If you enjoy my analyses and want access to my indicators, consider following and supporting me. Continuing the trade in NYSE:DOCN , with an average price of 42.41, I maintain the analysis of an accumulation period within the range of 38.60 to 44.19. Last analysis: https://br.tradingview.com/chart/DOCN/ajeSVIjG/ After making its bottom on 02/24/2025 at 36.30, the asset has seen strong demand since then, preventing a new downtrend period in the Weekly Heiken Ashi, which is now sideways but signaling that it does not favor the downside. In the Daily Heiken Ashi, it is currently breaking the high of previous candles once again, as well as the average between highs and lows. This indicates a new attempt to start an uptrend. We now face the challenge of the downtrend line, touching two key points: 02/18/2025 and 02/27/2025. The breakout of this line seems likely to mark the beginning of the uptrend I have been anticipating. Looking at the Weekly timeframe, we can already see a clear upward channel. Donchian Channels for 1 month, 3 months, and 1 year all show broken highs and are over 25% above, indicating a clear uptrend. The moving averages do not show significant variation; they are moving sideways (as always happens in accumulation or distribution) and are below the current price. I only consider the 10-day and 20-day exponential moving averages, as well as the 1-month, 3-month, and 1-year moving averages. The winds are favorable. All aboard.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per our last EURCAD analysis, it rejected our blue support zone and traded higher. What's next? ?EURCAD has been overall bullish, trading within the rising channel, however it is currently retesting the upper bound of the channel. Moreover, the red zone is a strong resistance zone. ? Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance and upper blue trendline acting as a non-horizontal resistance. ? As per my trading style: As #EURCAD approaches the red circle, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) ? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hello, trader. Bitcoin will begin to trend downwards in a descending triangle to the price of approx $74,000 nearing the end of April 2024. Then continue its upwards trajectory
1)Trend defined. 4h uptrend. 2)Contradictory limit order entry. At lower extreme below the 1h consolidation area. 3)Default loss. Below the beginning of the move. 4)Target not set. Multiple targets. 5)Risk
The AUDJPY currency pair maintains a bearish sentiment, supported by a longer-term downtrend. Price action remains pressured, with a key swing low acting as an immediate resistance level. However, potential upside corrections could test key resistance areas before determining the next directional move. Key Levels to Watch Resistance Levels: 94.50, 95.50 (20 DMA), 96.80 (50 DMA) Support Levels: 92.70, 91.40, 90.20 Bearish Scenario If AUDJPY fails to break above the 94.50 resistance level, a renewed bearish rejection could trigger further downside momentum. A sustained move lower could expose key support levels at 92.70, followed by 91.40 and 90.20 over the longer timeframe. Given the prevailing downtrend, sellers may look for shorting opportunities on rallies toward resistance. Bullish Scenario A decisive breakout above 94.50, confirmed by a daily close, would weaken the bearish outlook and signal a potential reversal. If this occurs, AUDJPY could rally toward the next resistance at 95.50 (20 DMA), with further bullish momentum potentially extending toward 96.80 (50 DMA). Conclusion While AUDJPY remains in a broader downtrend, the 94.50 level is a crucial pivot point that will determine the next move. A rejection from this level would reaffirm bearish dominance, whereas a breakout above it could signal a shift toward a corrective bullish phase. Traders should monitor price action around key levels for confirmation before positioning. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
I just now opened a short recently on OM. Anticipating that the market will continue fall down to the $7.0673 where it might find enough demand to push back up the price.
1. Strong Resistance at 48,766.90 2. Breakout Level: 48,330.55 (Black Line) If it reclaims 48,330.55, we might see bullish momentum again 3. Support Levels: Support-1: 48,081.05 Support-2: 47,918.85 Strong Support: 47,668.00 If this level breaks, further downside expected. 4. Possible Scenarios: Bullish above 48,330, targeting 48,420 - 48,656.90. Bearish below 47,918, targeting 47,668.
Price action looks like it wants to test support levels much lower than this. Around $32-$28 would be a good area to add if you're looking to get more into hims stock. I have a pretty large position and would only be interested if we get the the lower green support levels. If not, let it ride.
ICMARKETS:STOXX50 remains within a well-defined ascending channel, with the price showing a rebound from the midline of the channel. This suggests a continuation of the uptrend, targeting the upper channel boundary. A short-term pullback could offer a potential entry opportunity. If buyers step in and confirm strength through candlestick patterns like bullish engulfing or hammer formations, momentum could drive price higher toward the 5,688 level. A breakdown below the channel's lower boundary, however, would invalidate the bullish outlook and signal a potential shift in market direction. Remember, always confirm your setups and trade with solid risk management. Best of luck!
https://www.tradingview.com/x/c8X63y9E/ AUDUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy AUDUSD Entry Level - 0.6242 Sl - 0.6194 Tp - 0.6322 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️