Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches...
While BTC has had a tremendous run-up during the past couple of days, we may start to see some down that fits into my HTF plan and previous ideas shared. I had hoped for a quick and clean drop however it appears we're taking a slow approach. During the course of the next few days, we should expect hours of range-bound trading which provides the perfect scalping...
BTC passively broke out from the descending channel and confirmed buyers within the 38-37000 range. Continuation of this could lead to a breakout or more resistance from sellers at the upper range of what appears to be a bull flag. A strong daily close would confirm an upwards reversal. FOMO could lead to a complete breakthrough on the initial bounce. On top of...
If the demand support zone holds, AND we get bullish candlestick confirmation from the demand zone, go Long for marked areas of interest - TP1 and TP2
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YOU ARE RESPONSIBLE FOR YOUR OWN TRADING!
AMD is looking to end its year long consolidation and look to new horizons.
* Looking at the weekly or even monthly time frames you can see it's in a clear up trend
* It'll have to brake and close above $94.28 before it can attempt to break through its all-time-highs.
* Very high trading volume likely to push the price higher from here.
$ETH has seen sharp correction from its all time high over $4300 to levels below $2000 now. The current price range is an area $ETH hovered in for over 65 days on its way up to the all time high. Assuming a sense of symmetry is respected, could we see a long period of a range bound sideways market between $1400 and $2000 like we saw during the climb? The video...
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Another stock that came on my radar is apollo tyre.
The stock has been moving in a range for the past 4 months.
Last week its closed well near its highs.
Now if the stock sustains 190 levels on the weekly basis, the stock might test its upper range 240- 255.
And if the range breaks on the upside, the stock could test its all-time highs i.e. 307.25.
Stock has been trading in a range since late March of 2020 and made a clearly defined zone up until Sep 2020, that is now trending again in 2021 from March to current. Currently it's testing 30.75, holding a zone and setting up to break with help from the market being lifted by Earnings Season starting next week.
Upside Target: 31.50 +
Downside Pullback: 29.75, 29.25
There is a possibility of temporary retracement to the suggested support line (1.5510).
. If so, traders can set orders based on Price Action and expect to reach short-term targets."
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
The price has been trapped within this range since December last year. This last week, the price gave a fake break out of the resistance, then closed the week back within the range (forming a weekly pinbar). Within this upcoming week I can expect to see the price drop further down to the support once again around 166.305. Before I take entry on this pair, I'll...
On the weekly chart , the price is stuck between two strong levels and is now moving in a range.
On the daily chart , we see that the price tried to break through the resistance level, but was unsuccessful.
New support levels also failed to act as a strong support zone.
So, the price moves down towards the beginning of the move to retest the support level in...
Looking at the monthly chart , we see that the EUR / USD pair has made a correction, after which the upward movement is expected to continue.
On the daily chart , we see the possibility of a double bottom forming, which could try to break through resistance and establish a new support area before continuing to move higher.
If you like ideas like this, please...
A few days ago. EUR/USD pair made M patter, the price fell down and has already made a second correction with a downward movement.
The support zone was reached and the price moved up to retest the new resistance zone.
Now we can except rejection downward to the support zone.
It could be possible that the price will remain in a range for some time.