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British Pound can rebound up to resistance line of wedgeHello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price a not long time ago declined from the 0.8570 resistance level to the 0.8520 support level, which coincided with the buyer zone inside the range. After this price rebounded up from the support level and rose almost to the top part of the range, but soon it fell back and some time traded near the 0.8520 level. Then GBP rose again to the top part of the range, which this movement coincided with the seller zone and at once turned around and fell to the buyer zone. In a short time later price exited from range, broke the support level, and declined to lower even buyer zone. After this, GBP entered to wedge pattern, where it soon made a strong upward impulse from the support line to the resistance line, which is located in the seller zone, thereby breaking the 0.8520 level one more time. Then price made a correction lower resistance level, after which it turned around and in a short time rose back to the resistance line of the wedge. But a not long time ago GBP bounced from this line and declined to support line, after which it recently bounced and started to rise. In my mind, the British Pound can correct to the support line and then rebound up to the resistance line of the wedge. So, for this reason, I set my target at 0.8560 points, which coincided with the resistance line. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
Euro can exit from pennant and then rise to resistance levelHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago declined from the resistance level, which coincided with the seller zone, but soon it turned around and rebounded higher than the 1.0890 level and even the seller zone. But then EUR started to decline and in a short time it fell below the 1.0890 level, breaking it one more time, to the 1.0800 level, which coincided with the support area. Then price bounced to the resistance level and made a downward impulse lower than the 1.0800 level, breaking it and also entering to range. In range, the price tried to back up, but failed and declined to bottom part of this pattern. After this, the price reached the support line of the pennant, and made a strong upward impulse higher than the 1.0800 level, breaking it again, and exiting from the range too. Later Euro reached the resistance line of the pennant, but at once turned around and declined to the support level. Also recently, the price bounced from the support level and now it trades near the resistance line of the pennant, therefore I think Euro can fall to the support line of the pennant and then make an impulse up to the resistance level, thereby exiting from this pattern. For this case, I set my target at the 1.0890 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
Bitcoin can exit from pennant, make correction and continue growHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago started to trades in the range, where it at once declined to the buyer zone, which coincided with the 51300 support level, but soon it rebounded back. Later BTC reached the top part of the range and then turned around and in a short time declined back to the buyer zone, where the price some time traded. After this, it bounced up from this zone and few time traded near the support level, after which BTC fell back to the buyer zone and soon made a strong upward impulse to 54800 points, thereby breaking the 51300 level one more time and exiting from the range. Next, the price started to rise in an upward pennant, where it soon reached the 60600 current support level, which coincided with the support area and later broke this level. Then BTC rose to the resistance line of the pennant, but after this it turned around and in a short time declined to support area. After this price bounced up to the resistance line of the pennant back, where it at the moment continues to trades near. In my mind, Bitcoin can fall to the support area, thereby exiting from the pennant and then it will start to grow. So, that's why I set my target at the 64550 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
NZDUSD - Wait For The Trigger 🏹Hello TradingView Family / Fellow Traders, On 4H: Left Chart NZDUSD has been bullish trading within the flat wedge pattern in red and it is currently hovering around the lower bound. On 1H: Right Chart 📈 For the bulls to take over, we need a momentum candle close below above the neckline highlighted in gray. 📉 Meanwhile, NZDUSD would be bearish short-term and can still trade lower inside the daily support. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
HelenP. I Bitcoin can reach $60000 points and then start fallHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some time ago started to trades in consolidation, where firstly it declined to support 2, which coincided with the bottom part of the flat and support zone. After this, the price turned around and in a short time rose to the top part of the consolidation, after which it rebounded and made a strong impulse down to the trend line, which is located lower support zone. But soon, BTC entered back to consolidation, making a fake breakout of support 2, and continued to grow near the trend line to the top part of the range. Later, after the price reached the top part, it exited from consolidation and continued to move up to support 1, which coincided with one more support zone. But when BTC reached this level, it rebounded and some time traded near, after which it declined to the trend line and then made strong impulse up to 59000 points, thereby breaking support 1. So, at the moment, I expect that Bitcoin will reach the 60000 level, after which it turn around and make a correction movement. For my mind, BTC can decline to 56000 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
Ripple can bounce up from support line of pennant to seller zoneHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price recently started to trades in the range, where soon price declined to the 0.5070 support level, which coincided with the buyer zone and then continued to rise. But when it reached the top part of the range, XRP turned around and declined lower than the 0.5070 level, thereby exiting from the range. After this, the price started to rise in an upward pennant, where it at once rebounded from the support line and rose to 0.5070 level and in a short time broke it one more time. Then XRP some time traded near this level and later made a strong upward impulse to the resistance line of the pennant, breaking the 0.5570 resistance level, but soon price turned around and declined back. Also, price tried to back up to the resistance line, but failed and declined to support line of the pennant. But recently it rebounded from this line and started to rise. So, now I think that Ripple can correct to support line of pennant again and then rebound up to the seller zone, breaking the resistance level. For this case, I set my target at 0.5635 points inside the seller zone. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
