OANDA:SPX500USD has had 3 big gap days to finish the week really strong. Could we see the bigger pattern play out towards the 61.8% level from the ATH? or even 4400.. There are a lot of resistance areas to come before that level so ideal scenario is to wait until we get a tradable retracement to buy. There could also be a deeper correction before higher prices...
As we approach the final week of August, brace yourself for potentially one of the most volatile periods this month. The market is signaling its intentions as I navigate my way through twelve pairs, making the selection process a challenge. Nonetheless, let's dive into the Pound Australia, and I'll even introduce two additional currency pairs for your benefit....
Trading strategies offer a captivating avenue, providing opportunities to engage trades with less overthinking. In the case of the Australian dollar, however, it has displayed weakness, manifesting a bearish trajectory. Let's explore this together. On the weekly chart, an important point arises – the violation of the previous low. While not a critical support...
Eyes on the pound dollar chart reveal a resolute bullish trend. If contemplating a shorting opportunity, meticulous strategy testing and conservative stop-loss management are paramount. 🛑💼 Turning to the weekly chart, a pullback effortlessly rests on prior resistance, indicating the enduring strength of the overarching bullish trend. Daily chart support stands...
www.tradingview.com 1. Daily Below 200 EMA Strong Bearish Signal 2. Below 211.36 Red Daily Close Confirmation Levels 1. 200.55-191.88 2. 177.25 3. 148.42 4. 101.81 - 98.89
when its break the trend its may retest a little then move upto the targeted level. after breakout of trend line you should look for retest and get entry there on confirmatioN(candlestick RSI) upto the that zone. after reaching the pattern completion you have tp enter there upto the targeted area. its my own analysis im still learning forex i hope this will...
Embarking on this trade has the potential to unlock substantial gains. The allure of this trading setup lies in its composition: a Bullish Gartley Pattern harmonizing with RSI Divergence. This synergy is reinforced by the prevailing weakness of the JPY. This confluence presents a promising opening, notably amplified by the market's respect for the support...
We have 4HR PPO confirmation at a Previous Support Level that aligns with the HOP levels of a Bullish Gartley and Bullish Crab pattern. If we get the expected performance, the NZD will hit 0.85 CAD, but could go as high as 0.89 CAD which would be the 1.618 Extension.
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) Recently we caught a nice trade of BTC as below: Now on a 2-hr time frame, BTC has formed a bullish Gartley for the next bullish reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck...
Hi dear friends, hope you are well and welcome to the new trade setup of Livepeer (LPT) token with US Dollar pair. Recently we caught almost 130% pump of LPT as below: Now on a 4-hr time frame, LPT has almost completed a bullish Gartley for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
See how volume was drying down and was not validating the rising price. Then we had this red Outside bar on raising volume that occurred at the exact 1 to 1 point. Also, it occurred above a previous high so we might imagine that stops were taken. This was also the 61% retracement. Another confluence point is a Divergence from both the 8 and 14 period...
We have a Gartley or AB=CD potential from the 61% retracement level. Volume is drying down which is a leading indicator of price. SPX500 regularly tests the 78% range which was going to make the setup called Gartley 222. I personally look for these at the 61% levels and the 78%. Quite possible to see a few stop hunts until we see a decisive move down, but...
Potential Upthrust in this area. Waiting for a 3-wave correction for a valid Upthrust. Then a good entry bar will be needed for a trigger. Notice Stochastic enter overbought so good for confluence. Sett spot trade is also possible, but looking for people to be trapped.
Australian Dollar Starting with the weekly chart, consolidation is evident. On the daily chart, a retest of the previous support within the consolidation. A four-hour chart shows an RSI divergence—a gem for counter-trend traders. The one-hour chart mirrors this setup. Reading trend movements with precise filters is pivotal to distinguishing buying from selling...
Hello traders! Let's delve into the Pound-Dollar landscape and identify potential buying opportunities. 🇬🇧💱 📊 Weekly Chart Insights 📊 The bullish trend on Pound-Dollar persists, presenting a potential buying chance this week. On the weekly chart, the market retraced to the previous support level, respecting it at 1.2632. This could be a zone to watch for...
Hi dear friends, hope you are well and welcome to the new update on Bounce Token (AUCTION) with US Dollar pair. Our last successful trade of AUCTION was the below one, and that was almost 300% pump. Now on a 4-hr time frame, NMR has almost completed a bullish Butterfly move for the next price reversal. Note: Above idea is for educational purpose only....
IOTXUSDT has completed bullish bat pattern as it is trading at support zone and also has form bullish divergence. Will the bulls take charge and push price higher ?
Hi dear friends, hope you are well and welcome to the new trade setup of Voxies (VOXEL) with US Dollar pair. Previously we caught almost 187% pump of VOXEL as below: Now on a 2-hr time frame, VOXEL has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...