Hello guys, Another simple trade setup is here for you. BTC chart is making an inverse Head and Shoulders pattern here. We will take an entry if break and retest the indicated red area. will update TP & SL soon. first I need it to break and retest my preferred area. For now wait for Inverse H&S pattern to be complete.
Hello,Friends! We are now examining the NATGAS pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.967 level. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.077. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.083 level. P.S Overbought describes a period of time where...
NASDAQ:WULF Another one in the series of, “using sunlight photon beams to mine bitcoin”. This is the epitome of harnessing sunlight
This scenario is VERY tricky, let me explain why it could go either way, drastically. I'll separate the bull/bear ideas. The nasdaq looks like it could bounce off the BB bottom for a decent recovery, but, it's to see what happens tomorrow. Reasons for Bull Rally This month inflation report is cooler. With a lower CPI, markets will anticipate a 50 basis...
SRM is showing a great amount of accumulation and if this level holds then we should see significantly higher prices. Whoever is buying this should look to accumulate at this level for the next few days/weeks, when resolution comes and the accumulation period is finished then this asset could really explode. Having said that, it is a previous FTX token that...
PYTH completed a type 2 return at a 0.886. Not the most formal harmonic but this has all that you look for when trading these patterns. Local level acting as support on the type two, clear exit points. Good luck.
Etsy is backtesting a massive historical level after springing above it following a false breakdown. The false breakdown also completed a bullish shark at the 886 on the weekly. Full pattern and targets shown below.
UA completed this bullish harmonic over 8 months ago. It hit our first tp of the trade set up before falling below the key level where we were stopped out. We do not have an open leveraged position on this asset but we are accumulating it at these levels as it has turned bullish again. The spring back above the key level and the backtest that has occurred...
Hey Traders, In the coming week, we are keeping a close eye on USDJPY for a potential buying opportunity around the 148.800 zone. USDJPY has been following an uptrend and is currently experiencing a correction phase, bringing it closer to the support and resistance area at 148.800. Adding a fundamental layer to our analysis, it's important to note the recent...
after a long time of overthinking things about trading patterns, reading the news of world, using multiple patterns in different times of the chart etc...i have literally just looked at the charts as simple as i could...in all honesty a simple trendline, support and resistance with common sense is all you really need...sure as we all know investments are a...
Bitcoin LONG trade on 1H chart based on the support resistance, for last couple of trades, BTC's both support and resistance got rejected multiple, however we can see a strong support compared a weak resistance. If the price continues to play like this we can see a sudden jump in the bitcoin Price. BTC entry: 26950 - 27000 Stop Loss: 26686 Take profits at...
Hey Traders, In today's trading session, we are closely monitoring USOIL for a potential buying opportunity around the 74.70 zone. USOIL has been exhibiting an uptrend and is currently undergoing a correction phase, bringing it closer to the support and resistance area at 74.70. Adding a fundamental layer to our analysis, it's essential to consider the ongoing...
✅GOLD is trading along the rising support And as the price is retesting it I am expecting the price to go up To retest the supply levels above at 2025$ (use small lot size) LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some days ago traded near the resistance zone, which coincided with the 1.0915 resistance level, after which the price rebounded and rose to the trend line. Then price bounced from this line and started to decline inside the downward channel, where it in a short...
Here is our detailed technical review for GOLD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2028.835. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2035.970 level. P.S We determine...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.86700 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.86700 support and resistance area. Trade safe, Joe.
Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 43306. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 45000 level. P.S Overbought...