Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- In order to use the BW+ indicator in chart analysis, the existing HA-MS_BW+ indicator has been integrated and modified. -------------------------------------- The key is whether it can rise...
Everyone wants to dunk on the euro and buy dollars right now, explaining why EUR/USD continues to grind lower. With signs of US economic exceptionalism evident again, the number of Fed rate cuts expected this cycle continues to dwindle just as the amount of easing from the ECB ramps up. USD looks great, EUR does not. But that’s now priced in, meaning we may need...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- ETH is in a reverse array. Therefore, it is not attractive to start trading. Therefore, the point of observation is whether it can turn into a regular array when the price is maintained...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (AVAXUSDT 1M chart) The key is whether the price can be maintained above 21.39 and rise. - (1W chart) The key is whether it can be supported above 27.29, in the box area of the HA-High...
USD/CAD sits just below a known level heading into Tuesday’s Canadian inflation report, providing a potential setup for bulls or bears depending on the price action evolves. 1.3792 is the level in question, acting as both support and resistance on multiple occasions earlier this year. Sitting less than 10 pips away, how the price interacts with the level before...
AMEX:SPY October 13, 2024 15 Minutes. As projected AMEX:SPY made a high 579-580 levels. Now the next target is 587 levels. But we have oscillator divergence now. And in daily AMEX:SPY far way by nearly 8 to 10 with respect to 9- and 21-day averages. So, for the rise 566.63 to 580.33 AMEX:SPY need to hold 576-577 levels for uptrend to continue. For the...
FX:NZDCAD - October has been a positive month for this pair 80% of the time in the last 14 years. Recently, price retested the weekly higher low (block dotted line), formed bullish divergence and continued the bullish momentum! I am expecting a bullish month for NZDCAD as per seasonal behavior and current price action!
I've been closely tracking Bitcoin's price action, and my latest analysis suggests that we may be witnessing a significant bounce from the $58,000 level, a strong support zone. After a recent dip, BTC is currently trading at $65,655, and based on key technical indicators, I expect it to rally toward $74,000 in the next two weeks, however It's only a matter of...
To continue with my theory, Q4 is from the Cryptos. Q2 and Q3 were stocks, but now is the Crypto moment, and the stocks that will do well in my view are from this sector. In the case of NASDAQ:COIN we have a Breakout on the Daily RSI, about to do so on the weekly, which would give a confirmation. And we need to break the 200 MA for another...
Buy at the bottom border of local 4H uptrend. Orberblock confluence there. POC is also nearby SL on the lower liquidity low.
USD relative strength is above 50, From our trade plan its critical to only trade USD pairs, USDNZD is leading USD pairs. Betting USD strength to strength across currencies but with a larger magnitude in NZDUSD USD BANK HOLIDAY TODAY, Trade idea has a hypothetical 50/50 probability of getting executed
Am drinking my cup of tea before recording this video as I click on the Tradingview platform I notice in the breaking news tabs -- "Real Estate low hanging Fruit" [ NYSE:HD AMEX:IYR ] -- Now if you look into this video you will see the stochastic indicator and inside this video I show you why this indicator confirms the latest breaking news as real estate...
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- This is an indicator created for trading on time frame charts below 1D charts. Therefore, there is nothing to explain. This is because trading should be conducted according to your own trading...
Utilizing the very effective and non-discretionary MAC strategy, coupled with lower timeframe divergences for entries, we take a look at DXY from the Quarterly, Monthly & Weekly perspective. Have a great weekend.
Here I have AMEX:SLI on the Daily Chart! Technical - A Double Bottom Reversal Pattern has formed and with the Bullish Rally started from the ~1,800% increase in the Estimate to Reported Results for Earnings and Revenue on Sept. 24th, we see Price Breaking our Confirmation of Pattern @ 1.98! This weeks Price Action has created a Volume Imbalance between ( 1.91...
Asset Class: Forex Income Type: Weekly Symbol: GBPUSD Trade Type: Long Trends: Short Term: Down (1H, 4H) Long Term: Up (Daily) Set-Up Parameters: Entry: 1.30616 Stop: 1.29970 TP1 1.32519 (3:1) Trade idea: 4h DBR at breakout, Downtrend Reversal to Uptrend RSI oversold and showing strong Divergence. !!Be aware of pending Economic Reports. If price...
On the 5 day chart price action has corrected 90% since closing the previous idea (below) on June 21st 2023 after a 200% rally. A number of reasons now exist to consider a new long position now that the short is closed. 1) RSI resistance breakout and backtest confirmation. 2) Strong regular bullish divergence. Look left. 3) Monthly support. See below. 4) No...
The dollar index is bullish and the australian dollar index is bearish which suggests that there should be bullish momemtum of AUDUSD pair. The bullish divergence is also formed and the current price action is at 78% FIB retracement which further strengthens our idea. We'll go with two trades, first with TP1 and other we'll trail. It is also likely that trade...