DOGEUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target...
In the 4-hour period, it is moving in an ascending channel, which can correct its previous wave up to 61.8 and then enter the correction phase of its previous wave. Therefore, if there is a reaction in the specified limits by forming a negative divergence in the macd oscillator, the return wave can continue up to the green box range. In addition, the return wave...
Using chart patterns in analysis, its a clear bullish movementt/rally up till the 2040's and could create an uptrust after distribution clearing to the 2052-2055 range before a retracement is expected and then we hedge bullish again with the market.
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Hello traders, I would like to see EU push higher from here and disrespect the FVG and then treat it as an iFVG to send the price higher, I'm not planning to enter until I see a clear push up and then wait for a retracement to get in sync with the momentum and target the ERl .
MAVUSDT 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 very healthy 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?
Hey traders, I anticipate upward movement in the EU for the upcoming week. I plan to enter after another Market Structure Shift (MSS) due to the indecisive daily candle we had last friday, seeking additional confirmation. If the price takes the stop hunt indicated on the chart, I'll hold off on the EU trade, allowing more time for a setup before considering any...
In the continuation of the previous analysis, it can be seen that gold should probably finish the lower cycle of wave 3 of 3 in the current area, and then wave 4 will have a smaller correction, and finally wave 5 will continue up to the 2.618 Fibonacci area or to the ceiling of the previous channel. to have Note that the higher cycle of wave 4 correction should...
in here gold need to reach 2009/10 level first.then we are creating a good game plan for gold because the trading plan is important to the day trading. Let's begin:
1.In here i expect gold hit 2009/10 and do a big down with a high volume.the correction which is bigger than the move will move the pair down and turn bullish to bearish.
this is my wrost case one...
When price is rejected at the resistance level multiple times and when price finally manages to breakout the resistance is one of the best opportunity for the LONG trade (Vice versa for short trade)
In the above chart of KASPA is one of the best example showing this behaviour.
KASPA price got rejected more than 4 times because of strong resistance and once the...
On 1H TF
SEI is on support zone that is buying zone with low risk and high return.
With this case, I put stop-loss below 0.14
I think SEI will come back return soon because selling pressure weaken and low volume.
Wait for next move
On 4H TF
World Coin is happening a pullback to 1.67 - 1.57
BINANCE:WLDUSDT has Golden Ratio and Fibo Clusters at the same zone. Besides, I found the Fair Value Gap around 1.57 that is also a good zone for supporting.
Wait for next move
Hello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
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