The market went further down from the resistance after news releases. The price responded poorly to the key level at 2300. We did not have a strong upward move, which indicates that bulls are not ready to buy at these levels. On the daily, OANDA:XAUUSD formed an inside bar formation, which can be seen as a triangle pattern in lower timeframes. I think the market...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08000, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08000 support and resistance area. Trade safe, Joe.
22c is one of the important levels. Earning 150% by this summer is possible considering the general market situation. I am planning to buy and enter in March, until then I will wait and see if everything is true. This is probably completely true.
The AUD/CHF appears to have formed a double top pattern, and the custom indicator suggests a Fibonacci retracement from this peak. This analysis is based on this indicator and is intended solely for experimental content. Based on this setup, I expect the price to reach the 0.58663 level, with a stop loss just above 0.60020. Let's see how it unfolds.
The psychology of market cycles says it's likely. *$1.6 is the level where the trend line was broken and the main downtrend was entered in 2021, which makes it an important level. *It is possible that it will no longer go below 45c. *If the price does not delay, $1.6 will be reached in the summer
In the big picture, extremely BULLISH!!!!!! !In a small picture!: MACD crossing down is very likely. Because macd has failed crossing, which makes the next crossing more realistic. Crossing down means BUY when the price is in red and there is no sign of green. Support points or resistances are required Under 3000k soon. The landing level is not known today, only...
The chart is self-explanatory as always :) 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 here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or...
FX:NZDUSD reaches the previously outlined target. The trend remains and has a bearish direction, the structure of which is preserved and the direction of price movement can be continued. A retest of 0.5940 is formed on the background of yesterday's news and a slight weakening of the dollar index. The currency pair is strengthening within the downtrend,...
📈 BANK NIFTY - An Overview ! 🎯Price is at a crucial zone 🎯 Support zone + 45000 psy level 🎯 Current levels have 200DEMA and 50 WEMA support 🎯A breakdown would mean trapping of buyers on the breakout of the wedge pattern 🎯Next significant support is at 43650 - 43670 levels ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal...
This is a quick one. The chart should tell you everything there is to know. We will keep updating the comments below as the price action unfolds. Have Requests, Questions, or Suggestions? Let us know in the comments below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used,...
EURUSD may retrace from a wide intraday horizontal resistance cluster. I already see some sings of weakness of sellers: double top formation on an hourly time frame and multiple rejections. I think that the pair may reach 1.0705 level today. ❤️Please, support my work with like, thank you!❤️
In my posts over the past month and a half, I've maintained a bearish stance on $FX:GBPUSD. However, despite reaching a low of 1.23, the pair reversed course and climbed back to 1.25+, failing to meet my prediction of reaching the 1.2 zone. Currently, GBPUSD is trading at 1.2540, marking a crucial point for this pair. While I typically don't present multiple...
📈 Technical analysis BTC/USDT During the corrective movement, the price of Bitcoin reached all three targets from our previous review: the Imbalance 4H zone, the Imbalance 1D zone, and the support level of 57,000. The recent downward wave in the price of BTC was driven by the reluctance of the US Federal Reserve to lower the key interest rate and the outflow...
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Wave “4” traveled a greater distance than I had anticipated. At the moment I expect a small update of the 78.80 low and the beginning of the upward movement with the aim to reach the resistance area of 84.42. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Colleagues, in the coming trading week I expect the uptrend to continue after the formation of corrective wave “2”, which I expect in the area of 50% Fibonacci level 5025. After that I expect the beginning of the formation of wave “3”, with the aim to reach 100% of the Fibonacci extension level 5209. Manage your capital correctly and competently! Only enter...
Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share name (2) the candle's 'change from open’ (over 1 session) i.e....
Dear Colleagues, I suppose that the price has started the wave "5" of the higher order. At the moment I expect a correction in wave "2" of lower order, then I expect the beginning of wave "3" with the aim to reach the resistance area 39156.49. Manage your capital correctly and competently! Only enter trades based on reliable patterns!