EURAUD-Long. Gartley pattern on 1 Hour. EUR > AUD(mid-term)Long trade on 1 Hour timeframe. Mid-term bias--: EUR stronger than AUD.
Gartley pattern formed perfectly.
RSI zig zag lowest point is reached and forming another bullish line.
RSX bounced from oversold level going upward (might have another minor wave triggered).
Price trading at the Daily bullish trendline (orang-color line)
Trade details:
Entry: 1.57350
TP: 1.58300
SL: 1.56640
*If you like this trade, please share this trade so we could help others gain profit as well*
Levelsandzones
GBPSGD -Short. Naked trading. Longterm Bias: SGD > GBP.Short trade on Daily timeframe for GBPSGD (Swing trading-Long term).
Naked trading with trend line breakout (orange-color line) in bearish bias.
Zig zag peak point is reached and forming another bearish line.
RSI already on the downward momentum.
Price is currently at important resistance level.
Trade details (2 options of entry):
Entry option 1: 1.81811 (early trade-->aggressive risk)
Entry option 2: TBD (at the break of the trend line downward-->conservative risk)
TP: 1.77440 (initial TP).
SL: 1.83460
Note #1: For the conservative trader, stay tune on this trade, I will update it once the price broke the trend line, or if I have other update.
Note #2: I run multiple accounts (manual and automatic/robot trades), so few times I forgot updating the trade, please remind me by chat just to make sure.
EURGBP-Long. Gartley pattern on Daily. Longterm Bias: EUR > GBP.Long trade on Daily timeframe for EURGBP.
Gartley pattern formed perfectly on Daily timeframe.
Zig zag low point is reached and forming another bullish line.
RSI reached oversold level and crossed LSMA. Upward movement still in progress.
Trade details:
Entry at: The break of the Orange-color line. Around 0.88700 to 0.88750. The Orange-color line need to be broken before jumping in the trade.
TP: TBD. Maybe 0.90450
SL: TBD. Maybe 0.86455
At the moment price still forming the momentum to go upward. This is a swing-long-term trade.
GBP gaining strength over CAD (short-mid term). Gartley on 1H TFLong trade on 1 hour timeframe for GBPCAD. Short to Mid-term bias--: GBP stronger than CAD.
Gartley pattern formed perfectly on 1 hour timeframe.
RSI zig zag low point is reached and forming another bullish line.
RSX reached oversold level.
Price is in the zone (yellow shaded area).
Trade details:
Entry: 1.74360
TP: 1.75220
SL: 1.73660
Trade already active and running.
NOTE: This is an early trade, price might go lower before taking upward movement.
EURCHF-Short. Butterfly pattern on 1 Hour.Short trade on 1 Hour timeframe for EURCHF .
Butterfly pattern formed perfectly on 1 hour timeframe.
RSI zig zag lowest point is reached and forming another bullish line.
RSX reached overbough level and crossed the LSMA going down.
Trade details:
Entry at: 1.08050 to 1.08045. We are waiting the break of the yellow rectangle area and/or at orange trend line .
TP: TBD
SL: TBD
Trade will be at the break up of the yellow rectangle area and/or at orange trend line .. At the moment price still in the indecision.
USDCHF-Long. USD pump strength over CHF. Crab pattern on Daily.Long trade on Daily timeframe for USDCHF . Long-term bias--: USD stronger than CHF.
Crab pattern formed perfectly on Daily timeframe.
RSI zig zag lowest point is reached and forming another bullish line.
RSX reached oversold level and crossed the LSMA on oversold zone (might have another wave triggered).
Trade details:
Entry: 0.89310
TP: 0.90300
SL: 0.86965
Trade will be at the break up of the resistance (Orange horizontal line). It is a swing trading, probably will not a straight line up.
VIEW ON BANK NIFTY 20-11-20I have bearish view on Bank nifty for tomorrow. If it breaks the levels of 28,800, Then there will be good downside movement.
