AUDNZD on the daily chart after the test of it closes the week below the support at the 1.05500.
During next week, we will check the market open at the beginning of the new month and, according to Plancton's strategy we can open a nice short order to the next support level.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red...
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BTC is looking juicy and ripe for a really good Kumo breakout, the beginning of a new trend. We may see the price pullback over the next few days to get closer to equilibrium/Kijun-sen and then finally break out to the upside as it exits the cloud. Weekly looks good as well. There's the possibility of price riding the cloud as it moves up and the weekly is in...
Hey tradomaniacs,
GBP/USD broke out if its primary trendchannel and could continue its way down for a correction.
Since the breakout of the monthly downtrend we haven`t seen any retest yet
Watch these levels carefully as fundamental circumstances aer a bit chaotic for the US-Dollar. This breakout could continue or turn...
Purple Line = Daily SNR /Trendline
Red Line = 4 Hour SNR /Trendline
Orange = 1 Hour SNR /Trendline
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BINANCE:LINKUSDT
To find strong support and resistance we can go to Time
Look at the frames above and we can see the price on
An important support is fluctuating and if the candlestick is the last one
If the positive Doji closes, the price can return to the upside
And the range of 20,000 is a strong resistance that breaks this area
It causes good growth for...
ASX:ODM
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Market Direction: Long Position
Chart time frame - Daily
Timeframe - 30 days
A – Activating Event
Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first...
Today Gold tested $1815-$1820 supply zone and failed to close above it. There is not much bullish strength left as the precious metal got rejected at $1815 twice. A bearish pin bar is forming on daily chart and we may get more sell off after a slight retrace higher. Bears next near term downside price objective is pushing Gold to $1783 and technical support at the...
We have a technical figure Descending Triangle in US company International Business Machines Corporation (IBM) at daily chart. IBM is an American multinational technology company. IBM produces and sells computer hardware, middleware, and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. The...
Hello,
I am working on my technical analysis with my charting. Please feel free to comment and give more input if you agree.
NZDUSD has been bullish since March of 2020. Price action previously respected the uptrend parallel channel reaching a major resistance level of 0.74690.
There are resistant candle tops that show a downtrend forming in the market...
