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xagusd Gold is a big sell for next 5 Years ?Look left structure leave clues. i think for next some year 4 to 5-year gold will be in bearish or you can say I am insane or something wrong with me only time will tell. fingers cross. I think there is a very high probability of gold to be bearish because if you compare this rally with previous years it is very short and has a very huge start of corrections maybe I'm wrong I don't know what the hell will happen in the coming years for gold to go down. i strongly believe that structure is showing me bearish i will go with structure.
TVC:GOLD
by Hamza-Malik
4
ETH USD PLease Hold your Longs!Hi All Since these are my first few posts on Trading view so If could could kindly give me a link and feedback if you like and agree, and if not please still comment, share and help support much appreciated ! So today ETH has reached another ATH against USD with high being at $3619 which is incredible bullish gains for ETH and means ETH will continue to the Estimated $7000 in 2021. Amazing for ETH as predicted alreading in 2019 and but I know you may not like to read this idea, BUT I notice on todays chart that there is a Bearish divergence arising on the 1hr chart. This can be seen from the resistance and support levels on RSI indicators and can be seen on the Uptrend analysis on the charts. On the charts I have included these lines to show, We can also see that today ETH had a very long bearish red candle which we shorted all the way down to the EMA line at 4020. It did not go lower than the EMA, FOR NOW! So with with this bullish divergence new, it could mean that we see a regression down to the bearish divergence which I have measured is at 2800 .... AND if we break this, then we could try to break ETH's support which is at 2500...If ETH breaks this support line, signals a Bearish market... Also on the 1D daily chart we have a Red very Bearish candle forming, which has a few days to run down to the EMA level and lower.... Sorry to inform! Be prepared for a correction or perhaps a bearish trend down to at least 2500, However if ETH does not break below the EMA at 4200 when we see another red bearish candle, than expect that ETH could potentially continue up higher, Im bullish on ETH reaching ATH at $2700 right now in the few hours.... Have a great day
EShort
by marlenri
EURUSD 4H Possible Entry for 1:3 RRRIf we see the market structure of EURUSD it seems like an uptrend on a daily timeframe. If you see that black dark line is the strong support level respected many times. Here we are looking for the trend continuation because on 4h time frame the trend is also shifted from one downward to upward recently and making higher highs and higher lows. As the price approaches the strong support that can be seen from every timeframe it will possibly return back to the key level of 4H frame. For entry I am using the 1h timeframe to see wick rejections retracements and retest of the level. If the price retest the strong support twice on 1h candle making a W and break 1h small level it is a possible entry for 1:3 on EURUSD up to 4h key level. Stop loss is 2 times 14 ATR. Otherwise, It will break and strong support and re test it 1,2 times by making double top of resistance which will indicate that price is now breaking and trend will be downside
by mahmad01
3