Break out has happend with a bearish candle with big wick with MACD tops lower. Target is the major support before this will have the next bounce. Stochastic has room to move lower. Will take trade on 60 min timeframe which is also showimg comfirmation
Following a bullish breakout of a descending channel pattern my price prediction for bitcoin of around USD $4000, and then some retracement can be expected, but it looks like the bulls are gaining strength once again. Most of the panic sellers have probably sold their bitcoin now to institutional investors, and the remaining HODLers are optimistic that prices will ...
This commodity is featuring for the first time on our TradingView blogs.
Current setup: Price is now above the previous all-time high from 2001 and looking strong.
Conclusion: We have to see if price can continue to make new all-time highs. We will look for long entries on the next breakout.
Any comments or questions, do not hesitate to leave them below. Give ...
welcome to another signal!
Important: Wait for the Breakout and retracement to the resistance of the range!
Target 1: 1.49181
Target 2: 1.148559
Peace and good trades
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Price has broken and closed below the trend-line (support) on the daily. It may drop from here, or make a small correction then drop. or as always, could be a fake-out and tomorrow it may return above the trend line. Not sure I like this setup too much but it has potential.
Fundamentals... Post BoC rate decision where the bank raised rates by a quarter point to 1.75% from 1.5% initially USDAD strengthened breaking through 1.30 handle only to close the session back above. And in todays session weakened against the us dollar still holding above the 1.30 level. This doesn't match not only the rate hike but the hawkish guidance ...
Recently USTs moved a lot lower as yields continued to push higher on inflation fears and hawkish guidance and communication from Fed. With investors and traders focusing on the 3.5% before any significant correction in stocks.
However with the recent push hitting 3.23%, US stocks plunged sparking global risk off sentiment. As such USTs found support from safe ...
- Bullish divergence on H4 using stochastics
- Breakout of the consolidation zone and mini channel on the H1
- Supported by monthly key level if price decides to retest the consolidation zone once again
- 90 pips target with 45 pips stop loss
AUDUSD 0.04% – On the hourly chart, we can see the AUDUSD 0.04% is after a long bearish momentum, usually After momentum like this I’ll prefer to wait for a reversal signal. If the price will break out the resistance Above it indicates the price tends to reach the supply above, in that case, I’ll look for P”A setup for buy Position, my target will be the supply ...
USDCHF – As we can see, on the hourly chart, the USDCHF is after a great rally and just arrive in the Resistance zone that we can see on the 4H chart, I’m waiting for a reversal signal and if the price will break out the support below it’s a good signal for changing momentum, in that case, I’ll look for P”A Setup for sell position, my first target will be the ...
- Bearish divergence on the H4 using stochastics
- Price seems to be rejecting the major daily resistance level of 114.33 and started to consolidate on the H1 before breaking out this zone to the downside
- Could see price heading towards 113.00 as it fulfils the fibonacci 38.2 level on the D1 as a well due retracement after consecutive bullish moves