GER30 return bullish? This is very interesting sight.. see those broken structures.. which are supply zone.
In order for Dax to stay in bullish it has to break the resistance zone from that bearish trend line.. once it breaks then we will see a beautiful bullish breakout going sideways.
If it doesn’t break then the bearish reversal might or not happen.. because of heating going on at Europe of Russia using nuclear weapons.
Anyhow Becareful and trade carefully watch any reversals happens .. we all should still see bulls to take control
Sidewaysmovement
Bitcoin accumulation?This is my view of Btc over the next quarter.
I believe if this move is to become true, it drain many alts of their value as the market will choose stable coins Bitcoin, and just plain cold hard cash as the places to hold the most value. There really isn't any new money coming in probably until taxes are paid out for the most part.
Trade well and BTFD.
AUDUSD Sideways / Ranging M30AUDUSD Sideways / Ranging will be clearly visible on the M30 timeframe, Starting from March 31, You can enter the demand area (when this idea was created) or enter supply with a CONFIRMATION note, Don't try to enter without confirmation, because maybe the price will trying to penetrate Supply / Demand, the direction of price movement will remain the same, namely down when it touches supply, and vice versa.
For CONFIRMATION, this time I use the EMA 25 ( EMA 25 timeframe M30) when the price crosses/breaks the EMA with a stop loss at the previous Swing Low
Pay attention to your risk/reward when you enter
I suggest R/R Minimum 1:1.5
i do not guarantee anything, i only share my analysis
Do your own research!
KSM what next?KSM is trading sideways between $145 and $115 just below key resistance $150.
Due to Russia – Ukraine war entire market is in defense.
To continue its uptrend KSM needs to flip $150 resistance.
Every move above $150 is bullish and every move below $100 is bearish.
As long as, KSM is ranging in this area it is not recommended to open neither short or long position, wait for the breakout or breakdown.
If the situation (war or something else) worsens, price may reach $60 or even $46.5. In this scenario, I think this will be the bottom.
In a bullish scenario, we may see $500 – 600 or even a new high near $956.
Be careful with your money, no one knows what will happen next in the world.
Trading a probability game.
Not financial advice. Always do your own research.
BTC- 1 HOUR - SIDEWAYS PRICE ACTION...Today, we are going to look at the hourly time frame which is showing a sideways price action between the former high @ 45'<37 and the bottom of the hourly clouds support zone, currently @ 43'900.
RSi above 50, @ 54.58.
LAGGING LINE is looking tired, also moving in a sideways mode.
Currently below the Tenkan-Sen (44'765) and still slightly above both KIjun-Sen and Mid Bollinger Band (44'555).
As already mentioned in my yesterday's analysis (see related ideas below), and in oder to confirm further upside, the BTC need to clearly break and hold, ideally on a DAILY CLOSING BASIS the former high reached 2 days ago @ 45'137.
Such kind of successful price action would put the focus on the weekly Mid Bollinger Band@ 45'193, ahead of the TOP OF THE WEEKLY CLOUDS RESISTANCE ZONE, currently @ 45'937;
AN UPSIDE BREAKOUT CONFIRMATION OF THE CLOUDS BY THE WEEKLY LAGGING LINE WOULD ALSO ADD MORE VALUE FOR A CONTINUATION TO THE UPSIDE.
A failure to hold above the hourly clouds support, currently @ 43'900, would open the door for lower levels towards 43'371 (38.2% Fib ret) - 43'458 is the level of the 4 hours Kijun-Sen !), ahead of 42'826 (50& Fib ret).
Looking briefly at the DAIYL PICTURE, we can still see this RISING WEDGE PATTERN IN PROGRESS being in this BROAD TRIANGLE PATTERN on which the downtrend resistance line is under attack.
As previously mentioned a DAILY CLOSING LEVEL above the former high (45'137) would be the first significant warning signal which should of course be validated. Watch if the usual pullback will hold (CONSOLIDATION ) or not. ( POTENTIAL BULL TRAP ! )
Do you like my analysis ? Do you think it bring you some added value ? If it is the case, please do not forget to like it and for those who do not follow me yet, please do not forget either to add Ironman8848 in your following list.
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HAVE A NICE SUNDAY AND ALL THE BEST.
Take care and have fun.
IRONMAN8848 & Jean-Pierre Burki
BTC/USD Wyckoff AccumulationWe have seen Wyckoff Accumulation, and Distribution method used multiple times by Institutional investors/Whales last year. Looks like the same strategy is getting used this time too. 44k-46k is acting as resistance and 33k-35k as support.
Again this is purely theoretical based on historical data. If the same accumulation method occurs, this is what BTC will look like for the next two months.
