🌟The USDJPY is in a Bullish phase by ⤵️⤵️ 🌟 Bullish signals are: - Bullish Cup & Handle - Bullish Pennant - Dynamic Support zone - Pivot R1 monthly - Ascending Triangle - moving EMA 20 50 ✅TARGETS: 142,148 ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles from bottom Of the PRZ zone , this analysis of ours will be failed. ⏮️Previous...
AUDUSD is currently on wave E of sub-wave 4,a bearish movement is expected as sub-wave5 of wave C this upcoming week from one of the blue lines completing Sub-wave C on wave B
A bearish pennant starts with a noticeable downtrend in the price of an asset, like ADA. After the initial decline, the price enters a consolidation phase where the daily price ranges become narrower, forming two converging trendlines. This consolidation indicates decreasing volatility and a potential continuation of the downward trend.
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A few days ago price bounced up from support area and made upward impulse to resistance area, thereby breaking two resistance levels. Next, Ripple tried to fix in resistance area and continue to grow, but after fake breakout up price bounced and started to...
In the following video I've provided 3 scenarios in which I would look to take part in any trades. The first of which is quite simply a higher high will produce another higher high. Both scenarios afterwards are reversals. If price throws indecision in the correct direction, it signals a reversal. The daily close today will suggest a lot at yesterday was...
Global foundries shows a harmonic shark pattern with a Close below 61.14 activating T1 target @ $54.75 Break the 0.382 fib zone at the sloping trendline activates T2 target @ $48.40 T1 target @ $54.75 T2 target @ $48.40
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see how price bounced up from 1.0790 level and made upward impulse to seller zone, thereby breaking one more resistance level. Later, Euro started to decline, bouncing from seller zone and making strong downward impulse below support area to support line. Also, price entered to...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few days ago price bounced down below $26830 level, but soon started to grow inside from rising channel. In channel, BTC broke resistance level again and even made fake breakout, but later started to fall. When Bitcoin fell to support level, thereby exiting...
Bullish pennant for OPHR on TSX. Not confirmed yet. Gold company, mining industry. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 but barely 3- R/R ratio above 5 4- 250RSI above 50 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- Post formed with volume 9- Descending volume during pennant forming Cons: 1- Figure is not...
Bullish pennant for RML on TSX. Not confirmed yet. Mining industry has been on an uptrend for some time now. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 and climbing 3- R/R ratio above 5 4- 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in may 2023 8- ATR climbing, more volatility 9- Post formed with volume 10- Descending...
Looking at a bearish pennant, target at circle. Will the blood continue?
Bullish pennant for NILI on TSX. Not confirmed yet but metal for batteries is a hot topic right now. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 and climbing 3- R/R ratio above 5 4- 250RSI above 50 and climbing 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- ATR climbing 9- Post formed with volume 10- Descending volume...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Bounced up from support area, price start to rise close support line and reached $1.1095 point. Also, Euro entered to pennant, but price started to decline and soon fell to area, thereby exiting from pennant. Later price broke support level and fell to support...
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A few days ago price trades close suppot area $0.4190 - $0.4135 and later bounced up to resistance level. Also, Ripple entered to pennant, where it broke resistance level and then made correction to this level. Later price bounced up from support level and...
Larger Pattern - Triangle and Upside Risk NASDAQ:RUM In the making now for 5-6 months. Projects to ~$14.50 on a bullish resolution but would need to give it up to 6 months to achieve that level. Assuming this target is achieved then the overall downtrend line originating from the all-time high becomes the next technical target which is above $15 and declining...
Trade Idea: Buying Gold Reasoning: • Weekly – Potentially forming a Morning Doji Formation (Bullish) • Daily – Bullish engulfing candle yesterday (Bullish) • 4hr - Price action above downward trend resistance and Ichimoku cloud (Bullish) • 1hr – Forming Bullish Pennant (Bullish) Entry Level: 1964.745 Take Profit Level: 1983.725 Stop Loss:...
We can see price breaking out of a bearish pennant, resulting in a solid move down, retesting first, going down again and now going for a potential second retest of the previous support which now becomes resistance. Looking for continuation to the downside. Fundamental backup as the average analyst price target is 180$ a share which is about 20% lower than current prices
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 When price broke support level and area, it declined to $1.2465 point and then bounced up to area. Next British Pound continued to decline inside from falling channel, where it broke $1.2395 level and fell to support line. But at once, price bounced up, made...