Techincalanalysis
#WIF - Next leg up loading -> Min 40% Are you ready for the next leg up for BINANCE:WIFUSDT ?
Price is now inside the massive bullish swing retrace:
1. Just hit 0.618 retrace
2. Is forming a huge 4h hidden bullish divergence on both RSI and Stochastic RSI (continuation pattern for beginners)
3. There is plenty of liquidity above those juicy high wicks
Pack your bags now, you don't want to miss this one, it's close to 50% to break the nearest high!
Follow for more ideas and drop me a comment with what other charts you want to see!
GBPAUD: Short Signal with Entry/SL/TP
GBPAUD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPAUD
Entry - 1.9775
Stop - 1.9881
Take - 1.9568
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURUSD Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.0579
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.0536
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPUSD Will Collapse! SELL!
My dear friends,
My technical analysis for GBPUSD is below:
The market is trading on 1.2770 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.2750
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
CADCHF: Long Signal Explained
CADCHF
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long CADCHF
Entry Point - 0.6230
Stop Loss - 0.6204
Take Profit - 0.6276
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
KONYA - 4 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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DXY seems going HIGHER as STRONG ECONOMIC DATATVC:DXY currently traded higher after strong economic data last Friday. NFP data told us that US labor market remain strong. We also can see at Tuesday Job Opening data which showed us "higher than expected - higher than previous month" and finally drives the price up. At the last speech, Powell also said that FED isn't in a rush condition to reduce the interest rate. All of this information gives more optimism to big player in the market to buy dollar.
Technical analysis in the picture tells TVC:DXY failed to make breakout movement below weekly trendline support and seems continue to move to it's last high around 106.75. If this resistance can't hold the price, it will be double bottom chart pattern and could move dollar to it's 22 Nov high around 108.xx
So currently i saw buy opportunity for dollar and sell opportunity in the counter currency of dollar.
XAUUSD BULLISH ANALYSIS (READ CAPTION)Hi trader. What do you think about gold.
Current price 2636
Gold again tp again respect support 2633.
Gold again touch 2633 then gold pullback to demand zone 2656 gold breakout 2656 then market target 2670
I have placed the remaining target in the details in the chart
Like . Comment. Thank you for support
SPY Buyers In Panic! SELL!
My dear friends,
SPY looks like it will make a good move, and here are the details:
The market is trading on 607.88 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 596.88
Recommended Stop Loss - 614.33
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
USOIL Technical Analysis! BUY!
My dear subscribers,
This is my opinion on the USOIL next move:
The instrument tests an important psychological level 67.10
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 68.19
My Stop Loss - 66.46
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
APPLE: Short Trade with Entry/SL/TP
APPLE
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short APPLE
Entry Point - 242.84
Stop Loss - 246.57
Take Profit - 235.15
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
TESLA: Bearish Continuation & Short Signal
TESLA
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell TESLA
Entry Level - 389.41
Sl - 412.70
Tp - 333.03
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
QQQ The Target Is DOWN! SELL!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 526.54 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 515.69
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GOLD Expected Growth! BUY!
My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 2633.3
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2642.2
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURUSD: Bearish Continuation is Expected! Here is Why:
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
❤️ Please, support our work with like & comment! ❤️
NATGAS: Bearish Forecast & Outlook
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NATGAS pair price action which suggests a high likelihood of a coming move down.
❤️ Please, support our work with like & comment! ❤️
BTCUSD Massive Short! SELL!
My dear friends,
Please, find my technical outlook for BTCUSD below:
The price is coiling around a solid key level - 99601
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 96781
Safe Stop Loss - 10141
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EURUSD Under Pressure! SELL!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0566 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0523
Recommended Stop Loss - 1.0592
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK