GOLD forming Bullish Pennant,will visit $1,770 level on breakoutPlease Support this Idea with LIKE if it is Useful....
GOLD
The price is forming a potential bullish pennant pattern,after falling to the buy zone I expect the price to visit $1,772 level,the macro trend is still bullish...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 8hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
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*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.
Technicalindicators
AUDUSD, the price will revisit 0.6000 again...Please Support this Idea with LIKE if it is Useful....
AUDUSD
The price has been following an ascending wedge pattern, price broke below the wedge and after retesting the wedge's trendline the price again started falling,I expect the price that price will fall to 0.60000 level again..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 5hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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*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.
AAPL Slight Pullback then Bullish Continuation Expecting small pullback Monday morning to 304.30 then bullish continuation inside Upward Channel to a price target of 315.36.
3 Rising Valleys + Inverse H & S (Slanted Neckline) + Bullish Momentum
*Bearish Reversal if we break below Channel
Analysis last week gave us an initial price target of 303.43 from 3 Rising Valleys with a secondary target of 313.37.
Options Trade: 5/22 AAPL 315c (At support bounce)
BEWARE FIRST & LAST SESSION HOUR- KDD CORPORATION-30MN- MY IDEASAfter a past long ranging period , we can observe that the KDD CORPORATION curve in 30mn has been at first descending.
After a short period with flat movement we observed a change in direction, seeing now the market going up back to the former ranging zone.
We see that there is a huge amount of fight between buyers and sellers. For the time being, buyers win!
Illustrated by two strong buying signals opportunity to get profits in the long direction.
Next:
-High probability of seeing the market running up more even in this slop angle.
- Beware of the first and last hour of session , major moves has been happening during those times.
- Possibility of a short entry around the top dotted black line which is a strong resistance point OR if we observe a large candlestick (one unique candlestick ) going down to break all lines and reshape the market.
EURUSD is close to BUY zone..Please Support this Idea with LIKE if it is Useful....
EURUSD
The price is close to support/resistance level, If price continue to hold the Support then there is a chance that price might grow till the next resistance level.
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 5hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*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.
USOIL above support/resistance level,BUY on pullback...Please Support this Idea with LIKE if it is Useful....
USOIL
The price is above key support/resistance level,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price give any bullish signals then look for buy trade with good R:R..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*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.
EURUSD made triangle pattern breakout,BUY on pullback
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EURUSD
The price broke above the triangle pattern ,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price give any bullish signals then look for buy trade with good R:R..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*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.
ETHUSD - Sideways/Choppy Today. Price Technical Analysis #28Market in last 24 hrs
- ETHUSD has been relatively less volatile. Market moved between $205.3 to $219.5
- Price at time of publishing: $209.5
Today’s Trend analysis
Price should trend sideways today. Oscillators are neutral. MACD is indicating a sell opportunity. Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto token. We are observing an increased trade volume and price volatility.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 49
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud is neutral
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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 .
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- Mudrex
EURJPY is above Support/Resistance,BUY on pullback...Please Support this Idea with LIKE if it is Useful....
EURJPY
The price is above key support/resistance level,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price give any bullish signals then look for buy trade with good R:R..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*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.
EURGBP is close to Strong Support level,When to BUY??Please Support this Idea with LIKE if it is Useful....
EURGBP
The price is near strong Daily support/Resistance level, If price holds the level as a support then there is a chance that we might get a good opportunity to Buy from that level, if price gives any bullish signal then look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*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.
USDJPY : US DOLLAR CHOPPY PRICE ACTION AGAINST JAPANESE YEN Technical Analysis : Price action as been choppy for USDJPY, We see a clear range between 109.500 and 107.
I see no changes in the technical view of the USD/JPY pair even with a choppy price movement, it remains stable below the 108.00 support amid stronger control of the bears on performance, and risk aversion will remain supportive of this trend and foreshadow a downward movement towards support levels at 107.55 and 106.90 And 106.00, respectively. There will be no control of the bulls on performance without moving above the 110.00 psychological resistance.
At the 106.9 level I expect to see a certain amount of support, so if we were to break down below that level it’s likely that we could see a downturn towards the 105 level. On the other hand, if we turn around and rally it’s likely that we could go to the 109 level where I see a significant amount of resistance. A break above this level allows the market to go to the 111 level but it certainly looks as if the downward pressure seems to be winning the day now though.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
BTCUSD - Consolidation Today. Price Technical Analysis #58The 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.
