An essential level on my radar is 0.6669 for AUDUSD. If the market presents a buying opportunity at this level, I'll be keenly interested. However, a break and close below this level would shift my focus to a shorting opportunity, waiting for a retest on the resistance level. Share your trade plans and thoughts on AUDUSD below!
Given the current consolidation phase in the market, I'm open to exploring various trading opportunities this week. For counter-trend traders eyeing a shorting opportunity, the completion of a Bearish Bat Pattern at 1.2803 is a crucial level to watch. Alternatively, for those in search of a buying opportunity, a retest on the trendline, conveniently aligned...
The Giant Banks and Credit Card companies benefit the most from the Federal Reserve Board's overnight interest rate hikes. As the FRB increases its lending rate, it allows big banks and credit companies to increase their interest rates to consumers, small businesses, etc. That usually means higher revenues. NYSE:V is in a sideways trend that is not as...
* *AUDCAD shor update price is making lower lows and lower highs . *Trade is going perfectfly as planned *
GBPUSD head and should and over general technical analysis and why my hypothesis is sells \ * if price pushes above the level and show any signs of bull pressure i will adapt to market conditions
My sights are set on a compelling setup for NZDUSD. Both the Weekly and Daily Charts align with a Bearish Shark Pattern, presenting a powerful Combo Trade opportunity. I'm waiting patiently for the Bearish Shark Pattern completion at 0.6352 on the 4-hourly chart, aiming for a High Profit Factor with reduced initial risk. What are your thoughts on NZDUSD? Any...
If you caught the short opportunity on the previous Fib3 Bat I mentioned months ago, congrats on the 836 pips (~8,360 USD/lot) gain! (Link to related analysis available in post) My overall stance on USDJPY remains bullish. For those eyeing buying opportunities, keep an eye on the daily chart for a potential market retest at 142.47 (refer to the left...
EURUSD recently faltered to secure a close above the Weaker Bull Buy Zone, indicating potential weakness in the bullish momentum. I'm eyeing a short position opportunity as the market unfolds a Bearish Shark Pattern on the 1-hourly chart, aligning with my counter-trend strategy. What's your strategy or perspective on EURUSD? Feel free to share your insights!
NYSE:JPM is the last Bank that has been able to hold onto its Dow 30 component status. It is running up on a combination of buybacks and ETF development for Dow 30 index components. The stock is over-speculated heading into the earnings season. Volume Oscillators show the extreme pattern clearly. So even minimal weakness in the earnings report could cause an...
NVDA shares are losing momentum after a powerful upward reaction this morning. It seems that as it approaches its resistance area, it is becoming difficult for NVDA to maintain its upward trajectory. We had a good reaction near the Fibonacci retracements, which, as we warned in our last public study, was our main area of support. Now the price is trying to...
NZDUSD showcases a compelling combo trading setup - a Bearish Shark Pattern visible on the weekly and daily charts. This combination suggests potential movement in the market. My approach involves waiting patiently for the market to shape a Bullish Gartley Pattern on the 1-hourly chart. This setup offers a more favorable Profit Factor, enhancing the trade's...
A Bullish Gartley Pattern has emerged on GBPJPY's 8 range bar chart, presenting an opportunity for those leveraging TradingView Pro account alerts. Alternatively, setting alerts on the 15-minute chart is viable for this setup. This pattern aligns with a buying opportunity that could ride the bullish wave, in conjunction with the Type2 Bullish Shark Pattern on the...
For those eyeing a buying opportunity on GBPUSD, the Bullish Shark Pattern is poised to complete at 1.2707, offering an early potential setup. Are you inclined to long or short GBPUSD? Share your trade plans or insights regarding the GBPUSD scenario below!
Observing the rejection at 1.1036 on the weekly chart for EURUSD, with the candle failing to close above this price level, I'm inclined to wait for a potential shorting opportunity. Are you also considering a short position on EURUSD? Share your trade plans or insights below!
If you missed the chance to capitalize on the sell limit at 110.36 aligned with the Weekly Chart's Shark Pattern on CADJPY, amounting to a 306-pip move (~3,060 USD/lot), don't dwell on the past. Now, there's a fresh opportunity presenting itself on the 1-hourly chart – a Bearish Shark Pattern gearing up to complete around 108.01. To optimize this trading chance,...
NZDJPY showcases a compelling Bullish Trendline on the Weekly chart, indicating a bullish trajectory. Zooming into the Daily Chart, I've spotted a potential Bullish Shark Pattern awaiting completion at 87.33. This presents a promising combo trade opportunity, aligning with the long-term bullish trend indicated by the Weekly chart. What are your insights or trade...
Despite prevalent negative sentiments surrounding the Dollar's bearish outlook, I maintain a bullish bias on USDJPY. I perceive the recent bearish move as a retracement within a longer-term bullish trajectory. For those inclined towards catching the retracement, the Bearish Fib-3 Bat Pattern on the 1-hourly chart might provide an entry opportunity for shorting at...
hello traders, this is my idea for #BTC in short term, look at the red shadows, those are sign of sellers power and according to big time frame (Weekly) price has been reached to the 0.5% Fib retracement, and the last week candle was red, hope to hear your thoughts in comments, hope you guys be fruitful.