EURUSD is still extremely bullish because the price is above the 200-day daily moving average and also above the major white trendline. Trend is your friend, so we want to take only longs!
The price is also inside this ascending parallel channel, and I expect another push to the upside to test the upward trendline of the channel. It's possible to bull-break...
The USDZAR pair fell out of a parallel channel, bounced off the Pitchfork and backtested the channel. On its way down, it broke out of the major Pitchfork and also went below 20 June 2023 price, defining a cycle failure.
Currently we see price recovering the 200 day moving average at a point where a median line intersects a pink support trendline, this is within...
icici bank is ready for big move of approx. 18 percent
RSI is also supporting it
after the successful breakout of the cup and handle pattern
it is now retesting it and ready for the big move.
buy - 970
SL - 950
Target - 1000 , 1120
Amazing Risk reward ratio - 1:10
HBAR will remain bullish as long as it remains above the wedge it broke out of. This is a re-draw of the previously posted wedge that I think makes a bit more sense.
Should it stop moving down anywhere above or within the green box, I'll expect it to continue up towards targets marked on the chart above - TP 1 and 2.
Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC is currently hovering around the FWB:29K level.
According to the chart, it is forming a falling wedge-like structure in 4hr time frame and currently trading inside the wedge.
Expecting it to move inside the wedge for a while and...
Hello,Traders!
NZD-CAD broke out of the
Narrowing wedge and the
Breakout is confirmed so
I think the price will go up
Buy!
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The pair has shown signs of a trend reversal. The Falling Wedge pattern is formed. Moreover, RSI is also showing divergence with the trend. Stoploss, entry, and profit levels are marked. Let's see if the market goes as planned or not.
On the larger timeframes, DIS is painting a beautiful falling wedge (bullish) that is lined up with a highly-anticipated ER coming up on 08/09/2023. It is also resting at a huge and major support from 2015 at the $85-86 range.
Ideally, the bullish idea would be for a great ER that will allow DIS to break out above this falling wedge for a run. You can anticipate...
The reasons why to sell
* Verified Resistance
*Double Top on our rising wedge
*we see a clear breakout of our support
*Elliot Impulsive Pattern
NB: We wait for current candle to close in bearish so we can start dropping hard to complete wave 4 to our green Support. 👌
What do you guys think? Let's dicuss if you have different views about this idea 💡
Apply proper...
Hello Traders,
Huge falling wedge spotted on MBOX. It might follow YGG in the next few weeks.
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Thanks
Hello,Traders!
VIX made a bullish
Breakout and the breakout
Is confirmed so I think
That it will go further up
Buy!
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Paypal - NASDAQ:PYPL
Below I cover the Chart and some interesting fundamental news on what Paypal is upto.....
CHART
Everyone should have expected significant resistance at the $74.66 price level due to a confluence of the following at that level;
1. 200 Day SMA
2. Point of Control (POC)
3. Falling Wedge Diagonal overhead resistance
(SEE CHART FOR...
At the end of a falling wedge with a double bottom and RSI just coming out of oversold.
Barrick has reported preliminary Q2 sales of 1.00 million ounces of gold and 101 million pounds of copper, as well as preliminary Q2 production of 1.01 million ounces of gold and 107 million pounds of copper. The Company remains on track to achieve full year gold and copper...
This is my projection for the next 5 years. Bitcoin always rapidly grows after the halving event. But around 16 months after the halving event, Bitcoin started to crash significantly.
On the chart, we can see a very important Fibonacci channel on the LOG scale. The 0.618 FIB is always a strong level, and bitcoin hit it almost to the dollar in 2022. Take a look...
that is a rising wedge on a daily TF
we see instance of price surging thereby creating a liquidity void which of course will be filled at some point; only a matter of when.
Also there is a Balance Price range ay 21400 - 22k, so note that price might revisit there.
I see BTC filling up the currently liquidity created and then launching all the way to 38k before...
