FX:GBPUSD breaks the trend support and is in the red zone, but the price may form a false breakdown and counter-trend correction before further fall On the chart we see a global uptrend within the price channel, but at the moment of strengthening of the dollar, the currency pair gbpusd breaks the support of the trend and is in the red zone. As part of the...
Bitcoin is moving in this huge parallel channel no one talks about, and the price is respecting it pretty well, including the middle trendline! The current price of Bitcoin is around 25900 USD, which is very near its bottom in November 2022 at 16000 USDT. I expect this low to be followed by a huge crash, so make sure you are prepared for it. Bitcoin has been...
OANDA:XAUUSD is within the descending price channel. The trend break occurred at the end of June. Within the current channel, the price makes a false breakdown of 1902 and forms a rebound to resistance, which many perceived as a trend change, but it is not so There are not many key news releases this week, but all of them are published on Wednesday, they are...
Ever wondered about the intricate tango between bulls and bears in the trading world? 🕺💃 Let's take a peek at the Euro-dollar's current moves on the weekly chart. While the bullish trend has held its ground, recent weeks have seen the bears making their mark. But, there's a key level – 1.0637 – that holds the secret to shifting the scene. A break below this...
Considering the breaking of the last upward support in the daily time frame, I give the probability of the price reaching the specified support
#C98 is so boring. We are not trading this coin untill price goes above the green trendline. Below the green trendline, C98 is boring and bearish. Red trendline is support.
#Sui breaks the red trendline. Price will dump by following blue arrow. Sui will touch black lines soon.
EURJPY sell in my view. Strong move break structure. i think now consolidation and than slowly slowly down
BUY ABOVE - 19440 SL - 19400 TARGETS - 19470,19520,19580 SELL BELOW - 19370 SL - 19410 TARGETS - 19320,19260,19200 Previous Day High - 19585 Previous Day Low - 19370 TREND LINE ACTING AS A MAJOR SUPPORT FOR TOMORROW 19370 LEVEL I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels...
FX:EURUSD continues to fall on the back of the strengthening dollar index. As I mentioned earlier in other ideas that the 103 level plays an important role for the TVC:DXY . The currency has consolidated above and headed towards 105, which makes both the forex and OANDA:XAUUSD to fall The chart shows a descending price channel that plays a key role in...
RUNEUSDT has break the inclining trendline and started to make new trend by printing consistent LH LL. If this breakout sustains the next target could be 1.38 followed by 1.23.
With both EMA's showing a correlation on the Daily and H4 timeframe signaling a strong upwards momentum. A trendline and H4 support are being retested after a break and closure above both levels. CADJPY is currently giving us the confluence to go long.
My analysis shows an impressive crash is prepared on ETH after 427 days of consolidation in this bear flag on the weekly chart! It was a long time, and ETH has been going pretty much sideways. Now we have to expect huge volatility! The trendline of the bear flag is clearly breaking down with an ABC Elliott wave corrective pattern, which strengthens the bearish...
FX:USDJPY continues to form an ascending price channel. After breaking one of the resistance lines, the price is forming a pattern that could weaken the price during the DXY stop. On the chart, I have marked two levels that are quite close to each other. Pay attention to the levels 145.06 and 144.9. The price forms a correction after the formation of a double...
OANDA:XAUUSD confirms flat resistance and forms a retracement of 1890 support, but the price does not reach flat support, while XAU forms a double retest of MA-200, but does not update the high. Strange situation in the market Statistically, another retest of resistance can lead to a breakout of resistance, but as long as the price is in consolidation we will...
FX:USDCHF continues to strengthen within the ascending triangle. The price is retesting the trend resistance. What can happen? As we can see on the chart on the bottom left, the currency pair is forming a consolidation relative to a strong resistance area. The mentioned accumulation, when moving to the phase of implementation is able to change the direction...
CADJPY has break the inclining trendline and important support zone heading toward the lower targets of 160.50 area. As the price has also break the local descending channel to downside which is also signaling the sell side is much favorable. What you guys think of this idea. ?
This pair has been a downtrend since June. The pair has reached its maximum momentum for a downtrend since it broke the trendline in the H1 timeframe. I predict it will go to the nearest H4 resistance to test that price to either continue as new trend or just retracement.