Hi guys, I am expecting a trend continuation (bullish) on NZD/CAD. I am targeting the 161.8% fib level at around 0.88150. Trade with care. Best, Jesse
Price has reached the bottom of the weekly structure, aligned with a nice fib setup (golden box). Near term short could be achieved before going long!
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Understanding The trade: As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 7/19 I will be looking to take profit by early July as the rate of decay factor starts to come into play as the contract approaches...
4H CHART EXPLANATION: At this moment we observe that price is facing a confluence zone between the top of the weekly descending channel and the previous max making a double top. The previous upside trend showed MACD Bearish Divergence at the last part of the movement, so we consider it is time for price to consolidate and make a correction. MULTI TIMEFRAME...
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Bearish market conditions searching for support. 4 HOUR Strong bearish waving market with small pullbacks. DAILY Price at january lows slowing down, in my view there should be a pullback to the upside...
There is no one clear definition of price action. It can be as simple as "Every tick on any given chart, of any given market." However this definition is too broad and does not adequately describe the term. A better definition is "The collective result of buyers and sellers entering the market for any logical reason, which together create reoccurring patterns that...
4H CHART EXPLANATION: Price left a great bearish candlestick at the zone of potential revertion. Also, there is MACD Bearish Divergence between the previous Higher Highs. We expect a downside movement towards the Support Zone, and if it is broken then it has potential to reach the Ascending Trendline. MULTI TIMEFRAME ANALYSIS: -Daily: -Weekly:
DAX 1 HOUR WOLFE WAVE SELL SETUP DAX SELL AT 12200-12180 TARGET WILL UPDATE SOON BIG SELL TRADE COMING IN DAX 1 HOUR CHART
US30 looks like it is preparing for shorting opportunity to the 50fib
FX:EURUSD - Weekly (Neutral) : At a weekly level where price historically reversed. I can see the price is in a downtrend. - Daily (Bearish) : Inside bar with a bearish engulfing daily candle of yesterday indicating sensitivity at this level - 4hr (Bearish) : Price has broken the trendline and Moving Averages has crossed over - 1hr (Entry) : Structure has...
Pay attention to the updates section as I will be posting when I will be entering my trade. Please follow and do leave a like if you enjoy what you see want to see more live trading :) The analysis is made based on order flow using Volume Profile + EW For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a...
Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade. 15 minute chart!!! Breakdown of possible bear flag. Target @ .686 RSI div. MACD histogram div
I would've hoped for a stronger breakout coming out of the ending contracting diagonal so that makes me believe we could come once or even twice more back down to test the lows, maybe forming a double / triple bottom along the way which could in terms initiate the move to the upside. Let's see :) Follow and drop a like if you found this idea helpful. ...
expecting a move up to the 151 area before going short to break the 149 low as 1st target
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Strong bullish market right now forming new highs. 4 HOUR Bullish breakout with strong buyers pressure. DAILY Over 60% pullback of previous elliott wave and range. OVERALL Very strong...
Head and shoulders formation taking effect with a broken neckline, price has rejected from the weekly support (successfully closing above on the daily TF). Downside risk will be dependent on geo political risk , this affects the flows towards/out of the Swiss Franc.