GBPUSD is still on the downtrend with the bears not backing out anytime soon. However, there seems to be a change in trend as the pound creates a higher low. Question is, will that support hold and be enough for the bulls to change the course of trend towards the LQP and reach the D point of the Shark Pattern?
Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always. Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe: 📌 Technical Analysis Highlights...
Our uptrend line is reserved for the time being. In the daily time frame, the crab pattern has appeared for us, which overlaps with the negative divergence of the RSI in the same time frame. This pattern is a reversal of the trend. If the upward trend line is broken and the range of $1,383 is consumed, the possibility of a corrective trend will be strengthened up...
We have been bearish on the market for a while and have seen a massive reversal on S&P to the downside. Despite what people may say, we will continue to sell the market instead of buying. We can now sell S&P for the following reasons. 1) Strong resistance at 4270 - 4280 2) Nice M15 Pattern. 3) We have the H4 MA and Daily MA pointing lower. Target is 4180
The market is STILL BEARISH but, 1) HK50 is now fully oversold. 2) There is a harmonic pattern 3) There is H1 RSI divergence Tight stop loss. We need to ensure to exit quickly as the market is still down.
This pair is in an uptrend. It has since consolidated at 0.5450 and we are taking a LONG position now. There is a harmonic pattern and strong support at the base. Nice RSI Divergence. Stop loss is just 30 pips. We also exited EURCHF with a nice 65 pip profit.
I'm actually waiting for a huge pull back on the daily or weekly chart for sell entries. Support areas were hit several times indicated by the green arrows and we also have a D point entry leg on the crab harmonic pattern bouncing off that same area of support for added confluence. Great week ahead.
Last week's weekly candle closed bullish. Looking forward to a continuation up to 0.66700 and a maybe a little higher. I'm also noticing somewhat of a shark pattern on the monthly timeframe which could indicate a larger move up. Stay tuned. Let's have a great week.
Here's the other analysis on this pair for the higher time. It serves as a bullish confluence on the previously posted daily chart of cadchf. Go LONG!!!
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCHF. USDCHF is making rising channel Pattern.and now this time this is at the top of the channel Pattern. Here it ahs maximum Chances we can see a Drop in price here. We can see drop upto 100Pips+. Keep in touch we will update further soon
Time to go long at 90 levels First target :104-105 Second Target: 127 Stop loss close below 86
There is Bullish Butterfly Harmonic PATTERN found in 1 hours Chart. Point D is PRZ so as per trend it's showing the Bullish Trend and , May price move upward from this Point. TP1 & TP2 Is marked for Book Profits. there is Divergence as well to this also show the Trend Reversal from the Point D.
Daily time candle as they are printing, Our study for "FiboHar"
USDCAD SELL STOP Entry point :- 1.33842 Stop lose :- 1.35041 Target 1 :- 1.3264 Target 2 :- 1.3144
Time Frame: 4H Symbol: ADAUSDT Entry: 0.3139 TP: 0.2883 SL: 0.3353 Bias: Short The ongoing cost design and the general market structure so not show any likely quality changes. Taking into account the new value motions and liquidity, we will likely go bearish.
BNBUSDT bearish scenario on 4h chart. Price action expected as a bear flag pattern breakdown, plus reciprocal AB=CD harmonic pattern plus Chaikin Money Flow bearish divergences in confluence w/ greater demand zone.
Time Frame: 4H Symbol: ADAUSDT Entry: 0.3281 TP: 0.3516 SL: 0.3093 Bias: Long The pair will go on vertical setting out a long opportunity . We are thinking about the new strength of dollar. In the event that ongoing degree of unpredictability continues a superior bullish opportunity can be taken.
Time Frame: 4H Symbol: ADAUSDT Entry: 0.3186 TP: 0.3404 SL: 0.2991 Bias: Long As we see the value developments are dillydallying in a restricted reach and there is no high likelihood set up as of now. We have analyzed different parts of moving and going circumstances accessible on the lookout and have chosen to stay up with the projected bias and set up.