Dear traders! As Conan mentioned in the previous analysis GBPUSD completely ended the entire downtrend with a consolidation breakout above downtrend resistance and is now trading active on the 10 hour timeframe and reaching 1.2704 . In such a scenario, we are expecting further strengthening with various Federal Reserve speakers due to speak later in the day. On...
Today we have a sudden strong bullish move that is completely fake and unsustainable... Join me in this trade idea so that we can look at Ethereum together; Boost, so that we can get started. Today's candle shows the strongest bullish action for Ethereum since early 2021; major bull-market action. That's the type of action we are seeing today. This type of...
Meta Platforms (META) is consolidating within the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) only 3 weeks after it touched the bottom (Higher Lows trend-line) of the 1-year Channel Up. This is the start of the new Bullish Leg of the pattern, half-way through the accumulation process. Once the 1D RSI breaks above its Lower Highs trend-line, we will...
💹 Let's kick off our trading week by analyzing the popular EURCAD pair. 🔎 Higher Time Frames Analysis: In our daily and weekly time frames, we observe that EURCAD has been ranging between 1.42435 and 1.50374, which is logical given the current policies between the European Union and the Canadian government. 📊 Previous Analysis Recap: In our last month's...
It seems like the price is forming a massive Inv. head & shoulder pattern, and now may be the time to keep an eye on BONK! If you're looking to trade BONK at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above $0.00002675 and take profits at the levels shown in the chart. Targets: 1. $0.0000275 2....
Vertical lines represent bearish and bullish sessions. The next reads to be a Bullish Session. The price is questionable. The 3-month space is just an idea of what might happen. Bubbles represent price zones. I will not play Wizard and predict where the price will end up. I'm only being honest. Price action, sessions, and pi cycles read how and where. Prices are...
Pair Name : EUR/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 0.98600...
#Bitcoin📷 Bitcoin's weekly candle closed below 67K,which is not a good sign. We are now below a critical resistance level. What are your views on this? CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD #BTC
FX:USDCHF is forming a false breakdown of range support and uptrend, which opens the market to buy potential. CHF is weakening stronger than the dollar and this could support the uptrend. On D1, the price tested the MA-50 ascending average with a false breakdown, as well as a strong support area at 0.900. Liquidity capture and candlestick set-up form the price...
Welcome to this extensive analysis of Bitcoin. Bitcoin is poised for a major breakout. If it surpasses the FWB:67K level, we could see $100k by the end of the year. This is Scenario 1, as depicted in the chart. All the fundamentals align with the technicals, and the crypto community is increasingly bullish. Logic suggests we could be on the cusp of a...
Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT. ➖ The signal here comes from the volume. Notice how trading volume is much lower now compared to March while a...
The price perfectly fulfilled my last idea. After breaking through the downward channel, the market is currently trading sideways. FX:EURUSD has closed above the key level of 1.08500, which is a significant milestone in its price action. By looking at the chart's left side, we can see that the market previously tested the support level, where the price rapidly...
Dear traders! This is the idea and overview of the coin. Overall, BTCUSDT experienced significant volatility yesterday with a bullish outlook beyond the $67,200 level. It is currently trading at a new high of $71,025, after hitting resistance at $71,300 and falling 0.46% on the day. By maintaining this positive level, the bulls continue to receive a buying...
As discussed throughout my Friday's session commentary: "My position: Only factor which is keeping Bullish bias alive is DX taking strong hits and as soon as DX starts reversing on new Bullish Medium-term leg, Gold will deliver decline of current Inflated Price-action. However, Gold still remains very sensitive to every Bullish development where minor Bearish...
OANDA:XAUUSD surged, moving towards its next key resistance zone at the 2400 level, where it closed above it. This is a significant bullish sign, as it marks the first time in history that the market has closed above this level on the daily timeframe. The market has also formed an inverse head and shoulder pattern, which has played out nicely. According to this...
AUDUSD: Structure Analysis - LONG The price broke out from a strong structure zone rising in this way the chances for a bigger bullish move. The economic calendar is empty for today and it can spend some time in correction before the bullish move begins. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like...
USDJPY Update⚠️ Alert 🔍It seems like USDJPY is the move dancing with in channel recently busting out of a download trend! 🚀📈 As it nears the resistance zone the anticipation is palpable for a correction ⭐ but there the interesting part once this correction happens there a chance it might hit the midline of the channel 🎯⭐ That's like the rebound zone to the...
OANDA:XAUUSD on the background of weak dollar and favorable fundamental background realizes the accumulated potential after breaking through resistance. The price is testing the global resistance of 2431. The market is bullish again, which was supported by economic news, mainly related to inflation. Technically, the gold is again interested in strong buyers...