Get started

Keylevels

GBPUSD PRE-MARKET ANALYSIS 12 APRIL, 2021OVERALL TREND- BULLISH ON THE DAILY (OVER 200EMA) and at a corrective retracement of a key support structure level. Again looking for long setups based on key support levels, looking to break into higher highs with a potential bounce retest of a major key support level at 1.380 and 1.380 Otherwise we have a key support level between 1.367 and 1.368 that price may retest for a 3rd time. Depending on how the price moves, we can look for entry opportunities on the 1H TF. But overall, looking for long setup trades.
Long
by Trader_366_FX
AUDUSD PRE-MARKET ANALYSISOVERALL TREND- HEALTHY UPTREND ON DAILY, CURRENTLY IN A CORRECTIVE RETRACEMENT ON THE 4H TF, WITH THE POTENTIAL TO BREAK INTO HHs. We see price currently in a ranging channel that's being tested multiple times from an overall bullish move on higher TFs. Currently looking to make Higher highs unless price decides to make lower lows, at which may signify an overall break in trend to the downside. 2 potential long position set-ups this week to follow with the uptrend of the market overall.
Long
by Trader_366_FX
XRP, Key Fibonacci levels. Beware of the traps and keep calm!We will probably touch the red mid fork line before a little retracement to the bottom of the triangle. Remember, XRP will not moon until the SEC case is settled. There will also be more fake outs, so do not rush your position, the price of xrp is also under a manipulated floor until they go online with CBDC. XRP will be the liquidity provider for the worlds' sentral banks so do not miss this BINANCE:XRPUSDT Trade safe everyone, and have a great week!
Long
by MonteCarlono
1
Is The Bearish Doji On The Daily Calling For A Sell?What a beautiful ride up. But now it's time to do a pullback. A bearish doji was created are the daily level and it's in the overbought zone with the RSI on the daily timeframe as well. I'm wondering if will make it to my weekly level at 152.725and then will we come tumbling down? Or will we just go ahead and start right away? Only the market can tell us. I have intraday TPs mixed with my swing targets this week. That's why there are so many TPs. BULL TPs: • 152.246 • 152.725 If it can get pass this weekly level, I'll target these other TPs' • 152.966 • 153.288 • 153.822 BEAR TPs: • 151.290 • 151.290 • 151.012 • 150.695 • 150.363 • 149.994 • 149.704
Short
by NikaJourney
2
Multi-Wick Rejection Offf The Weekly Level Can Lead To ShortThis is a very jittery uptrend. And there are a lot of which rejections on my weekly area around 1.94408. I can see this from the daily timeframe. This could mean that we're getting ready for a short and if any reversals are possible, it will happen later part of the week. For now, my targets will be targeting daily levels from both sides. So less he had a market plays out. BULL TPs: • 1.94408 • 1.94950 • 1.96092 BEAT TPs: • 1.93297 • 1.92725 • 1.92020 • 1.91514 • 1.91065
by NikaJourney
Daily Bullish Engulfing Retest Can Lead To Swing BuyGold looks like isn't perfect position to perform a swing bye beginning this week. We had a bullish engulfing bounce off a monthly level and then was retested on Friday to confirm to buy is a go for this week. I'm only trading it to a lower low that I found on the daily timeframe for now. And if it passes that monthly, of course I'm going to hold it for much longer. Bear targets are in place in case things don't do as planned. I'm actually pretty excited to trade this pair for the week. Let's see what it does! BULL TPs: • 1731.17 • 1738.39 • 1746.00 • 1757.70 BEAR TPs: • 1715.34 • 1709.17 • 1699.72 • 1689.00
FX:XAUUSD
by NikaJourney
Is A Pullback Due Or Are We Shooting Up Into The Unknown?This pair did a nice swing buy for the entire week last time. But, according to the daily, we may be running out of a little steam just for a bit. I saw that we wicked out at the daily level, so we may be due for a pullback coming down to the monthly area around 3897.3. That will retest the last higher high and then create a continuation up if respected. If it busts through the monthly. I'll ride it down to the daily area around 3788.3 to see if it'll try for another bull run from there. As you can see, my BULL TP went into unknown territory. That's what I'm looking forward to in the long run. But let's focus on what'll happen this week first. BULL TPs: • 3960.4 • 3979.5 • 4032.8 BEAR TPs: • 3901.3 • 3870.8 • 3851.8 • 3788.3
