Update for GBPUSD. After a breakout of multiple key daily resistances, we see a correctional movement. The price is steadily falling within a bullish flag pattern on a 4H time frame. We see a test of a significant demand zone now. I am waiting for a bullish breakout of its resistance - a 4H candle close above. It will be a strong bullish signal. A bullish...
Just watch price. Analysis of AUDCAD. Price will react on FVG and watching it to go for buyside liquidity
Here I have AUD/JPY on the 4Hr and Daily Charts! Daily Chart- -We see Price outlining a Rising Wedge and with this the First inclination that we could see Price push down further is the Bearish Divergence shown as the HIGHS on the RSI indicator suggesting Bulls could be losing Power! -The High created on Feb. 23rd was followed by a STEEP decline in price!! Much...
Hi everyone, Technical Trader here. Awaiting confirmation on the Daily and (maybe Weekly) to see whether we can fill the Monthly candle stick wick. Price approached the yearly mark (Jan 2014) and was rejected. Clear Channel, but could it break? I've not got a bias on this one just yet, but I will be watching over the next few days.
Currently, the price of the XRP has reached the descending trend line from higher timeframes, which is identified by the highs of April 2021 and July 2023. Additionally, this trend line serves as the upper boundary of a symmetrical triangle. A similar symmetrical triangle pattern has also formed on timeframes from 1D and below, and the price of the asset has...
This is my Intraday analysis on EURUSD for 11 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones,...
Daily/4h time frame analysis on Gold. Price action. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Last week, we witnessed the price of spot gold (XAU/USD) refresh all-time highs (ATHs), comfortable north of the $2,000 mark at $2,195. Markets witnessed demand for the precious metal increase based on a number of factors, which has seen buyers lift prices higher for eight consecutive days. Last week also recorded its largest one-week gain since early October...
Megacap growth stocks like Nvidia have outperformed for years. But traders looking for the trend to change may see more evidence of a shift. Today’s idea considers three charts. The first shows how Nvidia (NVDA) rallied 93 percent this year above its previous record high. It also highlights the big price swing on Friday as the chip giant made a new record high...
H4 Analysis: Analysis/Bias remains the same as post dated 10/03/2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a swing BOS and subsequently a bullish iBOS. We are now trading within a fractal high and internal low. Expectation is for price to pullback to H4 POI and 50% EQ, both of which are located at the same position, before...
FX:USDJPY We have a strong, impulsive move to the downside on this pair and the bears still have the momentum. If price closes beneath the .382 on the FIb we could see a continuation of this trend until the .50 Fib is reached. We have a few rejections at the highs so there is a good chance that we may see a retest this week. We could also see a rejection at...
FX:EURCAD We had a steady uptrend on the 2-hour time frame until we reached the 1.47800 level creating a double top. From that point price reacted with a hard rejection, pushing price to retest the .382 level on the Fib. Price held at that level created a micro support level rejecting again to retest the highs. Once the 2-hour double top was retested price was...
ALGOUSDT is approaching a critical juncture, nearing a key resistance level of $0.2727 on the weekly chart. This analysis explores the potential for a breakout and the support levels to watch in case of a pullback. Technical Analysis: Resistance: $0.2727 (Weekly) Support: $0.2199 (Daily), $0.1594 (Monthly) Volume: Decent Buying Pressure Moving...
📊Analysis by AhmadArz: 🔍Entry: sell:0.758 buy:0.598 🛑Stop Loss: sell:0.788 buy:0.562 🎯Take Profit: sell:0.726-0.687-0.654 buy:0.662 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to...
Considering the prevailing bullish sentiment in the market and the pattern observed on other cryptocurrencies throughout the crypto sphere that have broken out of a prolonged accumulation phase, it can be expected that DCR will eventually follow the general trend and repeat the pattern that we have already seen on many other coins. Decred has been facing...
Looks like we are finally breaking out of the 1.73 resistance that has been holding for just over 2 years now so what next? Looking at the weekly chart buying momentum has slowly been building up around the 1.73 level evident with the lower highs forming and then last weeks huge green candle to push through and close above 1.73. (see daily chart...
** Trading opportunity ** On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months. 3) Support and resistance, price is on...
Weekly Analysis: Bias remains unchanged from last week's analysis dated 03/03/2024) -> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. Price has finally printed a bullish swing BOS Most likely scenario would be for price to pull back following swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has...