Trendline breakout done. Retest also completed. Now its time for momentum and rally. RR = 1:4 that is approx. 40% on ROC SL should be kept below the 50 band low as per our POM System.
Gold has been quite bullish lately. Most of our TA is indicating it will keep increasing; however, in the short term we may see a small correction back to the support line ~2036. This support line; based on our TA, may hold and then the price continues to increase. However, if it fails there may be a potential dump all the way back to the 2005 range. In this...
EURAUD finally managed to violate a solid 1.623 - 1.630 demand zone. After multiple breakout attempts, the pair closed below that structure. It now turned into a supply area. We may expect a bearish movement lower. Goals: 1.603 / 1.590 ❤️Please, support my work with like, thank you!❤️
BTCUSDT up-to-date. Price is retracing below USDT41400, which level is a limit for a impulse wave confirmation, from an Elliotician perspective. On this case, if price is rejected from this 78.6% Fibonacci retracement, we'll see a profitable leg downward to accomplish wave -3. Potential USDT40400 target, in demand zone, for this swing trade. Chaikin Money Flow...
The AUD/USD pair has shown bullish momentum by breaking out of its previous range and establishing a new high. This breakout indicates strength in the upward trend. After setting this new high, the price action has entered a consolidation phase, now ranging between the new daily high and the monthly pivot point. This consolidation is a common pattern following a...
We see a massive bearish breakout on USDCAD on a daily. The price broke and closed below 1.3365 - 1.3400 huge demand area. The broken structure turned into a resistance. We may anticipate a bearish continuation to 1.327 / 1.316 ❤️Please, support my work with like, thank you!❤️
We have spotted earlier a bearish trap on USDJPY. As I predicted, the price nicely recovered. We see one more bullish pattern now. The pair formed an ascending triangle formation on a 4H time frame and successfully violated its horizontal neckline. The growth will most likely continue. Goals will be: 144.0 / 144.7 ❤️Please, support my work with like, thank you!❤️
Looking for Impulse Down. EurGbp moving down soon. EG formed a bearish wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments. Learn & Earn! Wave Trader Pro
Conchin shipyard after a 100% rally entered consolidation phase afterwards. During the previous week bulls were able to close it above a recent resistance of 1120 making a strong candle. Stock becomes a buy above 1130 with a target of 1300 and stop loss below 1050
The GOLD bearish trend is strong. The price has a possibility of reaching 2066.066. The Bearish market is trying very hard to sell the GOLD but the Bulls have been strong. There is more to look out for in terms of GOLD. What will 2024 look like for XAUUSD?
Technical Analysis for Deutsche Bank Shares: 1. Bullish Diamond Fractal Formation: Deutsche Bank shares are currently exhibiting a notable technical pattern known as a Bullish Diamond Fractal. This pattern suggests a potential reversal in the prevailing downtrend, indicating a shift in market sentiment in favor of the bulls. 2. Key Levels and Targets:...
USDJPY is closed on a key horizontal daily support. The price formed an ascending triangle formation on that on a 4H. 142.47 is the neckline of the pattern. IF the price breaks and closes above that on a 4H, it will signify the strength of the buyers and highly probable bullish continuation. A bullish movement will be anticipated to 144.0 level then. ...
BATUSD is currently shaping a descending triangle pattern, hinting at a potential trend reversal.
Daily Chart ... Ready to Bang This is a nice Mid - Long Term Hold Coin but have small targets for short term traders Nice CUP ( rounded bottom ) This is for ENTERTAINMENT purpose Only. Not Financial Advise Always DYOR ( do your own research )
We could see W pattern in Tarson Product. If the resistance break, we can expect the up move in upcoming days. Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
BALRAMPURCHINI seems to be in a very crucial buying zone. The reasons are listed below : Stock price tested 411 levels multiple times and finally broke it and it is retesting those levels again. Broke the ascending triangle pattern i.e a bullish sign. 200EMA support on daily timeframe. Stock was in a consolidation phase from last 1.5 years. ...
Stock seems to be in a very good buying and could potentially witness an upside rally. Reasons are stated below : 750-780 is a very strong support zone. Doji candle formed on daily timeframe. 200EMA support on daily timeframe. 50EMA support on daily timeframe. Stock is in an uptrend. Higher-high formation. TARGET : 848 // 911 // 975 // 1130 // 1342 SL...
Multiple time frame analysis for GBPUSD. Important key levels. Potential scenarios. Trading recommendations & thoughts. ❤️Please, support this video with like and comment!❤️