Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a not long time ago started to rise inside the upward channel, where firstly it declined to the 1.0780 resistance level, which coincided with the seller zone. Soon, the price broke this level and declined to support line of the channel, after which EUR at...
USD continues to maintain its advantage over JPY in the US trading session on Monday, pushing the USD/JPY currency pair higher. However, the RSI indicator on the 4-hour chart suggests that this currency pair is currently overbought, hinting at a potential downward correction in the near future. Nevertheless, this could also present an opportunity for investors, as...
From a technical point of view, the upward trend of XAU/USD continues after surpassing the new peak of 2223 last week. This week, the price has exceeded the previous peak and established a new high at 2236. Based on analysis on the H4 and Daily timeframes, the EMA 39 is crossing above and gradually distancing itself from the EMA 89, indicating strong signs of an...
On the 30-min chart Gold is projected to reach 2082 soon, then a slight correction, then a journey upwards. RSI and MACG are supporting this view.
Bullish Divergence on the weekly time frame (annual time frame) indicating a run for the next 4 months. Oversold stochastic Market exhaustion on the RSI, also showing bullish divergence.
The weekly chart analysis suggests a potential upward movement. The 14-day stochastic oscillator has reversed from the oversold zone, indicating a momentum shift. Price found support at 220 level. A fresh divergence on the chart adds to the indication of an upcoming upward trend. Buy at Market, Target at 235, Stop Loss at 218
🐂 Trade Idea: Long - BWA 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout 🔍 Entry: +/- 48.28 🐿 DCA: No 😫 Stop-Loss: 45.29 (46.67 for aggressive trade) 🎯 Take-Profit #1: 51.05 (50%) 🎯 Take Profit #2: - 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all...
Tesla is set to continue cruising upward despite strong sell indicators arising and constantly failing. Tesla is defying the odds in this hot market and with news of the $7500 tax credit for owning a Tesla automobile, the stock will only further rise. Fundamentals can impact trading to a point where the technicals are useless. The debt ceiling deal bull run is...
Price trends upwards to test the resistance zone at 33690. About 190 points can be made with this move.
Now the market has retest the support zone showing reject on suppurt and confirming the weak of bearish, as i am patient waiting for structure to been form pushing up and breaking resistance zone waiting for a retest on resistance zone so that i have a clear confirm is a buy. as well my trend line shows the upward trend.
Hi investors! afterwatching today's technicals, I concluded that, chart can show big breakout towards upside or downward !! A/C to me considering some fundamentals of todays market/world conditions & upcoming world recession, XAUUSD can FLY !!!! LOOKING FOR BETTER POSITIONING.
As you see in the chart, there is a purple bearish trend line and there are 3 red horizontal lines. The Purple trendline is based on two pivots on days of 30th of March and 10th of November. And the red horizontal lines indicate top and bottom of Trading range that has been made in the past few weeks and the dotted one is showing top of the smaller trading range...
We obviously fell a lot with BCH, but still price did not broke any multi year supports, set back in 2018. With such fall those yearly price gabs were closed and i am very positive that the bottom is in for BCH and other crypto. There is gonna be plenty of resistances back to the top. Those resistances are trading ranges or price areas where larger trading...
The trend is still breaking all the resistance levels, with this momentum, I think the price will break the next resistance at 1.0200.
-breaking bearish channel -break the main resistance -Confirm the upward trend -momentum -technical indicators -fundamental analysis
hello guys! in my opinion, this pair (#cadchf) started a new bullish trend from a strong support level (level=0.73602) and on that level formed a head and shoulders pattern so it confirmed a new bullish trend too, on the other hands, the last supply kink engulfed easily ( i mean range of 0.7525-0.7545) so everything is ready for another upward movement until...
Hi traders, as can be seen from the daily chart there are good bullish signals for this pair although overall the market still remains strongly bearish. First we see that the MA50 has been broken and the price right now uses it as a support. Second, there is a large bullish divergence in the RSI. In conclusion it is possible to see that after the first impulse...
BTCUSDT potential inverted Head and Shoulder in a expected swing upward on this bullish oversold momentum. Pinbar bottom daily formation.