Germany 30 is currently in a downtrend and has reached the 61.8 zone at resistance. If the daily candle closes as a bearish pin bar, I will be looking to short this pair.
As it can be inferred from the H8 timeframe graph of USD/CHF, the price is currently re-testing an area of crucial support. After the boundary of the descending channel that is pictured on the graph was broken, we were closely monitoring the price action and expecting for the price to re-touch the current local area of support. Now that we can notice some...
Details on chart - entry once price broke the lows of the previous 15m candles after creating rejection wicks
Hey traders, GBPJPY pair is very bullish from the beginning of the last week. The price broke and closed above a key daily supply area yesterday. The broken structure turned into a key support now. I expect a bullish movement at least to 167.8 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
The Bearish Shark Pattern has went to the 2nd entry level, as a Shark Pattern Trader, you have to be aware that this harmonic patterns can have as much as 3 different entry zone. Conservative Trader can consider to wait for retest of 0.8947 to engage the trade.
BTC hasn't showed clearly were does it want to move to my side of view but when the September candle closes we will have the confirmation way .
As we said before price can easily fall hard like the red arrows mentioned on the chart. . Major supports and targets are also mentioned on the chart with green zones. ((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))
As seen from this chart, A market have to respect an up-trending market structure A short time pullback (Selling pressure) may be expected before a gain of bullish momentum consumer Price Index(CPI) will also affect this market
Probably in the beginning of 3rd wave of downtrend on daily. Moved my stop and will wait.
Opened below bearish hammer. Filled next day, strong bullish hammer closed below 10MA, but slightly above both 100 and 200MA. Risky trade in a hindsight we'll see how market decides soon.
Due to published news for the RM13m deal, there is significant buying in hence the price closed the MA50 line backed by significant volume compared to the previous trade. MACD and OBV indicators confirm the price uptrend towards the next resistance price which is the MA200 line. Precaution for a price correction between 10% - 20% from the recent peak where it...
Bottom bounce move triggered my alert and is setting up to pop the cloud. by iCantw84it 09.9.22
Watch this candle at 8pm est I use a different chart on my last post. Should be the same but I wanted a shorter time frame. Cycle Theory, it should have a test to retail here and it should pop. by iCantw84it 09.12.22
Watch this candle at 8pm est. Should be set to pop. by iCantw84it 09.12.22
Just watch the video, I explain what I am looking for in the first couple of minutes. I'm pretty pooped for the day and then go further in to detail after. You can check my linked ideas below for the past updates. I will see you all tomorrow at 9:15 EST.
Nice littler bearish hammer on daily. Gotta be quick market is volotile.
Minor bearish pressure on USDZAR although the macro still remains bullish
NIFTY has started the week on solid footing and current global positivity can help nifty scale new heights. For gaining further ground tomorrow Nifty will have to close the day above 18000 levels. Failing to do so we can see little bit of consolidation too. Support and resistance levels are as under: Supports for Nifty: 17800, 17659, 17424 and finally 17204 (in...