The GBP/USD currency pair is indicating a potential bullish opportunity, with a targeted entry point identified at 1.25452. This level serves as a zone where buyers may consider entering the market, anticipating upward movement in the exchange rate. Furthermore, technical analysis suggests a bullish outlook for GBP/USD, with a projected target set at 1.28000....
The BTC/USD pair is indicating a potential selling opportunity, with a targeted sell zone identified at 64460. This level represents an area where sellers may consider entering the market, anticipating downward movement in the price of Bitcoin against the US dollar. Furthermore, technical analysis suggests two potential targets for this sell opportunity. The...
Market Update: 📊 The market recently breached the resistance zone at 72200-72700, edging towards its main resistance at 7300-73300. However, it faced rejection in this zone. Currently, ADX and DI+ are falling, while DI- is rising. If DI+ and DI- cross, and ADX continue to decline consistently, it may be prudent to consider profit-taking instead of buying. consider...
I'm of the belief that this correction has completed and we're at the start of our next impulse leg, Structure off the low looks impulsive and our break/re-test of the fork is pretty good confirmation this ABC has terminated.
The technical chart is self-explanatory as always. The company has planned some serious CAPEX. Will leave a link in the comments to the recent announcements made by the company. If you'd like to request an analysis, simply send us 100 coins as a token, and we'll be happy to post one for you. ⚠️Disclaimer: We are not registered advisors. The views expressed...
gonna wait lower time frame bullish pattern breakt out and looking for buys.
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
🎯The chart is pretty self-explanatory as always! 🎯RBI barred IIFL from disbursing new gold loans. The 20% Drawdown was triggered by the very same news. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation....
Hey There, - Like always, The chart is self-explanatory. - We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one. - This is one previous support that turned crucial resistance - Previously, the price has fallen 3 times after testing this level. The fourth time's a charm? - We see a good consolidation at the...
- Colgate gave a good breakout which was met by a long upper wick candle showing the presence of sellers at the crucial resistance zone. - The price is now trying to break it. The structure does look good but given the volatility just after the breakout, it will be wise to wait for a break and sustenance of the price above the zone. What are your thoughts? Leave...
USDCAD has been oscillating at high levels recently. Currently, you can pay attention to the support near 1.3520. Once it is in place, you can pay attention to the potential bullish bat pattern. After stabilizing, it is expected to start upward.
FRA40 chart is showing completion of butterfly pattern . Now its forming new HH and HL so we can take instant entry by keeping previous HL as our stop loss.
Analysis: 📈 Tomcl forms a bullish flag pattern, indicating potential upward movement. However, recent RSI divergence caused a temporary fall to form a higher low (HL), aligning RSI with the price action. The price is currently at the channel top, encountering resistance. Crossing this level with substantial volumes could trigger a bullish momentum. Strategy: 🎯...
Natural Gas MCX Future Intraday Chart Technical Analysis - 7 May, 2024 Range Point: 186.30 Intraday Range: 10.60 Buy Above: 184.95 Average At: 183.70 Buy Target 1: 192.85 Buy Target 2: 196.90 Buyer Stoploss: 181.42 Sale Below: 182.45 Sale Target 1: 179.75 Sale Target 2: 185.98 Seller Stoploss: 185.98
Here's a bullish technical analysis for the USD/JPY pair based on the latest H4 chart: - *Moving Averages: The current moving averages on the H4 chart suggest a mixed sentiment. While the MA10 is indicating a **buy* signal, the longer-term moving averages like MA50, MA100, and MA200 are showing *sell* signals. This could imply that there's potential for a bullish...
If ETH bounces up and we see a green candle closing above the 1H Demand Zone, it might be a good opportunity to go long. SL below the swing 3039 and TP will be around 3201
Looks like BTC is bouncing off a potential demand. Going long with SL 62364 and TP 65188