Greetings Traders! Welcome aboard! Today, let's explore AUDUSD for an exciting trading opportunity. The upper trendline breakout stands at 0.67286, while the lower trendline breakout is at 0.66480. Notably, the price has recently broken below the lower trendline at 0.66480, suggesting a potential bearish scenario. Targets are determined by measuring the rectangle...
AUDCHF is trading in a bearish trend.
After a strong selling wave, the pair was consolidating for 2 weeks
within a narrow range on a daily.
Yesterday, the support of the range was broken.
We see its retest now.
I expect a bearish movement lower.
At least to 0.5636 level.
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Pendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of...
Yields are starting to slide and this should be bullish for stocks overall.
MSFT has been doing fantastically well this year and I am expecting all time highs in the next week. Convincing break of 350 (bullish close on the daily) should set it free towards 400.
10 week EMA is now above 20 EMA. MSFT has momentum behind it.
390 remains the initial target.
Axis bank is currently trading in rectangle pattern . if stock gives a breakout of this rectangle above 1150 we will take a swing position with stop loss of 1080 and for target of 1550
DATA is starting something really huge. We can see that whales accumulated for a long time and now the price is breaking out of the accumulation phase. If we take a look at the volume indicator, we can see that the volume is astonishing. This definitely confirm our bullish bias. 2811% profit is not a sci-fi, but a real deal. Elliott Wave ABC corrective pattern is...
STX is a very important coin for Bitcoin. STX is a Bitcoin Layer for smart contracts. Why do I think you should buy this coin? We have to take a look at the price action first. We see that we have multiple similar swings high at around 1.75, which is a very bullish sign. From the Elliott Wave perspective, we see that we have a strong combo of (1)(2)(1)(2). The...
AUDCHF is trading within a narrow horizontal range,
after a formation of a strong bearish impulse.
I believe that selling volumes are currently accumulating.
Our trigger to short will be a bearish breakout of the support of the range.
4H candle close below 0.5675 will confirm the violation.
A bearish continuation will be anticipated at least to...
RECTANGLE PATTERN BREAKOUT WITH GAP-UP :
Market broke out of previous rectangle pattern with a solid gap-up which indicated strong bullish momentum
REVERSAL FROM 100D SMA :
Market also reversed from 100D SMA on 1-hour chart which also made it a strong signal
VOLUME SURGE :
Alongwith gap-up opening volume also surged on 1-hour timeframe which...
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
NTRN is in a strong uptrend and it looks like we can go even higher. 207% profit is the next target for this coin because it is the 1:1 FIB extension. Currently the price is breaking out of the rectangle pattern on the weekly chart, which is also a good opportunity to trade the breakout. I am bullish on this coin. There is almost none bearish volume, also a good...
GBPJPY violated a resistance line of a wide horizontal range on a daily yesterday.
The release of the CPI data increases a bullish pressure.
Chances are high that the growth will continue.
Next resistance - 188.28
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Amber Enterprises is trading near it's long time consolidation breakout zone
Strong Uptrend seen on weekly chart
we can consider this stock above 3800 with sl of 3650 and for target of 4150
ENS is one of the most important altcoins for Ethereum. We can see that the uptrend is starting, and 2024 is going to be huge for this coin. We can see that at the bottom of the downtrend, we have a pretty long accumulation of whales. The price should not go into this range ever again. We have only 2 resistances on the way up: 0.5 FIB + major swing high and the...
CELH is in a base box on the daily timeframe, and nearing the top boundary.
A short consolidation here could strengthen the next breakout event and lower the chances of a false breakout.
Consolidation near the ATH level is then expected. A potential run to $78.50 is not impossible.
