ALGO SHORT TERM IDEAAlgo for sure wont stop here looking for more upside to OB and to touch that wick from there correction can hapen
Correction
The potential downside of goldhello traders
gold under the bears
The current rise is just a correction and its liquidity has been seized. The price of gold may collapse at any moment
GBPUSD Correction Phase Expected After The Bearish Impulse MoveGBPUSD has been trading in a bearish trend for a long time now and its safe to say as we broke the 1.14010 low. But on the 4 hour timeframe we saw a complete clear impulse move which all guidelines are not violated so we can possible expect a correction to the upside in this case I wouldn't suggest an impulse move up as we realise overall we are in a strong downtrend by simply looking at market structure every time we saw a bit of pullback it didn't last it was followed by a strong bearish move this move is not any exception.
Well it can be any corrective move but we can at least expect a zig-zag as its very common. The idea is long term we are still bearish but we can take advantage of short term pullback moves.
CHFJPY H1Hi traders, CHFJPY is setting up for a downside move watch price action and look for short GOOD LUCK.
GLAND PHARMA, RSI DIVERGENCE!!the stock will have a good impulse move, it has corrected a lot, one can earn about 90% from taking a swing trade. the stock has reached at a price of its IPO's time only.
good RSI DIVERGENCE is forming.
stock price targets are too mentioned.
at last: have a look on moving averages too.
EURUSD post FED EURUSD continues the downside move.
We now have a new low and price almost reaching the level that we shared before - 0,9800.
The direction remains the same even after the news and our next target is 0,9685.
Entries could be made after a pullback and rejection or break and retest of 0,9811.
We are not looking to buy while price is trading below 0,9910!
USDJPY 1h Correction to the sideway tunnel | +300 Pip TargetUSDJPY
Timeframe: 1 hour
Short Day Trading Position
Take Profit @ 143.633
SL: 144.203 (continue the bullish trend)
The pair was in a sideway tunnel for a week, and broke the tunnel up yesterday. But because of the long wick few candles before, it is more likely to go back down for a correction to the last tunnel support that has broke it up recently, which is our target.
I would be grateful to get your feedback for this idea if you have any opinion to share
✽
Esteem your Analysis and seek improvements ⌁
↝✔
@AbdullahTech ♾
🎯ATOM - primed for pullback?🎯ATOM has been one of the most bullish coins this summer, rising 210% from its bottom in June. Consequently, its Bitcoin valuation has risen ~250%.
Recently it double topped around .382 Fib measured from last weekly swing high in April - this suggests we still have bearishness on the long term.
It also tapped into the .782 Fib measured from previous daily swing high in May before the meltdown - this suggests that a pullback will not go too deep too soon towards previous lows.
The big RSI bearish divergence already pointed out that we are due for a correction.
The FOMC press conference today could provide the catalyst for that pullback.
However, there still might be some gas left in this up move, so I don't exclude the possibility to have another leg up before a deeper pullback.🎯
📈The game plan:
1. ATOM needs to break down the 4h 200 EMA support it currently sits on. Wait for candle close confirmation.
2. Scout the ATOMBTC chart - if it goes below previous swing low (68890 satoshi) we have another confirmation.
3. ATOM needs to break down below previous swing low between the two tops (13.225 $). Wait for candle close confirmation.
Profit levels are at 12$ and 10.6$, based on Volume Profiles, depending on your risk appetite. The trendlines could provide support on both charts, so be careful to take profits in time.
Don't rush into it. Let the news be digested by the market. We need at least 75 pp increase on the federal rate to keep ranging, and 100 pp rate increase to move the markets down.
If we keep ranging, I would be more inclined to do this trade on the ATOMBTC pair.
This post links back to yesterday's post regarding overvalued altcoins - thought it would help to share a concrete example.
💎Looking forward for your questions below. If this post provided you value, follow for more.
🚨Disclaimer: this post is for educational purposes only, not financial advice. Do your own due diligence.
DXY : DOLLAR INDEX H1Hi traders, DXY is setting up for a upside move watch correction to complete and look for long GOOD LUCK.
EURUSD H4Hi traders, EURUSD is setting up for a downside move watch price action in a lower timeframe and look for short GOOD LUCK.
GOOGL ACCUMULATION AREAGOOGLE ACCUMULATION AREA, long-term
Possible correction of GOOGLE and accumulation
SUPRIYA LIFESCIENCE, LEVELS!!supriya lifescience is a good company, with a good fundamentals and increasing profits. lastly it has a good profit margin too.
pharma sector is a most toughest sector to analyse.
still with a help of technicals and price action we can make it easier.
targets are mentioned, the stock is following certaining support levels, no movement in the stock for certain continuous days, let see for a movement, and then take the trades.
top of that nifty pharma will get its impulse move soon. (check links part)
note: not a gurrantee investment idea, just ofr nalysis part and education part.
EUR USD UPDATE (SHORT) The structure is broken if there is no reaction from buyers so the price will drop from here
SILVER H1Hi traders, SILVER is setting up for a upside move watch a sharp move to the upside and look for long GOOD LUCK.
AUDJPY ( LONG) SHORT TERM market structure
price action
demand zone
wave analysis
impulse wave
correction
USOIL (ANALYSIS) supply and demand
price action
market structure
wave analysis
impulse wave
correction
liquidity
NASDAQ TARGET 11541!!, MARK IT. i have made a detailed analysis, that why Nasdaq is falling, and based on different corrections, bear markets and from various crashes, i have made the support and resistance, which determines the supply zone. finally, the markets will not face any crash such, the Nasdaq is just falling because of the hike of interest rates, thats much. people and institutions are moving out from the markets, making the index to get corrected, and this selling pressure, is basically preventing from a huge crash(when the government will such announce hike in interest rates, in some future, just to correct the markets that far).
so analytically, this selling pressure, is making the index to correct itself and preventing it from going in crash.
DXY start of correction ❌🧨Hello 🐋
Based on the chart, the price is close to the resistance zone and top ✔️👌
if
the price doesn't break the resistance zone to the upside, we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