OANDA:SPX500USD
by NikaJourney
1
BTC Short Term Key Levels! See You at $67k!Hello Traders! Just wanted to provide a quick update to Bitcoin. We just broke the Opposing Short setup so that's good for Bulls. We may get a slight pullback before continuing with the Shorts being stopped out, but depending on the market, it could keep going. Ultimately, I see us at $67k in no time. Let's see if the market agrees with my analysis. Key levels are on the chart! Happy Trading, always manage risk. Quality in trading is the ability to react to one's own psyche
Long
by SmileyTrades
EUR/CAD | Potential Downward Movement 🔨🔨🔨Technical Analysis: The price on the higher time is showing lower lows and highs where it is smashing all the daily supports. Recently, the price posted a correction count toward the resistance (previously support) at 1.4914 USD level. On the lower time frame, the price is forming a bearish pennant, where we expect a breakout to the downside and then a move downward toward the 1.4852 USD mark. ------------------------------------------------------------------------------------- Trade Idea: Sell Limit Order @ 1.4914 Take Profit @ 1.4852 Stop Loss @ 1.4940 Trade Safely 🙂
Short
by Forex-Robot-Nation
2
Wedge Breakout Will Determine DirectionGold broke a range it held a few days, but needs to fill a wedge to determine its true direction. If bullish, I'm going to ride her as far as the daily level area to 1910.90. If it breaks for the bear, I'm going to swing it all the way down to the monthly area around 1769.11. This is the time of year where gold prepares for a swing trade. So I'm anxious to see where we'll go this week. BULL TPs: • 1877.19 • 1899.79 • 1910.90 BEAR TPs: • 1843.04 • 1829.20 • 1819.96 • 1801.80 • Stretch TPs: • 1779.78 • 1769.11
FX:XAUUSD
by NikaJourney
5
A Giant Slant With No Pullback Setting Up For A Big DropGBPUSD has been moving is a large slant for a lengthy period of time according to the daily. And a slant with no pullback of any kind means that a drop is coming. The sideways movement we're seeing could be setting up for a major move to the downside, or a temporary climb further up before it comes crashing back down. Time will tell. Here are the TPs. BEAR TPs: • 1.36126 • 1.35326 • 1.34493 • 1.33804 BULL TPs: • 1.37593 • 1.38250 • 1.39098 • 1.39786
by NikaJourney
2
GBPJPY - Where will we go after 150. ? 2020's bullish run into 2021 has most defintely surprised us all, but is it time for a potential reversal once we've exhausted the 150. level? - I'm personally bearish once liquidity has been snatched between 150-150,500 where retail stops will be on last week's short sellers. -A very interesting week or two coming for this pair I feel, has the mood changed? -DXY strength could come into play next week, which could give that fundamental push to the yen. -*First entry indicated is more of a potential retail buy setup and stop loss, I'd wait for a confirmation rejection from the bottom of the grey order block below before longs to 150-* - Second entry shown gives me more confidence and confluence to take the trade depending on how momentum appears when approaching these key levels. What are your thoughts? This is only my perspective on potential price action that I shall be looking for over the coming days/weeks as indicated.
by WRJ_FX
2
Possible break to $1860 if $1780 breaks...Possible break to $1860 if $1780 breaks... I am cuurently observing the $1785-$1790 level. Breaking here should put more pressure on the price to decline. Support here and we could go back up to test the 1800-1808 level. Im not in any positions at the moment. I've emphasised on remaining short in this market unless momentum suggests otherwise, yesterday was another reason why we're not longing yet. Our potential overall target of 1780 is getting closer. Let's see if we get a breakout to the downside.
OANDA:XAUUSD
by FTUKcom
15