If the cycle for COCOS keeps the trend, there is a possibility that it could reach a market cap of 1 billion, which may have an impact on its price action, potentially reaching $15. However, it is important to note that this is not a trading idea, but rather a view of the market's potential. As a trader, it is crucial to follow the current market trends and...
Hi Guys, I'm sure most of you are unfamiliar with this pair, however, this pair has some good price movement at play that could provide nice trading opportunities. We just had a bit of a sell-off for the past weeks as prices entered a strong weekly/monthly supply zone. This sell-off brings the price to a key daily demand zone of which the price is meant to cool...
Hey Everyone, I wanted to share this chart again to highlight the swing down we were expecting. As we continued with our plans to buy dips, we maintained our risk management due to the detachment reset below; highlighted on the chart and also the axis trendline acting as resistance. Our Bullish targets were complete on our 1h chart idea earlier this week before...
Hi Traders! We have a long-term ascending triangle formation on the 1D chart. There is a triple top resistance setup at the 138.136 (December 16th 2022 high) area and we must break and close above this level for a bull push towards the psychological 140.000 level which we have not seen for almost a year and a half. As long as we stay above the 50 Moving Average...
Hello Traders, I am here again to update you on my view of EURCAD. This pair is currently trading inside a weekly demand zone (yellow box). Not only that it created relatively equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1-hour timeframe which it has swept. It has also cleared the low of last month's candle close. Now...
Hey Everyone, As stated yesterday the swing range was not fully complete and there was room for further move down. We got the full test on the swing range today completing this entire chart setup with all BULLISH and BEARISH targets now complete on this idea. The swing range identified gave a nice swing bounce to catch. As long as EMA5 remains above the swing...
Here is my analysis about gold, we are in support level, before last wave 5, there is needed wave 4 to be finished. I think wave 4 will bounce in upcoming days, and then we will see downtrend again, before we trend tries to be changed. For now, I am opening long position.
USDCHF forms a break of the downtrend and the currency pair smoothly moves into the sideways range of 0.90000-0.88700. The currency pair sends the preconditions for a possible strengthening. An ascending triangle is formed, the key resistance level is 0.89950. If this area is broken, the price may form an active upward impulse with increased volatility and...
Hi Traders! Please see the updated chart for EURUSD. We have a possible reversal to the bearish price channel. We have the first resistance around the 1.09082 level, which is the April 17th 2023 low that we broke as Support. If we retrace from 1.09082 instantly, we are likely to target the support level of 1.08313, which is the low for April 10th 2023. If we...
CRYPTOCAP:ETH bounced off the resistance level and the descending trendline. Decline to support level at $1751 is likely to happen.
Hello Traders, This pair which is a new addition to my watchlist is looking interesting. Let me tell you why... Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart. Now that price had taken buy-side liquidity,...
Hello Traders, I am here again to update you on my view of EURCAD. I have also done my best to mark the chart so you can train your eyes to see certain things in the market. This pair is currently trading inside a weekly demand zone. Not only that it created relatively equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1-hour...
#SUNPHARMA... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
#CROMPTON... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
On the chart we can see a rising wedge. The price broke down of the pattern. We are expecting the price retest previous support and confirm it as a resistance, which would be our entry for the short position. Stop loss: 155.14 Target: 138.44
◳◱ A Resistance Breakout has been identified on the SIX:ALGO / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000622 | 0.00000639 | 0.00000677, and the major support zones can be found at 0.00000584 | 0.00000563 | 0.00000525. Consider entering at...
◳◱ We've detected a Super Trend pattern on the NYSE:DASH / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.001605 | 0.001679 | 0.001828 and the major support zones are respectively at 0.001456 | 0.001381 | 0.001232. We may consider opening a trade position...
⚠️ Reaction from BUY area ..!!! 🟢 Try to BUY🔼 all the Dips !!! 🟢Confirmation 1.2445 zone #GBPUSD Confirmation Trade direction change. Up Trade with new high.