Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
Hello Everyone, The NZD/USD pair has kicked off with a strong bullish momentum, and what holds significance at this point is maintaining a consistent position above 0.595358. Presently, we're holding steady above the weekly pivot point, signaling positive prospects ahead. Expect further bullish momentum to unfold! TradeWithTheTrend3344
I call this art. No ideas just purely observations COINBASE:BTCUSD
Technical analysis of EURUSD ahead of important US Fundamentals. Price action, key levels analysis. Potential scenarios. Trading recommendations. ❤️Please, support my work with like, thank you!❤️
🏃♂️ EURUSD is moving in the 🟢 Support zone($1.0695-$1.0626) 🟢, but I expect it to be broken based on the explanation below 👇. 🌊According to the theory of Elliot waves , EURUSD seems to have completed the Double Three Correction(WXY ) in the 🟢 Support zone($1.0695-$1.0626) 🟢. 📈Regarding Classic Technical Analysis , EURUSD has successfully formed an ...
Hello Everyone, The long-term outlook for XAU/USD suggests it remains a favorable buy. As expected, there has been a recent downturn in price. If the daily support level fails to hold, we may observe further declines. Despite this, the overall sentiment remains bullish for XAU/USD. Notably, there appears to be strong support around the 2300 mark at present. ...
Sell from a pivot point confirmation? 3rd touch
This looks like the most interesting long setup in crypto mining should the opportunity present itself. In the short term, I think price will likely continue up into the $1400-1500 range. If price can't break through that level, I think it'll be a great short. If you look at the correction so far, we've only had 2 legs down, I think the 3rd is yet to come which...
CRYPTOCAP:BTC has formed a rising wedge that it broke down from. What would make the most sense to me here is for BTC to test the top of the rising wedge to confirm resistance and then to break down to the lower support levels between $58k-60k. After that I think we'll then go up to test the top of the range between $76k-78k (which I believe will be the final...
Hello Everyone, The EUR/USD appears to be gaining momentum, with the weekly pivot point (PP) serving as a support level, along with the daily PP. To validate further upward movement, it's crucial to maintain a consistent position above the daily PP. However, it's important to exercise caution, as transitions in trends can be turbulent. Hence, it's recommended to...
Bitcoin’s 200-period four-hour SMA has been a major support in the bull run of BTC since the lows of 2022. Only during the largest corrections has the price traded below this indicator. With the latest correction from the fifth wave, the support failed and it has since acted as a resistance. In the last day, the line has prevented further gains past 67,200...
OXY had a doji reversal candle on the weekly with a body pretty close to the center, not tremendously bearish long term but definitely made sense for a pullback. There is a ton of historical price action here and I expect a bounce and continuation around this level. My target for the year of 74+ dollars remains. -I did sell 66% of my 70$ Jan 2025 calls on the...
NEAR/USDT has been experiencing a significant uptrend over the past few weeks, but recent price action suggests a potential reversal might be on the horizon. A key support level has emerged, and a breakdown below this level could signal further downside momentum. A breakdown below this level could unleash additional downside potential, offering short trading...
Hello Everyone, XAG/USD is exhibiting bullish momentum at the moment, with the 1-day support holding firm and the price positioned above the 1-day resistance, indicating positive prospects. The next favorable development to watch for is the 27.416 1-day strong resistance transitioning into a supportive role. TradeWithTheTrend3344
We on Monthly and H4 FIBZONE(50-61.8) which is key reversal areas.
📊Analysis by AhmadArz: 🔍Entry: 38.86 🛑Stop Loss: 42.68 🎯Take Profit: 36 -32.91 -30.35 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Hello Everyone, The USD/CHF has hit a peak, and the long-term outlook for this pair suggests a bearish trend, potentially leading towards the 1-year support level. To validate this bearish momentum, we require a sustained position below the 1-day pivot point (PP), and eventually, the same confirmation below the 1-week PP. While this projection seems solid, its...