Looking for a 50 percent retrace to structure on this. We have a lot of space to fill to the downside, however, I do like the long side on the daily.
I am looking for a test of the close support thats seen in the previous days session, Trade will trigger if the next candle breaks under the previous candle. Looking at the 5 minute there is tremendous bearish divergence. Stop at the highs.
So We have a possible retrace to Fibonacci level soon. I am confident the bottom is in, and if it does retrace to the level marked here then we could return upward.
Is it going to jump off this monthly support or is it doom and gloom for the coming months? We are at a crucial area right now. Be very careful where you trade and invest. This could be beautiful or a rocky ride. Stay safe everybody.
Uber is at the bottom of a channel its been in for a year and a half. Could be a beautiful trade to the top of the channel. This is a relatively long swing compared to my usual taste so we'll see what happens. Don't make any trade at all until you have done your own analysis. I am a stranger on the internet and it probably isn't smart to copy random people on...
Bearish Divergence on the 30 Minute on US100, Look for a pullback and a dipbuy upon return of momentum DONT TAKE A TRADE ON ONE PATTERN OR INDICATOR ALONE, NOR BECAUSE YOU SEE A COMPELLING ANALYSIS. DO YOUR OWN ANALYSIS, MAKE YOUR OWN CHOICES> Thank You. If you like daily analysis on US100, Gold, and Majors in forex, then follow my page, I'd greatly appreciate it.
This is not an idea post, I am just wondering why the hell ADAUSD and EURUSD look the exact fucking same?
I am looking for a breakdown to next support. HOWEVER, there is a TON of news coming out today So technical analysis won't mean much today. Be careful if you are trading. US Retail Sales rose by 0.3% MoM in November Which is less than the .9 expected. It is expected to have the best holiday season for sales in more than two years this month. Here is some of...
Got a descending channel here, My first target is the purple zone, 2nd target is the bottom of the channel. If you have any questions, leave a comment. Also if you have a different analysis of what is to come, let me know in the comments. If you like this idea, like and follow my account :) I do weekly analysis for overall direction for the week, every sunday,...
I am surely looking for a rebound for GBPJPY but for the very short term I am looking for it to go to the next support after breaking out of a wedge. Purely technical trade. DO YOUR OWN RESEARCH, DO NOT BUY/SELL SIMPLY BECAUSE A STRANGER ON THE INTERNET HAS A COMPELLING ANALYSIS> Also If you had a different idea for the short term i would love to know in the...
There is a wedge formation on the 4h and 1h on EURUSD. I will not predict which way it will breakout, as I am a reactionary trader and neither I nor anyone can predict the future. However if it breaks under or above support/resistance AND closes, then I will execute a trade in that direction until it reaches the next support/resistance. DO YOUR OWN ANALYSIS, DO...
I am liking this Ascending Channel I expect it to make its way toward support, Could break below and go to 2nd major support, Which would also be the bottom of the Channel. The RSI is also signaling BEARISH DIVERGENCE. So we will keep an eye on that. I am reposting a rough chart I posted earlier because it was blocked for the reason of breaking the rules of this...
Hello Everyone. I am looking for a corrective break on this specific pair. Let me know if you have another idea that contradicts this and we will have a conversation about it in the comments. I sincerely love talking about trading and analysis. I am reposting a rough chart I posted earlier because it was blocked for the reason of breaking the rules of this...
This is beautiful people. As we have broken out, very strongly, of a Descending channel and have already retested the diagonal support of the channel. We could battle in this range its forming for a while due to the fact its battled in this range previously. However, If it breaks above AND HOLDS, I will swing to the next resistance. If it break below AND HOLDS I...
This is my Idea. Neutral right now, but if it breaks down and closes then it is a PERFECT short setup Same thing if it closes above the yellow zone, which is very strong resistance. This is not financial advice. Take your own risk, make your own analysis.
Gold for me is looking bearish. It has rejected multiple resistance zones. It made a substantial drop and is trading in a tiny range on the 15 minute. After the last drop Bearish continuation patterns in the RSI showed up, It has currently just tagged the Golden Zone on the Fibonacci. Going to look for a break of that beautiful support. We'll see what happens. I...
There are my targets 1 and 2, lets see how it goes, I put stop behind first 5 minute support. We'll see how this goes, Good luck
Broke out of a falling channel, waiting for retest on the 15 minute and then a test of that first resistance. Follow me for more call outs> Make sure you do your own research and analysis and don't just take my word for it. I am wrong often. Make sure you put a stop in, and set your own target and only risk 5% or less. You can have less than a 50 percent win...