TRXUSDT long postion Possibilityall you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advise
Freesignal
RENUSDT long postion Possibilityall you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advise
ETHUSDT long postion Possibilityall you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advise
gbpchf mappinggbpchf has the potential to form an inverted head and shoulder so that the price can be expected to increase
buying area 1.24728-1.24888
selling area 1.25867-1.25913
xauusdI haven't found an interesting point from xauusd but on the chart actually sales can be made but I'm still a little doubtful, maybe it will go up to get a fakeout after that there will be a sharp decline
buying area 1849 - 1842
selling area 1904
AUD/CAD MAY BE GETTING READY TO GO UPAUD/CAD finally reached the support line (coming from our SELL call earlier on), and may be getting ready to start coming back up.
If the daily support is steady, we will be looking at buying AUD/CAD at around 9028. Our Stop Loss will be around 8968.
A candle on the 4-hr chart at the least must close fully above the Support line before we can BUY.
Good luck
fb @ForexGoldandOil
USDJPY ShortFOREXCOM:USDJPY
1st scenario: The Pair is now at a resistance and we are expecting a strong downtrend
2nd Scenario: The pair can also break the current resistance level and restest at the strong resistance and a strong downtrend
Stop loss : 115.60
TP1: 114.30
TP2: 113.30
TP3: 112.80
Telegram: fang100fx
ETH/USD trade updateETH/USD trade update:
Okay so when we look at the chart we can see that the price did break the zone of interest and is now testing the first green support that we can see on the chart.
What I am looking for now is for a reversal here. We can see that we are also close to the 0,618 level of the Fib. What could also be an important zone for us to see a reversal here.
If we do not get a reversal here we will go to the green support zone below this one. That is also a Fib level there on the bigger time frame (0,382) that was important in the past.
We can also see that the price is below all the MA’s that are on the chart. That does is bad because when we have that we have a sign that the price is bearish and not bullish.
What we can also see now is that the price now is on a Fib. Retracement on the big time frame (0,382). This retracement is from 0 to all time high. So we can say that this should be a good sign for a reversal. Because normally the bigger the time frame and price range is the more it is viewed reliable. As long as we do not get a close below that level than I am bullish for now.
I will give an update here when it is needed.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
Thoughts on Bitcoin's likely direction (down then up)
Looking at Bitcoin currently, we can see a local ascending broadening wedge after that recent downswing. This is pointing to some further downside to complete a likely falling wedge on the 12hr chart.
Likely scenario we see play out is downside to test ~43.5k then start a rally around Christmas'-NewYears towards 68k to try and set a new ATH
See previous Ideas posted on Bitcoin for further thoughts & breakdowns on BTC & it's future PA.
Likely 10% down followed by a slow 50+% move, will update as PA is available.
INDEX:ETHUSD COINBASE:ETHUSD BINANCE:ETHUSD BINANCE:ETHBTC COINBASE:ETHBTC INDEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSDT
EUR/USD regains the smile following recent strong pullback. The EUR/USD regains the smile following recent strong pullback.
The YTD low at 1.1272 emerges as the next support.
EUR/USD regains some buying interest after bottoming out in the proximity of 1.1310 on Tuesday.
The bias appears tilted to further retracement in the very near term. That said, a deeper decline remains on the cards if spot breaks below the weekly low at 1.1314 (January 18). Such a move should open the door to a test of the so far YTS low at 1.1272 (January 4).
The longer term negative outlook for EUR/USD is seen unchanged while below the key 200-day SMA at 1.1722.
EUR/USD daily chart
gbpusd GBPUSD prepares to experience a decline, pay attention to the leftmost resistance point and see entry confirmation from the smallest timeframe
EURUSD BUY STRATEGY there is still potential for an increase, look for opportunities to buy during the retrace
erucad supply zone suggest to sell limit
suggest to sell limit
suggest to sell limit
suggest to sell limit
suggest to sell limit
suggest to sell limit
suggest to sell limit
EUR/USD MAY GO UP BIGIf the Trend line is broken and price closes above it, then, expect EUR/USD to rise. It may actually be a break-out for EUR/USD since USD data from US is not really supporting immediate interest rate rise.
Good luck
FB@ForexGoldandOil
EUR/GBP IS SETTING UP FOR LONG ENTRY IF SUPPORT HOLDSEUR/GBP is coming up to some support level on the daily chart. Though, data from EU is not necessarily strong but issues and uncertainties with UK's economy too is not helping the GBP.
We will be looking at entry around 8340 if support holds on 4-hr chart. and SL will 8310.
Good luck
FB @ForexGoldandOil
US100We have a very strong level , which consists of the collision of two important trend lines ...
.
if cant break this level and we find bullish signal we can give long position
XAUUSD (GOLD) 4H ChartGold continues to trade lower after hawkish FOMC meeting minutes. The Fed meeting minutes signaled for an earlier rate hike as expected. The 10-year yield hits 1-1/2 month at 1.71%, the highest level since October of last year. The spread of the omicron virus in the US is preventing the yellow metal from further sell-off. It hits a low of $1798 and is currently trading around $1800.75.
FOREX: NZDCHF - M pattern and our Limit OrderWe are waiting for a confluence of two factors where the S/R zone breaks around the location of the current trend line.
Our limit order is set at 0.62499
This whole idea is supported by the M pattern, where there is a price return to the Neck line.
M pattenr is seen in a higher time frame (W1), which gives us an even greater probability of success.
Happy trading, Alex_UCT
ETH/USD looking bearishETH/USD: trade update
So as we can see the price did break the possible rising wedge that we had on the chart. What we also can see now is that the price did do a retest of that wedge and went down after that. It did another retest of the wedge but still was not able to break the wedge. We can now see that the price still is moving down. I think that we are going to see a drop to at least the 0.382 level of the Fibb and I am waiting for that to happen. Once it does go to that level there are 2 things that can happen.
1) The first thing is that we see a break of that level and then I will be waiting for it to drop a little lower to the zone that is marked as zone of interest. I think that if the 0.382 level is not able to hold than that zone has a higher chance of holding because we saw that it already did hold a few times in the past.
2) The other thing that can happen is that the price touches that zone and reverses to the top side. We do can see that the price did already reverse sometimes on the 0.382 level so it does seem to be forming a support at that level in the short term.
In conclusion:
So I think that we will see a bigger drop happening before we are able to go back up again. I am now waiting for it to go lower to buy more Ethereum.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
XAUUSD (GOLD) 4H ChartTechnical:
The near–term major support is around $1817, violation below targets $1805/$1800/$1790. $1675.Significant trend reversal only below $1750.The yellow metal facing strong resistance $1835, any violation above will take to the next level $1860/$1877$1912 is possible.
It is good to buy on dips around $1800 with SL around $1780 for TP of $1860.
EURGBPEURGBP chart in berish trend and the price close to the floor ...
we have 2 scenario :
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1- the price right here go up ( open trade after break zone and correct that )
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2- the price make new low and hit more SL and go up
GBPNZD ShortStudy can be seen on chart.
GBPNZD will reverse till OB below and will bounce from there.
We need to see how it reacts to these levels to take a trade.
Currently a sell can se seen.
