Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66800 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66800 support and resistance area. Let's delve into the fundamental landscape, specifically examining the recent Consumer Price Index (CPI)...
Watch the latest Update on Bitcoin. We have posted an urgent and quickupdate con Bitcoin
amazon looks bearish below my moving averages in the pre market gapping down.
+ 1.) end of monthly pullback 2.) 2 weekly wicks rejections 3.) weekly 0.5 fib. level 4.) daily a lot of divergence pressure 5.) building daily liq. 6.) 4h divergence 7.) failed for 4h higher high Now you can also see my entry model with sell and buy areas and minor levels to enter the trades. Entry Model
1.) monthly candle formation bearish 2.) weekly resistance level 3.) daily liq. 4.) 4h divergence 5.) holding 4h level 6.) failed for higher high 7.) strong 4h liq.
BlackRock is making a big move into Bitcoin with an ETF aimed at wealthy baby boomers. They are a huge financial company with $9 trillion in assets under management. BlackRock bought 11,500 Bitcoins, diving into the market, expecting a big comeback. Despite the leviathan's moves, market's reaction to ETF approvals is erratic. The market is reacting to rumors with...
Hello,Friends! EUR/NZD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.758 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! EUR/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello,Friends! We are going short on the EUR/JPY with the target of 156.575 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello,Friends! We are going short on the GOLD with the target of 2031.863 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the SILVER pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 22.572 level. ✅LIKE AND COMMENT MY IDEAS✅
Here I have EUR/USD on the 4hr Chart!! Much like its counter-part GBP/USD, Price on EUR/USD has been forming the same looking Reversal pattern called a Head and Shoulders!! Now our Last Lower High is the finally move price can make before inevitably having to start creating Lower Lows! Confirmation of the Pattern will come when price Breaks and Closes below our...
So holding my position riding price down. Stops moved and looking for signs that it will continues just where its at. A lot of news coming up so it will for sure be a eventful week.
Last weeks high: $48987.12 Last weeks low: $45231.94 Midpoint: $41476.76 Following such a historical week with the approval of the BTC ETF's on Wednesday 10th of January. BITCOIN reached a local high of 49K, since then price has fallen towards 41.5K (15% drop). Price action this week is hard to predict as the ETF narrative has been driving BTC and crypto for...
Hello,Friends! Previous week’s green candle means that for us the USD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.851. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello TradingView Family / Fellow Traders, 📈 GBPCHF is overall bullish from a short-term perspective trading inside the rising wedge in red. However , it is currently sitting around a strong supply zone, thus we will be looking for sell setups. 📉 For the bears to take over and activate our sell setup, we need a momentum candle close below the last major...