Pivot Points
What wil it be CAD/CHF?? want to go on a date ?a bulish or bearish move has been on the minds of alot of people. i even dream about a move sometimes. but like alot of things we just look but dont touch....but today/this week we might have a change coming to that saying.
on the daily timeframe we have a nice demand zone with a clean legg out. price came back to the zone and gave us a rejection on the daily already. but the official entry for me is going deeper that. when we look on the 4H timeframe we have a nice demand zone waiting to receive some love.
now what i want to see is price falling to to the 4H demand zone with a nice clean rejection for a nice entry for a possible bullish run.
Price Movement Insights: Reversal or Continuation?4H Chart
Current Price: 148.656
Reason for Bearish Reversal:
• Ascending Broadening Wedge (Bearish Reversal Pattern)
• RSI in Oversold Territory (Potential Correction)
Bearish Reversal Price Targets:
• 1st TP: 146.875
• 2nd TP: 143.750
• 3rd TP: 139.557
Conversely (Bullish Targets):
• 1st TP: 150.000 (Psychological Level)
• 2nd TP: 151.563
• 3rd TP: 153.125
Wishing you successful trades!
EURUSD Multi Timeframe Analysis 24.10.202415m Swing Bearish , Internal Bullish
After sweeping daily low, we might see a bullish reaction
Ideally wait for 15m swing to shift bullish, or follow internal bullish order flow
V shape bullish reaction indicates that bullish 15m internal push might continue
Price between 15m demand and supply now. See which will lead
Ride the rune today!Rejection at past range POC but we are currently range bound and above the local POC.
Expecting to break through as RUNEBTC also shows a sign of confluence (simple resistance to support flip)
By toggling the log chart, a basic 5 wave structure is easily seen. Wave 3 is currently impending
Although this could turn into a standard correction, (ABC, etc.) we are still bound to reach the VAH of the past range. IT IS A HARD TAKE PROFIT 1!
It is too good to be true but this asset's wave 1 is a 1000% the possibility is never 0
Hard stop loss will be the low of the local range! (4.4)
Entry: 5.15
SL: 4.4
TP1: 6.7
Important Day for EURUSDThis is the daily chart of EURUSD.
Yesterday, the price dipped below the previous low, leaving a wick.
Upcoming USD news will make today's close critical.
Watch for a possible rebound and potential upward movement in the coming days.
There is no basis for selling at these levels!
EURAUD: Key Levels for Long-Term GainsHello,
FX:EURAUD remains positioned for long-term gains. What’s crucial at this moment is a crossover and a lock above the 1M pivot point; once that happens, the upward movement should be smooth. However, if the price drops below the 1W pivot point, we can expect further declines.
TradeWithTheTrend3344
WTI on the Rise: Approaching 1Y Pivot PointHello,
BLACKBULL:WTI is on an upward trajectory, having established itself above the 1M, 1W, and 1D pivot points as it moves toward the 1Y pivot point. Despite this trend, most market participants are still anticipating further declines, which should become clearer soon!
TradeWithTheTrend3344
BRENT Support: Awaiting Crossover for Upside ConfirmationHello,
BLACKBULL:BRENT has established support in the range of 69.914 to 68.675 and is currently on an upward trajectory. We can expect more upward movement soon, but for now, we need a crossover and a secure position above the 1W PP to confirm additional gains.
TradeWithTheTrend3344
UK100 Tests Key Support, Bullish Rebound LikelyHello,
CAPITALCOM:UK100 has dropped below the 1M/1W/1D price point, with further declines expected in the near term. This bearish movement could potentially challenge the entire 1M support structure. If the price settles below 8130.8235, we may see additional drops. However, confidence remains strong that it will rebound from the initial 1M support and resume its bullish trend.
TradeWithTheTrend3344
AUS200: Will Support Hold or Decline?Hello,
PEPPERSTONE:AUS200 has established a strong resistance level at 8369.84 and is now testing its support levels. So far, the initial monthly support at 8198.38 has held, but further tests of support are still possible. Key support levels to watch are 8160.90, 8123.42, and 8010.99. For bullish momentum to continue, the monthly support structure must hold; otherwise, further declines may follow.
TradeWithTheTrend3344
VETUSDT Long Setup Setting / Divergence on the ChartBINANCE:VETUSDT
COINBASE:VETUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status🙂
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
0.2295-0.2352
⚡️TP:
0.2360
0.2405
0.2440
0.2481
🔴SL:
0.2203
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
are the bears taking a pause on EUR/USD?my sentiment on EUR/USD is bullish. from the Daily timeframe a fall has been happening, but the indicators give an oversold signal. with numbers indicating the buyers schould start coming in at any point this week. on the daily we entered a nice demand zone, on the 4H timeframe we have a nice demand zone (green bar). and that wil be my entry.
what i am waiting to see now is a nice rejection on the 4Hdemand zone for an entry.