Hello traders, BOJ meeting could change the market direction. Daily view: There is one entry and three TPs for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Sure! Here's a condensed version of the format for writing trading ideas on TradingView: 1. **Title**- GBPUSD DOWN for liquidity 2. **Symbol and Timeframe**- 5 - 15 min 3. **Overview**- GBPUSD will be down to grab all the liquidity as shown **Disclaimer*- Only my viewpoint take trades on your analysis.
Analysis based on supply and demand points and price action
Attacking Buyside liquidity. Entered Long from the FVG, red line below indicate we are above the opening Price for the day. Bias is Bearish but Im moving in to clear the highs and awaiting shorts.
BANPU | Thailand SET Index | Energy Sector Chart Pattern Weekly Timeframe Cup&Handle
The instrument is still in a bearish mood, the sellers dominate the market. After consolidating under the strongest support at 1.162, the price falls to the lower border of the descending channel and just there the old support level from June 2020 - 1.142 passes, but the price stopped at the level, we see a slowdown in movement and a decrease in intraday...
The instrument continues to correct up to the resistance of 40600.0 It is too early to talk about a change in the global trend, so we can still see a drop in Bitcoin. I expect a false breakout of the resistance 40600.0. Fixation under it and further decline to the level of 30000.0 Do you agree?) Your Solldy. Trend change
Opportunity to buy Gold as in the chart, I can see Bullish Flag or Falling Wedge pattern. This patterns are trend continuation patterns. So, go ahead and grab some gooooold...... If price breaks the upper downward trend line, then buy Gold and sit tight. Moreover, I am expecting market may crash soon and so, I strongly believe Gold is likely to shine.
Hello avid investors and traders out there, I will make a little study market of Bitcoin. Bitcoin is in weekly consolidation for the 9th consecutive week and last week's candle closed in doji for the third time in a row. Suffice to say that nothing has been going on for 1 month and a half because the price is still in the range without giving any indication on...
I think the power move by the bulls is exhausted at the 107.04 resistance. Buyers cannot sustain their enthusiasm beyond that zone. If you are long, be looking out for signals that you should take profits. This should not be taken as financial advice but based on my interpretation of the market.
Price has formed a three bar reversal just at the touch of the 115.62 resistance. I believe it will break that resistance. Look at the volatility of the bars. Long when market opens and use proper position sizing and risk management. Price will go northwards and find resistance at the touch of the trendline or better yet, at the 117.07 level.
100% PRICE ACTION As we can see, usdjpy has broken a very strong structure that it has struggled to break for weeks, bulls tried to step in to break above but were over powered. Price then tested the area once and bounced off, confirming that bears are in controll. we are now waiting for a second retest at this structure before entering. Price action is king,...
In my trading view, it's a bit dangerous if trading at this level. The Index is nearing Old High, but that is still on Lower Channel Line. I have 2 scenerios: 1. The Old High can be a strong Resistant Level and makes a correction. However, placing a Short is a danger in the short-term uptrend until seeing a clear reversal signal. 2. The Index is on the Lower...
Looking at amazon on the daily and hourly time frames I'm thinking that price will probably range around here a little bit but overall I'm looking for price to push up very strongly. From a psychological standpoint I'm seeing the $1000 as a big number and price has been over it a few times. I'm thinking that it is now a weak psychological number and price can...
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
Fresh level of supply now being tested. short bias. price could go down lower to opposing level of demand. 1st target would be the recent pivot low created.
Overall movement: Downtrend Looking for a trend continuation trade at the key area of 113.30
Here we have a developing cypher pattern on the Swiss verses the US dollar. This pattern agrees with my strategy where the bearish pattern completed in the positive deviation area of both the last 100 and 200 moves. this pattern is likely to rally down into the negative deviation , but i have placed my limit at the .618 extension of the BC leg, because i had a...