Short on Wipro Just for Educational Purpose....
Ending diagonal Pattern with Double top on its top & Retest to SUPPLY Zone
SL must be Strict above high.....
Retest
✅NZD_JPY WILL KEEP GROWING|LONG🚀
✅NZD_JPY is going up currently
And the pair broke the key structure level of 87.200
Which is now a support, and has made a pullback
And the retest, so I think the price will keep going up now
LONG🚀
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EURUSD - BULLISH DOUBLE BOTTOM📈Hello Traders👋🏻
On The Daily Time Frame The EURUSD Price Formed a Double Bottom Pattern.
Currently, The Neckline is Broken🔥
So, I Expect a Bullish Move📈
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TARGET: 1.08709🎯
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BTC UPDATE! BUYING HERE WITH AN EASY INVALIDATION!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
After Powell's hawkish comment on the Fed Interest rate, BTC plummets below the FWB:25K level. As you see in the chart, this looks like a proper retest. After breaking out from the head and shoulder pattern in the higher time frame, currently it is retesting the neckline. If the price holds above this neckline then we might see the start of a new rally from here.
Invalidation:- If this 2-D candle closes below this neckline ($24.8k) then this chart becomes invalidated.
What do you think about this?
Do you think that price holds here or do you think that it dumps more?
Share your views in the comment section.
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Thank You!
AUDusd continues to make higher highsThis pair is very beautifully creating its higher highs. I was initially hesitant to go long as price was up trending however there were some bearish signals such as lack of strong bullish candles. This bullish push was made with weaker candles beneath this resistance. After a retracement, and a re-test of support, the trendline, or daily/weekly support.
Gold to retest its lows, reversal potentiallyGold has taken over 7 days to decline back to its lower low. I don't believe that price is prepared to push lower. I will await a re-test of the lows to indicate whether I will go long on gold at the bottom of its consolidation range. As long as price continues to decline with these indecision candles I'm under the impression that it will suddenly become bullish after a reversal candlestick retest at the low of 4H bullish engulfing confirmed.
USDJPYA Indecision pullback to resistanceUSDJPY is in an intraday uptrend again. The overall trend is bullish however I believe that this is a re-test of the former high and based on how price is approaching the resistance it doesn't signal much bullish strength anymore. Price is currently at a high of an untested zone, the all time high and a Daily evening star pattern.
Shorting a Daily shooting star re-testAUDUSD provided a daily shooting star on Monday which signaled that intraday it may become bearish. This re-test is after a Bearish Engulfing was confirmed on the prior touch. The 4H failed to break beyond a monthly resistance. I took a 1H evening star short beneath resistance.
USDJPY 4H Bullish ReversalI was initially under the impression that UJ might be prepared to retrace deeper. if the 23.6% fib did not hold. The Fibonacci level has held up nicely. Yesterday another indecision candle on top of support, and the 23.6%. In addition, the 4H moving average crossing to the upside, the 1H formed a higher low after forming its higher high within this range. I believe price is preparing to breakout bullish to continue its upward trend.
EURUSD just make another higher high. BUY!EURUSD retraced to the 38.2 and formed a morning star. Price then broke through a strong resistance. The 1H is looking to re-test support. I will be looking for indecision and reversal candlesticks on top of the daily support or the prior high which is near the low & 38.2%.
USDJPY rejected at 4H Lower HighI decided to short UJ here as the 4H shooting star at a re-tested area was a bearish enough signal for me to go short. Price has been making Lower Highs on 4H and daily chart. The bullish candles have been forming with a lot of indecision. This entry was taken based on the 4H close, as well as the 1H presenting a strong evening star at a Evening star re-test. My entry was upon a bearish 15min engulfing at a potential high/re-test of resistance. My stop loss is just Above the high of the shooting star. My target is the next daily Lower Low.
Gold broke another correction trendlineI believe that as gold continues to become bullish at support that its willing to break into a higher high. Currently the downtrend momentum is halted by consolidation. Because the overall trend is currently bearish, I will await a reversal candlestick along with volatility on support for any long positions. Potentially a false breakout to the downside. Currently there will be some intraday bearish activity as another shooting star presented at resistance and a bearish engulfing. Price is currently trading beneath the neckline of a double top.
usdjpy consolidating before breakoutUSDJPY is hinting at a momentum swing. The overall trend is still up however price has not been making any new higher highs on the daily, In fact, volatility at the high forms a bearish reversal signal. I believe price is pulling back intraday bullish, but this push isn't very strong. Another daily rejection at the high will trigger a short setup for me.
GOLD Local Short From Resistance! Sell!
Hello,Traders!
GOLD made a rebound
From the support below at
Around 1939$ just as I
Predicted in my previous
Analysis and now the price
Has almost reached the
Horizontal resistance of
1980$ from where I think
We might see a good
Bearish correction
Sell!
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Check out other forecasts below too!
EUR/USD RetestEUR/USD is currently in uptrend on 15m timeframe and a retest to previous higher high is diffidently a good oppartunity to long, the previous higher high also aligns with 0.5 fib level and 20 EMA on 1h timeframe which is even better and stronger confirmation of continuation. A dump to previous higher high (retest) can potenially make hidden bullish divergence on 1h time frame which means continuation of the trend.
USDCHF - BEARISH MOVE📉Hey Traders👋🏻
The USDCHF Price Reached A Support Level (0.90568-0.90350) !
Currently, The Price Broke This Key Level (Support Level Becomes New Resistance Level)
Moreover, The Price Broke The Support Line 📈
So, I Expect a Bearish Move📉
i'm waiting for a retest...
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TARGET: 0.89806🎯
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GBPUSD - BULLISH MOVE📈Hey Traders👋🏻
On The Daily Time Frame The GBPUSD Price Reached a Support Level (1.23304-1.22746)✔
Currently, The Price Failed to Break The Support Line and Create a new Lower Low 📉
So, I Expect a Bullish Move📈
i'm waiting for a Retest on Lower Time Frame
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TARGET: 1.25255🎯
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✅CAD_JPY LOCAL SHORT🔥
✅CAD_JPY has reached a supply level of 105.00
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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AUDUSD short this morningI decided that this pair is relatively close to retracing as the 30min moving average crossed over to the downside and a 30min trendline break. I placed a short order based on the false break close on the monthly resistance. The 4H turned out to be a shooting star at a key area. I believe that Buys are short term over. Now is the time to profit from shorts. Looking to catch the reversal. from Bullish to Bearish.
USDJPY ceases to create lower lowsAfter an indecision pullback to retest a 4H bullish engulfing, I took a long position based on the higher high and retest of the 30MIN. I'm taking long positions based on the 23.6 retracement of the daily chart. I expect for price to continue to make higher highs as I believe this uptrend is still strong.
DXY sellDollar Index Has taken a resistance over H1 Resistance and heading downwards now we have a 1:2 R:R which seems to be accomplished as Dxy made a move downwards it has given a marubozu candle near H1 resistance both the confluances made us think that the currency have downwards rally
DOTUSDTDOTUSDT was trading in range from sometime , and recently broke through the range and now testing the broken level. It also facing the pressure from declining trendline.
Will it head even lower ?
✅GBP_AUD WILL GO UP|LONG🚀
✅GBP_AUD is going down now
But a strong support level is ahead at 1.860
Thus I am expecting a rebound
And a move up towards the target at 1.868
LONG🚀
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