FX:EURGBP seems to be leaving the bearish channel. We can see multiple signals that confirm there's a possible trend reversal coming up, leaning to bullish: Strong signals 1. The chart retested the strong support area around 0.8866 2. There's two higher lows (HL) a third one would me the confirmation even stronger Weak signals 3. The chart is grinding the...
A power move with really big targets by the bulls could be incoming for this pair. But they need to break 1.3330 - 80 first as I think this is key for such bullish scenario.
I was watching for the market to hit 7.0 but it undershot the price and rallied, which I think is a good sign. Now we are finding support at 9.0 which was a previous inflection level. Where to next? If current candle closes near its high (bullish candle), I'd bet we would see at least a small leg up. If buyers got the strength, we should see a re-test of...
Really nice looking chart on this coin. Respecting the levels so far and looking bullish with a potential higher low forming right now. Let's see if we can form a higher high from this price. Not a really good enough probability bet (for me) right now but if buyers break 0.45 (on a daily closing basis), things could get interesting...
It's possible this pattern plays out bullishly as a Bull Flag, there's a noticeable divergence on the RSI, we've seen higher lows in the RSI but the share price has basically chopped sideways. On the KST there's been a bearish cross.
Eurusd is in a strong uptrend on the Weekly and daily timeframes. i am looking for a buy when price touches the weekly and daily timeframes.
It appears as though DKNG is breaking out of a bull flag, very interesting bullish cross on the KST. The first green finger on the KST back in April is what we want to see happen again, not like the red finger icon in July which basically resulted in choppy trading. Higher lows on the RSI and it's looking like a higher high is going to occur in the near...
Hi Everyone, This is my analysis of NYSE:BKD . It has been in a accumilation phase and make higher lows. We have clear divergence on RSI and MACD plus we are at a support line. With good R/R we have targets to the top of the range and above. This is not financial advice and it is only meant for education. I am not responsible for any loss you have from trading...
NASDAQ:ROKU Hard to tell if ROKU will make the leap higher, but it didn't happen today. It does have a chance next week to rip higher. If this higher low sticks, then we can see ROKU fall further starting next week.
Evening Traders, Today’s Analysis – AUDUSD – trading in a rising wedge pattern at key structural resistance, a break bearish is plausible. Points to consider, - Consecutive higher lows - Strong structural resistance - Technical target (local support) - RSI and Stochastics lower high projection - Volume influx needed AUDUSD has been putting in consecutive higher...
GBPUSD is currently trading within an ascending parallel channel. Previously, we managed to breakout of the descending trendline and a pullback to retest it is expected. Furtheremore, the 0.618 Fib retracement level, appears to correspond well within the trendline location, as well as the outlined historical S/R area.
CADJPY looks to be making a series of Higher Highs and Higher Lows, could we see a push to the upside this week?
Bitcoin price structure continues to favor a push to higher prices. Although the 7300 level has not yet been cleared, the fact the price continues to flirt with resistance is a sign of strength based on the criteria that we evaluate. UNTIL the market confirms a change in the balance of order flow, we will continue to look for strength. In this video I explain what...
This is a follow up on my previous post. We managed to break below our support from the wedge consolidation on the 15m timeframe and currently we find ourselves in a parallel downward channel. The fundamentals helped push the price lower in a short period of time as the indexes opened really low on the US session, and as we all know, for the past month or so,...
Eurusd has been struggling to break above the 1.12 key level I am simply awaiting a retest of the previous HL at the 1.1095.
Hello Traders! Exciting update today on LINKBTC which is looking quite bullish forming a symmetrical triangle in a blue sky breakout Points to consider, - Trend putting in consecutive higher lows - .236 Fibonacci – Local Resistance - 50 Moving Average, holding support - RSI travelling into wedge - Stochastics in lower regions - Volume declining LINKBTC...
Consistent higher lows since summer 207 Bear channel since April 2019 beginning to break Declining volume on bear channel Double bottom with bullish divergence on both RSI and MACD Fundementally: Strong performer during bear market Real world use case Meme that binance will rule the world is no joke Binance to top 5 next bull run, possible top 3.