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USDCHF FALSE breakdown and GROWTHUena of this currency pair has been moving in a global downtrend for a long time. Two narrowing resistance and support lines are correcting price movements in the next trend. The support line is quite strong - it has existed on the chart since 2017 and has been quite successfully stopping the price decline all this time. This is clearly seen in the last few months - since July - each time the price reverses to the line. This time, the price touched the resistance line at 0.893 and was able to break it. One already becomes clear that this is an insignificant false breakout after which the price is going to grow again. I expect that now the price will start to rise again during the growth, break this line once again, fix on it by means of a rollback and then rise to resistance. Thus, the expected target is the resistance line 0.906. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Long
by Lingrid
9
GOLD on strong RESISTANCE zone. Start FALLGold passed part of the way according to the plan outlined by us earlier - namely: it rose to the resistance zone. From the support level of 1766.34, the price jumped and rose to the resistance level of 1798.39. There is a very strong resistance zone at this level. It is formed, firstly, by the level of resistance itself. Secondly, at the same place, the level crosses the July 2020 resistance line. As you can see on the chart, the line has already given an impulse for a price reversal several times. So right now I don't think the price will be able to break this strong zone. I expect the price to move along the resistance zone and then fall back to the support level. The final target is thus a support level of 1766.34. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
FOREXCOM:XAUUSDShort
by Lingrid
32
Ethereum Setup.Ethereum - Intraday - We look to Buy a break of 458.2 (stop at 449.8) Price action has continued to range within a triangle formation. Trend line support is located at 440.0. Trend line resistance is located at 454.0. The bias is to break to the upside. Daily signals are bullish. Prices are extending higher from the bullish flag/pennant formation. Our profit targets will be 482.3 and 492.3 Resistance: 450.0 / 458.0 / 470.0 Support: 440.0 / 434.0 / 426.0
BITSTAMP:ETHUSDLong
by Signal_Centre1
1
GBPAUD Intraday 3:1 Setup. GBPAUD - Intraday - We look to Buy a break of 1.8461 (stop at 1.8418) Price is in a bullish flag. With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals. Short term MACD is moving higher. Expect trading to remain mixed and volatile. The trend of higher highs is located at 1.8600. A sequence of daily higher highs and lows has been posted. Our outlook is bullish. Our profit targets will be 1.8592 and 1.8623 Resistance: 1.8420 / 1.8500 / 1.8600 Support: 1.8380 / 1.8315 / 1.8300
Long
by Signal_Centre1
UPSIDE MOVE MAY CONTINUE - EURUSD TRADE PLANLooking at the COT data, the net LONG positions are still far greater compare to the net SHORT positions, Technical wise currently price trading at the previous broken demand area which near the descending resistance channel. Upside continuation in favor. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support!
Long
by LCFXpro
4
EUR/CAD 4 Long Confirmations Good day, snipers. Here in the EUR/CAD, we have multiple confirmations to go long. TECHNICAL ANALYSIS first on the 4H time frame, price recently rejected the bottom of the ascending trend line. Also, price broke a resistance level and we will be waiting for a retest before going long. Price is also trailing above the 8 EMA showing a strong trend. FUNDAMENTAL ANALYSIS next is about the CoT report. Currently, net positions regarding the CAD are being sold while the EUR is being bought the previous week. Specifics are discussed with the team and accurate entry, SL and TP are sent too. Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up. Ideas posted are not financial advise, but merely just to give insights and education for traders. Past performances do not determine future gains. As sniper traders, we tread carefully, then we take shots immediately. Join the discussion down below or leave me a message if you have any questions about the idea.
Long
by SniperFXFree