The GBP/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of an uptrend, potentially leading to further advances in the coming minutes or hours. Key Point s: Recent Price Action: The recent price action shows the price holding above the...
The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a bearish channel pattern. Sell Entry: Consider entering a short position around the current price of 91.65, positioned near the current price within the channel. Target Levels: The initial bearish target lies at the 91.15 level, which represents the previous...
This is just another sell idea ( yellow arrow ) following our entry ( previous post ) which is risk free and running at around 175 pips !! Technical remains a strong bearish view --> expecting a break of structure very soon Main target is the ( 4H ) demand zone ! Trade only during N-Y session and only if price is in the rectangle KEEP FOLLOWING IF YOU WOULD...
Hello, I invite you to review the current situation of BNB in pair with USDT, taking into account the one-hour interval. Let's start by identifying the local uptrend channel using the blue lines. Let's start by determining support, and here, after using the trend based fib extension tool, you can see how the price approached the support at $410, and then it is...
Hello everyone, I invite you to a quick review of the current situation of BTC in the USDT pair, taking into account the one-hour interval. As you can see, the price is climbing along the local upward trend line. As you can see, the price is still growing dynamically, and the four-year cycle of bitcoin may change, but here we will lay out a trend based fib...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price declined lower support level, which coincided with support area, thereby breaking it. Then Euro started to trades in wegde, where it made upward impulse from support line to resistance line. Thereby price breaking $1.0745 and $1.0830...
IGL may give Huge Breakout !! IGL is Making Hut pattern after an uptrend Possibility of Breakout is huge because its a continuation pattern We may see huge upside after breaking the resistance If stock comes down we can see support is around 370-390 level Breakout confirmation is above 480-500 Current price is around 450 Targets are around 900-950...
ETC in pair with USDT, testing previously broken resistance. Holding it may be a good entry into long positions, with a potential increase to around $38. More explanation in the chart :)
Weekly Box Breakout : FIL is finally smashing its 650-day weekly box with a powerful candle and decent volume! RSI Reaching Overbought Zone ⚠️: Be cautious, the RSI on the weekly timeframe is approaching overbought territory. Clear Skies Until 17.06 ☀️: No major resistance until the 17.06 area, but patience is key until the weekly candle closes. ⏳ Potential...
AUDUSD Short Late/Re-entry Price has come back down to the last swing low/base made before what was essentially a two week bull run. We have broken past this area and come back to retest it. When price came back to retest this key zone, we saw it touch the 61.8% fib retracement level. Non-Commercial traders, as can be seen through COT filings, are a majority...
BYBIT:HNTUSDT.P Another one I have today is a limit for HNTUSDT, as it formed this double bottom which tells me that's a genuine bottom before a continuation. Will update this when it picks up! Thanks guys!
BYBIT:YGGUSDT.P hey guys, YGGUSDT is ready for another swing up. Be mindful of your stoploss here.
On ETH, we can see that the price has entered a very strong resistance zone, which could potentially mark the final move of wave 3, and then it would be worth seeing a downward move as waves 4. We have set a possible recovery level around $3,000, but it is likely that the price will return to the zone marked below, which would result in a drop of around 30%,...
As you can see, BTC has entered a very strong resistance zone, the current upward movement looks like waves 3, which could indicate a potential rebound in waves 4 and only then an upward movement in waves 5. Overheating of the indicators is also visible on the RSI and STOCH indicators, which should translate into a healthy recovery. It is worth remembering BTC...
Technical analysis indicating a buy. Short term trade till it reaches the supply.
Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2...
I am using an algorithm to generate my indicator lines. This algorithm is based on mathematical calculation of price action. In this example we are trading #Bitcoin. 1. Note on this weekly chart of Bitcoin a breakout occurred on the week of May 1, 2023 with a close above the Blue support-resistance line. This line is mathematically-derived. It is proprietary. ...
The EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the...