Range
Destination Sideways? No problemo ✌️😃😸🤟CPI was out so finally we had some volatility but as explained before, destination is SIDEWAYS...
Take a look at the last time, went sideways for weeks/months. Ina similar manner we expect sideways for days/weeks now again:
Summer is almost here, time to enjoy life a bit more and get the right tools to make the best out of these conditions.
When the market is in the range, like it is now, one need to be aware and able to adopt.
Enjoy life and remember:
ONE LOVE,
The FXPROFESSOR
EURUSD before ECBToday, the interest rate decision from ECB is coming out. It doesn't always causes big moves but in case of any changes in the politics, it could.
Right now, it looks like the upside move can not continue and we prefer not to trade it.
First, we need to see clear direction and then we can eventually look for entries.
That means, we want to see a nice breakout of resistance, so we can buy or rejection followed by drop, so we can sell.
Triangle vs RangeJust looking at the current BTCSDT pair and in mind, thinking about price "breakout" traders. Fine line between a trading range and a triangle. Take care.
XAUUSD LONG There is a decrease in the sellers' momentum and the buyers control the price now in a range. If we get a clear break of the range, we can buy
$BTC - Weekly Volatility flattening It looks like the volatility lines are flattening - To me there is a very good probability that we will come retest the $35k area sooner or later. If we don't go past this resistance level, thing will get bloody.
GBPUSD ShortOANDA:GBPUSD
GBPUSD testing a resistance level and forming a bearish engulfing candle for a bearish setup
Iota What to expect on Relief rally?IOTA is ranging just below its crucial resistance at $0.38.
If breaks, it's possible to see a (30 - 50)% surge - It depends on the general market conditions.
Max recover during the relief rally is at $0.57.
GBONZD SHORT There is an increase in selling momentum and the price is in a range I expect the price to fall to break the last bottom
NZDCAD SHORT The strength of the buyers decreased and the sellers dominated, there is a range that was broken, I expect the price to fall to the next support level
EURCHF LONG There is a lack of sellers' momentum for the last wave, I have a range that was broken and the major trend is to the upside. I expect to see a rise to the next resistance level.
BITCOIN UPDATESince my previous update BTC failed to make a second HH from a daily perspective and instead rejected the supply of the channel aggressively.
Now price has formed a macro M formation and broke below the important midline support, which will now act as resistance. I think there is a good probability now the price will come all the way back down to the lower range of the accumulation channel.
We are monitoring PA on the LTF for rejection at the identified supply zone for potential entries to short.
ENVX primed to regain lost ground Li-ion battery manufacturer and developer NASDAQ:ENVX looks poised to continue pressing higher in the months ahead after pushing back above the 55-day EMA and the $10 handle
RSI pressing to its highest levels this year suggest that a rather bullish move higher could be at hand. The last time RSI soared like this was during the stock's rise to record highs between September and November of last year
NZDUSD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for NZDUSD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin to decide a direction SOON!Ahh the classic "It's either going to go up or down"
At this point I'm quite fine with either direction BTC decides to take. If we drop lower I'll DCA more, if we pump and bottom out I will still DCA more.
Lower prices give longer term opportunity for investors and short term shorts for traders, higher prices now would just mean a more exciting summer imo.
Nobody knows the direction for sure, all we can do is map out levels and TA on the chart and play it day by day, with a plan A and B.
Still in this range until further notice from Bitcoin, this coming week should have a decisive direction.
Happy Sunday folks!
V
$BTCUSD 1D_tkcross_rangeBitcoin remains range-bound. Distribution. Ichimoku, tkcross is signaling long, short term.
As for downside, 28000.00 is the next bear fractal.
Set targets, stops, alerts and call limit order for the week.
spot/call/limit: 30192.08
tp_01: 32383.96
tp_02: 34322.00
stop: 28605.00
never margin trade. Go well.
JAMSTUSDT LONG There is an important support area and there is an assembly process below the area. You can buy when a candle closes above the support area. A large price movement often occurs to the top.
✅EUR_CHF MOVE DOWN AHEAD|SHORT🔥
✅EUR_CHF is set to retest a
Strong resistance level above
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
TCS LONG There is an increase in the buyers’ momentum and the price is now in a range and there is a completed correction pattern. I expect the price to rise and break the top
AUDNZD LONG There is an increase in the buyers’ momentum and the price is moving in a range and there is a false break of the range. I expect the price to test the buyers’ area and rise to the level 1.27 fibo
