Hello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 14 years the nasdaq has been trading in a super obvious bullish parallel rising channel. In the beginning of 2023 we had another retest of the lower support which was followed by a +65% rally. If the Nasdaq rejects the current resistance towards the...
Balrampur, took support at base and now ready for next move we can see 420/444 and max 495 levels next hold with small stop loss of 385 on day close basis
FTM broke out of the descending channel to this horizontal I have marked. In order for me to get bullish short-term a retake of the real line is needed. The stochastic RSI has been expanding to the upside which is bullish. A possible third wave to the upside could occur. My short-term target is 42 cents, if we bounce from there we could get back to momentum trend.
I posted earlier a very bullish forecast for USDCHF. Now, I am patiently monitoring a 4H time frame on USDCHF to buy the pair with confirmation. I see a horizontal trading range. Our bullish signal will be a 4H candle close above a resistance of the range. A bullish continuation will be anticipated then. ❤️Please, support my work with like, thank you!❤️
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a not long time ago rising in an upward channel, where it broke the 1.0925 resistance level, which coincided with the seller zone and soon reached the resistance line of the channel. But then EUR turned around and in a short time declined below the 1.0925...
I hate to be the bearer of bad news but if we close below R169.00 on a closing basis I think African Rainbow could well trade much lower to a target of approximately R136.00. Not only is it currently losing a very important level of uptrend support but the R169.00 level has been an important pivot of resistance and support previously. Although the Head & Shoulder...
EURUSD may soon overcome the boundary in the form of support. Against the background of the downtrend, the price is forming a retest of support after a false breakout of resistance. This may be a strong signal for further price decline to 1.06655 Reasons for further decline: 1) False breakdown of resistance on the background of the downtrend 2) Strong dollar...
Hi folks today I'm prepared for you Swiss Franc analytics. If we look at the chart we can see ho the price some time ago rebounded from support 1 and in a short time declined to the trend line, breaking support 2, which coincided with the support zone too. But soon, CHF rebounded from the trend line and started to rise in an upward channel, where the price rose to...
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USDJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
Bonk is in extremely huge bull market, as you can see on the chart. I expect another pump because market never ends its uptrend in such way. We want to see a bearish divergence on the weekly chart first. if you buy now, a 500% Profit is really likely. We need to complete wave (5) to finish this uptrend. Let me know what you think about my analysis, and please hit...
We can see that HNT Is starting something very big. The downtrend ended with a descending parallel channel, and now we are in a brand new uptrend. The WXYXZ Elliott Wave corrective pattern has been completed, and we have already started a new impulse wave. What about the volume indicator? We have an elevated bullish volume, which is very important and confirms my...
Following Friday's CPI revisions, GBPUSD showcases a clearly defined channel, accentuated by a false breakout on the upper channel during Monday's early session. Anticipating a short trade post-breakout of the lower channel, I'll be vigilant for entry signals on lower timeframes, seeking confirmation through the following confluences: Bearish Price Action ...
An uptrend is expected to form up to the specified resistance range. Then, according to the behavior of the price in this range, the continuation of the movement process will be according to the specified paths
Hi COINEX:BTCUSDT ✅Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a Mid-term view of Bitcoin regarding the technical analysis. (Please ✌️r espectfully ✌️share if you have a different opinion from me or other analysts). ➡️ Chart is speaking itself. According to the theory of Elliott waves, Bitcoin seems to have...
It's clear that with a massive overbought RSI on the daily and the 4h charts, Bitcoin's fate for the following weeks is to cool down and to consolidate, giving room to altcoins to start moving up. Is it the start of an alt season? I think so. Until the consolidation ends and bitcoin starts moving up again.
Here I have EUR/GBP on the 4Hr Chart! Price seems to be stuck in Consolidation but with a closer look, there tends to be a slight Rising Channel in the mix!! I suspect Next Week (Feb. 11th - 16th) we will see massive movement in this pair simply because of how heavy GBP is with news those days! Now initially this looks like a potential Bear Flag to me with this...
After further analysis it looks like HOOD is going to attempt to break out of this channel. A bounce at the median range of this channel with a continue upward pointing stochastic RSI is bullish. OBV is still within a long term channel as well. This is one of the weaker charts out there, as investors search for value in an overheated market, plays like sofi, hood,...