HelenP. I Bitcoin will rebound from trend line and continue growHi folks today I'm prepared for you Bitcoin analytics. Some days ago price rebounded from the trend line and rose to the support zone, which coincided with the 50650 support level, but at once BTC rebounded and made little correction. After correction, the price rose back to the support zone, and in a short time, BTC broke the 50650 support level and rose until to the resistance level, which coincided with the resistance zone, and also price started to trades inside consolidation. In consolidation, the price rebounded from the resistance level and declined to the support level, but soon it bounced and rose back to the 52800 level. After this movement, BTC turned around and started to decline to the support level, which coincided with the trend line, where recently it rebounded and started to grow. At the moment price continues to rise near this level in consolidation, so I expect that Bitcoin will correct to the trend line, after which it will rebound and continue to move up in consolidation. That's why I set my target at 52300 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
Bitcoin can grow from support area to resistance line of wedgeHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago started to trades in the range, where firstly it declined to the support level, which coincided with the buyer zone and bottom part of the range. After this, the price rebounded up and rose to 48950 points, but then it turned around and started to decline. As well, the price entered to upward wedge, where it fell to the support line, thereby exiting from the range and breaking the 41700 level, but soon BTC turned around and started to move up. Soon, the price broke the 41700 level and later made little correction to the support line of the wedge, after which Bitcoin made a strong upward impulse to the resistance line, breaking the current support level, which coincided with the support area. But a not long time ago it rebounded and now the price trades near the support level in the support area inside the wedge. In my mind, BTC can decline to the support level and then rebound up to the resistance line of the wedge. For this reason, I set my target at the 54000 level, which coincided with the resistance line. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
Gold can rise higher than resistance line and then start to fallHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a not long time ago started to trades in a range, where it rose in a short time to the top part and even higher to the resistance line, but soon it turned around and declined back to the range. Later price declined to the support area, but in a short time rose back to range and some time traded near the 2025 current support level. But a few moments later Gold exited from range and made a strong impulse down to the buyer zone, which coincided with the 1995 support level, breaking the 2025 level. Soon, XAU bounced from the buyer zone and rose higher than the 1995 level and then started to rise near the support line to the current support level. And in a short time later, Gold reached this level, broke it again and at the moment, it trades near the support line. So, in my mind, Gold can rebound from the support line and rise to the 2035 - 2040 zone, thereby breaking the resistance line, after which it will turn around and start to decline, and maybe lower the support level. Therefore I set my TP at the 2015 level. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
2
Binance Coin can exit from pennant and rise to 270 levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a few time ago traded in a range, where it two time fell to the buyer zone, which coincided with the support level. In a second try, BNB rebounded from this zone and rose to the top part of the range, after which turned around and in a short time declined back, thereby exiting from range and breaking 297 one more time. Then the price started to rise in an upward channel, where soon, BNB rose higher than the 297 level and later made a correction movement to this level, which coincided with the support line of the channel. Next, the price bounced from this line and continued to move up in the channel to the resistance line, but when it reached this it, BNB rebounded, entered to the pennant, and made a strong upward impulse to the resistance line of this pattern, thereby exiting from the channel and breaking 350 level, which coincided with support area. But a not long time ago price rebounded from this line and declined to support area. At the moment, BNB trades near the resistance line of the pennant and I think that the price can fall to the support area and then continue to move up, thereby exiting from the pennant. For this reason, I set Take Profit at the 270 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
Bitcoin can make correction movement to 48900, exiting of rangeHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a not long time ago made downward impulse from resistance line of the pennant to 41500 support level, which coincided with buyer zone. After this movement, BTC some time traded near this level, after which in a short time price broke this level and declined to support line of pennant. Then BTC turned around from support line and started to grow to 41500 support level. Soon, the price broke this level one more time and continued to move up to the resistance line of pennant, and after reached this line, BTC fell to the support line and then made a strong upward impulse to 48900 level, which coincided with the support area, thereby exiting from the pennant. In a short time later, price broke 48900 level, made retest and rose a little higher, but a not long time ago it started to trades in range, where price continues to trades to this day. In my mind, Bitcoin can decline to the bottom part of the range, then make little movement up, after which continue to fall to the current support level, thereby exiting from range. For this reason, I set two targets, first target at the 50600 level, and second - at the 48900 support level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
GBPAUD: Pushing into the PCZ of a Bearish SharkGBPAUD is pushing above the range resistance and into the PCZ of a Bearish Shark with elevated volumes, at the same time there is a Bearish Gartley formed on the RSI and the RSI is setting up to breakdown while in the overextended zone. I think we will likely see the AUD take back dominance for a few months in many of its pairs, particularly in the GBPAUD and AUDUSD pairs. It is possible that the GBPAUD pushes above 1.95 for a short amount of time, I will likely continue shorting into 1.955
