Not much has changed - which is a good thing. VRA is maintaining the macro wedge with a little dip, as expected, back down to demand. Expecting a good bounce from this area soon, but ultimately looking for a break out of this wedge for expansion.
FX:USDJPY is technically poised to hit a multi-month high. Against the backdrop of a strong dollar, the JPY is losing ground as the Central Bank of Japan is failing or is not going to do its job. On D1 we see a global setup, where the fact that the market wants to break through 150.286 - 151.944 becomes quite obvious. Regarding the lower boundary - 150.286, a...
Hello,Traders! CRUDE OIL has formed a Bearish wedge pattern And is now trying to Make a bearish breakout So we are bearish baised And IF the breakout is confirmed Then we can go short Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Markets starting to realize overly optimistic rate cut bets are off the table. Now the AI optimisim is about to be tested too with NASDAQ:NVDA earnings tomorrow. SP:SPX is at a critical stage. I will not say it will fall but the risk for the downside are increasing as the massive bearish wedge formation is being tested. Careful fellow traders.
Hello,Traders! NZD-JPY broke out of The bearish wedge pattern So we are bearish biased Now and we will be Expecting a bearish Move down Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 As per my last analysis, attached on the chart, DXY rejected the upper bound of the red channel and traded lower. Currently, DXY is hovering around the lower red trendline acting as a non-horizontal support. 📈 For the bulls to take over, and start the next impulse that...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago started to trades in the range, where firstly it declined to the support level, which coincided with the buyer zone and bottom part of the range. After this, the price rebounded up and rose to 48950 points, but then it turned around and...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price traded near resistance level, which coincided with resistance zone, and later entered to wedge. In wedge, EUR bounced from resistance line and declined to $1.0780 points, breaking $1.0860 level. Then EUR tried to rise but failed, making fake...
Resistance breakout and retest happened. Possibility of long is higher, as the previous short could not happen and rejection happened. TP and SL points are shown in graph. Good Luck for All! 📈😎❤🙌🏽
Am I the only one who finds it attractive? Or do you think it's attractive too!!? My opinion for the rise is strengthened only by the consumption of the $0.5402 resistance range. The $0.4745 range is low risk. But we have to see if the resistance range will be broken first what do you think!?
Jubilant Ingrevia Near 3 year support !! Jubilant Ingrevia has support working from lasr 3 years. Support level is around 400 Also one more falling channel is working in the stock. If volatility comes then we can see falling channel support which is around 290- 300 levels. That would be the BEST BUY levels !! Disclaimer : We are not SEBI registered...
I see 2 bullish price action patterns on AUDUSD. On a daily time frame, the price broke and closed above a resistance line of a falling wedge pattern. On a 1h time frame, the market violated a neckline of an inverted head and shoulders pattern. I think that the pair may keep growing. Next resistance - 0.6588 ❤️Please, support my work with like, thank you!❤️
This is a very good selling opportunity for GBPUSD... you can see a rising wedge triangle pattern attached to the chart with very low risk and a high reward ...
✅AUD_CHF broke out of the Rising narrowing wedge and Then went up to retest the Rising resistance from Where I think we will see A bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Re-entered Lulu here at 446. The continued downward trend followed the ABC subwave from the previous entry (white circle) and now has the support of the bottom of falling wedge pattern. Price reversal and pivot from the end of wave 4. Buying (again) today with 1% allocation. Open @ 446.5 TP @ 509 c.14% ‐--‐----------- Strategy: Based on Elliot wave theory, pivot...
Link is having a contraction after the previous bull flag, this is extremely bullish. A stochastic reset is noted during this consolidation of price action. Decreasing volatility eventually leads to expansion. Link tends to lead BTC runs so if this rips expect BTC to follow shortly after.
Great set up for a falling wedge on the 15min set up for the NVida CFD. The base of the triangle is measured. Same length is my target take-profit after the breakout (MPO)