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Reversalpoint

GBPNZD | New PerspectiveSince the beginning of the day, we have witnessed a bearish move for the Pound as the price broke down the key level at 1.927 which is followed by multiple rejections of this level. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
EURCAD Intraday Long Opportunity Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use. ***EURCAD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
EOSUSDT time for the reversal?The price created a huge descending channel on the daily timeframe and retest the daily resistance on 1.8$ and created a triple bottom on it. On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one. How to approach? The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$. IF the price is going to satisfy our rules, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
4
BTC-IN THE MIDDLE OF THE RANGE !WEEKLY (W1) Upcoming weekly closing level would be very important to look at, as it will either VALIDATE or INVALIDATE the upside BREAKOUT OF THE TOP OF THE WEEKLY CLOUDS RESISTANCE AREA @ 47'407 !!! The Mid Bollinger Band (MBB) @ 44'555, briefly broken yesterday, worked perfectly well as the support level in this weekly time frame DAILY (D1) Nice recovery seen yesterday ! indeed, after having briefly broken an important support level (see my last analysis below), the BITCOIN managed to reverse, confirming, for the time being the PULLBACK I have been talking about and which for the time being let the TRIANGLE PATTERN ALIVE for a technical target of 57'620 ! Nevertheless, as long as the former high @ 48'234 is not broken on a DAILY CLOSING BASIS, the downside pressure remains... The TENKAN-SEN @ 45'925 should be seen, now as the first support in this daily picture and if you look back, so far has worked perfectly well as LEADING SUPPORT INDICATOR. A daily closing below this level should not be underestimated as that should be seen as the first warning signal for a TREND REVERSAL which should be confirmed by the breakout of the ongoing uptrend support level, currently @ 45'245. PIVOT LEVELS DAILY TIME FRAME : 1) ON THE DOWNSIDE @ 42'900 (KIJUN-SEN) 2) ON THE UPIDE @ 48'234 (FORMER HIGH) BREAKOUT IMPLICATIONS OF ONE OR THE OTHER PIVOT LEVEL : 1) ON THE DOWNSIDE 41'642 (61.8% Fibonacci retracement of the 37'567-48'234 rally) ahead of the psychological 40'000 support level which also coincides with the daily clouds support area. 2) ON THE UPSIDE, psychological 50'000 resistance level ahead of 50'975 (WEEKLY KIJUN-SEN !!!). A crossover this level would confirm further upside towards the TRIANGLE TARGET @ 57'620 4 HOURS (H4) The CLOUDS hold and rejected yesterday the downside breakout attempt; the strong recovery which followed with along white bullish candle 44'734 - 46'739 in 4 hours) crossed over strongly the former ongoing uptrend support line which had been changed to a new resistance level. The BITCOIN is currently traded around the Mid Bollinger Band @ 46'492 and the upcoming H4 closing level may give more clues for further intraday development. On the downside, watch the CLOUDS and the TENKAN-SEN @ 45'731 1 HOUR (H1) Despite a RSI convergence detected at the bottom level (44'244) the BITCOIN managed to recover... and this short term recovery has been validated by firstly the upside breakout of the Tenkan-Sen, the MBB and the KS. Currently above the hourly clouds but already below the Tenkan-Sen (46'661) Watch closely this hourly price action and also shorter intraday time frames to get more clues for further development on both sides !!! Mid Bollinger Band @ 46'140 is the next support level ahead the hourly clouds support area, currently between 46'000and 45'500 Do you like my analysis and do you think it bring you some added value ? If YES, do not forget to like it and for those who do not follow me yet, please do not forget either to add IRONMAN8848 to your following list. For those who do not have access yet to TRADING VIEW (the BEST CHARTING APPLICATION available at the moment - several plan, starting from free of charge with the possibility, against payment to upgrade the basis version - Trust me it is a VERY POWERFUL TOOL :-) Are you interested ? Very simple, sign up : www.tradingview.com Have a look at my Trading View profile to get the link to my private analysis. Have a nice weekend, take care and all the best Many thanks for your support IRONMAN8848 & Jean-Pierre Burki
BITSTAMP:BTCUSD
by Ironman8848
NQ Power Range Report with FIB Ext - 3/29/2022 SessionCME_MINI:NQM2022 - PR High: 14983.50 - PR Low: 14964.50 Evening Stats (As of 12:30 AM) - Gap: = N/A - Session Open ATR: 395.50 - Volume: 14k - Open Int: 221k - Trend Grade: Neutral - From ATH: -10.50% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 13500 - Short: 12390 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQM2022
by mv3trader5
GBPNZD UPDATE Welcome back! Here's an analysis of this pair! ** Just a quick update on GBPNZD - it rejected at previous monthly highs (2.0050-70) where we expected selling pressure to come in, however we may see the price come back up during NY Session. We recommend not risking more than 2% of your entire account balance and use your risk wisely. Banks may push the price to take out liquidity and turn it around. You'll notice the high from June 21, 2001 which was due to an economic event, but we doubt the market will re-test this far up. Only risk what you can afford to lose! Big sell coming soon (in our opinion). How are you trading GBPNZD? Let us know in the comments! COMMENT, LIKE, and FOLLOW for more! :) Brian & Kenya Horton, BK Forex Academy GBPNZD previous analysis www.tradingview.com