Support Placed at levels of 28500-28400.
If nifty sustains 28850 level and try moving up then the resistance placed at levels of 29300-29350.
Views are personal. Not responsible for one's P/L.
DXY (US-DOLLAR) playing GAMES! Good momen tum coming soon? Hey tradomaniacs,
looking at DXY we can clearly see how the market does not know what to do.
It`s kinda hard to say where majors go as long as DXY (US-DOLLAR-BASKET) is playing these games.
After three attempts to break through the resistance while SPX500 has shown a fakeout below a Key-Support-Level yesterday DXY continues to consolidate in a range.
I`m carefully watching the current market-depth but its just an random up and down.
A break into any direction will probably cause good momentums to catch.
Stimulus seems to be impossible ahead the election so a break to the upside could be likely.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Correction of OilWhat can we see? Divergence of Rsi on long period of time, because of it i think we have buyers weakness.
+ The price is at the local resistance level, now
Try to short it with short stop-orders.
Deal:
Short: $42,35
Stop: $43,60
Take: $36,10
Risk|Profit: 1|5
Good luck have Fun!
UPL Limited view from 2 June 2020UPL is in a upward channel ... in the resistance zone also consolidating .. possible both scenario upward breakout
or back to support level ( indicated in red line) buy only if candles closes above the channel middle line..
scenario 1:
consolidate for some time in red zone ... goes towards the last support line to test the level and also to increase the buying pressure
scenario 2 :
continue the channel aggressively by going upwards
scenario 3 :
not able to hold in the red zone and falls.
XAU/USD Weekly ReportXAU/USD currently stops its uptrend by not creating the new HH in the previous structure.
However, it is creating a new HH in a new formation.
In recent days, the price kept consolidating among the supply and demand zone as shown.
Now we're looking for a retest to 1747.85 and a down to 1657.5.
Or breakout to 1781.64 and have consolidation in that major supply zone. Waiting for a further breakout the 1884.62
Good Luck everyone!
FX_IDC:XAUUSD
Bitcoin Levels April 2020Bitcoin is currently standing between the weekly open and monthly open levels. Quick analysis of the levels anticipates the following levels:
March Open - 8523
April Open - 6412
Weekly Open (20 Apr '20) - 7121
Yearly Open - 7195
BINANCE:BTCUSDT
In case of a candle close above 7450 - 7500 it is quite certain to expect the next zone at 7600 - 8100 to act as resistance.
With 17 days before the halvening on the Bitcoin block reward, we might expect volatility on both sides.
Let's see how we progress.
Eyes on the prize!
Euraud short idea I am keeping a close watch on the 1.82550 level on Euraud if i isn’t able to break beyond that level we will see a nice push to the downside I am keeping a close watch on this pair which can give a good Risk to reward position for a short 1.75550 will be a good area to eye for take profits. Let’s sit on the sidelines and watch this pair close this week
BITCOIN Heavy traffic aheadCOINBASE:BTCUSD
now is just about zones ahead to break. We have a confirmed bullish trend after the strong support breakout, so it should remain bullish for a bit. The only thing is the great amount of liquidity levels ahead from the previous structure, look at the chart and look at the history (daily and weekly timeframe) and see how it repeats itself.
I do not predict, I have a bias based on what I see on the chart and right now is bullish!!!
USDCAD at a strong resistance, teacup pattern completed.FX:USDCAD
let's take a look at the USDCAD here, about a month ago it was at the very same level, and after NFP and Bank of Canada interest rates news hit, it came down a lot of pips, not because of the news (I do not follow or trade the news) but because of a bearish structure and facing a strong resistance. Today we have the same resistance holding, teacup pattern formed and completed in the short term, news hitter today BUT big wick showing bullish rejection.
at this point I would like to see a break and retest of this level before looking for a buy setup. otherwise I'm selling it like crazy.
I will post updates with lower timeframes scenarios, so you can keep up with it.
LG