Defined divergence relative to the markets as a whole and over extended up trend within the chart. Regardless of if this is the end of bullishness or just a correction, a correction is incoming. The buy is either a retest of the leftover high, or a continuation of current uptrend. Trade Safe, Trade Smart, Trade Drippy!
USD/CHF shows an OLHC buy setup on the daily chart, with bullish divergence from August 2024 to the current price. There's also a "W" pattern from last month's low to this month's low. Waiting for a bullish TDI cross to confirm buys. Target: 0.84771. If you find this useful, please like, comment, and share.
CAD/JPY is showing an OLHC structure for September on the daily timeframe, indicating a potential buy setup. Buyers are expected to enter the market once a bullish TDI cross appears on the daily chart. My target after the bullish cross is 108.000 . Trade with caution, and if you find this idea helpful, please support it with a like, comment, and share."
USD/JPY monthly structure is currently exhibiting an OLHC (Open Low High Close) pattern, signaling a potential buy setup. At the moment, we are still following the short-term sell trend until a significant support level is established, which will mark a favorable point for buying. This strong support is expected to form with the appearance of a bullish TDI...
Have you seen a better looking contracting flat? Text book impulse, a, b, c waves and a confirming impulse in the forecasted direction with a little pause. Watch the break and take trend continuation setups on the lower time frames to forecasted targets.
Overview: The GBP/CHF pair has not only been in a strong uptrend but has also formed and broken out of a bullish flag pattern, further signaling the continuation of upward momentum. The breakout above the 1.2300 resistance level suggests a potential for further gains. Technical Analysis: Bullish Flag: A clear bullish flag pattern has formed, with a breakout...
Following the release of key U.S. economic data, including the Non-Farm Payroll (NFP) and Unemployment Rate, we see a significant spike in volatility for EUR/USD. The NFP came in lower than expected at 142K vs. 164K forecasted, which typically weakens the USD. However, the market’s initial reaction suggests a potential retracement or continuation of the bearish...
Bitcoin following a little strength in weak volume weekend trading & then softness during Monday trading right around the world, has during Tuesday's Oceania & Asian session recommenced a rally fuelled mostly by this Head 'n' Shoulders Buy setup on the 1 Hour timeframe. It appears to be showing good strength so far today. Buy on a pullback perhaps..... It...
Is it finally time for INTC to have some upward move? it looks like it! We are sitting at strong picot (bull flagging) while relative volume is supporting the pressure upward. let's breakout to the next pivot point ($32.80)
Carborundum Universal , a renowned conglomerate in the industrial sector, presents a compelling swing trade opportunity. Reasons are listed below : A bullish Marubozu candle on the weekly timeframe signals strong buying pressure and potential upward momentum. The stock is breaking out of a consolidation phase lasting over a year, indicating a significant...
the price managed to break the resistance area and closed above it on the 4h timeframe. to enter a buy trade we need to wait for the price to come back again to the res area to retest it and from there we can enter a buy trade
according to the 4h timeframe the chart made this "TRIANGLE" pattern, as you can see the price manage to break the pattern and close above it with 4h candlestick. also on small timeframes starting from the 30mins u will see great bullish price action. 2329.00 will be the entry point and hopefully we can get 300 pips or more from it. i will keep u guys...
In today's Gold Spot (XAU/USD) trading setup, we're eyeing a buy opportunity as the price approaches the 71.8% Fibonacci retracement level at 2318.5, which also aligns with a previous resistance turned support. This confluence zone offers a robust entry point, anticipating a bullish rebound. Our targets are set at the -27.20% retracement level of 2348.20,...
EUR/CAD is poised for a short-term buy as it rebounds off the ascending trend line support near 1.4817, targeting the descending trend line resistance at 1.4967. This setup offers a high-probability entry with a clear risk-reward ratio, aiming for a quick profit as the price ascends to retest the upper resistance. Enter long around 1.4820 with a tight stop loss...
Expecting a 500 pip move to the up side as price is currently at a very significant Daily trend line and also a strong support zone. For safer entries, you can wait for price to break the counter-trendline before going long
Just as predicted, USDCAD has completed the move to the upper part of the triangle. Partially waiting for confirmations for the next move .
Details on the chart. A thought/idea. Good strong resistance was broken and now lets see as BTC is doing higher highs, this might follow the trend too.
Update on USDCAD.. As earlier posted, we're expecting USDCAD to push about 100 pips up due to strong dollar index. Price has respected the daily trend line and moving as predicted