Pullback
GBPCAD - BEARISH RISING WEDGE 📉 The GBPCAD price is in Bearish Rising Wedge & Double TOP Pattern 🧐
The neckline is broken 🔥 the support line of the rising wedge is broken 🔥
so, i predict a bearish move 📉 i'm waiting for a pullback 📈
TARGET: 1.51932🎯
...
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🎁sell Bitcoin at the right place and get 1160 pips of profit💰🔰You can see Bitcoin analysis in 1 hour time frame (BTCUSDT_ 1H) 🔍🧨
💥Due to the fact that the price has been able to break the Up trend line🖤, if the price can ❗pullback💜 to this line, a suitable area for selling Bitcoin will be created and the price can experience a fall to the DEMAND zone🔻⚡
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
________📈TRADER STREET📉_________
✅AMAZON BREAKOUT CONFIRMED|SHORT🔥
✅AMAZON was trading above the key level
But we are finally seeing a bearish breakout
And the daily candle closed below the level
Which means that the breakout is confirmed
So we are bearish biased now
And after the pullback and retest
We will be expecting bearish continuation
SHORT🔥
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SPX: After FED - Will it keep correcting?• The SPX did a strong reaction after FED, and it is trying to recover from yesterday’s drop;
• In fact, this reaction might frustrate the possibility of a pullback to the 21 ema area, which we already discussed yesterday, but it is too soon to tell, as the index must confirm more bullish signs first;
• In order for the index to truly reverse and seek higher resistances, it has to break the main resistance at 3,911, as this key point is the game changer for the index (mid-term speaking);
• As long as it remains under 3,911, the next stop is the 21 ema area, as we already mentioned. Then we’ll see how to proceed;
• The way it’ll close today will tell a lot about its future reaction. I’ll keep you guys updated on this.
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GMT: Pullback from the strong slope. Weakness of buyersWatching the instrument to pullback from the strong slope to continue downtrend movement along the trend. The buyers are too weak to break the slope as enormous volumes were demonstrated to break the slope, but the attempt failed every time. There was another unsuccessful attempt and now we see the decrease of buyers volume. The target - 0.4565
GBPUSD have bottomed?Has GBPUSD bottomed? Price action suggest that it has. Since GBPUSD dropped to $1.036, higher lows pattern have formed WITH contracting pattern (tightening). From that pattern I drew a trendline.
Price broke the key moving averages confluenced with the trendline break. Currently price is retracing back to its mean 50/100/200 after testing several times the $1.163 level.
Actionable plan : wait for the price to test the key moving averages (keep it simple) and identify a rejection at those level and then Long.
*Rejection could be anything. but preferably confluenced with pocket pivot (blue bar or green bar at volume indicator)
BTC Scalping AnalysisHello guys.
i think i saw a good bullish divergence in RSI and price in 4H time frame.
What do you think about that?
is this a pullback to 20000 level??
Share me your opinion
thanks
Possible buying opportunity LINK CryptocurrencyWelcome
We have a break in the structure with an increasing momentum for buyers, so if the price reaches the block of orders before breaking the high, we can activate a buy trade, then the targets are as shown in the chart. If the high is broken before the price reaches the block of orders, the order will be canceled
Important week for EURUSD This week, we have FED Interest Rates.
This is the most important event for the market right now!
We're probably going to see big fluctuations in price and the best opportunities will be after the news on Wednesday.
One option is to wait for EURUSD to go near 1,0090 and see if there will be a rejection during the news.
If price action confirms the entry, then that will be a great setup.
We're not sure if price will rise and reach that level so we don't recommend looking to buy immediately!
EUR-USD Still Bullish! Buy!
Hello,Traders!
EUR-USD broke the falling resistance
Last week and went up, but is now making
A pullback to retest the broken resistance
But the breakout is a breakout
So I am still bullish on the pair
Thus, after the retest the price
Will probably go up
Buy!
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DOW JONES Resistance Ahead! Sell!
Hello,Traders!
DOW JONES is trading in a downtrend
In an opening wedge and the price
Is about to retest the falling resistance
From where a bearish pullback
Will be expected
Sell!
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After ECB, it's FED's turn Yesterday ECB raised the rates just as expected.
There wasn't much of a reaction which most likely means, everything will be decided during FED next week.
Technically, we had a rejection of the 1,0090 level.
A potential entry would be on the re-test of that level and further rejection.
We have to wait for confirmation, the upside move is done and we are going to see a continuation of the downtrend!
Important news for EURUSD Today we have ECB Interest Rates decision.
We should see them going up by 0.75%.
No matter what will be the bank's decision, we're going to see big moves on EURUSD.
We could see more bullish pressure on EURUSD, but we have to keep in mind that FED is also coming out with their decision soon.
That means, whatever upside move we see today, it could reverse pretty soon.
That's why, we think the best decision today would be to wait for the news and look for entries after that.
Also, price reaching higher levels will only give us a better sell opportunities.
Trading RSI Divergences LIKE A BOSS (I may have failed you)Get your copy of the Free Heiken Ashi Algo Oscillator
I'm not going to lie. There is WAYYY too much technical stuff to type up in this for you guys. its best if you watch the video. Always Always Always ask questions below. I am always more than happy to show you what's what.
This is some UPPER LEVEL STUFF in this video and i know a lot of you won't fully understand it but i want you to understand what it is that you DON'T KNOW about.
Unless you know these things, you won't know what questions to ask about. So here we go. Let's get into it.
Trading the RSI Divergence like a BOSS
After the RSI Divergence is found:
On the chart: (KEYS)
1 = last HH
2 = current HH
3 = 1st HH Closing Price
4 = Confirmation of candle closing BELOW 1HH close price
5 = Find your targets
6 = Pinpoint any target with multiple confirmations
Steps to take:
1. See last Highest High
2. Draw a line across the last Highest High close price.
3. Confirm second HH is higher price but lower RSI value.
Now wait....
4. Wait for candle to close below price of step (2)
5. Enter SHORT if (Heiken Ashi Candle is closing RED)
6. Your 50ema is Take Profile #1 (Set it up)
7. Your swing high is your stop loss
8. What does the RSI Formula tell you? Is it in the positive? So what! Use the same numbers but trade SHORT. Yep, that what i said, TRADE IT IN REVERSE! This is Take Profit #2
9. Do the Fibonacci trick to confirm which is closer (tp 1 or tp2)
10. Look left for the most recent area of Liquidity. It's a candle with a long wick up or down where price reverses sharply.
11. Scan the Algo for a price level WITH volume. You have found your target. Adjust your take profit and walk away.