Tilray crossed bearish trendline (purple) and entered again into side channel 1.93$-2.10$ I think price will move inside the channel for some days berfore breaking out First target to reach should be the purple dotted line around 2.40$ Short term channel is bullish (green) but long term one remain bearish (red channel)
Hello dear friends, I hope you're doing well. Before delving into Solana and Bitcoin analysis, let me reiterate two important points for newcomers and myself: 1. If you haven't profited from market dips or experienced severe liquidation, take a few days off from the market. 2. Avoid entering the market for revenge, as emotional decisions could lead to further...
i will be looking to short BTC near 67-68K area and my target is the bottom of the descending channel at 58K. 57-58K area is a also a good liquidity zone that i think price will visit soon to grab liquidity.
FX:XAUUSD continues to decline within the framework of corrective movement. Sellers are providing strong resistance and at the moment are not ready to let the price go above the key zones. GOLD → The bulls continue to fight back. Consolidation Earlier gold showed signs of strengthening, which in general the market evaluated positively and was ready to wait...
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
H1 - Downtrend line breakout Higher highs Until the strong support zone holds I expect the price to move higher further after pullbacks.
From a technical standpoint, the EUR/USD exchange rate has spent the last few days meandering around resistance on the daily timeframe. With the trend leaning in favour of sellers, resistance is seen between $1.0753 and $1.0726, made up of the following technical tools: • Horizontal resistance at $1.0739. • Quasimodo-support-turned-resistance at...
Through monitoring Bitcoin's weekly movements, it seems the bullish trend remains strong and is following the predicted pattern. There's an anticipated retest towards the bullish line around the $57000 - $60000 range, which is a crucial level to watch. If Bitcoin manages to rebound from this level, there's a high likelihood of it climbing towards the $83000 -...
Bullish Points formation of HH, HL Breakout of trendline resistance and retest Reversal from fib level (golden pocket) Entry can be taken now SL is specified Trail SL and ride the trend
EURUSD have a bullish fib. Sub fib form a confluence with support and resistance line extention and a Counter trend line break. wait to buy arrount @1.0467
Gold has been weakly short since the opening, testing the 2336 hourly line and unilaterally going short, with no obvious signs of rebound midway. The long orders at 2335 in the morning have been stopped and left at the 2331 position, the bottom of the small structure. There are signs of heavy pressure in the current 2335/36 area on the market. The European...
BINANCE:CTKUSDT has been in bearish trend. Currently, It's retracing towards fib 50-75% levels where we have confluence of descending trendline retest. We can look for short setups in that zone.
Gold fell to 2300 as expected and continued its correction to reach a minimum near 2293. Gold shorts have an absolute advantage. We followed the trend and shorted gold today near the 2323 position. Obviously, our short position was eliminated by hitting TP and making a profit. Congratulations on once again achieving good trading results! Gold is currently trading...
Hello friends nice to meet you all how was your day? I feel good today because I ate light meat for lunch hahaha Bearish Flag Pattern is indicating a DOWN. The exact condition to enter a safe position is when the retest is successful after breaking down the lower flag line. The target value is the AB=CD pattern, which is a 1:1 value drawn for each inflection point.
Chart says it all. Multi decade parallel channel top has been reached. Now markets are sharply pulling back. Watch for break of long term uptrend red line and ideally short on retest of the red line. Possible HS pattern could play out too, back to 300$ in upcoming months
NASDAQ:PYPL currently breaking out to the upside from this channel. Everyone anticipating another earnings beat next week?
🏃 AUDUSD is moving near the 🔴 Resistance zone($0.598-$0.593) 🔴 and managed to break the Support lines . 📈From the point of view of Classical Technical Analysis , it seems that AUDUSD has succeeded in forming a Head and Shoulders Pattern . 🔔I expect AUDUSD to fall at least to the 🎯 Target 🎯 I have specified on the chart. New Zealand Dollar/U.S.Dollar...
Hello Traders and Investors, today I will take a look at the Nasdaq. -------- Explanation of my video analysis: For over a decade the Nasdaq has been trading in a pretty obvious rising channel formation. We saw the last retest of support in 2022 which was followed by an enormous +70% rally towards the upside. Considering that the Nasdaq is now retesting the...