Hello Traders , price touched the rising trendline that touched also 0.61 fibo the rising trendline is still working, with we have a bullish triangle the price within it , expect continue rising to arrive first resistance at 105.560 when broken it will arrive to 109.770 in the long term differs scenario if a price broken support at 103.100 if this analysis...
- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment. - We are currently in the huge impulse wave 3, subwave 4. - If we take a look at the volume , pretty much no one is selling, which is a good sign. - 200 weekly moving average is considered as a massive support by big instituions...
- It is a common thing to test the previous all time high (in this case from 2018) on the weekly chart. - Last weekly candle has a huge wick, which is definitely a good sign for all bulls! - 200 moving average is a strong support and the price is currently sitting on this level, which provides us with a good buying opportunity. - 0.382 FIB retracement is also a...
2 Rules for Trendline: 1. Identify the significant lows. At least three points 2. Find the best fit among the significant lows We can apply the 2 points to a down trendline analysis as well. Looking-out for the significant highs instead. Gold started its rally after year 2000. We could see it started forming its primary trendline since 2006. Primary...
OANDA:NAS100USD A break of structure and retest at a key level of support on Nas100 is a good setup for a going long
Discussion: 1. 2 rules to draw an uptrend line 2. Primary uptrend line 3. Secondary uptrend line 4. Time for buy Gold? Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and...
Quick trading set-up is identified here on the 1 hour time frame as the appearance of a reversal pattern sitting right on a new bullish trendline. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all...
Making complicated analysis does not make anyone a genius ! Sometime simplest analysis works the best ! This type of publications is not my ideal and usual one but everybody knows that following the trend is the base stone of every trade ! If we can not detect the direction of the market correctly we have no way but embracing painful losses !. LINK, when we...
Price is currently sitting on both a bullish trendline and a strong demand zone that has held price "supported" since February 2022. Are we going to witness a breakdown or trend continuation in the next couple of days? What do you think? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk...
Long position established on the NZDUSD 4H Price has recently made new highs Bullish trendline touched and held +3x Retracement to the 50% Fibonacci level Price held at an area of previous structure support MACD signal line just about made a new high relative to the most recent push higher by price Bullish pin bar held at the 50% retracement followed by a...
Here I have my next idea. XLM! This is a long term idea. To start :] we have a higher lows uptrend. Will it continue upwards momentum? I drew out all the main resistances and support lines. I believe certain altcoins are completing a cup and handle on the monthly and weekly charts. XLM should hit the target around $4.00. I believe that the appreciation...
stock - WIPRO this stock is going to breakout it has crossed his resistance area and now this stock is going to give breakout try to grab this stock and earn high returns good swing trade 😀
If the 1.1020 resistance failed to push the price back inside the triangle. EUR/USD bullish break out is a possibility, and it worth anticipating for!
good morning guys tata consumer share you can consider it for buying given breakout and broke it's resistance area long but can give u good returns fundamentally company is well established and good reputation in the market 😀
Hello Traders I think there is good support 1.090 and start of Bullish volume come out as a sign we move up the next target 1.94 hope you enjoy your trading time Thanks
Technical analysis on the pair AUDJPY If we look at the H1 or one-hour timeframe, it can be seen that the AUDJP has penetrated the strong resistance area at the price of 83,839. This indicates that AUDJPY will continue its rise until it reaches the highest resistance are ever reached on Oct 21, 2021, but we need to analyze all of that fundamentally and keep an...
BTC inside a rising channel, expecting a bounce on support zone to follow the growth.
BTC is on top of the rising channel ! If bulls take control it will break channel and retest another resistance level ($53,500) If bears take control we might see another retest on the bottom channel ($39,000) Where NEXT ?