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SNR

A little soon to long GBPUSD: An analysis!Two channels are perfectly seen in the chart! An ascending in green and a descending in red! Regarding the static levels we are far from the strong support and almost close to a seller activity level. Also the midline of the newly formed uptrend channel does not seem very strong and we can’t trade based on it. At the same time, The Bearish mid-term channel is clearly broken and a reversal and a retest just happened there. The levels of certainty is low but we can say bulls are a little stronger regarding the trend lines, Channels and Levels. 100 day moving average is perfectly broken but In dealing with 200 days SMA, we encountered a strong presence of sellers. So moving averages don’t indicate a clear signal too however, bears are a little stronger regarding SMAs! Conclusion: Market is not as clear as I could suggest a buy or sell option. I except a consolidation till the bottom of uptrend channel, where strong bulls begin to be appeared, then we will accompany price after breaking or reacting to the bottom. Although, if in your strategy, indicators don’t play any role, you can enter a long position and take profits in 2 steps at around 1.37 and 1.39. In the case of entering long right now, You can put your SL just under the consolidation box.
Long
by AliSignals
2
MATIC : Short term Bearish on QM SetupHello :D Price have create a Higher Highs and followed by Lower Lows on H1. Currently there is two time prices rejection on SBR Zone (0.358 FIB Level). Which is right below Supply Zone around 2.6300 $. This also show there is Liquidity Pool between that area. The Possible Exit is at: - Minimum Exit : 2.3000$ (1.618 Fibs) -Target Exit Zone : 2.0830$ (2.618 Fibs) This Bearish market is because on Daily BBMA Setup, price have touch the 5/10 Lows and don't have enough momentum to continue the BULLISH Trend. Possible price will target the 50 Daily EMA which at the same level with Target Exit Zone. Thank you and wish you all have a nice day :D Peace.
MShort
by RiqqiRider96
US 100 AnalysisMy TA analysis for next week. Daily Timeframes : BULLISH. Current Direction of market is BEARISH. (short term) Chart Pattern : QMP Setup (Sell) + QMP Setup (BUY) On this BIG Ranging. At Current setup is still bearish movement because price have break 2 H1 SUPPORT. For next week, watch what pattern form on lower timeframe (M15,M30,H1) at H1 Support. Continuation or Reversal. If the price Succesfully Break the H1 Support it will retest and Target TP 2 Zone. Always watch on lower timeframe when the price reach SNR / Fresh previous BASE. Hope this would help. May this 2022 give you a lot of blessing, new adventures and good fortunes . HAPPY NEW YEAR Boisss .. :D
U
by RiqqiRider96
GOLD direction prediction and analysis.Here is my idea by using SNR and SND. (Only fresh break) Chart Pattern : Possible Head and Shoulder (HNS) If there is Double bottom formed on H1 for today then HNS is Possible targeting Resistance zone around 1806.00. Which also there is Supply order block. If the Supply exceed the demand in the zone then the next target possibly back to previous BUY ZONE. its just my analysis for direction using for scalping and intraday. Make sure to watch lower timeframe such as H1 and M30 for double confirmation on price reversal/rejection. Hope this would help and wish you have a nice trade day. :D
OANDA:XAUUSD
by RiqqiRider96
#NZDCHF important SNR 👍👌analysis: -on 1D time frame we show a bearsh channel I think it could break up that channel -on 4H time frame we show Golden Cross and important SNR (support and resistance) For confirmation : Wait for the insurance of technical patterns on small frames , such as Double Bottom , Head and Shoulders , and others. Targets: TP1@0.64600 TP2@0.64800 TP3@0.65000 For more analyzes and our encouragement do not forget: -Follow us -Support us with the like button 👍 -Write a comment
Long
by mohamed_Abdullah7
USD/JPY Multi Time Frame Analysis - Possible UptrendPurple Line = 4 Hour SNR Red Line = 1 Hour SNR Yellow = 5 Minute SNR 4 Hour candle close above 4 Hour support level and on 5 Minute chart we can see clear triangle which is break in uptrend and now if we see pullback price should go high at least till new 4 Hour Trendline Resistance If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
Long
by ArmaTrader97