FX:GBPAUD continues to strengthen within the framework of the uptrend. The price updates the local maximum and continues to seek trend resistance The currency pair may make a correction against the resistance of the ascending channel. The price may reach the upper boundary of the ascending range and form a false breakout or other traps for players. Price...
CMP: INR 2336 | Industry: Capital Goods P/E: 22 | Industry P/E: 38.4|ROE: 13.7% | ROCE: 18.8% |BV: INR 726 | EPS: INR 96| MCAP: 2369 Cr. Aggressive Entry: 2,336 | Resistance Levels: 2,712 | 2,947| 3,220| 4,204 Stop Loss: 2065 Confirmation entry levels: 2,512 | CCI: 66 | EMA (9d): 2,225 | S. RSI: 32 Analysis: Honda Power has been in the formation of a symmetrical...
#High coin is in descending channel with resistance around 1.60 Coin will retrace after touching 1.60 , so sell it at resistance
#High coin is in descending channel with resistance around 1.60 Coin will retrace after touching 1.60 , so sell it at resistance
We have a meaningful trendline break using log scan close only line chart , support further below
BINANCE:APEUSDT is trying to develop a bullish scenario. The prolonged bearish trend may end, but buyers will have to take and hold a few positions to do so While bitcoin is testing a strong support area and is in the correction phase, APE is breaking the descending wedge resistance and forming a local wedge. In this case, we are interested in resistance at...
OANDA:XAUUSD is testing the indicated target support at 1912.7. A false breakout is formed and the market reacts with a rebound to the false breakout of the liquidity area The price is testing the resistance of the next bearish channel. There is a possible reaction in the form of a fall from the resistance and at the same time, the price may test the...
BINANCE:SUSHIUSDT is forming a bearish wedge and after retesting the global bottom, the price starts to strengthen, breaking the resistance of the pattern A symmetrical triangle has been forming for the last few weeks, within which the potential is accumulating. Within the forming figure, the price is breaking the resistance of the global wedge, but is still...
BINANCE:RUNEUSDT is forming a prolonged downtrend. A global setup capable of changing the trend is being formed. After testing the bottom, the price starts to realize the bullish potential The rebound from 0.777 (market bottom) forms a bullish reaction on the background of bitcoin growth. An active strengthening and breakout of the global trend resistance is...
So we broke the trendline on 1hr/4hr and also the strong resistance…. Which is for me a signal to enter a buy. the tp is wayyy up. But Ill jump in and out of thos swing on prolly daily basis cuz of the dd rules on my challange. Also ichi moku on 1hr,4hr, daily comfirms it
OANDA:XAUUSD is testing a key liquidity area after breaking triangle support. The price updates the global lows and confirms the presence of an ongoing bearish trend The price fails to reach the support at 1912.7 and forms a rebound. Most likely the target of 1912.7 is still valid, but before the support is retested the market needs more liquidity and for this...
Gold finally breaks the lower boundary of the bearish channel. The market is forming a 0.6% impulse drop and the price is testing 1914.4. Technical pullback may fix the price in the zone for selling after which the fall will continue TA on the high timeframe: 1) Breakout of the range support forms a strong impulse. The way is open for a decline to 1892 2) Price...
Price has taken support from parallel channel bottom which is a strong support/fib ret level. Breakout from trendline is observed Trade with SL
GBPAUD is on a downtrend It is nearing a demand level and I am ready for retest and a drop Looking for big candle momentum & a break @ 1.94300 - 1.94250 area \ Patience .. pretty strong setup here
Looking to short EURNZD after break and retest of that small inner trendline, take profit is next significant zone.
ZENUSDT is under strong sell pressure and break through important support zone with enormous sell pressure. If the bears pressure is still on then bear's next target will be $8. What you guys think of it ?
Gold has been declining since the opening of the session with the result of -0.5%. Earlier a false breakout of 1943 was formed, most likely the price will continue its fall, but only after breaking the support of the bearish channel TA on high timeframe: 1) After breaking the support, the price forms a retest of 1938.9, but makes a false breakout 2) Liquidity...
FX_IDC:USDCNY Price is at a tough spot and I should wait to make a guess. Price could break out of the triangle and retest the resistance zone(I didn't mark it but it will be the last high)before it shoots up -OR it will come back down to the daily support and continue in the range. All I can say for now is that I'm watching to see if a "death cross" will form...