Retest
US30 buy, 4hr analysisPrevious 4hr stick made the perfect retest. After Fridays upwards trend, we will look for the continuation buys. We had pullback for London, but price hs now retested the resistance zone(yellow box) as a support. When the last 4hr ended I bought, lets see how she goes
BTC: BEST POSSIBLE SCENARIO FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BTC update. My previous BTC analysis went wrong, I didn't expect that quick pump from $18k to $21k and IMO no one caught that kind of move. Still, I fully accept my mistake and try to learn more daily from the market.
Now, let's get to the chart.
As you see, BTC is forming a large falling wedge-like structure in the 2-day time frame and currently rejecting from the upper trendline of the wedge. From here, I'm expecting a correction up to $18k-$19k and this is the zone where I buy everything with a tight SL.
I'm expecting that after reaching the $18k-$19k zone, BTC will start pumping and breaking this falling wedge. Once it breaks above it then be ready for $30k
Invalidation of bullish scenario will be close below $18k
So as of now wait patiently until BTC reaches the support zone ($18k-$19k). Meanwhile, in between, try to do some scalp with a strict SL.
What do you think about this? Do you agree that BTC should do a pullback from here? Let me know your thoughts in the comment section.
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Thank You!
CRUDE OIL Short From Resistance! Sell!
Hello,Traders!
CRUDE OIL went up from
The lows to retest the
Key horizontal resistance
But Oil is already locally
Overbought so I think
That after the retest of
The level we will see
A bearish move down
Sell!
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US30 going upUS30 is setting up for a buy, been buying for the past few days, We have broken above the consolidation flag pattern. I think that when the current 1hr stick closes bullish, we could see more buys. The current setup show a retest for the continuation of the uptrend
GBPUSD Buy?GBPUSD pushed up from a double bottom structure Friday, finally breaking through a consolidation zone, price has broken through and retested the zone, making it a support, while also retesting the 14ema, after the 14 and 50ema crossed the 200ema confirming a market direction change to an uptrend. I have entered the buy at the end of the last 1hr stick. Lets see how it plays out
AUDUSD I Scalp and intraday buy from supportWelcome back! Let me know your thoughts in the comments!
**AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EVR - morphing into uptrendGolden crossed on 8 Dec22. However a stock could still be volatile for an average of 2-6 weeks after a Golden Cross has occurred before it began to trend more consistently. About 4 weeks post golden cross now, will this stock be ready to break above 117 soon?
Warning: Earnings is expected on 1st February, there is always risks to trade or hold positions through earnings.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
XAUUSDHello traders.
I remain bullish on gold.
Price is shown that it might visit 1840-1860-1880 area.
Good areas to buy could be Fib retracement levels of 0.5 and 0.618 connecting the most recent Swing Low and Swing High.
However, it can break straight up which means that we should keep an eye in different retest area and draw Fibo again according to updated data.
In my point of view, the price is inside a raising channel and the bottom has recently been checked as dynamic support.
The outcome for price is the surplass of buyers pushing gold higher.
EURUSD move out the boxFX:EURUSD
English: Hey, trader! Here we have the EURUSD in the 4h time frame.I delated every trendline,fib,sup,res. I'm just looking for a move out the Box and then try find e retest move to the box and then take an entry. There is one important news in the afternoon tomorrow. So be careful! Theis news can change the direction of the chart very quickly!
Deutsch: Hey, Trader! Hier haben wir den EURUSD im 4-Stunden-Zeitrahmen. Ich habe jede Trendlinie, Fib, Sup, Res gelöscht. Ich suche nur nach einem Ausbruch aus der Box und versuche dann bei einem Retest zur Box einen Einstieg zu finden. Morgen Nachmittag gibt es eine wichtige Nachricht. Also sei vorsichtig! Diese Nachrichten können die Richtung des Diagramms sehr schnell ändern!
(KISS) -> Keep it simple stupid !Nifty was in a bullish movement and consolidated in the range of 18604.45
and 15183.40. Then an impulsive move started from 15183.40 to 17838.90
and Nifty got resistance from the above trendline. Then nifty broken it through
breakaway gap. That Gap is being filled and retesting the support of the buyers
at the trendline. If retest find support it will further resume its primary trend.
That's it. Watch for 17750.
Semiconductors trying to reclaim 5-week sideways rangeKeep an eye on the semis here as they try and reclaim the lows of this 5 week sideways range. They didn't break down as hard as the major indices and the open gap from November is still very much in tact.
Overall, we're seeing some relative strength out of this higher beta group.
DXY TVC:DXY
English:DXY for me right now is at a point where I woulnd't enter yet. I would wait until it makes a clear move above or under the major level (104.00), wait for a retest and then enter when it gives me a clear candle.
Deutsch: DXY ist für mich gerade an einem Punkt, an dem ich noch nicht einsteigen würde. Ich würde warten, bis es eine klare Bewegung über oder unter das Hauptniveau (104,00) macht, auf einen erneuten Test warten und dann einsteigen, wenn es mir eine klare Kerze gibt.
EUR-GBP Local Rebound! Buy!
Hello,Traders!
EUR-GBP went down from the
Falling resistance and is
Volatile overall but the pair
Has retested a support level
From where a local rebound
Is already happening and I think
We will see a further move up
Buy!
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DXY Wedge Breakout! Buy!
Hello,Traders!
DXY was trading in a falling
Narrowing wedge but then
The index retested a horizontal
Support level from where we saw
A rebound, after which the price
Broke out of the falling wedge
So I think there is a good chance
To see a further move up
Buy!
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