On the chart we can see a bullish trend, however Relative Strength index shows potential bearish divergence. We would enter a short position once the price reaches the upsloping line.
Stop loss: 127.52 USD
Target: 118.52 USD
On the chart we can see a rising wedge formation. Our strategy is enter a short position when the price retest the resistance line.
We can see an on-going distribution as there is a lower highs construction.
Stop loss: 2.957 USD
Target: 2.021 USD
Entry: 2.785 USD
On the chart we can see the main resistance (red) and several supports levels (green).
As the Relative strenght index remains strong we expect the price to continue higher and reach the resistance.
Stop loss: 359.9 USD
Target:315.72 USD
We would enter a short position once the price reaches the resistance line.
short usoil now
target 70.64
stop lose 76.90
follow for more free signals and take care of the updates in this idea I will update if there any change in the structure
Good luck
The Tether chart enters the channel in the 2-hour time frame after the spike and completes its pullback to the previous trendline, and after that there is a high probability of falling.
Make money 💡✌️
The price is approaching previous all time high where we should see some resistance and profit taking.
It's an area where we can speculate on a short position with a stop loss.
The price has already broke above the upsloping resistance line, so we expect the price to go into discovery mode, however before it's happens we expect that the previous resistance will...
On the chart we can see a rising wedge formed after a downtrend.
We expect that downtrend resumes.
So we look for a break below the support line for short entry.
Target is shown on the chart.
The pre-market price is bouncing from the 2.12 resistant level. A short at 2.12 to 1.78 with the necessary risk management could bring a 16.70% return. Other resistance shows at 2.29.
The pre-market price is bouncing from the 0.4980 resistant level. A short at 0.5060 to 0.4175 with the necessary risk management could bring a 17.40% return.
On February 2, 2023, the NZDUSD pair embarked on an impulsive move to the downside. Following this strong bearish activity, the pair entered into a consolidation phase that took on the form of a regular flat, which started on March 10, 2023.
As of May 10, we've observed a significant breakdown outside of the flat correction pattern, indicating a likely...
The pre-market price is bouncing from the 0.91 resistant level. A short at 0.91 to 0.24 with the necessary risk management could bring a 26.61% return. Other possible resistance levels could be at 1.33.
The pre-market price is bouncing from the 0.36 resistant level. A short at 0.36 to 0.13 with the necessary risk management could bring a 35.68% return. Other possible resistance levels could be at 0.45.
The pre-market price is bouncing from the 1.67 resistant level. A short at 1.67 to 1.33 with the necessary risk management could bring a 20.83% return. Other possible resistance levels could be at 2.11.
The pre-market price is bouncing from the 1.08 resistant level. A short at 1.08 to 0.67 with the necessary risk management could bring a 37.65% return. Other possible resistance levels could be at 1.65 & 2.26.