Short
by RizeSenpai
Binance Coin can correct to support area and then start move upHello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price a not long time ago rebounded from the resistance line of the triangle, and in a short time declined to the support line, thereby breaking the 300 support level, which coincided with the buyer zone. But then, the price bounced from the support line and soon rose back to the resistance level, breaking the 300 level one more time, after which BNB later exited from the triangle and tired to rise more, but failed and made correction to the support level. After correction, BNB made a strong upward impulse to 316 current support level, which coincided with the support area and in a short time later broke this level too. As well, the price started to trades in a range, where it rose to the top part and some time traded near, but not a long time ago BNB rebounded and declined to the 316 level, where the price continues to trades near to this day. In my mind, Binance Coin can fall to the support area, where it will turn around and start to move up in range. Therefore I set my target at 323 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
Bitcoin can little correct and then continue to move upHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago traded in the range, where it firstly declined to the 41500 support level, which coincided with the buyer zone, but soon BTC turned around and made impulse up higher than the bottom part of the range, thereby exiting from it. Next, the price entered to the pennant, where it rose to the resistance line, after which it made a strong downward impulse to the support line, thereby breaking two levels - 47000 and 41500. Later price turned around from the support line and in a short time rose higher than the 41500 level, breaking it one more time and little time later BTC reached the resistance line of the pennant and broke it too, exiting from the pennant pattern. After this movement, Bitcoin rose to its current support level, which coincided with the support area, and recently broke it also, after which the price made a retest and continued to move up. At the moment, the price trades near the support area, and in my mind, Bitcoin can correct to the support area, and then BTC will bounce and continue to grow. For this case, I set my target at the 49900 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
British Pound can rebound up from buyer zone to 0.8570 levelHello traders, I want share with you my opinion about British pound. Looking at the chart, we can see how the price recently started to decline in a downward channel, where it soon fell to the support line and at once bounced up to the resistance line of the channel. Then GBP turned around and declined to the 0.8570 resistance level, which coincided with the seller zone, some time traded near and later declined lower this level, thereby breaking it. Also then, the price exited from the downward channel and started to trades in the range, where GBP in a short time declined to the 0.8515 support level, which coincided with the buyer zone with the bottom part of the range. After this, the price turned around and soon rose to the top part of the range, which coincided with the resistance level, but a not long time ago, GBP rolled down from this level and declined back to the buyer zone. As well recently price bounced from this area and tried to rise, but failed and now it continues to trades near the buyer zone. So, I think the British Pound can fully decline to the buyer zone, after which the price will turn around and start to move up to the 0.8570 resistance level. For this reason, my target is located at this level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
Gold can little grow and then start fall to 2005 level in rangeHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some days ago made a strong upward impulse from the buyer zone to the seller zone, breaking 2005 and 2085 levels. But soon, the price turned around and in a short time declined back, breaking these levels again. Next, the price turned around and bounced up higher than the 2005 support level, thereby breaking it and entering to range. Inside range Gold rose to seller zone one more time, where it soon turned around and declined back to range. In a short time later XAU declined to the 2005 level, after which it rebounded and started to move up. After the price rose to 2060 points, it rolled a little down, where it continues to trade to this day. So, I think that Gold can make little movement up, after which it turns around and starts to decline to the 2005 support level, which coincides with the bottom part of the range. So, that's why I set my target at this level. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
BTC - Bulls Took Over 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. In accordance with my previous BTC analysis, we were awaiting a break above the blue zone or below the red zone to determine the next movement. 📈 This week, the bulls won the battle by breaking above the blue structure at 44,300. Therefore, we anticipate further bullish movement toward the 48k - 50k resistance zone. 📉 Unless the bears manage to break below the blue zone again, in which case we would expect BTC to return inside the range, resulting in a movement toward 42,000. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
Bitcoin can make little movement up, and then start to fallHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago started to trades inside the upward channel, where it first declined to the support line, after which it rebounded and rose to the 39900 support level, which coincided with the buyer zone. Next, the price some time traded near this level, and soon broke it, after which BTC rebounded up to the next level in the channel. In a short time price broke the 41800 level too, after which it started to trades inside from range, thereby exiting of upward channel. In range, BTC some time traded near the support area, which coincided with the bottom part and 41800 level, and later rebounded from this zone to top part of range. After this movement, Bitcoin turned around and made a correction back to the support area, but it at once bounced and continued to trades near the support area. Now, I think that Bitcoin can rise a little more, after which the price make correction to support the area again. For this case, I set my target at the current support level - 41800. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
5