The price action consolidated above the 50-day MA (in green) and then broke out above the 23.6 per cent Fibonacci retracement level at 0.75508. After the AUDUSD jumped past that crucial threshold, it also probed the 100-day MA (in blue). Presently, the bullish momentum appears to be waning just below the Distribution area (in red). Notice that the 38.2 per cent...
Gold is showing us a really nice looking monthly inverted head and shoulders pattern which target would bring it to new all time highs Check out my Inverted head and shoulders analysis on Ethereum back in 2020 november which did hit the targets
TA on multiple time frames indicate that AAVE has hit a resistance and will now pull back somewhat.
Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated Follow up on #AUDUSD with the last week, NFP came slightly negative for the dollar as average hourly earning wage growth came at 0.3%, the bond yield keeps on falling, I expect the dollar to weaken more. as you can see we have on the chart RSI...
The AUDUSD pair is currently testing a head and shoulders reversal pattern with huge potential. I've broken the analysis down into points likewise marked on the chart. 1) Head formed and is clearly defined. 2) The left and right shoulders are well formed. In general this is a well formed H&S pattern. A well formed H&S pattern such as this one, has...
AAVE, currently on rising wedge and possible completion of head and shoulders.
We broke the neckline and retesting it now.. trade is risky but worth a go using proper risk management.
Inverted Head and Shoulder. break of downtrend trend line. fib for early entry
Head and shoulder breakout, retest neckline and possible continue downtrend
Hi, this is my first chart ideas. I'm still new, and still learning for more. In my opinion On this chart, BTC trying to complete the Head & Shoulder Pattern and in the same time broke the rising wedge pattern to confirm the price action will be more bearish for short term. The target for complete H&S is around $25k , and the target for rising wedge broke down to...
Profit Booking Area is Mentioned in the Chart DYOR Before Entering Any Trade
get close to the target