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Keylevels

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
Which Will Win? Daily Level Resistance or Bullish ConfirmationLooks like the daily level at 142.267 area has been a strong area of resistance for a little while. But an inverted head and shoulders formed at the top of the trend to finish out last week. The question on my mind is which will win the big move for the week? The daily level's strong show of resistance? Or the candle pattern that's signaling a strong bull run continuing? About to find out. BULL TPs: • 142.267 • 142.626 • 143.142 • 143.706 • Strectch TP: 144.788 BEAR TPs: • 141.374 • 140.958 • 140.723 • 140.373 • 140.171
by NikaJourney
4
Possible Candle Formation Will Determine Trend DirectionThis looks like an incomplete inverted head, neck, and shoulder forming on the 4hr after the strong bullish move the later half of last week. We did pass a weekly level, so a pullback is likely, but may not hold for very long. If we breakthrough both the weekly 1.55481 and daily level 1.53147 areas, we'll continue on the downtrend seeking to reach a new low. Let's see how this plays out. BULL TPs: • 1.55140 • 1.55357 • 1.55772 • Stretch TP: 1.57114 BEAR TPs: • 1.54481 • 1.53962 • 1.53488 • 1.53147 • Stretch TP: 1.52359
by NikaJourney
Cardano Correction or move up?in this time frame we have a great ascending channel as you see in the chart, and key levels of support and resistance .for now price follows the bearish trend line and one unsuccessful break out and a triangle pattern as well. if the price could break out successfully and stabilize above the resistance we can see bullish movement to the top of channel 48 or 50. but if price be unable to break above and break downside of the triangle and ascending channel the two main support could be great area for price recovery and powerful movement to the higher targets.
by behnamkarimi6
There are two possibilities on GBP/AUD with short-term...Sterling is still displaying a degree of resilience on BoE rate recalibration grounds due to Governor Bailey’s NIRP push-back yesterday, but also on a slightly more positive note from UK PM Johnson who claims to see signs that national lockdown is stemming the pandemic spread. Cable has rejected 1.3700 again, but bounced from sub-1.3650 lows after a temporary breach of a Fib retracement level (23.6% of the move from 1.3450 to 1.3701 at 1.3642) and Eur/Gbp is filling what looks like pre-fix RHS orders just above 0.8900 after failing to extend the downside through the round number. Aussie under 0.7750 pre-NZ building consents and retail sales by card payment, plus Chinese trade data, with little lasting support for Nzd/Usd from ANZ retracting its forecast for the RBNZ to adopt NIRP. There are two possibilities on GBP/AUD with short-term upside favoured.
by FTUKcom
4
Litecoin key S/R levelsHello crypto community! Check out my analysis on LTCUSD. In the chart you can see strong zones where I am going to buy. Now LTC is inside neutral zone, I am waiting for the next movement. More information about my trading style: I am not a pattern trader. My strategy and edge are based on volume zones where I see Big players were trading. When the market comes there, I want to enter a trade. Every day I identify key levels and key zones, then I just wait for the price to come. Leave your comments below!
BITFINEX:LTCUSD
by Asanato
6
NQ Power Range Report with FIB Ext - 1/12/2021 SessionContract - CME_MINI:MNQH2021 - High - 12929.25 - Low - 12898.25 Evening Stats - Gap: = N/A - Session Open ATR: 201.30 - Volume: 18k - Open Int: 229k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 13337 - Short: 10650 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQH2021
by mv3trader5
NQ Power Range Report with FIB Ext - 1/8/2021 SessionContract - CME_MINI:MNQH2021 - High - 12945.00 - Low - 12919.25 Evening Stats - Gap: = N/A - Session Open ATR: 199.70 - Volume: 26k - Open Int: 229k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 13337 - Short: 10650 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQH2021Long
by mv3trader5