Is this a start for AUDNZD Bullrun? This could be 1988,1995&2004 bottomed support had been broken plenty of times since 2015 & 2020 double multiple dip the same area since then and bottomed confirmed from the same zone we were at right now.
Will AUDNZD start the bullrun this year since over 30 years ago? If the bands keep pressure the buys then mostly like will skyrocket to break above 1.7320 area to stay bullish. The bears will keep dominating if the bulls don’t try to break above the key zones to break away from the bearish trend.
Overall the highest high from AUDNZD is above 1.7600 area since the past 2 or 3 decades.
In order for AUDNZD to breakout then it has to break above 1.7320 area if it ever did then the bull run begins to keep the same momentum and strength.
Maybe
ETHUSDT Falling WedgeExcuse me!
I'm updating my ethereum analysis.
I changed the target zone in the Update, and I stand by my analysis that the exchange rate can bounce from the support zone at the latest.
I am attaching the image and link of my previous analysis so that the modification can be observed.
Here you can see my previous analysis, which I modified to the above.
BINANCE:ETHUSDT
EUR USD IdeaHello, Traders,
Let's take a moment to recap our recent trade ideas. The data we've been observing is changing daily, and our initial suspicion that last week's high was a mere fakeout has led us to anticipate a continued downward trend. However, we took profits at that point, opting to watch and see how the situation unfolds.
Now, as we delve deeper into the chart, a significant development emerges: the presence of a monthly Order Block. This block appears to be signaling a potential shift towards a bullish market sentiment. As a result, we've adopted a cautious approach, refraining from entering swing trades unless last week's high is breached once more. When that occurs, it could be the catalyst for an extremely bullish market sentiment, spanning across yearly, monthly, weekly, and daily timeframes.
Keeping a watchful eye on the evolving data is crucial as we navigate the markets, as it may present golden opportunities for trading success.
maybe!!BINANCE:MIRUSDT
Maybe it's, maybe it's not, what good if it happens
maybe green maybe
maybe blue maybe
Which do you like to be?
keep an eye on the flag... excerpt (tangent) on time frames.might not be an explosive one, but I don't know many buyers that can resist a bull flag. There is a lot of resistance to get through, but flags sometimes have a way of spearing.
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A small tangent on trading multiple time frames:
When I first started trading it seemed like changing from one time frame to another was comparable to looking at entirely different markets. By the time I got down from the daily to the 15 minute it felt like I was looking at a totally new chart and that nothing important carried over from the Daily timeframe.
I'm slowly curing myself of this, but I can't put my finger on any cause or revelation I came to. That leads me to thinking it's something you have to practice and practice until it becomes a reality.
It was like my mind physically couldn't hold all of the pieces together from the higher time frames. Moving to the lower ones, it would just let go of the previous information in favor of what was in front of me, being the lower time frames. I am getting better at holding all of the information together, but still it's not a cake walk. I would liken trying to do so to learning the piano. The ability to use your left hand and your right hand separately is something that requires conscious effort to decouple, isn't easy at first, but gets more natural with time spent practicing. The left hand typically does a slower tempo, and the right hand plays the faster rhythm. Same as trading. High time frames march to a slower beat, but they lay the tempo. The lower time frames make more notes, but they still occur within the tempo established by the left hand.
Then you have times when high time frame support or resistance fails, instead of throwing them out the window, and deciding that only the lower time frames matter, you could instead consider it a change in key signature.
LTC/USD Potential Bullish 3 Drives ReversalNot a professional. Not financial advice.
It’s hard for me to believe the crypto market is ready to go up again in the short term but the LTC/USD chart surprisingly looks ready to rip if the money was to flow again.
1) It underperformed this past year relative to expectations, but on the bright side it’s been forming a giant Cup & Handle when you zoom out.
2) Within the handle a bullish 3 drives down appears to be very much in play.
3) The RSI & MACD also look primed for some divergence signals too but again I’m not an expert.
I’m looking for 3 things:
- the sell off to continue down to the $135 range
- the volume needs to shows up
- and a retest of the trend line for confirmation
Thoughts?
Nasdaq consolidating after three part push. Reversal?Nasdaq has pushed up really nicely out of a double bottom, and now it is showing signs of hesitancy. It could decide to continue pushing up higher. It is still receiving support from the daily trendline.