by BKTradingAcademy
2
BTCUSD True reversal point 41000Hello traders! The market is sliding slowly and the reason that market is dropping is that there was a true reversal point at 43700 and the market was supposed to hit 43700 perfectly and move back but it didn't happen and on 4th dec market broke true reversal point and moved to 42000 so now market will try its best to hit and run exactly from 41000 true reversal point. These true reversal points are not the support and resistance but these are the true reversal points means it should be pinpoint and it is derived from some top class strategies. I am leaving some examples below to see the accuracy. Example 1 Example 2 Example 3(check reverse from 39600 reversal point)
Short
by Aadil1000x
7
GBPNZD Bounce from Monthly HighsWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** GBPNZD is strongly bullish, however, it's approaching previous monthly highs from July and August 2021. Massive selling pressure appeared from the level taking the price from 2.0000 zone to support at 9813. We expect a bounce from the previous monthly highs to first target of previous key support at 9820 area, and second target 9700 zone. If you use our popular B-Swing Strategy, simply follow the entry criteria rules and use strategic risk management. Pip pip HOORAYYYY! :) Keep this pair on your watchlist and enter when the entry criteria of your strategy is met. COMMENT, LIKE, AND FOLLOW for more! Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
4
AUD/JPY Hey guys, sorry i have been inactive over the last few weeks have had to look into my trading and see where i was messing up. It seems to me that I'm abit to eager for trades and need to take more to for conformation on my setups. But I did short the us100 until Friday where I closed and put my taking straight into this trade. we have a Range the AUD is trading in with a clear strong support and resistance with the FIb retracement tool also backing these lines. On the hourly timeframe we had a massive and strong bullish divergence on the RSI Between the 26/11 to the to the 4/12 with a engulfing bullish candle to confirm the reversal to the upside off support. I Bought Citi warrants and with my 3% target will profit 30% this trade should be done in a few days given the momentum off the support.
Long
by jackwheeler
EURAUD long just alerted 🔔POW reversal strategy in use here for this trade. A EURAUD long which has just alerted. Trade details for current trade are shown on the chart. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also for reference. As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency. The report box tabs when pressed it shows all you need to know about the strategy performance. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Long
by pow_removetheguesswork
2
EURNZD short ongoing 📉👇My second share of the week is a EURNZD short trade. Once again POW reversal script is being used for this strategy. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous four trades can be seen on chart also. This strategy is looking to make it 7 out of 7 trades. All the trade history and strategy performance can be found in the report box below. The report box tabs when pressed show all the details of trades taken and logged. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
NZDUSD short moving quickly 🌪️Using the POW reversal strategy on this pair. Trade details can be found on the chart. We are working the 20M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart and last one was covered yesterday in an idea. As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency. The report box tabs when pressed show all you need to know about the strategy performance. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
AUDCAD sell has alerted 🔔📳POW reversal strategy in use here for this trade. Trade has just alerted and details are on the chart. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trade can be seen on chart also. As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency. The report box tabs when pressed show all you need to know about the strategy performance. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
EURCHF short running 🩳🏃🏼POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also including one loser and one winner. As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency. The report box tabs when pressed it shows all you need to know about the strategy performance. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
EURGBP short moving along 📉POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart a long which found TP. Lets see if this one can continue down to target. Trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
Correlated assets, Great impact. Here ladies and gentleman we have the US dollar and GLD futures. In DXY we are currently in a nice little wedge and already breaking to the downside. Below are 2 highlighted supports that I'm seeing that could potentially be reversal points since the dollar has been in the upside since May. We all know what this means for equities:) In gold we are looking at a bearish descending triangle with a little bit more push to the upside of about 3% or so before resuming to the downside. Personally I think for the dollar to reverse to support 2 that gold would go higher and push out to the upside of the triangle. time will tell, That's all folks
TVC:DXY
by moonman777
2