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USDUAH New trading range and trend correction !As I have posted last week, Turkish Lira has started its correction against USD. But not 7.8000 is my support level, which will be I have announced T1 as the most important support level for UAH against USD and this week prices has touched T1 trendline, we need to realize that this is long term trendline and little crossing of this trendline can not give as strong information about trend correction, but anyway UAH is stable for this and next several weeks. I expect 27.900-28.200 trading range. Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt levels (S1,S2... etc.) R - Resistance levels (R1,R2... etc.) TP - Take Profit SL - Stop Loss F - Fibo Levels (F23,F61... etc.) Check out my next stream "What is divergence, why it is important for trading?" www.tradingview.com
Long
by AmiranAzaladze
GBP AUD - long term buys - impulse into the range againHello traders and analysts, We have an update to our GBP AUD trading range - price is still very much ranging but we have managed to yet again catch a trade to the upside whilst still hedging the downside movements. Over the end of last week, we saw the Aussie get stronger but was not enough to break through to 1.78 area. so the demand zone still stands and the range is in play and active. COT Data: Aussie Long Short Total %Long %Short Avg_13 30,441 54,256 84,697 36% 64% Avg_20 33,958 63,290 97,248 35% 65% Avg_50 39,133 76,363 115,496 34% 66% Avg_130 38,877 76,625 115,502 34% 66% COT data: Pound Avg_13 32,923 49,892 82,815 40% 60% Avg_20 41,245 43,918 85,163 48% 52% Avg_130 43,323 68,286 111,609 41% 59% AVG_50 43,547 67,458 111,004 41% 59% Technicals: What can we see technically? - Daily bearish but breaking momentum short in the channel. - weekly bearish zone touched - bounce from the demand zone zone. - we can see the trend beginning to add long positions to correct - this has now occurred. - we have made lower lows and lower highs- showing the correction - now in a consolidation zone with some great wicks formed and a reversal to the upside - this has been boosted by GBP Tuesday as of writing. -AUD USD ranging market looking to break 0.70 for upside strength. -Large downside gap to fall to if price looks to create a new low structure in bearish confluence and momentum trading. - COT report in favour of AUD however, risk off will shift sentiment. Fundamentals Aussie is a commodity currency so is highly affected with exports of natural resources, Gold , Oil , Grains, Copper etc. Victoria lockdown has caused issues for the restart of the border openings USD outlook affects the progress of strength for Australia. Coronavirus within the US sees an affect on the economy for the US as a result affects directly Australia where the index correlates. USD sees 1Trillion package for stimulus package. Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted. Trade what you see, this is purely our Bias. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Many thanks for your support to our existing and new followers. Much appreciated Thanks, Team Lupa.
Long
by LupaCapital
GBP AUD - scalp W formationHello traders and analysts just a quick idea here - price is showing a nice hourly pattern for an inverted head and shoulders or a W formation. Be aware price can fall down to todays lows of 1.79340 but ofcourse confirmation is key to success as price is reactive. Trade your plan. Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted. Trade what you see, this is purely our Bias. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Many thanks for your support to our existing and new followers. Much appreciated Thanks, Team Lupa.
Long
by LupaCapital
GA trading range update - short near term, still longHello traders and analysts, We have an update to our GBP AUD trading range - price is still very much ranging but we have managed to yet again catch a trade to the upside whilst still hedging the downside movements. We added a new sell position in order to protect longs, keep in mind this is risky - but until price shows a break of the range of clear downside movements. This accumulation range will build up a big move up or down. COT Data: Aussie Long Short Total %Long %Short Avg_20 33,541 66,392 99,933 33.55% 66.45% COT data: Pound 34,424 55,414 89,838 38% 62% 31,267 45,396 76,663 42% 58% AVG 13 weekly With reference to previous postings, these are still very much in play. Technicals: What can we see technically? - Daily bearish but breaking momentum short in the channel. - weekly bearish zone touched - bounce from the demand zone zone. - we can see the trend beginning to add long positions to correct - this has now occurred. - we have made lower lows and lower highs- showing the correction - now in a consolidation zone with some great wicks formed and a reversal to the upside - this has been boosted by GBP Tuesday as of writing. -AUD USD ranging market looking to break 0.70 for upside strength. -Large downside gap to fall to if price looks to create a new low structure in bearish confluence and momentum trading. - COT report in favour of AUD however, risk off will shift sentiment. Fundamentals Aussie is a commodity currency so is highly affected with exports of natural resources, Gold , Oil , Grains, Copper etc. Victoria lockdown has caused issues for the restart of the border openings USD outlook affects the progress of strength for Ausrtralia. Coronavirus within the US sees an affect on the economy for the US as a result affects directly Australia where the index correlates. Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted. Trade what you see, this is purely our Bias. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Many thanks for your support to our existing and new followers. Much appreciated Thanks, Team Lupa.
