Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Pattern: Bullish Megaphone. Signal: Bullish on the support. Target: 8.8700 (Resistance on the high volatility level).
This pair is trading on a 1W Channel Up (RSI = 56.066, MACD = 0.088, Highs/Lows = 0.0000) which is currently struggling to get past 8.8277. The danger of creating a Double Top rejection is valid and since we are inside the 1W Resistance Zone, long term investors should start considering a short. However until the Channel Up breaks we are targeting 8.8277 and...
The pair is trading inside a 1D Channel Up (RSI = 51.618, STOCH = 45.324, MACD = 0.059) and has just made a Higher Low. We are expecting a rise towards a Higher High next. TP = 11.6200. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Hi there. Price is at the top of the pattern (b wave) for one more down move (c wave). Watch strong price action at the current price for sell.
Pattern: Channel Up on 1W. Signal: Bullish after since pattern made a Higher Low. Target: 9.1000 (just below the +8.80% extension).
NOKJPY has been on a 4H Channel Up which according to its neutral RSI = 51.365 and Highs/Lows = 0.0000 has reached its Higher Low. This is a signal to go long. This Channel Up is identical to the previous sequence that made a 13.010 High. On 1D (MACD = 0.026, Highs/Lows = 0.0133, B/BP = 0.0028) the trend remains bullish as long as the 12.600 support holds. Our TP...
The pair has made a Lower High on the 4H Channel Down. With 1D a Channel Down also on bearish stochastics (STOCH = 35.614, STOCHRSI = 35.614) it is more likely to get a decline now towards a Lower Low. Based on the -1.40% metric, we have a short TP = 8.52100. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas....
The price is trading inside a 1D Channel Up, which has recently priced its Higher Low (RSI = 54.649, MACD = 0.000, Highs/Lows = 0.0111). We are expecting a Higher High now, hence we are long with TP = 11.200. In case the price reverses to test the support we will open an additional long at 10.800. ** If you like our free content follow our profile...
Pattern: 1D Head and Shoulders on a positive gradient. Signal: Long on the formation of the right shoulder. Target: 9.95100 the neckline's high.
The pair has been trading within a 1D Channel Down pattern (MACD = -0.003, ADX = 20.845, B/BP = -0.0351) with the neutral RSI, Highs/Lows indicating that it is near a Lower High level, hence an optimal short spot. As seen on the chart the High - Low sequence has been fairly straight forward and although it may hit 6.4600 again, the current level offers a...
The pair has been trading within a long term 1W Channel Up (RSI = 55.524, MACD = 0.145) since last April and according to its neutral Highs/Lows (0.0000), it is near a Higher Low. Based on the Higher Highs/ Higher Lows measurements, the next Higher High is projected on a +6.50% rise at 9.0000. We are going long setting however a more modest TP at 8.82250...
Both Eur/Noki and Usd/Noki seem likely to at least retrace the last 5 wave impulse (seem completed) they made which would likely break previous swing high. My friend posted exact entry and after I looked a little further they see to be turning down. I would have to recommend waiting to enter on a correction considering how far they already pushed down though,...
The pair is trading within a 1D Channel Down (RSI = 44.336, MACD = -0.054, B/BP = -0.047) and it has recently priced its Lower High (Highs/Lows = 0.0000). The downside potential for a Lower Low is strong but attention is need as it may be limited by the existence of the 1W support at 12.9720. We are therefore selling for limited profit with TP = 13.1060 (previous...
GBPNOK is trading within a long term 1W Channel Down and has just made a Lower High. With 1M neutral on RSI = 51.074, CCI = 29.2202 and Highs/Lows = 0.0000, the price is on the most optimal levels to short on the long run. TP = 10.56170 & 10.4500 in extension.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
The pair is trading on a long term 1W Channel Up (RSI = 56.126, MACD = 0.050) that is near or has priced its Higher Low (Highs/Lows: 0.000). Long term buy position with TP = 8.6500.
=> This week we have BoC on deck with a widely anticipated rate hike. The sales and consumer prints last week came in softer than anticipated and we see this as a great valuation driven pullback. => Here we are targeting the recent highs with stops at the lows. From a technical point of view we can see the early longs had their stops run on the data pullback. =>...