Trading AUDSGD: Consider Long Entry at Support LevelIn the four-hour candlestick chart, AUDSGD is currently trending downwards. It's risky to short now as it has reached the bottom level . Taking a long position at this support level is a better option.
But remember that, this support area is slightly tested.
Long entry: 0.88641
Stop loss: 0.88002
Target: 0.90603
Thanks & regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market
Fourhourchart
Bitcoin is about to Bounce!Hey Traders,
On the four-hour, we can see the MACD is creeping up to a bullish histogram while the RSI is indicating strength is coming back into the market temporarily. If this happens we will definitely cross the four-hour ema orange basis line of the Bollinger Bands .
Safe Trading,
-Pulkanator
AUDUSD long is valid 📈🙌Trade details for current trade are shown on the chart.
We are working the 4H time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trades can also be seen on chart.
One hit SL the other two closed for profit with one hitting TP.
Lets see how this trade plays out
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
EURCAD long progressing 📈👍Trade details for current trade are shown on the chart.
We are working the 4H time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trades can also be seen on chart.
Current trade has been live since 6pm UK time last night.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
NZDUSD long valid 📈👍Entry details are shown on the chart.
Working the H4 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDCHF short valid 📉👍Entry details are shown on the chart.
Working the H4 time frame on this strategy.
This will be a trade that will take a few days if not weeks to play out.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Push-Posh-RepeatKey points
1. 3ple bottom with rsi divergence on 4h
2. Upcoming earnings with the stock already -60% from ATH
3. Low free float with high short ratio >30%
4. Insiders lock up period coming in July, i do not believe they would like to sell at these levels
5. If not inflate quarter results now! when???
BTCUSDT 4H | Bitcoin market overview: Local uptrend part 2Hello, dear subscribers!
In the previous review, we marked the local uptrend in the bitcoin market and the price range of bitcoin price movement.
Since then, bitcoin price has reached prices of 56,428 and 52,330, which matches the established price range. But neither the bulls nor the bears have been able to get above or below the price range. The growth took place without increasing the volume of purchases, on the indicator OBV we can see the decline in indicators, it still has not reached 2.10M. Indicators MACD and RSI are in the zone of uncertainty. To determine the future direction of the bitcoin price should focus on fixing above or below the current trading range - $53,000 or $56,000. Also, the assumption that there will be a rebound from the indicator 2.10M on the OBV indicator is still valid. For this purpose it is necessary several growing candles with good trading volumes, i.e. continuation of a local uptrend.
Subscribe to the channel and stay tuned!
USD/JPY 4-Hour Chart Update #1Still chance for continuation with the market providing a bearish divergence on the RSI, but still also a bullish convergence at least until the market either breaks under the low of the previous swing or manages to create a higher low but now with a bearish divergence. It seems the market manipulators are getting their short orders filled and then we'll be ready for a short on the USD/JPY pair.
RSI overbought --> price correctionThis stock is currently overbought with an RSI higher than 80.
The WaveTrend with crosses gives a bearish signal at the 4 hour chart.
We can expect a price correction.
Entry price is set lower then current price for assurance.
EUR/CAD bullish trend 4HEur/CAD hit important low (pivot point) of 1.53500 and has had straight bullish momentum also following the past trend line we can hope to see it follow the pattern of hitting the trend line at around 1.55500. it has already hit the support of 1.55000 had false bearish momentum and pulled back above further showing momentum to hit the trend line.
once hitting the trend line of 1.55500 watch for it to follow trend and pull back down or possibly break and push above the trend.
From Weekly HEAD AND SHOULDERS To 15MIN VolumeHEY ALL,
Technical Analysis from Week frame to 15min frame,
a video with full Technical analysis for the USD/CHF having some strong patterns on the way,
I would really love to hear your opinion on what we have here,
LETS ALL WAIT FOR THE BREAK TO GET THE GREEN LIGHT FOR A BIG SELL,
Good Luck,
BTCUSDT 1D | Bitcoin market overview: $9,300 - $9,600Hello, dear subscribers!
In the previous review of the bitcoin market we considered the possibility of price going from the descending channel to the zone $9,300-$9,600. That's what happened.
At the moment the price of bitcoin is $9,390. On the 4-hour chart at the moment the price is in upward movement with the targets $9,560-$9,600 and $9,800.
Technical indicators MACD and RSI confirm bullish sentiments. In the current situation it is possible to continue the upward movement to $9,600, but for a more extended bullish attack it is necessary to consolidate above the price of $9,600.
Subscribe to the channel and stay with us!
BTCUSDT 4H | Bitcoin price overview: Bearish attackHello, dear subscribers!
In the last review we considered the Flat in the range $9,200 - $9,600 as a possible pattern of price movements in the coming days. This is what happened.
At the moment, the price has fixed below $9,200, which indicates the beginning of a bearish pattern. The first goal of the formed downtrend is $8,600. If the bears succeed in developing the attack, the next target after $8,600 will be $7,600-$7,800. The market has prepared for strong movements, and during the month it is gradually declining from levels of $10,000 to $9,000. In order to break the bearish scenario, the bulls need to gain a solid base above $9,600 to begin with. Then it will be possible to consider the bull pattern. Until then, bears rule the bitcoin market.
Subscribe to the channel and stay with us!
