Pivot
Bullish Continuation PossibleIt looks like the bearish move is over even after the breakout from consolidation
.
If it can breakthrough my monthly at 120.238, we will have a strong bullish continuation. That's what I'm waiting to see what happens right there.
BULL TPS:
• 120.008
• 120.631
• 121.163
• 121.509
• 122.055
BEAR TPS:
From the monthly 120.938
• 119.721
• 119.094
• 118.573
• 117.600
CADJPY Might Attempt A Move Upwards To Around 84.000 Area!Hello Viewers, this is an instant trade signal! Therefore, please have a look at the main chart for the following vital trade details:
• ENTRY POINT
• STOP LOSS
• TAKE PROFIT
• RISK TO REWARD
The setup may look simple but I can assure you it is NOT. There are various in depth technical and fundamental analysis incorporated behind the execution. I would very much love to explain these two aspects here but doing that would consume ample amount of time which could affect the appropriate entry point behind this trade! So, to keep it simple the main chart just displays the simplified technical view of this trade.
My way of performing technical analysis basically starts by breaking down the monthly Timeframe down until the One Hour charts. The following are the aspects I focus most on when performing technical analysis:
• Draw Support & Resistance through key common psychological levels on M & W Charts. This helps me to see where the price might stall or breakout.
• Draw Trendlines to determine the dynamic support and resistance levels present on the charts. This helps me to determine where the price might stall and most importantly help determine the path of least resistance behind the active trade.
• I also tend to use EMA 50 on all the Timeframes. This EMA 50 is proficiently proven to act as dynamic support and resistance and is vital behind all my analysis.
• Lastly, I tend to use classic pivot levels to determine my entry, stop loss and take profit levels. The combination of this and all of the above helps me determine the precise and likely trade targets behind the setup.
Another aspect of my way of analysis is reading a lot of news to determine the fundamental aspects affecting any trade. After the technical analysis is performed, I tend to match if the fundamental aspect really supports my technical analysis.
Therefore, as you could see, putting all my thoughts here would surely take up a lot of time which could make the price drift away from the entry price thus affecting the Risk to reward ratio. I understand it is vital for many of you to know the details behind this trade setup, and so if you are interested you could send me message and I will try to share most of what I can!
The Above words are just template I use in all my trades. Shall there be any updates I will provide them here. Thank you
HOLD THE DOOR!What is a Pivot?
Pivot is a significant price level established when a stock fails to penetrate it to the up or downside or the price has a breakout past the pivot level. Often, a sudden increase in volume accompanies a move through the pivot price level.
I hear Ponzi this Ponzi that, 6.5K entry, 4.5K entry, dump this ponzi which in consequence leads a bunch of sheep to believe it is going to dump.
Go against the crowd, educate yourself & DYOR <----- Financial Advice.
LONG FTW!
Will there be a Trend Reversal on Natural Gas very soon?There have been a few trend reversals in the past couple weeks for NATGASUSD. These reversals occured right after Divergences of Price vs. Momentum. Currently, AutoDivergence signalled a bullish Divergence. In this case AutoDivergence also includes an RSI-filter to add an extra confirmation to this signal.
Looks like a perfect time to enter a long position!
Profit Target is the monthly pivot point at 2.43
Remember that NATGASUSD is a CFD - so depending on your risk appetite, already small swings can result in high profits by using a high leverage. But don't forget that leverage works in both directions ...
ASGN: Make your own opinion with key areas to viewA couple positives and a couple sticking points for ASGN. Hopefully in an upward channel in the short term. I believe we need to print a weekly candle above the pivot and descending dark red line. Only then will we confirm breakout above the weird double/triple/IHS bottom thing we have going right now.
I think a print above the line will send us to the $84-86 range.
BTCUSD | Strong Downtrend Into Nice Correction -> ShortMarket Structure:
- Regression-Channel Downwards
- At Trendline-Resistance
- At Resistance-Zone
- At Next Months Pivot Sellzone
-> Wait for price to stabilize after this big move upwards today. Then short if it still didn't break trendline and resistance zone.
Everything speaks for a heavy monthly bearish entrance.
The pivots are pretty tight, because price didn't move much this month. That's why the target this time should be next months M0 ($ 6437) or S2 ($ 6719).
Expect to hit these targets until the 3rd week of november.
USDCHF Likely To Test 0.97500 Level After Trendline Violation!Hello Viewers, this is an instant trade signal! Therefore, please have a look at the main chart for the following vital trade details:
• ENTRY POINT
• STOP LOSS
• TAKE PROFIT
• RISK TO REWARD
The setup may look simple but I can assure you it is NOT. There are various in depth technical and fundamental analysis incorporated behind the execution. I would very much love to explain these two aspects here but doing that would consume ample amount of time which could affect the appropriate entry point behind this trade! So, to keep it simple the main chart just displays the simplified technical view of this trade.
My way of performing technical analysis basically starts by breaking down the monthly Timeframe down until the One Hour charts. The following are the aspects I focus most on when performing technical analysis:
• Draw Support & Resistance through key common psychological levels on M & W Charts. This helps me to see where the price might stall or breakout.
• Draw Trendlines to determine the dynamic support and resistance levels present on the charts. This helps me to determine where the price might stall and most importantly help determine the path of least resistance behind the active trade.
• I also tend to use EMA 50 on all the Timeframes. This EMA 50 is proficiently proven to act as dynamic support and resistance and is vital behind all my analysis.
• Lastly, I tend to use classic pivot levels to determine my entry, stop loss and take profit levels. The combination of this and all of the above helps me determine the precise and likely trade targets behind the setup.
Another aspect of my way of analysis is reading a lot of news to determine the fundamental aspects affecting any trade. After the technical analysis is performed, I tend to match if the fundamental aspect really supports my technical analysis.
Therefore, as you could see, putting all my thoughts here would surely take up a lot of time which could make the price drift away from the entry price thus affecting the Risk to reward ratio. I understand it is vital for many of you to know the details behind this trade setup, and so if you are interested you could send me message and I will try to share most of what I can!
The Above words are just template I use in all my trades. Shall there be any updates I will provide them here. Thank you