GBPUSD CHANNEL BREAK H4Hello ! GBPUSD Broke The Channel Successfully
Now If GPBUSD Retest The Channel At 1.2050 Area Then You Can Take A Long Position For 1.2150 Area .
I Hope It Will Work And Give Us Good Pips .
Thank You
Break
Trendline Reactant BNB 🤔Are you able to catch what I'm saying 🤔...
Just raise your hands in comment section.
A good opportunity to enjoy a rallyThe algorithm has found a resistance at the end of a downtrend channel. The 33$ support is working pretty well and now we must be aware if the price has enough demand to break the 36$ level.
This break could potentially move the price outside the channel and the zone of 40$ would then become the target. The risk reward is good enough and the stop loss can be very tight thanks to the clear resistance price.
Early entry in small cap health services, $MEDPSince late 2021 NASDAQ:MEDP is being forming a head & shoulders base with pivot buy above $230.
This is the beahvior of a potential leader. It shows when comparing it against the AMEX:IWO as is still in a downtrend.
The play for me would be to buy 1/2 or 1/3 of a position just above yesterday's high with a STOP-LOSS below $196. And then add at the $230 pivot.
Medpace Holdings is ranked #1 in its industry by IBD. I recomend to also check NYSE:VPG which is also setting up.
Its being hard for small caps to get demand as the indices are still in downtrends making the sentiment stay bearish.
But as JC Parets always likes to remember, "is a market of stocks, not a stock market".
Will EURUSD fall further?Yesterday we saw a sharp drop right down to 1,0518 , followed by correction.
Today we expect a continuation of the downside move and break of the yesterday’s bottom.
The first target is 1,0495, followed by 1,0431.
It’s still not clear if the correction is finished and we have to wait for the right time to enter a trade.
Dalmia Bharat Ltd Cup & Handle Pattern Formation.*Dalmia Bharat Ltd*
Time Frame: Daily
Observation:
* Cup & Handle Pattern Formation
* Swing High Break
Resistance/Target: 1938 2121 2304
Support: 1642 1476
AUDJPY continue moving down after break a decreasing channel AUDJPY continue moving down after break a decreasing channel SELL!
after break and retest i think the price gonna move down!
A Dogecoin Bullflag Sits Above A Very Historic Monthly RangeFrom the looks of things the Dogecoin to BTC pair, maybe attempting a Break-Hook-and-Go off the All-Time Historic Range that it traded within and could be setting up for a Bull Flag Breakout that would take it to the 2.272 Fibonacci Extension. We can also see that the MACD is showing us some Hidden Bullish Divergence and is Crossing on the Monthly which has historically led to massive moves up within the range. Now that DOGE/BTC trades above the Range we could perhaps expect the Biggest Move Yet!
Eicher Motors - Narrow range Trading in close range
Can be make or brake trade for intraday
Levels mentioned...
eu time for a breakoutits time for a breakout to the upside for euro vs dollar , with gu already leading this move and a super long dollar bullride that yet is begging for correction. I am expecting a break to the upside here.
eu tried and failed a break of its current trend three times past 2 months. We are seeing another attempt right now with eu trading at the upper resistance of its bigger trend. stay tuned.
this break, once confirmed, would also deliver us a new uptrend in eu.
Sanghvi Movers really neat setupSanghvi Movers is on the crucial level. If the horizontal trendline breaks with volume, it will give good upmove.
Currently oversold on the daily. Bollinger band overextendedJust looking for an trend line break to retest the bearish move. Candles also resting on the lower Bollinger bands.
Looking for support. We are close to pre pandemic support. Doubtful it will break. interest rates in my opinion were suppressed for elections. Possibly a very good swing trade. Keep and open mind.
BTC Detailed Top-Down Analysis - Day 100Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
100 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Audcad long Am entering this high probability confluence setup......
A confluence of a demand zone, a trend line and a fib level has occurred on the 4hourly chart.....am going in for a quick 6.6R......Like and Subscribe .....maintain strict Risk and Money management and Let's ROLL.....
Peace!.
KCS - Short-Term Bullish Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last idea, we were waiting for the bulls to take over by breaking above the blue neckline from H4.
We had the break last week, and lately we rejected the 10.0 and broke below the last minor low in red. Thus, the correction started.
Now on the retest of the previous high in blue, we will be looking for buy setups on lower timeframes to catch the next impulse movement upward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD - Over-Sold Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
NZDCAD is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone .
Moreover, the zone 0.76 - 0.77 is a strong support zone.
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower brown trendline. (acting as non-horizontal support)
As per my trading style:
Since NZDCAD is around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
If the blue zone is broken downward, then further bearish movement would be expected.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Dollar Currency Index (DXY), 4-Hour, Supply reactionI think there is a probability of a correction in the dollar index. We can notice a false breakout of the trend line and price reactions to the supply zones. It is not a perfect reversal or correction pattern (because there is no higher high), but we can expect it is a break of the structure (because of a supply reaction). Anyway, we should be careful on the nearest uptrend line and look carefully at the construction. Don't expect far TP as we have an overall uptrend.
📉💥BTC 2h Short Position 💥📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Price broke the rising channel after the Jackson Hole symposium. BTC moving in a direction that may soon see lower price levels.
You can enter a short position between now and the yellow area.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP 1 and 2 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS
Bitcoin close to a crucial long term support zoneBitcoin price hitting a 7 year long daily support zone. I don't see a single day candle closed below it. Maybe this time we break under it and break the trend, or bounce from here and keep the trend.
USD/CAD - Can we get a breath lowerUSD cad has and continues to be on a nice run higher but at 1.3 we would like to see a discount before continuing to purchase. What are the signals of a discount explained in the video.
Is it over? Hi everyone,
Yesterday I analyzed BTCUSDT and talked about the reason that we are still bullish in the short and midterm. (link down below)
Today, we are going to be analyzing ETHUSDT, and the chart looks clear and beautiful. Right now we just broke above previous resistance where we took off some liquidity that was sitting above the previous high, and we are at a really important level of resistance of a wedge that we are inside of it.
We are in the narrower channel part of the wedge and the price is showing a loss of momentum and a rejection of that resistance. Even though on the H1 timeframe price is in a symmetrical triangle, which is a continuation pattern, I lean towards breaking to the downside. However a break to the upside is possible, and if does so, I will analyze tomorrow where it will go.
Btw, DOGE is looking good if it closes above the resistance. Maybe take a look if you get to read this post right away.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
