Hello everyone, I invite you to review the chart of XRP in pair to USDT, on a one-day timeframe. Let's start by marking the first trend, but before the price can face it, it has to overcome the local trend. Next, it is worth marking the sideways trend channel with blue lines, as we can see, although the price left the channel up, we formed a Head and Shoulders...
Hello, traders The IMPULSE wave for gold is bullish, and we have a correction pattern, so we expect a new rise We can buy in the retest after breaking the resistance if we get confirmation False fractures are possible so caution should be exercised
Look's like a bear flag is forming. Watch for a drop.
Hello traders The price reached the demand levels, and we have a strong bullish wave that has not closed. We expect the price to rise to close the bullish wave and retest the supply levels.
• MSFT just hit our target at $228, as it did exactly what we expected since our previous public analysis on it, almost a month ago (the link is below this post, as usual); • Despite the high volatility, this movement is very technical and not surprising at all, but in order to bounce again, MSFT has to react as soon as possible; • The problem is that any bounce...
• NIO triggered our Bearish Flag chart pattern, indicating a continuation of the bearish sentiment; • We studied this scenario in our previous public analysis on NIO – link below this post; • In the daily chart, the 21 ema is working as a resistance, and it is pointing down, which reinforces the idea of a bearish sentiment; • What’s the next technical support...
• The index hit our resistance at the 21 ema, and it couldn’t break it; • On the other hand, the 3,818 is a key support area, which is preventing a further drop to the 3,744 (next technical support level, green line); • As long as the index remains between these two key points, it’ll be in a “no man’s land”, moving erratically while we don’t see any good technical...
Even-though, ETH session market is trying to rally, but price action suggests otherwise. Any test of ETH session High could provide direction for the day. Level to watch 3867 ---3865 Reports to watch: US:ISM Manufacturing Index 10:00 AM ET US:JOLTS 10:00 AM ET US: FOMC Minutes 2:00 PM ET
Hello 🐋 Based on the chart, the price is close to the channel resistance area and stick in the range zone (parallel channel) ✔️ if the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line resistances 💣🚀 otherwise we can see more correction to lower support level ❌🧨 Please, feel free to share your point of...
Hello 🐋 Based on the chart, the price is close to the channel resistance zone ✔️ if the price doesn't break the support zone to the downside, we will see more gain and breakout of the ascending channel at least to our upper trend line resistance 💣🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Hello ! If Gold Price Reach At 1840 Level Then You Can Buy XAUUSD From 1840 Area . It Is Best Area To BUY GOLD & You Can Take Profit To 1860 Area . Stop Loss Should be Around 1826 Area . I Hope This Trade Will Give You Good Profit . Thank You
Hi Everyone, Wanted to share my idea on where i think gold is heading for the next days, using price action, support and resistance zones and the Fib Levels. We can see that Gold did a solid move downwards and now seems to be in a pullback, if we enter now i think its fair to expect a pull back to the 38 and 50 level which are our TPs. Gold also broke the...
GJ - Looking for sells/continuations while we have no candle closes above 157.200, looking for price to continue down on the HTF, looking for a retracement initially maybe to swipe the HOD $ or YD $ before continuing down, candle closes are key here will be keeping close eye on the 30m/1h! Let me know your thoughts!
What we are looking at here is the CFD on Silver on the Daily TF. We are looking at a downward slopping trend line (top yellow line) that is acting as resistance. Towards the end of the downward slopping trendline you will see a purple box which incases a potential topping tail. If this is a true topping tail (we will know at the close), combined with the...
As we can see AUDUSD formed a rising wedge and broke the structure of it pointing the pair to the downside. To further this bearish sentiment AUDUSD also rejected a key FIB level @78.6 after breaking structure and retracing. Usually this is a great indication we may be in the 3rd wave of the Elliott Wave Theory which should be followed by a great impulse...
USDJPY is showing a strong bearish sentiment on the weekly and daily charts , heading towards the next support zone of 126.137. On further inspection is a downward parallel channel on the 4 hour chart . Price recently reached the diagonal pivot line of the parallel channel and got pushed down . Recently, price retested that pivot line and is now ready to continue...
• The SPX is trying to recover this morning, but it has yet to break its major resistance area in order to reverse the bearish sentiment; • Together, the 21 ema and the green line at 3,911 make a dual-resistance level on the index, and only if it breaks this price area it’ll have some chance of reversing; • Any top sign under this resistance level might indicate a...
• Yes, we nailed the 61.8% Fibonacci’s Retracement in the weekly chart. We set this target on my previous public analysis on NVDA (the link is below this post, as usual); • Now, it seems NVDA is trying to react above the retracement. In addition, it just filled a gap around $142 (daily chart), which did work as a support level on Dec 29 – 30; • So far, there’s a...