Oil rebounded and recovered losses from last week but is once again resisted at the top of the entire symmetrical triangle. Commodity prices have been somewhat cooling off a little as China clamps down on hoarding of supply which could somewhat cool off the oil market for a short while. Traders may consider selling at the range top now with very limited risk on...
Gold has been rising within a 1.5-month rising channel and the top of the channel was somewhat breached earlier this week. However, gold struggled to make another jump as it was actually resisted at the top of another rising channel that's channeling out of the 1.5-month channel. By now, it is obvious that the gold is currently in the process of consolidation,...
Throughout the day, AUDUSD has been forming nothing but higher highs and higher lows. It has also broken above 0.7786, a neckline to the previous 2 lows. In any case, sellers are definitely looking very weak and buyers will be able to take over easily as it now finds support at the bottom of a rising channel.
The gold opened low but climb throughout the Asia session and reached the equilibrium level at 1856. The price has clearly broken above a 1-week resistance and may continue so within its current 2-month rising channel. Wait for a pullback to 1842 to buy in again, targeting the equilibrium level at 1856, and then the top of the channel at 1871.
EURUSD has found support yesterday at 1.206, a previous resistance just a week ago. Additionally, it was also supported at the bottom of a 1.5-month rising channel and a moving average. And since this week's market is range-bound, there's a better chance EURUSD will rise today from the bottom of the week.
GOOD MORNING- CRYPTO GER HERE FOR ANOTHER XRP UPDATE- TODAY IS WEDNESDAY APRIL 21, 2021. BEFORE WE GET INTO THE TECHNICALS AND ALL THE FUN STUFF- PLEASE KNOW THAT THIS IS NOT FINANCIAL ADVICE, THIS IS MY OPINION AND MY OPINION ONLY. I AM A DEGENERATE GAMBLER WHO LOVES TO DAY TRADE WITH AN UNNACPEPTABLE AMOUNT OF LEVERAGE. BASICALLY TAKE THIS AS ENTERTAINMENT...
Hello Everyone, Bitcoin is starting to look more promising as my previous analysis have shown some weakness with price action and waning selling momentum. If we close above $60,000 this week, I do believe we will continue higher. Here are my technicals: 1. Weekly volume is starting to increase as price increases. This is confident bullish price action. 2....
Hi guys..its the latest analyze chart of KNCBTC in daily timeframe .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart! if u like it press like-comment and folow me.thx
Hi guys..its the latest analyze chart of XLMUSDT in daily time frame.if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart! if u like it press like-comment and folow me.thx
Hi guys..its the latest analyze chart of COSMOSUSDT in daily .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart! if u like it press like-comment and folow me.thx
Hi guys..its the latest analyze chart of ZRXUSDT in daily timeframe .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart! if u like it press like-comment and folow me.thx
Hi guys..its the latest analysis chart OF BANDUSDT IN DAILY TIME FRAME .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
This MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful . The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the...
Just a simple ABCD pullback after GBPJPY fell on a harmonic pattern. Sell now or between 139.4 - 140.0 Safest SL at point D of harmonic at 140.7. Target 137.9 and 136.0
Potentially a large swing trade setup coming next week. Daily Chart - Price has been in this ascending channel since march of this year and after the second touch of the pattern, we have the double top with another ascending channel leading up to the double top area. 4HR Chart - Here is the price pattern in more detail. The first profit target is the...
Bullish bat forming. Buy the dip towards 29000 Target 295000, 30000. SL just below point X.
Due to the uncertainty over the U.S election, demand for dollar continued to rise against its major peers. While the brexit talk was delayed further, uncertainty is almost certain to build up again and thus pound will suffer. The major bullish structure which was supported by a 7-month rising trendline was broken last month, pointing to an end of a bullish...
USDJPY has pulled back from an HnS and found resistance at the neckline. It has completed at least 2 bullish waves which have also taken 3 trading days and thus USDJPY may resume falling soon. Traders may consider selling at the current price but keep in mind that the market may pull back a little further, at the most at 105.20.