Hey Traders, in the coming week we are monitoring USOIL for a buying opportunity around 78.70 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 78.70 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.82600 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82600 support and resistance area. We would also like to consider the current bullish bias on indices and the bearish USD, these factors are positive...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85500 support and resistance area. Trade safe, Joe.
Hello,Friends! We are targeting the 1.376 level area with our long trade on USD/CAD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. β LIKE AND COMMENT MY IDEASβ
Litecoin is slowly trending upward since the bottom of the bear market. I am watching this as in reminds me of the price action in the previous cycle. I think it could be a good trade at some point because the market will start looking for unpumped coins. I highly doubt the crypto bull market starts and ends without a litecoin run. Dino coins usually do make for...
Silver is breaking out its long term consolidation and triggering a bullish reversed Head & Shoulder pattern with a target in the $42.50 area. Next resistances at the all time high near $50 then the line linking the top of the channel near $53. A break below $23.50 would invalidate this view. ________________ With gold and copper making all time highs, the...
This monthly chart of the Golbal X Silver Miners looks bullish. After a decade of pullback and consolidations, silver miners seem ready to rise. We like the recent increase in volume and the bullish structure on the MACD. A break above $39 would exit the downtrend line linking the tops and would confirm the exit of this long wedge. Next resistances at $53then...
Tesla seems to have completed its corrective wave (2) and to have started its wave (3) with a short term target in the $235 area. A break above $235 would validate the exit of the large triangle formation and opens further up moves towards the all time high. On the opposite side, a break below $160 would invalidate this view. ------ It's recent partnership...
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2370 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2370 support and resistance area. we would also like to consider the current bearish momentum on DXY, the recent CPI data made DXY drop as CPI didn't...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60400 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Hey Traders, above is a technical overview on GBPUSD and the most important demand zone to watch, GBPUSD was trading in a downtrend but successfully managed to break it out following the recent soft CPI data, so in today's trading session our direction have changed and we will be mostly focusing on potential upsides. the first zone we will be watching is 1.26300...
Hello,Friends! We are now examining the CHF/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 171.852 level. β LIKE AND COMMENT MY IDEASβ
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66250 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66250 support and resistance area. Trade safe, Joe.
Bullish pennant on BINANCE:BNBUSDT Not Financial Advice Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib) We are very close to the pennant's convergence, so a breakout should be imminent. Watch for a breakout of the resistance trendline (solid orange), as...
My research continues to support more Bullish trending for the SPY and other US major indexes. I keep seeing others propose a market crash scenario - week after week... after week. I certainly hope you were not following their suggestions too closely - because the SPY has rallied more than 7% from the recent lows. That's a lot of losses piling up for anyone...
Using a bull bear power indicator as stock script I changed the settings to volume and found the following to be true: BTC is only now reaching green levels of Bullish buying power. Interesting. I've done this for myself and the people that read this who are in distant lands and not of the caliber to be heard. #notadeadend
Yet again, we can see GME has formed another massive bullish falling wedge/flag on the 15. A breakout out of this flag should bring a $25 to $50 gap up within the next 10 to 14 days. Stay tuned.
ππ EURCHF Update! π π Here's a deeper dive into the current situation: EURCHF has been consolidating around a key horizontal level, indicating a potential reversal point. π The formation of a bullish pattern π suggests that buyers might be gaining control, especially after a successful test of this level. π The crucial signal to watch for is a daily candle close...