EURUSD: Spring is setting in. Bulls shall have new pasture to graze in. On hourly charts the Bears had a steady down trend and 27th March was the day when Bulls started staging effective resistance to Bears. From here onward we see that a swing low is formed and subsequently high and lower highs and higher highs are formed. This brings us to a point where we have two scenarios 1. buy on dip. For this we use fib tool to identify potential entry point. 2. buy when the current Higher high is breached. Please note that STOP LOSS shall be respective Swing Low, as the case may be. TPs have been identifies on the chart. Wishing You a Profitable Trading
https://www.tradingview.com/x/Tu5lZyol/ After K0 break up the long-term downtrend channel, K3 tested for a first time, The decreasing volume implies another bull run may keep climbing up. If the following candles fall to test 0.382fib area, It will be a good place to buy it there. And, it is also a good place to buy it here immediately. But the risk will be relatively higher. Long-36.6/Stop-35.1/Target-50
Against the backdrop of the international inflation crisis, gold continues to rise. Now the chart is drawing the third wave in three dimensions
Emerging shark and antibat Wait for bullish price action at prz
Buy = 2.05800-850 Sell = 2.07200 SL = 2.05325 R:R=2.6 ANALYSIS After hitting Low at 2.03913 GBPAUD is following Elliott waves principles. It has formed its wave-3 by invoking Rule of Equality that, in turn, makes best case for 5th wave extension. Formation of waves-2 & 4 fulfills the criteria for alternation principle that requires at least one alternation. As per rule, target for 5th wave comes to 2.07200 minimum by taking W5=W0-3. This target is well within the 1.618W3 (2.07322)that gives maximum target of wave-5. Wave-4 has formed correction type Irregular Failure that gives future move equal to at least 1.618 of previous wave, that is again makes a favorable case for 5th wave extension.
I have made market watch baded on indicator on main screen. It aggregate view on main alts. Fat dot is bullish. Thin coloured dot is signaling possible entry. Gray dot is bearish. No dot is just downtrend. Solid line is showing how market is performing. Now its valie is 1. In the recent past it was good place to enter long trades. Marked with yellow lines. Be aware. If this is entry into bear market there will be dead cat bouces so manage your risk.
Technical analysis of ETH contract on March 30: Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern continued to fall, the price was below the moving average, and the attached indicator was running with a golden cross and shrinking volume. The big trend was still very obvious, but I would like to remind you that the current price deviates from the moving average, and if there is a rebound trend in the future, it is also a correction trend. Don't be misled; the short-cycle hourly chart showed that the European market fell and the US market continued to break the low yesterday, and the morning support rebounded and corrected. The current K-line pattern continued to rise, and the attached indicator was running with a golden cross, so it still needs to be corrected within the day, and the high point of the US market correction yesterday was in the 1865 area. Today's ETH short-term contract trading strategy: sell at the rebound 1865 area, stop loss in the 1895 area, and target the 1800 area;
usdcad sell from a valid fractal orderblock with h4 and h3 ob and now provided a valid orderblock in the m15 with no inducment which can pose a little risk and all but the h4 has a valid inducment s
Well, the Flag and Pole pattern is seen at a 1-week timeframe. Pirce may shift itself upwards. Expecting a 3-month hold period.
Technical analysis of BTC contract on March 30: Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern continued to be negative, the price was below the moving average, the attached indicator golden cross was running with shrinking volume, and the fast and slow lines showed signs of sticking dead cross. From this point of view, the general trend of decline is still very obvious, and what we need to pay attention to in trading is to find a good entry point, keep short-term, and do a good job of risk control. Leave the rest to me! The short-term hourly chart continued the trend of shock correction after the decline in the European session yesterday. The current K-line pattern is continuous positive, and the attached indicator is running with a golden cross. Then it is likely to be corrected first within the term. The resistance position of the MA30 moving average is near the 83,300 area. Today's BTC short-term contract trading strategy: sell at the 83,300 area, stop loss at the 83,800 area, and target the 82,000 area;