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AUDUSD PRE-MARKET ANALYSIS MARCH 14, 2021OVERALL TREND: BULLISH ON DAILY AND WEEKLY As we can see on the 4H TF, the market is at a corrective movement following a slight uptrend across a major key zone. Taking into consideration we broke into newer lows shown on the vertical zone. We have 3 options to go from here. Either price hits and retests zone 1 which acts as resistance to push the market down, breaking the trendline towards the downside, and hits the support level zone 3 which is a strong support level, and continues bearish. Depending on where the market goes, we have a short opportunity at key zones 1, long opportunity at key zone 2, or both a potential long or short entry at key zone 3, depending on what price shows at the 1H TF.
by Trader_366_FX
ETHEREUM CONSOLIDATING WITH A TWO WEEK TARGET TO POPMarch 11, 2021 I shamelessly deleted my bottom ascending trend line on this ETHUSD pairing to adjust for some near-term, bullish, consolidation that is happening. This consolidation is making the price-target higher, but pushing out the timing. On this 4hour chart, closing candles are holding the 25day moving average, and wicking down to the 40day moving average. I drew that squiggly green arrow for reference only, to help visualize the idea. I doubled-down my 2X leveraged position last night during the mini consolidation "dip", decreasing my liquidation price. Feels good. I'm currently still "in-the-money". Now looking at the 2200 - 2700, still, within the next two weeks. Let's see how this plays out. Hit the LIKE and leave a comment! All the best, Happy and safe trading, - Cryptmando March 11, 2021
BYBIT:ETHUSD.PLong
by Cryptmando
1
EUR/JPY is looking like a possible reversal at 130.50...Prior EUR/JPY chart: BoJ source report suggesting that more tolerance around the 0% central target for 10 year JGBs may be looked at in the upcoming policy review along with bigger reserve exemptions from negative rates. Meanwhile, hefty 1.2 bn option expiry interest at 108.50 may underpin Usd/Jpy, while Eur/Usd could be hampered by 1.1 bn rolling off between 1.1915-10 at the NY cut having faded into last Friday’s pre-NFP high (1.1977) and Aud/Usd will at least be aware of 1.1 bn spanning 0.7725-10 even though the spot price is considerably higher at present. EUR/JPY is looking like a possible reversal at 130.50 may happen over the next couple of days. Price may fall sharply off this level.
by FTUKcom
NZDUSD Local S/R| Swing High| .618 Fib| Price Action Evening Traders, Today’s analysis – NZDUSD – Trading below current Local S/R where a rejection is probable, Points to consider, - Price Action impulsive - Local S/R Resistance - .618 Fibonacci Resistance - Oscillators Neutral NZDUSD’s immediate price action is impulsive, trading below its Local S/R that has technical confluence with the .618 Fibonacci, allowing for a short bias. The current Oscillators are trading neutral in their respective bearish control zones, remaining in these regions is indicative of weakness. Volume Profile is currently below average, an influx is needed when a true expansion occur to help avoid false breaks. Overall, in my opinion, NZDUSD is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “The expectation that you bring with you in trading is often the greatest obstacle you will encounter.” ― Yvan Byeajee
Short
by AzizKhanZamani
5
BTC - H1/M15 - SIDEWAYS PRICE ACTION...H1 : In a sideways, slightly downside price action. Clouds are acting as a resistance zone to break. 2 upside breakout failures so far. On the downside, a clouds support breakout would directly put the focus on the 47000 area (yesterday's former intraday low !), ahead of the double bottom area around 45000. M15 : Sideways price action. Watch clouds support zone. A downside breakout would put the focus on former low of 48050 ahead of 47000 as mentioned in H1
BITSTAMP:BTCUSD
by Ironman8848
2
EURJPY - Short Position - 2nd Leg Lower?Hello all I have been watching the Yen Pairs for a few weeks and after catching the first break out lower, it has now retested the dynamic resistance line where price has been steadily climbing higher the past few weeks. I'm now in a short position looking for price to head back down to the Monthly Pivot Point I think the recent break out higher in the stock markets are a stop hunt and I expect them to turn lower in the coming weeks Reason for entering is Reached Dynamic Resistance On the Weekly R2 Pivot It could head higher to the Monthly R1 first as that would be nearer the 61.8% Fib retrace Price action in that the bears had far more control in the previous few days and the bullish candles are very small in comparison. Cheers Duncan
Short
by DividendDuncan