Hey Traders, in today's trading session we are monitoring EURCAD for a buying opportunity around 1.47700 zone, EURCAD is trading in an uptrend and currently is in in a correction phase in which it is approaching the trend at 1.47700 support and resistance area. Trade safe, Joe.
The pair AUDUSD seems to continue its Bull Run as no divergence is seen on the charts and bullish flag pattern is in the making. The fundamentals and seasonality are also supporting the pair for a possible bull run. what are your views about this ???
FX:GBPAUD recently broke out of a range, only to fall back into the resistance zone and bounce off it. This double top pattern suggests that the bulls' attempt to push the price higher was unsuccessful. With the overall market showing a bearish trend on the daily timeframe, marked by lower lows and lower closes, I believe the price is likely to continue its...
Dear Traders, We are convening a discussion focused on #BURGERUSDT Its Ready To Break the Trendline and Also its on Support Level In Case of Successful Breakout, Expecting a Bullish Move of 60%🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining...
Dear Traders, We are convening a discussion focused on #TLMUSDT The Symmetrical Triangle Breakout Has Already Done and Broken the Resistance Level ✅ So,I am Expecting a Bullish Move of 35-40% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining...
In my written and video comments from last week, I mentioned that I expected gold to drop in a new downward leg and indicated the 2350-2360 range as the sell zone. Indeed, after touching this zone twice, the price dropped and closed the week near the 2325 support level. This week's opening saw a drop below this support, and at the time of writing, gold is...
We can see xrpusd is doing something very very similar for the past few years its been forming this massive triangle pattern that it did before the last time it had its massive breakout from a triangle that eventually led to its all time high. On the weekly chart we can see we are now very very close to the apex of this triangle and I have also superimposed a...
Hello,Friends! We are going long on the AUD/CHF with the target of 0.608 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! BITCOIN pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello,Friends! EUR/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.986 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! It makes sense for us to go long on GBP/CHF right now from the support line below with the target of 1.158 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
AliceUSDT is exhibiting a potential inverse head and shoulders pattern, with the price currently forming the right shoulder. This presents a promising buying opportunity. The immediate target is the neckline of the setup, and stop loss should be strategically placed as indicated on the chart. Final target levels are also outlined on the chart. Let's observe how...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
FOCUS ON LTC. A theoretical and technical analysis of these two major coins price movements. LTC's recent monthly price metrics is reminiscent of BTC's September 2023 movements before it shot up from 20k to 40k. As we speak, it is following the DNA of that certain movement. We are now at the critical heat point for that X2 surge. BTC post surge price touched...
It's been a long while since I posted one of these so here goes! This is an updated monthly overview on the idea path for the Halving event, many people have their opinion and they have some great points to where it may or maynot be headed. So here is my entry to where it may likely start the full process for the halving to work it's way to the 120k or 200k...
It is clear, there is no debate on open, there is no debate on how much it will open. Cues are there. The question is how much it can stretch. What is the expiry led moves that one can see here. 1. This index held its never in the fall relative to any other sector, hence the more weightage will come from here. How much, non-index stocks move or not one has to...
Those who watched our link last week will have some idea, for others the daily readings, will help to some extent. Markets move not on news, but the reaction of the participants to the news. 1. Buy the rumour sell the facts. 2. Good news is bad news. 3. Bad news is good news 4. Buy the fear sell the hope. 5. Sell the strength, buy the weakness. The way one...