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Topdownanaylisis

EURUSD on the path to test 1.22#EURUSD: (1D): As expected from last week's analysis, EU came all the way back to support around 1.205 to bend to the upside once again, following the overall bullish direction. We are about to see 1.22 resistance being tested, where I will be looking for a bullish opportunity once broken to the upside. (4H): On the lower timeframe, we have more detailed information above the retracing leg down on 1D. Namely a falling wedge, eventually broken and retested. (1H): Price action has been quite choppy as of late. For this reason, i will be waiting for a bullish bullish continuation setup once across next resistance, aiming for the 4H wedge top. If developing on a larger scale, i will be interested to see 1.24 as next target.
Long
by Wikiwicks
2
ADA/USDT Might Be Seen Around the 0.2383 Level 🚀 🚀 🚀💡 Trade Idea 📈 Buy Limit ADA/USDT @ 0.1737 🎯 Target Profit 0.2383 🛑 Stop Loss 0.1617 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair is trading within a corrective channel after succeeding to break the daily resistance (0.1736). A lower correction is expected to the previous resistance that became support now, and then a massive move upward to the 0.2383 mark.
Long
by CollegeofPips
4
The Yellow Meta is Heading to the 1928.96 Mark 🚀💡 Trade Idea 📈 Buy Limit XAU/USD @ 1862.26 🎯 Target Profit 1928.96 🛑 Stop Loss 1829.01 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: Gold is trading inside a wedge pattern after succeeding to break the daily resistance level (1862.26). A slight move downward might be seen to the new daily support level and then most probably an upside movement is expected to the 1928.96 level.
OANDA:XAUUSDLong
by CollegeofPips
5
Bull flag on daily resistance retest (now support)#EURUSD: (1D): As we can clearly see from the daily chart, the overall market is trending upwards, so our bias is still bullish. Right now the price is in an impulsive phase, also breaking and currently retesting resistance at 1.223. (4H): Looking closer, the last flag led to further upside strenght, as you can see by the series of HHs and HLs. Bullish structure is confirmed on the lower TF. (1H): Looking for entry, we notice that the price is retesting the daily resistance with a smaller flag pattern (light blue). This gives us a possible bullish opportunity if the setup turns out valid.
Long
by Wikiwicks
Could the Bears Push the CAD/JPY to the 81.16 Level?💡 Trade Idea 📈 Sell Order CAD/JPY @ 81.16 🎯 Target Profit 80.61 🛑 Stop Loss 81.31 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was trading withing a wedge formation after showing a head and shoulders on higher time frame indicating a potential reversal from upward movement to a downward one. The price managed to break the trendline, by posting a bearish candlestick signaling a potential downward movement.
Short
by CollegeofPips
4