EURGBP is currently ranging but there are a number of patterns on H1, M30 and M15 to sell this pair. There is a M15 double top with Divergence now. Stop loss is just 30 pips and target is 60 pips.
The MLQP is at hand, will the bears continue to push dollar beneath MLQP but remain in the hesitation zone and reverse at the PRZ? Only one way to find out
GBPUSD is still on the downtrend with the bears not backing out anytime soon. However, there seems to be a change in trend as the pound creates a higher low. Question is, will that support hold and be enough for the bulls to change the course of trend towards the LQP and reach the D point of the Shark Pattern?
Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always. Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe: 📌 Technical Analysis Highlights...
Is it time for BTC to go down? Is this the start of a possible 5th wave? This is only one possible TA for short, although there are many arguments and the possibility that BTC is still going up. But currently the risk reward is so good that this trade looks very attractive. The analysis was made with Fibonacci, Elliot waves and harmonic patterns. Currently BTC...
Fellow traders, listen up! We've got a promising setup on the 4-hour timeframe for NASDAQ that's worth your attention: 📌 Technical Analysis Highlights 📌 💰 Reversal Strategy: After securing nearly 1000 points with short positions, it's time for a strategic shift towards buying opportunities. 🦇 Bullish Bat Pattern: The price action has completed the D leg of a...
AUDNZD is current in 1) A daily downtrend 2) A H4 downtrend 3) Hitting a strong resistance 1.0710 to 1.0732 4) A crab pattern to sell We will take this trade with the hope it will hit the bottom again. Risk to reward is 1:2
Hi Traders! Medium and Long-Term Trends are bullish, but in short term SP500 could remain bearish even after a pullback. If we look at daily chart, the Price Action is approaching an important support area around 4,305, if from here it triggers a bullish leg, it's possible a harmonic structure formation (for us, bearish). Having said that, we have a first Target...
Is USDCHF exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.9160 followed by 0.9094. What you guys think of it
Hy dear Members. We are here to discuss about DXY. DXY has breaked the main resistance level. Here it has Maximum chances we can see again a good Bullish wave. In this move we can see price around 108 soon. That is a strong resistance level. From that level we can see again good drop in price. Keep in touch we will update further soon.
Calling all traders! We've uncovered a glittering setup on the 1-hour timeframe for Gold that's simply too good to resist: 📌 Technical Analysis Highlights 📌 🔷 Bullish Gartley Pattern: The price action has elegantly formed a bullish Gartley pattern, and not just that, it has successfully completed it. The confirmation is a bounce precisely at point D. 🕯️ Bullish...
I'm actually waiting for a huge pull back on the daily or weekly chart for sell entries. Support areas were hit several times indicated by the green arrows and we also have a D point entry leg on the crab harmonic pattern bouncing off that same area of support for added confluence. Great week ahead.
In WTF, Butterfly pattern Prize reversal zone near 1.272 level.
In WTF, => AC<1 which indicates a bat pattern target of 0.886 level.
In weekly time frame, =>XB around 0.786 and AC>1 which indicates extreme shark pattern => We can expect a prize reversal around 1.272 level.
There is a bullish Butterfly Harmonic pattern forming on US30 with strong support, making it a favourable long setup.
Attention traders! After successfully bagging a 1:8 risk reward ratio on the recent rally on S&P 500. There is an exciting Nasdaq setup on the 4-hour timeframe that demands your attention. Here's the breakdown: 📌 Technical Analysis Highlights 📌 🐻 Bearish Gartley Pattern: The Nasdaq chart reveals a bearish Gartley pattern, hinting at a potential trend...
Hello guys and girls, it's been a year and a month since I published my last idea, but guess what? we are in the same accumulation period as we were 6 months ago. This is my last idea: As you can see, the price action is being boring, all the action is below that fib retracement .236 in smaller TF you can get some profits with low risk, but nothing to be crazy...