I see a nice double top pattern that is formed within a key horizontal resistance on a 4H time frame. The price formed a high momentum bearish candle after the release of the jobs' data yesterday. I believe that we can expect a bearish continuation today. Goals: 1.25815 / 1.25425 ❤️Please, support my work with like, thank you!❤️
Good evening everyone! It seems that AUDUSD has completed its head and shoulders pattern on the daily time-frame. If price continues down (as the pattern suggests), then the next major support area is .6285 - .6270 followed by .6170 (not shown), which is also the measured H&S target. Enjoy the last trading day of the week and have a great weekend.
I had been waiting for this trade for a very long time, and now I am finally beginning to realize that I am heading in the right direction. On time frames such as fifteen minutes, thirty minutes, one hour, and four hours, we have a change of character on the market, which is mean. On a daily basis, he makes a wonderful pullback, and it is now time to go back in...
Nifty found rejection again from the same resistance zone described in Yesterday's idea linked to this message. Nifty Now rests near important support zone consisting of a trendline support, mid channel support and 200 hours EMA support the father line. All these are in the range between 21669 and 21600. Closing below 21600 has potential to awake the bears and...
This Is Beautiful. this is how i do my analysis, you do technical analysis in do mechanical analysis
Looking for price to drop to the breaker block or further more to the demand zone to activate buyers and hike all the way up to the buy side liquidity...
$SHIDO is nearing the end of an accumulation phase that has lasted for about two weeks after a selloff at 175m FDMC. This was a natural result of more than 20x gains from early November to mid January. Currently holding between 100m and 115m FDMC, it has been ranging in this area after a 61.8% retracement. This support level is in line with fundamental aspects...
COQ displays the famous 3 white shoulders pattern which is usually the start to a bullish run, memes are hard to track but I do expect this thing to run. My two short-term price targets are noted. I have not sold any since my entry as I want to give this narrative an opportunity to run. With memes I never enter large positions and I always sell half at a 10x no...
The stock is in consolidation since Sep 2023, looks poised to break out of the 4 month old consolidation. One may enter and look for, Target 1 - 129 Target 2 - 133 Target 3 - 140 Target 4 - 150-154
A head and shoulders pattern has emerged on JSE:FSR and with yesterday's price action we saw a break through the neckline. With this trade we are looking at a target around the 58.60 level.
LONG THEN SHORT. USD/JPY is making lower lows and lower highs. There is a FVG @147.600 area that will most likely get filled with heavy resistance right above where I am expecting price to drop and take out the low.
All higher timeframes are Bullish meaning I'm trading against the current. Although I saw the Daily range come into an area of resistance. and went down quickly after. Next I saw price retrace. why was that? because It has created an Order Block so I wanted to see price retrace towards that, which happened yesterday. Now It mitigated, I dropped to the 15M...
I believe we are in clear "overbought" territory. I really hate that term but it does have some merit. I like the 16000 area to the short side. Just recently had a new high, 18k is approaching; lots of reasons for a pullback here. I will start accumulating positions now for the move
I expect a bearish movement from intraday horizontal resistance on EURUSD. I see a nice double top with strong rejections and confirmed neckline breakout. I expect a bearish movement at least to 1.0763 ❤️Please, support my work with like, thank you!❤️
↪️Did you notice the significant head and shoulders pattern on the daily chart of 📉AUDUSD? Following recent fundamental events, the price successfully broke below its neckline and closed below it. It is highly likely that the market will continue to decline towards the next support level.
📈The DXY is currently trading in a long-term upward trend. Following a period of consolidation within a horizontal range, the market exceeded its resistance level on a daily basis and reached a new higher high. The previously broken structure has now become a robust support level, and the market is presently undergoing a retest of this level. A bullish movement...
Chainlink bounced off the top of the Resistance Zone at $20.00 and is threatening to break out. Is this a situation that calls for a long or a short? How do we trade this? 🤔 Never long in a Resistance Zone! But also, don't short prematurely. I believe LINK will make an attempt to break out of the Resistance Zone, but we need confirmation of the break before we...
#BTC Mirror level 44437 LONG 1. Small bar approach 2. Consolidation along the level with compression 3. Near retest 4. Accumulation