BTCUSDT 4H | Bitcoin market overview: $9,200 - $9,600Hello, dear subscribers!
In the last market review we considered the scenario of bitcoin price decline.
Since then, the price has made a reversal, the maximum of which was about $9,600. Despite this, it is too early to talk about the beginning of the upward movement. Perhaps ahead of us is the Flat with the borders of $9,200-$9,600, which are the local extremums of the current trade zone. In order to continue the downward trend, the price should be fixed below $9,100. Remember that from the maximum of June 1 to $10,400, the decline was about 10% and the current situation does not yet tell us about the continuation of the uptrend.
Subscribe to the channel and follow the news of the bitcoin market!
BTCUSDT 4H | Bitcoin market overview: ShortHello, dear subscribers!
Yesterday the price of bitcoin dropped below $9,350, which indicates that the downtrend has begun.
MACD and RSI indicators confirm that the price has fallen. On the daily chart of the MACD we can see an increasing force of downward movement. The RSI value is below 50 and is looking down.
The first target of this movement is $8,600-$8,800. Further targets for sellers are $6,800-$7,000.
The current price is $9,280. If you have a long position, the right decision now is to exit it and wait for the cheaper price to buy.
Subscribe to the channel and follow the news from the bitcoin market!
BTCUSDT 4H | Bitcoin price overview: ConsolidationIn the past days since the last review, where we have been looking at the bitcoin market on the daily chart,
neither buyers nor sellers have decided on their plans. The price went down from the uptrend channel, which had been in place since March 18th, dropped to $8,620, but the bears could not continue the attack.
If we take a close look at the 4-hour chart, we will see that at these levels the price was already traded from April 29 to May 6 and from May 10 to May 13. Perhaps we will see consolidation of the price in this range - $8,600 - $9,100 in the following days before we see one of the directions, up or down.
Stay with us and subscribe to the channel! Have a good trade!
AUSSIE DOLLAR FOR A SHORT? AUDUSDFOREXCOM:AUDUSD
Note: (MARKET IS REACTIVE AND NOT PREDICIVE)
From a daily perpective, price has clearly rejected the resistance zone and has created a historical double top.
Price is also at a support zone and we can see a break in support
Since market price moves in waves, the price can break the support and retest the broken support before making a move to the target of 0.61764
(PLEASE HIT THE LIKE BUTTON AND COMMENT WHAT YOU HAVE IN MIND TO SUPPORT )
With this 200 pips can be caught.
Also we see there are two uptrend lines which acts as a support, one has been broken, with a few candles the other will be broken. If this happens we can confirm with the strategy used to initiate a short position
Entries will be initiated using one hour or four hour timeframe.
(PLEASE HIT THE LIKE BUTTON AND COMMENT WHAT YOU HAVE IN MIND TO SUPPORT )
GBPAUD ANALYSISFOREXCOM:GBPAUD
NOTE: (MARKET IS REACTIVE AND NOTE PREDICTIVE)
(LIKE AND COMMENT BELOW TO SHARE IDEAS TO SUPPORT )
From a daily perspective we can see price has been ranging.
A possible bearish rectangle is in formation which has happened for days notwithstanding the downward movements on 4 hour timeframe.
In this type of scenario, price is expected to make a move to the downside. A bearish continuation.
REMEMBER: MARKET IS REACTIVE AND NOT PREDICTIVE.
If price can push through the ranging or consolidating zone we can see a further push downward from the box zone.
Also price has clearyl rejected the resistance zone and looking to break the support to the next support zone
Monitor this pair from a 4Hour perspective for entries.
If you have any suggestion, drop in the comment section below.
USDCAD ANALYSISFOREXCOM:USDCAD
NOTE: (MARKET IS REACTIVE AND NOTE PREDICTIVE)
(LIKE AND COMMENT BELOW TO SHARE IDEAS TO SUPPORT )
From a daily perspective we can see price has been ranging.
A possible bullish flag is in formation taking on short impulse and correction moves.
In this type of scenario, price is expected to make an explosive move to the direction its coming from.
REMEMBER: MARKET IS REACTIVE AND NOT PREDICTIVE.
If price can push through the resistance zone we can see a retest to the resistance box turned support.
Market moves in waves hence we can see a pictorial movement of price with the arrows
Reason why price can make such move to the upside with over 900 pips given is because of the ranging pressure .
Monitor this pair from a 4Hour perspective for entries.
If you have any suggestion, drop in the comment section below.
GBPJPY ANALYSISFOREXCOM:GBPJPY
NOTE: (MARKET IS REACTIVE AND NOTE PREDICTIVE)
(LIKE AND COMMENT BELOW TO SHARE IDEAS TO SUPPORT )
From a daily perspective we can see market is in a bearish flow.
We can see that price has broken the support zone and may likely retest the support turned resistance as a common pattern of impulse correction impulse.
REMEMBER: THE MARKET MOVES IN WAVES, ALSO NEVER FIGHT THE MARKET AS WE ARE THE SMALLER THAN THE BANKS.
After the retest if that happens we can initiate a short position to the target of the lower box holding the bearish candle.
This will enable the trader to be on a risk free situation.
REMEMBER: MARKET IS REACTIVE AND NOT PREDICTIVE.
Monitor this pair from a 4Hour perspective for entries.
If you have any suggestion, drop in the comment section below.