ETHUSD has shown a lot of strength today and so I think an update of my ETHBTC inverted head and shoulders post from a few weeks ago is warranted. It is my hope that we don't perform just yet so I can get more time to enter my position but if the gains just go insane from here I might find a way to cope with that. The price action is stalling at wedge resistance...
Gold is falling inside the Downward channel. We see the strong support line that gave the rise to the bounce of the price together with the swing of the ROC. Moreover , the Aroon suggest that price can take the reverse trend and rise up to the 1891.326 and likely to the 1911.041 lvl.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share...
Buyers were accumulating Orders in the range i was pointing at, from there strong buying activity started, now we are revisiting this area where most volume has been done at 0.63000, i expect buyers from the range to defend their orders at 0.63000 and push prices higher
USD/JPY 🇺🇸🇯🇵 has been moving within the Falling Wedge. Overall , the situation looks like the pair can spike very well if the indicated levels will not reject the price.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
We are currently in this descending triangle pattern, if we break to the downside we have a measure move pointing to 24815, which lines up with an accumulation of the previous trend, so if we break this descending triangle support and retest it, i would enter shorts to target 24815
Let's take a look at AUD/NZD🇦🇺 🇳🇿 from a slightly different perspective. We can see the formation of the Rising Wedge pattern with the recent rejection from the top trendline. As the RSI divergence suggest the price can take another direction and breakout from the Wedge.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts...
EUR/JPY🇪🇺 🇯🇵 is pulling back from he Resistance zone. The price is likely to decline further according to the Bollinger Bands and if the 0.90115 lvl is broken the the pair can fall even deeper.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
Zooming the GBP/JPY 🇬🇧🇯🇵 we see that the Ascending Triangle is formed. The resistance recently has been tested for the 3rd time , thus we can expect the upcoming breakout. The 200 MA indicating the Uptrend , thus we shall expect the rise!
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
Like the title says and everyone knows there was some crazy stuff that has happen. Disclaimer I took profit at the start of the day, after watching a video saying technically we are at ath, since tradingview didn't take in account of splits for this stock, so no idea if thats true, but sold for a pullback to $6. Now I don't know if that was luck, but that...
GBP/JPY 🇬🇧🇯🇵 is moving within the Ascending Triangle pattern. The price still cannot break the resistance and According to Stochastic divergence the price is most probably is going to decline down to the 137.716 level.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
GBP/AUD🇬🇧🇦🇺 has formed the Symmetrical Wedge pattern. Recently , the price has moving within the sideway channel and we just can see that the bounce from support was followed by the bounce from the bottom trendline. The midline is crossed and the ROT is indicating - to + swing , so we can expect the rise up to the resistance area.
If you like the idea PLEASE...
BCO/USD ( Brent Crude Oil ) 🛢💵 has just broken out from the bullish flag. The ROT - to + swing suggest that the price can rise up to the 48.899 Resistance.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
EUR/NZD 🇪🇺🇳🇿 is moving within the falling wedge pattern. The price is testing the top descending resistance and according to RSI it is not supposed to be rejected and will pullback from from the Bollinger Band Upper.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
At the moment , USD/CAD🇺🇸🇨🇦 is lying on the 2 strong support. The bounce here is quite likely as ROT and Stochastic suggest. The pair is expected to test the channel's resistance.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
AUD/NZD 🇦🇺🇳🇿 is about to leave the falling wedge pattern. The deep RSI oversold suggest that the price most probably going to spike.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
