In the daily and weekly time, it has been moving in a medium-term ascending channel, which has encountered a corrective structure after meeting the daily resistance. 💎 According to the type of correction behavior and structure that can be seen in the daily chart, a three-wave correction has been done up to the specified area. 💎 In the first scenario, according to...
According to the previously presented analysis, after exiting the downward channel and pulling back to it, it grew by more than 55% to the specified range. After that, there was a three-wave correction up to the green box range. Currently, two behavioral scenarios can be considered to continue its path. 💎 First scenario: in case of the inability to penetrate and...
Pair: HTX:CSPRUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H4 time-frame - Price action is close to bottom of a Parallel Channel - Price is entering a Demand Zone (Yellow area @ Current rice) - Aiming for the next two Supply Zones (TP 1 @ Blue Horizontal Line & TP 2 just...
NYSE:TRNO #TERRENO for the 4th time is testing a 7 years old broken wedge , marks an oversold zone and an accumulation level. Mizuho Securities Adjusts Price Target on Terreno Realty to $62 From $52, Maintains Neutral Rating. 40$ marks a significant key level demand for any upcoming fall. #AHMEDMESBAH
According to the previous analysis, it went around the target but did not touch the neck line. It has now gone through a full cycle where its correction after the dynamic touch trigger has again met with support. It has several points. 1- It looks like a triangle corner pattern is being made. 2- The reversal pattern is forming. 3- If the swing range of...
Gold is trading at 2323, with a notable resistance level observed at 2340. Should gold breach this resistance, traders may consider pursuing the following targets: 2343 to 2355. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2310, followed by...
As we closely monitor the current trajectory of Bitcoin, it's evident that its strength is diminishing, prompting a thoughtful examination of our strategic options. In navigating this landscape, it's imperative to remain agile and responsive to market dynamics. Should we witness a loss of the 65475 mark within the span of this week, the scenario of adopting short...
The Middle East hostilities have so far not created any substantial impact on oil traffic and USOil (WTI) faces pressure, as fears of a broader Israel-Iran conflict subside. Israel has reportedly retaliated for Tehran’s recent missile and drone strikes, but both sides appear to downplay the matter, diminishing the risk for further escalation. Looking at the...
The CHF/JPY pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined channel pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support line of the channel after confirmation. Ideally, this would be around 169.90 or lower if the price continues...
30 Min Supertrend / Ehlers VIDYA Stragety. Significant touch back to 60K price level. BTC failed to make a NEW all time high after the 73.6k new all time high was achieved. Upon failure, new lows have continued to 60k. 30m Stragety signal shows support @ 60k touch. Stragety signal and NEW UPtrend will confirm the 60k BASE, with a Heikinashi close @ or...
Pair: HTX:LINKUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Price have bounced off 61.8% Fibo retracement levels - Price action is within two different parallel channels; 1 acts as a bottom channel support and the other is within a supply-demand zone channel - Aiming for the 32.8% Fibo Retracement with 23.6%...
The GBP/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined pattern. Key Points: Sell Entry: Consider entering a short position (selling) below the broken support level, ideally around 192.80. This offers an entry point close to the perceived shift in momentum. Target Levels: Initial...
The EUR/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance level of the...
Gold price on M30 will continue its sideways trend. After being in the price area approaching resistance and supply, the gold price begins to show a continuation of the sideways trend which is marked by confirmation in the form of an impulsive downward candlestick which forms a new swing and then falls to the next support area.
Gold will continue its sideways trend on the M30 after touching the strong demand area. Gold prices rose to form a new swing with confirmation in the form of a bullish divergent. Next, gold is expected to touch the next resistance area or sideways supply zone.
The EUR/AUD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a triangle pattern. Potential Short Trade : Entry: Below the broken support line of the triangle, ideally around 1.6570 after confirmation. Target Levels: 1.6477: This represents the height of the triangle, measured from the apex (highest or...
The GBP/CAD pair on the M30 timeframe presents a potentially interesting situation with a bullish channel breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation. Target Levels: 1.7244: This represents the height of the channel, measured from the apex (highest point) to the base...
💎 In the daily and weekly time, it is moving in an ascending channel, which is currently suffering after breaking the channel on the ceiling of the previous wave channel that broke. 💎 If this three-wave corrective movement ends in the green box area, I expect it to move towards the next target of the supply zone specified in the chart. 💎 The first scenario : in...