✅GBP_AUD LOCAL SHORT🔥
✅GBP_AUD is going up now
But a strong resistance level is ahead
Thus I am expecting a pullback
And a move down towards the target
SHORT🔥
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Range
Bitcoin 4H range. My thoughtsBitcoin has been consolidating inside of a range since the beginning of 2022. This range is showing obvious signs of a distribution phase (manipulated highs/higher highs).
Right now it seems like there are equal lows at around 37k ready to be wiped for liquidity. There is also a daily supply zone at 46-48k which I think price is very likely to tap for one more higher high before topping out and moving lower. Now whether 37k gets manipulated first or 46-48k I have no clue tbh but it makes more sense for it to move up to the daily supply before going down to tap the lows at 36k and later 30k. So if I had to choose, money is on 46-48k first then 37k. Now do with that information as you will, and as always, gl traders!
NOT FINANCIAL ADVICE!
EURUSD trying to breakout againEURUSD keeps trading inside of a range and it reminds us of December, 2021 when we saw price trading sideways in a 100 pips move.
After yesterday's moves, now we expect a breakout. It's still more likely to see a downside continuation but this is not the main pair that we trade.
The important level right now is 1,0577 but we should also keep our stops above 1,0640.
A breakout of 1,0480 would confirm the idea of a downside continuation.
EURO-HORIZ trading range.last bearflag?Hello everyone
As we see New York markets struggle in the past couple of days,many down fall of prices in the different markets are noticeable,however in EURUSD we can't see that much change.
Now the price is in a horizontal trading range with long shadowed bars ,after a trend line break, late in a bear market;I don't know about you but this screams final bear flag to me.In situations of such,I expect to see a reasonable down trend in lower time frames after a retest of a moving average ( 20 maybe) and a lower low major trend reversal which can create good reasonable buy setup for swing trades.
For now. the price might stay in trading range for the rest of this week ( good for scalpers) so our support level of 1.05$ will stay unbroken until next week and the price will stay in this channel.
EURUSD: The Range Trap 🐻The more I study this chart the more I see the potential for buys to liquidate sell-side liquidity.
Using logic, it would seem that buy-side liquidity has already been swept and any trapped sellers that got caught on the breakout have been given an opportunity to close out of negative positions to join the correct side of the market (Hopefully Buys)
With this theory, we could assume that this fresh demand will be the zone to give buyers strength to push for that sell-side liquidity.
If the price respects this demand throughout London, I will consider buying into the weak supply, updates to follow.
Give this post a thumbs up if you like my breakdown! 🔥
EURUSD remains without any changes The range on EURUSD continues and we're still expecting a downside continuation.
Today we have news for the USD and that could cause a breakout of that sideways move.
Stops must be above 1,0641 and in case price breaks out of 1,0484 then we would look for 1,0400 and 1,0350 next.
SELLS ON EURUSDEURUSD is the most traded currency pair but also a quite difficult one to trade.
It's like that because it usually stays in a range for a long time without presenting any trading opportunities.
We're still looking to sell and our best shot would be in case of price rejecting 1,0600.
Stops are still above 1,0642 and our target at 1,0400.
BTCUSD Long BTC sits at $30,000 as we wait to see a pullback at this critical level. I expect bitcoin to begin a accumulation stage by trading in a range just as previous price action has done before a big run up. Wait and see to where the market wants us to go.
ETH/USDAs we can see price is working between a range but their is also a trend line support. So trade cautiously.
GMT more range 💡Based on the chart, the price has been stuck in the channel for a while ✔️
we
expect to see more range for the price before more gain 💡✔️
and if
we lose the channel support, we will see brief correction to the downside ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
EURO - Continuation as bear flag!!Hello everyone
As we have seen a great loss of support level 1.078$ and 1.06$ on EURUSD, now we have the support level 1.05$ which leave us with possible outcomes of:
- Continuation of the wedge that can be seen in 4 hours chart as bear flag which is more likely because of the last daily bar with the shadow almost as long as the body and the context of bear market on daily chart. This will lead to fall of the EURUSD to lower channel with the support level of 1.035$ which the price last seen on Dec 2016 & Jan 2017.
- Or we can have the price continues in the channel between 1.06$ and 1.05$ for the whole week and wait for a reversal pattern.
The war in Europe also can be a factor in our bear trend.
EURGBP Buy IdeaW1 - Price is bouncing higher from a strong support zone.
Bullish divergence.
H4 - Bullish trend pattern.
Currently it looks like a flat correction is happening.
Until the key support zone holds my view remains bullish here.
A valid breakout above the top of the range would be the validation for this bullish view.
EURGBPEURGBP
WAVE ANALYSIS
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SUPPORT AND RESSISTANCE
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long
range
break out
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BTC/USDT : Two possibilities to Short the movement!BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Recently we called a Short position on $40350 and it turns out with a great result!
Now $BTC has pulled back from the Range's Low And it has reached the Range's mid.
Based on our data, The First Short position has come with an opportunity to take at Range's mid with an SL above our last rejection line at $40320.
And the Second opportunity will be created if we get the closings below $38100.
Then you can locate your Short with an active SL above Range's mid at $39200. ( Active means that we need those candles close to triggers our SL )
The last word, If we get caught on SL, Then I'll be looking for possible Long above Range's high.
Also, there'll be another Short Possibility at Range's High.
That's why I didn't mention further information...
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
