Dear Traders, i expcet price will retest 1.07700 Area then will start big downward movement for next week, Regards, Alireza!
BTCUSDT currently moving in down trend, and in previous formed Bearish Harmonic Pattern and also break the previous LLs, that is the confirmation of the bearish trend so we can take a short trade on current market price and wait for the TP which is 51k, strong support, and also reversal point.
- Crude oil had a retracement on daily time frame towards trendline. - Price has retraced to 0.5-0.618 zone, a bullish momentum from here can break previous highs - A bullish divergence has also formed with double bottom pattern on hourly time frame. - Mulitple confluences make this a good buy opportunity for long.
Many people get bogged down by focusing on small time frames. Now let me introduce the annual schedule, which is a huge deal breaker. Prices reversed course in 2011 and have been bullish ever since. Here we can see that the price is basically retracting at 161.8%. We could see a lot of selling on the 100% extension, which could test new support. To confirm this,...
Price action suggest a bullish view: - falling wedge pattern - successful demand zone test (4h) - demand zone test followed buy a break of previous high (---$$$---) - buying sentiment getting stronger Entry is identified by a green circle SL: 20-30 pips ; TP: 160260 pips
EURJPY still has the opportunity to grow, but now there is a chance to earn a short time by selling, We have these indicators for SELL opportunity: - Reflection from the top of the parallel channel (formed since 2022) - Low volume to continue the current direction - Resistance zone of last peaks (2007-2008) - Return/re-test to Year + 6M + 3M + 1M high We define...
We found that EURAUD has bullish continuation price.
The Japanese Yen ticked lower against the United States Dollar on Wednesday, with USD/JPY getting mighty close to the sort of level that might force authorities in Tokyo to intervene. The Dollar is of course benefitting against most rival currencies from a broad re-pricing of interest rate expectations. The resilience of pricing and economic growth in the world’s...
ETHUSDT has formed the bearish flag pattern in the absence of divergence which indicates continuation of bearish trend.
EURUSD is bearish on daily timeframe but I believe we have some profit opportunities from a good retracement as well. EURUSD is showing signs of reversal on hourly, which might be a start of uptrend. having a tight SL and TP can help us benefit from it. Lets see how it unrolls.
very clear S/R level that will determine new ATHs, or a pulldown to the low 40k levels, possibly looking for a real backtest of the 31k level. Break of this powerful support level at 52k will significantly reduce the chances for a strong bull. 52k must hold for easy long positions to maintain. A break of this level offers no real support till 42k, and 31k next.
Gold recently broke its previous trendline channel and is now retracing back towards it. We anticipate a subsequent downtrend once the retracement concludes. Our analysis suggests that the price might form a Quasimodo pattern, with a potential consolidation around the 2330-2337 range before declining towards the minimum target level of 2282.
This is a line of confluence. BTC will probably come back down eventually to retest 51k. Watch GALA to possible hit this line and bounce. This is on the WEEKLY time frame so this could take 2-3 months to play out. That's where you go LONG on GALA. Not a bad area right now to DCA into this game token while things are gonna get somewhat boring. Good luck and...
I think the price recently broke out of the downside range. I expect to continue down, whether it's your retest or the price creates support and then breaks out, or you can use tapering techniques to find a trend pattern
So far when I read in the MSM, I can say everyone is criticizing what the BOJ and Ueda did on Friday. JPY is free falling with grave consequences. But when I look at the chart, I think what I can see is more like rates going back to normal - in a historical context. I think by next week, the Yen would have finally broken FREE from the lost decades. And I guess...
Okay, This one was requested by our newest follower @anurag3235 We are keeping the chart simple and self explanatory as always. Although, One important thing to know is that the public shareholding in Indigo is mere 2%. Confused on if you should invest? We have a post that will help you make up your mind. Direct link is below: What should we analyze next?...
Trade Plan: Short Entry: 1.80476 SL: 1.81065 TP1: 1.79890 TP2: 1.79300
EURNZD analyzes currency pairs using a mix of fundamental and technical analysis, supplemented with some sentiment indicators such as the Commitment of Traders (COT) report, Leading Economic Indicators (LEI), external and endogenous factors (EXO and ENDO), and seasonal trends. Let’s break down the analysis: 1. Fundamental Analysis LEI, EXO, ENDO: All are...