hey guys, analyzing the price action on EURUSD we may notice that: 1.14 is our current structure high once it was reached, the price dropped to 1.123 structure support and failed to retest the high, setting a lower high. then one more retest of horizontal support. equal lows and a new bullish movement brought a lower high again. for now, bulls are clearly...
EURUSD top-down analysis and thoughts. Please, like this video if you find it useful :)
USDCAD is falling like crazy. here are the strongest key weekly support levels to catch a pullback: support 1 - 1.33 - 1.335 area based on a major rising trendline and a horizontal structure support 2 - 1.30 level based on a horizontal structure Closest key resistance: 1.37 - 1.38 area based on a horizontal structure also, many questions about the...
Potential scenarios for EURUSD: bearish scenario and how to catch it bullish scenario and how to catch it enjoy!
EURUSD started a strong bullish movement. Multiple strong resistances are ahead. Key levels based on 3 days chart analysis: Resistance 1 - 1.11 level based on a resistance line of a major channel + horizontal 3 days/daily structure Resistance 2 - 1.12 level based on a horizontal weekly/3 days/daily structure Resistance 3 - 1.15 levels based on a horizontal...
a lot of questions about silver! currently, I don't have any active positions. I have alerts placed on key levels, I will look at the reaction of the market to the underlined levels on the lower timeframe. here are the key levels: 16.7 is our current strong support 17.55 is our current resistance (due to a strong bullish rally it can just easily be broken,...
EURUSD is stuck within a wide indecision range since 1st of April. if you want to know where the pair will go next, the only way to clarify it is to wait for a daily breakout. daily candle close will show the future direction of the pair. for now we are stuck within: 1.1 is your resistance 1.078 is your support!
hey guys, bullish rally continues on gold. the next goal for buyers is 1775 - 1802 resistance area. it is a historical structure zone based on 2012's market highs and 2011's key resistance. be prepared for a pullback based on the underlined structure. also, remember that if you missed this bullish movement, it is too risky and too late to jump in. be...
The dollar index could be in the ending diagonal wave (C). Then the drop is expected
Price action and daily timeframe analysis. Bullish and bearish scenarios explained.
hey guys, crude keeps growing steadily! the price has easily gone through 18.5 - 20.5 resistance and now it turned to support. our next key daily resistance is 28.6 - 30.6 zone. look for a reversal formation within this area to short. in case of a further bullish continuation, the second resistance will be 34.0 - 36.0 area. if this zone will be reached, the...
This is a post for those people who think that absolutely nothing can be predicted and can only move in the trend. The level was seen by everyone and nevertheless, it worked out beautifully, and at a ratio of 1 to 10 trade can be considered excellent. After such a sell you can fly to the ocean and not work next month))). The price can fall even more... Dear...
never forget that price will roll between key levels as RS or SP. Within this zone you should consider some topics that can be effective: - Main support & Resistance, which are included in the above timeframes like D1 / W - Fucking COVID-19 that is going global by reckless chinese
This is a great first post!!! So recently we transferred from our other tradingview accounts and decided to start afresh, again with a trading view orientated around our Fund W2 Capital - Select Alpha, and our trading community W2 Trading!!! with that in mind as we near the end of January 2020, Bradley and I spent some time conducting our A.S.R and going over...
I'm throwing this up for discussion. The three key areas of the chart seem to show that a fall in the DXY is followed by sound recoveries in the S&P500. Be careful though, because I'm NOT saying that the weak DXY causes the S&P to rise like a phoenix. It's a community so I welcome different perspectives on this.
Hi traders, Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit at horizontal, diagonal & dynamic support/resistance areas) -...
Hi traders, Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit at horizontal, diagonal & dynamic support/resistance areas) -...
Hi traders, Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit at horizontal, diagonal & dynamic support/resistance areas) -...