Was waiting to see if the blue curve holds in this project in order to decide to post these simulated projections that take into account potential pivot points, reversals, or zones for support/resistance and BREAKOUTS... in either direction, even though I am slightly bullish biased on this one. I have this scenario in mind where this could find support...
Bank Nifty important levels and trade plan for Monday, 3rd June Resistance levels 49182, 49453, 49703 Support level 48967, 48721, 48486, 48315 Current trend- In daily time frame Continuation of an uptrend
Current Situation: IMX has experienced a sell-off this week but might be poised for a reversal. The current ENTRY box offers a favorable setup, incorporating multiple levels of confluence such as trend, 0.786 Fib, horizontal supports, and a reset Stochastic RSI on 12-hour and daily timeframes. Trade Strategy: Entry Point: Enter a long position within the $2.15 to...
Looks like Ethereum has more chances to test the following targets in 7 years Target1: 3230 Target2: 3800 Target3: 5120 Target4: 6240 Stop: 1375 Hope this will work, lets see
Intraday Update: USDCAD is at key support, a break of 1.3620 then 1.3580 today would be quite bearish the pair. CAD GDP and US PCE data on deck!
TMG have showed positive signals during the previous sets. So, we are waiting it to correct backward to the golden zone, to get long with a but entry. TP are marked with blue.
Observing the ongoing build-up on the Daily-timeframe graph, it could be inferred that the price has been developing for potentially upcoming bullish moves. Having spiked below the local key level and grabbed liquidity, we might imply that a bullish wave is ready to commence. Thus, having set buy positions with the stop-out order below the recent liquidity wick,...
On the 4-hour chart, GBPUSD has formed a potential head and shoulders top pattern in the short term. Currently, we can focus on the support near 1.268. If it falls below, it is expected to fall further, and the downside target is around 1.256.
Simple setup with some projected data points as price targets in time. If and only if at least 3 of them are hit, and maybe a wild card pivot point at any of the elements, preferably the pink rectangle, I would strongly suggest analyzing the potential for a bounce from the green rectangle zone in case another power wave forms that pushes the price higher. The idea...
the TOTAL crypto marketcap continue the upward movement after the breakout, we may see a move towards the all-time high resistance area soon,the overall market is bullish thank you
Originally I was thinking that we'd see a move to the $480 support after testing the highs, however, because we haven't fallen yet, the chart no longer supports that view. Instead, I think the most likely scenario is that we fall on or after Wednesday 5/29 back to the low $500 area, then we go back to test the highs at $530. The retest of $530, will setup the...
Hi everyone, Opened BTC UP position at 69100 price with 10x leverage on Fybit trading platform. Target at 72000, Stop loss at 65900. Position was opened on 4-hour timeframe. After rising to 72k Bitcoin price declined below 67k and after some consolidation started to rise again. On 4-hour timeframe on the chart higher lows formed which is signaling about...
Technical analysis of SPx The price dropped from its resistance line at 5320 and is now consolidating between 5266 and 5226. Today, we anticipate significant market volatility with the GDP results expected at 1.2%. The price will likely touch 5266 before dropping towards 5226. If the price stabilizes below 5226, it will support a further decline towards 5192,...
AUDCHF reached the lower boundary of the ascending channel. The price reached the support level coinciding with the 62% retracement level. We expect a rebound after a retest of the channel boundary. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
This is a follow up to my previous Dip-Buy plot (click). New all-time-highs but pulling back going into earnings. Supports below at $162.06 (minor) then $143.07 (major). If earnings are seen as positive, watch $192.77 for break. . Previous post that gave the dip buy...
Bitcoin seems to keep magnetizing to the range I have laid out in yellow. I noticed this when we first made our push and broke the previous ATH at 69k. So basically Bitcoin has been consolidating and trying to hover around this range--meaning that eventually it will turn that 69k range into a strong support. This is extremely bullish and could be validated by the...
CADJPY looks very strong, after a test of a key support. The price formed a double bottom pattern and broke its neckline. With a high probability, the market will reach 115.0 level soon. ❤️Please, support my work with like, thank you!❤️
Oil prices increased early on Thursday, recovering from a six-week low after a significant 3.6% fall the previous day, which was the lowest point since mid-March. This drop was attributed to an unexpected surge in U.S. stockpiles, indicating softer demand than anticipated. At the same time, market observers have pointed out that the Federal Reserve has kept...