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Resistance_level

#GBPJPY near 4h timeframe resistive area one againlook where price is one more time at an area where rejected clearly twice before plus it's a structural point too ( it use to be support but changed to resistance ) if you look at the left side of the chart. this cluster of resistance add to the importance of the area. But the thing is matter most is not to rush into a trade as we have CPI news today and depends on what the numbers going to be it can cause price to break the resistance to the upside or to reject from. If you want to have more comprehensive idea about what to expect of news are going to be released today and tomorrow I would recommend you to read the idea linked to this article. But in summery, if CPI comes out equal or lower the prediction it would be good JPY and we can expect the downside move from GBPJPY .
Short
by mohemati
The Resistance Hit 4th Time - SPX500 Saw the red line! It is now hit the 4th time by the market. Although oil has come down from 130 to 80 USD per barrel giving some relief to the oil-dependent economies and inflation is also in a downtrend, the problem is worse and deeper. This alarming deeper problem is US debt which is now 137% of the GDP. Imagine it was hardly 67% in 2008 during the financial crunch. If things were good, why did this debt rise to 137%. Debt is good for industries till it remains fuel for growth. But when it becomes fuel for existing debt it is really problematic.
SP:SPXLong
by starringinvestors
#CHFJPY possible short opportunitySince JPY index shown potential upside move and already break above a bearish Daily channel as well as forming a reverse Head & Shoulder formation it gave us the idea of to be looking for a shorting opportunity on different JPY pairs like CHFJPY. If JPY index keep going up to reach its one to one Head & Shoulder target projection then we can expect any upside rally on different JPY pairs can lead to another drop. With all this being said now if you take a look at CHFJPY chart you can see price formed a bearish impulsive move and as a result of that move formed a new low. since then price been correcting that down side move and now it reached the static resistance area which you can call it structural point too and also 61.8% of Fibonacci level and 1H EMA. which all together can give us a resistive cluster. moreover, price also did reject from the area just recently and formed two bearish 1H candles, which shows that sellers are there. but in order for us to be able to sell we need another bullish move in lower time frame. but unable to goes above the recent top and 1H EMA or at least wont close above it.
Short
by mohemati
1
#AUDJPY sell opportunityPrice clear bearish structure in 1H timeframe, price shows reaction to structural point ( previously acting as a support but now its acting as a resistance area ). Now for a short position we need price to comes up one more time and reject from the area and forming a kind of toping formation like double top which is possible in lower timeframe to be able to sell. Also price taking out liquidity from above the arrow but failing to close above them is another great signal to take a sell position on this pair.
Short
by mohemati
1
Death Trap Consolidation for #btcWe have seen a steady consolidation and an internal Resistance recently tested, a bearish Engulfing has been identified, which I usually expect at key area, however I am currently seeing a minor consolidation and the break out of the consolidation with a good momentum will determine if selling is still valid. On the Flips Side; if the high of the Bearish Engulfing at the Key area currently is invalidated/liquidated, I will be expecting a retest to reclaim the resistance turn support and a continuation to the RESISTANCE above.
BITSTAMP:BTCUSD
by MII1502
AUDUSDAUDUSD has made a fakeout above the resistance zone but soon it turned back bouncing from the bearish trendline pointed out by the red arrow in circle. So, I am fan of the idea that it will retrace approximately to 0.5 Fibonacci level of the recently uptrend and give a good buy opportunity. Otherwise, in case of a visit to the the resitance area there is the possibility to breakout this time - retest and continue higher. Bearish if it breaks with strong bearish candle the 0.618 Fib area but with limited power. GL!
Long
by The_Forex_Path
BNB / USDT 1D INTERVAL, Support and ResistanceI invite you to the BNB chart, just like its predecessors, on a 1-day interval. As we can see, the BNB price is moving in a triangle marked with blue lines. At the beginning, it is worth checking what support BNB has on its way when the price of the token starts to fall again and so we see that in the first place we have a strong resistance zone that starts at $ 276 and ends around $ 261, this is an important zone that already previously held the price. Now let's move on to the resistance line, as you can see the first resistance that the price has to face is $293, only when we manage to overcome it upwards we can move towards the next resistances at $313, the next at $329 and $346. Let's now pay attention to the CHOP index, where you can see that the energy is growing very slowly, while the MACD indicator on the one-day interval indicates a downward trend.
by cryptodailyuk
eur/jpy is involved in the support area of the daily time frame We have two scenarios ahead Weakness on the rise and fall to the next support level Weakness in the fall and failure to break the support level and rise to the next resistance To move in the direction of each of these scenarios, we must be patient until the daily candle closes Because this support is the daily time frame support In your opinion, which scenario is more likely to happen? In your opinion, which scenario is more likely to happen? In your opinion, which scenario is more likely to happen?
by aligheysari73
BRK.B: Resistance cluster ahead!Berkshire Hathaway B Intraday - We look to Sell at 311.03 (stop at 321.83) Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 311.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Our profit targets will be 283.95 and 270.00 Resistance: 311.00 / 340.00 / 360.00 Support: 280.00 / 260.00 / 240.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:BRK.BShort
by VantageMarkets