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Channelbreak

EURUSD: Weekly Forecast 17th October2021EURUSD broke above the top of a falling channel and a supply zone at 1.1590, marking an end of the current short-term bearish trend. The market may falling into a ranging market or reverse into a short-term bullish trend towards the top of a 5-month falling wedge. At the same time, the dollar is retreating from its high amid the market has already priced in a Fed tapering and needs more clue towards rate hike before dollar will strengthen again. This week, we will be focusing on buying the bullish reversal, awaiting a pullback towards 1.1570 demand level.
Long
by AlgoVenture
1
XRP Diamond Bottom On 1H ChartWe just formed a perfect diamond, with bullish confirmation! Looking for a run on $1.64 before any chance of another strong draw back. If XRP is going exponential, expect a break of this range with a high chance of retracing from $2 to around $1.72. Another way of viewing this, is from the Wyckoff Method. We are currently testing the "LPS" (Last Point of Support). Thus, the Diamond Pattern forming at the LPS strongly suggests we are now in Phase D of the accumulation event. Zooming out, to the weekly chart, you will notice, that XRP is not only in Phase D of an accumulation pattern on the 1H chart, but also the 4 month chart AND the 4 year chart. Thus, XRP is primed for a 'Super Cycle' price rally over the next 3-4 months, which could lead to prices between $15-$94 dollars, based upon normalized historical price trends for XRP. TLDR; STRAP ON YOUR PARACHUTES! WE'RE HEADED TO LOW EARTH ORBIT! Helpful References for TA Newcomers; Diamond Bottom Pattern in-depth breakdown www.centralcharts.com Wyckoff Method (w/ labelled 'accumulation' chart) school.stockcharts.com *Chart is a repost; cleaned up version of original.
POLONIEX:XRPUSDLong
by Jayed
EURCAD - Great trade opportunityWatch the eclipse area in 4H TF for the price action. If retested lower line of the bullish trend and it was rejected you can enter for a short position. Otherwise, If a candle was closed above this line, a long entry would be appropriate. HIGHER RISK TRADE: Long NOW since the CAD is weaker than EUR ATM Long-term outlook: In weekly timeframe I'm seeing a XABCD setup having the price currently at C location. Therefore, EURCAD is expected to rise up to 1.64 in long-term. NOTE: Use low leverage.
Long
by farzancool
1
EURGBP is Moving up to the resistance Line Welcome back Traders, Investors, and Community! Hi Traders, EURGBP on H1 after long time being in the Bearish channel did not go all the way down to the Support line of the channel and has got stopped above the Support. There is a high chance that it goes up to the resistance line and breaks above it. ⬆️Buy at 0.851 ⭕️SL @ 0.8463 ✅TP1 @ 0.8605 ✅TP2 @ 0.8685 ✅TP3 @ 0.8794 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Long
by Fibonacci-Signals