This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Even though we're still inside the black channel, the conditions are in place to consider price is back in the uptrend. Major gray support has been broken and is being retested. If this level holds, we're set to test the mid 0.0003's.
After returning to the previous ceiling, bonk rejected just near the 0.618 fibo. Therefore, it is expected that it will first break the bottom of 0.025 and then pull back towards the last LH. In that area, we can have a short position with a stop a little higher than the last LH.
Hello guys, as you can see in the Timeframe Weekly, the USDCAD now in range sideways Price Movement Up to 1.38 and Down to 1.32 Since October 2022. 1.38 is the strong Resistant and 1.32 is the Strong Support And now you can see the Price make reverse in 1.38 with bearish candle, potential target is Down until demand area 1.32 The prices will be Up Tren If it...
Hello,Friends! It makes sense for us to go short on AUD/USD right now from the resistance line above with the target of 0.647 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Nice wave structure that suggests a pump up to the target of wave 3 This is a very good price to buy!
Hello,Friends! GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.597. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
After Today news about the rate cuts not beeing so iminent and FED might reconsider cutting rates in june i expect ETH as all others hight risk products to contiune downtrend,for now i will post my analisys on lower time frame and in the days will come i will publish also my point of view about bigger timeframe,enjoy! Follow me for more trading analisys!
TITAGARH : CMP - 957.75, Accumulate for a 2 months time frame for a target of 1118 & 1180, . Script is taking support ( @ 910)and bounced back from it. will resume a small stint of upward journey once crosses 973. this time the upwards journey will be slow and time taking (45 to 60 days). Keep a strict stop loss of 897 on closing basis .
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
2024-04-22 Bitcoin in April The infamous nonevent halving has passed as expected. All this wasted energy and anxiety about pre- and post-halving crashes, volatility, wherever they said, it was all nonsense of course. There has never been a statistical or logical argument for any of it. All bullshit. Like Q-Anon. April did bring some trading anxiety, however, as...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about IQ IQ THE Bullish pennant Formation in 12H Timeframe✍️ In case Of Breakout,Expecting 60% Bullish Wave🚀
Using the (1 2 3 4 5) wave tool I've mapped out what I believe the price action and behaviour of JASMY will follow.
Looks like dag has completed an irregular falt correction where wave B overshoots the start of the A. Needless to say I expect a strong w3 here to about .45-.50c CRYPTOCAP:USDT
A cleaned up version of this larger ABC corrective wave that could be coming in here. This is one of my favorite patterns (once it completes) and its extremely reliable and consistent in all trending markets as a standard correction before a push into new highs If this idea is true (and we haven't completed the correction already) we would be in the 3rd and...
For years now TSLA has been leading the NASDAQ. A year ago this came to an end as TSLA started to underperform the NDX. TSLA is now the red-headed stepchild of NDX. While everyone only sees a big drop today, they do not realize that TSLA/NDX has cracked a major fully formed valid structure. This is far worse for the future of TSLA stock value. I usually post: ...
US30 is currently bullish and has rejected a significant level 37300.00 FOREXCOM:US30 FX:US30 . Price action is observed, bullish momentum is present. This is only a trade idea, use risk management. Happy trading