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Sideways

Dive in the deep After a long rising in a five wave structure and run into the wall of 0.7070(as I was expected this in the related idea) it seems the price should fall into the deep by a corrective wave. Not to mention that the rising trendline is about to break down. So I'm waiting for the breakdown and an accelerating decline. There are two strategies, before the break(aggressive style) and after the break(conservative style). At the moment I can say that the price must not go above 0.7070 adding it that there is not to much space for further rising. Important Always use stop order, cutting losses, this is one of the essential elements of your risk management and if you would like to be an independent investor then you must be the master of risk management. Disclaimer Reserved the right to make changes the content on this analysis at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Short
by MoodandMarkets
EURUSD: New safe haven against major pairs?This morning, I saw an educational video from transparent-fx and showed that the EURUSD is shaping an inverse H&S in D chart and indeed it is. Besides, in the H4 chart it comes from shaping a non-inverse H&S what makes you realise that the pair is experiencing a sideways movement since June 8. If the figure is finished, by June 30 EURUSD could reach 1.14. In addition, fundamental readings have been quite strong, coronavirus is contained in most of the european countries and even though Germany has seen a surge in covid19 cases, Merkel is still the Chancellor so she knows how to deal with this. On the other side of the Atlantic, US and Latin America are not improving which is why investors are running away from america (which has recently seen a spike in bankruptcies filing in the past week, 13-20 June) and embracing euro as the only safe currency since Japanese yen lost that condition when covid19 outbreak sparked the markets around Feb 24. So EURUSD might be the safest currency (inveur, investing.com's euro index is staying around 101, highs not seen since 2014) for this summer-autumn only, until everything drops down again.
Long
by alexinve
Trading Idea on DASH/BTCHello Traders, For DASH, we are below the long term resistance line, so the scenario is bearish for this asset in the long term until we are below that line. In the short term, we felt the support level at the blue line. This can give the bulls a try to take the price to the resistance line, but the movement is weak I bet that we can stay inside a sideways movement for a little longer above 0.0080 will start to look bullish once again Push The like Buton and follow us on tradingview
by MarketMinds
1
Indra: Seizing sideways momentum call opportunity?Indra is moving inside a lateral channel with a slight bearish trend. In the last days there have been good news about projects that are being signed (i.e. Defense, Ireland) but it looks like global pandemic situation is making investors undecisive whether to hold positions on the stock or withdraw. Lond term trend is clearly bullish. The company was planning to get back to dividend payments suspended back in 2014 and now due to covid19 it has left this topic in standby. The truth is that if I think markets are going to throw-back around July 14, IDR may not have time to do its last swing and may go further down to levels seen in 2012. However, if tomorrow decreases a sharp 6%, depending on the global market news we might experience a rebound on Monday or a continuing decline until 6.395€, the base of the slightly bearish channel. So we must be very focused on what happens tomorrow in macros, news, covid19 new outbreak and market sentiment and operate consequently. On the weekend there might be as well some news or none that may affect the global stockmarket sentiment. One thing is for sure: There is a lot of volatility and one could benefit or lose with it.
BME:IDRLong
by alexinve
1
EUR/USD trending sideways for now. We are stuck trending sideways, and I fear its for the rest of the week. I am hoping we get confirmation tomorrow. Friday trades are super risky. If you notice my two yellow trend lines fall right on the fib retracement lines. We are looking for a break beyond either one. I'm leaning neutral but expecting bulls soon. Keep in mind that there will be a huge USD deflation coming. This will be a bull year for the EURO, BUT if we break down below 1.11914 a new analysis will have to to considered OANDA:EURUSD I upload signals almost everyday, If you want to get daily signals remember to FOLLOW and turn your NOTIFICATIONS ON! 🤗 TELL ME YOUR FAVORITE CHARTS! I'M BRANCHING OUT! You can always show your support by liking, following or commenting! Much love to all, have a great day traders! Disclaimer The material and information contained in this analysis is for general information and educational purposes only. You should not rely upon the material or information on any of my analysis as a basis for making any business, legal, or any other decisions.
by BostonJoe
How to trade SP500, SPY in the current market- SPY likely to trend sideways 280-290 in short term. - Current level is perfect to short. - I am bearish on the stock, on the fundamental level, at least until 2021. However, there are political forces at play that are keeping the market up. - Always bullish for the long term, however. - This neither a bear market nor a bull market. - I am pessimistic on the short term outlook, yet I still believe that certain forces are still able to hold the price at current levels, thus I am expecting the SPY to move sideways. - Sideways means buy low, sell high? No, since I am bearish, I will only sell high(~290), take profit low(~280). But I will not buy near 280.
