Observation: Broken from below of downtrend, currently forming a downtrend, expecting things to continue going downwards until we reach the price of 0.00000750 on PEPE.
It seems like we are over complicating this, pretty much we are remaining in a downtrend until we can break out of the resistance line this is simply my opinion and is in no way financial advice so please do your own research and don't get trapped in fake outs! Drop a follow and a boost for simple TA on the regular
In the FX:EURAUD 4 hourly chart, EURAUD has been in a range since 14 Oct 2022. The few attempts to break below 1.546 have failed. Waiting for a clean break of 1.546 to find short opportunity.
In the FX:AUDUSD 4 hourly chart, AUDUSD has now shrugged off the range between 0.62 to 0.635 and move higher. The 2 legged up move encountered resistance at recent high of 0.6528. With the price now back to right above the 50 H4 EMA, my inclination is to go long if the price can be supported by the EMA as well as the bottom price channel.
as of today us30 was in a little bit of a range on the lower time frames but it is on a strong support order block so in not expecting to break before completing its cycle back to previous strong resistance then i would be looking to sell to my closest order block which is where big exchanges are in the market
As we can see bitcoin is forming Inverted flag and pole pattern, so if it goes below 34455 level then a short position can be taken. Sl should be according to your risk capacity. first target could be around the support zone i.e arround 28000-30000 level. If that support zone is broken a good sell off may come in near future.
This daily chart analysis couldn't get any simpler. Price will either respect these high concentration zones or fail them.
Simplest strategy, but will take profit or hit stop loss? Just try to focus on how the waves are moving when it's breaks the downtrend line, then define the SDZ, then waiting the price moves back to this area and start a long position.
This idea is not fancy. It is simple textbook chart formations such as flagpole targets and rising channels. Many people's first indicators that they learn are the MACD and the RSI. Next comes the use of divergences with the indicators and oscillators. This chart is basic enough to be in the introductory section of a trading textbook. While it is undeniable...
On the Daily TF we've been having a series of higher highs and higher lows, It looks to be that cad can have a further push to the upside all the way to me desired target of 1.27750. Should we remain above where price currently stands at 1.26600 in the daily perspective we can see cad rise above to my target soon.
The chart speaks for itself. 100sma has been held and tested multiple times. RSI has not gone below 35 RSI. Giving it a little wiggle room makes sense to avoid getting stopped out. The ATR (average true range) is 2 points. So a stop below $127 could potentially provide enough room.
We take a look at a simple analysisNZDCHF of price is trending in a descending channel and has reached the bottom of the channel. we would be looking for a bullish reversals with a buy to the upper line of the descending channel, but if price breaks support on the other hand we would be entering sells on retest and rejection of price to previous support levels...
A simple trade; Met with daily resistance from the channel's resistance line. The candlesticks are being more than generous this time by showing their act. A good short, increase the stop loss a little more if you want to be more conservative, avoid any RR below 5. Don't go for the take profit near the support channel line because the price can bounce back to...
Watch for clean break of 1.40000 resistance before buying on the retest. Should be an easy 130+ pips.
Like my idea if you agree with me oro ther reasons.... If you are swing trader, BTC is super easy to understand chart pattern.
Like my idea if you agree with me or other reasons... It is based on my strategy that shows it is going to up because of Resistance and Support levels with chart pattern and indicator analysis which are EMA and Bollinger Bands.
Sell op 4Hr Timeframe Wait for price to break 145. with a lot of momentum and get in at the top around the 145.500 area. This should be a fake out and looks like an op to catch the ride down on the trapped traders. However price is in a strong uptrend and it actually could break 145 and keep going up. In this case I will look to get in on the second retest of...
DXY H4 - Bit of a correction seen here on DXY H4 chart, might have a little more upside mileage before gearing up for yet another downside wave, if so, eyes on Cable to push new highs and bounce yet again from that 1.35 support region.