A possible EURUSD trend reversal Yesterday we saw a momentum move in the EURUSD, which broke above the previous high of 1.0645.
Thus, we have higher bottoms and higher tops of H1.
All sales should be closed and we are looking at buying opportunities.
The reversal has not yet been confirmed and there is no need to rush into new trades.
There will be suitable opportunities during a correction or after a break and test of 1.0700.
Correction
$BTC topping out to correction before BULLs take over againOn todays chart we have defined the major waves that are creating the $BTC fluctuations.
The strongest wave is 20W (140D) according to a great tool "DFT - DC Period 8-50 - John Ehlers " .
We have drawn this cycle on the chart along with its harmonics, which clearly synchronise with the main wave.
From the analysis we expect now a final rise lasting to 25-27th of February 2023.
After that we should see little stabilisation for one week, then followed by stronger correction between 6-20th march 2023.
The drop will be significant however we are still on the rising trend of the major 20M (80W) so after 20th of march we should get into new highs.
KINGUSDT ChartCurrently forming Cup and Handle pattern, this coin has got low marketcap, good chance of pumping soon.
USDCHFUSDCHF has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
Sales on EURUSDYesterday EURUSD made another move towards 61,8 and pulled back.
These were the first selling opportunities.
We’re now expecting a small correction and another decline.
The first target is breakout of the previous low at 1,0537.
Upon reaching that level it’s recommended to lower the risk.
The ultimate goal remains unchanged and we expect reaching 1,0440.
New sells on EURUSD Yesterday EURUSD rose to 1,0620. This is a resistance level and 50% correction of the last drop.
It is still possible to see another upside move to 61,8 before the bearish movement continues.
Upon confirmation we will be looking for entry with target previous low and reaching 1,0440.
The scenario breaks up on rise above 1,0700.
NATGAS Bullish Correction! Buy!
Hello,Traders!
NATGAS was trading in a
Downtrend for a long time
But now we are seeing
A bullish correction
And the price has broken
A key horizontal level
So I think that the price
Will go further up
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
The drop on EURUSD continues At the beginning of the week EURUSD heading towards support level at 1,0515.
These are suitable levels for correction before the next decline.
Upon a breakout of this zone the goal will be reaching 1,0440.
Up to these levels we will be looking to exit the sell trades and will be watching if there is a good opportunities for buys.
Which area is stronger?It seems that we are completing wave 4 and we can buy at the end of the wave. Both specified supports are valid, if a buy signal is issued in this range within one hour, the purchase is made
⚠️ This Analysis will be updated ...
👤 Banipal : @hosseinbakrani
📅 02.26.2023
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
EURUSD - New Breakout !
As we talked in the previous analysis, The EURUSD Price touched the resistance zone
the price is testing 1.06774 support level
Currently, the key Level is broken
so! i predict a bearish move 📉 i'm waiting for a retest...
TARGET: 1.05500
...
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
Bitcoin Stops at resistance as USD Turns Higher For Correction Cryptocurrencies slowed down recently as USD index turns higher for a correction because of inflation concerns. We see USD index in a temporary recovery, means that at some point we will expect more weakness as we think that major top for the dollar has been put in place in 2022. However, there cna be some short-term pullbacks on BTCUSD and DASH as I will look in this video, but think there will be long opportunities on dips.
Have a nice weekend.
Grega
Take Profits on EURUSDYesterday EURUSD reached its first target at 1,0585.
It's a good time for getting part or the whole profit.
We're now looking for a correction and confirmation of the new sell trade aiming 1,0515.
As long as the movement remains bearish these will be the only trades we will look at.
By partially closing and re-entering after a correction, the aim is to lower risk and maximize profit from the move.
Correction I see for bitcoin This is how I see bitcoin right now and don’t say we are bottomed, we aren’t bottomed yet and yet the winter is already over but the bear market is not over yet.
As you can see CPI Data is almost 7% and the inflation is still over 6%.
Even so we should expect the long drop follow along with a downtrend, down to 14 or 15K then finish up the correction to mid-Recovery up to 31 or 32K; then the bear market should finish up during the bitcoin halving in 2024 and expect the Feds pivot and cut rates; so the liquidity won’t have an issue.
10K is still the bear market target for bitcoin bottom somehow most of us said could go a lot lower than 10K we will see.
We won’t see a bullrun starts around 2024
Bitcoin right now is still Volatile; the buys will be short and the sells as well please be very careful and don’t get too greedy.
What bottom you see for bitcoin ?
EURUSD drop continues Yesterday we saw another bottom during the news.
Today there is news again. The news is about US quarterly GDP. They will have an impact in case of values other than expected.
Technically, the downside move continues and is heading towards first level at 1,0585.
Upon breakout the target will be 1,0512 , all the while watching for run-out.
All sell trades should now be with reduced risk.
EURUSD heading towards 1,0585Today will be announced FOMC minutes. This news may lead to bigger fluctuations.
Yesterday EURUSD failed to reach the sell zone and pulled back from lower values.
We expect bearish move to continue towards 1,0585, and in case of breakout to reach 1,0515.
Enormous fluctuations are possible during the news , that’s why lower your risk.
I am BACK :)
Hello TradingView :)
ITs been a minute since I was active in the community.
Last post I made was last year in June 2022. Many things have happened that lead to my away and absence from the community, social media and more.
I took a much needed break from being infront of the screen, camera and people. IT has been a good time to spend with family.
But, after 8 months or so, I feel its a good time to get back to trading community and social media once again.
To start sharing trading analysis, forecast, and market updates.
I want to resume the market outlook/update stream like before, and start to create more educational contents for everyone once again.
IF you are one of those who have supported me during the last 8 months, I greatly appreciate it.
Although I dont reply directly on TradingView or other social media pages, I read the comments and feel posiitive from your encouragement.
Thank you very much, and hope to see you all in the live streams to come. :)
Cheers
Jojo
Sell zone at EURUSD No change in expectations since yesterday.
The more likely direction remains to the downside, as we will look for sales on reaching and pushing back from the zone.
There are no grounds for buys next to the zone!
On a rise and pushback, look for a sell entry with a stop above 1.0805.
The goal is to reach and break 1.0620!
CADJPY 2H, Bulls exhausted. Time to Sell.CADJPY had a strong push upwards recently yet started moving correctively which is failing to push any higher.
As we know this is indicating a reversal is shaping up, which looking at the lower time frames, price broke out of the reversal structure currently developing a bearish continuation.
Look for a sell entry that fits your trading plan.
Thanks
Trade Safe
New sell zone on EURUSD Last Friday EURUSD reached 1,0611 and pullback from the level.
The rise may continue to 1,0730, where we will be looking for sell opportunities again.
An entry is made only after pullback from the zone.
The target is test and breakout of the last week’s low.
The scenario breaks down on moving above 1,0805.
ADAUSDT 1D📊 #ADAUSDT
⏱ TIME: 1D
📝ADA has reached its own resistance range in the 1-day time frame, and this range has a divorce with its own trend line. If this range is broken (orange box, 0.4193 range), it can follow its targets.
📌First target: $0.4608
📌Second target: $0.5032
📌Third target: $0.5487
📌Fourth target: $0.5948