Here is my latest structure analysis and important support and resistance, supply and demand zone to watch and trade next week. Consider these structures for pullback / breakout trading. ❤️Please, support my work with like, thank you!❤️
USD/CAD H1: Ascending Triangle Hints at Potential Downturn, Shorting Opportunity Emerges! The USD/CAD pair on the H1 timeframe presents a potential selling opportunity due to the presence of a well-defined ascending triangle pattern. While ascending triangles can be continuation patterns, a breakdown from this pattern, especially on higher timeframes like H1,...
The NASDAQ has ascended for a second leg and is now poised for a potential deep pullback to test the support zone. This support area aligns with a key weekly level that typically needs to be retested before the index can mount a continued rise. You should keep a close eye on this trend, as it could present a significant opportunity in the coming period.
Tradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. As mentioned in my streaming, i mentioned that usd has no major change in its price structure, likely more upside and bias to long for the majors. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you...
DXY - Weekly For me, this chart is bullish, HL's and HH + symetric triangle breakout
Dollar Index is trading in a bullish trend. The price formed a nice bullish triangle on a 4h time frame, its resistance breakout is a strong bullish signal. The market will most likely keep growing next week. Next resistance - 104.5 ❤️Please, support my work with like, thank you!❤️
UPDATE: Head and shoulder patterns continue. BTC is following a 1hr trend (blue lines). Pay attention to the lower high BTC is about to create. The USD markets are on a holiday break, if the USD news is bullish for GoodFriday then BTC will continue to drop. ***Fed Powell is speaking as well. This could be the start of the biggest pullback in BTC History. I am...
USDJPY has reached but yet failed to cross over Resistance A (151.950) since last Wednesday. The prevailing pattern is a Channel Up so wait until a 1day candle closes over Resistance A and buy the break out. Target 155.500, which would be a symmetric bullish wave as the first one of this Channel Up. Previous chart: Follow us, like the idea and leave a...
USDCHF is overbought on the 1D technical outlook (RSI = 74.650, MACD = 0.007, ADX = 47.655) as it hit the top of the yearly Channel Down. That is exactly on the 0.786 Fibonacci retracement level, where the LH prior was always priced, also after an approximately +8.50% rise. The 1D RSI is making a reversal inside the overbought zone and we are about to form a 1D...
Bitcoin’s (BTC) upward momentum has shown a significant decline for the past two weeks or so. This development led to a bearish signal on the weekly and an uncertain outlook on the monthly. As a result, BTC might not be clear of potential sell-offs. Bitcoin’s weekly chart showed a bearish Swing Failure Pattern (SFP) confirmed on March 17. This technical...
Hello traders, EURAUD has been moving sideways for a period. Expecting this sideways movement to finish at 0.786 - 0.88 Fibonacci levels. SHORT Entry - Watch the rejection of the sell zone. - Look for a reversal pattern in that area. - Stoploss: above the highs - Target: 1.63592 ( -0.27 fib ) Goodluck and trade safe!
Hello traders what you think Gold pair NES resistance levels 2230 📉📊📈⤵ Gold pair technical analysis Gold pair take new resistance levels of 2230 pullback Berish support levels 2140 Follow risk management Safe trade don't forget like this analysis
Hello Traders ! On Tuesday 19 March, The NZDUSD Price Reached a Support Level (0.60608 - 0.60384). Currently This Key Level is Broken ! So, I Predict a Bearish Move📉 TARGET: 0.59730🎯
Hi Traders ! Previously, The EURUSD Formed a Bearish Double TOP Pattern. Currently, The Price Retreated To The Resistance Level and Failed To Break it ! So, I Predict a Bearish Move 📉 TARGET: 1.08080🎯
The EUR/USD pair on the M30 timeframe presents a potentially ambiguous situation with an expanding triangle pattern. While this pattern can signal a breakout in either direction, some caution is advised before entering a long (buy) position. Potential Long Trade : Entry around: 1.0823 (current price) Target Levels: 1.0880: This represents the upper trendline of...
Here is my latest structure analysis and important key levels to watch on EURUSD. Resistance 1: 1.0840 - 1.0865 area Resistance 2: 1.0922 - 1.0943 area Resistance 3: 1.0964 - 1.1000 area Support 1: 1.0785 - 1.0805 area Support 2: 1.0695 - 1.0709 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Layers 2183 - 2181 Sl @ 2176 1st tp @ 2188 2nd tp @ 2197 3rd tp @ 2208 190pips from the 1st entry secured, time for round 2! ( check related ideas section below)
I hope this analyse finds you well. I wanted to bring your attention to the latest developments in the gold market. Despite facing headwinds from a strengthening US dollar, gold prices are poised for their fourth weekly rise in five weeks. This resilience can be attributed in part to the supportive stance of the US Federal Reserve, which has maintained its...