Hello traders, investors and community! Today i am analysing GBPUSD in the short, middle and long term! Looking on the weekly chart for a overall perspective you can see on my chart that GBPUSD made a huge sellout from october 2007 to January 2009. After this it formed a triangle from january 2009 to march 2015 which you can see in blue on my chart, this triangle...
Chart 4H TF AAVE still in consolidation phase in range 54.8 - 57.5 Besides, AAVE has the support by ascending trend line and the resistance at 57.5 AAVE has touched 3 times to the support line so how's about fourth? Wait a confirmation and see what happen
GBPJPY is forming a counter-trend correction on the background of the upward bullish trend. Within the correction and descending price channel, a bullish reaction is possible when support is retested TA on the high timeframe: 1) resistance line at 183.76 was broken earlier 2) Bulls are trying hard to hold this area. A false breakout may follow on the back of...
OANDA:XAUUSD is breaking support, MA50 & MA200 and is building momentum, making local lows along the way. Back in Sunday and the first two days of the new week, I talked about an impending fall from 1950. What happened? We see a 250 pip drop. After the retest of 1926, a new bearish impulse is forming. The local resistance level is doing its job. It is not...
Currently in consolidation stage . Entry at 470 to 480 St at 453 Rs 6 months target 890Rs It will start breakout from end of July and then again it will fly.
BINANCE:BELUSDT feel better than the same BITSTAMP:BTCUSD which is preparing to fall. The weak market and red bitcoin speaks volumes, but at the same time there are coins in the market that can show good potential On the BINANCE:BELUSDT chart, I pointed out the descending triangle and we see the breakdown of the main scenario and purpose of this pattern....
Price has been consolidation for some time, hard to say exactly since when but for more than a year. This stock is very explosive it can jump 35% in one week. The 11 resistance is the key, if it breaks out the next immediate resistance is at 14.6. Worth the shot.
Price has been accumulating for 3 months under an important resistance. It could break out at any moment, has been poking it several times. I just opened a long position, TP around the 15 level, use limit orders for TP this is a high volatile stock, For SL wait for a red daily candle to close for the same reason, price can drop but it also could bounce back up...
Another opportunity from barchart.com. This stock is very volatile so use limit orders to take profit but wait for the weekly candle to close out for stop loss. Price has been consolidating for 6 weeks already. It may take a couple of more weeks nor not, but looks very explosive.
Very nice rounding bottom. Super volatile stock so give it a wide SL and wait until the weekly candle closes to trigger it. Price has been consolidating since Jan 2022, it tried to break out on June this year and I think is goin to try again. Use limit order for TP.
OANDA:XAUUSD makes another jump and updates the high of almost 4 weeks ago. All this is happening after breaking the resistance of the ascending channel. Locally, a symmetrical triangle is formed, which can form an impulse both up and down, the main idea here is that consolidation is formed, which indicates that the market is preparing for further...
BINANCE:CVXUSDT against the backdrop of COINBASE:BTCUSD , which has been falling for a long time and finally stopped, is forming a rather interesting consolidation near the wedge resistance. The coin on the chart is testing the bottom at 2.417, after which it forms a decrease in volatility and consolidation, within which the coin is creeping up to the trend...
Price has been squeezing between the trendline and the short term upper vertex of the triangle. I think is going to break out, But I'm not jumping in because earning calls is 08/31 a few days from today. EC could trigger the break out, but I prefer to wait. Another option is to open a small position at current price, SL at 37.90m TP at 54 and wait for the EC. Add...
Daily Chart You can check my previous idea here: Bitcoin has broken down the trend line then touched and bouncing back from $28,300 besides, BINANCE:BTCUSDT has the resistance around $29,300 Bitcoin's still in Bullish Trend if it can hold above $28,300 then break out the resistance Otherwise, Bitcoin will sideway in range $25,300 - $28,400 if it breaks...
Long Entry Trigger Cosmos Has found support above a pivot low and has also swept those lows. Buying pressure seems to have come in and it's now consolidating above support. The most probable outcome is that the price moves a little higher from here. -------------------------------------------------------------------------------------------------- Every day the...
Price just landed on a key level, that is also the bottom of the channel from Dec 2022. I could be a test of the broken resistance now support but I don't see any buyers activity. It could easily dead cat bounce off the support and break down the key level and drop to the next support at 250. I'm just watching this one, nothing to do. It may also start a...
AVAX has retraced to the golden pocket Fibonacci zone and has held the level long enough to break through the downtrend. This in my opinion is bullish and if Bitcoin stays neutral or becomes bullish, AVAX should have a strong move up from this level. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs...
CT CTRM jumped about 20% with earnings in my idea published as that was occurring. It is now in consolidation for two days on the 30 minute chart in what appears to be a high tight bull flag pattern. These patterns are typically predictive of a bullish continuation with decent reliability. The continuation can can be as much as the height of the flag pole...