🔮 #RUNE Analysis - Support and Resistance 🚀🚀 💲💲 #RUNE is trading around its major resistance zone and #RUNE is trying to retest the zone. If #RUNE breakout and closes above the resistance zone and sustain the higher price, it will indicate a good bullish move and will achieve the next target easily📈 🔖 Current Price: $5.387 ⏳️ Target Price: $6.065 ⁉️ What to...
I'm closely monitoring GBPJPY for a potential buying opportunity based on the Bullish Shark Pattern. Here are the details: - Setup: Bullish Shark Pattern - Completion Level: 189.06 Given the recent decline in the JPY and the resulting upward movement in JPY pairs, I'm anticipating a bullish scenario on GBPJPY. The completion of the Bullish Shark Pattern at...
I'm maintaining my bullish outlook on USDJPY and currently eyeing a potential buying opportunity. Here are the details: - Setup: Bullish Shark Pattern - Completion Level: 150.09 It's crucial to note the presence of the Type2 Bearish Fib-3 Bat on USDJPY's Weekly Chart. While it signals caution, my focus is on the bullish scenario with the completion of the...
In our EURUSD analysis, we are identifying a potential shorting opportunity for counter-trend traders. Here are the details: 1. Setup: Bearish Shark Pattern Retest 2. Timeframe: 1-Hourly Chart 3. Key Levels: - Retest Level 1: 1.0852 - Retest Level 2: 1.0874 The Weekly Chart suggests a weaker bull trading setup, and on the 4-hourly chart, a bearish trend is...
Hi dear members, hope you are well and welcome to the new update on Bounce Token (AUCTION). Recently we caught almost 29% pump of AUCTION as below: Now on a daily time frame, AUCTION has formed a bullish Shark move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get...
You hedged Long from 1.07935 (profits taken, risk free). With a short (entry 1.08806) twice the size of your remaining long. WWYD? A) Leave as is - That's a great carry into the weekend. B) Cash out the short - We bottoming out. C) Close the long - Sunday open, shit's gapping down hard.
In our NZDJPY analysis, we are observing a potential shorting opportunity on the 1-hourly chart. Here are the details: 1. Setup: Bearish Shark Pattern Retest 2. Timeframe: 1-Hourly Chart 3. Key Level: - Entry Point: Bearish Shark Pattern Retest at 92.07 The Daily Chart reveals a Bearish Gartley Pattern at X with RSI Divergence, suggesting a potential bearish...
Let's delve into the EURUSD trading plan for the upcoming period. The weekly chart suggests a weaker bull trading setup, signalling a bullish trend with some weakening. However, the four-hour chart paints a different picture, displaying a bearish trend. Here's the comprehensive trading plan: 1. Weekly Chart: Indicates a weaker bull trend. 2. 4-Hour Chart: A...
Asian paints showing weakens Option trader take PE call in ACC to HH and LL strategy and Target PE2100 For more chart analysis comment me in this post
XRT on the hourly has started to form what could be a Bullish head and Shoulders, if it plays out it could result in the XRT making a 0.886 Fibonacci Retrace likely starting before the end of the week. Additionally, the RSI has a Bullish Shark formation which could serve as further confirmation of the low.
GBPAUD is pushing above the range resistance and into the PCZ of a Bearish Shark with elevated volumes, at the same time there is a Bearish Gartley formed on the RSI and the RSI is setting up to breakdown while in the overextended zone. I think we will likely see the AUD take back dominance for a few months in many of its pairs, particularly in the GBPAUD and...
BCH is strong and is rising, while BTC is currently down. Why is that? If we take a look at the price action, we can see that it very much differs from the BTC price action in many ways. We have had a range that broke up, and the price is currently almost at the previous major swing high from June 2023. My Elliott Wave count suggests that we should see a huge pump...
Despite a strong bullish candle, the presence of a Bearish Shark Pattern retest on USDJPY is intriguing. However, the trader advocates waiting for further confirmation to engage in a shorting opportunity on USDJPY, treating it as a retracement trade. What's your take on the potential trade for USDJPY?
Bitcoin is at 42.8k and still trading within the premises of BULL FLAG pattern... Which in my opinion is a good range to trade but we may see some volatility hitting market soon maybe in the upcoming days or weeks... What do you think will BTC touch that lower zone? Which is around 34-36k zone Drop your opinion below.. I will read all
ATOMUSD has Double Bottomed on the weekly timeframe at the PCZ of a Bullish Shark and is now holding above the 21-week SMA. If it holds, we could see ATOM breakout of the range and rise all the way up to a 61.8% retrace. From there it may then turn into a Bearish 5-0 but for now I'm just focused on the potential Bullish move upwards. The Shark pattern here is...
Price action has been quite volatile following the FEDs release,.. an advanced chart pattern known as the Shark 1 has completed at the 88.6% fib level so we watch price as there is a possibility of a deep bearish move, as always keep you risk management on. Cheers!!
An amazing Bearish Fib-3 Bat with RSI Divergence has surfaced on the CADJPY 1-hourly chart. While some may see this as a great counter-trend trading opportunity, others might interpret it as a warning sign and choose not to engage. But here's the twist - it's a Combo Trade. On the Weekly Chart, there's a Bearish Shark Pattern Retest, accompanied by a Type2...
The USDJPY's Weekly chart is showing signs of a potential Head and Shoulders formation. While engaging directly on the weekly chart might be considered risky, what if we use a Combo Trade Management strategy? There's a Bearish Shark Pattern on the Daily chart, and we might witness a formation of a Bearish Deep Gartley Pattern on the 1-hourly chart, providing...