CADJPY Bullish again!Hello traders,
There are 2 entries and 1 TP for the CADJPY.
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Price_action
The Weekend Market: An Analysis of Bitcoin Price MovementsOver the weekend, the bitcoin price experienced another $1000 rise. The bullish sentiment among weekend traders caused the price to break through the monthly level of $23,301 and reach new heights. Currently, the price ranges below the weekly level of $24,297.5 after front-running the weekly naked point of control at $23,970 with a $3 margin.
The direction of today's price action will be heavily influenced by the performance of the stock market and the US Dollar Index (DXY). From previous price movements, we can observe that the DXY is showing signs of weakness, while both the S&P 500 Index (SPX) and bitcoin are demonstrating strength. This suggests that we see a continuation of these trends.
Based on this analysis, there are three potential scenarios for the future of the bitcoin price.
Scenario 1: Bitcoin may experience a dip down to test the monthly and new daily levels at $23,021. At this level, there is a confluence of factors, including the point of control for the entire range, a 0.618 Fibonacci level, and a new daily level. This dip may give the market a sense of acceptance within the current range, trap late shorts, and prompt a continuation of the upward trend.
Scenario 2: The price may hover above the monthly level and continue upward, eventually reaching the weekly level of $24,297.5. This would signify a continuation of the current bull trend.
Scenario 3: Alternatively, the price may continue to fall because of a failed auction, punishing late longs. The price may also fall back within the current range and continue to range.
As a first sign of weakness, we will observe the price spending more time between the point of control and the Value area low of the current range, and if it falls below the 4-hour order block level of $22,287. In this case, we may expect the price to dip and test the daily level of $20,673. If this level does not hold, further downward price action may be expected.
XAUUSD 1h Price Action AnalysisAs you see in the chart, There is a downtrend resisting the price and near it there is one major horizeotal resistance and another minor one.
As the trend has been downward since many days before, I strongly suggest only open short positions for swing trading. And for Long positions, Wait until the price breaks the downtrend and enter in it's correction (Which creates an MTR pattern).
XAUUSD 3rd week of September ForecastIt's based on Price Action.
I think there is an uprising triangle building up and if it breaks from top, we have a bullish trend and if it breaks from bottom, we have a bearish trend.
Swing trading opportunity in KPIT techTake entry after small retrace> between 550- 560
Keep stop loss below 550 or according to your strategy
Target> 638
EURJPY running at profits of 272 pips currentlyOANDA:EURJPY AMD Liquidity Concept
HTF Bias :
Price range broken below and then retracement above 50% of TR - Strong Bearish trend
Setup Patterns :
potential HTF's POI.
Imbalance/FVG @ 0.62 - 70.5 OTE level.
Buy Side Liquidity
taken out with Liquidity Void.
A-B-C Bearish Reversal
Setup & Entry Pattern (AMD Trading Plan) : SH + BMS + RTO firmly established
with RTO on FVG & Supply Zone/OTE Level
BItcoin analysisAll the descriptions clear in chart. But war can fail all the predictions
if u want to participate in my courses replay this messege.
**Dont forget to thumbs up**
Bitcoin approaching yearly openBitcoin is approaching the 2022 open
The 2021 open was a significant price point all year
Will we see the same in 2022?
Price above the yearly open may indicate more gains in Q1
A failure to rally and close above the yearly open is bearish
Long Term Prediction of EURUSDEUR is experiencing a compression in a triangle which if the price breaks out from 1.13453 then the price will touch 1.13580 and 1.14358, waiting what we see in the next few days.
SAND can take the upper prices if ....if the Descending channel broke in upward movement, Sand can move to tp1 then tp2 and maybe tp3...
Good opportunity in DYDXUSDTWhat do you thing about this symbol? are you sell? buy? or do nothing ?
write in comment♥
BINANCE:DYDXUSDT
Key Areas Ahead !Look for a bearish Candle stick formation To SELL here at this level. If a candle closes above this then look for a retest of this area and BUY.
Measured move up for BTC and ZILPlease mind that this analysis is mostly technical and might get invalidated by fundamental or news events.
This is a suggestion to go long on BTC and Zilliqa(ZIL) native coin.
Inside the green circle:
Just as in the text book ... how much confirmation do you need to go long?
On 7th September we saw a stop hunt to take out weak bulls who entered
around or before 7th of August and had already moved their stops up to the low of a
double bottom that formed between 12th - 18th August(purple line), to secure their position.
In general, as the effort to wipe out the bulls so aggressively is so obvious, I regard this as
a psychological attempt to scare small investors(= weak bulls in this case) out of the market.
Another indicator for price to go further up North.
Following the stop hunt we again saw a double bottom where the second low could not quite reach down to the
first one. This was then terminated by a strong bullish momentum engulfing pattern with follow-up candle
and a rather weak pullback retest a the time of writing.
The red lines indicate a measured move up and I'm assuming we will even be seeing a third leg up.
The grey lines indicate a more realistic behaviour of the price movement.
As ZIL is following BTC so nicely we cannot only expect a second leg of the same length as the first one
but at least a movement up to the top of the resistance zone that formed around April and May.
Decentralized Finance has only just begun, so I have no clue what price levels we eventually will be seeing
for ZIL and similars, but there sure is a huge upwards potential within the near and further future.
Falling Wedge- BullishBig falling wedge on RUN that it's been holding for quite some time now. The solar sector tends to be cyclical with respect to price action, which in turn leads to big breakouts and vice versa (See charts of ICLN & TAN). With all of the intraday choppiness and the broader markets seemingly starting to pull back a bit as big tech takes a breather, the solar sector had surprisingly good relative strength on Friday with FSLR, NOVA, and RUN managing to close green on the day.
- Bollinger bands squeezing, closed Friday sitting right on its 20-day SMA (Not Pictured), and some slight bullish divergence on the RSI. Will be looking for a breakout from this falling wedge (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on
PT1- $48.99
PT2- $50.27
PT3- $53.33+ Breakout
ICLN
TAN
BNB ready to BOOM 💥Bnb is making a great pattern to move up. Considering that next BNB Burn event is coming this month. I believe it will touch previous daily resistance soon.
NZDCHF - 1hOANDA:NZDCHF
how do you think about this position ?
price is going to reach the upside of the channel
BTCUSDT_D1Hello my good friends
Bitcoin is completing wave B and if it does not stabilize above the price of 49437, this analysis will be valid. We expect Bitcoin to fall and wait for the price to reach the dates I got with gann and see a nice price return
Price action 1Our priority should be top time-frames such as 4h 3h 2h 1h. I love 1h. First recognize HH LL and similarity, find resistance and support zones. find pull backs and wait for confirmation. You can use some indicator as confirmation tools.
Profit and Profit
Mr ATASH
BTC explosion!!!!hello
how is going?
this is my own analyisis based on price action and hope you decide the best :)
Buy EUR/USD M15- The current H1 trend is uptrend.
- M15 just made a vertex, then returned to the old vertex
