GBPAUD is moving in a descending channel between the trend lines and Resistance area. Is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most...
$GBP - What shall we do now? GBP - Since we hit below 1.14 - 1.10 it's really been a one way for this pair and it could continue...However, we have options! 1 Emergency rate hike 2 Intervention 3 IMF 4 Fiscal spending 5 Swap Lines Now these are the options technically speaking we filled gap around 1.09 this morning, I expected 1.06 on table during open...
Trade analysis and update on the state of play of the following currency pairs: USD/JPY, GBP/USD, CAD/JPY, USD/CAD, NZD/USD & AUDUSD.
I have shorted ETH from the current price of 3,860 suspecting a substantial drop - aligned with my recent Bitcoin ideas - prior to the forex market beginning the week. DXY is showing a bearish breakdown on the one month - leading the way of a lengthy extended bull market. I suspect that prior to this upside, BTC and ETH will be liquidating out long positions...
On the monthly we are currently witnessing the formation of a descending trangle in preparation for a breakout to the upside if we cross 1.13093 or to the downside if we cross 1.04898. This level has been mitigated back in July 2022 taking all buy side liquidity in the process beofre returning to create the new support level to begin a new wyckoff accumilation...
This pair is forming a bullish wedge pattern. The price is likely to break out to the upside in the near future, presenting a potential buying opportunity for traders looking to go long on this pair. However, currently the price is at a support zone, so we consider buying. Our target is 1.37266 price area.We anticipate a potential rebound from this support...
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): The last Thursday and Friday we saw gold performing a...
Hello Traders, For the interim while we wait and see what BTC will do over the next few weeks, I figured I would post a trade set up that has two definitive directions and will update along the way. As we will see the daily updates I post for BTC and ETH by following our signature. That said, this is a nice trade as we have both options to make gains on being it...
Hey guys here is a video idea of SRF which has just broken out of the triangle wave 4 of internal degree. Expected to retrace to the breakout level then a positive move for wave 5 internal degree. Please do your own analysis before going into a trade. I am not a SEBI registered analyst. Any losses on the chart are sole responsibility of the viewers. Thank you.
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello Traders. In this setup, our goal is to enter a buy or sell position based on price movements next to the middle line of the Bollinger band and pitchfork.✍ The price reacted negatively when it first touched this line and is now trying to stabilize above the middle line of the pitchfork.✍ The stabilization of the...
Polkadot (DOTUSD): BINANCE:DOTUSD For Polkadot, we are setting our entry on the daily chart for a potential Wave 2. We expect it to reach between 61.8% and 78.6% because we don't believe the correction has been completed yet. We're leaning towards the idea that we're dealing with a Wave ((a)), as a closer look suggests we're seeing a five-wave downward...
FVG at the level of previous breaker block and market structure break. Clear target at 2R around 1.0795, but has potential to go even further. Entry: 1.0842 SL: 1.0865 TP1: 1.0795 TP2: 1.0762 could even go lower, depends on DXY. Trade invalidated if TP1 level reached before pullback back up into the FVG entry area.
Please see chart box for trade details. If you do not know how to read this chart feel free to message me and I will be happy to explain.
Here's another video highlighting the trades I took this morning and yesterday and some of the longer term swing positions I'm in with analysis as to why I took them. Hope this was helpful Happy Trading :)
Soon to be listed on Uphold which is one of the few crypto onboarding exchanges that US residents can purchase coins and tokens directly from their bank accounts. This is a chart from Gate.io showing a pretty solid falling wedge pattern. In which the price action has came back down to the entry zone and is retesting the falling wedge. Falling wedge patterns have...
Please refer to the trade box on the chart. If you are not familiar with how to do so feel free to message me and I will happily explain.
according to me my lecvel gbp had a huge breakout in both channel pattern and also from consolidation zone i think its going to be a opportunity for bullish entry. NOTE: THIS IS JUST MY ANALYSIS MAKE SURE U HAVE UR ANALYSIS FOR AN ENTRY