This idea is probably for the next week, to get a confirmation. Three tests of the horizontal level. As as rule of thumb, fourth attempt with a right confirmation triggers a nice trending move. Wait for a flag - and you will get as a bonus a nice place for the entry with a decent risk to reward. Target is the same size of the structure, to the downside. Trade safe!
S&P500 index is trading within an expanding wedge pattern on a daily. The price was stuck within a horizontal trading range for 2 week. Its resistance was finally broken yesterday. I think that it may push the market higher. Next resistance - 4118. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Entry: 1.91524 Stop Loss: 1.92000 Take Profit : 1.9000
GBPNZD is consolidating within a narrow horizontal trading range on a daily. After a sharp bearish impulse, the market is coiling for the entire month. To catch the next bearish wave, watch 1.9125 - 1.92 horizontal support. Wait for its bearish breakout (1h candle close below that). Sell aggressively or on a retest, then. Next support will be 1.889 Be...
Multiple time frame analysis for EURUSD. Price action & key levels. Important things to watch. ❤️Please, support this video with like and comment!❤️
Weekend price manipulation up. No trade yet as of time of publish. Could still move a bit higher. Watch out for a clear break of the rectangle for a continuation down. If front running before the breakdown, place SL higher. Good luck.
Reason to buy: 1- Downtrend got rejection from support level and made morning star pattern. 2- Descending triangel broken upward, retested the upper neckline and another bullish candle formed. 3- There is supply above as well and we know that market loves the liquidity. 4- Downtrend didnot make lower low rather created support and respected that support once again.
Bang Breaking Range of 39 Day Can give good up move It may come Till 49 Rs.
Bitcoin's chart is slowly finishing forming a diamond pattern. Unless something unexpected happens in the next few hours, we are sure to see a nice downward price movement. This is not financial advice.
(1) 🔬 Dividing the GBTC price by the BTCUSD price, we have this chart in a downtrend. This indicates that GBTC has underperformed Bitcoin. 🟢 The price spent most of the time in the green rectangle, threatening to break out several times. In March 2021, GBTC broke out of this rectangle. 🟣 Projecting this rectangle downwards, in a new purple rectangle, we have a...
hello guys... btc touches bottom line of symmetrical triangle for 6,7 times, in my opinion, there is High probability break down this line and reach to second target. just wait but be aware of that! always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with...
Hey traders, Analyzing a daily chart on USDJPY, I noticed that the market is stuck within a narrow horizontal range. The price perfectly respects a key horizontal support & resistance. This week, look for a breakout trade. A bullish breakout of 140.4 - 140.8 (daily candle close above) will be a bullish signal, and will lead to a continuation to 143.0...
Scenario 1: Instead of falling right away TSLA holds at this $180 resistance. I do think if the markets are green then TSLA will be able to run to the $182-$185 range. If it touches that range then I think it will pullback back down to the $180 resistance then a free fall from there to $150. I am not very bullish on TSLA right now. Scenario 2: TSLA trades at this...
Last week the Dollar Index met its measured target of the descending triangle breakout. Bullish bias still remains as the Dollar Index continues to trade above the 200 simple moving average (SMA). To look for entries, let us zoom into the lower time frame in this week's analysis. In the lower time frame, we can see that the Dollar Index is trading in...
As marked in the chart, datapattns is trading in a rectangular range. Break on either side will decide the trend. Some more consolidation will be a healthy signal for more upmove.
Hey traders, USDCAD reached a key daily level last week. The price was consolidating on that for some time. The pair formed a horizontal trading range on 4H time frame. This morning, its resistance was broken. I believe it will initiate a bullish movement. Goals: 1.3395 / 1.345 ❤️If you have any questions, please, ask me in the comment section. Please,...
Southwest Airlines, helluva airline stock has taken a massive hit during this WideSpread Bear Market. Just recently LUV has seen further selloff to levels seen at the COVID Crash Bottom. Major Support is definitely coming in here, and Demand is heavy. Buyers are and will step in at these prices certainly as the company is not failing... yet lol. With this in...
So far price has been fluctuating in a rectangle. Bollinger bands are squeezed again. Will we observe price returning to the mean (daily sma200)? Trade safe