At the moment, GBPJPY is trading at 182.32. According To My Little Knowledge, If you want to sell in this, a great area would be the resistance at 182.50. You can set a stop loss at 182.85 and take profit at the support area of 181.80. I hope our trading will be profitable. DISCLAIMER: Please note that the information provided is not financial advice. Trading...
GBPAUD is currently trading at 1.8863. If it is rejected from the resistance area, which is at 1.8902, it will then move down to the support level at 1.8744. However, if it successfully breaks above the resistance area, you can consider buying on its retest, aiming for the next resistance at 1.9165 for GBPAUD. Disclaimer: The information provided is for general...
CADCHF is facing long term resistance zone and it seems like going for reversal pattern. Will the pair reverse its trajectory to downside?
The S&P 500 index ( SP:SPX ) currently faces a pivotal juncture as it encounters a resistance trendline near the $4400 level. This price region assumes significant importance and necessitates close monitoring to assess potential market dynamics. Should SPX successfully breach and sustain a close above the $4400 resistance this week, it could portend the initiation...
Is BTCUSDT still under the wood? Currently BTC is facing long term resistance. Will it stretch another leg lower?
ASTRUSDT is trading in long term bearish trend. Currently the price is retracing a bit but just about to face a long term daily declining trendline. Will these confluences push the price to lower side again?
I'm waiting for a shorting opportunity on the EURUSD, and the best trading setup I could be waiting for is the retest of the previous resistance at 1.0960 on the 1-hourly chart. If you are waiting for a buying opportunity, the support level on the 4-hourly chart, 1.0863, could interest you. What is your trade plan? Comment down below.
US30 is trading in bullish momentum and facing long term resistance and also created bearish divergence. Will the bearish divergence play its role along with resistance and push the price to downside?
Today's focus: GBPUSD Pattern – HH HL continuation Possible targets – 1.2683, 1.2980 Support – 1.2305, 1.2493 Resistance – 1.2640, 1.2660 Today’s focus is on the GBPUSD after buyers made another strong move higher on Wednesday. That move continues the series of HLs and HHs this is a good thing to see in the current short-term uptrend. As discussed in today’s...
Hey there OANDA:AUDNZD This pair is in a Support and resistance zone Wait for the confirmation to breakout or reversal Good luck Be happy🤗 Trade with moneymanagement
Hello Traders👋🏻 On The Daily Time Frame The AUDJPY Price Broke The Resistance Level (92.189-93.048)✔ Currently, The Resistance Level Becomes New Support Level📈 So, I Expect a Bullish Move📈 i'm waiting for a retest.... ----------- TARGET: 94.700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Here's a quick comparison of two periods in bitcoins history The current market period appears to unfold similarly to the one observed in 2021. If this trend continues, the market will likely experience a downward movement, potentially leading to a decline in value to 13.5k. While it's true that history doesn't necessarily have to repeat itself, it is often...
Dollar Index Has taken a resistance over H1 Resistance and heading downwards now we have a 1:2 R:R which seems to be accomplished as Dxy made a move downwards it has given a marubozu candle near H1 resistance both the confluances made us think that the currency have downwards rally
CADCHF is trading in bullish parallel channel, and within bullish channel the pair seems like loosing the momentum and currently facing some resistance in 0.67800 region. Will the CADCHF change its trajectory to downside?
Open short ONLY IF price is stabilized under 2.26; Entry: 2.25 SL: 2.40 TP: 2.06, 1.81
On the GBPUSD 4 Hour chart, there are multiple indications that there will be a bullish move soon. 1) There is a bullish 3-Drives pattern. Price should move higher to at least the 38.2% Fibonacci level. 2) There is a trendline which has acted as resistance and tested multiple times. It is likely to attract price and be tested again. 3) Stochastic (default...
LTCUSDT seems to be in bullish trend but currently facing long term and medium term resistance in $93 region. Will the instrument give respect to technical confluences and face rejection ?
USD keeps moving higher, possibly on speculation that House vote on U.S. debt ceiling today will pass today. However, stocks are down, which can have something to do with China, where the PMI index declined once again, and also faster than expected. Technically speaking, USD is in uptrend, but yields found some resistance recently so I am wondering if USD is...