We can see AMZN has formed a very clean parallel channel due one last leg up.. Also bullish weekly divergence visible Not financial advice
Using indicator - Market Order Bubbles by Laviathan Firstly awesome indicator! Love it for guaging high volume buying and selling (used for panic selling or panic buying). The higher the volume the selling the bigger the red bubbles. Inversely, greedy buying, bigger green bubbles. Sometimes, the bubbles are genuine, as literally big sell offs or strong buys. So, a little strategy, using these bubbles with the trading 101's is very helpful. Here a decending triangle on a 5 minute. Mental sell off's. Trading the decending triangle using the seel offs as a guide to add confluence to the decending triangle. Just an example. Still a great guide to trading 101s. :) https://www.ig.com/en/trading-strategies/10-chart-patterns-every-trader-needs-to-know-190514 Couldnt publish on 5 minute. Put on a 5 minute time frame with Market Order Bubbles by Laviathan and you will see what I mean. Happy trading :)
https://www.tradingview.com/x/yHDKWJYr/ Hello,Traders! USD-JPY is trading in a Downtrend below the falling Resistance line and the pair Will soon hit the resistance From where we will be Expecting a further move down Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Nothing has changed. Still believe it will rally to backtest the channel. Not financial advice.
Ive been looking at btc on the 4h. It looks like there has been a liquidity sweep at this resistance area and could indicate a strong move down to $72000 area . this is not financial advise please do your own research.
Entered SNAP LONG. Thesis Break and retest of down trend line Change of character Looking for 2:1 RR
Pepe has dropped by more than 80% in the past period, making it one of the most heavily declining coins. The coin is now sitting on a very strong key support level, so we expect a strong rebound in the coming days.
This most recent price action has helped confirm the bottom rail of the parallel channel to simplify the picture. SPX has a date with the upper channel. Potentially at the 2.618 Fib extension. Then... down? Not financial advice.
https://www.tradingview.com/x/p8BxSuQb/ ✅AUD_CAD is going down And the pair made a bearish Breakout of the key horizontal Level of 0.9007 which is now A resistance so we are bearish Biased and we will be able To enter a short trade on Monday With the TP of 0.8970 and The SL of 0.9030 SHORT? ✅Like and subscribe to never miss a new idea!✅ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.