SAVMUSDT is facing significant resistance at $8.506, a key level on the monthly chart. Given current market conditions, a breakout appears unlikely in the immediate future. Technical Analysis: Resistance: $8.506 (Monthly) Support: $7.391 (Daily), $6.630 (Daily), $5.449 (Monthly Pivot) Volume: (Not mentioned in the provided text) Key Observations:...
On Weekly Chart - After the Cup and Handle BO - Nifty retested the BO zone and bounced forming a Rounding Bottom BO. The Target for RB is 21820. The Multi-year trendline resistance is likely to cross around 21900-22000. Given India Vix BO, Nifty might face sharp correction after testing 21820-21900 levels. Keep a tab on individual stocks and...
Hi Traders! NZDUSD is testing the monthly high for the first time, and there is an opportunity for a short entry back to the support level. Here are the details: The monthly high at 0.62498 is the key level here, and as the market is testing it for the first time, we are looking for the resistance level to hold. The longer the market holds below 0.62498, the...
CADJPY analysis: 1. Time frame daily & weekly, currently price in a strong resistance area, but the upward movement in prices is starting to slow down. 2. Time frame daily, price has the potential to develop double top pattern which is a reversal pattern. 3. Time frame H-4, price has the potential to develop rising wedge pattern. Double top & rising wedge...
Hi guys! This is a quick analysis on my opinions on a current chart pattern that may be playing out in Carvana (CVNA). At first glance you can notice the formation of a Bull Flag on the 1 Week CVNA chart. As you can see we have had our Sharp price move to the Upside, almost resembling a straight line up. This is known as the Flagpole. The Volume spike seen in...
AMD approaching supply on the 5/15 min chart: AMD approaching TL rejection/ resistance on the 1D chart: I need another confirmation and I will enter.
Hi Guys! This is a Technical Analysis on Beyond Meat (BYND) on the 3 Day Timeframe. Ive been following BYND for a long time, trying my best to scope out a BOTTOM. This is an UPDATE to my ongoing analysis. So check out my other charts below for more context. **Note: Our Current Candle has just begun today 08/14/23 and will close on 08/17/23 We were doing well...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
xauusd already break the trend line as shown in figure at 1970. xauusd may suffer to reach 1930. 1st support is at 1950. we can sell the gold right now. the resistance 1982 already rejected and trend line already break. So we can most probably sell the gold to make good profit.
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...
I placed a short entry with an 11 pip stop loss. I believe that this intraday uptrend is over, and this week will be relatively bearish beginning with last Friday's daily indecision candle and false break of a resistance.
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
OANDA:GBPJPY . According to my Analysis Short Entry - Price break the Higher Low Level. Sell Stop Entry tiger. Bearish Divergence show in 1 Hr TF. Trade Setup Short EP 170.932 SL 172.200 TP1 169.664 TP2 168.396
After an amazing bull run, the current price of APTUSDT is testing a static daily support level, which is a price level that has historically acted as a strong support for the asset's price. Additionally, the price has bounced on the 0.786 Fibonacci level and is now testing a daily resistance level, which is a price level that has historically acted as a strong...
Hello ! According To me GBPUSD Will Fall Next Week . GBPUSD is Around Near Resistance Level Of D1 Chart . You Can Short It From 1.2440 Price With Stop Loss 1.2510 & Take Profit Should Be 1.2310 Level . I Hope We Will Make Good Pips From This Trade . Thank You .
Hello ! According To Me AUDUSD Will Fall From Resistance Area . AUDUSD is Now Trading Near Daily Resistance Area . When Price Reach At 0.7135 Level Then You Can Take Short Position With SL 0.7180 & TP 0.7050 Price . I Hope We Will Make Good Profit From This Trade . Thank You .
Bearish Indications (BIASED SHORT) 1. Rejected or retest from a resistance level 2. Formation of Bearish Diamond Pattern 3. Trend Line Broken 4. Bearish Divergence 5. Entry at Bearish Candle Neutral Indication 1. Price still in the range/consolidation phase Bullish Indications 1. By Breaking the resistance level and making a new HL then the trend will be bullish