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ETH/USD possible trading ideaOkay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did not got crossed. What I am now waiting for is for the price to go back to that wedge and see what it will do then. I think that the price will go above the wedge and then do a retest of that wedge before we get the real big and good pump to the top. I think that this could take a while before we got this and that the big profits could even take longer because we have all of the trading in crypto that is going a little slower then we are used to. So for now it is waiting and just keep an eye out the price to get to the wedge and then wait for the retest before we can enter the trade. If you have any questions, feel free to send me a PM. If you like the idea don't forget to leave a like and feel free to comment your idea for this pair.
COINBASE:ETHUSDLong
by MaBaCapital2
GoldViewFX - DAILY CHART UPDATED STRUCTUREHey Everyone, Please see updated daily chart structure. We are at a very crucial support zone on the daily chart, challenging 1660 Goldturn, which we saw price bounce off on Friday and failed to cross below, leaving room for a recovery this week. We will be monitoring this chart closely for EMA5 cross and lock confirmation to track this movement range to range. If we see another challenge to 1660 and then followed with EMA5 cross and lock below 1660, it will open targets to 1610 and 1578. We will need to see a new Goldturn above structure support to provide momentum for EMA5 to cross and lock 1705 for a Bullish recovery. We remain above the setup level with plans for the push up still in line with our technical setup. However, keeping in mind the FEDS rate hike and more pricing in action, we need to manage risk and range accordingly to absorb any swings before falling in line with organic technical movements. As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
6
XAUUSD INVALIDATED ITS BULLISH VIEW? BELOW 1670 TARGET 1637Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level. Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction. As I said at previous idea Mar 22, 2021, "Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level. Break below 1660 would invalidate its bullish view." Now, XAUUSD break below 1670 and 1660, invalidated its bullish view. If XAUUSD Hold Below 1670 then its Bearish Continue To Target : 1637, 1534, and 1200. Resistance at 1740.
SAXO:XAUUSDShort
by Wahyu_Luck
EURUSD D, ABOVE 1.0189 TARGET 1.0268 & 1.0368EURUSD made a false break below Strong Support 0.98999, and the rebound. After That, EURUSD HIT TARGET at 1.0078, 1.0134, 1.0189. As we talked at previous idea, "While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189." Now, Can EURUSD rebound continue? If EURUSD Break Above Fibo 61.8% 1.0189, then Potential Target at 1.0268 & 1.0368. Strong Resistance at 1.0368, If Break, then Bullish. But while EURUSD still Below Fibo 61.8% 1.0189, it Still Bearish. Strong Support at 0.9899, If Break, then Bearish Continue To Target 0.9840. Next Bearish Target 0.9710. (From AB=CD pattern, where D=0.9710).
Long
by Wahyu_Luck
GBPUSD W, Above 1.1405 Target 1.1760 & 1.1934GBPUSD rebound after hit 1.1405 level. As we talked at previous idea, GBPUSD "If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411." Now, GBPUSD hit Fibonacci 1.618% and formed Double Bottom around 1.1405. Outlook, While Above 1.1405, then GBPUSD Potential Target at 1.1760 & 1.1934. But If Fail To Hold Above 1.1934, then GBPUSD is Still Bearish. Strong Resistance at 1.2293. Anyway, If GBPUSD Break Below 1.1405, then Potential Target at 1.1341 & 1.1227.
Long
by Wahyu_Luck