Retest
USD-JPY Short From Resistance! Sell!
Hello,Traders!
USD-JPY went up after the
Breakout of the falling
Resistance just as I predicted
And is now about to retest
The horizontal resistance
From where a bearish
Correction is likely to happen
Sell!
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BTC QUICK UPDATE!!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 the CPI data, BTC quickly pumps above the $22k zone from the important support level of $21.5k level. So what's next?
BTC is forming a falling wedge-like structure in 4hr time frame which is generally a bullish pattern. Currently, it is trading near the upper trendline of the wedge. We need to break and close above this wedge for a bullish breakout. Once it breaks above the wedge we can expect more pump up to $24k from here.
In case of rejection, we might see another retest of the $21.5k level and expect a pump from there.
So the plan is really simple here. Either wait for a breakout or wait for some dip up to the $21.5k level.
Invalidation of this bullish scenario if we get a 4hr close below the $21.3k level.
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EURAUD Short Opportunity - FEBRUARY RECAPWas late on this setup and entry was off by 10 pips. Nevertheless great setup - a lot of downward momentum !
Price broke support, RT and found exhaustion - bearish momentum engulfing candle showing sellers strengths.
Had to adjust my TP zone but will monitor P.A - already BE on trade.
US Government Bonds 10YR Yield LONGUS Government Bonds 10YR Yield. Time-frame = 1 month. In 2005-2007 (red circle) - a double top was built (determined automatically by my script) from which the downward movement began for further accumulation. 2009-2019 (green rectangle) - long-term accumulation (balance). 2019-2022 (blue circle) - responsive activity (long entry by key players). 2022-2023 long to the upper limit of the balance. The last 3 months - a retest to one of the key balance levels. 2023 - expect further upward movement towards the 5.000% area (towards the upper border of the double top)
ETH SHOULD RETEST THE $1250-$1350 ZONE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH breaks down the rising channel in the daily time frame and currently trading around the $1500 level. It also forms a big symmetrical triangle which is not retested yet. For another potential rally in ETH, we just need to retest this triangle. We also have an important support level of $1250-$1350 at the triangle retest area.
What do you think about this? Let me know in the comment section.
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ETHEREUM Risky Long! Buy!
Hello,Traders!
ETHEREUM fell sharply
From the recent highs
Which is a natural correction
As the coin was clearly
Overbought short term
But now the price has
Retested the horizontal
Support level from where
We are likely to see a rebound
Buy!
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XAUUSD Bear flagHello Traders!
Welcome back to another post with analyst Aadil1000x.
The next step that I am expecting from gold is Bullish. The pattern we see is called a bearish flag because they were taught that this is formed to drop the market.
We are not changing its name but we will trade the A1000x way of trading and will buy the gold after the breakout. There is also a possibility that it will move up without breaking recent lows.
It is aiming to touch the broken trendline which is starting from the bottom of the 'J' pattern. After completing this wave it will form a new pattern so that it can decide the next move.
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EURGBP - SHORT IDEA! BREAKOUT THEN RETEST!ok, hi traders! we're coming to a 4H support level on our 4H chart, however on the daily it's currently bearish and making it's way down towards that crucial daily support area/touching the trendline.
as you can see on my chart, i'm looking for that breakout + retest confirmation before any sells! the target I am looking to reach is a very strong 4H/DAILY zone that I would love to see A counter reversal!
all we can do is let's see what the wave shall be and let's surf it! good luck traders! manage risk accordingly!
thank you, comment and share knowledge with me!
USD-JPY Local Long! Buy!
Hello,Traders!
USD-JPY broke the resistance
Cluster of the strong falling
And horizontal resistance levels
And then came down to
Retest the new demand area
From where we are already seeing
A local move up and I think
The pair will go higher
To retest the target
Buy!
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EUR-GBP Long After Retest! Buy!
Hello,Traders!
EUR-GBP is trading in an
Uptrend and the pair broke
The key level and went up
But is now about to retest
The horizontal support
And as we are bullish biased
I think we will see a
Local rebound
Buy!
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