FX:XAUUSD is trading in the range of 2335-2397. Bulls are trying to keep the price from falling, countering the market in the 2330-2340 area. A rebound may reach local liquidity zones. At the moment the market is bearish but also volatile. Any news could have a strong impact on the dolar and gold. In the mid-term, since after a false break of support a...
I don't think It will give you a chance to buy in a big retracement. It doesn't look like touch the low again and check the support(Yellow line) so you can set buy on here and set a stop-loss appropriately. Trend is so bullish that it will touch weekly resistance zone. There is a difference from other altcoins.
Hello,Traders! USD-CAD is going down Now but the pair will soon Hit a strong horizontal Support level of 1.3598 From where we will Be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
A minor Elliot Wave finishes. Waiting for bearish E.W. to form. Awaiting retest on boxes. USD will weak it's power so USDCAD will probably show strong bullish movement.
Analysis on ETHFI (2H) suggests that it will probably drop to lower levels according to one of the indicated paths. Tight SL: 5.23 (Entry: 4.99 - 5.2) Wide SL: 5.47 (Entry: 4.99 - 5.4) TPs: 4.75 - 4.45 - 4.11 - 3.82
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 3,752.5. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
Dear colleagues, I think that the price has either already completed or is about to complete the impulsive movement in wave “1”, so I expect the beginning of correction at least to the area of 38.2% Fibonacci level 5205. It is quite possible that the price will update the high and reach the area of 5375 before starting the correction. Manage your capital...
In 4 Hours Time Frame : (1) Trend Line Break Out ......... (2) Last retracement is .68 fib level.... (3) Form A Cup and Handle Pattern......
Hi fellow traders, AUDUSD is ready to make a move higher from the blue box after completing the correction. Target the 0.6751 level and move your stoploss to break even as soon as we reach the ‘Risk free zone’. Good luck and trade safe!
Hello,Friends! GBP/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
Coinbase Global (COIN) broke out of its parallel channel and did a retest on it, opening the way to its next move. - The chart retested previous resistance that became support. - On the 3-line indicator, the mid-trend line (blue) is crossing above the long trend line (green), which has always been a bullish signal. - The RSI is breaking out to the upside of...
BUY ABOVE - 49480 SL - 49290 TARGETS - 49670,49850,50000 SELL BELOW - 49290 SL - 49480 TARGETS - 49050,48800,48620 NO TRADE ZONE - 49050 to 49670 Previous Day High - 49670 Previous Day Low - 49050 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
If GBPUSD holds above the 1.2700 area, more growth is expected From our previous analysis, the price went up well and the bullish wave was almost 260 pips. So far GBPUSD is pausing before the uptrend resumes again. After the price broke out from a strong area above 1.2700 it looks like the bulls are still holding strong. Chances are higher that if the bulls...
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S&P500 index recently updated the all-time high. After a violation, the previous ATH turned into support. The market retested that and positively reacted. I believe that a bullish trend will continue. The market may keep growing to 5380. ❤️Please, support my work with like, thank you!❤️