GBPCHF is trading in a strong bullish trend on a daily. After the price updated a higher high, the market started a correctional movement. The pair is currently approaching a significant support cluster. I believe that probabilities are high that the next bullish wave will initiate from that. We can expect a growth at least to 1.16 ❤️Please, support my...
after good jump from 53.76%, we faced our big resistance which percent is 56.09% then we saw a good correction from what we bounced . here we are again at that strong support line which is 53.76% we have two scenario for future: 1.we break down that support line(53.76%) which can cause our btc dominance weakness 2. we break up that yellow range and start another...
GBPJPY closed this week, approaching the year's high. Because the trend is strongly bullish, probabilities will be high that the market will keep going higher. Next week, wait for a bullish breakout of the underlined blue area. A daily candle close above 200.75 will confirm the violation. A bullish continuation will be expected then. ❤️Please, support my...
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...
For those of you who understand candlestick patterns, this is not news to you. The weekly SPY is setting up an evening star formation. It's a bearish setup on a weekly chart. More importantly, it should be noted as a false breakout (if we close near current levels)
we are in the last hour of the btc triangle life, if we break above and close our 4H body candle, we will see a good bounce from here. for certain and better long we can Waite for grey line which price is 69375 to break and candle body close above. don't panic and stay calm till good break candle, then catch it up. good luck wolfies. #btc #bitcoin #pump...
Price hit my protective stop on Monday but respected structure, waited for proper pullback and a clear break of my AOi, now looking to take advantage of the move further Market Structure Bullish on HTF Weekly and Daily at the same AOi Weekly Rejection at AOi Daily Rejection at AOi Around Psychological Level 1.63500 H4 EMA Retest H4 Previous Structure Point H4...
Poor High has been swept at 71k level If we can't get above 68.5k, revisiting Poor Low is plausible around 66.2k to 66k area Revisiting Poor High/Low: Poor High: When a poor high is revisited, it usually indicates a potential for the price to break through that level and move higher, as the previous resistance was weak. Poor Low: Similarly, revisiting...
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,...
FFIE had an explosive move from about 0.50 to 4.00 before retracing down to the 1.10 range where it got support from the 0.786 Fibonacci level. That is to say it retraced beyond the typical 0.5 to 0.618 levels. The question now is can it move higher and will buyers pile into the stock at this relative discount. I think that they will. As a result, FFIE could...
Why I think a bullish reversal is coming: 1. Doji in a downtrend 2. Stoch <20 : extreme oversold 3. At major demand zone Risk reward is 1:6 Stop is below doji candle low
Observing the Monthly-timeframe movement on USD/CAD, it could be inferred that the price has rejected the upper barrier of the rectangular range as mapped on the graph and formulated a new top. From here, in the upcoming long run, we are anticipating for the price to keep declining and, eventually, reach the lower boundary of the channel as indicated on the graph.
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...
Nifty has entered Important support zone. This zone extends from 22495 to 22386. Today's low of 22417 is also a very important level below which we will have only the support level of 22386 which is the 50 days EMA. Below 22386 bears will try their best to drag the Index to the levels of 21712 or even 21208. (This looks improbable as of now but you never know)....
BSE, one of the leading stock exchanges in India, is showing technical indicators that suggest a potential swing trading opportunity. Reasons are listed below : Strong Support Zone at 2600 : The 2600 level has proven to be a robust support zone, indicating significant buying interest and a strong base for a potential price rebound. Bullish Marubozu Candle :...
Last week was marked with indecision. Market was moving in a narrow range while Buyers were waiting for FOMC ad NVDIA’s earnings. After receiving positive confirmation (FOMC neutral, earnings good) market tried to go higher but found no support from large players. Sellers took advantage of the weakness and dropped price, clearing many weak longs established in the...
Bitcoin currently rangebound with areas of importance being: $70,687.56 Buystop Liquidity $66,312.16 Sellstop Liquidity Macro: $59,005 - $72,797
Areas Of Importance: $2,450.10 All-Time Highs $2,277.37 Dealing Range Lows