Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDUSD has been trading inside a big range between 0.587 and 0.605 and it is currently sitting around the lower bound so we will be looking for buy setups.
NZDUSD is in the making of a potential double bottom pattern, but it is not ready to go yet.
🏹 For the bulls to take...
✅GBP_AUD is going up now
And the pair broke out of the
Local range so I am now
Bullish biased and I think
That the pair will go further up
LONG🚀
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✅AUD_CAD is trading in a range
And as the pair is in the downtrend
The next move is also expected
To be in the downward direction
SHORT🔥
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Hello,Traders!
USD-CAD is trading in a range
And the pair is going up again
To retest the horizontal resistance
Of the range, so despite the setup getting riskier and riskier
Every time the range boundaries get retested
I think there is a good chance to see a pullback
And a move down towards the support below
Sell!
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Hello,Traders!
AMAZON is trading in a massive range on 1D chart
And as you can see the price has hit the range resistance
Also, one might notice a double top pattern formed
Thus, I am bearish and I think we will see the price drop
To about 3180 which is the final target for that trade
Sell!
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See other...
Hope this idea will inspire some of you !
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Kindly,
Phil
Very interesting resistance/support found at 36847
It touched several times before bounce had to fully pan out. Now bearish movements being stalled by the same resistance line that was drawn before.
This is an example of a scenario where a range-trader might see some points of interest, some of them are listed below:
1- This drawn resistance around 112.000 is an important one, which has not been trespassed for the past 14 months (+-);
2- As we can observe, also, with the support of the indicators (Stoch + CCI), this might be an overbought zone;
3- If we zoom...
ETHUSD Range trading whilst DXY rallies
Dollar strength today is forcing Alts onto a back foot. See DXY
charts and comments to get a better handle on when to trade
these, needing DXY weakness to really thrive with the tail-
wind behind them. But when this littel dollar counter-rally
ends DXY should fall back to 91, over 2% from here and give
the Alts a big...
Trend-following strategies produce good profit, when markets fall or rise. But when we face with range market conditions, such trading strategies give a lot of false signals for opening deals. What should we do? The answer is simple - we must have rules for range markets. Sometimes it's not easy, and trading in range need more knowledge, experience and deep...
