⚠️ This is just an analysis. If you feel it helps you and this analysis is correct, you can enter the trade at your own discretion with the appropriate volume and SL.
In my opinion I can see BTC going one of two ways: ---> We continue to rally having bounced off our Rally - base - rally support zone. With further support by the green rectangle pushing towards the next Supply zone. ---> OR... We lose the rectangle diagonal support, drops down towards the lower side of the rally, base, rally demand zone. Then confirm this key...
WTI Crude Oil was consolidating for quite a long period of time within a horizontal trading range. Its support was broken today. It may push the price much lower. Taking into consideration that the market is trading in a long - term bearish trend, I will expect a bearish continuation to 64.0 level. ❤️Please, support my work with like, thank you!❤️
AUDCHF was previously in a bearish Trend and then it showed a bullish divergence and market went side ways (accumulation phase) and now that Rectangle is broken indicating the start of a bullish phase.
USDCAD is trading in rectangle channel above the lower trendline 1.33020. MID: 1.36379. Break above 1.39777, targets: MID: 1.43151/ 1.46561. Break below 1.33020, targets MID: 1.29635/ 1.26272 Stop: MID: 1.36379
AUDCAD is trading in a rectangle channel pattern on its hourly chart between the mid trend line MID: 0.90234 and the lower trend line 0.89415. A short trade may be entered if the price breaks down to the lower trend line, 0.89415 with stops above the high previous to breakdown. Targets: MID: 0.88608/0.87810
Hi Traders, Bearish Rectangle Continuation Pattern seems to be printing on EURCAD 4 hours' time chart and indicating further bearish momentum. As per my analysis sell stop entry according to my trade plan could be a good trade. Safe trade!
For longer duration holding periods, taking profits in the $120 range seems appropriate. Buying as close to the yellow zone $85-$90 would be the most ideal.
CVNA has broken through resistance of $13 after a short range consolidation which came after earnings. The short interest on the stock currently standing at 50%. This could spark some short squeezing should it hold above and break $14. $16 and $20 are next targets. Stop loss below $10.
Hi Traders, Bearish Rectangle continuation pattern is printing on above 1 hour time chart. As per my analysis, a sell entry at current level could be a good trade. If you are agreeing with my idea, then follow my trade plan. trade safe!
USDCAD is consolidating on a key level. The price formed a horizontal trading range on 4H time frame. Taking into consideration that the current trend is bullish, I would look for buying the pair. Your confirmation can be a bullish breakout of the upper boundary of the range. 4H candle close above 1.3613 will confirm the violation, a bullish continuation will...
Stock is consolidation in a range for one and half year and it is trying to break out of range. Bullish breakout above 1980 for atleast a target of 250 pts. Target 2250
We need to react to the recent price action of Bitcoin and switch from a bearish to a bullish perception, as Bitcoin is refusing to drop further and instead is building a very strong bullish base. A breakout above the bullish base is going to lead to a massive pump to 33k! I was bearish from 30k to 27k, but now I am bullish, and I am already long on several...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Hello, traders. According to my analysis, the eurusd market remains in a negative state. With the ascending channel broken. And it is a great indicator of the pair's descent. After the price exits the horizontal area. There is an expected drop to the support at 1.09000.
Just be aware of the ETH CME gaps at $1500 and $2600. I would expect eth to hit $2600 if Bitcoin gains bullish momentum and taps his own $35K CME gap and runs to $37K.
IndusInd bank has given a breakout above 1240. As per Darvas Box theory, it has completed a consolidation started in Nov 20. CMP - 1268 T - 1800, 2000 W SL - 1100 W
Hello Birdies, DXY was in range since 2014 and in doing so create a bullish rectangle pattern. Which had a breakout in April 2022 now we are about to have a retest of the pattern. If this is a success and we get a bounce from here it means bearish for indices and crypto. Now if we see it from smart money concept we see that. There is a monthly and...