Price bottomed out mid-September and has been trading in a consolidation since August. After the initial break in the beginning of October, price entered another range (small pullback). I'm currently seeing an upside breakout coming out of an accumulation. This is an indication that there is a good swing trade opportunity here.
Price made the original high on September 27th. A few days later, a retest of the high occurred on October 3rd. After today's New York close, price continues to push to the downside. As long as price holds below the labelled neckline at 0.91492, I believe we can expect a bearish outlook.
Over the past few hours, Bitcoin has held the 61.80% retracement level of $27 374 within the turquoise target zone (coordinates: $28 157 & $25 590), and has even managed to bounce slightly higher from it. Accordingly, our primary count remains fully intact and we continue to assume that the cryptocurrency is currently working on the sub-waves of the turquoise wave...
The EUR/USD currency pair is currently in a downtrend on all three timeframes (30-min, 4-hour, and daily). On the 30-minute chart, the pair is trading below its 200-period moving average, which is a bearish signal. The pair is also trading below a descending trendline, which provides further resistance. On the 4-hour chart, the EUR/USD currency pair is also...
We have seen that the price has been going down continuously for the last several days, and yesterday gold reached $1820.00, which has pulled back a bit and is running up to $1826.00. Our resistance is 1830 if it crosses it next. Our resistance is 1835; we expect gold to bounce back from 1835 and come down; and our target is $1816, $1809, and $1790.00. Apart...
Hello traders, we want to check the EURAUD chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price. If the price falls, our first target will be the price of 1.64700. Good luck.
Here we have Dell Technologies Inc. (DELL) I am looking for shorting opportunities here within the next few weeks as you can see on the chart we are overextended from the upper band on the Bollinger Band. We are also overbought on the RSI. We are starting for form a bearish Heikin Ashi candlestick as well. I would target the recent resistance which the the red...
I thought it was time to make a long-term chart, with all these wrong charts going around, hehe. I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue to grow exponentially. This would lead to insane prices of many millions in 2025. I am a long-term...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we were looking for buy setups around the lower bound of red and orange channels. Now EURAUD is approaching the upper bound of the red channel. Moreover, the zone 1.665 is a strong resistance. 🏹 So the highlighted red circle is a strong area to...
Hello everyone, We hope you guys are having a great weekend. We have seen over the past several days that gold has been consistently down since 1947, when it was back, and has been consistently down, never going up. When the market closed on Friday, gold was running at 1848, while 1846 is a very strong support. We think that gold will pull back from here and...
NZD/CHF Below in the updates I will break down my analysis of NZD/CHF and how I use Multi-time frame analysis to confidently and healthily create a bias and build a story that lead to short term and long term (and non-objective) trade setups. Further detailed analysis and charts below Happy Trading! - FourXtrader
The most important factor for the economy is the behaviour of GDP. Several economic indicators are tracked to determine the overall economic situation and GDP growth. A technical recession is defined as 2 consecutive quarters of negative real GDP. If GDP grows less than 3% on average for the year, the economy is not growing fast enough and this will lead to...
hello all My plan is to buy copper until the resistance level is reached. *I have no intention of using my trading approach as a signal. I'm practicing my trading strategies, learning about market dynamics, and figuring out the best way to enter the market in the right direction.
Hello everyone, I invite you to review the ETH pair to USDT chart, also on a one-day time frame. First of all, we can use the blue lines to mark the downward trend channel in which the price has been moving for a long time, while locally, using the yellow line we can mark the downward trend lines from which the price has gone up, but here you can see that after...
Hello everyone, I invite you to review the current situation of BTC in the USDT pair, taking into account the one-day time frame. First, we will use the yellow line to mark the downward trend line and, as we can see, the price has moved upwards from this line, and we can also see that in the same place the price has broken the blue EMA Cross 200 line, which...
Now the price is coming back to retest the line in the pattern, and then it starts going up. It will be very difficult to break through the area (29,000 - 30,000), and from this area the decline will begin again.
✅EUR_USD has made a Rebound from the support of 1.05 Just as I predicted in my Previous analysis and I am Now locally bullish biased And I think that we will See a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GOLD is quite volatile now So any trade in any direction Will be risky, however, for Those still willing to trade Here are my thoughts: GOLD broke the key horizontal Level of 1859$ while trading in a Downtrend so after the pullback And retest we can be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out...