ARPA is ranked only at 320, and that's why it has plenty of room for the minimum of 10x gains! It's a great coin from the technical perspective on the major weekly chart, and I have huge expectations for 2023 and 2024.
The coin recently broke out of the rectangular base with extreme volume, which is definitely a good sign, and we are ready to reach a new...
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Hello everyone so as on 26-May-2023 (Friday) session when price took support at resistance level which i marked as horizontal line on 15 min TF i bought it there and...
It looks like the bear market is starting! It's the last chance to sell Bitcoin and Ethereum before it's too late.
Per my Elliott Wave count, the major ABC correction has finished, and now we need to go down to 15k or 10k. Both targets are arguably good.
On the road to 15k, you can see my levels on the weekly chart. All levels are very strong, and that's why I...
Hello Traders👋🏻
On The Weekly Time Frame, The XAUUSD Price Reached a Major Key Level ✔️
Currently,on the Daily Time Frame XAUUSD formed a Rising Wedge ✔️
The Price Failed To Create New Higher High 📈
The Support Line of the Wedge is Broken 🔥
So, I Expect a Bearish Move
i'm waiting for a retest...
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TARGET: 1941.970🎯
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if you agreed with this IDEA,...
Chart has it all. Notice every prior local top is a point, no plateaus, after squeezing the upper Bolly band, they rollover.
August gap is a magnet. Once filled, much higher seems improbable. Fewer issues advance the price, moves up on lower volume, weaker RSI.
Lot of participants been waiting to sell at this price. The dump after this rally dies could be...
Hello Traders👋🏻
The Dow Jones Price Reached a Strong Resistance Level ✔️
Currently, US30 formed a Rising Wedge ✔️
The Price Failed To Create New Higher High 📈
The Support Line of the wedge is Broken 🔥
If Price Stays Under The Key Zone, US30 Can Continue The Bearish Move 📉
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TARGET 1: 32790🎯
TARGET 2: 32090🎯
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if you agreed with this IDEA, please...
The 3 Month Bill is currently breaking down and backtesting a Rising Wedge after Bearishly Diverging at some extreme highs while the DXY has also broken below a long term trend line and is backtesting the S/R Zone and Moving Averages as Resistance.
I have expectations that both of them will crash majorly in the coming weeks to months.
On the chart we can see the rising wedge pattern.
We expect that the price break down the upsloping support. If this happens we can open a short position.
Target is shown on the chart.
USDJPY is trading at the PCZ of a Bigger Daily Bearish Bat and a Small 15 minute Bearish Bat and it is trading near the supply line of a Daily Rising Wedge; If the patterns hold out we will see USDJPY drop below the Bearish Dragon Trendline and begin a significant move down from here.
On the chart we can see a rising wedge.
The price broke down of the pattern.
We are expecting the price retest previous support and confirm it as a resistance, which would be our entry for the short position.
Stop loss: 155.14
Target: 138.44
The price is still moving inside the wedge.
A good time to enter the short position would be when and if the price breaks out of the support.
Target is shown on the chart.
Hello everyone,
I would like to share my analysis on a chart that depicts a completed rising wedge pattern. The rising wedge is a bearish pattern that often signifies a reversal of the current trend. The pattern is formed by drawing trend lines that converge as the price consolidates within a triangle-like shape.
Based on my observation of the current chart, I...
On the daily chart, Gold (XAUUSD) has formed a rising wedge which is a bearish pattern. This was followed by a sharp bear trap and a double rejection of the bulls at the consolidation zone.
We are looking at a possible correction in the price of gold in the coming days toward 1982/1934 zones.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
✅ Based on the analytical method in the CTS strategy, the NZDCAD currency pair is in a downward phase by reaching a PRZ zone.
➡️ bearish signals in the PRZ area are:
- The roof of the descending channel
- Pivots R1 monthly and R3 weekly
➡️ and the downward signals of market momentum are:
- Divergence in MACD and RSI in 1 hour
- RSI OVERBOGHT in 4 hours
- The...
Hey traders,
On friday i posted my anaysis about gold, that we hit all time high and a correction was likely to occur. As expected xauusd dropped 350 pips. When it comes to this week as well i see a further correction looking upon the chart, gold may consolidate trending upward to fill the gap then after a sharp drop to around 1988 seems reasonable to expect.
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