✅GOLD is going down now
And the pair has formed
A bearish flag pattern
Which makes me bearish biased
And after the breakout
I believe we will see bearish continuation
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as you can see on chart, #fetusdt formed a sloping double top and target of this pattern is as high as height of head that mean price should touch $0.0315
on the other hand, on $0.03 area is on QML and lq bar that make this area super strength for starting bullish trend until $1.15.
it is excellent position
today I was surfing throw forex pairs and see a great opportunity in monthly time frame at usdjpy pair...
as you can see on chart price formed a head and shoulder pattern and target of this pattern is on $165, although break out neckline very well so it is very possible to reach target...
there are two scenarios for upward movement:
Hello my dears
It seems that we are witnessing the formation of a Flag pattern in the USDJPY chart. I think the possibility that the price will break above the Flag of the chart is very high. What do you think?
If you liked my analysis, please support me with comments and likes.
• NIO is still in a long-term bear trend, however, it is doing an important reaction this week;
• It is confirming a bottom sign, just above the support at $9.40 (Support in Oct 2022, and Gap from Jul 2020);
• Only if it loses the $9.40 I see NIO seeking the purple line below the price, maybe even the $5.70 (Jan 2020 top level);
• However, the recent reaction...
Analysis of #EURUSD
Hi traders, today we will have a look at #EURUSD
this is a sample follow-up on my previous EURUSD Idea as you can see I am expecting the market to test the previous structure resistance which now turned to support level
if the market will make a test to this area it will form a trend continuation patterns which, a flag pattern, will be...
AVAX has broken the falling wedge and sitting in a Flag with potential targets to 72%
Possible entry on retest of "Breakout" and "Possible Pullback" levels.
As usual, Bitcoin drags the altcoins around.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and...
It might not make much sense in the current mood because the majority of market participants expect either more downside or sideways price action for the next 12/18 months, but I feel the real surprise would be an upside move.
A strong move, forcing the many in disbelief to rush in mid-to-late on the way to an early top somewhere in the low 6 figures range.
Price action is shaping up for an bullish run as sellers failed to push any lower at the bottom of a HTF expanding structure, creating a reversal impulse followed by continuation.
I expect more growth on this pair, we can potentially see price make its way back up to upper boundary of channel, mid 1.8300 range for a high probability set up.
Find an entry that...
On the daily timeframe price have seemed to show that EURAUD is on a bearish move, and on this 4h timeframe, we can note that price just broke a strong support zone and I expect price to make a retracement to the resistance zone for a sell to 1.52550 zone.
This is what I expect on this pair.
Please do share and give a follow if you agree to the setup.