ABFRL Breakout1. Very aggressive longs added in futures
2. Daily and weekly break out with volumes
3. Taking very good support at 21 EMA
Dailychart
LINK/USDT Time Frame DailyBINANCE:LINKUSDT
To find strong support and resistance we can go to Time
Look at the frames above and we can see the price on
An important support is fluctuating and if the candlestick is the last one
If the positive Doji closes, the price can return to the upside
And the range of 20,000 is a strong resistance that breaks this area
It causes good growth for this currency.
Possible Long Position ODM!!ASX:ODM
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Market Direction: Long Position
Chart time frame - Daily
Timeframe - 30 days
A – Activating Event
Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.048
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 0.048
Target 2 @ ....
Risk/Reward @ 1.4.5
Happy trading :)
Follow your Trading plan, Remain disciplined and Keep learning !!
Please Follow, Like,Comment & Follow :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Gold can't hold daily gainsToday Gold tested $1815-$1820 supply zone and failed to close above it. There is not much bullish strength left as the precious metal got rejected at $1815 twice. A bearish pin bar is forming on daily chart and we may get more sell off after a slight retrace higher. Bears next near term downside price objective is pushing Gold to $1783 and technical support at the June low of $1750. We would consider trading short after a price action signal and a pullback.
Please like and comment. Thank you!
IBM bearish scenario:We have a technical figure Descending Triangle in US company International Business Machines Corporation (IBM) at daily chart. IBM is an American multinational technology company. IBM produces and sells computer hardware, middleware, and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. The Descending Triangle has broken through the support line on 03/07/2021, if the price holds below this level we can have a possible bearish price movement with a forecast for the next 9 days towards 136.99 USD. Our stop loss order should be placed at 147.50 USD if we decide to enter this position.
CADJPY Buy Trade Idea DailyPotential for CADJPY to continue Uptrend after dip and retest of most recent breakout area. Oil Futures mimic this move as well. Looking for buying pressure to pick up in the green "buy zone" for Buy Opportunity. Either wait for the Breakout or place a conservative Limit Order in the zone.
USD/CHF - Long Term OutlookOverextended bearish cycle, bottomed out at 0.8950. Hawkish USD outlook pushed price to the upside. Last week was flat.
Where will price head this week? Continue to the upside?
Have a great trading week!
tcsTCS has reached its crucial level of resistance on daily chart. Keep an eye on it, if it breaks that an awesome upside movement can be witnessed. What makes me more confident of a breakout is the formation of double bottom too.
Pure price action , no fancy indicators.
GBP/USD broke out of its primary Trendchannel!Hey tradomaniacs,
GBP/USD broke out if its primary trendchannel and could continue its way down for a correction.
Since the breakout of the monthly downtrend we haven`t seen any retest yet
Watch these levels carefully as fundamental circumstances aer a bit chaotic for the US-Dollar. This breakout could continue or turn out to be a fake.
Worth a try with conformation. :-)
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NZDUSD Daily Analysis- Overall Bearish Market StructureHello,
I am working on my technical analysis with my charting. Please feel free to comment and give more input if you agree.
NZDUSD has been bullish since March of 2020. Price action previously respected the uptrend parallel channel reaching a major resistance level of 0.74690.
There are resistant candle tops that show a downtrend forming in the market structure. Lower lows have been presenting; confirming the downtrend as well.
Over the next several month I'm expecting price to continue short.
We look for 4 confluences in market structure to confirm the direction of the market. In this idea shown, we have identified several.
1. EMA 8 & EMA 14 crossed over and currently bear.
2. Lower lows presenting resulting downward trend.
3. Candle tops resistance at key resistant levels.
4. Head & Shoulders pattern ( M )
AKRO USDT IS FORMING A FALLING WEDGE ON DAILY TIME FRAMETrading Signal Time
Akro Usdt
Entry: 0.025 to 0.02
Tp: 0.041
Tp: 0.047
Tp: 0.051
Tp: 0.061
SL: 0.009
XMR/USDT (BINANCE)Monero went on a bearish stretch, after the appearance of a Harami Pattern (marked on red) the price has began entering a correction phase where right now is going for a breakout possibly to the upper side, the price breaking above the moving average shows signs of a possible reversal happening, staying above that pink EMA200 indicates that prices has found support and demand. MACD shows momemtum to the upper side as the price keeps climbing. Stochastic still below overbought levels. Strongly suggest watching those 5min candles and 15min candles to get the most accurate information to confirm the breakout.
Kusama (KSM) - More Bullish PA to Continue?Daily Chart - Long Term Outlook!
We can see price hovering around the 400 USD mark, at a key previous level in price.
Will we see more bullish PA on this coin? We have seen KSM perform better than most coins as of late.
What coins are you trading in the crypto markets?
NZDCHF looking up 🦐NZDCHF is moving inside a descending channel.
The market after the recent low at the 0.64300 started a move to the upside and currently is testing the descending trendline.
According to Plancton's strategy if the price will break above we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 for a new ATH? 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all time high.
The price during the retracement tested perfectly the 0.5 and the 0.382 Fibonacci level.
According to Plancton's strategy of the market will break above we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BLS INTERNATIONALBLS INTERNATIONAL is going to be made symmetrical triangle pattern in daily chart .
After 125 level it is showing some big move.
buy above 125 level
Note that this analysis only for educational purposes, feel free to give your review on my analysis.
GBPUSD a symmetrical triangle? 🦐GBPUSD is trading over an ascending trendline.
The price is creating a symmetrical triangle pattern and according to Plancton's strategy if the market will break above we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
bank niftyBankNifty Resistance seen at 34700/34800
if not sustain ABOVE we seen again down side .
for 34200-34000-33800.
33800 is good Support add buy pos. here and dip
near 32200 also. WE SEEN 34200-34500-34800+
Note: All views are education purpose only.
May 2021 DumpMeasuring from All charted ATL to ATH 65k This Dump retraced to exactly 23.6% Fib Retracement
CHOLAFIN Long trade for Swing.The price has been moving in an Upward Channel and is around the Lower Trend line of the channel and there is also a Demand Supply zone around it. So there is a Confluence of both. A Confluence of 2 or more lines indicates a zone to watch out for some price action either side.
But watching the buyers buying on dips and being active on the lower trendline and RSI is also around 51
showing strength in the stock to move higher. Hence my view says to buy around CMP with a target of almost 8-10%.
XAUUSD - 4H Hello traders , I hope you have a great day . as you see we are watching gold's last bullish attempts , so , i think we had a bullish flag pattern , as you see on chart I would trade after break out and a pullback , I think we will have a safe sell .
I will have SL but I am not planning to have TP , so chart will say to me where should I close my order . after flag pettern's breakout , I guess we will have a double head or triangle pattern or maybe another flag pattern . so I will make another sell order after that break out .
if you liked my idea please like and share and follow me for more analyses :)
TRADE WISELY , HADI TOHIDI .
SANDUSDT Let's catch some waves!This could be profitable! It's at what I call the h of a W: DOWN (a new low), UP (Test of prior high), DOWN (Test of new low or creation of a higher low), and finally up creating the W formation. See the chart. Good luck!
