Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago rose a little and then made a strong downward impulse to the support level, which coincided with the buyer zone, breaking the 1.0740 resistance level. After this movement, the EUR turned around and started to rise inside the upward channel,...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined to support level, which coincided with support area, and then started to trades in wedge. In this pattern, Gold made upward impulse from support line to resistance line, breaking $2390 level. But soon, it turned around and declined...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to rising channel, where it reached $3445 level, which coincided with resistance area. Soon, price broke it and rose to $3728 points, exiting from channel and starting to trades in wedge. Inside wedge, price made downward...
Looks like a correction almost done. There's also a chance for a truncated fifth or a double bottom here stopping at the VWAP: It all depends on how btc moves from here. In case of a new low I'd be looking at the lower 1.3x$ range: with the possibility of a liquidation event sending us towards the macro POC currently sub 1.20$.
Pink channels breakout target is 13.232 *not financial advice*
Bitcoin had been forming a rising channel for quite a few days here which is seen best on the 4hr chart timeframe. I chose to show it on the 1day timeframe though because the channels breakdown target just so happens to align with the daily 50ma(orange line). It would make a lot of sense for it to retrace to the 50ma and attempt to retest it as support. Of course...
The community indicator and editor favorite "auto chart patterns by trendscope," is like the most convenient and intrepid practical indicator to find lines on chart without drawing in excess only to need to remove the lines all over again. Wow, this by Trendscope indicator is top shelf.
Hello Traders. First of all, This is my personal opinion, always do your own research, Not Financial Advice! As you Can See, FRR was in a Descending Channel And After Breaking The Bottom Of It, It Reached The bottom Of The cloned channel Just Yesterday. So, As You May Know, The bottom Of channel is The Support Zone, And It Could Goes Toward The Middle Of The...
Here I have the DXY on the 4Hr Chart! For the past 2 weeks, Price on DXY has been steadily falling! With our Highs and Lows marked, we can see that Price is outlining what looks to be a Descending Channel! If price continues to follow down this channel, I suspect that the ( 105.53 - 105.025 ) Support Zone will be the area price will Most Likely find support to...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to wedge, where it at once bounced from support line and little rose, but then started to decline. Price fell to resistance area, after which bounced up to resistance line of wedge and then in a short time declined to support line. Also,...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price declined to support level, which coincided with support area and at once bounced up. When BNB reached resistance line, it turned around and in a short time declined below $537 level. But then, price turned around and started to grow...
An ascending channel pattern has formed on the daily chart of the EUR/USD currency pair. This followed a long period of bearish trend for EUR/USD. The pattern can be used for a downside breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line....
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.
A potential rising channel might form within the bigger descending channels (pattern within a pattern), the potential rising channel if completed to a touch by the top trendline will confirm a signal of price moving lower towards the 90% Rule. Price from there on might shoot upwards or continue to move lower.
Tesla Long story short !!! we may see small pull back before the last wave is formed
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking above the $127 resistance, USDJPY has been going up in a parabolic manner. How high can USDJPY climb? The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of: 1- $160 round number and weekly high/ 2-...
If you find this information inspiring/helpful, please consider a boost and follow! Watching these paths if we continue down and break 3071 impulsively.
AMD is now on the lower end of the upward channel and sits right on the daily MA-50. If you believe it will go up, then this is the perfect entry. If it drops out of the channel and below the MA-50, then it's time to go short.