EUR-CAD Bullish Wedge! Buy!
Hello,Traders!
EUR-CAD is trading in an
Uptrend and the pair formed
A bullish wedge pattern and
Now we are seeing a bullish
Breakout from the wedge so
We are bullish biased and we
Will be expecting a further
Bullish move up
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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TSLA Honey Ticking Bull Trap! UPDATE 1This is an updated chart, as I keep being prompted to reach "My Target" by TV.
No matter how bad things get for Elona and TSLA, there are always people who are willing to pile in and buy at any price. The problem is the chart is showing lower highs, as TSLA no longer attracts the people needed to boost price, just like TSLA the brand. As a result, people keep getting honey ticked.
Don't Get HONEY TICKED!
As I always say, never EVER!! Invest in toxic people like Elona. They always blow themselves up in the end. It's in their nature!
Click Boost, Follow, subscribe, and let's reach 5,000 followers. ;)
EURAUD Set To Fall! SELL!
My dear followers,
I analysed this chart on EURAUD and concluded the following:
The market is trading on 1.7917 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.7840
Safe Stop Loss - 1.7966
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURCAD Buyers In Panic! SELL!
My dear friends,
My technical analysis for EURCAD is below:
The market is trading on 1.6005 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5956
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURJPY Will Explode! BUY!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 171.82
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 172.34
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPAUD Sellers In Panic! BUY!
My dear followers,
This is my opinion on the GBPAUD next move:
The asset is approaching an important pivot point 2.0491
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 - 2.0573
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPUSD Massive Long! BUY!
My dear friends,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.3528 pivot level.
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 - 1.3556
Recommended Stop Loss - 1.3512
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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Some investors take profits. Opportunity to buy gold to 3500?✏️ OANDA:XAUUSD price correction of 50 appeared yesterday. This is obvious to happen in a sustainable uptrend. Today's strategy will look for liquidity sweeps to support to BUY to ATH 3500. Gold's current border zone is limited by the upper and lower trendlines. Be careful not to trade against the trend when breaking the trend zone.
📉 Key Levels
Support: 3375 -3363
Resistance: 3418-3431-3490
Buy trigger: Buyers react at 3375
Buy zone: 3363
Target: 3430; level higher at 3490
Leave your comments on the idea. I am happy to read your views.
Gold Price Analysis July 24After a correction of about 50 prices in yesterday's session, gold is showing a necessary "breathing" in the long-term uptrend. This is a positive signal, showing that the market is accumulating before continuing its journey towards a new ATH around the 3500 area.
Currently, gold prices are fluctuating within the boundary zone limited by two upper/lower trendlines - creating a clear structure of support and resistance. Avoid trading against the trend if this boundary zone is broken.
📌 Trading plan:
Strategy: Prioritize BUY when price sweeps to support zone
Active buy zone: 3375 (reaction price)
Potential buy zone: 3363 (deep support)
Target: 3431 in the immediate future → further towards 3490
Support: 3375 – 3363
Resistance: 3418 – 3431 – 3490
Correction in Play, Long-Term BUY Opportunity Ahead XAUUSD 24/07 – Correction in Play, Long-Term BUY Opportunity Ahead
🧭 Market Outlook
Gold has dropped sharply from the 343x region, exactly as outlined in yesterday’s plan. Price has broken below the ascending trendline on the H1 chart and is now tapping into lower liquidity zones (FVG + OBS), signaling continuation of the short-term bearish move.
Key context to watch:
Traders are awaiting final decisions on US global trade policy agreements.
Next week’s FOMC meeting may confirm expectations of an interest rate cut.
Later today, markets will react to US PMI data and Jobless Claims, which could trigger volatility.
📊 Technical View
While the higher timeframe trend (D1/H4) remains bullish, the short-term structure has broken, and the market is now exploring unfilled liquidity pools below. Once these are swept, we anticipate a strong long-term BUY opportunity.
🎯 Trading Plan for Today
📌 Short-Term Strategy:
Look for short-term SELL setups on retracements toward resistance zones. Wait for clear rejection signals before entering.
📌 Mid/Long-Term Strategy:
Prepare to BUY from major Key Levels once price taps into deep liquidity zones. Ensure confluence and good risk/reward before entering.
