I'm relatively new to trading, so take what I say worth a grain of salt. I am, however, looking for a mentor to help better understand the framework of a career in trading. To many untrustworthy people on the web to invest in advertised trade gurus. New Downtrend forming on the 1H AUDUSD could signal exhaustion in the uptrend that lasted throughout Q2. That...
I am brand new to technical analysis this is my 2nd ever chart 😅 Grateful for any assistance in getting to grips with the tools and functionality of this site as it seems to have ALOT to offer 👍🏻
Feedback please. I am just teaching myself.
The stock has been highly volatile during the pandemic. MA200 seems to work as a strong support level: two bounces in less than 2 months. I'll wait and see if it will hold again, and if it does - go long.
Looks like BTC broke out of a downward channel and retest now resistance with a move to the upside. If we break the $7300 mark I will be looking for a decent move up today
Again, very new to all this and still very new to making my own analysis’ - just looking for honest constructive feedback. Possible long set up on the EURNZD on the daily chart. Couple of rejections at resistant. Will look for further confirmation on the support before I look to place a trade on this. Risk/reward is sitting at 3 Let me know what you guys think 👍
I am making for self-learning and encourage people do their own research and analysis. If there will be any uuseful advices I will be very thankful)
New trader here, what do you think of the idea, and entry exit points ? Im looking for 1.5 x R for exit point
looking for GBP/USD to break support, show a confirmation of resistance. THEN short the market. Exit at bottom of down trend approaching next support level.
hello all,this is my first analysis published,ive marked previous resistances and the general trend,i think the market is bull. i would love to know in coments if this is viable,i learn by myself and through the internet,i dont have no more experience than this for now,looking for sugestions and to be able to use the chat and speak about some questions i have,thanks!
I have no idea what I'm doing but wanted to give this a shot and share it with some friends. Then check back in a few years to see if I was right. J
What can I say... I had fun with this one. I didn't start off taking this seriously at all, but then like I usually do, I got really into it and that I started to recognize some interesting trend patterns - so I went for it. I started by inverting the chart completely. I wanted to be unbiased about this as much as possible. I have no trades open in XRP and I am...
Hi Guys! I usually trade using several oscillators/indicators which follows an algorithm on a daily time frame. For this trade idea, I will be sharing my chart analysis using price action (Fibonacci retracement, trend lines, and zones). As seen on the daily chart, it's still testing the zone and the 23.6 fibo level before we can confirm that it will bounce way...
BTC drop ~4-5% and everybody is fearing. But Why ? What I see with Ichimoku is a return on Tenkan Sen D1 and retest of a SSB extension support. Daily Doji on 18 January said it all : indecision of the market. So now we must watch if Tenkan Sen keep price (Tenkan Sen is the weaker line of Ichimoku) or if price continue dropping maybe to Kijun Sen or at least to...