USDCHF looks quite overbought after a test of a key daily horizontal resistance. As a confirmation, the price formed a double top pattern on a 4H time frame and violated its neckline. I think that the pair may test 0.8993 level soon. ❤️Please, support my work with like, thank you!❤️
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics. BUY NOW
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 MPC has been overall bearish trading within the falling channel in red. 📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high. 📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break...
COAL INDIA LTD Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 560+. ✅Can Go Long in this Stock by placing a stop loss below 412-.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level to 46550 level.also...
Hi guys It seems that the two price areas that we have identified are very low risk for buying. According to the issued divergences, the possibility of a downward trend should be considered. Interestingly, this cryptocurrency does not have any resistance range after the price area of $20.4! What do you think?
Hi guys Note that the analysis is on weekly and daily time frames and a medium-term trend is considered. It seems that considering the maintenance of the support area of $0.2719 and the consumption of the resistance areas, the areas marked for buying can be attractive. What do you think?
Hi guys The compression of the downward trend is very attractive. It is possible that we will have a sharp upward trend by breaking the downward trend line and exiting this compression. Marked price areas are low risk buys. We enter the first step with a larger volume. The bullish scenario is valid if the price area of $0.886 is maintained. What do you think?
Hi guys In the medium term, if the resistance range of $6.34 is completely consumed, the possibility of continuing the upward trend and seeing higher areas will be strengthened. In the weekly RSI time frame, it is in the saturated range. After the specified resistance range is consumed, we can check the entry points more carefully. What do you think?
Good evening gold gang! its been a while .. ive had nothing to report as price has been so bullish. We are currently wayyyy out in space. No clue on whats gonna happen .. we just have to wait for price to come back to a probable zone in order to make informed decisions. There may be a gap at open .. lets see if that gaps down or not. If it does .. we can mark...
🔍Today, I'm analyzing AVAX, which is currently consolidating between the levels of $58.40 and $47.72 after an upward move. Presently, it's hovering around the support at $53.12, approximately the midpoint of the range. ⚡️Following a fakeout above $58.40, the trading volume has gradually decreased, indicating ongoing consolidation. 📉For short positions, the...
Exploring the technical landscape, our focus shifts to Eid Parry India - a stalwart in the agribusiness sector. Let's delve into the pivotal factors shaping this enticing scenario. Reasons are listed below : Eid Parry India has revisited the critical level of 630, marking its all-time high, and is now positioned to potentially break through this significant...
This stock looks good for a swing trade. Reasons are stated below : 1566 levels acted as a resistance but the price broke that level and now its retesting the same. Formed a morning star pattern on daily time frame. 0.5 level Fibonacci support. 50EMA support on daily time frame. target - 1950 stoploss - 1508
USDCAD formed a nice double top pattern after a test of a key horizontal resistance on a 4H time frame. With the release of the yesterday's US fundamentals, the price dropped and violated a neckline of the pattern. It is a strong bearish confirmation. We can expect a downward movement at least to 1.35 level now. ❤️Please, support my work with like, thank you!❤️
Detailed analysis of GBP/USD: Recent Performance: GBP/USD has shown a significant rebound, surpassing the 1.2700 level after touching its lowest point in two weeks below 1.2670 on Tuesday. This movement suggests a certain degree of short-term resilience, but the future direction remains uncertain. Investor Sentiment: Investors appear to remain cautious about...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
Good evening and i hope you are well. sp500 e-mini futures bull case: Bulls got the more up but barely. The high today was 3 points below the ath and that qualifies as a double top. Do we trade down from here? I don’t know. If bulls can keep it above 5300, it’s as bullish as it gets. Many support lines below on the chart and bears not doing enough to make...
In this live trading video,we look at the underlying concept behind our OE basesd strategies,why actual reward:risk is more important than Expected,how to select your trades and our Q1 performance review on our 100k traders challenge account. The concepts and ideas in this video can be cross transferred onto any strategy.