USDJPY has recognized a crucial support level. A bullish channel is evident, with the upper boundary now functioning as a resistance. Anticipating a bearish reversal, the expectation is for a potential decline towards the lower boundary. The highlighted resistance zone has proven to be a significant sell area based on past price action.
Bitcoin has established an upward-trending channel, indicating bullish momentum. However, there is potential for a reversal as the upper boundary of the channel could serve as a resistance on the daily timeframe. The anticipated pullback is expected to test levels in proximity to $30,000.
AUDCAD has recently experienced a bullish surge, confirming a breakout on the daily timeframe. Currently, the price is poised to retest a previously identified support level before potentially resuming its upward momentum. Should the ensuing pullback exhibit healthy price action in line with the bullish forecast, there is anticipation of a reversal near the...
We've identified a robust bearish channel on the weekly timeframe, pinpointing a reversal at a significant support level. Despite recent bullish attempts, the price couldn't breach the upper boundary and the established key level, leading to a reversal back towards the support. To anticipate a substantial bullish reversal and a potential rally, confirmation is...
GBPNZD created a rising wedge pattern under the hourly timeframe where we now witness a bearish breakout on the lower boundary. Here we expect a correction leg to form up and retrace back towards 38% on the fibonacci with the current bullish trend.
DXY confirmed a breakout on the trend line formed and yet after some consolidation we have seen the DXY created a head and shoulder pattern for a potential bearish perspective. Here we witnessed a breakout on the neckline after completing the right shoulder of the structure. Now we expect a potential downside momentum with the confirmation towards the 104.430 to...
GBPAUD created a cup and handle pattern where it should look for a correction leg. We have noticed the bearish trend picked up formed with an ABC pattern showing a trend breakout over the recent bullish reversal taken place. Looking for a decent 100-200 Pips worth of profits.
AUDCAD has established a descending wedge pattern, suggesting a potential breakthrough in the existing bearish trend. Upon confirmation of the breakout, there is potential for a bullish reversal, leading to a rally with targets at the 0.88 and 0.91 levels.
KEYUSDT showed a nice bullish setup followed up with the inverted head and shoulder pattern where now we see a possible selling on the major hourly resistance. Here we expect a correction leg to be printed with the breakout on the channel and as well as the selling identified on the resistance highlighted. The retracement expected can be extended towards the key...
Bitcoin has confirmed a breakout recently on the trend line picked up. We have seen a reversal back towards the FWB:27K has taken to accumulate more buying pressure. We expect the price to ladder up steadily above the levels and also looking towards a target close to the major resistance formed on the top.
Nas100 created an inverted head and shoulder pattern on the major key level formed close to 14500 where we must wait for the confirmation of a breakout in order to enter our short positions. Here we may see a nice bearish trend followed back towards the bottom key supported area held at 13500.
GOLD has significantly rallied above 1980 recently after a massive sell off seen last week. The gold showed up an expanding channel breakout recenly and here we see a possible sell zone over the current market price levels which cause gold to dump and experience severe damage to its price. Here we expect a reversal on the resistance formed in order to retrace back...
CADJPY has followed up back towards an important daily resistance formed. Here we see the price failed to break and continue the bullish sentiment above the level highlighted where the price is showing a fakeout. However the price has got back inside the resistance which is now expect to show a selling pressure considering the resistance level formed.
BTC has done a ABCD pattern breakout where now the price created a clean bearish pennant which can cause huge bearish impact with a possible bearish breakout on the pennant formed. Here we expect the price of BTC to fall down towards the highlighted supported which is held close to $26k Next.
LTCUSDT created an bearish pennant followed by the bearish trend formed. Here we see a breakout and pullback on the key level where it still remains under the bearish pressure which is expected to revisit back on the highlighted support on the bottom.
MKRUSDT has created an interesting structure, where the price shows a falling wedge pattern on the hourly timeframe. Here we see a breakout confirmation needed where we expect a possible rally towards the recent high formed close to 1570
NFLX confirmed a bearish breakout on the lower boundary formed over the expanding channel. Here we expect the price to continue the bearish sentiment to the downside towards the picked up key support level on the bottom close to $275.
AMZN confirms a bearish breakout on the bullish channel formed. Here we see the price respected the major resistance and followed up a bearish sentiment which has caused the price to show up a breakout on the structure formed. We expect a decent price decline back towards the daily support created on the bottom.
