Time will tell but it appears an almost 20-year downtrend/basing period has been broken. The breakout occurred with significant volume which makes it more likely to be genuine. Of course an initial shakeout/head fake could follow (and I may not have the trend line exactly right, tried to place it where there were the most hits, but a few times that resulted in...
✅AUD_USD is going down
Again after the retest of the
Horizontal resistance around 0.6461
And as the pair is in the downtrend
We will be expecting
A further bearish continuation
SHORT🔥
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Hello,Traders!
AUD-USD is trading in a
Downtrend and the pair
Is trading below the
Horizontal resistance level
Of 0.6567 so after the retest
We will be expecting a
Further move down
Sell!
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The chart shows the levels to which the BTC price may drop in the coming days/weeks.
Currently, we can see that the price is based on the support at the 0.382fib level at the price of $60,000. I further identified a strong support zone from $55,000 to $52,000, which is between 0.382fib and 0.618fib, taking into account two fib retracement grids and trend-based fib...
Hello,Traders!
AUD-USD is trading in a
Local downtrend and the
Pair broke the key horizontal
Level of 0.6458 and the
Breakout is confirmed
So we are bearish biased
And we will be expecting
A further move down
Sell!
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Check out other forecasts below too!
✅EUR_USD is going down
And the pair broke a strong
Wide demand level around
The 1.0700 area which became
A supply zone now and the
Breakout is confirmed so despite
An expected rebound and a retest
Of the supply levels above
We are bearish biased and
We will be expecting a
Swing move down
SHORT🔥
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DJT, the Trump media company, had a massive run up after the DWAC merger only to fade and
fall with the SEC filing showing minimalistic revenue and negative earnings. It moved up in
meme fashion but is now falling as fundamentals come to light. In five months the namesake
will be able to sell if there is any remaining value. In the meanwhile, the board will...
Traders,
In this market update I am discussing the numerous "M" Patterns that I am seeing on the crypto charts. We'll talk about where we possibly could pull back to. And we'll take a look at the U.S. stock market: DXY, VIX, SPY, and NVIDIA and the impact they are having on crypto right now.
Apologies for the quiet voice. I will ensure this is fixed before the...
The AUDNZD chart currently shows the formation of a XABCD Harmonic Shark Bearish Pattern, indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bearish divergence, suggesting that the current uptrend is likely to reverse into a downtrend. Furthermore, on the daily chart, the price has just touched a strong daily resistance zone, which...
due to multiple break of lows happening on the euro/usd its indicating a strong bearish momentum
i will be waiting for a pull back to the supply zone for me to take advantage of another run to the downside
The analysis suggests a potential selling opportunity for US 30 (Dow Jones Industrial Average) on the daily and 4-hour timeframes.
On the daily timeframe, a selling entry zone is identified between 39,800 to 39,950 points. This range represents a level where significant selling interest has historically emerged, potentially acting as a resistance zone for the...
NASDAQ:AAPL
As you know the justice department has issued an Antitrust suit against Apple. This news is going to cause a downtrend in the stock, as expected, because of reaction to the news. However, we can expect a reversal sooner than later.
Apple is at $172.28 as of 03/22/24
Buy until $168.52
Price target(s): $174.27, $178.79
(expectation of a downtrend...
✅TESLA is trading in a
Strong downtrend and the
Price retested the local horizontal
Resistance around 180$ and we
Are seeing a bearish reaction
Already so I am bearish biased
And I will be expecting
A further bearish continuation
SHORT🔥
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BEAR FORMATION: if this formation holds, i am expecting a IBO on US30
A retest might be inbound but risk is tight.
Watching this pair at this hour only mean I am hungry.
Is there anyone else hungry to eat some pips today?
The crypto market's temperature seems to be rising, indicating a potential need for a healthy relief bounce. While the altseason may not have concluded, it's prudent to brace ourselves for a corrective move downward.
Taking a closer look at the SUIUSDT example, we can witness the market's respect for the supply area. Particularly noteworthy is today's...
Dow Jones is Working this Rising Channel
Currently Index may touch 41000 on days to come but
As history shows after every rise of 20% DJIA gives the fall of 6-7%
We are little bearish on Stock markets
Well well well !!
If USA market goes down then can we expect overall world market to fall ??
Lets see !!
Thanks !!
DOGE was fun if you knew how to trade it. The run and hype is over. The retail FOMO investors that completed wave 5 blow off top are the only ones holding the bags now. Indicators are showing real weakness and heavy selling pressure. The symmetrical triangle in a downtrend means continuation to the downside. Not financial advice. Have fun and don't lose your shirt.