But it has shown a nice Elliot wave pattern and is now consolidating so short positions could be considered. Actually as I am typing it is showing some signs of weakness.
It is 30 minutes until the open. I'm not sure how that changes things, or if it does. Except I can't use margin so immediately it's not ideal, but for many traders that might not be a big issue.
There is a lot of support below so if it fails that could be a reason.
throwing a hail mary predictioni didn't put too much thought into this but considering where we are on the GREED-FEAR INDEX (alternative.me/crypto/fear-and-greed-index/) we got WAY TOO comfortable WAY TOO quick
i'm expecting this pump to last til june 2nd. Why? Cause if you look back at April 20th you'll see it took 13 days to gap back into an uptrend.. the only difference this time is that we print a HUGE head & shoulders which will dip and cause panic and shake out a lot of new traders.. But that's all just a guess. If I were a market maker and wanted to shake out as many paper hands as I can before heading to the moon this would be my play.
NOT FINANCIAL FRIED RICE
ALSO ITS ONLY SLIGHTLY BEARISH IN THE SHORT TERM DON'T @ ME TELLING ME I'M GONNA BE FOREVER BROKE I LITERALLY HAVEN'T EVEN SOL-
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EJ Buy Long call I didnt catch any of the reversal i thought it would do on the previous post and i was out on raod to update this on time but here is the live call im doing currently original Target profit is 136.570 lol i hope it does happen but ill be updating this one specifically because I see it moving strong soon!
CLM2021. Looks like downhill running.Market Sentiment:
I don't usually do market sentiment. I have been a TA only person. But, to better understand the market I am branching out a little. Does anyone else have some commentary they would add? I know my narrative is fairly basic at this point.
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Oil got sold hard out of the gate in today's New York open after being bought up out of a long period where buyers and sellers were in agreement.
I'm looking for price to come back closer to that consolidation near the bottom of the channel in the lower shaded grey box.
Price is coiling up like a spring at the moment, but I think the peak just near it to the left will keep buyers shy.
The big players want price to go down so they can buy back the shares they sold this morning for a cheaper price.
Correlated markets of :Canadian Dollar and the S&P500 :: CAD is running at the top of a slowly climbing Daily Range. S&P is coming out of a brief correction, and trending gradually upward in the NY session.
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Just reading it to myself, it sounds pretty simple for lack of a better term. I'm not sure it was super useful, but I will start doing it more.
My Bear Wet Dream, Extra Salmon (Plotted till July 6th)This is probably total nonsense and liable to break trend any day here, but until then I'm dreaming big! SWEET TENDIES FOR BEARS!
GBPAUD 4/6-4/9/2020Moves similar to gbpnzd and I will be looking for similar movement. I think if price do not form and hold below bb that Price may possibly give another push up towards the highs before breaking previous lower levels. IF price closes below current level i will wait and see how pullback candle reacts and close. Will be monitoring the daily tf with 4 hr tf entry
Bitcoin down to $530021d/ weekly movingAverage crossing the 50 d/weekly MA crossing over for the 3 rd time in the history of BTC, Both times price goes to the 200d/weekly MA. Everyone is calling the cup and handle. Im only new to this but if everyone is saying something price wont do it.
Let me know if this has any merit as its my first public post
USD/JPY - Maybe up ? Maybe down up ? Hello guys, welcome back .
I strongly believe that the usd/jpy will visit again the short term bullish trend support line and after that we probably see USD/JPY to touch the monthly Resistance trend line. Of course, if the short plays out, we have to re analyse the market and depend on the price action we will decide if it's continuation up trend or reversal and start of down trend.
If you agree with my point of view please like and follow my ideas.
4 hour xrp long situation if xrp can regather volume www.tradingview.com
xrp has to have a ton more volume put in and left in just to hold and then more volume to go up, volume has dropped a lot in 24 hours. this is a possible long situation, but this is not a 100% call they never are, like I said much more volume is needed to sustain this climb. I hope it happens but seriously plan to get out and re enter or just hold and be safe. you don't want to take profits before anything double digit I would say depending on what you hold in your bags
I am long long term but this could be about to drop the bottom out before a big climb ,
not financial advice