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Pullback

EURUSD H1 analysis Like we said yesterday, the downtrend on EURUSD is still valid and the best trading opportunities will appear as soon as price confirms another downside push. However, it is still early to enter short and expect to see a breakout of the previous low. We are now waiting for the pullback to continue and trick us a few more times. That's why we should reduce the amount of trades and position size before we see a clear setup. We could potentially see a drop to around 0,9750 and then another push higher maybe taking price above the parity level.
by ForexTrendline
3
⭕️BUY GOLD at the best place and time 😉 ❗️🔰You can see gold analysis in 15 minutes time frame (XAUUSD_ 15min)💣🔍 💥Due to the breaking of the Downward trend line🖤 by the price, we can expect the price to rise when the price pullback❗ to the Downward trend line🖤 in the overlapping area of the Downward trend line🖤 and Support🧡 until the SUPPLY zone🔺🚀 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 __________📈TRADER STREET📉___________
OANDA:XAUUSDLong
by TRADER_STREET
EURUSD Big Picture Pullback into Continuation ShortsEURUSD made a push to the mid 0.9530s during Asian Session (Sept 28,2022), recovering nicely again to just below previous NY Lows of 0.9580s during London. At this time the 1H Timeframe was in a beautiful downtrend but giving Price Action signals of a possible break. From a Big Picture point of view, I wanted to see price make a recovery and break again above the 0.9600 (this has just been done during the NY Session (Sept 29). We have a clear break in structure from 1H down, and I am currently waiting on a Pullback to enter on a Long Position and ride the higher timeframe pullback as shown. Possible Entries: 0.9600 0.9573 Stops between 10-15 pips below these entries Targets: Target 1: 0.9750 Target 2: 0.9825 Note: this is not trading advice and/or signals, do your own analysis and manage your risk accordingly. Would love to hear your feedback. Best of luck in your trading.
Long
by adapenafigueroa
4
BTCUSDT pullback to triangle trendlineThere's no reason for bullish bias. The price action shows an engulfing bearish after a pullback to triangle upper trendline, healthy 30% retrace and retest. Supports broken. Price below daily volume point of control -rejected from POC. Expecting lower lows aiming 14.6% as seen on chart. 17K is possible in a next swing downward. Plus hidden bearish sign from Chaikin Oscillator. Fibonacci retracement applied w/ 88.6% and 14.6% key levels. Bearish 2-D swing to complete the major Head and Shoulders correction @ all retracement expected.
Short
by firmestudio
6
MASSIVE DOWN POINT never seen since March 1985The reason I took the trade I simple, there are 4 reasons First of all, I was waiting to see the breakout of the price and now we can see a descending channel with a downside breakout and a pullback. Second of all, The price broke the massive support of 1985 which means the price will struggle to break it again as resistance. The probability of the price going down is greater than the probability to go up and challenging the resistance. Moreover, there is a divergence in the MACD Ind that shows an Inversion in the psychology of sellers. In most cases, they predict an inversion in the trend but the Macd is not even to break the trendline which means we can take profit as long as the price doesn't brake the macd trade line. I've set my take profit by measuring the width of the channel and put my tp on the same width measurement starting at the pullback. We might see a downfall even bigger I'll give some news, later on, wait and see.
by pacifiedRice75213
NZDJPY Short Term Sell Idea Delivered 200 Pips Move!!!In NZDJPY short term sell idea post, I mentioned that "Price is bouncing lower from a key resistance zone on the H4 chart, in addition to this we also had a bearish divergence and lower lows based on the MACD indicator. On the H1 chart, we had a bearish trend pattern so until the key resistance zone holds, my plan here is to sell pullbacks in the short term". The price action followed my analysis and moved as per the plan here. The pullback that I was looking for happened and then the price moved lower further and has delivered 200+ pips move! Note: Currently we have a bullish divergence in play, so if you are still involved in the sells then this is a good place to consider managing your trade and secure your profits (cash out or partial cash out or trailing protections or partial hedge, etc.. depending on the strategy that you work with). Original Idea
Short
by VladimirRibakov