• SHIB is trying to trigger an IH&S chart pattern just above the key support at the black line; • Would be important to see SHIB breaking the blue and purple lines in order to trigger a bullish reversal – this could make it seek higher levels; • However, if it loses the black line, it will frustrate any possible reversal thesis, and the next stop is at the next...
On daily timeframe USDJPY is in a bullish trend and has hit the Strong daily trend Resistance line from where it has reversed. On the Hourly Timeframe the strong bullish trend formed and the trend is now broken making by making a new LH as opposed to a HL. I am predicting the price will continue to fall from here to the Daily Support level. However, in order...
Technical Analysis on OANDA:XAUUSD Gold is in the support zone at the moment, which might give a short-term bounce but I see good selling in long term. Some Key Points: -DXY is getting strengthen -As per the seasonal November is one of the most bullish months of the year for DXY -Gold has already broken its major Double top neckline -Following significant...
The candlestick indicates a price breakout above the " triangle" pattern neckline on 2 Oct 2022 backend with volumes. Thus, closed above the SMA line where the stock has consolidated and formed a "return move". The MACD indicates a divergent pattern where confirming the initial significant price movement toward the next price resistance. The RSI indicates a...
In this new analysis, I see that Euro/Australian Dollar look very interesting to long in this trade. What right now, we see a bullish signal to buy EUR/AUD. So guys, I will share my expectative, because we could to find up 110 pips in this trade. So, If you look in H4 timeframe, we're in the psychological market trap, as bull are defending this zone to make Euro...
For the moment, Australian Dollar/Yen Japanese still bullish and we're in the driven direction to the upside. So, the only udpate it's move the break even at $$94.44 JPY. And my target it's the same $95.60 JPY. But I want to share you what I expect for the next movement to see later that if AUD/JPY reach my target profit. We hope a little down until $94.85 JPY....
In this update, I will analyze Bitcoin from H2 timeframe giving me an interesting fact that the price could to continue climb toward $22k. It's appear that in H4 timeframe look bullish in this run. Meanwhile, in Daily timeframe, Bitcoin forming a possible bearish Gartley Harmonic Pattern, what more later, this look a good opportunity to short in the smart...
In this analysis from Friday and very update, we see that Canadian Dollar/Swiss Franc continue to my led direction in the upside. So, I see that H1 timeframe look strong bullish. The only udpate will be to put a break-even in $0.7304 CHF. That it's to cut loss like 12 pips what I enter $0.7316 CHF. What in this moment, I have 34 pips in profit. And move the target...
• SOFI jumped after earnings, but it hit a critical resistance; • In the daily chart, there’s a resistance area made by the previous top levels seen on September (blue area); • In the weekly chart, SOFI just hit the 21 ema. In addition, the trend is still bearish, as SOFI could do a higher high and it is still below the 21 ema; • However, it seems it found a...
• AAPL is correcting today, and it just hit its first support level at $152.55, as seen in the 1h chart above; • Could AAPL keep correcting? Yes, but it must confirm the pullback by losing the dual support level in the 1h chart made by the $152 + 21 ema; • If AAPL confirms a pullback, the 21 ema in the daily chart would be the next support area; • As long as AAPL...
Welcome back! Let me know your thoughts in the comments! **GBPJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
It will be a little bit different on today's market update, especially about bitcoin which in this specific post, we want to discuss further about the regression band on the bitcoin as the specific approach to identify the range on these overall bitcoin's bull market. Just a note before we start that this regression band is only acting as a guidance for...
In this review, I made an analysis on CAD/JPY in my analysis there. Where in the starting of this week, I was shorting CAD/JPY from $108.62 JPY and my I had my target fix to $106.96 JPY. What during first trade on Wednesday, October 26, 2022, And regarding that CAD/JPY was in the formation of this bearish BAT Harmonic Pattern in formation, my expectative was...
In this review, I will made an analysis that Ethereum climbed from $1,280 USD in the past days, what first, I entry around $1,348 USD and go my target toward $1,460 USD. So, I got 7/67% growing up of my account. What I will sum this percentage what I had during this month October, but tomorrow I will check out my analysis on CAD/CHF and CAD/JPY to make a...
• The crash was intense on AMZN, could it bounce from here? Let’s see; • First, the trend is bearish, as AMZN is doing lower highs/lows in the 1h and daily charts; • There’s not a single bullish structure indicating it’ll bounce in the near future, however, AMZN just hit an important support level; • As seen in the daily chart, the $101 area was a previous support...
• AAPL is heading to the next technical resistance at $158.85, as seen in the daily chart; • The bias is bullish, as AAPL is doing higher highs/lows in both, hourly and daily charts; • Yesterday, it just retested the 21 ema, before flying again, indicating that this is a key support for the mid-term; • What if AAPL corrects? In the short-term (1h chart), we can...
• SPX is in a bull trend, doing higher high/lows in the daily chart; • In addition, it triggered an Inverted Head & Shoulders chart pattern, as evidenced by the yellow lines, and this supports the bullish sentiment; • Now the index is facing its first resistance area, made by the previous top at 3,908 (as seen in the daily chart), and by the 21 ema in the weekly...
Bitcoin it's in the good point to look a short position in H4 timeframe. We're in the formation of the possible weak from this level $20,400 USD. So, I hope that Bitcoin continue down. If we see a bearish rejection from this top, I would to put a sell order limit to $20,600 USD with chance to short. Also, in H1 timeframe we see a bearish candlestick formation...