🏃♂️ USDCAD is moving in a Descending Channel and is currently near the Uptrend line and🟢 Support zone(1.3704 CAD_1.3618 CAD) 🟢. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect USDCAD to rise to at least 1.384 CAD after breaking the upper line of the descending...
GBPCAD broke and closed below a key daily structure support on Friday. The broken structure turned into a resistance. Today, we see its retest. The price formed a tiny horizontal range on that on an hourly time frame. Its support violation is a strong intraday confirmation. I already shorted the pair. Goal - 1.6966 ❤️Please, support my work with like, thank you!❤️
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance area and made a little movement up, after which started to decline in falling channel. In channel, BTC first fell below $69250 level, but soon backed up and later reached resistance line. Soon, price turned around and made...
Butterfly Harmonic Pattern Formation: SHIBUSD is currently displaying a formation of a Butterfly Harmonic Pattern, indicating potential bullish momentum in the near future. This pattern is characterized by distinct Fibonacci levels and specific geometric shapes. Trendline Confirmation: The pattern is further validated by the presence of a trendline, adding...
Greeting ladies and gentlemen. Let me share with you my humble opinion about the bitcoin market. I've suddenly bought 52 BTC with average price of $63666 on futures (check my bio for youtube video) and here are my reasons for it. I've checked such BTC charts as 1 day, 1 week and 1 month. So I've found a nice Bullish pin-bar with volume on 1D. There is also a...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Need an impulse up here to complete the wave 5 of this bullish variant.
Logarithm. Time frame 3 days. Rising channel. The chart shows key support/resistance levels for working in a local trend. Code zone 273 or synchronization specifically with the price of $ 27,3 00—this is the main key break zone of the downward trend. We are now in the zone of the previous distribution of the 2020-2021 cycle. Scale for understanding.
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a not long time ago entered to downward channel, where firstly it broke the resistance level, which coincided with the seller zone and rose to the resistance line of the channel. Next, the price turned around and soon fell to the seller zone, but later...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price traded near $2030 support level, which coincided with support area and even declined below. But later XAU turned around and in a short time rose higher $2030 level, breaking it, and continued to grow in rising channel. In channel, price...
That was quite a boring week for Dollar Index. The market was stuck within a narrow horizontal range on a daily. Next week, wait for a breakout of the range. Bullish breakout of its resistance will be a strong trend following signal, while a bearish violation of its support will initiate a correctional movement on the market. Next key resistance - 106.85 Next...
Hi guys! As always, im looking for macro trends/ signals and critical movements/ developments in the markets. What caught my eye is PAYX. Today it gets the focus as it had Q3 revenue miss and its down 6% pre-market. With panic coming in, ill go over technical developments and the big picture. Lets jump in. We are in the 1 week timeframe (note this weeks candle...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURJPY has been overall bearish , trading within the falling flat wedge pattern in red. Currently, EURJPY is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a demand zone marked in green. 🏹 Thus, the highlighted...
Hi folks today I'm prepared for you Ripple analytics. A few moments ago price started to decline in a downward channel, where it at once rebounded from the resistance line and in a short time declined to the trend line, which is the support line of the channel too, thereby breaking the 0.6435 resistance level. But later, the price turned around and rose to a...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago broke the 68100 resistance level, which coincided with the seller zone and even later rose higher this area. After this, BTC rose a little more, then turned around and started to decline in a downward channel, where it fell to the 68100...
EURUSD is currently in a bearish trend within an expanding wedge pattern. However, there are signs of a potential bullish reversal as the price recently tested a key daily wedge support and formed a falling channel pattern. The price has now broken above a resistance line of the falling channel pattern, suggesting a likely continuation of the bullish trend....
I see a nice bullish SMC confirmation on GBPUSD after the release of UK fundamentals this morning. We see a perfect example of a bearish inducement, followed by a confirmed bullish imbalance. I think that the violation was a trap. We can expect growth at least to 1.2458 ❤️Please, support my work with like, thank you!❤️
FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop...