• Daily EURO/DOLLAR chart, zooming out back to 2021, where the 1.5 year downtrend started • Short term, trend is bullish, higher highs higher lows • Rising wedge forming, a bearish reversal pattern • Resistance levels becoming support levels, a clear sign of an uptrend • However, looking at the big picture changes the outlook a little bit • Drew Fibonacci...
✅SILVER is trading along the falling resistance And as the price will hit it soon I am expecting Silver to go down To retest the demand levels below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Here is a very nice insight by which I agreed with my WZRD friend. I share it if you guys have some insight and get something from it. Eyes on Bitcoin: Today marks a whale wash out, with panic comes volatility and long wicks. We need clarity and bias, for which the market will give with upcoming price action. As of now, we can see Bitcoin still remains...
we have an important support to get a reversal from which is the 0.25$, if we held it, we going to have first a test for the current resistant at 0.30$, then we will test 2 profit taking at 0.33$, and then the 0.40$, which will mark another bullish momentum towards the 1$. on the other hand if we didn't hold that support the 0.25$+, is means we going to test our...
Hello,Traders! EUR-CHF was going up nicely But then we saw a sharp reversal And the pair plunged from the highs Towards the rising support From where a bullish Correction is likely to happen Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! AUD-USD is making a pullback From the horizontal resistance And we are locally bearish biased So I think that we will see A further move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hey traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.362 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe. Joe.
Nifty is at upper level of the short term bearish channel which it has resisted before. 18250 have good supply and may break tomorrow. and if not , 18000 is where expect to be again..
Anytime we are taking a trade we're trying to build a case to why it's a good trade. Here the counter-trend trader would be thinking: -Price inside 4hr DBR demand zone -Price overextended ridding the bottom of the BB for 10x candles in a row -Stochastic RSI is oversold -Imbalance, correction, imbalance, with potential correction time. Average Imbalance wave to...
The GBPUSD currency bullish force looks good for the coming week. The GBPUSD pair price seems to have cleared the minor resistance levels 1.2120 and 1.2140 and retested the same. So, we anticipate the price to continue to rally to the 1.2420 and 1.2450 range. There is high-impact news that may effect significant price moves in this new trading week. Notable,...
TRON (TRX) technical analysis: Trade setup : Price rebounded from $0.05 support and rallied hard above 200-day moving average, down trendline, and reached $0.065 horizontal resistance. However, it’s overbought (RSI > 70) and likely to pull back before resuming uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. ...
$UAL beat earnings last night and finished on the day as an inside hammer. Calls over $51.71 Targets: $52.13, $52.48, $53.12, $54.51 Puts under $49.94 Targets: $49.66, $48.56, $47.71
EURUSD is consolidating after a strong bullish movement. The pair is currently stuck within a horizontal trading range. 1.075 - 1.078 is its support. 1.0855 - 1.0875 is its resistance. I believe that a bullish breakout of the resistance will trigger a bullish continuation. Wait for a 4H candle close above that to confirm a breakout first. Then buy on a...
Hello, Friends! I was watching AUD/USD for a while Waiting for this moment And now the price action On the lower timeframes Has given me what I was expecting to see Making me bearish on AUD/USD mid-term! SELL! ✅LIKE AND COMMENT MY IDEAS✅
HI TRADERS✌ As you can see, In a daily time frame The price has grown about 80% from the support area of 0.19. Currently, the price is gathering volume in the resistance range. Due to a price growth, the price needs a return for the next move and the possibility of a pullback to the dynamic resistance.💹 If the daily close candle closes below the 0.31 range. The...
The coin, after a long growth, went on a correction, as a result, a horizontal support level of 5.92 was formed, confirmed by several touches. Currently, the coin is consolidating at this level, volumes are declining, which indicates the weakness of the buyer. I expect a breakdown of this level, consolidation under it and a decrease to the lower support levels.
$CAD - Interesting... At this current moment of time we are in a range but - Pattern forming of Flag a break to downside of these ranges to confirm taking CAD towards 1.32/1.31 areas. Good R/R -However, if we break above the TL above 200 EMA would be your target. Follow your own trade plan. Trade Journal
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD is at a strong resistance level. Here this is getting a strong rejection. In this rejection we can see price around 1.21500 . But if it breaks this level and make a new candle above this resistance we can see price around 1.24500 . And then it will...