On the daily timeframe the price action tried to break the 200EMA but instead it retested it and now it's going bearish. On the 4h timeframe the price action broke the 50 EMA and now we may have an opportunity to go short. Wait for confirmation when price action retest the 50EMA a gap close towards 200EMA will be happening. Go short around 104.977 and take profit...
BTC seems to be testing this area of short term support and bouncing along the 50day EMA. I think this will remain support for now but watch for it to breakout and set entry/stop-loss accordingly...
Good afternoon traders! Today I am looking at a potential long opportunity building on EURAUD. Why long from here On Thursday we impulsively moved away from daily support (the bottom of a flat-ish channel). We then created what appears to be a bull flag against a level of resistance turned support. Yes, we are trading below the level but we are moving...
We have seen a break of the descending trendline, looking for a pullback to the newly formed ascending trendline and 50ema for a long trade.
Essa interação está realmente única... Reparem como o preço usou a EMA de 9 dias como suporte, rompeu a EMA de 50 dias, sentiu resistência da EMA de 200 dias, depois usou a de 50 como suporte, e rompeu a de 50 novamente para usar a de 9 dias como suporte! Vamos esperar algum tempo e ficarmos atentos para observar se a EMA de 9 dias irá ser rompida, o que seria...
Hello Traders Here is my view on AUDUSD. WEEKLY TIME-FRAME Description: Price closed with a strong bullish candle. This shows buying presence as buyers actually stepped into the market at this level causing bullish momentum. Bias: Bullish DAILY TIME-FRAME Description : On daily we can see we on a dominant uptrend as price is...
Bitcoin is currently in a bullish channel and looks very healthy and strong. The upmoves are not over exaggerated which is a good sign, and pulbacks like this is good long term. The price seems for the moment to follow the 50 EMA and bouncing nicely off of it! I believe BTC will make new highs. This is not financial advice, make your own analysis! Best Regards, WidTrade
Technical Analysis PG is a beautiful chart, maintaining an upward trend channel year to date; meaning very clear support/resistance levels. The 100SMA (blue line) has been long-term support since late 2018. The 50EMA (red line) has been an excellent shorter-term support. If we can cross this (now) resistance, out next resistance level is $125. *It has...
Good morning, traders. Nothing has really changed since yesterday. Today we are taking a look at the H4 Bitfinex chart. The red lines draw an almost perfect diamond pattern. McGinley Dynamic is currently sitting just above price which is bouncing off support at the moment. The targets based on the diamond are shown, as are immediate supply and demand zones. RSI...
A potential reversal may happen if the neckline/50 EMA/trend line (orange) is broken. The neckline is in an odd spot though, at the bottom of a Monthly Resistance area (pink zone) as well as headed toward a pretty respected Daily Resistance (white line), as it has 6 major rejections since May. I'm rather new and still learning to trade, so if you've got any tips...
SHORT after retest on top previous Resistance. Short signal supported by Bearish Hidden Divergence, Strong Resistance , 50 ema retest and below 200 ema! What Else can you ask for? lol. but remember it still a risk!!
Simple EMA strategy H4 Lower highs and Lower lows Waiting for price interaction with H4 20 EMA in the trend direction. There's good resistance on the pivot points as well. Entering at the 50EMA bounce downwards. Enter at the EMA cross on the 30M, 20EMA (blue) crossing 50EMA (red) going downwards Two trades 30pips Stop Loss, targets at 1:1 and 3:1...
Uptrend - Higher Highs and Higher Lows 50 EMA providing good resistance - Entering at the 50EMA bounce upward through Pivot R1 up to potentially R2 Two trades 30pips Stop Loss, 30pips 1:1 and 3:1 Don't forget to risk manage - www.babypips.com t > @bizlus
Good Evening! This is an analysis of COINBASE:BTCUSD . We're using a four hour chart, 50 EMA, 200 EMA, Fib Channel, MACD, Andrew's Pitchfork, trend-lines, H&S Patterns, and just a couple of flags ;) Let's back up to late-January where we started to form the first shoulder in the inverse H&S pattern. We finished that in early-March. Keep this in the back of...
1H chart has divergence with price and Macd. Enter trade on the 15 chart with a break-hook-go of the support level of 6818.29. TP will be what price is at on the 50 ema of the 1H chart.
Short term USOIL long trade based on intraday chart development & daily conflunce. Looking at daily chart we can see that price has decelerated around 47.50 which has acted as horizontal support & resistance level couple times in the past. Zooming in to intraday chart (1H) we can clearly see that price fails to make lower lows making triple bottom pattern on...
New long opportunity on EUR/USD after the previous opportunity didn't trigger. Please see annotations on chart for details.