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Dailychart

DXY breaks daily high.. is it enough?So the target was hit today on daily. Question is whether it is now time to go short! LETS GO! Pick the top and ride it, right!.. wrong.. who cares if you pick the actual top, only your twitter feed. NOT YOUR ACCOUNT.. are you here for entertainment, or to make $ and grow the account. EASIEST way to lose money and blow account - Picking tops and bottoms. Who will tell you this.. EVERYONE that has done it and blown live accounts.. yep.. most of us. Time to wait for the actual set up to form on EURUSD - there will be time to get in it... have achieved one goal.. now I would get out of longs up here or trail stop tight. Happy trading! -- Doc
TVC:DXY
by docholliday
CADCHF SHORT-TERM SHORT OPPORTUNITYWelcome back! Let me know your thoughts in the comments! **CADCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
6
Gold / XAUUSD, Daily Time FrameFOREXCOM:XAUUSD According to the chart above, the price of gold has hit two resistance ranges in the daily time frame. It is expected that it will fall from this range and reach the specified goals. If the analysis is correct, the price targets can be $1,690 and if the price continues, it can be $1,630 . Also, if the two current resistance ranges break upwards and stabilize in that range, this analysis becomes invalid, which can be considered as a stop loss for this analysis. ---------------- Be Defferent ... Hamid Rahathhagh
FOREXCOM:XAUUSDShort
by rahathagh
Daily review of BTC interval 1HHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price is moving below the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 24,450, if the support breaks down, the next support is $ 24,362, $ 24,292 and $ 24,226. Now let's move from the resistance line as you can see the first resistance is $ 24,582, if you can break it the next resistance will be $ 24,782, $ 24,934 and $ 25,078. Looking at the CHOP indicator we can see that in the 1 hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows that the blue line is approaching the red crossing from below, which could confirm the local upward trend.
by cryptodailyuk
Daily review of BTC interval 1HHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price is moving above the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 23,743, if the support breaks down, the next support is $ 23,528, $ 23,365 and $ 23,198. Now let's move from the resistance line as you can see the first resistance is $ 24,127, if you can break it the next resistance will be $ 24,295, $ 24,470 and $ 24,722. Looking at the CHOP indicator, we can see that in the 1-hour interval we still have a lot of energy and the MACD indicator shows a local upward trend.
by cryptodailyuk
BTC idea for today 05.08.2022BTC as planned yesterday went a bit down and then bounce. 150 dolars higher than expected but as i was saying before that from this area we can see 28k in couple of days, probably will happen. For now: we have hidden bearish divergence on 1h chart means we can touch base line for more up movement, maybe there is good spot to reenter long. 23700 looks like hard resistance will high volume soo then price will go in consolidation or in low correction.
Long
by pangreen12
1
Bitcoin it's in the key point to short now!!!Analyzing by Daily timeframe, we're in the good point and Bitcoin continue down. What we could to expect it's that Bitcoin continue down and then break-out this chartist pattern to the downtrend direction. I found out that measure the forecast we can to predict that the next goal it's to reach down to $14,600 USD next target to short. Also, I change my past analysis in Bitcoin in H4 timeframe that we're ok shorting from $24,030 USD. But we see in this point a huge opportunity to get benefit in this bear market. If you want to follow this strategy and trade by swing trading, you can to entry now in the market price, because in 3 Daily timeframe, I see the confirmation very clearly that Bitcoin goes to another bearish movement soon. You can to put your Stop Loss to around $26,060 USD. It's a risk of 14% in this trade, but you can to calculate your money management to know the risk and see the benefit. Now, if choose this target $14,600 USD, This could be a benefit of almost 35% shorting Bitcoin. But as I'm shorting from the $24,030 USD, I only extend my Stop Loss to $26,060 USD, And I change my mindset to now take the opportunity to short Bitcoin. This it's the Daily chart and we see this bearish perspective in my plan to make swing trading. I would like to make day trading when we're in the Gold point to short, and when analyzing the macrotrend like Daily timeframe or more, to take best perspective to short and change my strategy to swing. I hope that this strategy support you and take best decision to short in this bear market in crypto. I linked my related idea for more information of my past trade in Bitcoin that I explain that I was shorting from $24,030 USD and also my weekly analysis perspective.
COINBASE:BTCUSDShort
by harisonhbn9718
3