entry on H3 rejection or loss. stop at H4 camarilla pivot points daily levels
GBPUSD had it's upward movement and it's time for a fall down. Goal: .36292
Good morning traders! Today we want to show you our analysis on the 4H chart in GBP/JPY. 🔸As we can see, the price has been in a downward movement for more than a month. We could even consider this movement like a lateral one since it is a great consolidation. 🔸If we analyze it internally, we see that the price during the last weeks generated a clear upward...
Good morning traders! Today we will analyze EUR/USD in a low time frame (2H) to show you our short-term vision, and with this, we refer to the behavior we expect in this pair for this week. 🔸We can see that the price was in a bearish movement, where we can draw a wedge pattern. 🔸Last week, the breakout to the upside happened, and we saw a breakout of the...
The Market's longer term uptrend still intact. Big earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names...
Looking for shorts around 1.3933 with stops around 1.3997, targets @ 1.3845 & 1.37665 Reasons to consider this trade setup => Trade Setup has decent risk to reward ratio. => Day time frame close last week was bearish. => Price found sellers at weekly resistance level @ 1.3980 => Short term selling makes sense since on hourly time we have chart pattern (rising...
BAC is seen to have rejected the 20ma, meaning it will most likely bounce back towards the lower Bollinger Band. In order to place a buy order on BAC, I want it to hold its 0.382 Retracement on the Fibonacci Resistance Fan, which lies around 37. A break through this support will provide a great buy area around the 34 price level. Good luck and trade safe Key...
Watch the Chart and drawings you will understand it all.
I wanted to see how HTH reacted when faced with its Fibonacci Support and from the looks of it, it showed it has room for bullishness. The squeeze indicator indicated a decline in selling momentum with an additional oversold indication given by the Oscillator. I would swing this stock all the way up to 35-37. Bullish Signals -Fibonacci Support Bounce -Oversold...
Good Morning traders! Today we bring you our analysis in USD/CAD. We want to show you what we are looking for in this pair. 🔸As we can see, the price is in a bullish channel and started a pullback after bouncing off the upper trend line. 🔸Now, it is in a consolidation process with no clear direction. 🔸What we are waiting for is a possible retest of the lower...
Entry H3. stop loss H4. Target L3 or lower. it might breakout beyond that. Just a possibility camarilla pivot points. daily levels If it breaks H4. enter on retest. stoploss H3. Target H5 and H6
We should see BTC make a decisive move one way or the other by the end of the week. If the epic rally continues and BTC Dominance climbs higher, Alts will bleed. Conversely, if BTC consolidates and BTC dominance falls, this setup will be invalidated or take much longer to play out. TRX is in a downtrend. Chart is pretty self explanatory. TRX has lost the major...
EURUAD has completed the correction phase and now that we have seen the market environment shift Bullish we can expect another impulse to the upside to continue the trend. MACD Above 0 10MA Above 20 Price executed at pivot point Targets set at 1.272 of first impulse. +3 R/R Comment below which pair you would like to see next. - Nick
So far it seems that price is making Cypher harmonic pattern. If this is correct, some more decline is possible towards 78.6 retracement
Speculative play on the XRP Weekly chart.. If you look at the previous price action we have a similar scenario setting up on the Weekly chart. In November 2020 price action broke out from the mid Bollinger Band line and cleared the upper band in a parabolic fashion. Upon trend reversal, it was the 50 day Moving Average that acted as support and set XRP up...
Good morning traders! Today we will analyze EUR/CAD, as it is bouncing in a critical zone, and it is worth analyzing it since we can take advantage of both the bullish and the bearish situation. 🔸As we see in the published chart, the price bounces off the Ascending Trendline, where several rejections have already been rejected. We can expect a similar situation...
Big volume day with a nice big green candle. Technically it broke out over that 82 level, so now I would like to see pullbacks hold some support. You can see the dips on Friday held around 79.40s, which also is right at the 61.8% fib level. Thinking any early flush to that area on Monday can be watched to see if they support it. If they gap it up, you can always...
The Market may have some more room to the downside with the longer term uptrend still intact,The Mega Cap stocks have earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm...