New sells on EURUSD Yesterday EURUSD rose to 1,0620. This is a resistance level and 50% correction of the last drop.
It is still possible to see another upside move to 61,8 before the bearish movement continues.
Upon confirmation we will be looking for entry with target previous low and reaching 1,0440.
The scenario breaks up on rise above 1,0700.
Correction
NATGAS Bullish Correction! Buy!
Hello,Traders!
NATGAS was trading in a
Downtrend for a long time
But now we are seeing
A bullish correction
And the price has broken
A key horizontal level
So I think that the price
Will go further up
Buy!
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The drop on EURUSD continues At the beginning of the week EURUSD heading towards support level at 1,0515.
These are suitable levels for correction before the next decline.
Upon a breakout of this zone the goal will be reaching 1,0440.
Up to these levels we will be looking to exit the sell trades and will be watching if there is a good opportunities for buys.
Which area is stronger?It seems that we are completing wave 4 and we can buy at the end of the wave. Both specified supports are valid, if a buy signal is issued in this range within one hour, the purchase is made
⚠️ This Analysis will be updated ...
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📅 02.26.2023
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EURUSD - New Breakout !
As we talked in the previous analysis, The EURUSD Price touched the resistance zone
the price is testing 1.06774 support level
Currently, the key Level is broken
so! i predict a bearish move 📉 i'm waiting for a retest...
TARGET: 1.05500
...
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
Bitcoin Stops at resistance as USD Turns Higher For Correction Cryptocurrencies slowed down recently as USD index turns higher for a correction because of inflation concerns. We see USD index in a temporary recovery, means that at some point we will expect more weakness as we think that major top for the dollar has been put in place in 2022. However, there cna be some short-term pullbacks on BTCUSD and DASH as I will look in this video, but think there will be long opportunities on dips.
Have a nice weekend.
Grega
Take Profits on EURUSDYesterday EURUSD reached its first target at 1,0585.
It's a good time for getting part or the whole profit.
We're now looking for a correction and confirmation of the new sell trade aiming 1,0515.
As long as the movement remains bearish these will be the only trades we will look at.
By partially closing and re-entering after a correction, the aim is to lower risk and maximize profit from the move.
Correction I see for bitcoin This is how I see bitcoin right now and don’t say we are bottomed, we aren’t bottomed yet and yet the winter is already over but the bear market is not over yet.
As you can see CPI Data is almost 7% and the inflation is still over 6%.
Even so we should expect the long drop follow along with a downtrend, down to 14 or 15K then finish up the correction to mid-Recovery up to 31 or 32K; then the bear market should finish up during the bitcoin halving in 2024 and expect the Feds pivot and cut rates; so the liquidity won’t have an issue.
10K is still the bear market target for bitcoin bottom somehow most of us said could go a lot lower than 10K we will see.
We won’t see a bullrun starts around 2024
Bitcoin right now is still Volatile; the buys will be short and the sells as well please be very careful and don’t get too greedy.
What bottom you see for bitcoin ?
EURUSD drop continues Yesterday we saw another bottom during the news.
Today there is news again. The news is about US quarterly GDP. They will have an impact in case of values other than expected.
Technically, the downside move continues and is heading towards first level at 1,0585.
Upon breakout the target will be 1,0512 , all the while watching for run-out.
All sell trades should now be with reduced risk.
EURUSD heading towards 1,0585Today will be announced FOMC minutes. This news may lead to bigger fluctuations.
Yesterday EURUSD failed to reach the sell zone and pulled back from lower values.
We expect bearish move to continue towards 1,0585, and in case of breakout to reach 1,0515.
Enormous fluctuations are possible during the news , that’s why lower your risk.
I am BACK :)
Hello TradingView :)
ITs been a minute since I was active in the community.
Last post I made was last year in June 2022. Many things have happened that lead to my away and absence from the community, social media and more.
I took a much needed break from being infront of the screen, camera and people. IT has been a good time to spend with family.
But, after 8 months or so, I feel its a good time to get back to trading community and social media once again.
To start sharing trading analysis, forecast, and market updates.
I want to resume the market outlook/update stream like before, and start to create more educational contents for everyone once again.
IF you are one of those who have supported me during the last 8 months, I greatly appreciate it.
Although I dont reply directly on TradingView or other social media pages, I read the comments and feel posiitive from your encouragement.
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Cheers
Jojo
Sell zone at EURUSD No change in expectations since yesterday.
The more likely direction remains to the downside, as we will look for sales on reaching and pushing back from the zone.
There are no grounds for buys next to the zone!
On a rise and pushback, look for a sell entry with a stop above 1.0805.
The goal is to reach and break 1.0620!
CADJPY 2H, Bulls exhausted. Time to Sell.CADJPY had a strong push upwards recently yet started moving correctively which is failing to push any higher.
As we know this is indicating a reversal is shaping up, which looking at the lower time frames, price broke out of the reversal structure currently developing a bearish continuation.
Look for a sell entry that fits your trading plan.
Thanks
Trade Safe
New sell zone on EURUSD Last Friday EURUSD reached 1,0611 and pullback from the level.
The rise may continue to 1,0730, where we will be looking for sell opportunities again.
An entry is made only after pullback from the zone.
The target is test and breakout of the last week’s low.
The scenario breaks down on moving above 1,0805.
ADAUSDT 1D📊 #ADAUSDT
⏱ TIME: 1D
📝ADA has reached its own resistance range in the 1-day time frame, and this range has a divorce with its own trend line. If this range is broken (orange box, 0.4193 range), it can follow its targets.
📌First target: $0.4608
📌Second target: $0.5032
📌Third target: $0.5487
📌Fourth target: $0.5948
AUDCAD 4H, Overall Bearish Trend AUDCAD has been in a downtrend as we can see price impulsively pushed downward which is now in a bearish correctional phase making lower highs but holding the 0.92 level firmly.
Looking at areas of interest, I would like to see price break upwards and complete a larger correction as we add other bearish confluences like a double top and a 3rd touch on primary trend line.
Price may continue to follow the secondary trend and continue to make another lower high and break below the 0.92 level to continue downwards.
What's your view?
Share your opinion by leaving a comment!
Thanks
Trade Safe
USDCAD 4H, How do you view the price action?USDCAD has been moving upwards within the last week which has shown strong signs of possibility further growth towards an area of interest or looking at it from a impulse/correction view, we can see a price created multiple swing highs/lows on a bearish correctional phase indicating the next bearish run is possible.
Find an entry that meets your trading plan.
Share your opinion by leaving a comment
Thanks ,
Trade Safe
GOLD correction to RANGE and new EXPANSION!!!The gold market dropped from the resistance zone after breaking out of the range. The market broke and fixed below the smalll range zone. The price is moving toward the main support level at 1800 after making impulse moves. I think gold might go down because the price action forming a correction extension pattern. My goal is the support level at 1802.000.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Closing sales on EURUSD Yesterday we set a new sell zone on EURUSD. We saw a nice pushback from it and a drop of almost 100 pips.
The first level of the Fibonacci extension has already been reached and all positions should be reduced risk!
Support at 1.0660 will now act as resistance and we may see another drop to 1.0577.
When these levels are reached, it is advisable to partially or completely close sales.
Lower values are only sought by manually moving the stop!
BITCOIN Bearish Correction Ahead! Sell!
Hello,Traders!
BITCOIN grew super fast
In the last 24 hours and
The coin is overbought
So as it is retesting
The horizontal resistance
A bearish correction
Seems to be inevitable
Sell!
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