GBPJPY, after recent massive bull run, GBPJPY is now trading in range and perfectly testing the lows and highs of the range. Ranges are best in a sense just buy the support and sell the resistance. Currently the price is at support level and seems like a fine buying opportunity.
EURCAD is range bound. Ranges are good thing to play with , just buy the low and sell the high. What you people think of this idea?
Hello 🐋 based on the chart, the price stick in the range market cycle and it is temporary 💡📖 beside it is close to the descending channel resistance and resistance area and breakout of support to the downside happened 📖💡 for any other huge pump, we need more correction to the downside ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the...
At the start of February, SPX saw a number of "affirmations" that the uptrend was underway: 1. broke up and continued to trade above it's longer term trendline resistence 2. traded above its 200 day MA since 24th Jan 3. followed by a Golden Cross on 1st Feb However the month of February began to see momentum evaporate as the index began to pullback below it's 20,...
Hello 🐋 Based on the chart the price is close to the channel resistance and possibility of the retest to this area ✔️ and we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your...
SP500 Weekly Forecast Analysis 3-7 Oct 2022 We can see that currently the volatility is around 4.38% for this week, decrising from the 4.58% from the last week. Currently there is around 24.3% that the asset is going to close either above or below the channel: TOP 3757 BOT 3430 The current volatility percentile is around 89th, placing us in a very risking and...
BTCUSD Weekly Forecast Analysis 3-7 Oct 2022 We can see that currently the volatility is around 10.02% for this week, rising from the 9.61% from the last week. Currently there is around 31.7% that the asset is going to close either above or below the channel: TOP 20900 BOT 17230 The current volatility percentile is around 70th, and in this situations in general...
GBPUSD broke out of a minor range and headed south, essentially reversing the course of a short-term bullish trend. Overall, the market is still seen trading within a range between 1.3960 and 1.3610 and it is most likely to continue heading down towards the bottom. We can also see a symmetrical triangle forming so the rebound from the bottom may take place a...
Hey guys, As you asked about the SHIBUSDT, this market is in range right now and probably it will remain at this range for the following days. There are 3 things that we've to consider about this chart: 1. Price moves up and down between a support and resistance area (Range market) - It specified on the chart 2. The previous bearish trend 3. Bullish divergence...
Novavax has tested its multi-decade supply area of 240-260 with no monthly closes above 260 since 2001. Last week we tried to break out above the weekly range between 173 and 225 but failed. Many bulls are now trapped in poor positions from 240. My expectation is if we break below the gap down on the daily(186) and test last weeks low (177)and close near or...
NZD/USD is possibly in a Distribution Phase after a long Bull-Run. The time to SHORT/SELL a pair can be NEARBY. Short/Sell NZD/USD is recommended once the Range Breaks Downwards. A safe SHORT ZONE could be 0.68550 Possible Targets could be 0.67130 and 0.64700. Stop Loss is not given yet because the Price is Still In Range and TRADE IS NOT INTACT YET....
BTC after breaking out its trend lines, and the neck line of its head and shoulder &.. falling out between two important ranges which is going to be range in that area. (30000-47000) look out the 35000-37000 the first target of head and shoulder. market is so cute
Hi guys today ill be showing you the bird's view. This is my favorite analysis to see the overall direction of the market. As you can see I'm using 1hr charts my higher timeframe to see what is happening in the market. The market is ranging and there is a nice buy set up to me. Hoping i can secure a break even before the market turns against me. See yah next week...
Deep Gartley Pattern that completes at X is my favourite setup, this setup has 2 other advantages 1) The PRZ converge at the same price. 2) It completes at the tip of the range.