Hello traders and investors!! 👋 I am watching LUNA closely and depicted above are some of my key points..👆📌📈 We recently broke up and out of a descending channel, but I am not convinced just yet, let's see if we bounce down from this possible resistance at the top of our triangle/wedge shape..!🆗↘↗🧐🔺 Just a few days ago there was news that the (80 percent...
Analysis on #NZDUSD Hello friends. the market is moving between support and resistance and we can look to trade at these levels if the market tests the resistance level I will look to sell if provided me a valid reason. if the market tests the support level I will look to buy if provided me a valid reason. Friend, if I am helping you somehow, you can also...
We could see bullish momentum continue if we see bullish rejection at support and the 78.6% fib level. JPY weakness driving the fundamentals
please not that the analysis provided herein is not a financial advise
Please refer to the chart for my prediction!
Entry details are shown on the chart. Can this trade make it two out of two. We're only looking for TP3. This makes the strategy in question a 1:6 RR Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so...
This is what I wish to see on the charts to be able to take the long side
if your kind and generous leave a comment and like this post, it will really support the creation of more free ideas like this one for you Analysis on #NZDUSD Hello friends. Here we have the market moving sideways, and we use when market doing so, we look for harmonics, and here we have a possible bearish harmonic bat pattern that might complete soon for a day...
One more bullish flag setup with an impressive volume setup. Mastek is a trending stock and formed a bullish flag setup. - Can spend some time near 1780-1880 levels - RSI is cooling off for now, can take support from 60 levels One can go long now or after BO levels Keep MASTEK on watchlist for the move
Based on my understanding of INDEX:BTCUSD macro direction, this chart shows the three significant parts of the market cycle: - Forms a low after capitulation ( due to news, potential regulations, deleveraging on exchanges etc. ) - Creates a fast and parabolic run for several months ( diminishing returns each time ) - Market falls hard after creating a...
Update on GbpUsd, even though we didn't get an initial bullish rejection from the level I outlined yesterday this doesn't mean the buy setup is completely canceled. On the lower timeframes, it looks as if price dipped below the level to gain support at a non-horizontal support level. Once price rejected off of this level, it bounced above the support level that...
- Please follow& like for more updates. - Next time someone says “the market is about to breakout – just look at this wedge/flag/triangle!”, you have to think “Of course it will break, where else is it going to go?” The market cannot exactly disappear behind the chart, can it? Nevertheless, these styles of patterns can be interesting and show the mindset of a...
The possibility we could see price bounce off the support, to resistance and 0.382 Fibonacci level before the downtrend continues. the entry point would be after: Confirmed rejection at resistance and the 0.382 fib level (0.9050) Bearish confluence among indicators (MACD, RVI) Always in line with 4H EMA and the overall trend of currency (bearish) Ensuring that...
Potential for more downside?? Could see price reject at resistance and at the 0.382 Fibonacci level. Price has been in a downtrend (very strong on the 1D timeframe) so we could see this movement continue. Remember; The Trend is Your Friend.
Expecting price to come back up to the resistance of trendline (1.4750) and the 0.618 Fibonacci level. We could then see some bearish rejection at these levels and see price continue its downward trend.
- A retest of previous support at 0.8770. - Rejection at 0.618 fibonacci level. - Continued momentum wth current downtrend