GBPJPY is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle. Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could be 195.800 followed by 198 What you...
Price action suggest a bullish view: - falling wedge pattern - successful demand zone test (4h) - demand zone test followed buy a break of previous high (---$$$---) - buying sentiment getting stronger Entry is identified by a green circle SL: 20-30 pips ; TP: 160260 pips
As expected, the last leg of correction in Bitcoin drove Pendle to the Fib it missed on the way up. Expect the remainder of this week to be a bit wobbly and unpredictable and then watch Pendle shoot for the moon in the months ahead!
Treasury bond TLT has been trading lower since the start of 2024, but after an impulsive rally at the end of 2023, we believe it's just making and finishing a deep A-B-C corrective decline. It's actually now coming into key strong support zone at 61,8% - 78,6% Fibo. retracement and channel support line, from where we should be aware of bounce, recovery and...
Typically, when you see moving averages get tighter and tighter together, there is a big move coming and its typically in the direction of the side that current prices action is on. This bunching of moving averages happens on many assets but for crypto, the moves that happen after are exponential. As an avid Cardano contributor and trader, here is what I am seeing...
Hello Traders, I am expecting a bullish trend on ZIL on price of 0.022, and breaking the weekly high of 0.045 enjoy trading
Multi-Timeframe Analysis on Hindustan Copper Short Term View: Daily Double Bottom BO done @ Daily timeframe for Target of 350. Just needs to sustain above 290 WCB. On the way, watchout for immediate resistances at 302, 310, 330 Medium Term View: Weekly Flag Pattern BO confirmed on Weekly timeframe. At the same time, it is facing resistance from previous...
In this GOLD/USD trading analysis, we delve into the market movements since 2020, focusing on the formation of a harmonics pattern and the confirmation of the previous low-loading region as support. Notably, the market surpassed resistance around $1500, signaling a significant bullish momentum. Further analysis of the daily timeframe reveals a trend of treating...
GRTUSDT 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 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
NASDAQ:AXSM - Has been showing strong upside movements with healthy corrections for a while now - Down about 28% from all-time-high now - Strong support levels down from the current price ~$70 - Overall doing great as a company - Take Profit ~$89 as it fills a gap, conservative estimate - Higher profit can be achieved in the long term - Stop loss slightly...
EURUSD 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 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new HH. What you guys think of this idea?
NASDAQ:LMB - Been bullish for a while - Showing support on a strong support level ~$40 - Down ~20% from all-time high - Company doing well generally - Take profit 1 ~$48 - Take profit 2 Open - Stop loss below Dec 2023 low of ~$37 I'll be going only with the $48 as I am not looking for a long-term investment *Not Financial Advice*
A good breakout with heavy volumes ND strong rsi was done in tata consumer. Buy it at 1191-1240 Target 1280 1470 Sl 1165 There is high possibility that 23% will be achieved with in 5-11 week
USDCDAD is a hard pair to expect its next move, but now we have this nicely respected up trendline. if we look at the trand line and put our fib tool we will see that we are near the trend an also near the fib 61% and 71% FIB levels. all we can do now is to wait for a bullish price action around our 2 point ( fib level, trendline ) and from there we can enter a...
RAYUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be...
AUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying. Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it. if this breakout happens the next optimum target will be 1.0810.
New week, same old opportunities.. Based on the chart, we are still in a bullish cycle, SOL has just completed a correction to complete wave 4, so from here we are expecting the price to go up, in order for wave 5 of wave 3 to be completed, then we will follow what the market price gives us. For now ride the wave to the ATHs.
I am a previously successful trader who has been out of the game for a few years but I am getting back in to pay off some short term debt and I need to generate some extra income to pay off this high amount of short term debt. I am choosing options again because that is where I was successful before. I turned $2k into $20k 5 years ago and I believe I still got it!...