intraday new camarilla levels. L3 to H3 Range floor and ceiling projection. L4 and H4 are stop loss / breakout points. H5 and L5 targets. I am suggesting long here because we opened right on pivot. retrace taken care of. and indicators on low timeframes look potentially primed. Tight stop on L4 though
The first chart shows $XLRE breaking through resistance. I find the base formed before breaking through to be bullish. The second chart shows XLRE relative to the SPY. Looks like the long ward down trend is over. Can XLRE outperform moving forward? Thoughts? S&P 500 Sector Performance: www.tradingview.com AMEX:SPY AMEX:XLRE
Good morning traders, today we bring you an update of this analysis that we posted a few days ago when the price was facing the downtrend line of the channel. 🔸There was a clear rejection of the trend line, which was what we were waiting to confirm its continuation. 🔸At this moment, the price is facing the previous low, which we could consider as a support...
SELL entry setup based on channel breakout after continuation. SELL after breakout and 15M candle close underneath. Watch for: 1- Currency cycling 2- Currency strength 3- Moving averages crossover on 30M and 1HR 4- MACD + Trend Meter change 5- Pivot points 6- Fibs
36791.45 is the level. 15 min closing below it will cause downside momentum. Keep eye on the upper side trend line and short calls above that strike . . See Bank nifty is trading in a range only. The majority of the time expiry makes a Doji candle giving money to option sellers only. Down - UP -Down. or Up - Down -Up.
I waited for the pullback on TL and support where is also fib 0.786. After the pullback chart formed on 1H TF pin bar. Lot of confirmation. Best entry about 127.400 - 127.600 TP: 128.785 SL: 127. 245
- Wait for the breakout - Targets on fib levels - Nice R:R - Trade only with what you are willing to lose - Don't chase the markets
Good morning traders, today we bring you our analysis in GBP/AUD, since we consider that it has upward potential in the short term if certain conditions are met. 🔸First, we see that the price tried to penetrate the long-term Ascending Trendline to the downside, but was unable to consolidate below. In fact, both attempts failed and it was placed inside it...
Cardano it's consolidate into the $0.86 cents. As we see in H4 timeframe. there's a next trade that could be interesting to note it. Now, as this trade it's touch me my Stop Loss unfortunately, the market it's out of this trade and humble I loss simple 0.0054 BTC that it's equal of $266 USD loss. But dont worry of it, at least I'm in profit in others traders like...
We saw last week that problems getting the vaccinations distributed, rising coronavirus cases, weakening economic data and a dovish tone from the Chairman of the Federal Reserve failed to fuel a rally in Gold. And why was this? Rising Treasury yields and safe-haven demand for the U.S. Dollar.
Good morning traders, today we bring you a long-term analysis on the EUR/JPY, since it made an important breakout that we have been waiting for a long time. 🔸After the break of the bearish channel and the resistance zone, the price consolidated for several weeks with no clear direction. 🔸Apparently, this corrective process is over, as we are witnessing a...
EURAUD H4 Another setup to compliment EUR shorts, eastern pairs are on fire at the moment, NZD and AUD. Possible pullback to retest the underside of the structure break before selling off further. 1.56 whole number support is now being used as resistance. Down-trending nicely. Something we could possibly scout out, EURAUD also dipping downside.
EURCHF H4 USDCHF selling off looking to break the 0.89 support we were following, downside on EURCHF has been broken and fresh lows have been set. Currently retesting the underside of the structure break as indicated, we don't tend to buy and sell unless it's from a major zone (red boxes). So this is something we will just observe from the sideline.
Today price came back to the lower daily trendline, did a fake out and bounced back up. Volume seems to catch up as well so we are good to continuine up. First target area is marked, now if we close above that area, we are going to cointinuine up way more.
If you have another opinion, I will be happy to comment below. Thank You