USOIL is trading in descending channel and currently the price is at resistance level of the channel. As red candles from resistance level showing good sell momentum , it seems like bears will take control and send the price to even lower side.
According our observations, there are just a little more sellers in the market. Remeber we could just gauge traders which are not big players in the forex market. Most main important levels are 0.8690,0.8595 and 0.8520. We use the rest of them just for riskfree and saving profits. We'll long around 0.8595 and also we aim to short the pair around 0.8690. the...
EURCAD has an untapped 4H demand, from which we can place long positions with SL below the previous wick, and tp just before the next 4H Supply.
Hello Traders! On The Daily Time Frame, The USDCAD Reached a Strong Support Level ! Currently, The Price Failed to Create new Lower Low 📉 Moreover, The Resistance Line is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 1.35340🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Updates: G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity...
Approaching trendline (orange) while just sitting above the 200ema with a bit of resistance around that area. Last couple candles closed above all emas with wicks touching the down trendline. Price reaching an area of confluence with the trendlines and ema's interacting with that S/R line @1.970
Hello Traders! On The Daily Time Frame, The EURCAD Reached a Support Level ! Currently, The Price Failed to Create new Lower Low 📉 and formed a Double Bottom Pattern ! Moreover, The Resistance Line is Broken🔥 So, I Expect a Bullish Move📈 ----------- TARGET: 1.48350🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
A promising setup for GBP/JPY this week would be to closely monitor the potential supply levels around and keep an eye on any bearish confirmation forming in that region. Additionally, watching for any negative news releases or economic data related to both the British pound and Japanese yen could provide valuable insights into potential price movements. ...
📈💹 Expert Level Trade Ideas: New Zealand Yen and New Zealand Dollar! 🇳🇿🇯🇵 On New Zealand Yen, we have an overall uptrend movement. Daily chart shows a bit of pullback. Four-hour chart indicates increased volatility with new lows and highs. One-hour chart has a retest of previous support level with a bit of RSI divergence. 🔍 Trading Strategy: Hidden trading...
Here is my current outlook on the potential Supply and Demand aftermath of today's grab of 1925 Institutional Orders on news release. It does seem to me buyers are still heavily in control and are looking to fill out more bids higher up from 1925. This would mean looking to target BEYOND 1987's now filled and confirmed weak supply ...
Traders, In my last post I alluded to SPY. I stated that it remained in breakout territory which is still true today. I stated that as long as we remain above 450, I remain bullish. Still true. In fact, all that has happened here is that we have a classic retest of previous resistance taking place currently. If we break below, another story may unfold and I will...
We are currently in a bearish pullback on the daily and the counter-trend trade on the H1 just hit my TP. Im now in a short trade aiming for daily demand as my TP. Let me know your thoughts in the comments.
Today all sector and index also down but 1600 is that level working as support take risk on yours side no recommendation for buy or sell support level 1600 good 👍
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on H4: Left Chart As per my last analysis (attached on the chart), CHFJPY rejected our 158.5 support and traded higher. Now CHFJPY is sitting around a strong supply zone so we will be looking for sell setups on lower timeframes. on M30: Right Chart CHFJPY is forming a...
Solana has been undergoing a phase of profit taking causing price to retreat toward this support, after the run up this year. The run so far, for those who bought the absolute bottom at $8, amounts to a 297% gain, over the past 7 months. I am watching to see how this support zone holds up and keeping in mind the cloud is forecasting a steep sell off. Price...
Eurusd Has reacted off a Monthly supply/resistance zone, we are currently seeing a pullback into potential support/demand zones from where price is going to continue its bullish trend.