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Wicks

NWCUSDT Apex|Equilibrium|Demand Zone|Local Range|Volume ProfileEvening Traders, NWCUSDT update, trading in a equilibrium closing in on its apex, a break will be imminent. Points to consider, - Trend higher lows (Dynamic Support) - Valid demand zone (wick candle closes) - Price Apex (Support and Resistance converging) - Local Range - Volume profile increase NWCUSDT’s immediate price action is trading in equilibrium, price is close to its apex thus a break will be highly probable. The trend is making and holding its higher lows on dynamic support. A break down into demand zone is a valid trade location. The volume profile has increased significantly, this is indicative of more trading activity and a probable floor being established due to recent huge price expansion. On a fundamental scale – NWCUSDT has had a big announcement – NWCUSDT WALLET to be launched on the 25/09/2020. This will allow all users to successfully receive, send and store their new NWCUSDT token. User also has the capabilities of checking their balance and transactions. This is currently only available on the Android, future iOS version and staking will come to fruition. Overall, in my opinion, price is imminent to breakout of its apex; there are clear technical levels that are likely to get tested. Fundamentally, NWCUSDT has taken another leap to attract investors and most importantly traders of the crypto community. Price has a high probability of gaining momentum when taking out range high. One to keep an eye one! Thank you for following my work!
Long
by AzizKhanZamani
2
GOLD Clean ViewGold looks still very weak to break 1912 key level, it has to find the right liquidity needed to break thru that level. Mulitiple wicks on 1912. Trendline has been touched one more time and probablly will hold. On daily TF, not a single body candle has engulfed previous wicks. Personally expecting gold to push up through at least two previous Lower Highs and prolly form a double top before finding the right momentum to break 1912 key level and the significant trendline to look for Higher Lows to be formed on larger Time Frames.
OANDA:XAUUSDLong
by theforexdaddy
2
AUD USD update with new shortHello everyone, we wanted to try something a little different today but doing a quick video showing our AUD USD intra day chart. Swings The technical side; Supply imbalance - weekly Daily - manipulation move in the supply zone 1 hour chart shows a wedge pattern which allowed the bullish momentum to correct and look for upside potential, however this failed and we caught the trade during the London open. If you did not catch this move, this is no problem. Look for a pullback and re-enter when price has shown good wicks to reject upside moves. or Fibonacci 1 hour levels for intra-day trades. Watch out for on the way down for false dips, but the confluence of the trade will take us down to a level of 67.5 before hitting a strong zone with a trend breather, we will look to close 80% of the trade around 67.5 level from here we can expect consolidation build up below this level as the busy days of the week are Wednesday and Thursday. COT: Long Short Total %Long %Short Avg_13 26,250 58,009 84,259 31% 69% USD is showing it's strength now as a time of uncertainty. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. We trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Many thanks for your support to our existing and new followers. Take care out there. Thanks, Team Lupa.
Short
by LupaCapital
USDJPY more room to the downsideAs we can see the 109.7 level is a very significant one so far, the price keeps getting strongly rejected from that level, already multiple times. Also the 108-107.7 area is a very significant one above it i am bullish/below it i am bearish after the strong rejection from 109.7 we did not hold 108-107.7 area as support and we went below it, retested it and we got rejected which in my opinion this is very bearish. Looks like the pair formed a bear flag that is waiting to break to the down-side to test some previous wicks zones. -CryptonikLion
Short
by CryptonikLion
7
Multiple Wick Rejection At Support And The 50 Fibonacci LevelPrice broke the previous high of 0.64175 and began a retracement. At the 0.64341, there is an obvious level of support, met with the 50 Fibonacci level. Price on the stochastic indicator is also nearly overextended, leading me to believe price will definitely continue to the upside. With multiple wick rejections, there is clearly a lot of buying pressure that will give me enough indication to go ahead and go for a buy on NZDUSD.
Long
by AzzenWazHere