Long
by LupaCapital
GBP AUD - long term buys update - accumulation rangeHello traders and analysts, We have an update to our GBP AUD trading range - price is still very much ranging but we have managed to yet again catch a trade to the upside whilst still hedging the downside movements. COT Data: Aussie Long Short Total %Long %Short 40,025 42,933 82,958 48% 52% 27,228 56,775 84,003 33% 67% AVG 13 weekly COT data: Pound 34,424 55,414 89,838 38% 62% 31,267 45,396 76,663 42% 58% AVG 13 weekly Technicals: What can we see technically? - Daily bearish but breaking momentum short in the channel. - weekly bearish zone touched - bounce from the demand zone zone. - we can see the trend beginning to add long positions to correct - this has now occurred. - we have made lower lows and lower highs- showing the correction - now in a consolidation zone with some great wicks formed and a reversal to the upside - this has been boosted by GBP Tuesday as of writing. -AUD USD ranging market looking to break 0.70 for upside strength. -Large downside gap to fall to if price looks to create a new low structure in bearish confluence and momentum trading. - COT report in favour of AUD however, risk off will shift sentiment. Fundamentals Aussie is a commodity currency so is highly affected with exports of natural resources, Gold, Oil, Grains, Copper etc. Victoria lockdown has caused issues for the restart of the border openings USD outlook affects the progress of strength for Ausrtralia. Coronavirus within the US sees an affect on the economy for the US as a result affects directly Australia where the index correlates. Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted. Trade what you see, this is purely our Bias. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Many thanks for your support to our existing and new followers. Much appreciated Thanks, Team Lupa.
by LupaCapital
GBP AUD rangeWe have an update to our trade - we took sells at the rejection and are stuck in a nice 250 odd pip trading range. Neutral range - but we anticipate long term buys. We are waiting for the break of our trend line - as the USD is gaining strength and the GBP has got alot of short orders against the Dollar. However the Aussie has had orders shorted for the past 13weeks. GBP with 54% short - 42,071 AUD with 69% short - AVG (13) - is 61,487 What can we see technically? - Daily bearish but breaking momentum short in the channel. - weekly bearish zone touched - bounce from the demand zone zone. - we can see the trend beginning to add long positions to correct. - we have made lower lows and lower highs- showing the correction - now in a consolidation zone with some great wicks formed and a reversal to the upside. Where to enter? Follow your plan we entered at 1.793 and 1.794 as we could see these zones lining up with our analysis we have further buy limits at 1.78 if price reaches the lower weekly deep retest. we also entered sells at 1.8115 & 1.8070 respectively. All trades risk free Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted. Trade what you see, this is purely our Bias. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Thanks, Team Lupa.
by LupaCapital
SPY - FINALLY SHORT! But don´t be so happy!Hi traders, we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down! I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet. So that´s probably my final target because the market has a tendency to went back to the fairest price. I hope you can make profits during this difficult time. Have good trading, Jakub FINEIGHT
AMEX:SPYShort
by Fineight
AUDUSD Oversold Bounce| Trading Range| Technical Divergence Evening Traders, Today’s Analysis – AUDUSD – recovering from weekly oversold conditions, trading in an important range where further price development will allow for a directional bias. Points to consider, - Weekly Trading Range - 21 MA Breached - Technical Bearish Divergence - Oversold Bounce - Extended Stochastics AUDUSD has entered its macro weekly range from oversold conditions, where it is likely to consolidate and test the range median before another impulse move. The 21 Moving Average has been breached, the indicator can now act as a visual support guide upon a back test. AUDUSD has a technical bearish divergence at the range high; this is a sign of weakness in the current market. The oscillators are putting in higher highs whilst the price is establishing a lower high. The Stochastics is currently overextended; a retest of at least the range median will cool of oscillators. Overall, in my opinion, AUDUSD is likely to retrace and trade within the range before its next impulse move. The immediate direction is short due to trading at the range high. Further consolidation will help with the directions bias. What are your thoughts? Please leave a like and comment, And remember, “Intelligence is the ability to observe yourself without judging yourself. In essence, this is mindfulness.” Mindfulness” ― Yvan Byeajee
Short
by AzizKhanZamani
2
EURUSD - Intraday Analysis - H1EURUSD - Intraday Analysis - H1 We have a still a Strong Bullish Trend on the Daily, H4 & H1 chart But price is in a trading range , in a box and we are expecting a bullish breakout and close above the box. We will be waiting for a breakout above 1.1190 and candle close H1 < 1.1190 to enter long. Our target will be the -0.382 Fibonacci Level. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Entry: 1.1190 | Stoploss: 1.1160 | Takeprofit: 1.1260 | ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ If you like this idea please click the like button to support this channel, thanks. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Long
by Sami_Derti
CL1! - Crude Oil - WTI - H4 - Waiting for the Breakout.SHORT CL1! - Crude Oil - WTI - H4 - Waiting for the Breakout. The crude Oil is Ranging on the Daily and H4 chart between 23.00$ and 26.60$. We are waiting for a confirmation Breakout Above or Bellow it, but preferably below 23.00$ on a Breakout at the 0.236 Fibonacci Level. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ If you like this idea please click the like button to support us, thanks. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
NYMEX:CL1!Short
by Sami_Derti
1