Priceaction-signal
Possible buying opportunity GOLDI know this looks like a bunch of bs xD, but thats all lines of where the price could react to in the future.
I just noticed that the price is reacting to a major trendline. It created structure for buys within it- meaning, it possibly made a higher high and higher low right now.
ADA/USD:Short PositionCardano it's moving toward bearish movement. I put a short position in ADA rightnow in H1 timeframe as I look a downtrend continuation toward 1.12.
I entry in the 1.23 and my Sl at 1.28.
This it's a risk bwnwfit 1:2
My prediction in my Ethereum analysis was good. But i dont catched this short posiriin when Ethereum hit my SL in my past analysis in Ethereum in H4 and loss 3% in this trade. But my perspective to sell etherejm I knew it very good
Good luck in this short position.
Selling the EURUSDYesterday we pointed out the sell zone on EURUSD
Right now, we're looking for possible rejection of current levels or another test of that zone.
In bot scenarios we expect to make an entry today. We will wait for a clear confirmation.
Targets are below 1,1525. You can follow the development in our daily analysis.
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Is EURUSD going to fall?The important level to watch out for is 1,1800. If price manages to close below it today, then we would expect 1,1730 as our first target,
We can make an entry on the break and retest.
All stops have to be above 1,1850.
Today we also expect the Retail sales for the US and that will most likely cause some moves as well.
The main direction is still to the downside!
Let's see where will price breakout on EURUSDThe key levels from yesterday, are still valid. We need to see a clear breakout so we can look for an entry opportunity.
A drop below 1,1853 will most likely mean a trend reversal on the hourly chart and a sell signal.
We can also look for a break and retest of that level to give us the right entry moment.
If market goes above 1,1909 that will confirm the uptrend and we would expect a continuation.
Right now is quite risky to choose a direction and to enter any trades.
We'd rather wait for a confirmation.
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Expecting the fall on GOLD. Target 1700!Yesterday we pointed out the opportunity to sell on GOLD.
Price is currently 15$ cheaper, but there's still a 30$ move to the target of 1700!
For those of you who managed to get involved yesterday, you can now move your SL,
and if you're currently looking to enter then make sure to place your SL above 1755.
In case of a downside impulse, then we will be looking to possibly extend our target.
Watch out for our daily analysis and show some support by giving us a like and maybe even leave a comment!
Bearish Gold move expectedThe precious metal reached $1810 during the European trading hours but changed its direction during US session and last seen at $1798. Gold additional losses are likely with a daily close below $1800. It would attract more sellers who would push the price to $1790 and $1775. A move above $1820 (200 - day SMA) would change scenario to bullish with a $1830 as next target.
Overall, the buyers are struggling and we may see a leg down to next demand area.
Please like and comment if you like the idea. Thank you!
EURAUD - FOREX - 18 April 2021Look at the #EURAUD chart on 1h timeframe!
there is a HL and it means trend changed.
look for breakouts on this chart.
if price break the resistance zones, the frist target is 1.58300.
look at the 4h timeframe:
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EURCAD - FOREX - 18 April 2021Look at the #EURCAD chart on 1h timeframe!
as you see this is the wedge pattern and we enter a trade in the S&R zones and
Pattern breakout .
on the 4h timeframe price touched a good resistance zone.
look at the 4h timeframe chart:
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Confluence of factorsNice signal from price action
# Support become resistance
# Inverted hammer pinning resistance and moving average
# Stop above the high of the hammer and targeting support seen on D1
Enter at market price @ 1.69423 with
# SL @ 1.70008
# TP @ 1.64202
To learn the dynamics behind the analysis, please join my mailing list using the link below zc.vg
As usual don't bet the farm. Good risk management won't kill you but the lack thereof could!
NZDCHF NZDCHF view as on D1
The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward.
# For more information on Markup buddy please read here www.profitfxza.com
See my analysis below while using this tool:
# Price has printed a buy signal on H4 off the support trend line
# Higher lows and equal highs are formed indicative that the bulls are in control over the bears
I have bought at market price @ 0.67610 with
# SL below the support trend line @ 0.67001 and
# TP higher up at 0.68963 just below resistance
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
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E-mini S&P An interesting day, price-action wise, yesterday.
Today, more Q1 earnings reports – may put spanner in the works.
Overnight, price coiled around the highs of yesterday. Price is above yesterday’s POC and has tested yesterday’s high several times.
My take is that price will shoot through the October highs. As to whether it continues, that’s down to earnings reports out today. However, it might want to shake out weak longs first. If that’s the case, price will take out yesterday’s high then come back into the overnight range before continuing to the upside.
Having said all this, I will wait for the NY session open for guidance.
Big Picture analysis for USD/JPYWeekly chart
- Past 5weeks candlestick bar in range after strong bull 7weeks before.
- Pin Bar formed after retracement.
- Range inside bar with bullish probability.
Daily Chart
- 2x Rejection at daily/weekly Resistance line. 2 events (21/05/2018 & 15/06/2018).
- Clear Sideway Range with 3x bullish pin bar formed.
- Reversal bar formed recently at Daily S1 .
Summary
- Possibility of price pulling back down and push back up to break daily/weekly resistance line.
- Favours towards bull as both weekly and daily shows positive uptrend.
Due to NFP upcoming Friday, it will affect the movement to either break resistance line or continue bear and break daily/weekly S2.
AUDUSD- Broke 3 year high resistance point!OANDA:AUDUSD
Good day my friends~
A brief introduction regarding my analysis...
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is thus, affecting your bias of that market. Let me introduce you to my 3 great trading friends... THE 20, 50 & 100 MA!!!
3) The mind! - My analysis may not always be right, nobody is, it's just my opinion and point of view. There's no right or wrong in any market analysis, the only thing is belief. Believe in me and my analysis, let the result be the light to the dark cloud hovering your thoughts about trading.
4) Please feel free to comment and feedback to me about my analysis & on your views about the market. Through sharing, we grow together as a trader or even better as friends!
-AUDUSD has been very bullish ever since the start of December 2017.
-Price broke out of the 0.80242 3-year high resistance point and rallied higher.
-Price is above all 3 indicators = strong uptrend & BULL momentum .
-Forecast that it will be moving towards the next major resistance @ 0.81736 .
-Looking at the H4 chart you will see some price rejection as represented by the arrow, the price may enter into consolidation, we shall see how it goes when the market opens.
- GO LONG, my friends!
To a good trading week ahead all!
Regards,
Kayden
EVERY TIME-FRAME IS SCREAMING BUY! ...LET ME EXPLAIN...Last months close was a faultless pin-bar candle close which shows a lot of significance. A neat formation of higher highs and higher lows on the weekly. Zooming into the daily we see a nice rejection off of the 61.8 fib. The H4 time-frame presents us a break of a ctl which has actually created a HH if you look carefully. As of now on the H4 we are in a descending triangle formation. A simple entry would be to wait for a break of this chart pattern and enter a long position. + 1M, 1W, 1D ...Moving averages are all bullish.