A possible short term retest of 109 followed by the base 4 hour trend line base of the triangle followed by a monstrous move to the upside taking out the psychological level of 110 and shooting up to 111.
This is not financial advice.
this idea will only run if we get some positivity over the ongoing trade wars with china
my idea is for price to break 6.72600 region retest and to carry on bearish
price is under the 200 ema
Candlestick formation looking bearish
us china trade wars is looking to get negotiated which will be great for china
Here is a potential long position to 0.94000, I believe it is setup to be a good trade, however I wouldn't enter a position until price breaks the 4H resistance.
If you look at this chart on the daily timeframe, you will see that this pair had a large price surge, and then began to create a 'flag formation', however once I dropped it down to the 4H I noticed that...
This is a short take on Silver which looks like it is about to break north through a zone of resistance. I'm waiting for a a better signal but I'm getting prepared. There could be a serious bull run on this, as everybody will be watching for the same break.
Forming symmetrical triangle below monthly resistance, had multiple fake outs to the upside with large rejection, hinting there is possible going to be a break to the downside possible to 0.71200 as our first target and eventually lower to 0.70600.
At 6am we witnessed a bullish breakout candle breaking past the 0.67572 resistance zone. Before price continues in a bullish continuation trend, there will be a retest of this key level along with the 50% Fib level.
Price should retrace from this level and continue heading up. We have two targets in place:
Target 1 is placed at 0.67876
Target 2 is placed at...
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...