Pullback
AUD/USD updateThe US Federal Reserve is meeting on Wednesday and is anticipated to raise rates by 75 basis points (bp) according to a Bloomberg survey of economists. There has been speculation of a 100 bp tightening but the market has this priced as only a slim possibility.
This rate disparity may put AUD/USD under pressure, particularly if forward guidance from the Fed is more hawkish than they have already been.
EURUSD on hold before the news EURUSD is rejecting the resistance zone but it looks like it is going to wait the news tomorrow.
Before that, it could continue trading sideways without forming lower lows.
You can look for aggressive entries on the rejection or wait for further confirmation for more conservative positions.
trend changing in vixUVXY is demonstrating higher lows and higher highs. the current pullback is likely a bounce in SPX, but if that fades we should see new low in indices with a new daily high vix keeping UVXY trending up. if were stronger in indices overnight and tuesday we should form a lower high and roll over UVXY. upper or lower horizontals are price targets, and dashed line is pivot. bottom or top of envelope are areas to close. over all the trend in vix remains bull until we breech new lows in uvxy, setting a lower high and demonstrating bear momentum.
Here We GoHi everyone,
In my last post, I was explaining how we might still be bearish and how we might make a pullback to the upside for BTCUSDT.
Looking at the price, we just broke above the trendline shown above which represents the resistance for the area of consolidation. In other words, we are looking at a breakout.
Since we are retesting the higher time frame (H4) previous highs, I am really interested in the 21100 level, where we might see some consolidation. The main reason I think this would be an important level is that it is in confluence with previous H4 lows above the price we are at right now, as well as the 0.382 Fib level considering the last upward move and the 0.5 Fib level considering the last downward move.
The direction of the trend will be determined by the breakout from the next consolidation level.
When to sell EURUSD? Yesterday, EURUSD continued trading sideways without being able to break below 0,9955.
Today, we are expecting another push down and for price to eventually reach 0,9880.
The best entry signal would be a push just above 1,0024 and then an immediate drop in price.
In case we see a rejection wick above the previous high that would give us an entry signal as well as good risk to reward ratio.
💰GOLD analysis in Daily time frame🔥⭕You can see gold analysis in daily time frames(XAUUSD _1D)🧐
🔰Due to the downtrend of the price since 2070 and the presence of the price in the support🧡 line area❗❗ If the price can break the black downtrend line and stabilize above it, in Pullback❗ the price to the support🧡 line and the downtrend🖤 line can be bought and there is a possibility of the price climbing to the SUPPLY zone🔺
But if the price can break the black🖤 uptrend line and stabilize below it, in Pullback the price to the black🖤 uptrend line and the orange🧡 line (supporting the resistance) can be for sale and there is an expectation of a price down to the DEMAND zone🔻
which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
____________📈TRADER STREET📉_______________
Triangle Pattern formation in 1 WTF!>Good formation of the triangle pattern happened but the most important thing we need to watch for is good Volume build-up!
> The upper Trend Line should be broken with the good volumes is the only concern!
>Good formation of 'V' Shaped Candle Sticks is happened just below the 20 DMA.
>The 4 Supports Levels are significant because they represent the higher low's formed in the above triangle.
>Let the break-out happen first, then entry is what I am planning or else if you want to enter it now go by the stop-loss I gave.
>The Stop-Loss is some what more but it is favorable when compared to RRR which is '2.02'.
>The first Target would be the 52w high.
Let's Watch with patience!!!
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USD-CAD Local Short! Sell!
Hello,Traders!
USD-CAD has retested a strong horizontal
Resistance level which extends left way further
Than it can be seen on the chart
So we are now seeing an expected pullback
And a further move down is likely too
Sell!
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SPY - Short term bullishHello friends,
Let's understand Multi-timeframe analysis for AMEX:SPY .
Daily TF:
Recent price action suggest that a short pullback could be seen in SPY as it is approaching the demand zone.
45 minutes TF:
Below are the confirmation signs that suggests a pullback.
1) Price is approaching daily demand zone - Buying pressure may step in
2) Price is making LL while RSI is making HL - Bullish Divergence
3) Price action is showing rejection from demand zone(long lower wick candles) - Bullish reversal price action
Additionally similar confluence is seen in TVC:DJI .
Daily TF:
45 minutes TF:
Support & Resistance Zones in 1 DTF//SBIN***Bullish-Trend, the Higher Highs and Higher Lows represents that, just Follow the Trend, the Trend is our Friend
>The above pattern has solid Support(3) & Resistance(5) Zones are perfectly formed.
>The Stop Loss should be strict due to the high volatile market conditions. The perfect SL would be around 525(-4.5%) according to me.
>The Target only for 1:2 Risk Reward, ideal would be 10%!
> The break-out is looking strong in 1 WTF, go watch yourself.
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#The holding outlook as of Jun 2022 Quarter:
Promoter(Govt): Slightly Decreased.
FII's: Decreased.
DII's: Increased.
Public: Slightly Decreased.
AUD-CHF Short From Resistance! Sell!
Hello,Traders!
AUD-CHF is trading in a downtrend
And the pair is now retesting a broken key level
Which is a supply level now
From where the price will fall further down
To retest the horizontal support below
Sell!
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See other ideas below too!
Bullish pullback (Hypothesis)I’ve done some candle analysis in the background, which I can’t show you for good reasons. But after doing so I feel that the market will move up, into a small pullback. But this pullback will not be the beginning of and Upwards trend move. The market will pull back and continue its move in the downwards position. Don’t be fooled into thinking it will continue to move up.
- Anyways this is just my Hypothesis, don’t take anything to heart.