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Market in last 24 hrs
- BTCUSD price consolidated, moving in range of 200 points around $7,550
- Price at time of publishing: $7,500
- BTC’s market cap: $138 Billion
Today’s Trend analysis
Price should consolidate today. Oscillators are mostly neutral but with a slight bias towards buy side. MACD is indicating a buy opportunity but CCI and RSI both are already in or are near over-bought zone. A trend reversal is just around the corner, which is making the uptrend momentum weak.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Consolidation today
- ‘Oscillator‘ indicators are mostly neutral. CCI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
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.
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- Mudrex
EURJPY is close to strong Support/Resistance, BUY opportunityPlease Support this Idea with LIKE if it is Useful....
EURJPY
The price is close to strong support/resistance level,previously the level acted as a strong support,as long as the price stays above the support it could give us a nice buy opportunity with a good R:R ratio..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*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.
USDJPY below Support level,wait for pullback to SELL..Please Support this Idea with LIKE if it is Useful....
USDJPY
The price isbelow Support/resistance level,after a pullback to the support/resistance the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity...
Daily Time-frame:
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*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.
EURUSD broke Triangle and now in a channel,wait for breakout...Please Support this Idea with LIKE if it is Useful....
EURUSD
The price broke above potential Triangle pattern and started following a channel,if price breaks above the channel it could give us a nice Buy opportunity,but the only concern is that price broke below the trendline support and it could also trigger a down move,But as long as price stays above the Support the bias is Bullish,If price breaks below the support things could be very bearish for the pair..wait for price to breaks above the channel to look for Buy opportunity..
Bearish Scenario:
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*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.
BTCUSD - Weak Downtrend Today. Price Technical Analysis #54The 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.
This is #54 of BTCUSD daily technical analysis, provided by Mudrex.
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Market in last 24 hrs
- BTC price has been consolidated in range $7,050 – $7,250
- Price at time of publishing: $7,060
- BTC’s market cap: $131 Billion
Today’s Trend analysis
Price should see a weak downtrend today. Oscillators are mostly neutral but CCI is nearing over-sold zone and RSI is below 50. MACD is indicating a sell opportunity. Overall, a down-trending momentum is gaining strength.
Another interesting point to notice is the correlation between US stock markets (S&P500, etc) and BTC price, which is at currently trending at its all time high.
- Weak downtrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is below 50 mark
- ‘Moving average‘ indicators are are mixed
DM for to get more details and indicator list & values on which the analysis is based.
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Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
USDCAD made a potential False Breakout.BUY on small pullback...Please Support this Idea with LIKE if it is Useful....
USDCAD
The price made a potential false breakout of the support/resistance level,after a pullback if price holds the support then there is chance that price might continue to grow,wait for the price to reach the zone and if price gives any bullish signal then look for Buy..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*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.
CADCHF is above Support/Resistance, When to BUY??Please Support this Idea with LIKE if it is Useful....
CADCHF
The price is above key support/resistance level,previously the level acted as a strong support for the price,If price continue to hold the Support then there is a chance that price might continue to grow,currently the price is printing neutral candles wait for the price to give any bullish signals then look for buy trade with good R:R..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*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.
BITCOIN, Bearish H&S breakout and retest,SELL opportunity..Please Support this Idea with LIKE if it is Useful....
BITCOIN
The price after completing Bearish H&S made a breakout and retest,and price is also below strong Support/resistance level,there is a chance that price might continue to move...
Trade it with proper Sl..
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*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.
EURUSD broke Trendline,BUY after a Pullback..Please Support this Idea with LIKE if it is Useful....
EURUSD
The price broke trendline and is above support/resistance level,after a pullback if price holds the support then there is chance that price might continue to grow,wait for the price to reach the zone and if price gives any bullish signal then look for Buy..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*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.
EURUSD could give a nice BUY opportunity!..Please Support this Idea with LIKE if it is Useful....
EURUSD
The price is above the trendline and is above support/resistance level,if price continue to hold the support then price could continue moving up..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*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.
SPX500, The most accurate place to SELL....Please Support this Idea with LIKE if it is Useful....
S&P500
The price is approaching strong Support/resistance level,if price reach the level it could give us a nice Sell opportunity with good R:R ratio,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Push LIKE & SUPPORT the Idea...
*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.