My Bias for Dollar Appreciation started on 14 Oct 2021; it has been right after all. The leading trade I'm looking at is a buying opportunity on the 1-hourly chart, left and might keep my final target open and observe the candlestick pattern movement when it approaches its new resistance level. If you are looking for a counter-trend move, I've something for you....
The DXY is becoming a little exhausted on the RSI intraday as it trades towards Resistance, we should see it start to turn back down from around here if the macro downtrend continues.
BITCOIN (BTC) started to move in a bullish direction after a noticeable downfall. However, there is a big resistance zone which can stop BTC to move further in a Bullish Direction. Therefore, this trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. Bearish Butterfly Harmonic Pattern is forming on one hour time frame and it is...
Gold is showing some MACD Bearish Divergence at the PCZ of a Bearish Butterfly while at the same time the RSI seems to be thrusting it's way upwards, but the thrusts we get up in price are shortening as we trade into the Pattern Completion Zone of this Bearish Butterfly. If things go as expected, we will see Gold reverse big from here and likely undo the entire uptrend.
CADJPY has a Bearish Butterfly shorting opportunity. I'm going to wait for a retest on the previous high to engage the trade.
OMG! I was doing a qualifying call, and I might have missed the trade! And this is why I don't usually trade off the 15-minutes chart. From my experience, this trade is gone, but a retest on 128.98 happens; it is a great second-chance entry. 2 Economic Data to take note On 18Jan23(GMT+8) Tentative(usually before 3pm) JPY - BOJ Outlook Report JPY - Monetary...
USOIL is sitting just below the 800EMA at the PCZ of a Bearish Crab with massive amounts of MACD Bearish Divergence; if this plays out we could eventually see some Bear Flag action to take us down to around $70 or even below $70
We have Bearish Divergence on the MACD at the PCZ of a Bearish Butterfly and a 3 Line Strike to go along with it. I think we will make our way below the trendline then breakdown fast to the weekly lows.
A Bearish Butterfly Pattern on the NZDJPY 4-hourly chart within the sideway increase volatility setup is almost ready, close below 87.88 is required for a final confirmation but that is your decision to make.
Trendline Break could be a trading opportunity for traders looking to short the USDCAD. Friends that had shorted the USDCAD on the 4-hourly chart before might have a second chance trading opportunity.(check link within tradingview)
I'm waiting for a Bearish Butterfly Pattern check back at 1.2308 for a shorting opportunity. This is a counter-trend trading setup and if this suits you, it is something you want to look out for.
Last night during our live session in trading view(www.tradingview.com). I've mentioned that there's no need to chase after the USDCAD trade as there's a rate hike decision happening in less than an hour. If it's your trade to take, you will have another opportunity. Missing a trade is better than getting into a trade you aren't supposed to take. I'm waiting...
Hi traders, watch EURUSD with your own according strategy and look for a short position opportunity for a short term trade setup GOOD LUCK.
Hi traders, EURUSD watch price action with your own according strategy and look for a long position opportunity for a short term trade setup GOOD LUCK.
Hey traders, here I am sharing a beautiful Butterfly Patter in XAGUSD. This is a short. Now, be CAREFULL! There are 2 possible entries on this type of patter, so choose wisely and use a good risk reward ratio. I could totally see this falling @ 21.700 Happy trading!
Hi traders, EURUSD watch price to come around our mentioned area and look price action with your own according strategy on the top for a short position opportunity GOOD LUCK.
Hi traders, USDJPY watch price action with your own according strategy and look for a short position opportunity for a short term trade setup GOOD LUCK.
Hi traders, GOLD watch price action with your own according strategy and look for a long position opportunity for a short term trade setup GOOD LUCK.