🔎 Key Levels to Watch
🔺 Upper Resistance Zones:
3393 – 3404 – 3414 – 3420 – 3428
🔻 Lower Support Zones:
3375 – 3366 – 3352 – 3345 – 3330
🔽 Trade Setups
✅ BUY ZONE: 3352 – 3350
SL: 3345
TP: 3356 → 3360 → 3364 → 3370 → 3375 → 3380 → 3390 → 3400
🔻 SELL ZONE: 3414 – 3416
SL: 3420
TP: 3410 → 3406 → 3400 → 3395 → 3390 → 3380
⚠️ Risk Reminder
No major economic news is scheduled for today, but unexpected political statements or geopolitical tensions could cause price spikes.
✔️ Always follow your SL/TP strictly.
✔️ Avoid entering without solid confirmation.
✔️ Watch how price reacts to the levels above.
📣 Follow MMF on TradingView
If this trading roadmap helps your strategy,
📌 Follow the MMF team on TradingView for daily actionable setups, real levels, and no-nonsense analysis based on real market conditions.
🎯 Real trades. Real zones. Real discipline.
DXY: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse DXY together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 96.722 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Testing Blue Support – Key Level Ahead!🚨 SPARKS:VIRTUAL Testing Blue Support – Key Level Ahead! 📉🔵
SPARKS:VIRTUAL is currently testing the blue support zone.
📊 If a breakdown occurs, we could see a move toward the green line level as the next target.
🛑 Watch for confirmation — this could signal further downside if sellers take control.
SILVER: Bulls Are Winning! Long!
My dear friends,
Today we will analyse SILVER together☺️
The market is at an inflection zone and price has now reached an area around 39.025 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 39.148.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
EURUSD: Next Move Is Down! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 1.17658 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 1.17506..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
GOLD: Target Is Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 3,359.59 will confirm the new direction downwards with the target being the next key level of 3,350.22.and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
APT Forming Bearish Wedge Pattern – Watch the Support! APT Forming Bearish Wedge Pattern – Watch the Support! ⚠️📉
APT is forming a bearish wedge pattern and is now testing the blue support trendline.
🔻 If the support breaks, we could see a move down to the first green line level.
📊 Stay alert — this setup could trigger soon. Wait for confirmation before reacting.
EURUSD A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.1751
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1708
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURCHF Trading Opportunity! SELL!
My dear subscribers,
EURCHF looks like it will make a good move, and here are the details:
The market is trading on 0.9335 pivot level.
Bias - Bearish
My Stop Loss - 0.9341
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9324
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Here’s a fresh Nasdaq100 analysis I’ve put together for you.Hey Guys,
Here’s a fresh Nasdaq100 analysis I’ve put together for you.
I’ve marked the buy zone between 23,252 and 23,240. If price dips into that range, I’m anticipating a potential move upward toward 23,294.
Your likes and support are my biggest source of motivation to keep sharing these insights.
Huge thanks to everyone backing me with a thumbs-up!
EURCAD: Bearish After the News 🇪🇺🇨🇦
EURCAD may drop from a solid daily resistance.
As a confirmation signal, I spotted a bearish engulfing candle
on a 4H time frame after its test.
The formation of this candle is accompanied by multiple negative
German fundamentals.
Goal - 1.5976
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trading Divergences With Wedges in ForexTrading Divergences With Wedges in Forex
Divergence trading in forex is a powerful technique for analysing market movements, as is observing rising and falling wedges. This article explores the synergy between divergence trading and wedges in forex, offering insights into how traders can leverage these signals. From the basics to advanced strategies, learn how you could utilise this approach effectively, potentially enhancing your trading skills in the dynamic forex market.
Understanding Divergences
In forex trading, the concept of divergence plays a pivotal role in identifying potential market shifts. A divergence in forex, meaning a situation where price action and a technical indicator like the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) move in opposite directions, often signals a weakening trend. This discrepancy is a valuable tool in divergence chart trading, as it may indicate a possible reversal or continuation of the current trend.
There are two primary types of divergence in forex—regular and hidden. Regular divergence occurs when the price makes higher highs or lower lows while the indicator does the opposite, often signalling a reversal. Hidden divergence, on the other hand, happens when the price makes lower highs or higher lows while the indicator shows higher highs or lower lows, typically suggesting a continuation of the current trend.
Trading Rising and Falling Wedges
Rising and falling wedges are significant patterns in forex trading, often signalling potential trend reversals. A rising wedge, formed by converging upward trendlines, often indicates a bearish reversal if it appears in an uptrend. Conversely, a falling wedge, characterised by converging downward trendlines, typically reflects a bullish reversal if it occurs in a downtrend.
Traders often look for a breakout from these patterns as a signal to enter trades. For rising wedges, a downward breakout can be seen as a sell signal, while an upward breakout from a falling wedge is often interpreted as a buy signal. When combined with divergences, this chart pattern can add confirmation and precede strong movements.
