EURUSD 30m Short Position at 1.18899SL: 1.18950 (-5.0) | 5 pip stop loss
SE: 1.18899 (-0.1) | 0.1 pip slippage
TP: 1.18800 (3:1) | 3:1 risk-to-reward
Psychologicalroundnumber
ETHEREUM PSYCHOLOGICAL LEVELS Just like Bitcoin, ETH is green today. We have drawn our psychological levels, where we expect the price to react. From now, we will be looking for futures long opportunities in low timeframes if Bitcoin shows bullish strength and Ethereum retraces enough to trade comfortably.
Hope you take advantage of these, Alkalites.
LONG EUR/USD.LONG EUR/USD, ***IF there is a clear rejection around the current level, wich is on the 1,19500 monthly key level (psychological level), it is also on the 50% level of the fibonacci taken on the monthly and it is on the -27,20% level of the fibonacci taken on the daily. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT GBP/JPY.SHORT GBP/JPY, ***IF there is a clear rejection around the current area, wich is on the 150,500 monthly key level (psychological level) and it is also on a daily key level. The market is over extended and is showing signs of a divergence (pink lines on the RSI and on the chart). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT USD/JPY.SHORT USD/JPY, IF*** there is a clear rejection around the current area, wich is on a the 107,000 monthly key level (psychological level), it is also on the 61,80% level of the fibonacci taken on the monthly timeframe and it is at the top of an uptrend channel. The market is also over extended (seen on the RSI). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
BTCUSD| VALENTINES KISS THAT DIDNT LANDAfternoon Traders,
we are currently now seeing some interest in sentiment from BTC as the overall market cap just sniffed the $1.5 trillion market cap over the weekend.
Interesting to mention that squeezing wedge style patterns do not always result in continuations, and our illustration is clear proof of this.
what do I see now well I have been expecting a pullback from the 50,000 level we were either going to run the level and continue a higher before a pullback or we would touch the level and then pullback, we got the latter, so I will be keeping an eye on the lower levels (Black Ray line) to see how we respond in these areas. for now
-remaining neutral
- overall still bullish but will wait for price action to confirm.
SHORT GBP/JPY.SHORT GBP/JPY, ***IF there is a clear rejection around the current level, wich is on the 144,000 monthly key level, it is also on the top of a uptrend channel and we can notice that the market is starting to be overbought. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
LONG EUR/NZD.LONG EUR/NZD, ***IF there is a clear rejection around the current level, wich is on the 1,66500 monthly key level (psychological level) and it is also on the -27,20% level of the fibonacci taken on the weekly timeframe. There is a divergence in the market (pink lines on the chart and on the RSI), wich suggests a possible move to the upside. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
EURUSD| LIQUIDITY SQUEEZE AND BULL RUN Afternoon Traders,
I've illustrated and highlighted 1 likely scenario given the state of the Dollar and relative strength from the EURO, this chart clearly illustrates a bullish movement as we pushed above the 1.2000 level this being a KL, the pattern is suggests a continuation of the overall trend at a test the 1.2000 level as is it lines up with the 79 - 88% range on the Fibonacci.
full transparency this will be my area for a potential entry dependent of course if price plays out as I have illustrated here, but of course I will adapt was new information comes out.
GBP/USD - Price flirting with 1.37 Price currently residing below 1.37 after a break above and break back under our whole level.
Are we going to see more downside movement during the week?
Or will price continue to test the upside?
Remember this pair is very fundamental - keep an eye on the news surrounding both currencies!
EUR/AUD market analysis Signs of candlestick rejection around the psych region, with a doji reversal patterned formed on the 15min timeframe. Could see some exhaustion in euro strength, inevitably allowing for price to move to the downside.
USD/CHF - Bulls eye break and rally up to 0.9000USD/CHF - Daily Chart -
Our blue daily key level is market at 0.9000 whole level.
We're expecting price to break our current 4 hr level during next week and rally up to test our blue highlighted level.
The green arrow shows the potential price path the pair could make in the longer term.
Next stop 26 K (Potential direction sentiment to target)Previously 24k was a clear strong support. Once breached the pair found resistance at 25000 with multiple rejections.
