There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. In the 2-hour timeframe, Bitcoin is trying to stabilize above the 2-hour and 4-hour middle Bollinger lines. The $69,500 level is an important resistance in front of Bitcoin, if Bitcoin fails to pass this resistance, a head-and-shoulders pattern scenario is likely. Otherwise, above the $69,000 level,...
Detailed trading plan for USDJPY. Price action analysis & key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Reversal head & shoulders! time to go up!
Potential Head and shoulders developing on the Daily chart for USDJPY. Expecting move to $140 if Japan hints a move away from negative rates.
Forming a H&S pattern on the 1H on SHIB. Potentially it can bring a very decent trade in the next few days. I've been observing how often it plays out and it has a decent risk to reward ratio. BINANCE:1000SHIBUSDT.P
Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)
With this slight pre halving dip. And look at this chart it has formed vs #Bitcoin Using our log based target for #BTC of $143.9k We can project how high #SOL COULD possibly go. Similar patterns have formed v ETH & USD has already highlighted. ***** ----------------- ********* These are just mere mental frameworks of a POTENTIAL price roadmap. Imagine...
Sell Below 356 Target mentioned in the chart Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year...
What's up TradingView Fam! This time I'm giving you a coin that hasn't moved for a while but an incoming up move is in the works. We can clearly see several hints put together giving that confluence we need ! 1) Coin is at Monthly Support Key Level 2) It has been in consolidation for a long period of time hinting a probably accumulation bound to break out...
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of that, price has not really broken this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this...
AUDUSD is looking bullish Trend is retesting the broken neckline of the Inverse H&S RBA Interest Rate Decision is another factor -- 19 March 2024 Fed Interest Rate Decision is also another factor this week -- 20 March 2024 Expect the market to be super volatile this week
GBP/NZD is currently at a very strong resistance zone between 2.09700 and 2.1000. At the same time, it's a rebound zone with a 61% Fibonacci level from the highest peak to the latest low. It has attempted to break through several times but hasn't succeeded so far. I expect it not to break this zone and to descend again to the support zones below at 2.06400 and...
We can see a clear H&D in H1 and if it'll break neckline and close below that, we can going for #short position.
NASDAQ:QQQ has shaped Head-and-Shoulders formation on the daily chart. Daily downtrend confirmed, weekly consolidation has started. Please note that broad SP500 market is still technically in an uptrend, meaning that buyers are still strong. So if you plan entering SHORT on QQQ I would wait for a pullback to increase risk-reward. An example of possible trade is...
If we can envision a Inverse Head and shoulders forming. With a horizontal neckline coming in at around $47.5-48k It gives us a LOG projection north of $140k Draw it out yourself and see :) A linear target would be much more subdued and give us a $80k target And trap people below that magical figure for close to a decade , if u tack on a bear market that...
Sorry I didn't bring it to your attention sooner BUT nice breakout and retest of the neckline I expect the Log target to be met with GUSTO!
Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)