USDCHF breaks trend support and below forms another barrier. Consolidation and another retest of the lower line is forming, which may lead to a breakout and price decline to 0.90910 or 0.90225 TA on the high tamframe: 1) A retest of the 0.91202 level is forming after 3 months. There is not much chance that price will break this area on the first try 2) The...
Bitcoin will hit 39k this year in December 2023, according to my technical analysis and calculations. This new analysis is on the 12h chart and shows very important technical data! First, we need to consider the major yellow descending trendline. This trendline has been destroyed by the bulls, and we also had a successful retest of it! This is your chance to...
Despite a difficult last 2 months when both SPX and NDX have formed a potentially bearish Head and Shoulders formation, both are still holding at their respective necklines so far. Upon zooming out, we could also see that SPX is still trading within its rising channel that was formed since the start of its bull run from Oct 2022. what transpired so far was a...
USDJPY continues to go to its target. The market is interested in the mark of 151.95. Against the background of a strong trend, we should look for either support levels and buy on the bounce, or resistance levels and buy on the breakout. TA on the high timeframe: 1) Strong pattern on d1. V-turn pattern. Price is breaking through the base, which is a strong medium...
Is USDCHF exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.9160 followed by 0.9094. What you guys think of it
Bitcoin continues to rally from the bottom of 24920 to 27137 and is heading towards 28650! This is going to happen; the bull market is absolutely awesome, and profits are huge! If you are following me, I have been bullish almost from the bottom of the last big dump while the majority is still shorting Bitcoin on futures, which can also be seen in the negative...
AUDCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.600.
FX:GBPJPY is forming a false breakdown of the support at 181.96. On the background of strengthening of the main currency we see active growth of the pair. A false breakout is formed on the chart with the subsequent price growth towards the key resistance, which is the lower boundary of the ascending price channel. If the price after the next retest can return...
Hello Everyone 🙋🏽♂️ As we could see at the end of the Ascending channel, we had a breakout from the price 1.08406 till the lowest low 0.08150 we are just waiting to a retest that price to the best entry of going down. Our recommendation for the take profit and Stop loss 🟢 TP 1.07700 🟢 TP 1.07370 🟢 TP 1.07000 🔴 SL 1.08500 We are not responsible of any losses...
EURGBP was trading in bullish parallel channel till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the ascending channel. Now the price is retesting the broken channel and broken support level. which is also the 50% fib retracement level. it seems like the sellers can attack again this bearish...
AUDJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 96.
CADJPY is forming an uptrend. On the background of this movement, the market forms a support retest, it seems to be predictable, but the situation may get out of control, as a decrease in volatility is formed. TA on the high timeframe: 1) The market is at its maximum values. A small correction may form before further gains are made 2) The liquidity area that MM...
SOLUSDT was trading in bullish parallel channel till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the ascending channel. Now the price is retesting the broken channel and broken support level. which is also the 50% fib retracement level. it seems like the sellers can attack again this bearish...
FX:USDCAD is forming a support retest amid the strengthening of the dollar index. A break of the local resistance, against the background of the uptrend, will give us an excellent bullish potential. The market is preparing to rise further. We have an uptrend and support from the strengthening of the dollar index. On the back of positive fundamental data, the ...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
LINKUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 7.5.
Is DXY exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at daily time frame resistance level, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 105.20. What you guys think of it ?
AUDJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be back to highs.