Semiconductors trying to reclaim 5-week sideways rangeKeep an eye on the semis here as they try and reclaim the lows of this 5 week sideways range. They didn't break down as hard as the major indices and the open gap from November is still very much in tact.
Overall, we're seeing some relative strength out of this higher beta group.
Retest
DXY TVC:DXY
English:DXY for me right now is at a point where I woulnd't enter yet. I would wait until it makes a clear move above or under the major level (104.00), wait for a retest and then enter when it gives me a clear candle.
Deutsch: DXY ist für mich gerade an einem Punkt, an dem ich noch nicht einsteigen würde. Ich würde warten, bis es eine klare Bewegung über oder unter das Hauptniveau (104,00) macht, auf einen erneuten Test warten und dann einsteigen, wenn es mir eine klare Kerze gibt.
EUR-GBP Local Rebound! Buy!
Hello,Traders!
EUR-GBP went down from the
Falling resistance and is
Volatile overall but the pair
Has retested a support level
From where a local rebound
Is already happening and I think
We will see a further move up
Buy!
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DXY Wedge Breakout! Buy!
Hello,Traders!
DXY was trading in a falling
Narrowing wedge but then
The index retested a horizontal
Support level from where we saw
A rebound, after which the price
Broke out of the falling wedge
So I think there is a good chance
To see a further move up
Buy!
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Reliance indsReliance inds looking good for tomorrow reliance breaked an trendline in 1 day time frame
retest pending in 1 day frame coming to the 15 min time frame breaked a 15 min trendline
and took support tomorrow price goes up and complete its retest at marked crucial level
and chance to reversal
Thank you NSE:RELIANCE
AUDUSD - Possible Long Position Please give me some feedback and let me know what you think.
Multi time frame Analysis
1D time frame price is in a Strong Uptrend giving a Long Bias
4H time frame price is trading in a Ascending Wedge and in a immediate Uptrend giving a Long Bias
1H time frame price is in a Uptrend respecting Trendline and 26EMA giving a Long Bias
Setup and Entry
Wait for price to retrace back to 0.50 - 0.168 Fib zone and bounce off 26EMA to go Long
SHORT TO LONG TO SHORT :) A nice example of connecting patterns on different sized candles
On the 4H candles we can observe a triangle, after breaking through which we started to form a falling wedge on a smaller timeframe (15m). While the wedge was broken, a lesser-known dragon pattern was formed (I'm just starting to study it .. thanks to @sylviasylvia .. ) whose last target is located on the retest of the triangle, where there should be a second chance to enter the short .. BINANCE:1INCHUSDT
✅APPLE POTENTIAL SHORT🔥
✅APPLE will be retesting a resistance level soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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✅CHF_JPY LONG FROM SUPPORT🚀
✅CHF_JPY is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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