Tradingidea
EURUSD H4, BREAK ABOVE 1.0806, TARGET 1.0936-1.1021 AREAAs Expected, EURUSD still rebound, move away from its low.
As I said in the previous idea :
"So far, EURUSD still rejected from1.0340. While Above 1.0340, Potential Rebound to target 1.0635 & 1.0800."
Now, EURUSD is still in Consolidating Around 1.0591 & 1.0806.
1.0806 is its former Strong Support, now acting as its Strong Resistance.
Break Above 1.0806, would Open The Way To Test 1.0936-1.1021 Area.
Strongest Resistance at 1.1495, its Triple Top.
But, if EURUSD Break Below 1.0591, then would Retest 1.0348.
Strongest Support at 1.0348, its Double Bottom.
08.06.2022 - Intraday EURUSD (AB=CD Chart Pattern)Today's EURUSD market shows uptrend momentum from the RSI. However, it might reverse identifiable from AB=CD pattern. It is expected go on short (sell at Entry Price 1.07394) at point B (or just before) where the pattern ends, Take Profit at 1.06977 and Stop Loss at 1.07569 i.e. with the risk to profit ratio of 1:3.
Note that AB=CD patterns are not always perfect, however, they are indicators of directional changes.
Analysis BTC BTC buy at/above 29571.
BTC waiting for breakout on Resistance area 29750. Good luck traders!
Deeper Network DPR Crypto Pattern List List of all Patterns from the start of the DPR Crypto Kucoin listing, the length
of time to the fulfillment of the Pattern on a 4hr time frame breakout, and
the percent of increase & Decrease of the breakout.
Bearish M : 7 Days -16%
Bullish Falling Wedge : 1 Day +32%
Bearish Two Candle Engulfing: -42%
3 Previous Patterns Formed a Triangle (Pending currently at -84%)
Bearish M : 8hrs -18%
Bearish Two Candle Engulfing : -28%
Bearish Rising Channel : 1 Day 1 Day -20%
Bullish Ascending Triangle : 8hrs +12%
4 Previous Patterns Formed a Bullish Inverse Head & Shoulders: 15 Days +15%
Bullish Symmetrical Triangle : 2 Days +24%
Bullish Falling Channel : 2 Days +24%
4 Previous Patterns Formed a Bull Flag : 3 Days +47%
Bearish Rising Wedge : 31 Days -17%
The Previous Pattern Formed a Bearish Pennant : 57 Days -32%
Bearish Pattern Formed 3 Triangles within themselves : 20 Days -35%
Bearish Triangle: 4 Days -48%
Waiting for a New Pattern to Form now
GBPAUD 240 IS IT A BULLISH PULLBACK BEFORE BEARS TAKE CHARGE?
> Price is got rejected at 1.75500, which is currently a support area
> If price breaks above 1.76300 and creates a level of support
> I anticipate price tab 1.76700 which is an area of resistance
> If 1.6700 is broken i anticipate price to retest 1.77000 before continuing bearish
> Sell limit around 1.77100 with stops above 1.77720
NZDUSD DAILY: TARGET 0.6529 DONEAs expected, Target 0.6529 is DONE, ater broke below 0.6864, which Canceled Bullish Outlook.
Break & Hold Below 0.6488,
Bearish Continue,
Potentially Target 0.6382 & 0.6340.
Resistance 0.6529 & 0.6646.
Break Above 0.7034, Buliish Resume, Potentially Testing 0.7218.
Break Above 0.7218, Potentially Testing 0.7316 & 0.7464.
ETHUSD LONG#ETHUSD BUY @ 2893
TP @ 2960
SL @ 2867
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This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
BTCUSD LONG#BTCUSD buy @ $39029
TP @ $40500 +3.76%
SL @ $38617 -1%
Quoore signal posted
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This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
EURCHF SHORTOriginal Analysis #EURCHF
Channel Up has broken through the support line at 25-Apr-16:00 2022 GMT. Possible bearish price movement forecast for the next 3 days towards 1.02043.
