📉The GBPAUD appears to be in an overbought state as the price has been consistently narrowing within a rising wedge pattern. Recently, the price broke and closed below its support level, suggesting a potential decline in the pair. The target for this drop is set at 1.917...Trade safely 👍✅️
Oil looks to have bottomed or is close, I expect this gorgeous contraction to end up bullish. I hold this royalty company in my long-term account and have started to average in more aggressively here. My target is 14$, the dividend is a nice setup here. The company is not exposed to the same risks as oil companies because they simply own the land other companies...
EURUSD is trading within a Falling Wedge with MACD Bullish Divergence at the 800-period EMA. All of this aligns with the PCZ of a Bullish Deep Gartley that has developed on the 1-Hour timeframe. If this support zone holds I think EURUSD will attempt a Bullish breakout that will target the 50-61.8% retraces above which may align with short term upside I'm expecting...
Solana has broken down out of a rising channel only to create a new channel. Volume falling for 2 days. What's next? BINANCE:SOLUSDT COINBASE:SOLUSD
I have been tracking this Vale wedge for a long time and I have been averaging into this stock all last year, I continue to add to my position. Vale is a play on iron with a huge capacity for revenue and increased earnings. The dividend is strong and the upside potential for this wedge is substantial. At some point during the green box I expect a huge move to the...
Sasol is likely leaving behind a cycle high as it got a strong rejection at the 200DMA, the blue line defines a cycle, we expect price to close below this line moving into a daily cycle low. Price is in a rising wedge channel (bearish). Bulls would want to avoid price going lower than R225.22. It is noteworthy that enroute to a daily cycle low, price must go lower...
Good clean price and clear market structure as seen by the Descending wedge. Good show of momentum to break the high (marked). Happy to set buy limit as indicated.
Hi . As you can see, Bitcoin has reached the ceiling of the ascending channel after passing through 5 ascending waves, and after that the price started its corrective wave and almost reached the PRZ point. I think the past is repeatable and as shown in the AB=CD Chart. After the price reaches the PRZ zone, the price can have a good growth. also a Hidden...
Dollar Index retested a recently broken horizontal structure on a daily. After its test, the price formed an inverted head and shoulders pattern and violated a resistance line of a bullish flag formation. We can expect growth today. Next resistance: 103.5 ❤️Please, support my work with like, thank you!❤️
COINBASE:BTCUSD BINANCE:BTCUSD Its in the zone!!! The big move zone ....a retest of 42k can become the launchpad back to 48k and into the ascending broadening wedge it fell out of..worst case scenario we dump to 37k and hope to bounce there...
✅EUR_JPY broke out of The rising wedge pattern And the breakout is confirmed So I think that the pair will Go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hi Traders ! The EURUSD Formed a Falling Wedge Pattern. The Resistance Line is Broken. So, I Expect a Bullish Move📈 ------------ TARGET: 1.09695🎯
TVC:PALLADIUM sinking since 2022, fast. The price fell from over $3000 to below $1000. The pain however might end in 2024. The recovering auto sector, jump in manufacturing PMIs and future rate cuts might give TVC:PALLADIUM some breathing room. ETF holdings of gold, silver and platinum all fell in the last year while the palladium holding rose by %20 and more...
Dxy rising wedge pattern is squeezing smaller each day. We are expecting it to break out to the downside withing a few days to short the dollar. This is a great time to look at PA on some major pairs.
Crossing the moving average for the first time since September indicates an upcoming dump into $33-35-38k range. This will be the last global correction before the main bull market. Consolidation in this range will take 2 to 4 months. Average your bags. Now most people are shouting about growth above $50k, but these are newbies driven by immediate return.
Hi folks today I'm prepared for you Euro analytics. A not long time ago price reached the 1.0825 support level, which coincided with the support zone and soon broke it. After this movement, the Euro made a strong impulse up to the 1.1000 resistance level, which coincided with the resistance zone, but at once rebounded and made correction. Then the price continued...
Note how the two large pattern #HVF's kept you dollar long as the main directional trade from 2011 to 2022 But things may be turning around and this trade may, potentially be reversing. Often when commentators have given up on the idea of a multi polar world, end of dollar dominance , as price keep going the opposite direction. Is when the trade actually...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 LDO has been overall bullish, trading within the rising broadening wedge in blue. At present, LDO is undergoing a correction phase and it is currently approaching the lower blue trendline acting as a non-horizontal support. Moreover, it is retesting a strong support zone...