Get started

Retest

USDJPY uptrend scalp to higher highThe daily closed bullish but with some buy exhaustion which led me to believe that there still some bullish momentum but not much. The 1H made a clear higher high and decided to hold at its lows but created some bullish reversal signals on top of support. The moving avergae plays as support as well. Upon the breach of a 30min correction trendline. I believe price is on its way back to test its high or create a new one. Afterall, this is an overall uptrend.
Long
by DesharedPierreJr.
1
BTC UPDATE! WAIT FOR A RETEST BEFORE GOING LONG!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to the new BTC update. The previous BTC update plays out perfectly. Do check it out, if you haven't yet (Link given below) Now, let's analyze what's the next possible scenario from here. As you see in the chart, BTC breaks out the falling wedge in a 12hr time frame and made a high of FWB:29K Lots of shorts getting REKT today. Now, it's time for a cool down for a while. I'm expecting it to retest the wedge ($26.6k-$27.2k) I'm not going to long anything here. Patiently waiting for the dip to go long again. After the successful retest, the target is FWB:31K -$32k Hope my content will help you in making better trade decisions. If you like the ideas then do not forget to smash the like button and follow for all the latest updates. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
2
EURUSD to make its 4H higher highI believe the daily momentum for this pair is still bullish. The 4H retraced to the 38.2% fib and presented a Volume bullish engulfing on top of a trendline . While I do believe the Euro is getting weaker, one more higher high or bullish push would make perfect sense considering the fact that its beneath a major resistance and had been rejected there prior. Its approaching an untested breakout zone while these daily candles aren't very strong.
Long
by DesharedPierreJr.
Virgin Galactic - SPCE outlook showing signs of strengthLooking a the SPCE chart from a birds eye view it shows the company is overdue for a run. For months it's been trading sideways. It almost looks like it's break out of an inverse head and shoulders pattern. Until recently a spike caused by bullish news sending the stock from around 4.04 to 6.50. On the run up it rejected the 6.50 price and came back mid day to the 4.50 level. The Fixed range volume profile showed from 4.04 to 6.50 on the initial the point of control was shifted to 6.50 where most volume was traded at the top. It showed a new level of support based on the visible range volume profile after it was rejected in the 4.81 - 4.63 range which to me was a buy zone. Even if it drops a little bit im okay with the risk to reward ratio with calls out to July 7th. I wanted to get in it but I wasn't going to buy in at the top. The visible range volume profile showed me that most the volume came from these price levels. The fixed So I took the trade and look for a momentum run up in anticipation of the commercial flight between june 27th and june 30th. The blue horizontal lines represent my take profit levels with the first retesting the 6.50 level. If price moves agressive I'm looking for it to close gaps from the prior months. The closer to launch date I can see it running up because people don't want to miss the run and a lot of buying pressure should be coming in up to these dates. Not to mention there's another flight shortly after in July I believe if there are no delays. We will see how this plays out. My calls don't expire until July 7th after the first flight if there are no delays. Thanks for taking the time out to read this. Trade responsible, Jay #TradeTheWave
NYSE:SPCELong
by FinesseTheWave
BTC - Trio Retest 3️⃣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. I find the daily chart for BTC to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST Here is why the purple circle is a strong zone to keep an eye on: 1 => Overall Trend BTC has been bullish medium-term trading inside the rising broadening wedge in blue and now approaching the lower blue bound / trendline acting as a non-horizontal support. 2 => Demand Zone The green zone is a previous resistance turned into support and a Demand Zone. 3 => Oversold Zone BTC is bearish short-term trading inside the falling channel in orange and now approaching the lower orange trendline which I consider an oversold zone. As per my trading style: As BTC is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break, and so on...) 📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques. All Strategies Are Good; If Managed Properly! ~Richard Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
by TheSignalyst
27
BTC UPDATE! BUYING HERE WITH AN EASY INVALIDATION!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. After Powell's hawkish comment on the Fed Interest rate, BTC plummets below the FWB:25K level. As you see in the chart, this looks like a proper retest. After breaking out from the head and shoulder pattern in the higher time frame, currently it is retesting the neckline. If the price holds above this neckline then we might see the start of a new rally from here. Invalidation:- If this 2-D candle closes below this neckline ($24.8k) then this chart becomes invalidated. What do you think about this? Do you think that price holds here or do you think that it dumps more? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
Gold to retest its lows, reversal potentiallyGold has taken over 7 days to decline back to its lower low. I don't believe that price is prepared to push lower. I will await a re-test of the lows to indicate whether I will go long on gold at the bottom of its consolidation range. As long as price continues to decline with these indecision candles I'm under the impression that it will suddenly become bullish after a reversal candlestick retest at the low of 4H bullish engulfing confirmed.
OANDA:XAUUSDLong
by DesharedPierreJr.
USDJPY rejected at 4H Lower HighI decided to short UJ here as the 4H shooting star at a re-tested area was a bearish enough signal for me to go short. Price has been making Lower Highs on 4H and daily chart. The bullish candles have been forming with a lot of indecision. This entry was taken based on the 4H close, as well as the 1H presenting a strong evening star at a Evening star re-test. My entry was upon a bearish 15min engulfing at a potential high/re-test of resistance. My stop loss is just Above the high of the shooting star. My target is the next daily Lower Low.
Short
by DesharedPierreJr.
2