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Priceaciton

Bearish pressureADA/USDT – Price Action Analysis On the 1-hour timeframe, price has been following a clear downtrend, respecting a descending channel structure. After reaching the lower boundary, sellers lost some momentum, and price started to form a rising wedge, typically seen as a bearish continuation pattern in such contexts. Currently, price is testing a key confluence zone: The upper boundary of the wedge The descending trendline resistance And also sitting below the dynamic resistance of the 200 EMA. From a price action perspective: Bullish candles are showing limited strength and upper wicks indicate selling pressure. A confirmed breakdown below the wedge support could lead to further downside towards the previous demand area around 0.6550 - 0.6340.
Short
by WhiteHouse021
DXY (USD Index) 4hour Analysis August 21st, 2022 DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking very bullish on DXY after last weeks’ massive rally. Currently price action is just above our 107.600 zone and very extended. The likely scenario is that DXY will rally toward a new high near 109.000 before reversing. We have to wait for structure so we can identify the strength of the trend. look for higher lows near 107.6000 after a new HH is established. Trade scenario 2: No scenarios suggest bearish momentum at the moment. We will have to see how price action reacts at these highs first.
TVC:DXYLong
by ForexLeague
CRUDE OIL (WTI) Important Structure to Watch 🛢 Hey traders, Crude oil is very close to a major rising trend line on a daily. From that we will look for buying opportunities. To buy with a confirmation watch a bullish flag pattern on 4H time frame. Your trigger to buy will be its bullish breakout. Then buy aggressively or on a retest. Local targets will be: 108.0 / 114.3 If the price breaks a trend line to the downside, the setup will be invalid and then the market may drop lower. ❤️Please, support this idea with like and comment!❤️
TVC:USOILLong
by VasilyTrader
5
AUDJPY 4hour Analysis February 27th, 2022AUDJPY Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Ranging Trade scenario 1: Recently we have seen AJ turn bullish but since price action met resistance near 83.250 we have been seeing some high volume ranging. Ideally, we can continue bullish and see price action confirm structure with a higher low above 83.250. Trade scenario 2: If we spot a bearish break of the range we need to wait for a lower high below 82.600 before entering short.
Long
by ForexLeague
HOPEFULLY BULLS WILL STRIKE IN AND HIT MY TARGET.The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view. So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i might be wrong, but that is why i keep my Risk/Reward a 2:1 minimum, that way i only have to be right 40% of the time in order to be profitable. "Trading is not about being right most of the time, its about being profitable" - Anonymous Trading Details: Time Frame: 8hr Entry: Above the high of the indecision candle Stop loss: A few pips below the Indecision Candle Risk/Reward: 2:1 Account Risk: 2%
Long
by daldertg