Many touches and support at this price from last consolidation, always wait for confirmation and then attack. We can see the daily MACD giving us a good entry after this consolidation over the support line, last time price was at this levels and the MACD gave us this signal ADA when nuts doing over 180% in 40 days. We always try to look for the trap in our own...
Hey guys, this pair has been on a strong bearish trend. However, after the run on stops seen on the daily chart, i expect it to go up.
NEOUSD Pin Bar EMA 10 EMA 20 Horizontal Support Level and 50% Fibonacci Retracement Level
eurusd is making double bottom at 1.18500 demand zone and its also the daily pivot point and very strong support area look for bullish confirmation on lower time frames and enter long with your own money management always remember that patience is the key to become a successful trader in financial world
After a strong sell off -59pts or -1.39% (supply) for S&P 500 on last Friday, 18 June 2021, this is a potential start of a market correction. Here are 2 key support levels to mark on the charts if index continues to fall. 1st Level: 3,850 High Volume Area Fibo Retracement of 23.6% 10% fall from Peak 2nd Level: 3,400 High Volume Area Fibo Retracement of...
Based on the chart, price previously broke a major resistance area and now a pull back (or maybe a correction) has completed. We can clearly see that the power of sellers at this area decreased and today a good rejection is about to happening (which can be a good sign of buyers power at this area). So based on the mention scenarios, I prefer to be buyer at this...
ADD TWITTER AT 53$/43.5$ WE SEEN 59$/64$/73$/78$ VIEW INVALID BELOW37.5$ CB SL NOTE : VIEW ONLY FOR EDUCATION PURPOSE.
price is under monthly and weekly historical resistance.if resistance hold the price then can expect price to test the 131.00 support zone.but if price break the resistance then we can expect it to go to next level at 133.50 then 137.00 as a strong resistance. in daily time frame support zone at 131.00 keep the price and push it up so we are bullish on EJ for now.
The $100 seems to be a good support level for this stock, which, in turn, is anchored at the 252 EMA. If it respects it and reacts, it can go back to at least $120 on a rebound. NASDAQ:PTON
A buying opportunity on USDCAD presents itself as a sideway bounce setup. Trade has engaged.
Hello traders and investors! Let’s see how NIO is doing today! First, we have a Double Top chart pattern in the hourly chart, and if triggered, it could be the start of a pullback in the daily chart. The $ 39.74 is the resistance NIO must defeat to cancel this pattern, and it is at the same time a Pivot Point, that could resume the bull trend. So, the $ 39.74...
Well, is rather rare for me to share my workings this way as I prefer clean chart, so bear with me on this. There's a bullish deep crab setup on the GBPAUD, the level that the setup end was at a Major Support Level, on the daily, 4-hourly and 1-hourly chart. The first target of the bullish deep crab pattern coincides with the assumed retracement level I was...
On the daily chart, AUDUSD is on the major support level, it does show signs of weakening of the bullish movement as the market display a series of lower-high. However, a bullish shark has completed and waiting for a retest for a buying opportunity gives a great Reward is to Risk ratio.
I'm waiting for a retest to the previous support level at 0.6636 for a buying opportunity as a Harmonic Patterns 5-0 Pattern. If the market retraces back to the bearish shark pattern setup, I will then look for a shorting opportunity.
Wait for break AND retest on the 1 hour TF enter 15 min TF CONFIRMATIONS OF 2 BULLISH or 2 BEARISH candles DEPENDING ON BREAK OF ZONE (FLOOR OR CEILING) 25 Pips TP 25 Pips SL 1;1 RISK/REWARD EXAMPLE 0.01 per every £100 in account 0.02 = £200 0.03 = £300 0.04 = £400 0.10 = £1000
USDCAD : To get a good buy position, we are waiting for a suitable candlestick reaction to the specified support range
LTCETH Expected to Reverse and Outperform Ethereum Price has been trading in a downward channel for the past months and is approaching the long term support where price has rebounded before multiple times Technicals: MACD on the daily is bearish, so may need a few days to reverse but weekly and monthly histograms are about to turn green (weekly) or reverse...