150.00 is obviously an important level for the market. The BoJ certainly took notice at the breach of that level. The current intra-day trend is higher, with the US dollar appreciating against a basket of currencies.
The euro is a piece of crÄp and I have no interest in being long the single currency. So it's nice to see the commodity pairs applying some pressure to it. Unfortunately, this doesn't bode well for having cheaper oil in the near future in mainland Europe.
The EURUSD is attempting to break out of this period of consolidation. The DXY confirms that the direction of travel this morning for the US dollar is higher, so the EURUSD sell signal on the 'Classic Retest' is valid.
This just points to increasing weakness in the euro
Hello,Traders! AUD-JPY was trading along the rising support But then it has established a triple top pattern And broke the support so I am locally bearish And I think that the pair will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
GRSE is a strong breakout candidate. keep it on your radar!
As we have already sent analysis of this stock now breakout happened.. Who those caught this movement now enjoy it.... Other.. watch it
We're patiently waiting for breakout and we can make big. OANDA:GBPJPY
RSR has a high chance to get the whale pump trend since it's in a very interesting zone. At the same time its breaks with our tool at a point where before were more pump trends on other coins. Trade safe, as there is no guarantee in trading. This update shows only the reason for our choice of RSR today.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for KCS. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
The pound had rallied against the Aussie for a while. But then we went into a large consolidation pattern. This looks to have fake'breaked to the upside and now is making moves lower. We could get a continuation pattern at a break of this morning's lows. The best thing to do would be to overlay a Wyckoff schematic and see if it could be the end of a distribution period.
So, if the pound is weakening or the commodity pairs are generally strengthening, I could see a scenario where the GBOCAD breaks lower today and goes on a short-run lower. Or, price retraces back towards the recent highs, fails and then heads for a bigger swing low.
I don't trade the Head and Shoulders patterns, but I have thrown one up there as it highlights the areas where other retail traders may be waiting for a signal. Obvious one would be the neck line break. I'd want to be short before price got there and then be looking to get out as the momentum sucked in more traders. The other place to look would be above the...
VARUN BEVERAGES Falling channel Breakout Wait for retracement to enter the trade now Note : Already invested TGT:ATH SL:As per analysis
BDL is looking strong on weekly charts. Keep it on your radar as it approaches closer to its all-time high! Ready for fresh breakout!
*Supreme Industries* Time Frame: Daily Observation: * Falling Wedge Pattern Breakout * Mean (EMA) Diversion Resistance/Target: 2345 2899 2860 3015 Support: 1969 1830; Dynamic Support at 200EMA
This is a long-term scenario of BTC, what could happen with the price? as there are max 21m coins of BTC, with time it can become more wroth. See this update, not as day trading but expecting for the long term. 💎For this chart BTC expecting needs long-term DCA and DIAMOND HANDS The same effect we see also on the JASMY coin what have a huge chance to break out...
Key highlights: 💡⚡ 📈 Can we consider this as Ascending Triangle Breakout ? 📈 Comment down your views. ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴...