there was a move to retest.
With the current retest zone, the price has formed a triple top reversal pattern and a divergence signal appeared.
Wait for the confirmation signal, then you can find an opportunity to enter a sell order.
The profit target is the 51000 price zone.
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Wish you all have a good trading day!
Wait for the buy signal to appear with EURCADH4 time frame.
Structure: Downtrend.
Key level at 1.44500 has been broken. The price is forming a retest of this support.
Wait for the continuation of buying pattern to appear, then you can find an opportunity to enter an order with EURCAD.
The profit target is the 1.47500 price zone.
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Wish you all have a good trading day!
A divergence and key level break signal appeared with USDJPYH4 time frame.
Structure: Uptrend.
After showing a divergence with the MACD and a double top pattern, USDJPY price broke through the Key level at 112,700.
Waiting for the price to return to the 50-61 Fibo value zone of the strong down move at 114,500 and a bearish reversal signal will appear, then we can look for selling opportunities.
The profit target is the 112,000 price zone.
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Wish you all have a good trading day!
Wait for the retest and buy signal to appear with GBPCADH4 time frame.
Structure: Downtrend.
Key level at 1.71000 has been broken.
The price is retesting and here waiting for the formation of a continuation pattern after clearly breaking the Key level, then looking for buying opportunities.
The profit target is the 1.75000 price zone.
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Wish you all have a good trading day!
Wait for the retest signal and sell confirmation with USDCHFH2 time frame.
Structure: Uptrend.
Key level of short term uptrend at 0.92500 has been broken.
Here, wait for the price to return to the 0.92800 area to retest and appear bearish reversal patterns, then you can find selling opportunities.
The profit target is the 0.91800 price zone.
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Wish you all have a good trading day!
AUD-CAD Will Go Down! Sell!
Hello,Traders!
AUD-CAD broke the horizontal key level
And because a daily candle closed below
The level, we consider it a confirmed breakout
Thus, we are now bearish on the pair
And I am expecting it fall
From the supply area toewards the target below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
A divergence signal appeared with XAUUSDH2 time frame.
Structure: Downtrend.
Here appears a divergence signal with MACD.
Waiting for the price to break the Key level at 1815 and appear a retest signal can find buying opportunities.
The profit target is the 1840 price zone.
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Wish you all have a good trading day!
Divergence signals and buying opportunities with EURNZDH4 time frame.
Structure: Downtrend.
A divergence signal and a double bottom reversal pattern appeared at the support area of 1.61000.
The current price tends to break the Key level at 1.63500.
Waiting for the price to clearly break the Key level and appear a retest signal can find buying opportunities.
Profit target is 1.66000 price zone.
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Wish you all have a good trading day!
SHIB is going to drop more than 20%! Where is the bottom?SHIB Mid term analysis
SHIB is going to breakdown this huge wedge pattern and if it happens I expect to see a 20% drop or even more.
The best place to buy a little SHIB is around key level as you can see.
A bounce from the key area must be happen IMO, BUT I'm still not sure about that. We must wait to see what will happen in the near future.
A divergence signal appeared with GBPUSDH4 time frame.
Structure: Downtrend
At the support area of 1.33500, a double bottom reversal pattern appeared and the MACD dynamics dropped with divergence signal.
Key level is clearly at 1.35000, wait for the price to break the Key level and retest, then you can find buying opportunities.
The profit target is the 1.36500 price zone.
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Wish you all have a good trading day!
Divergence appears and buying opportunity with CADCHFH4 time frame.
Structure: Uptrend.
Currently appearing a double bottom reversal pattern at 0.73200 and divergence signal from MACD.
Key level is clear at 0.74200. Wait for the price to increase sharply, break the key level and have a retest signal, then you can find buying opportunities.
The profit target is the 0.75600 price zone.
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Wish you all have a good trading day!
US30 Creating LHs and LLs (at different SUPPORT AREA))A previous Bullish Uptrend has been invalidated at the Break of S1 which created a Resistance and a retest at S2 with price holding to retest the trend-line acting as Resistance.
A Bearish Engulfing and or Spinning Top with a Strong Bearish Candle is required at this RESISTANCE AREA to go short.
A divergence signal appeared with AUDJPYH4 time frame.
Structure: Uptrend.
Currently, AUDJPY is forming a divergence at the price area of 82,000 - the 50% Fibonacci zone of the previous WXY up wave.
Here, wait for the price to break the Key level at 84,000 and complete the bullish reversal pattern, then you can find buying opportunities.
The profit target is the 87,500 price zone.
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Wish you all have a good trading day!
BTCUSD: Time for a blastHello Traders!
In my previous post, i mentioned that there is a fear of a drop in BTC and i said that BTC has planted a bomb.
The reason why I said that is I saw an unusual behavior near my True reversal point. My True reversal points are derived from multiple strategies and it's the strategy that can give pinpoint accurate value of reversal but in some cases market reverse after breaking the true reversal point. Like in the previous post BTC broke the 56670 reversal point and dipped 1.88% more which is not a good sign and i said it's like BTC planted a bomb and looks like I was right and here we go now.
In this dip i am expecting that BTC will touch 49K and reverse from there. So get ready for a roller coaster ride.
Below I am adding previous post and few examples of my true reversal points. Click to open the post.
Previous post
previous post
Example 1
Example 2
Example 3
USDJPY retesting Key Resistance Areaprice currently retesting kEY Resistance area with the expectation that if price breaks this level above we should take a sniper entry from 15M time-frame and focus the first circle RESISTANCE retest and possibly 114.707
ALTERNATIVE SCENARIO:
if price retest with a rejection at the RESISTANCE AREA with a spinning top and a strong bearish candle or Bearish Engulfing then a SELL OPPORTUNITY is valid to the price 113.811