Hello Awesome traders, London session analysis.
Today on my watchlist is AUDUSD.
Technical analysis on the pair;
- The pair has gailed to break abpve 71933.
- A bearish engulfing on the H1 at 03:00 GMT+3
- Probable Head and shoulder chart pattern formation.
- Break close below 71741 should validate a bearish move.
- A break and retest below the neckline should...
USDJPY has been on a bull run for a while.
Current price action on the 4h is more of a decreasing bullish pressure as price approaches 114.022.
Price is likely going to react off this region before price bearing down to, bare minimum 111.972.
It could still possibly go down to 110.578
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Hello Awesome Traders.
On top of my watchlist today is AUDUSD. Am currently of sell bias on this pair.
The 4H candle is about to close. It's just managed to touch a key area 75061.
The 1H candle just closed with a Pinbar candlestick pattern.
A patient wait for a close below 74791 on the 1H should indicate a sell bias market structure.
*** one may look at...
Hello Awesome Traders.
Currently monitoring this bearish trend formation on the H1.
Key Technicals:
1. Price has failed to close above 38329 for a while now.
2. Price has formed a double top on the H1.
3. Price then closed below 38223, that is the double top pattern neckline.
4. Wick rejections to the upside on the 4H.
Are we going to get a retest before a...
Was BTC making a routine dip before new highs are formed?
63781 has been holding for a while now.
A close above 64208 on the 4H would be a strong signal for a new Higher High.
Hello Awesome traders...
Had this levels drawn on during the London open.
We have had a nice strong bearish push to 37192 on the 1H before a nice reaction off it indicating a potential support area.
The general trend is bullish.
A BREAK and CLOSE above 37481 could imply a continuation of the Bull trend.
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Hello awesome traders...
Currently monitoring this nice set up on the H1.
Market behavior has been generally bullish.
Price currently sitting at 36770.
Entry can be after candlestick pattern confirmation,
Or break and close above 36873
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Hello Awesome Traders.
Currently monitoring this setup on the 60Minute TF
Key Technicals:
> Price has been pushing Bullish on the 4H.
> Making HHs on the 15 Minute TF
> Price has closed bullish on the 1H above key level 37580
> Price headed for the 50% Fib level (38000)
Anticipating price to come back for a retest on 37580.
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Hello Awesome Traders.
Currently monitoring this awesome set up forming on GBPUSD.
Key Technicals:
> Currently finding support on a key area on the 4H TF.
> Formed a morning star candlestick pattern on the 1H.
> Could go back to 3979 for a retest on the H4 TF.
> Probable bullish behaviour after close of the 4H candle, that is at 1600hrs (+3GMT)
> Break and...
Hello Awesome Traders.
Currently monitoring this probably awesome set up on USDJPY.
Its currently on a strong bearish trend, on a key level (110).
Been failing to break support.
As we anticipate the New York session Open, a close below 110 on the H1 will be a key sign to look for sells.
A break and retest will be a nice set up for sells....
Hello Awesome Traders.
Currently monitoring this awesome set up on NZDUSD.
Price has been failing to break 70575. Multiple wick rejections.
Currently on a bearish trend on the intraday timeframes. Bearish momentum depleting.
Price currently at a key level, for a probable reversal.
Buy stops at 70620 would do the trick.
#MayTheMarketsBeWithYou
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Hello awesome traders.
This is an educational piece: a breakdown on a EURJPY short trade.
Saw this setup in the morning.
A key level in the market where price was failing to break for 4hrs. Beautiful multiple wicks left behind.
Simple patience for the break and retest.
Entry on the shooting star (key reversal candlestick pattern)
TP previous key...
Hello Awesome Traders.
Currently monitoring this awesome set up on the 15M TF.
We've got multiple wick rejections, with the third bullish candle failing to close bullish.
Indicating the depletion of bullish pressure.
Sell stops on (39370)
This could be a nice sell to previous key level (39220)
#MayTheMarketsBeWithYou
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Hello traders.
Currently monitoring price action on EURUSD.
General trend is Bullish
Price is failing to make new Lower Lows.
A break and retest above 18800 might signify a bullish trend.
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Hello Awesome traders.
Currently monitoring this awesome set up on EURUSD.
Price been consolidating for a good 4hrs to indicate a failure to break its major resistance 18880.
Price currently on a bearish momentum on the lower TFs.
This might be a nice short trade.
Still waiting for the break and retest though.
#MayTheMarketsBeWithYou
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Hello awesome traders. Saw this nice set up on GBPUSD.
GBPUSD currently at a key consolidation area.
A break and retest above the key zones might give us a nice entry opportunity.
Let's watch.
#PatientTraders
Hey TradingView Family.
This is my first crypto trading idea. Its a short on BTC. I believe BTC is on a strong Bear run.
I'll be posting more Forex and Crypto Ideas, so do accompany me on this eventful journey.
#MayTheMarketsBeWithYou
