Hey Realistic Traders, let's dive into the technical analysis of SAXO:USDCAD USDCAD has moved above the EMA200 line again, signaling a bullish trend. Recently, on the daily timeframe, it broke the upper trendline of a falling wedge pattern and experienced a MACD bullish crossover, where the MACD line crosses above the signal line, suggesting increasing...
Trend Lines and Patterns: The chart shows a descending yellow trend line indicating a downward trend. There is an upward channel marked by a series of blue and orange arrows, suggesting a potential reversal and upward movement. Support and Resistance Levels: Key support levels are marked in red around 2.1932, 2.0727, and 1.8819. These are prices where the asset...
After some over performance in early July we set a Bullflag last week around $65k. Don't get shook! This time last year, in 2023, we had a long period of consolidation March-October (in white) before rising above the $30k level. This year, summer of 2024, we're rhyming. Bearish? CRYPTOCAP:BTC needs to lose the $60k level and hold us below it for at least a...
1st mark all imp levels 2nd make possible trendlines where market respects 3rd search for traps or fake breakout /breakdown 4th make plan and exicute on setup 5th wait for setup retest and enter
Uber is looking bullish and can do 80+ as there is nothing to stop price at the top.
Im bullish on btc cause of 3 reasons in terms of fundamental vision : 1- fear of MT.gox repayment is over the truth (FUD) becoase : a) reapments will be gradual b) BTCs will be repay by several CEXs (pervent from drop) c) creditors wont sell btc at once cause of tax 2- capitulation of miners were done! : according to onchain data 3- selling by Germany GOV is...
the orenge base is weak and breakable! but i think 2 blow zone are great for getting confirmation to upside! lets see guys ! NFA-DYOR
Current Resistance Level Gold (XAU/USD) has recently encountered resistance at the 2361.00 level. This resistance has been tested multiple times, suggesting potential downward movement if it holds. Technical Analysis Overview - **Resistance Level:** 2361.00 - **Support Levels:** Key support levels to watch include 2356.00, 2351.00, and 2346.00. - **Trend...
BakeryToken flashed a bullish MACD crossover on the daily chart. Based on backtests, the signal provides a solid win rate of more than 90% for 2% and 5% gains. Even for 10% gains, the win rate is more than 82%. Additionally, the trend indicators are entirely bullish across all timeframes. Momentum indicators are neutral, which further backs the bullish...
Hey there, Let's take a look at the daily timeframe of BINANCE:FILUSDT . As you can see, the price has been on a downtrend since the $11 zone. Currently, after some minor fluctuations, it has been rejected from the 200 EMA and is trading around $5.50. The price is more likely to move downwards. If it consolidates below $5.35, we can expect a further correction...
WTI Crude Oil has been in a consolidation Phase since the beginning of the month. After breaking out of it recently, I expect the price to go up the decision Point Zone and to then drop. Lets see if this trade works out. TVC:USOIL
✅GOLD will soon retest a key resistance level of 2363$ So I think that the price will make a pullback And go down to retest the demand level below at 2347$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The market forms a double top , I already took that trade to the down side gaining 2000 $ and now i'm entering on another trade to the downside aiming for 2.51 to 1 RR , SL at 198.953 and TP at 197.454
I'm very bullish on BTC , as we see we are on an uptrend , so we are looking to buy BTC , i'm waiting to take a buy position when the trendline is broken and I'm gonna aim for the 73998.06 and stoploss is gonna be in the 67902.47 . i'm not sure about the Stoploss area because i haven't seen the price breaks the trendline yet.
Seing Great Long idea on XAUUSD after nice drop which gives us quite nice entry price with a good Risk Reward
After the UK CPI came hotter than expected, short positions are shining on the horizon. The UK100(FTSE) index looks over-extended to the bullish side, but better than shorting the index itself is finding a highly correlated with the index position, which in our case is HSBC. As you can see the periods in the past are marked with verticals, whenever the index...
In our previous analysis quoted above we have referred 2407 area as the area of retracement as there is strong support in that zone. and as we predicted the same happened the market retraced from than zone and again hit back the zone creating a DOUBLE BOTTOM and again goin up to nearby resistance zone. support and pivot 2407-2405 if this area is not breached...
Daily Euro Time Frame Analysis Euro is likely to have a percentage correction from this range and then continue its upward trend.