This is not financial advice; please DYOR
BNT returned in sideways trendBNT is ranging since May 2021. Support that built at $2.66 on June was tested again one month later in the form of a fakeout. In January 2022, price passed through $2.66 and found strong resistance in the high demand zone between $2.30 – 2.08.
In the 4H LTF, BNT was accumulated between 22 Jan. and 05 Feb. That in conjunction with the long tail candlesticks - in the same period – indicates that large traders absorbed all the coins that sold below $2.30.
Yesterday BNT returned in sideways trend in relatively low volume. That’s not necessary a bad sign. Besides, changes in price are relatively small. Today, $2.60 level retested again.
If you want to go long, a position below $2.8, take profit near psychological resistance at $5.00 and stop loss below $2.30 or $2.08, gives you a R/R >3 - 3.75.
A conservative target if we gain psycho resistance is between $10.00 – 8.00.
I’ll keep my report updated to any significant changes.
We have nice falling wadge on BTC but...On the 1h time frame we have perfect falling wadge but i would not recommend you to trade the breakout because we are in a weekend and the volume is low.
Instead i am trading this range between this to yellow lines bacause in the weekends we are mostly going sideways.
We have also some tensions betwen Russia and Ukraine so i dont think btc is going to move before monday.
Last week we got nice ranging, what do you think are we getting ranging again or is this breakout going to play out and meet the target?
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
Cardano sideways movementWe will most likely see ADAUSDT range between 1.1-1.4 USD fundamentally for the rest of January.
Cardano has been on a downtrend for the past 3-4 months and is looking for another break to the upside.
Reasons
- Highly anticipated launch of Sundaeswap which had some tx issues because of clogged network
- Overall Crypto market in a dip
- Tech stocks first drop since the first covid dump
- Retail traders taking a big hit
Once the market has stabilized and with the release of their first DEX, Cardano could see an uptrend with new ATH.
- Mayo
IS btc creating a bearish triangle?Hi
Bitcoin has created a narrow range in recent days. In general, due to the existing narrow range, I do not expect a change in the trend in this price range. To change the trend, based on Waikoff's theory and the range areas that have already changed trends, I expect a larger range area.
It seems BTC is squeezing and creating a bearish triangle pattern above the support line. We have to wait and see if this hypothesis will be confirmed or not.
EURJPY - Bearish BatA Bearish Bat Pattern has been completed in EURJPY. I'm waiting for a market retest at 131.26 for a shorting opportunity. What's nice about this trading setup is that the completion of the bat pattern is at the right shoulder of the previous Head and Shoulders formation.
Manage to spot it?
EURUSD Analysis -Wait for Break!Welcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** EURUSD is presently moving sideways and we expect the bearish trend to slow down with the approach of year end. Listen to video for full 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 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.
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Brian & Kenya Horton, BK Forex Academy
BTCUSD-D1/H4 TIME FRAMESDAILY (D1) :
On that time frame, the BTCUSD is moving in a broad sideways channel (46'650 - 50'500); nevertheless,
pressure remains on the downside as current level is still :
1) below the Mid Bollinger Band
2) below the primary downtrend line resistance
3) below the Kijun-Sen
Watch Tenkan-Sen (@48'500), roughly in the middle of the sideways channel above mentioned; this level should be seen and considered as a good barometer, opening respectively
the door for the top of the bottom of the ongoing sideways trading range.
Watch also price action on the Lagging line which is still far below the clouds, TS and KS...
RSI below 50 , @ 39.63 !
On the upside, as long as the BTCUSD is not able to recover sustainably above the 50'000-50'500, the pressure will remains to the downside !
On the downside a failure to hold above the bottom (@ 46'650) of this ongoing sideways channel would then reopen the door for lower levels, calling at least for a retest of the 42'000 area, former
low reached on December 4th.
4 HOURS (H4) :
As you can see the clouds did, so far, perfectly "the job", in rejecting several upside breakout with success !!!
Levels to watch are similar with those previously mentioned on D1 analysis and corroborate perfectly the implication of a breakout on one way or the other.
On the upside, watch the clouds resistance area which if broken, would be the first signal of an upside move continuation, while on the downside the first significant support in this area is currently between
48275-47'870, ahead of 46'650, which is also the bottom of the sideways channel mentioned on the daily picture
Finally, as usual, watch shorter intraday time frames which will help you to detect early signal (s) in allowing you to act accordingly. Do not forget to manage efficiently and protect your long tactical exposure as
we are still in a SELL ON RALLY, strategically speaking and not yet on a buy on dips...
Have a great trading day and all the best.
Take care.
Last but not least, if you like my analysis, firstly like it and secondly if you do not follow me yet, please add me on your following list.
