NZDCAD is trading in downward direction but currently the pair has created strong demand zone around 0.8160 region and reacted well from this region. Currently the pair is facing mild resistance in 0.8190 region . if it break through 0.8190 it will a nice buy setup.
USDCAD break through falling trendline and creating support on broken trendline. it seems like the pair is getting ready for bullish attempt.
usdcad buy trade possible buy opportunity price creating a head and shoulder pattern on 15min chart
BYBIT:BTCUSDT.P Hey guys just a quick update on BTC... it's boring yes. that's why I'm staying patient and just risking 1% here and there so not trading much at all at the moment. So obviously you can see we are hanging at a bearish type of order block and the chart overall does look quite bearish for the time being or 'in consolidation' or as I like to call...
BNBUSDT bearish scenario on 4h chart. Price action expected as a bear flag pattern breakdown, plus reciprocal AB=CD harmonic pattern plus Chaikin Money Flow bearish divergences in confluence w/ greater demand zone.
AUDUSD is trading in bullish channel. it is also creating a bullish channel within the bigger channel. currently the price is retracing a bit( the fundamental reaction) but seems like it coming down to get fuel up for bullish trajectory.
I've spotted a key demand zone for USDCHF between 0.85771-0.85699 on the 30-min chart. If the price retraces to this zone, I'll be considering a long position. My target is set at 0.8608, with a potential for a 3.9 R reward. That's 3.9 units of profit for every unit of risk. I plan to exit the trade if there's a 30-minute candle closing below the demand zone.
XVGUSDT has given the breakout of long declining trendline and currently the price is hovering at support zone. Will the buyer took the benefits from this support to push price higher ?
After making a new low , retraced back to the supply area which initially led to a sell off, So First time back to the level there is a possible case for a short down to the demand level. Make Sure To check the NEWS for AUD because of positive correlation.
💹 GBPUSD is currently experiencing an overall bullish trend, as evident from the Weekly Chart (right) showing bullish movement within the Buy Zone. ⛔️ However, as a Counter-Trend Trader, I'm eyeing a potential shorting opportunity on GBPUSD based on the setup on the daily chart. 🔍 My trading approach will shift to bullish once it hits the key support level or...
Gold clings firmly to its coveted $1,900 handle! The stage is set for an intriguing turn of events, especially in the wake of a milder-than-anticipated U.S. jobs report for June. This unexpected twist suggests a potential dampening of the Federal Reserve's hawkish stance as its policymakers prepare for their upcoming rate review in three weeks. In the face of...
🔰 Pair Name : XAU/USD 🔰 Time Frame : 1 HOUR 🔰 Scale Type : MID SCALE 🔰 Direction: BUY THEN SELL During the US 4th of July bank holiday, Gold experienced minimal price movement. On Monday, the price reached $1930.76, which corresponds to the Fibonacci level, and then spent the following two days retesting the 78.6% Fibonacci level within the range of $1922.64. If...
NZDUSD is moving in an ascending channel. The market has reached the major resistance level at 0.64000. The market is overbought. It dropped from the resistance, and we'll see at least a pullback. The price is near the psychological level, and if it rejects the level, then we might see a massive drop from it
The GBPAUD pair has a demand zone on the 1-hour chart between 1.89943 and 1.89800. If the price drops back to this zone, we may see an increase in buying pressure and a potential upward price movement. This could be a good opportunity to go long. Set the target at 1.90215 for a possible risk to reward ratio of 1.77 R, meaning a potential profit of 1.77 units for...
Hello Traders👋🏻 On The Daily Time Frame The AUDUSD Formed a Falling Wedge Pattern📉 Currently, The Price Broke The Resistance Line of The Wedge So, I Expect a Bullish Move📈 ----------- TARGET: 0.69545🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders👋🏻 On The Daily Time Frame The EURCAD Price Reached a Resistance Level (1.46028 - 1.46496). Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 1.47200🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
USDJPY is just being crushed , and reached at very strong level, which is previous demand zone. As the pair is also getting support from long term inclining trendline while the RSI is extremely oversold. we are expecting a bullish reaction from current area.
ALPHAUSDT was respecting the falling trendline but recently it break the trendline along with bullish divergence. Currently the instrument is making support zone but it seems like it is getting ready for some serious bullish momentum.