Hello fellow traders! XAUUSD has broken a key level and has now a potential fib retracement level to reach. Checklist: ✔BULLISH CONTINUATION MOMENTUM ✔RSI IS IN THE BUYERS AREA ✔SUPERTREND IS IN BUYERS POSSESION ✔FIB RETRACEMENT HAS PASSED 100% LEVEL AND SHOULD TEST 161.80% LEVEL 11,112 Pip Analysis
If you have been following me, you should know that I was a born counter-trend trader, but you might not be aware that I am also a Breakout trader. What I love about breakout trading is the sudden spike of movement that brings me instant profits; nowadays, I do lesser of those trading setups. I'm waiting for a break and close above 0.9345 for further confirmation...
The bearish trendline has been broken with the price level to confirm the new bullish trend. Five stars trade, aligned with my rules: ✅ market structure ✅ price momentum ✅ price action signal ✅ retracement fibo 0.5
• Last Friday we nailed the bottom on the index, and it went up nicely afterwards; • However, the SPX is back to our support level, and it all depends on how it’ll react from here; • By losing the 4,028, then we might see a sharper pullback, and the 21 ema in the daily chart would be a good target to work with; • If we react, then the bullish bias will persist,...
Hello! Here you have a quick analysis on AUDSGD, which is currently moving in an uptrend. We can expect another move up, creating a higher high on a daily timeframe. EMAs and MACD are also bullish, so we have multiple factors of confluence.
Adf foods Massive consolidation and breakout With good volume Stay long
The overall trend on GBPUSD is heading towards the upside, a bullish trend if that makes more sense to you. I'm waiting for a buying opportunity. on a Bullish Deep Gartley Patterns that complete at X, I'm aware that most harmonic patterns traders don't trade Gartley Pattern the way I did, but I have other filters in place, and I've been trading harmonic patterns...
Ethereum Bulls are ready to move up to $1359 Resistance range as my 1st TA, ones they break my box I expect price to Target the $1500 R next. The current consolidation is a sign of capital accumulation phase by Buyers as they continue to print clear Higher lows on Support The whales are protecting from price going any lower and ETH is likely to see more upward more.
GBPJPY, I'd spotted this potential trends continuation setup, a double top with RSI Divergence on the dotted line is what I'm waiting for. Aggressive trader could wait for a 3-bar reversal on the dotted line.
Price is in a up trend on multiple time frames. This added with a counter trendline breakout in the direction of the bigger picture trend singles a move to the upside. Clean charts are the best. No need to overcrowd the screen with indicators to the point where you cannot see what's going on on the chart. Keep this simple guys and never trade against the trend....
This is a follow-up detail to my previous analysis of this commodity where we closed the week with approximately 200pips profit. Oil prices plunged about 1% on Friday after top crude oil importer China widened its COVID-19 curbs, though the price of oil rose during the course of last week's trading session after a significant breakout of the much anticipated...
I still can not upload videos here on Tradingview; So for the GBPUSD video kindly visit my youtub channel for details. Please note that I will be dropping updates on this analysis in the comment section of this broadcast in the new week. Cheers! As inflationary pressures loom on the UK economy, the Bank of England Governor is hinting at their willingness to raise...
Advance trader who can plot a similar bullish trendline and have your alert setting as once per bar close and wait for buying opportunity once the market touches it. If you face challenge doing that, keep refreshing this analysis until you can see a link under related ideas.
Still not in a short position but was expecting to see this push down. Just thought id break it down and show the next couple areas I'm interested in, long term I see the trend continuing but ill be looking for longs on the retracement just in case.. always remember to trade with a plan and stick to it!
As always make sure stops are at break even if you took buy trades, price is in an area of 2 key levels as highlighted and can do anything from here... (create a right shoulder for a short) or ( continue long term continuation to the upside). I believe price will be slow and will be waiting for a reaction to the fundamentals before giving a clear direction!
EURUSD is at peak level towards a strong bearish movement as DOLLAR INDEX is moving on the upside
Probably "the most important" Bullish Shark Pattern of the week. I'm waiting for the market to fulfil the Shark Pattern at 0.5583; for that to happen, a 3-bar reversal has to be seen. What is more important than the Shark Pattern is the fulfilment of the 5-0 Pattern. The market shouldn't break and close beyond the red box that marks 5-0 Pattern, and when that...
Counter-trend traders do take note, if you are looking for a trend-reversal trade, it might not be the time yet. What I've spotted is a potential Bearish Flag Pattern, the Flag Pattern confirmation will happen when the candlestick break and close below 0.5560, so I say, "Hold your horses!" Let's see what pans out. Check out the related ideas at the bottom to...