FSR on the 15 minute chart in previous price action fell from a triple top on January 30th and then put in a double bottom Friday morning 2/2 and rose to finish out the day with a strong engulfing green candle. Nearby above are targets at 0.835, 0. 873 and 0. 915 based on the Fibonacci levels and also bearish high-volume nodes on the bearish-only volume...
Reversal Pattern in NZDCHF in BULLISH TREND. Bullish Trend is going on but there is a reversal pattern so I am doing Short. Also it is very much safe because it is under 0.382 level.
usdcad is making higher highs and higher lows on higher time frames and on the 4hr intraday time frame price is respecting support so i decided to get in at a one hour engulfing i also gave an update on AUDCAD.While AUDCAD is moving in a downward direction showing selling pressure at the moment i am waitin fot it to play out as planned.
AUDCAD is currently at a level of support on higher time frames so just to keep this short and simple im just looking for a bounce because i feel that the weekly time frame has to pull back after the strong bearish move down. market still has a strong chance of continuing its bearish trend but i decided to play the pull back if it plays out. *AUDCAD/BUY
NEAR is pushing the resistance level and if it can break above this level, we can see a rise up to 3.7.
Call it a 2024 Prediction (Based on a technical foundation ofc :)) Simple trading range zone break out and prediction of using that range to make a new trading range going forward. You can also spot a W formation which also would point towards a similar level Hope you have profitable `24
Monthly close is in a little over 5 days. CRYPTO:HBARUSD formed an Adam and Eve double-bottom on the monthly right at center and top of Monthly Support before breaking out to confirm that pattern and is now re-testing it for final confirmation or denial. Hold the monthly neckline at 7.3 cents and we can expect a move up towards Monthly Resistance as we get...
ALGM seems to breakout a 31.36 - 31.42 resistance it tested twice in December, forming a double bottom pattern, what might indicate a reversal of a downtrend it suffered last year. 31.36 is an important .236 retracement level of a major correction wave from the last year, while 31.42 is a full local retracement. Should it hold 31.36-31.42 this week, next target...
ALGM seems to breakout a 31.36 - 31.42 resistance it tested twice in December, forming a double bottom pattern, what might indicate a reversal of a downtrend it suffered last year. 31.36 is an important .236 retracement level of a major correction wave from the last year, while 31.42 is a full local retracement. Should it hold 31.36-31.42 this week, next target...
Entering hoping the reaction from the measured move will allow me to move my stop to breakeven. Also anticipating the stops behind the previous low will serve as a liquidity boost to move the price upwards. The risk to reward is just illustrative.
Inverted HS, double bottom, ascending triangle, everything about to break. It might consolidate a few more days within the triangle but looks very explosive.
- We see Bearish Divergence - We can see double top formation - We will sell at the break of double top
ILAG has been set up with a double bottom and the MACD could have the MACD cross any day. With the low volume and and positive news, this is also supported by the Fib with a good possible upward move if there is any trigger for buying.
Bitcoin's current rally to 48.000 USDT shows how resilient and optimistic the buyers are. However the most recent 'correction' we had to around 38.000 USDT did not even tough the 0.382 Fib line. Which in my book should be at least the minimum level to take a breather (and a reset for the RSI in the demand zone). Only after that I can see Bitcoin easily go higher....
AUDNZD is going to go up because the chart patterns suggest that the price should go up. We'll take two trades with 1% risk each. The reward of 1 trade will be 1:1 and the other one will be 1:2.
I see a nice double top pattern that is formed within a key horizontal resistance on a 4H time frame. The price formed a high momentum bearish candle after the release of the jobs' data yesterday. I believe that we can expect a bearish continuation today. Goals: 1.25815 / 1.25425 ❤️Please, support my work with like, thank you!❤️
Add to your watchlist When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist...
Hello traders what do you think about Gold Technical analysis 👍 Gold returning resistance 🤛 2039 ) fullback down short 2000) 370+ Pips) Short 2038 Tp. 2000 SL 2044 Safe trade ❤ plaes like ❣️ and comments posted 😊