This pair is forming a bullish wedge pattern. The price is likely to break out to the upside in the near future, presenting a potential buying opportunity for traders looking to go long on this pair. However, currently the price is at a support zone, so we consider buying. Our target is 1.37266 price area.We anticipate a potential rebound from this support...
Possible trade idea on this pair. As always WAIT for confirmation. I believe we should go long once trading direction/pullback is confirmed.
NZDUSD is in a downward trend channel. This suggests that the New Zealand dollar is weaker than the US dollar. Price has recently showed some rejection at the top of the channel therefore we are looking to sell. The Take Profits target should be 0.58807 .We will set our Stop Loss at 0.60400 to manage risk in case the price reverses. It is important to closely...
It's the starting point of the coordination wave If our prediction is correct, it is expected to fall soon. I hope you have a good result. - We would like to inform you in advance that SEOVERIGN has nothing to do with the analytical items.
The US #Dollar is trading in the middle of its range since Late 2022. It is also holding the recent uptrend well. TVC:VIX is a tad lower today. #Gold & #Silver still look good, Daily & Weekly. Loading up on AMEX:SLV when we stated the inverse head & shoulder was a good move. (took some off recently but still have large position) AMEX:CEF AMEX:GLD
This pattern will be in trading books next to Wyckoff's (jk lol) buy: 0.50~0.55 target1: 0.615 mid channel. you can move your SL to entry at this point target2: 0.723 upper band. take out half position here target3: 1.11 first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position.
GOLD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GOLD Entry Point - 2373.9 Stop Loss - 2393.6 Take Profit - 2339.7 Our Risk - 1% Start protection of your profits from lower levels ❤️Please, support our work with like & comment! ❤️
If our prediction is correct, it is expected to fall soon. I hope you have a good result.
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...
Here we are looking at the 4H timeframe, considered by many of us to be short-term. Bitcoin just produced a local lower high —I honest don't know what "local" means in this case— I am talking about now vs 22-April marked with the cap pattern on the chart. Then another lower high this time 8-April —Not sure of this one is local, national or international but...
Silver fell back below my trendline, but is forming a bull flag here.
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0859 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0814 About Used Indicators: On the subsequent day,...
On this chart pattern, you can see Bitcoin Market Cap Domination which in my opinion is moving on a rising wedge. With the latest pump, BTC.D held the lower support trendline and is yet to touch the upper resistance trendline. Expecting it firstly to move on the upside and then to get refused on the 57.5%-58% upper resistance trendline, lose the support...
In financial trading, a "bullish bat" typically refers to a specific chart pattern within technical analysis. It's a harmonic pattern that traders look for on price charts to potentially predict future price movements. The bullish bat pattern is characterized by several specific Fibonacci ratios among various points on the chart, usually involving retracements...
Weekly Breakout of HONEYWELL and there is a resistance at 209-210. If it break that level which creates double bottom pattern breakout as well. Buy at or above 210 for a target of 234-235.
NYSE:F Incredibly cyclical. Ford with it's great earnings recently and having just given out dividends should slowly climb up like it does. We should see it challenge the upper level of the macro pennant. If the momentum is good and the company can release some good news possibly at the beginning of June, then we should see a surge out of the $12 range and up into $13.