Many thanks in advance.
Ironman8848 & Jean-Pierre Burki
1711 Sidways before new leg up USDCAD will break 1.2700Hello traders,
USDCAD is still on the bullish trend on daily chart.
On 6h chart, looking for sideways before new leg to bull again to break fibo 1.27 1.27000.
For last idea, USDCAD did not go that low to make a double bottom. Buyers are likely to push price up again this week.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
ADA is moving into a descending channelHi everyone
ADA price now still moving into a channel downward and green area on the chart
shows best area to accumulate the coin. I personally think 1.5$ is a very strong support
level to hold the price and push it upward. so between 1.85$ and 1.5$ is fair price to buy.
if a high volume comes now we may see good upward pressure but as long as BTC
not move strongly upward ALTS has no chance for new bull trend.
SO we may see a ranged and boring market for next days yet, let's see
Enjoy the market
VZ - What to look for & Current StatusPrice is in a strong downtrend.
Momentum is pulling it down.
However, the tail wick of this the Months
candlestick has pulled back up to the support line.
This could mean we have found a support in this
price range. Look for the channel to break and
possible sideways action for the big boys to
accumulate shares. May rise slightly or fall
slightly, but generally, sideways action; unless
price pulls up. I see the 47 area as a good possible bounce area, but if fails then the 43 area is a good area of solid support.
2510 Wkly Outlook GBPJPY support up again from wkly supportHello traders,
GBPJPY did make some small range pullback last week.
But it found support again.
This time, it could make a double test of gold dash resistance zone first.
And new plan for breakingout or correction would really depend on the price action hitting that dash line.
We would expect no selling plan before any strong double top pattern.
160 WOULD HAPPEN AFTER BREAKING OUT DASH GOLD LINE.
Good luck on sideways price action first.
LESS IS MORE!
Weekly xauusd analysisAs you observed that FED and other bombastic events couldn't create a big difference in gold market. I closely observed the xauusd market. According to my point of view, Gold can maintain sideways pattern. Strong resistance area is 1950 and strong support area is 1690. The only reason that can increase gold rate is inflation. Some new reports shows that inflation can cause severe damage not only 3rd world countries but also big players as well.
2210 4H USOIL what is your choice?Hello traders,
USOIL is not a easy one to trade this week.
But it is showing sort of sign of ending correction soon.
This correction could be a double test of the support and rise up to breakout to test fibo 1.27, 86.30later.
Or it is possible to make a double top on 4h chart to make a deeper correction down to next support level before rising up again.
That is why green and yellow arrows on this chart.
I would suggest you take a check again during NY session to decide which way most traders will push.
GOOD LUCK !!!
LESS IS MORE!
BTCUSD - H4 - "DOJI" WARNING ...!Today we are going to look at the 4 hours chart.
Currently catch in a sideways broad 47'500-50'000 trading range.
Indeed, after having filled the triangle technical target @ 49'421, the BTC
pushed still a little bit higher towards an intraday high so far @ 49'811, being unable,
so far to break the psychological 50'000 important resistance level.
In addition, last H4 candle, triggered on a closing basis, a "Doji" pattern which should be seen
as a first warning signal for a potential trend reversal.(should be confirmed !)
Moreover, RSI is showing successive bearish divergences !
Therefore, next H4 closing level should be watch at very carefully and will give more clues for
the next move; in the meantime, as always, monitor price action on shorter time frames to get
intermediate signal (s) (such as divergences) which will help you to act accordingly.
A successful upside breakout of 50'000, would put the focus on the 51'000 (weekly downtrend resistance line) area ahead of 53'000 zone, former high of
beginning of September.
On the downside, looking at the daily picture, first significant support to look at is the top of the clouds (former resistance which becomes now the new support level),
currently around the 48'000 level.
If you like my analysis, please do not forget to support with a like and a follow. Thanks.
Ironman8848
GBPUSD-Weekly Market Analysis-Sep21,Wk3There are a couple of trading opportunities in the GBPUSD even only in the 1-hourly chart, I'll give you a few possibilities. A retest on the resistance line(red line) and if the candle didn't break and close above the red line, you can wait for a shorting opportunity.
If the market retest at 1.3769, we have a Bullish Shark buying opportunity within the buy zone.
1109 EURUSD daily swing continue down to test 1.17 Hello traders,
This is a plan based on daily chart for EURUSD next week.
We are now looking for a trend continuation down to test daily support zone.
The purple arrow is current daily swing looking for.
But this could be sideways price action after the blue grand swing with 5 waves.
So the 1st support level should be 1.1700.
Wait for next entry signal to open sell based on this plan .
Good luck!!!
LESS IS MORE!
