I see a strong bullish confirmation on USDCHF after a test of a key support: The price formed an ascending triangle formation on a 4H time frame and violated its neckline. I think that the price will reach 0.8855 level soon. ❤️Please, support my work with like, thank you!❤️
Silver broke and closed above a key daily horizontal structure resistance. The broken structure turned into a key support now. I will expect a growth to 25.46 level. For entry, consider a retest of a broken structure. ❤️Please, support my work with like, thank you!❤️
BANKNIFTY closed below va 1. gapup 47150 long till 47300-47450 2. 47100-46800 trade reversal 3. gapdown 46800 short till 46500
Hi! Here's my idea for Shiba Ini coin. I don't know what I'm doing but: The fibs add up The trend lines add up The pattern (wedge) show a new (potential) bullish outbreak starting right around now It's a meme coin, and 2024 is the flight of the memes. I would get in on it right now. That said, I'm not a pro, don't rely on my charts. DYOR. Best, M
NIFTY closed above va 1. gapup 22400 look for longs till 22500 2. 22400-22200 trade reversal 3. gapdown 22200 short till 22120
Intel has fallen, and some traders may think it can’t get up. The first pattern on today’s chart is the bearish gap on January 26, triggered by weak guidance. The chipmaker has failed to recover since, even as the broader semiconductor index surged to new record highs. That may suggest it’s less favored than peers. Second is the January 17 close of $46.06. INTC...
Silver OANDA:XAGUSD Let's take a closer look at Silver , a precious metal known for its notable volatility compared to Gold. Initiating our count post the COVID fall, a swift Wave (1) movement unfolded, followed by an extensive Wave (2) correction featuring a Flat pattern and subsequently a Zigzag for Wave (2). The completion of Wave (2) occurred around...
The US House of Representatives has passed a bill to ban TikTok in the US due to concerns over the platform's ties to China. The Senate will next consider the matter. According to analysts at CFRA Research, Snap Inc. stands to be the primary beneficiary of a TikTok ban. The app's audience overlaps that of TikTok, which could allow the issuer to increase its...
Hello 👋 📊Analysis of the Dow Jones index in short and medium time frame The market is in an upward channel and can continue to rise as long as it can maintain the upward trend line The main and important support is 38750.00 The targets are 39450.00, 39750.00 and 40000.00 respectively. Maintaining support is important for this analysis.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined in falling channel, where it fell to support line and then bounced up to resistance line. After this, Euro exited from channel, entered to wedge, and made downward impulse to $1.0735 level. Then price tried to rise, but failed and declined...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Some time ago price moving up in rising channel, where it bounced up from $3380 level, which coincided with support area. After this, ETH rose to resistance line of channel and then made downward impulse lower $3380 level, breaking it and exiting of...
Trading Plan for Thursday, March 14th, 2024 Market Sentiment: Cautious, watching for breakout direction Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5230-28 (major), 5220, 5213, 5202-07 (major), 5191, 5180-83 (major), 5167, 5162, 5156 (major), 5148, 5144, 5136, 5126 (major), 5115, 5108, 5103, 5088-91 (major), 5083 (major), 5076, 5071,...
Hello everyone! I suggest you pay attention to #ANKOR. On the daily and weekly timeframes, a inverted head and shoulders pattern has formed. The target level for this pattern is at 0.05$, but there are a few possible price movements. The first possibility is the price dropping to the nearest strong Fibonacci level of 0.382, from where you can consider opening a...
Hello 👋 📊CHZUSDT symbol analysis In the long term, due to the breaking of the downward trend line, the market can enter a new upward trend, which is the main support and suitable investment range of the number 0.11111, and in the long term, it can continue to rise towards the previous ceiling to the number 0.80000. And by crossing this number, it can reach 11.11111.
In the latest market session, the U.S. Dollar Index (DX) appears to be struggling to regain its footing after a period of decline. The recent rise in Consumer Price Index (CPI), hints at possible underlying USD weakness. Technical analysis: Currently, the DXY is exhibiting signs of a downtrend, capped by the resistance level near 103.00, as denoted by the red...
Hello everyone! I also suggest considering an asset such as #FIL. The Fibonacci levels intersect nicely with the area of interest on the chart. I think we can expect a repeat of the price increase to the recent local high and possibly a move above it. Buy from current values. Targets on the chart. But the higher the % of expected profit, the longer you may...
XAUUSD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The primary trend remains bullish. We look to buy dips. Previous support located at 2150.56. We look to Buy at 2153.50 (stop at 2141.50) Our profit targets will be 2183.50 and 2189.50 Resistance:...
Hi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price some time ago rebounded up from the support zone and broke the 2030 support level, after which it made a retest and continued to trades near this level in an upward channel. Later XAU last time fell to the support level, which their moment coincided with the...