uptrend

As we can see GBPAUD has broke through 0.5 fib level in a 4 hour time frame and rejected of 0.382 fib level and quickly made its way back to the entry of the candle,suggesting that there is strong buying pressure available. Aiming to use 0.5 fib level as a form of support for buying pressure

Currently USDJPY is looking to be a short position as its broken trends and resistance zones if the price retests to the previous support and respects it as a resistance level the price should continue to go short however if it breaks back into the upper resistance zone i will lead it back into the trend that it broke out of and is a possible long position.

Looking at the area where price is at. GOLD has broken out of the downtrend and is looking like it is on its way back up to at least the week resistance which is the purple area.

USDCAD just hit the lower trend line. In this area we also have a major support and our 61.8 Fibonacci level. If the currency pair keeps respecting this area, bounces and breaks the trendline that it has created on the retracement, we will probably see a +600 pips bullish move for a long-term run.

There is probably a head and shoulders in there. Trend on 4H seems to be weakening. No recommendations. My entry point was based on other methodologies.

With a wedge pattern forming and an uptrend recovery i would suggest a bullish breakout.

Using the Logarithmic view I find it quite clear to find the relevant supports and buy points. Obviously technical analysis is all subjective, and price action must be observed closer to the time on these areas to determine whether they will hold or break.

Apologies for late post here... WTI testing the multi month trend line. Recent move higher in oil was due to strong global growth and demand for oil and after US-administration confirmed they would impose sanctions on Iranian exports, the price of oil began to rally in fears of supply risk. As such traders pushed price higher ahead of the November deadline...

USD/JPY couldn't break the monthly support of 112.02 convincingly, hence a reversal in momentum following the rejection of this level. Price structure has been broken as the consolidation zone and both the EMAs have been taken out as the previous candlestick has closed above on the H4, enticing a strong bullish move. The 61.8 fibonacci retracement has been...

AUDUSD -on weekly strong support reached -oversold condition - excellent Risk/Reward Ratio -very optimistic about the trade :)

Bullish, and breakout from a triangle pattern after good results. Target of around 550p.

This stock is featuring for the first time on our TradingView blogs. Current setup: Price is above the previous all-time high and making new highs. Conclusion: We will be waiting for a breakout on the daily timeframe to look for trading opportunities as this will confirm a continuation of the uptrend. Any comments or questions, do not hesitate to leave them...

This stock is featuring for the first time on our TradingView blogs. Current setup: Price is making new all-time highs and looking strong. Conclusion: As there is an uptrend present on the Monthly, Weekly and Daily timeframes we will look for opportunities to enter trades with breakouts on the daily timefrime. Any comments or questions, do not hesitate to...

Last post: May 2nd. See chart. Review: Price continued to look bullish after breaking through the resistance level Update: Price continues the uptrend and is still looking strong Conclusion: We can look for opportunities when price breaks a previous high Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!...

CADJPY close to a Daily region, we can expect a pull back until the trend line and continue the bearish movement, or can break the daily region and continue to the up side until next resistance. Lets wait for a candle confirmation.

Evraz PLC advances higher yet again, using the 50 daily simple moving average as a ladder. Price has not gone down to test the 200 daily simple moving average which is a good sign of a strong uptrend. It is common for price to use the 50SMA as support in a good uptrend which is what is occurring here. Since the last break of resistance we are seeing more strength...

Yesterday we posted about Evraz PLC here, and today moved up over 10 points since then. Now that price is over the previous all-time high it could produce plenty of profits.

Evraz PLC is now sitting comfortably above the previous all-time high and still looking strong. On the daily chart we want to see price retest the all-time high and use it as support, followed by a breakout which will confirm a continuation of the bull trend. In May/June 2017 price used the Weekly 50 simple moving average as support. Then in November 2017 and...