After reacting the price to one of the resistance levels indicated in the chart and After confirmation price You can enter into a buy position
Here in this simplistic post we are on the 1-Month chart. A proper Fibonacci retracement shows that the golden zone for longs has indeed been rejected once so far into this deep fall of BTC. Usually support is tested about 3 times before making a bigger move up if bullish which I believe it is. So far a very health correction to BTC long bullish blue candles on...
AgEagle Aerial Systems, Inc. designs, develops, produces, distributes, and supports unmanned aerial vehicles for the precision agriculture industry in the United States and internationally. It offers FarmLens, a subscription based cloud analytics service that processes data collected with a drone for use by farmers and agronomists; HempOverview, a...
#88E is pleased to provide the following update related to the Merlin-1 drilling. Whilst there is still work to do to confirm a discovery, the results to date are encouraging...
XAUUSD Gold Spot / U.S. Dollar OANDA continuation of choppy downtrend channel...
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : We have an "M" formation and we do expect a retracement to the neckline which is in confluence with the FIB level 0.618 . Weekly : Wa are currently in an acsending channel and we are creating an overextended W formation and we expect price to move...
As forecasted, USDCHF rejected our rejection zone.
Despite the breakdowns of the lines, the price came to the resistance zone. And I expect it to roll back down. The target is the nearest support level of 27431. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
CADJPY H4 Live Forecast Up Direction
NZDUSD is expected to go down direction.
We are looking at EURUSD right now. This pair has a very sharp move over the last trading sessions. . From our technical standpoint, if this pair continues to move up, we are watching closely the first resistance level at 1.2024 and if this is taken over, we are watching closely the next resistance level at 1.2144, followed by the third resistance level at...
I understand to be able to trade like the best you must literally think like the best and if you have to, try to remember how they would have gone about utilizing the skills we learn to better advance their own trading skills. thus some people hold trades longer cause they know more. so just act like those people and ask a few questions here and there. but...
OANDA:AUDCAD Here is my analysis for the direction of the pricing in the next weeks. If I correct, need 1 - 2 weeks to reach Take Profit 1 and around 2 - 3 months to reach Take Profit 2. Incase I wrong, maybe the price will reach Stop Loss during the 1st week of June (Maybe today or tomorrow). Keep following up and share with me your opinion about this currency.
Trading suggestion: There is a possibility of temporary retracement to suggested support line (0.8769). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The...
ENTRY: 13.88000 TP: 13.83000 TP2: 13.78000 TP3: 13.73000 SL: 13.96000 Chart time frame - 1D Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!