Priceactiontrading
LTCUSD: Price action with bullish smell.We see a symmetrical triangle on Litecoin. The price responds beautifully to the S / R zone and together with the lower edge of the triangle creates a suitable place for speculation for the growth of the LTC / USD pair.
Alex, UCT team wishes you nice trading.
PriceActionAs long as the downtrend line is not broken, it can move along the white path and reach the range of 34,000
EUR bearish for now but bulls must be getting ready OANDA:EURUSD
Hi guys , how you doing ? , I hop you're all fine
EURUSD is now in the a descending channel
The price also touching EMA which can act as a resistance
So until now , we have 2 good and obvious resistances (EMA and the channel)
Also the momentum is decreasing and getting bearish
therefore it's logical to say that EUR gonna be bearish for short-term of time .
But I not gonna enter the bearish move , I prefer to stay and enter with bulls at 1.16640
I hope the bears will lead the price to that target
But for now it's bearish
so that's my opinion .
what's your suggestion and idea guys ?
I'd be glad to know your opinion !
EURCHF Short• Broke out of a big channel – 90% chance of going to the bottom
• Downward trend creating a lower high
• Came back to retest the channel’s support
• Created a rising wedge which is now broken
CRYPTOCURRENCY BITCOIN (BTCUSDT) SMALL PULLBACK BITCOIN ( BTCUSDT ) 30 minutes timeframe -> Inverted Head and Shoulder. A strong buying level when market is consolidating/downtrend.
This indicates after long bearish trends, the price falls to a trough and subsequently rises to form a peak.
It has taken support also from 20 EMA and a good green candle ready to make a breakout. RSI also supports it.
It can do a retest on 20 EMA and then go towards the target.
Only take entry when 15 min candle closes above 43219.
First target - 44038. Book profits there or trail your stop loss for 2nd target 44500. Stop loss should be 42672.
Possible trade zoneWe could have a possible long on present zone (1.270206 - 1.269164)
If not, the 1.268023 - 1.26633
Possible buy zoneWe could see price push up to the upside from the highlighted zones ( 109.444394 - 109.31447)
Trade ideas and stock picks for next weekHere are a few trade ideas and stock picks for the coming week. Swing and positional.
Low risk high reward setupOn weekly chart, Price is taking support at this level and in daily chart we have seen very good correction. Its a low probability setup but we can take as a RR is very favourable.
GBPUSD, 4hr tf, sell the retest of trendlineTrade ideas for GBPUSD by Hardi
After break below the descending trendline, we finally have a retest today.
Price go towards our desired price at 61.8 fibonacci retracement of recent breakout which could offer us a good 3R trade setup.
Overall if we follow it as bearish flag, the target should be around 1.35xx area but we will be satisfied if we could secure 3R.
Sell GBPUSD 1.3830
Stop loss 1.3900
Take profit 1.3620 (3R)
Use only 1-2% risk
Good luck
GER 30 pure structure trend analysisEASYMARKETS:DAXEUR Goodies for you again after a winning nas100 (last publication) ....buy once you see a strong momentum to the upside
like & follow
Possible trade on highlighted zoneWe could have a possible push to the upside on the 1.37372 - 1.37204 zone.
GBPJPY, 4hr tf, break of trendlineAnother pair to trade is GBPJPY.
Setup is pretty much like my GBPCHF ideas which is bearish flag pattern.
Although this bearish flag is not as clean as GBPCHF, it is very possible GBPJPY also making a bearish flag.
Sell GBPJPY 152.00
Stop loss 152.70
Take profit 149.10 (5.5R)
Use only 1-2% risk
Good luck
Enter on your own risk
GBPCHF, 4hr tf, bearish flag patternHello guys,
It has been 2 weeks since my last post in tradingview.
I haven't found any interesting setup so I don't post anything.
Today i finally found an interesting trade to share with you all so i will share it.
As you can see, GBPCHF right now hovering at 61.8 fibonacci retracement of recent swing low. It looks like a bearish flag to me and we might get another swing to the downside.
For this pair, our position gonna be sell.
Sell GBPCHF 1.2670
Stop loss 1.2730
Take profit 1.2390 (4.67R)
Use only 1-2% risk
Good luck
NZDCAD Price ActionPrice action for NZDCAD is showing a very clear sign that price may be coming down. Higher Time Frames show price is in an ascending structure, and we have broke out of this bigger structure in a smaller ascending 1-2-3 structure. If you pay attention to the smaller time frames you could clearly see price is reaching this smaller structure's third touch in a consolidated manner. Stacking these multiple confluences, you could look for clear possible shorts near any third touch rejections, or take a short play on price's first impulse + Continuation Flag
Update GBP/CHF Quick Short RecapWasn't really looking to go short until I saw the close on the daily chart last night just before London by a few hrs. Interesting, though to see how one feed from Oanda shows something entirely different than another feed. Not a bad idea to use two different feeds to get some confirmation.
Trade well!
Long GOLDOANDA:XAUUSD
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let me introduce you to my 3 great trading friends... THE 20, 50 & 100 MA!!!
3) The mind! - My analysis may not always be right, nobody is, it's just my opinion and point of view. There's no right or wrong in any market analysis, the only thing is belief. Believe in me and my analysis, let the result be the light to the dark cloud hovering your thoughts about trading.
4) Please feel free to comment and feedback to me about my analysis & on your views about the market. Through sharing, we grow together as a trader!
- Bullflag formed
- Retesting key level (RTS)
Possible buy on highlighted zone (retracement trade)We could have a possible continuation down to the downside. We could have a quick retracement at the highlighted zone during the push. Most highly anticipated area is below the 1.26039 horizontal ray in the zone. If area doesn't get respected, we could look at the 1.2581 - 1.2557 zone.
