The EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4. Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were...
1H - The hourly timeframe is in a short context, and we have repeatedly confirmed the order flow. I consider the SSL as the invalidation point for the entire process. Until the target is reached, I plan to consider exclusively short positions, provided the short trend continues.
4H - We are also in a long context, despite this, the compression formed below, as well as the imbalance, is concerning. For this reason, it would be good to clear liquidity below initially before continuing the upward movement.
Hello everyone, weekly market review for EURUSD. 1D - the daily timeframe continues to be in a long context, with two imbalances formed below us. I expect the end of the corrective movement to one of them, after which we can continue the long trend with the target set at the local maximum.
| COMPUSDT | LONG @ 58 - 60 | TP @ 60.5, 61, 61.5, 62, 62.5 | SL @ 54 | PATTERN = DESCENDING TRIANGLE BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and...
ACHUSDT continues its movement within the ascending channel, showing consistent respect for each demand zone that previously acted as supply areas. These strong bullish indications affirm the uptrend, significantly boosting the probability of further price escalation. Expectations lean towards ACH rising to the top of the extended ascending channel, aligning with...
EUR/USD Short • If price impulses back down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...
GBP/AUD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
🔅The Triple Bottom Formation at $1533 📈 In the world of cryptocurrency, precision matters. Ethereum (ETH), one of the market leaders, recently exhibited a fascinating triple bottom pattern, signaling that buyers defended the $1533 support level - an interesting entry point. This level coincides with the 78.6% Fibonacci support, adding significance to its...
SUSHIUSDT recently marked a decisive break above a descending channel, signaling a significant shift in price dynamics. Preceding this breakout, the price consistently respected both a minor and a major demand zone, indicating robust bullish pressure within the market. Further reinforcing this bullish bias is the clear bounce observed from a simple uptrend...
On a daily timeframe, COMPUSDT has exhibited a discernible higher high and higher low pattern, signaling a notable trend structure. Following the completion of wave 3, quite an evident ABC corrective move unfolded, halting precisely at the double Fibonacci support level near $47. This critical support area has proven effective in arresting the downward...
FXSUSDT has recently demonstrated compelling bullish movements, showcasing a transformation of two previous supply zones into demand areas. This shift, coupled with the presence of a consistent higher highs and higher lows pattern, reaffirms the underlying bullish trend. Anticipating an over 80% surge in the coming weeks, today might mark the inception of the...
SXPUSDT showcases a transition from supply to demand zones, successfully respected within its price action. Notably, the bounce off the 61.8% Fibonacci retracement level, coupled with the subsequent rebound from the 38.2% support and the clean bounce off the simple uptrend trendline, indicates the initiation of an upward wave. As a result, our forecast...
XRPUSDT appears poised for a potential jump, evident in its adherence to the uptrend trendline and critical demand zone near $0.56. The recent decisive bounce off the 78.6% Fibonacci support amplifies the probability of a rapid upside swing. Our trade signal suggests a swift movement towards the $0.73 resistance area, supported by a double Fibonacci level. Should...
I described my idea at chart, probably we can stay here if it wont drop soon under 43k
Important key Zones marked on Chart . Wait for rejections in zone for better opportunities.
EGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation. This favorable price action significantly heightens the probability of a 60% price surge in the...
1H - On the hourly timeframe, the context has changed to short. I plan to consider short positions with targets at SSL, which is the first target of the corrective movement.