GBPUSD Pair about to change direction to Bullish Key Note 1) H4 shows hammer CS and shows rejection 2) Chart Pattern show falling wedge 3) Divergence
*please be sure to remember that today we have FOMC meeting and they are going to announce funds rate and their policies for coming meetings with a high possibility of a lot of movement in all pairs. As you can see in the chart price broke above short-term bearish trendline with strong 4H time frame Marubozu like candlestick which revels buyers strength. This...
The black rectangular boxed area represents a supply zone for a potential sell trade. The stop-loss (SL) is set at 1.24016, while the take-profit (TP) is targeted at today's low. you can take it anywhere as it flows .. i always set three of them .. one bigger lost to be closed early.. second a little lighter that extends 2 times while the 3rs one a small lot that...
Recap This week demonstrated the effectiveness of straightforward technical analysis. We kicked off the week eyeing a target of 4565 and touched a high of 4566, validating a simple trendline resistance in a multi-month triangle. A pullback was expected and did indeed materialize. Market Gauge 🟡 Neutral The Markets Overnight 🌏 Asia: Down slightly 🌍 Europe:...
Daily Chart Cardano is trading in huge range Now, it's trading at 0.254x and moving to Apex Zone of Triangle Pattern BINANCE:ADAUSDT is creating a bullish structure going up to resistance at 0.26 If Cardano can break this level, I expect it will bring at least 7% profit around 0.28 Wait for next move
Price formed descending triangle (in uptrend), broke it and continued to go up. Price then broke and retested previous high 0.57900. We can see strong bullish pressure now. There is a potential bearish zone at 0.58300.
Hi folks today I'm prepared for you Euro analytics. When the price rebounded from the trend line, it first fell to the 1.0765 resistance level, which coincided with the resistance zone, but soon, the price broke this level and declined lower. After this movement, the price a few time traded below the 1.0765 level and later Euro rose to this level again, but at...
Hi folks today I'm prepared for you Ethereum analytics. After the price declined to the resistance zone, which coincided with the 1635 resistance level, it some time traded there and then made an impulse up to the trend line, where ETH started to decline in the wedge. Later price declined below the 1635 level, thereby breaking it and then some time traded very...
after valid breakout with candle there are possibility for short position with good risk to reward...but for better confirm we can wait for pullback and take a position
Price action analysis for USDJPY. Important key levels. Potential scenarios ahead of FOMC. Your trading plan explained. ❤️Please, support this video with like and comment!❤️
Market is trending above the 50 MA and in an ascending channel. We have good support below to protect our SL.
Greetings, Crypto Enthusiasts! 🌟 If you appreciate our charts, give us a quick 💜💜 Without further ado, let's dive right into our Bitcoin analysis: Bitcoin's price consolidation phase, occurring within the range of $25,000 to $28,000, is drawing closer to a crucial turning point. This pivotal moment revolves around the dashed downtrend line on the...
after daily confirmation pin bar price will continue to fall in the menduim term, I will wait for pullback to the previous structure broken support and raising channel break retest with fibonacci confluence between 50% and 61.8 % levels to short trageting the untested low then the next daily support level
Hello traders, You could also wait for breaking the bearish trend-line! We, the risk takers, enter now! There is one entry and three TPs for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Here is my latest structure analysis for Gold ahead of FOMC. Structure Resistances Horizontal Supply Zone 1: Contracting area based on a falling trend line and a horizontal resistance. Horizontal Resistance 1: 1946 - 1952 area Horizontal Resistance 2: 1965 - 1972 area Structure Supports Horizontal Support 1: 1901 - 1908 area Horizontal Support 2: 1884 -...
Bitcoin Holding a good range to sweep both sides for FOMC - to the upside 28.1 and downside 26.5. after that it will make the main move.I didnt mention fibs today but keep them in check. Thanks for watching
EURUSD: Reacted As Expected - FOMC Next We have to be careful because the first zone is already showing that the buyers are positioned very strongly near It will require a strong message from FOMC in order for the price to reach the second bearish zone. RISK : 2%
sell now or wait the open position and go short - General Trend is Down Trend - Current wave is correction wave may be finished at level 61.8 have fun :)