The trend I noticed once a key level breaks is a push to the next psychological whole number (22 k to 23 k, 23 k to 24 k, and 24 K to 25 k). I mapped out my trend pattern sentiment to visualize what I see.
We may see some volatility between 24 K and 25 K until a significant breach of 25 k occurs. When these levels are breached the volume of the trend trading increases significantly.
Please comment with thoughts and ideas. Thank you.
NZDCAD Sell Idea Based On Multi-timeframe AnalysisW1 - Price is bouncing lower from the strong resistance zone formed by the 61.8% fibonacci expansion level of the first wave.
Bearish divergence.
H4 - After the first move down currently it looks like a correction is happening in the form of a range.
Until the key resistance zone formed the top of the range and the 0.91 psychological level holds my view remains bearish here.
Topside exhaustion at Psych level (Sell stop .73700)Today we reached a key level for this pair at .74000 for the second time from the .55000 low in March. Despite the dollars weakness AUD was not able to push through .74000 and was immediately rejected. A rejection from this point aims for .72200 for the first retest. .73710 is this pairs exhaustion point established from the .55000 low. Exhaustion points are marked just under key psychological levels as the momentum slows down before retesting the psychological level. Within this pair, the exhaustion point prepares holders to take their profit while preparing sellers to find a perfect entry point. Once a close out below this .73710 exhaustion level occurs sellers will pick up the volume creating momentum.
To avoid a poor entry I am looking to place a sell stop at .73700 with TP 1 at at .72200. Consolidation will occur before pivoting or making a breach through .72200. Furthermore if .72200 is breach a retest of .70000 is likely.
There was a lot of sentiment towards a breach through .74000 but due to the inability to push through today while the dollar has been at its weakest tells me otherwise. This is a scenario where technicalities such as strong psychological levels rule over clear fundamentals which in this case would be in AUD favor.
Attached is my sell idea earlier in the weak where I marked my sell point at .73700 which remains my current sell stop. Consolidation at the exhaustion point occurred for several hours before reaching for .74000 which is a strong indication that trend sentiment was reversing.
Please comment with thoughts and ideas. Thank you 🙏
EURUSD, BUY Zone. A triple top near the 1.1900 P.N. Im expecting a Pullback to the 1.1850 area before a bigger move higher as the DXY is looking weak and possibly heading to 88.00.
Im shorting it down then I will turn to a buy position.
Longer term target in the 1.2000s area.
LONG EUR/AUD.LONG EUR/AUD, ***IF there is a clear rejection around the current area, wich is on the 1,61500 monthly key level (psychological level). There is also a divergence (pink line on the chart and on the RSI), suggesting a bullish move. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
EUR/JPY clean and conciseEUR/JPY is currently forming a point C at fib 61.8 which has been tested twice now and I am expecting this pair to fall down to 122.5 to pick up orders and fulfill liquidity which correlates also with the psychological 122.5 level
NZDCHF Buy Idea After Multi-timeframe Bullish DivergenceH4 - Price respected the 0.60 psychological round number and is bouncing higher from this zone.
False break with bullish divergence.
Based on the moving averages the slope is bullish.
H1 - Bullish divergence.
Expecting the price to continue higher further after pullbacks.
$DRI Attempting To Break Back Above 100$DRI showing great continuation support and buyers defending nicely below 100. As long as they are able to reach back above 100, it may form a great platform for buyers to cycle up for another leg.
SHORT XAU/USD.SHORT XAU/USD, ***IF there is a clear rejection around the current level, wich is on the 61,80% level of the fibonacci taken on the daily timeframe and it is also on the 1920.000 key level (psychological level). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT AUD/USD.SHORT AUD/USD, ***IF there is a clear rejection around the current level, wich is betwen the 50% and the 61,80% level of the fibonacci taken on the daily timeframe, it is also on the 0,72000 key level (psychological level). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
LONG EUR/AUD.LONG EUR/AUD, ***IF there is a clear rejection around the current level, wich is on the 50% level of the fibonacci taken on the daily timeframe, it is also on the 1,63500 key level (psychological level). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
