A trendline is a straight line that connects multiple price points on a chart, typically the highs or lows, to show the general direction of the market. When a trendline is established, it acts as a guide, helping traders predict future price movements. The price often bounces off the trendline repeatedly, similar to a pattern in statistical probability where...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once bounced from support level and fell to support line of channel. Then Euro at once bounced up to support area, some time traded there, and soon broke $1.0725 level again. Next, price rose to resistance...
Looking for a buy opportunity. Reasons: 1. breakout and retest on the support area, which i drawn 2. making a double bottom Pattern in 5 and 15 minute charts. Use proper risk management. Thank you
GBPUSD Absorbed Liquidity dropped but suddenly Recovers this confirms more upside move
We plan to enter a long position on AUD/USD at 0.665, aligning with the 50% Fibonacci retracement level and a previous high, which serves as a robust support zone. As the corrective sequence progresses, entering at this level offers an optimal risk/reward ratio. The bespoke support at 0.665 strengthens our conviction for this trade. Our immediate resistance...
Market Analysis: AUD/USD Set Sights on Additional Upside AUD/USD started a decent increase above the 0.6655 resistance. Important Takeaways for AUD/USD Analysis Today The Aussie Dollar found support at 0.6585 and recovered higher against the US Dollar. There is a major bullish trend line forming with support at 0.6670 on the hourly chart of AUD/USD at...
Considering the volume of entry into the euro currency and its long-term increase, we consider this moment's decrease as a price correction and determine the target for the increase again. The first target is marked with a green area and the second target is in the range of 1.08950 The third target is in the range of 1.09200
Waiting on this 1 hr BOS to buy for next week. Euro appears bullish to me atm.
Buy when the price on the buy zone (green color box). SL - 101.699 TP - 106.160 After the first trade, when the price move in the planned direction (Long). Then 2 trade x2 with: SL - 102.301 TP - 106.160 Good luck!
This pair is been bear market for quite awhile now, as we see, we are in an accumulation phase, to be more sure, wait for a breakout of the box. Lls and Lhs.
With the yuan and yen offered, so too is the AUD/USD, pulling back from multi-month highs hit Thursday. Despite recent weakness, buying dips is preferred to selling rallies as long as risk appetite holds up. Given the proximity to former resistance at .6442, traders could buy ahead of the level with a stop below for protection. .6712 would be the initial target...
The price perfectly fulfills my last idea. It hit the target zone. The market has surged, closing above the previous lower high, and is now testing the key resistance level at 104.00. The recent pullback has took liquidity beneath the crucial support level of 103.00, ultimately leading to a new upward extension. On the daily timeframe, the bullish trend is...
Market Analysis: NZD/USD Set Sights on Additional Upside NZD/USD is also rising and could aim for a move above the 0.6140 resistance. Important Takeaways for NZD/USD Analysis Today NZD/USD is consolidating gains above the 0.6100 support. There is a key bullish trend line forming with support at 0.6100 on the hourly chart of NZD/USD at FXOpen. ...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
sell e/u breakout of a berish triangle is a box down there a 4h fvg it may will hit till down there
Hello Traders ! After a Huge Bullish Move, The AUDCHF Price Broke The Resistance Level (0.60078 - 0.59886). The Resistance Becomes a New Support Level ! So, I Predict a Bullish Move🚀 ---------- TARGET: 0.60950🎯
USDCHF : Bullish Breakout and Growing Volume The USDCHF currency pair recently broke out of a triangle pattern, signaling potential bullish momentum. The price action broke above the upper boundary of the triangle pattern. This breakout suggests that the pair may continue its upward movement. On the 4-hour chart, we observe a strong bullish candlestick,...
It is expected that the price will fluctuate in the current support range and then we will see the start of an uptrend. By crossing the 61.8% level, it will be possible to continue the downward trend to the indicated support levels.