AMEX:SPY
by yujingr
Bitcoin 50/50 TriangleAt Bitcoin, the next few days will be decided in which direction to choose. In the picture you can see Bullish triangle with a target around 11500$. To fulfill this scenario, BTC must still fall into zone 9250$, maintain it as support, and bounce toward UP. The bearish scenario is that the BTC falls below 4H BK231 (marked in orange), falls out of the triangle, and falls to a value of about 7,300$. Bitcoin would lose the bullish momentum and could gradually fall even lower. Currently it is 50/50, as BTC is located in the sideways structure. Do not forget check out our Active trades ;)
by Tradify_Labs
BTCUSD - Sideways/Choppy Today. Price Technical Analysis #80Market in last 24 hrs - As predicted in yesterday’s analysis, BTCUSD price consolidated. Both bulls and bears tried to gain control, but none succeeded. - Market moved ~1.5%, between $9.6k and $9.8k - Price at time of publishing: $9,770 - BTC’s market cap: $180 Billion Today’s Trend analysis Price should continue sideways trend today. Oscillators are mostly neutral. MACD histogram is in negative zone but RSI is at 57 and CCI at 70, both higher compared to yesterday. Overall neither bulls nor bears have enough strength to drive the market up or down. - Choppy/Sideways today - ‘Oscillator‘ indicators are mostly neutral. RSI at 57 - ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community!
COINBASE:BTCUSD
by Mudrex
8
XRPUSD - Choppy/Sideways Today. Price Technical Analysis #6Market in last 24 hrs - As predicted in previous analysis, XRPUSD price consolidated. Market moved by ~2%, between $0.200 and $0.205 - Price at time of publishing: $0.2044 Today’s Trend analysis Price should trend sideways today. Oscillators are mostly neutral and compared to yesterday more have switched to confirm neutral momentum. MACD histogram is at 0. RSI is at 54 and CCI at 62, both moving closer to neutral zone, confirming that bulls are loosing strength. - Choppy/Sideways today - ‘Oscillator‘ indicators are mostly neutral. RSI at 54 - ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSD
by Mudrex
2
ETHUSD - Choppy/Sideways Today. Price Technical Analysis #41Market in last 24 hrs - As predicted in previous analysis, ETHUSD price consolidated. Market moved just ~2%, between $209 and $215 - Price at time of publishing: $213 Today’s Trend analysis Oscillators are mostly neutral and compared to yesterday more have switched to confirm neutral momentum. MACD histogram is in negative zone. RSI and CCI are both at 61, both moving closer to neutral zone, confirming that bulls are loosing strength. - Choppy/Sideways today - ‘Oscillator‘ indicators are mostly neutral. RSI at 61 - ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:ETHUSD
by Mudrex
2
ETHUSD - Choppy/Sideways Today. Price Technical Analysis #40Market in last 24 hrs - As predicted in previous analysis, ETHUSD moved up. Market moved 5%, between $201 and $213 - Price at time of publishing: $211.2 Today’s Trend analysis Price should trend sideways today. Oscillators are neutral with a bias towards ‘buy’ side but RSI has crossed down 70, now at 62 and CCI has crossed down 100, now at 90, confirming that bulls have lost control. MACD is almost at 0. - Choppy/Sideways today - ‘Oscillator‘ indicators are mostly neutral. RSI at 62 - ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:ETHUSD
by Mudrex
2
CADCHF - Trading the rangeCADCHF is currently at the top of a sideways trend. We already had a good reaction by sellers, with a big candlestick showing a strong upper shadow right on the level of resistance. As usual, in ranging markets I prefer using oscillators instead of trending indicators. In this case, I use the MACD, that is a momentum indicator that here clearly shows how buyers are losing momentum. You can learn more about the MACD here: www.youtube.com Risk to reward ratio is almost 1:3, so good luck :)
Short
by FedericoSellitti
3
ETHUSD - Sideways Today. Price Technical Analysis #37Market in last 24 hrs - ETHUSD price consolidated yesterday. Market moved 12 points, between $186 and $198 - Price at time of publishing: $196.2 Today’s Trend analysis Price should move sideways today. Oscillators are neutral, and compared to yesterday more now have flipped to confirm neutral momentum. MACD is about to cross up 0. RSI has crossed up 50 and CCI is close to 300, indicating that an upward momentum is gaining strength. Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility . - Sideways/Choppy today - ‘Oscillator‘ indicators are mostly neutral. RSI is at 54 - ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:ETHUSD
by Mudrex