Price action was in complete control of bears, as price was consistently printing lower highs and lower lows. However, now with breaking of previous lower high, bulls seem to have taken control of the price action, and it seems that a bullish reversal has started. Targets are mentioned on the chart.
The Euro (EUR/USD) could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 1.08420 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 1.07922 Why we like it: There is a pullback support that sits below the 61.8% Fibonacci retracement...
WTI oil (USOUSD) is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci...
Bitcoin (BTC/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 68,500.04 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 73,817.92 Why we like it: There is a swing-high resistance level Take Profit: 60,545.45 Why...
GBP/JPY could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 191.274 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 190.056 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement ...
Analyze XTZ/BTC The long sequence of red candles in a row shows the bearish channel, but looking in perspective it is clear that XTZ/BTC is in an accumulative formation, indicating a trend reversal. The MACD histogram is below the zero line, indicating the reduction in bearish momentum, its convergence indicates that a change in trend may be close. The RSI is...
Two tops and chart bounce from atop of them leading to a simple uptrend. Combined with the harmonic pattern it can reach 300%~423% or 461% (see image). Anyway, don't be greedy since higher high is not confirmed. Bullish. TP 1.08725 SL 1.08565
MATICUSDT showing bullish trend if break previous HH ...
BTC is following our plan, making a perfect retest on the channel, and also making good support on the lower green zone, we are hoping it will consolidate in the range defined in the last post. As long as BTC stays in the range ALTS will stay good but if BTC flips the support then we should be careful.
GBPUSD is trending bearish trend in the IH time frame and printing lower high and lower low
Hello Trader BINANCE:MATICUSDT.P the green line is the weekly area for this matic pair, because of the confirmation of the weekly area bounce, the benchmark for taking small time frame scalping areas in 1 hour. after the yellow beak line it can be a benchmark for a small support area. can be limited to the area, it is possible to retest again because it is...
Take profit on 67516.5 Stop Loss on LL or 65300.0. Bullish.
Hello Trader BINANCE:SUIUSDT.P possible area cup and handle, done confrmation area resistance breakdown. take profit 76% stop loss 15% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
Natural Gas Price Fo#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 03:15 AMEX:UNG Stock Forecast 05:00 USO Oil Stock Forecast 06:29 DXY US dollar Stock...
EUROUSD is trading at Bullish Trend and going for Higher Highs and Higher Lows. Buying price and Stop Loss has been defined.
Hello Trader BINANCE:BTCUSDT.P potential inverted head and soulder, and this morning's position there is a possibility of bounce back the right soulder area. take in the key lev area. take profit 14% stop loss 3% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
Higher prices are promising after backtest on tough support. An informal Butterfly Harmonic Pattern was spotted with the confirmation double bottom.