EURNZD direction forecast The pair is at a key resistance. I am looking for continued rejection to drop to next key support as shown on chart. A retest of the top support is possible before a drop. A break through top resistance will sentiment towards bullish trend continuation.
MACD and RSI are in their pivot zones for a reversal but also have much room for a takeout and continuation. My entry will be a MACD signal cross with strong rejection.
Please comment with thoughts and ideas and make sure you read my forecast thoroughly. Thank you.
Centered Oscillators
Buy scalp with supportFinding continued support .90900 which correlated with the current RSI trend support.
All indications point towards upwards momentum to retest the current top resistance in this channel.
A break of this support leads to the next support retest.
Please comment with any thoughts and ideas. Thank you.
Ascending channel trading (Sell/Buy scalps)Presented is the 1 hr chart. A clear ascending channel is in play with high volume buy/sell swing trades. This is a perfect scalping channel to gain profits off a current volatile market.
Look for buy and sell opportunities from supports and rejections. A significant breach out of the channel may sentiment a new direction pattern.
Current position is set up for a sell looming at the top of the channel.
Please comment with thoughts and ideas. Thank you.
Buy/Sell within straight channel.Presented is a simple channel setup while we are bouncing between major low support with current channel high resistance. Pullbacks are significant in this zone as you can see on the chart.
My sentiment for this pair is entering sells at top resistance with rejection and entering buys at the major support with support confirmation.
Current indicator sentiments towards support retest.
Please comment with thoughts and ideas. Thank you.
BTCUSDT and " Hidden Divergence on MACD "Hi Dear traders, nice to meet you.
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In my opinion, this is Hidden Divergence on MACD
It has a good position for the uptrend.
We have to see what happens in the coming days.
Happy Trading and Stay Awesome!
Forecast off .90600 retestPresented is a forecast based off the direction from .90600 retest.
If there is a significant break look for a retest of .89900 which will create a nice buy opportunity if that support holds. If .90600 support holds I expect a pivot to retest .91300-.91500.
MACD and RSI indicate the current sell off.
Please comment with any thoughts and ideas. Thank you.
AUDCAD direction forecastThe pair has reached a major resistance on the daily following the recent bull uptrend. If resistance holds strong a retest of first support is possible for the bulls to load back up in attempt to make a push through the top resistance. Of the support does not hold a retest of bottom support is possible. This would present a great buying opportunity from that level if it was to continue in a straight channel.
RSI and MACD indicators are set for a sell off of some sort if top resistance hold. If top resistance does not hold look for that first retest and continuation off next resistance.
Please comment with any thoughts and ideas. Thank you.
XRP/USDT : seems more bearish than before BINANCE:XRPUSDT
Hello everyone 😃
XRP is being neutral here, Stochastic RSI have a bullish crossover and MACD is being bullish..
So we expect a retest on resistance, then continuation for bears is possible.
📍 IF XRP Breaks resistance and take hold above it, then it will bounce to next resistance line located at 0.63$.
📌 By the way there is 2 EMAs which are acting as a resistance now.
🔴 As XRP is below 0.545$ it's slightly bearish, above it, bounce to higher resistance is very possible.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Technical sell with pullbacksRSI is in the overbought zone while we are finding rejection at top resistance. Given the chart pattern I forecast a sell off to bottom support with pullbacks as mapped in the chart.
If the MACD line crosses down on signal this will help give a push further away from resistance.
Please comment with thoughts and ideas. Thank you.
Buy (Identical to previous buy success)The pair found support at this zone setting up for another buy to retest top channel resistance.
The setup is almost identical to the last buy opportunity at this level. Look for the same pullback action as mapped on the chart.
MACD/Signal are making a push towards the 0 line to increase momentum. RSI has room to breach overbought zone.
Please comment with thoughts and ideas. Thank you.
Sell with continued forecastFinding rejection at top resistance.
Read the chart for TP and retest area for pullbacks and continuation/ pivot. Line space arrows represent potential direction off TP 2 support zone.
RSI and MACD are set up for a sell off as well.
Stop loss with break of top resistance with continued trend.
Please comment with thoughts and ideas. Thank you.
Sell off confirmed rejectionLooking for a sell opportunity with a top resistance rejection. Using 2 am timeframe trend for the reversal I have mentioned in previous posts 2 am is often a strong pivot point time.
If there is a significant break and close out above top resistance the trend may reach for the next resistance to retest.
Please comment with any thoughts and ideas. Thank you!
Buy off supportAnother buy opportunity with this pair off bottom support channel. Stop loss would be a significant break and close out below support. This would sentiment towards a continued down trend.
TP at top resistance as presented on chart. Expect pullbacks.
Please comment with any thoughts and ideas. Thank you!
Sell with safe entry pointWe have a significant breakout bar through a key support. For a safer entry wait for a break and close below .95800 as this serves as a strong pullback point. RSI and MACD have some room to break into their oversold zones to reach tp zones.
Pullbacks may occur at tp 1 and .95200.
Read the chart for better understanding and please comment with thoughts and ideas. Thank you.