Support Levels
1.0167
Resistance Levels
1.0371
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
GBPCAD LONG✅TP - green lines
❌SL - red line
EP - start of yellow bars
Original Analysis
Channel Down identified at 22-Apr-12:00 2022 GMT. This pattern is still in the process of forming.
Possible bullish price movement towards the resistance 1.6419 within the next couple of days.
My last analysis was right (2/3 TP hit)
Support Levels
1.6273
Resistance Levels
1.6419
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
CHFJPY SHORTOriginal Analysis
Channel Up has broken through the support line at 22-Apr-2022 GMT. Possible bearish price movement forecast for the next 2 days towards support level 132.359
Support Levels
132.359
Resistance Levels
134.356
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
XAGUSD / SILVER LONG✅TP - green lines
❌SL - red line
EP - start of yellow line
Original Analysis SILVER
Falling Wedge identified at 22-Apr-17:00 2022 GMT.
This pattern is still in the process of forming. Possible bullish price movement towards the resistance 2513.0000 within the next 2 days.
Support Levels
2404.9
Resistance Levels
2513.0
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
EURCHF LONG✅TP - green lines
❌SL -red line
EP - start of yellow line or buy now at m/exe
In my previous idea i predicted that price will go up, my first TP on this setup hit already (see my previous idea) and i see growth continuation.
Original Analysis
Channel Up identified at 22-Apr-16:00 2022 GMT. This pattern is still in the process of forming.
Possible bullish price movement towards the resistance 1.03712 within the next 2 trading days.
Support Levels
1.0308
Resistance Levels
1.0371
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
USDJPY SHORTOriginal Analysis USDJPY
We open a Sell at 128.54
Broken out of the triangle formation to the downside
Negative overnight flows lead to an expectation of a weaker open this morning
Bespoke resistance is located at 128.54
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 128.54, resulting in improved risk/reward
Expect trading to remain mixed and volatile
Support Levels
127.73
Resistance Levels
128.69
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
CADCHF SHORT✅TP - green lines
❌SL - red line
EP -start of yellow line
Original Analysis CADCHF
Channel Up has broken through the support line at 22-Apr-12:00 2022 GMT. Possible bearish price movement forecast for the next 2 days towards 0.74907.
Support Levels
0.7472
Resistance Levels
0.7618
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
NZDJPY Short✅TP - green lines
❌SL - red line
EP - start of yellow line
Original Analysis NZDJPY
Broke through Support level of 85.388 at 22-Apr-15:00 2022 GMT
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
AUDCAD SHORT✅TP - green lines
❌SL - red line
EP - start of yellow line
Original Analysis
Channel Down identified at 21-Apr-23:30 2022 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.91709 within the next 2 days.
Support Levels
0.91700
Resistance Levels
0.93400
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
XAUUSD shortOriginal Analysis
Channel Down identified at 20-Apr-14:00 2022 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1943.7700 within the next 12 hours.
Support Levels
1943.77
Resistance Levels
1955.17
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
GBPNZD LONG✅TP - green lines
❌SL - red line
Entry - yellow line
Original Analysis GBPNZD
Rising Wedge identified at 22-Apr-14:00 2022 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.94711 within the next couple days.
Support Levels
1.9148
Resistance Levels
1.9473
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
AUDUSD LONGOriginal Analysis
Channel Down has broken through the resistance line at 20-Apr-04:00 2022 GMT. Possible bullish price movement forecast for the next 2 days towards 0.74481.
Support Levels
0.7343
Resistance Levels
0.7467
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
#pmfxtrading
EURNZD LONGOriginal Analysis
Falling Wedge identified at 20-Apr-09:30 2022 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.60245 within the next 8 hours.
Support Levels
1.5947
Resistance Levels
1.6025
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
Green line is Take profit
Red line is Stop Loss
