Hello Traders ! On The Daily Time Frame, The NZDUSD Price Reached a Strong Support Level (0.58138 - 0.57406) The Price Formed an Inverted Head and Shoulders Pattern. Currently, The Neckline is Broken. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 0.61030🎯
I just bought puts as shown. This is a strong pivot point. I think is going to pull back at least to the next support at 75.35 within a week.
Hello Traders ! On Tuesday 14 Nov, The CHFJPY Price Broke a Resistance Level (167.890 - 168.422) The Price Pulled back To Create a New Higher Low 📈 So, I Expect a Bullish Move. i'm waiting for retest... ----------- TARGET: 170.230🎯
On day chart Render Token hit Supply Zone that is also the 2.0 Fibo Channel in my last idea. First sign, RNDR failed at 2.6 and can pull back to Support around 2 this zone is good to join You can trade on lower TF Wait for next move
GBPNZD under market pressure is declining towards the support within the formed range. On the background of the rally, there is a high chance to see a bounce from the support before further decline. Prerequisites for a rebound and for a fall: 1) We have a downtrend forming within a bearish price channel 2) False break of resistance indicates buying weakness, the...
Price has finished consolidating and is starting to break up. Good pullback to enter in a long position, with the weekly + daily+ 4hr up trend. Target next major resistance zone.
US Equities could be on a leg to the downside backed up by 3 weeks of heavy selling. Not quite, but almost a double top.
On week chart Chainlink Unstoppable! After breakout Descending Trend Line and keep going up to 16.6 before pulling back now. Chainlink has signals RSI Overbought, ADX > 30 for strong strength. Pullback is good time to join the race with LINK. In my view, LINK can reach to at least 18 and further 27 Time will tell
If Shiba cannot pass this area, which is an important resistance, it will go down with a lot of momentum and then go up, then the possibility of a very fast pullback to the bottom is not out of mind...
From a technical point of view, the trend is bullish on intraday chart, but at the same time it should be logical to appear some corrective structure. the pair is currently approaching a very important resistance area. Trade with care Like | Share | Comment
Hello Traders ! On Friday 20 Oct, The AUDCHF Price Reached A Support Level (0.56345 - 0.56070). The Resistance Level (0.58100 - 0.58332) is Broken and Becomes a New Support Level. The Resistance Line Line is Broken. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.58790🎯
Hello, traders and friends. Let's analyze the GBPJPY 1-hour timeframe chart and explore a potential buying opportunity in this pair. Yesterday, the price successfully broke above a Daily bearish channel that had been pushing the price lower since August 21st. This impulsive breakout to the upside suggests the potential for the price to move higher, possibly...
As We Talked in The Previous Analysis: The GBPJPY Price Reached a Daily Support Level (180.750 - 180.093) and Broke The Resistance Line Currently, The Price Created a Rectangular Range. The Upper Resistance is Broken and Becomes a new Support Level. The Price Created a Correction and Touched The Support Level! and Now it Will Continue its Bullish Movement...
Hello Traders ! On The Daily Time Frame, The EURGBP Price Reached A Strong Resistance Level (0.87348 - 0.87190). Currently, The Price Failed To Create a New Higher High. The Last Higher Low is Broken (ChoCh). The Support Line is Broken. So, I Expect a Bearish Move📉. i'm waiting for retest... ----------- TARGET: 0.86260🎯
Following from last week hectic week of news events, we had a nice end on NFP friday giving us a clear indication on what price wants to do. As you can see the dollar has been ranging on the higher time frame, generating liquidity and testing new possible highs however failed to do so. Scenario (A) - We have a strong bearish candle breaching the low of the range,...
(Scalp-Long targets w/ pullback, SL & TP For ETC based on a Daily (algo) Trendline bounce. Expected pullback target possible. Always look both ways when crossing the street. #NFA
US500 (Daily Chart) I'm expecting a bounce to ~4260/70 area. Here's why. Looking at the AVWAP (Blue lines) from the January 2022 highs and October 2022 lows, we were bound to see some level of support here. I've been saying this for some time now that we'll reach at least 4100. Given the strong confluence of support around this area (the AVWAP and the...
Hello,Traders! GBP-CHF absolutely collapsed And was super oversold so No wonder it rebounded Just as quickly and powerfully But now the pair has reached A horizontal resistance level Of 1.0929 from where I think We will see a local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!