A look ahead in this EUR/USD Mid-Week Analysis. The Bulls have been making a strong effort to continue this upside trend and target the 1.1100 zone. The long term perspective looks bullish so we'll have to see how we finish out the week especially with NFP this upcoming Friday. Trade Safe and Manage your Risk.
With short positions still being held at 1.0788 and 1.0645, I'm looking to see if we break below that pivotal zone which would potentially open things up for sellers to come pouring in. I will not look to add any positions as of right now. The best course of action is to stay patient and observe the price action. If we do break, I will lower stop losses to...
On the medium-term timeframes LTCUSDT, another figure is identified by my publicly available scripts. This time it's a double top. Therefore, with sufficient probability, we can expect that the next significant movement will be - DOWN. All figures on this chart are built automatically by my scripts available for free to every tradingview user on my page:...
A quick analysis pre-FOMC. As this week get's off to a jam pack economic data spree, volatility or market direction will be important to watch going forward. For a technical view, please refer to the analysis image posted on January 27th.
It appears that we are currently experiencing a similar pattern to the bull run we saw in the past. During this previous bull run, we saw a sharp decline from 65K to 29K. Currently, we are seeing a similar pattern with long positions being trapped at the top and many stops being placed below 20,4K. If this pattern continues, we may see a decline towards the 20K...
• As we expected, it seems the index is trapped inside a channel, in the 1h chart; • We identified this channel in my last public analysis, yesterday – link below this post; • Now, the SPX is just heading to the next resistance, which is the upper line; • The 21 EMA is completely flat, indicating nothing but short-term congestion; • In this scenario, only a clear...
Hi guys, I use Price action and Volume in order to find the Supply and Demand zone, then I get confirmation to open a trade with either RSI divergence or candle sticks in lower timeframe. The Take Profits are subject to change as I need to see the last wave before it touches the designed areas to trade. I'll update when I open a...
This Is an updated chart of my previously published idea on FRONTUSD Token. Once breakout confirmed target is previous all time high close of around $4.40. Looks like a nice pattern. What do you think? is this a bullish falling wedge? Possible entry could be on confirmation of bullish weekly candle that will complete 21 November 2022. Could also wait for upper...
Frontier (FRONTUSD) Crypto forming long term weekly RSI bullish divergence, as well as a trendline support. Setup will confirm on 21 November 2022 if bullish candlestick forms. Hopefully this trendline support holds. Really small market cap of only $17,802,416 according to coingecko as at 15 November 2022. Looks like this has potential for a big move.
• On our last analysis on SHIB I warned about an IH&S chart pattern, that did work very well, as by the moment SHIB broke our key point, it hit the previous resistance with an astonishing precision before dropping again (link to my previous analysis below this post); • Now, we see the same pattern again, so what are the key points? The trigger point is the black...
A textbook Head and shoulder pattern on the four-hour chart. Wait for confirmation or retest of resistance.
Analysis of #GBPCHF The GBPCHF might be topping in here, as you can see we have a nice reversal pattern on my chart, a bearish head and shoulders pattern. I will be watching this market and setting an alert just below the neckline resistance to be alerted when it breakout to start looking for a trend continuation pattern, targeting the next level of...
It's close to the support line.This is a Bullish Quasimodo.
Stock Name : NSE:BAJFINANCE Pattern : Inverted Head & Shoulders Target : Mentioned in the chart Entry : Mentioned in the chart Stop Loss : Mentioend in the chart This is for Education purpose only
So price got messy and didn't respect the push up we simply got a pump and now price is back in a much easier zone. The next level ill be watching for buys is 1.69400, if we see rejection from here once more ill be look at taking advantage for a long back to 1.7 at least.
Are you ready for pretty cheap tezos ???? . . . . And here we go!!!!
Gartley Bearish pattern is formed and now from point D the trend will reverse.
Short Call! FX:EURCAD H&S Neckline Broke with big Bearish Engulfing that will act as Resistance now. Best of Luck!