A possible EURUSD trend reversal Yesterday we saw a momentum move in the EURUSD, which broke above the previous high of 1.0645.
Thus, we have higher bottoms and higher tops of H1.
All sales should be closed and we are looking at buying opportunities.
The reversal has not yet been confirmed and there is no need to rush into new trades.
There will be suitable opportunities during a correction or after a break and test of 1.0700.
Reversal
USDJPY - In for a short term correctionDollar is loosing steam this week after the huge push up we've seen recently,
Here we can see an ascending pennant, a textbook favorite, that is breaking down with a strong H2 engulfing making it look like it could go back to support
It's a counter trend trade, so we have to be carefull, and expect less
The ascending pennant is a reversal pattern when it breaks, so, price might want to go get some suport, in this case, it could be :
- A fib level
- the longer term trendline (the green one)
- the 135.00 psychological level
Let's see what the market will do with my coins!!
Cheers everyone and trade safe!!!
NZDCHF 2H, Long Opportunity with Bullish Price ActionPrice action has been shaping up for another push upwards as we see price was moving correctively In a falling wedge structure which we know is a reversal structure in nature.
Price made a double double which impulsively broke upward forming a continuation correction which we should see further growth on NZD.
Find a entry that meets your trading plan.
Thanks
Trade Safe
ADA's bullish tripHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are going to buy ADA from the key reversal area. I expect at least 2.5% from the key reversal area, and we will take all the profit after the +5.45% move.
ADA Buy limit 0.3598
Stoploss 0.3532(-1.81%)
Target 1, 0.3691(+2.56%)
Final Target 0.3794(+5.45%)
Don't forget to hit the like button and follow to stay connected.
Could the USDCAD reverse?The USDCAD shot up, touched the 1.3665 (bottom of the resistance area), and formed an h4 pinbar, signaling a rejection of the resistance area.
The question now is, will the USDCAD break the upward trendline to signal a reversal? This could see the price trade down to the 1.3450 (round number level) and 1.3470 price level (50% Fibonacci retracement level) support area.
Buy the dipHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are going to BUY BTC from the key reversal area and I am expecting at least a 5% rise. If it breaks the 24215 Key area then it can move up to +15%.
BTC 22734 Buy Limit
Stoploss 22179(-2.43%)
Target 1, 23852(+4.9%)
Final Target 25171(+10.78%)
Don't forget to hit the like button and follow to stay connected.
GOLD - Shift In Momentum In Action! 🥇Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
GOLD is approaching a support zone and round number 1800. So we will be looking for buy setups on lower timeframes.
on H4: Right Chart
XAUUSD is bearish from a short-term perspective trading inside the falling red channel.
🏹 Trigger => for the bulls to take over, we need a new swing high to form around the upper red trendline and then a break above it.
Meanwhile, until the buy is activated, GOLD can still trade lower till the 1800 support or even break it downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Reversal on NZDUSD?The NZDUSD found the 0.6190 price area on Friday and as the price rebounded from the support level, this formed a Bullish Divergence (the price formed a lower low, while the MACD formed a higher low).
Looking at the 0.64 price area as a possible target level for the reversal.
With the RBNZ interest rate decision due in the week ahead, this could provide an additional driver to the reversal.
accumulation toward potential daily bounceaccording to this swing level strategy we are coming off an oversold level but arent yet bullishly diverged. this is one way a daily bounce could happen. i drew wave cycles that match up how trend level zones could complete the dynamic rane oscillator. i would be long if we reach an oversold divergence in the support zone or if a reversal happens on a low 15 minute in the current price area. i would trade breakouts of a higher low multitimeframe long up to the daily, and i would also trade a bearish continuation pattern short on the weekly.
Natural Gas prints an RSI bullish divergence As you can see in the chart, natural gas had a big downside movement for the last months. Now It looks like the bottom is printed so I will consider entering a long here with targets 3.11$ and 4.69$ .
You can see apart from the Bullish Divergence that It is starting to show a lot of strength, you can observe a gap-up between 2.314$ and 2.415$.
For the buy setup I will enter now and set an stop loss order under the gap. If the position goes well, I will keep locking profits manually trailing the stop under key areas.
Don't forget to share your thoughts on the comments and happy emotionless trading.
XAG/USD (IS IT SMART TO BUY SILVER?)OANDA:XAGUSD
HI , TRADER'S ..As you can see Silver is trading in Falling wedge
Falling Wedge is a bearish reversal pattern
Market is making lower low's , breakout of wedge will make silver bullish
Entry Level for buy is near , Next week market can retest 20.50 ema
❤️Please, support my work with follow ,share and like, thank you!❤️
UJ Looking for bearish movement to the downside 02/27/23$USDJPY After News on 2/24/23 and After Top-Down analysis i'm looking for price to move to the downside on 2/27/23 for a short correction.
This is not trading advice or a signal!
The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
EU Looking to move to the upsideAfter News on 2/24/23 and After Top-Down analysis i'm looking for EU to move to the upside on 2/27/23
This is not trading advice or a signal!
The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
BTC's bulls are ready to break wallHello Traders!
Welcome back to another post with analyst Aadil1000x.
In the previous post, the chart was not complicated as today's charts. In this chart, we can see this consolidation phase is a set of many patterns and after deep focus and a close view, I have connected all patterns and now we are ready to play with the market.
Now we have a key reversal area at 24215 and there is a minor confusion about the move from this area. Most probably the move will be bullish but there is still a chance that it can dip from this area. We are not here to predict and gamble but to take action after a good reaction.
We will wait and see the reaction before taking action at the key reversal area.
Don't forget to hit the like button and follow to stay connected.