Channel - There’s a clear uptrend channel. Symmetrical projection: An uptrend N pattern - By projecting a 100% symmetry projection of the initial swing from point A to B, and extending it from point C. - As the expected symmetric pullback to E did not occur, I anticipate a further 100% extension from D to F ($16733). The target price level aligns with the...
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURONEXT:AAVE has caught our attention with a compelling price pattern - a triple bottom formation within a downsloping channel. 📉⚖️ This setup presents an intriguing opportunity for traders! The triple bottom, characterized by three distinct lows, suggests a potential bullish reversal. Combined with the downsloping channel, it adds an interesting dynamic to the...
1H - Currently, the BTC is very bullish, so it cannot go down much and is taking a side step instead of adjusting. We've faced short-term downward trendline resistance, and we'll probably go down a little and then break through again.
Hey traders! Today, I want to discuss an intriguing chart pattern I've identified on NYSE:AXS (Axie Infinity). Let's explore the downsloping channel accompanied by weekly bullish divergence and assess its implications for potential price action. 📊💡 Pattern: Downward Channel & Weekly Bullish Divergence 📉🔽 Symbol: NYSE:AXS 💰 Overview: A downsloping channel is...
Hello, my dear friends, as in the previous tutorials about channel strategy and moving average. at this point of time is $1,914 per ounce of gold, and as you can see in the chart, in the area of 1895-1900, we have overlapping support from the channel and moving 20 in weekly time. I will take a long position in gold at the price of 1,895. I wanted to share this...
At the moment, AUD/USD is trading at 0.6759. According to my limited knowledge, if it goes down, it will reach the support line of the channel. After that, it will move towards the resistance of the channel, and then there will be a breakout of the channel. After retesting, it will continue to move upwards. Disclaimer: The information provided is for general...
Tcs is being in a channel from past few days If tommorow market open flat and breaks the channel pattern either side we can take a trade
There is a potential for a bearish pullback in price, which could lead to a movement towards the support level at 1.72500 in the upcoming period.
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello everyone, there is a great opportunity to sell GBPJPY. We have identified a strong order block on the 4-hour timeframe, along with a significant resistance level on the RSI indicator. Additionally, there is divergence present, further supporting the bearish view. Remember to prioritize risk management in your trading strategy, and best of luck with your trades.
OANDA:XAUUSD FOREXCOM:XAUUSD Gold analytical series, Episode 16 Hello Traders, checkout my previous ideas. Gold can move towards $1977-1999 after reaching the $1955 range. In the next meeting of the FOMC, if the interest rate increases by another step, according to traders' expectations, the possibility of an increase in interest rates can bring down gold...
NYSE:ROK Uptrend Rectangle pattern weekly chart,Above KMAs, Last 4 constructive Candlesticks, Around Breakout (pivot point ~305.5), it's need which i think 309 Pivot point: ~305.5 confirmation entry point: 309 Stop loss: 288.3 (6.7%) Target: ~ 350 (13.5%)
KBE on the one-hour chart has been in a rising parallel channel for a month. It is now near the the top of the channel having pivoted within the past few trading sessions. The MACD which is no lag shows a line cross above the histogram while the RSI is topped out as it was on May 23rd the most recent previous pivot downward. I see this as a short setup. The...
HOOKUSDT currency has the potential to buy or sell and enter this currency due to approaching the proof range (green range) which is its strong support range. - The middle of the downward channel shown in the 15-minute time frame is important for us because the history of the chart of this currency clarifies this issue for us. From this, we can conclude that the...
Timeframe: 4 Hours Long Day Trading Position Initial Take Profit : 1.6183 to the channel middle point 2nd TP: 1.6238 (to the high volume node of the volume profile) SL: 1.593 (breaking the trend channel) The pair is in a bearish tunnel for more than a month, and now in the trend channel's bottom, and has a high potential to go up again during the next few...
hi every one complete pullback to the trendline with 4% profit Potential The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...