Get started

Swingtrader

GBPUSD BULL MOVEHere we can see a nice cup and handle pattern formed on the 4HR and 1HR chart which is more confirmation of my earlier analysis on the WEEKLY time frame. I personally use the 15M time frame for execution and entry and use the 1HR for perspective of momentum throughout the day. As you can see I have lined up entry point and TP points on the 15M time frame. The expectation from my point of view is that smart money will do a liquidity sweep and take SL from retail traders that bought the price at the low before the price enters into a strong bullish trend. So that is why my entry is at a low price in expectation of this but as traders we all know its a game of probabilities not certainty so I will be monitoring the market open tonight closely to see how the market is reacting. If price moves and hits both TP then I would then wait for the breakout of the cup and handle line and enter the trade again.
Long
by Kbiz_fx
GBPCHF: Important Breakout & Bearish Continuation 🇬🇧🇨🇭 Hey traders, GBPCHF is trading in a global bearish trend. The pair started to consolidate in July and was stuck within a narrow range for 6 weeks. Yesterday, bears finally managed to break and close the range's support. I believe that the price will keep falling now. Next goal - 1.141 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
11
BTC Trend Weakening BTC price action has shown the first signs of weaknesses on bullish direction. First off, previous high/resistance of $24670 has not been broken neither tested weakening the weekly bullish set up over last month for the first time. Secondly we can notice bearish RSI Divergence highlighted by the white trendlines. Furthermore, MACD shows a bearish crossover in which indeed the MACD line passes below the Signal line. However, we are getting closer to 200EMA resistance and to the trend line which will work as strong support. For this reasons, if such a structure were to be invalidated we suggest to take a short position as the following: Entry price: $22700 Target price: $22400 *30X Leverage
Short
by vf_investment
1
EURCHF: How to Catch The Next Bullish Move 🇪🇺🇨🇭 I have nicely predicted a pullback from a key weekly structure on EURCHF. Ahead is a strong daily supply area. To catch a further bullish continuation, wait for a bullish breakout (daily candle close above) of 0.9786 - 0.982 area. After a breakout, a bullish continuation will be expected to 0.987 / 0.9915 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
6
GBPUSD: Detailed Technical Outlook 🇬🇧🇺🇸 I received a lot of questions from you this morning about GBPUSD. Even though the pair is very bullish from the middle of July. I want to remind you that we are trading in a global bearish trend and I would consider a current bullish move to be a correctional wave. Analyzing a price action, I spotted a nice little bearish flag pattern. I assume that the market will keep growing within than till it reaches some significant supply zone. The closest such an area that I see is 1.233 - 1.2483 zone. I will expect a bearish reaction to that zone and the trigger that I will look for to short the pair will be a bearish breakout of a flag's support. Then a bearish continuation will be expected at least to 1.206 Alternatively, bullish violation of the underlined yellow structure may push the market to higher structure levels. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
DOLLAR INDEX (DXY) Key Zones to Watch 💵 After setting a new higher high higher close 10 days ago, Dollar Index is retracing. Here are the key zones to watch from where we may see a trend-following move: Support 1 - 2 is based on a confluence zone between a major rising trend line and 105.1 - 105.8 demand zone. Support 3 is based on 102.5 - 103.8 demand zone. Once one of these zones is reached, look for a confirmation on long time frames to confirm a coming bullish impulse. I will post an update one I spot a decent confirmation. Alternatively, bearish breakout of these zone will trigger selling waves. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
TVC:DXYLong
by VasilyTrader
7
SILVER (XAGUSD) Key Level Ahead! Your Plan: 🪙 Even though Silver is very bearish, ahead is a strong confluence zone on a weekly. The underlined yellow area is based on 618 retracement of a major impulse leg and a horizontal demand area. To catch a bullish move from that, watch a falling parallel channel on 4H. Your confirmation to buy will be its bullish breakout (at least 4H candle close above). Then buy aggressively or on a retest. Your target will be 20.16 If the price breaks the underlined area to the downside, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
OANDA:XAGUSDLong
by VasilyTrader
4
MarketBreakdown | EURJPY, EURCHF, GBPCAD, GBPCHF Hey traders, here is a brief technical outlook of 4 peculiar instruments on my watch list. 1️⃣ EURJPY - Daily time frame 🇪🇺 🇯🇵 I see the signs of a bullish accumulation: the price has already set two equal highs and keeps setting higher lows. I believe that we will see a breakout attempt of a current horizontal resistance. Daily candle close above that will trigger a bullish trend continuation to new highs. 2️⃣ EURCHF - 3 days time frame 🇪🇺🇨🇭 The pair is approaching a solid horizontal zone of demand. Be prepared for a breakout attempt. Its bearish breakout will trigger a bearish continuation to a year's low. 3️⃣ GBPCAD - Daily time frame 🇬🇧🇨🇦 As I predicted, GBPCAD dropped nicely. The pair formed a double top formation with a lower high. Its neckline violation signifies a highly probable further decline. 4️⃣ GBPCHF - Monthly time frame 🇬🇧🇨🇭 The pair is currently approaching a wide weekly demand cluster. Taking into consideration that the market is very oversold, I believe that we will see a pullback from that structure soon. Look for a confirmation on lower time frames to buy. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
6