What do you think about such a buy trade? Share in comments your thoughts and your variants - how to trade in the AUDUSD market. The price reached one of the support levels. The daily chart gives us a reversal candlestick pattern. The 4H chart gives us bullish signals from MACD. RSI confirmed the price reversal. ADX line of the bearish DMI falls. It tells us...
The price reached the support zone at 1.03000 level. RSI confirms the price reversal. The same goes about MACD histogram. DMI is bearish, but ADX line falls. It tells us that sellers are not active. We have a trend reversal signal based on a double bullish divergence. We should be ready to see the reversal from the support zone and the further upward movement to...
What do you think about further market movements? Share your opinion in comments, let's discuss! The price reached SMA200, which is a strong trend line. We have a reversal candlestick pattern, and it is a bearish signal. RSI is not far from the overbought zone. MACD lines are going to move downward. It will be another bearish signal. If the price bounces from...
Let's talk about Bitcoin, what's new? The price could break 9000.00 round number and reach 9175.00 resistance. We got a local swing high, which can be used as a signal level. If the price bounces from 9000.00 and breaks this swing high, it will be a bullish signal with the main target at 10 000.00 level. I'm not sure that this variant is so reliable. We can see...
The price reached the daily trend line. The price action in this zone will be able to provide us a new buy opportunity. As we can see now, the downward movement was stopped at the trend line. RSI is not far from the oversold zone. MACD is going to confirm the price reversal. How to trade? If the market gives us a bullish candle or a reversal candlestick pattern,...
If we talk about the perfect trade, this is a good example. It is the perfect one from the TA point of view. The price reverses from the upper line of the price channel. RSI confirms the price reversal. MACD supports a possible downward movement. We have a trend reversal signal based on a bearish divergence. Entry Price: below 1.31760 Stop Level: above...
The trading ideas is based on a possible false breakout below the daily uptrend line. The price reached the support zone at 0.65225, and we can expect a possible reversal. RSI is in the oversold zone. MACD histogram supports the reversal and further upward movement. Yes, DMI still confirms the strength of sellers. But it is only one solid bearish signals against...
It looks like the market is going to reach 9000.00 resistance and the previous market high at 9200.00 level. At the same time, the daily chart tells us about a possible pullback. The price is below SMA200. If we combine both timeframes, we should say that the resistance zone can stop the upward movement and push the price downward. The 4H chart is going to...
The price reached the support zone at 0.89000 level. We got a trend reversal signal based on a double bullish divergence. MACD lines support a possible upward movement. RSI confirmed the price reversal. DMI is bearish, but ADX line starts falling. It tells us that sellers are not so strong. We have a buy opportunity. If the price breaks the local downtrend line,...
The price bounced from the support zone between the neckline of the Head & Shoulders chart pattern and SMA100. After that, we got a breakout above the right shoulder. What does it mean? It means that the trend reversal chart pattern is not relevant anymore. The breakout above the right shoulder gave us a strong bullish signal. I wrote in the previous post that...
Here is another market that can be added to your watchlist. The price is not far from the local uptrend line. SMA50 is not far from the current price, and it formed the support zone with the uptrend line. If the price bounces from this support zone, it will be possible to search for buy opportunities using the hourly timeframes. If the price breaks the uptrend...
The price broke the main uptrend line. We have a strong bearish candle and bearish signals from RSI, MACD lines, and MACD histogram. DMI is also bearish, but ADX line does not support the strength of sellers. Sell trades should be opened based on the breakout. If you missed the opportunity to sell above 0.68000, it will be better to wait for a pullback and buy...
The bearish divergence gave us an amazing trend reversal signal. After the breakout, we saw the downward movement. This week, the market will be able to give us a possible buy opportunity. Probably, we will get a bullish divergence. Look at the price and MACD histogram. We just need to get the close price of the 4H candle not far from the current prices or...
The market should be added to a watchlist. This week, we will be able to get a trade opportunity. The price is not far from the main uptrend line. The price action at this line will be able to give us a good buy opportunity. The market has room for further downward movement. MACD and RSI are bearish. DMI tells us about the range market conditions. What does it...
The market gives us a continuation chart pattern like a Flag. If the price breaks the upper like of the chart pattern and moves above 3.70, it will give us a new buy opportunity. Stop orders for such long positions should be placed below SMA200. The 1st profit target will be at 450 resistance. If the price drops below SMA200, we should be ready to see the...
The price broke the local downtrend line. It gave us a bullish signal. If the price can move above the local swing high and SMA100, it will be a possible buy opportunity in the direction of the main uptrend. MACD lines and histogram support further upward movement. DMI does not confirm the strength of sellers. Entry Price: above 8543.50 Stop Level: below...
The price dropped below the neckline, and the trend reversal chart pattern was confirmed. What's next? The market could not develop a downward movement. The price bounced from SMA100. We saw a new upward movement to the neckline. The price action in this zone will be important for the market. If the price bounces from the line, there will be a new attempt to break...
Here is a possible buy opportunity. If Bitcoin continues the upward movement, the LTCUSD market will be able to follow the main coin as well. If so, we have to wait for an additional signal confirming the upward movement. The price is below SMA100 and the local downtrend line. If the price breaks this resistance zone, it will be a bullish signal. Entry Price:...