Best Practices for Trading Divergences
Trading divergence patterns in forex requires a keen eye for detail and a disciplined, holistic approach. Here are key practices for effective trading:
- Comprehensive Analysis: Before trading on divergence and wedges, be sure to analyse overall market conditions.
- Selecting the Right Indicator: Choose a forex divergence indicator that suits your trading style. Common choices include RSI, MACD, and Stochastic.
- Confirmation Is Key: It’s best to watch for additional confirmation from price action or other technical tools before entering a trade.
- Risk Management: Traders always set stop-loss orders to manage risk effectively. Divergence trading isn't foolproof; protecting your capital is crucial.
- Patience in Entry and Exit: Be patient as the divergence develops and confirm with your chosen indicators before entering or exiting a trade.
Strategy 1: RSI and Wedge Divergence
Traders focus on regular divergence patterns when the RSI is above 70 (overbought) or below 30 (oversold), combined with a rising or falling wedge pattern. The strategy hinges on identifying highs or lows within these RSI extremes. It's not crucial if the RSI remains consistently overbought or oversold, or if it fluctuates in and out of these zones.
Entry
- Traders may observe a regular divergence where both the price highs/lows and RSI readings are above 70 or below 30.
- After the formation of a lower high (in an overbought zone) or a higher low (in an oversold zone) in the RSI, traders typically watch as the RSI crosses back below 70 or above 30. This is accompanied by a breakout from a rising or falling wedge, acting as a potential signal to enter.
Stop Loss
- Stop losses might be set just beyond the high or low of the wedge.
Take Profit
- Profit targets may be established at suitable support/resistance levels.
- Another potential approach is to exit when the RSI crosses back into the opposite overbought/oversold territory.
Strategy 2: MACD and Wedge Divergence
Regarded as one of the best divergence trading strategies, MACD divergence focuses on the discrepancy between price action and the MACD histogram. The strategy is particularly potent when combined with a rising or falling wedge pattern in price.
Entry
- Traders typically observe for the MACD histogram to diverge from the price. This divergence manifests as the price reaching new highs or lows while the MACD histogram fails to do the same.
- The strategy involves waiting for the MACD signal line to cross over the MACD line in the direction of the anticipated reversal. This crossover should coincide with a breakout from the rising or falling wedge.
- After these conditions are met, traders may consider entering a trade in anticipation of a trend reversal.
Stop Loss
- Stop losses may be set beyond the high or low of the wedge, which may help traders manage risk by identifying a clear exit point if the anticipated reversal does not materialise.
Take Profit
- Profit targets might be established at nearby support or resistance levels, allowing traders to capitalise on the expected move while managing potential downside.
Strategy 3: Stochastic and Wedge Divergence
Stochastic divergence is a key technique for divergence day trading in forex, especially useful for identifying potential trend reversals. This strategy typically employs the Stochastic Oscillator with settings of 14, 3, 3.
Entry
- Traders may look for divergence scenarios where the Stochastic readings are above 80 or below 20, mirroring the RSI approach.
- This divergence is observed in conjunction with price action, forming a rising or falling wedge.
- Entry may be considered following a breakout from the wedge, which signals a potential shift in market direction.
Stop Loss
- Setting stop losses just beyond the high or low of the wedge might be an effective approach.
Take Profit
- Profit targets may be set at key support/resistance levels.
The Bottom Line
Divergence trading, coupled with the analysis of rising and falling wedges, offers a comprehensive approach to navigating the forex market. By integrating the discussed strategies with sound risk management and market analysis, traders may potentially enhance their ability to make informed decisions in the dynamic world of forex.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
LOOKS CAN ENTER LONG TERM CYCLE AFTER THISLooks seems to make an important trend, which can allow this coin to enter a cycle area.
On the low time frame, it shows breakdown. The main view is that this coin is positive.
$0,035 is an important cycle target, which can be done with time depending on the last confirmations.
Gold’s Next Move: Bounce or Breakdown?Gold is pulling back after breaking the 3,360 USD resistance on the 6-hour chart. Price is currently testing the nearest fair value gap (3,370–3,380), but upside momentum is stalling, partly due to unfilled supply zones above.
A retest of the lower FVG near 3,340 will be key. Holding above this level could trigger renewed buying, while a break below may invalidate the bullish structure.
Traders should closely monitor whether downside gaps continue to fill and how price behaves near support zones. Lack of strong liquidity could lead to a false breakout.