Hey there, Soooooo, well. Guess we can negate the bearish/healthy scenario for now as we see Bitcoin pumping over its prior high for 2020 and even wicking above the last swing high on Bitstamp to create a new swing high. This is quite a huge factor and once more signals the strength and deeper bullish bias of this ralley. This also could now be further...
Hey there, So there is stilll one more target to go. As I already said in my latest post, the 200Day EMA is one of the last major stops and resistances which bitcoin has to break to finally confirm a trendchange on broader timeframes. Sitting now at 8900 USD, the 200Day EMA acted as resistance multiple times in the past and seems to be of high significance when...
Since last week, been saying since last week, EUR/JPY is going down and i was right. My account management clients have profited and my signal packages have also profited. Swing high and lows identified Previous fib still in existence trend channel identified: Strong as three shadows have touched and bounced back down significantly. Cross lines which have...
EURAUD is breaking an important swing high that we had in the past and the setup with the moving averages is turning bullish. With a risk to reward slightly better than 1:2, it is worth to try to trade this breakout.
The market is moving about the 200 MA, so we're looking for buy opportunities. Propably the market will bounce at the resistance (1.26600) where it is now. We recommend to buy at the resistance with a risk-to-reward ratio of 1 to 4: Thanks and good luck!
Thursday’s session has been considerably more active compared to the previous day. Dax first headed straight up without stopping at our first resistance zone. The second level of resistance laying at 12 194 functioned perfectly and the price even formed an intra-day high there. Following was a bounce back to our first level, now being a support zone where we found...
USDCAD forming a ascending triangle, price action entered on a negative trend suggesting a bearish exit, breakout looks imminent if correct, my stops are set just above 1.38 with a long term take profit traget at 1.25. Entry suggested closest to strong weekly resistance line
Contracts expiring soon.
Good morning, traders. Price has continued to grind higher, finding a high of $4139.99 so far, much to the chagrin of the bearish out there. We completed six green weekly candles in a row, the previous high being five during April, and two monthly green candles in a row which hasn't happened at all during this correction. I continue to see an increasing number of...
Good morning, traders. Bitcoin continues to ride the resistance line from the $6000s and is currently sitting just under the McGinley Dynamic. Not a whole lot has changed and the targets from yesterday remain valid today (review yesterday's linked analysis). The 4H RSI did break out bullishly from its descending wedge, though, and is currently sitting just under...
Price at 38.2% of current Fibonacci retracement range, momentum still unclear at the moment. However the bearish momentum from previous candles (from the significant level and reversal zone above) may continue.
Fundamentals are going to control the DOW for the remainder of the week. With Friday’s Q2 GDP release looming, we may be in for choppy price action in the next 48 hours. Until Friday's GDP release, selling the first test of 25,500 is not a bad way to fade today’s breakout. Here is the trade in the September E-mini DOW: Entry: Short from 25491 Stop Loss: 25526...
Hello. Welcome to some random guy's educational post on Tradingview - who thinks he knows enough about trading to teach other beginners. Whether you are a beginner at trading or investing, these tutorials will help you tremendously in gathering a basis for your interest in this game. Because in fact, this is a game. A game of wins and losses, how we manage them,...
This trading strategy is a complex support and resistance trading strategy that uses diagonal support and resistance levels. Unlike the traditional horizontal support and resistance levels, the Gann fan angles are mathematically calculated based on the price, time and the price range of the market. The Gann fan trading strategy can be applied to all markets and...
we do see a strong swing low was formed and is about to be reached again, so a bounce from this level is likely to happen. The target is the swing high which will be the 0.78975.
Pair has failed to make a new swing high Price is making lower highs lower lows Price can bounce bullish off 50 sma or break below it Price can consolidate between 50 and 100 sma As price falls from 50 to 100 sma it can go half way and return back to 50 sma If that happens price can move above 50 sma and rise to swing high target Or price can bounce short off 50...
Pair has broken out long from triangle pattern. Break-Hook-Go completed to confirm bullish move. 1st take profit is swing high resistance. 2nd target price from projected equal distance arrow from triangle