hi traders, heres our analysis on gbpnzd, very simple trade. let me know what you guys think below safe_trade_academy jordan_g_tp
LAZR to range further in wedge and trend to upper band, repeating trend confirming long to 52 levels
Hey there, Thank you for supporting this post with your likes and follow me aswell! Bitcoin current resistance at 33500! Think nothing to big coming anymore. If Bitcoin decides to drop, unlikely below support of 29-27k. Think Bitcoin has a good chance of consolidating current gains and breaking resistance or touching it around 35k. Once 35k is cleared,...
$RKT consolidating and sitting on volume shelf in both W and D timeframes.
Gold has been in a multi month consolidation pattern price is currently testing the upper resistance level and a successful break and hold could see the continuation of the long term bullish uptrend
Let's see if we get a break of this triangle to the downside to around the 30,000 mark and possibly even breaking it, getting a bit more of a healthy reset on the weekly, maybe even dipping back down to test the 21ema
Here we can see price is trading in a flat channel highlighted with the black horizontal lines and our green highlighted rectangle. Price is contained in this area. We are waiting for price to breakout to the downside on this pair. Please drop me a message. I'll be happy to help with any forex related queries!
NYSE:FTI - FTI has been trading sideways for months - The stock is now approaching the upper end - MACD sloping up - RSI still room to go - not overbought - Golden cross took place
This range has buy & sell side liquidity that needs to be tackled. Ideally, I want to see a strong push above the consolidation into the order block marked before a reversal to the downside, as illustrated.
Always waiting first for a breakout of the yellow zone, than a RETEST. Only then I may take position. Happy Trading! XD
LINK has just completed a clean breakout and close above ATH resistance on strong volume after a beautiful multi-month consolidation. This consolidation base appears in the context of a strong, multi-year uptrend and should provide LINK legs for a trending move to the 1st fib target at $30 and ultimately the 2.618 around $40. A little late to the update on this...
See related ideas 👀🚀🚀🚀 I’m only posting this so you can see my trend lines and analysis on the daily chart which makes the intraday trading within the pennant more clear 🚀
I did not expect the red day on Friday. But my theory stands. I’m even more confident about this move. There was a gap up due to hype from Cathie Wood buying, but the bears in the pennant pushed it back. PLTR is still consolidating and building pressure within the pennant and I expect a breakout to the upside next week. Side note: there is LOTS of open interest...
We recently saw ETH create a lower high coming off the peak of its recent move up. Seems to be consolidating with lower avg volume. Maybe sometime tonight/tomorrow this will either breakout to create a new high or drop to a recent support level, although I’m leaning on the bullish side as we all know what can happen to crypto on weekends!
Both -618 fib and uptrend length lead to 37 500$. I will wait for a brakout then a retest of the zone before taking position. Happy trading and all the best for this year! Cheers! XD
Bitcoin looks to be holding well here. Sentiment is bullish.
Price was consolidating in the purple structure above and price broke structure i'm waiting fr price to close under the 200 ema and also under the 50% on the Fibonacci retracement. Also price just closed and created a 3 pin formation on the 1hr timeframe. Price could retrace back to the box structure above before falling more but we will see!