SBI cards is at bottom with a positive candle clearly breaking the channel with a positive upward movement confirmed, forming triangle pattern in yearly format
Above is a 1hr timeframe indicating a steady bullish structure of the dollar, upon NFP update, the market bought, exhausted and looks to be in pullback motion to mitigate more buyers. Possible push to demand zone one Tuesday during cpi. Tell me what you think
GBPJPY is looking bearish. Reversal candle in D1 Formation for a descending channel in H4 Looking forward to a risk entry on monday in m15 timeframe. Risk to reward is 1:2
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it in a short time rose to resistance level from support level. But then it bounced from $597 level and fell to support line of channel, after which BNB made upward impulse. After this movement, BNB broke $597...
BINANCE:ALPHAUSDT forms an attempt of the market transition from consolidation to the phase of realization of the accumulated potential within the framework of the uptrend. Key accumulation area 0.500 - 0.0630. The resistance is broken, consolidation is formed above the upper boundary of the range, which hints about the readiness of the coin to realize the...
USDJPY is currently accumulating within a narrow horizontal range on a daily. It looks like the market participants are waiting for some important fundamental data next week to decide where to push the prices. I see 2 potential scenarios. Bullish 151.70 - 152.00 is a key horizontal resistance. Its bullish breakout - a daily candle close above, will be a...
IDK why tradingview tools doesn't include Gann grid. Anyway... i did something similar with Channels. Hope tradingview Add Gann grid. Good luck Guys.
Reasons for bullish bias: - Price bounced from strong weekly support - Price respected channel support - Weekly and daily bullish candle closing Entry Level (CMP): 43.28 Stop Loss Level: 39.56 Take Profit Level 1: 47 Take Profit Level 2: 50.72 Take Profit Level 3: Open
Should find support right around here. If not, I'll probably average down but I'll update this idea if/when that happens. Would consider selling some shares (maybe half of my position) around the 200-mo. EMA, which is also currently close to the top of the channel. Plan on buying those shares back near the bottom of the channel but want to keep some shares...
FX:EURUSD is unfolding within the framework of the downtrend. The price fails to reach the key support and gains a buyer amid the correction of the dollar index. The market is waiting for NonFarm Payrolls Chart on D1 - price has no clear global trend, the market is in neutral flat. A false breakdown of the ascending support line is formed, after which the...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some days ago entered to upward channel, where it first broke the 2025 support level, which coincided with the buyer zone and declined below even this zone. After this, XAU turned around and started to move up near the mirror line inside the upward...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where in a short time it reached resistance level, which coincided with resistance area. After this, BTC broke $71800 level, but soon it turned around and made downward impulse, breaking this level again. Also, price...
Crude Oil set a new local higher high higher close on a daily, violating a key horizontal resistance. It opens a potential for a further growth to 89.0 resistance. I would suggest looking for entries after a pullback. The safest zone to watch is a demand zone based on a broken structure and a trend line of a rising channel. ❤️Please, support my work with...
US30 Analysis - April 2024 Overview: The US30 index is currently showing signs of upward momentum, poised for a potential breakout if it surpasses the resistance level at 38749.14. However, there's a notable bearish sentiment with significant downward pressure, particularly evident around the 38022.02 level. Trade Opportunities: 1. Breakout Scenario: - If...
Impulse is done, so here we go for a big fall... How big the fall will be? Well, it depends on what has been completed by the done impulse...
STX is on its third cycle within a descending parallel channel. Channels tend to break at this point. However, STX has shown a tendency to hesitate at 1W support/resistance lines, but not to fully reverse until a 1M or greater line. The breaking of the current long-standing rising 2H support in red indicates retail traders are likely to sell short-term. Red:...
WLD is trading in a large parallel ascending channel on the daily timeframe. The price broke out above the upper trendline of the channel and retested it from the outside. This confirms the bullish breakout and suggests that the price is likely to continue to rise in the near future. The parallel ascending channel: The parallel ascending channel is a bullish...