With the year on year inflation in the US reaching 8.3%, the USD looks to ease of its rally slightly and most likely looking to correct to the downside after great gains in the previous numerous weeks. Shall this occur, that does not mean that the USD rally has ended, simply put the price is consolidating before resuming its upward trend. The fundamentals are...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD. 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
USDCHF broke the lower support on 1H charts and could be headed lower towards the 0.99000 level. check the main chart for trade details. Any updates would be provided in this thread. Trade safely, the RR is 1:1. Cheers
ADANIENT sell below 2097 as it was given breakout in downside in all timeframes. It may bounce once as it is in an oversold zone. After that, if it breaks 2097, u can sell. else, if it breaks at the opening with volume you can sell. Target 2090,2085,2070,2065 SL 2112
Don't be fooled by this pretty head and shoulders pattern because it is most likely a trap to lure sellers into the market before price bounces from a demand planted below it. Once the fair value gaps have been filled, the price is likely to utilise the demand to travel to the remaining imbalance at the top of the move. Do you think this is likely? 🚀
The range on EURUSD continues and we're still expecting a downside continuation. Today we have news for the USD and that could cause a breakout of that sideways move. Stops must be above 1,0641 and in case price breaks out of 1,0484 then we would look for 1,0400 and 1,0350 next.
Hello,Traders! SILVER finally broke a massive key level And while the final conclusion will need to be made Based upon the weekly candle close Still, this is a powerful signal for us And there is a high chance That after the pullback and retest Of the broken level we will see a move down Towards the target below Sell! Like, comment and subscribe to boost your...
✅USD_CAD is going up currently And the pair broke the key structure level Which is now a support, and after the pullback And the retest, I think the price will go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
1. Price closed above structure but was rejected by the level of resistance to the left. 2. If the next 30m candle closes bullish we can continue to go bullish to fill the range until the next level of resistance 3. If the candle closes within the range, price could consolidate and get choppy. 4. Sells would only be taken if price begins to break the lows
USDCAD broke the major resistance on the weekly & monthly timeframe signaling that it is ready to head higher towards the next high present at 1.33500. With the DXY also likely to head higher, this particular pair has been quite resilient in heading higher due to the Lonnie being supported by higher OIL prices. However a slow move upwards is supported by the...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. WEEKLY: Left Chart XRP is overall bearish however it is currently sitting around a strong support zone (0.5 - 0.6) so we will be "looking" for buy setups on lower timeframes. H4: Right Chart XRP is forming a channel in red but the upper trendline is not valid yet, so we...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. GBPUSD is sitting around a strong support in blue so we will be looking for buy setups. on M30: GBPUSD formed an inverse head and shoulders but it is not ready to go yet. Trigger => Waiting for a momentum candle close above the gray neckline to buy. Meanwhile, until...
the GBPUSD price is in weekly support level & falling wedge pattern . i predict a bullish move 📈 i'm waiting for breakout and retest in the key level (buy confirmation) TARGET: 1.26750 🎯 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The price is testing the demand zone on 0.61$ after a double top formation and double top. On the daily timeframe the price is creating the falling wedge as well. How to approach? The price could grab the new liquidity from 0.5$ and create a new breakout from the 0.7$, so If the price is going to satisfy our rules, According to Plancton's strategy , we can set a...
EURUSD is the most traded currency pair but also a quite difficult one to trade. It's like that because it usually stays in a range for a long time without presenting any trading opportunities. We're still looking to sell and our best shot would be in case of price rejecting 1,0600. Stops are still above 1,0642 and our target at 1,0400.
cad chf short wave analysis support and ressistance break aut price action chart pattern
Hello,Traders! USD-CAD broke the key horizontal level Which changed our bias from bearish to bullish Thus, a pullback is expected to retest the broken level And from there, a move up will follow Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅CAD_CHF is going down now And the pair has formed A bearish wedge pattern Which makes me bearish biased And after the breakout I believe we will see bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