Interesting ascending triangle formation developing over a positive divergence with rsi, suggesting possible reversal pattern and bullish breakout could develop.
AmbujaCem broke out of 1 month of consolidation range with decent volumes. Could be bought with mentioned stoploss & targets.
EURUSD is still trading sideways without giving us any good trading opportunities. This happens quite often on this currency pair and in periods like this, we would rather trade something else. We need to see how it's going to react to its resistance and is it going to reject it again. We will be looking for selling opportunities but before that we have to wait...
There's confluence across two timeframes. The downside breakout on the hourly timeframe can also be observed on the daily timeframe as well. A key level is being breached as we speak. Downside to be expected as long as price holds below.
More specifically, NZDCAD is currently in the process of breaking above the 0.80575 key daily level. The odds of returning back into a range are low. After making a higher low on July 27th, traders don't appear to be very indecisive right now. I'm expecting strong further upside if this pair successfully makes a breach above this level and holds.
Hello traders! Welcome back to another episode with analyst Aadil1000x. It's a fantastic journey and we have been moving with the market since the first crash. All thanks to the Almighty. Previously we sold at 34300 and after that market dropped more than 10%. It was a nice call but after the FED interest rate decision, we are stopped out at entry price. With...
✅CAD_JPY was trading in a rising wedge But now we are seeing a bearish breakout So I am bearish biased and I think That the price will fall down To retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
After falling about 52% from it's peak of 714 to a low of 339 on 12 May, INTU began to move sideways for the next 2.5 months, cumulating into a Symmetrical Triangle. It began to break above this triangle yesterday and today continued on the upward trajectory. The trend is clearly reversing to the upside now and any near term pullback should ideally not fall back...
✅EUR_JPY is going down currently As the pair broke the key structure level Which is now a resistance, and after the pullback And retest, I think the price will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
BTC has made it's decision and chosen to follow green path, as shared in my previous post. Yellow circle highlighting the beautiful breakout and back-test of support with strength, RIGHT on the money. Feels good.
Hello,Traders! CAD-JPY was trading in an uptrend But then the pair broke out of the Rising wedge pattern so now We are bearish biased and a move down Is to be expected after the retest Of the broken level Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! EUR-JPY broke the key horizontal support level Which indicates an underlying weakness of the pair Thus, the price is set to move lower After the retest of the broken level Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! USD-JPY made a bearish breakout Of the local rising support Therefore, we are bearish now And the expectation is for the pair To retest the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Am going long after this break and retest..... The green path shows worst case scenario for MANIPULATION so set your stops as shown.....4.3R which goes to 5.8R on scale-in. Like and Subscribe.
Pair: USDCAD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support break ————-- Key Takeaway: We need to see break of support ————— Level needed: Need to see price hit 1.128200 ————— Trade: Short RISK:REWARD 1:8 SL: 30 TP: 240 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pair: NZDJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support break, head and shoulder ————-- Key Takeaway: We need to see break of support and trend line with alot of bearish momentum ————— Level needed: Need to see price hit 84.940 ————— Trade: Short RISK:REWARD 1:5 SL: 30 TP: 150 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I found EURUSD Weekly chart a great practical example of Wyckoff's Theory. As per Wyckoff Price Cycle, we are most probably entering in an accumulation phase. and yes, it is still too early to judge, as for the accumulation phase to start, we will need a consolidation as...
the NZDCAD price is in Ascending Channel and in Double Top Pattern .🧐 the Neckline is broken✔ the Trendline is broken 🔥 so, i predict a bearish move 📉 TARGET: 0.95678 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!