EURGBP | The Support Area I Still Holding Strong EURGBP is developing and extended corrective structure. As we can see the support structure is holding the price up above 0.8490 We can see EURGBP moving higher during this week and to test the higher price levels as shown on the chart. Thank you and Good Luck!
Bitcoin | Time To Buy Again? As we can see bitcoin is close to the support area again. We can trade this for the short term targets as shown on the chart: Targets: 🎯 30113 🎯 30715 What is the most important thing is that we should calculate the risk in advance for this trade as the market has still a strong bearish momentum and we need to be prepared for...
KCS | KuCoin Token | One Channel At a Time After BTC dragged down all the other cryptocurrecies the market looks like it is moving from the panic side and it is getting back to the normal trading routine. This is getting more clear now as long as the broker's token is recovering very well in price. The price is correcting lower and it looks like it is close...
EURUSD Reaches a Two-Week High. What's Next? As of May 12, the price started the bullish movement after it tested strong support was seen for the last time 6 to 7 years ago. Now the price seems to be close to completing a harmonic bearish pattern. This is a potential area where the price may face strong resistance. It is not a necessity for the price to move...
USDCAD | Descending Broadening Wedge USDCAD looks like it has completed a "Descending Broadening Wedge Pattern" Since the mid of May the price is moving within this pattern that is not taking a clear direction. Now the price is finding again support close to the lower support line near 1.2730 This bullish movement is confirming a potential "E" wave for the...
Will the price increase or will it be corrected again? EURUSD | Descending Channel Since the beginning of February-22, the price is developing within a " Descending Channel". Actually, the price is close to the upper line of the pattern. The price can make some up and downs with very low volume until it will reach the pattern. The problem is that the...
EURAUD | Follow The Triangle Breakout EURAUD is moving within a large corrective structure. On the lower time frame, the price is creating also a bearish triangle that can move it on both sides. If the price will move above the triangle it can increase up to 1.5260 If the price will move below the triangle it can decrease up to 1.4900 Thank you and Good Luck!
GBPNZD | Potential Megaphone Pattern | Before/After During the previous analysis I have shared a Megaphone pattern. This pattern it is a bit tricky on its nature but it works out very well. As we can see the price reached the middle point of the pattern that is really crucial and after that it moved higher again. The original idea is below. Thank you and...
GBPNZD | Potential Megaphone Pattern From the price movement, we can see that GBPNZD is creating a price expansion that already has taken the shape of a megaphone pattern. The price is already facing resistance from the upper part of the structure and it can push the price lower again. However the correction that the price is doing close to the top of the...
GBPAUD | Trading Within The Structures The price is moving within a big corrective pattern and on the other hand we can also see another triangle pattern that is correcting. Once the price will move above the pattern it should continue moving higher again. This is showing that the direction of the trend should change very soon and we can see GBP to increase...
NZDUSD |Continuation of the downward trend or a possible price reversal? On the bigger time frame, the price is moving in a strong bearish trend. It will be needed a lot of power for the price to change the direction of the predominant trend. Technical Analysis: Since 02-May-22 the price is moving within a strong support area from the downside and a strong...
NEO | Bullish Wave Should Begin During The Coming Weekes After the strong drop on BTC and all the other altcoins we can see that the price is taking a pause in many of them. On the NEO chart we can see that the price completed a Harmonic Pattern in a very strong and old support area as well. This bullish support can push the price up again in the coming...
KuCoin | Gartley Pattern Is Developing Well | Next Target $20 From the previous analysis on KCS (Kucoin Token), we can see that the Harmonic Gartley Pattern worked out very well. The price reached the first target and now I am expecting only a small pullback. However, this pullback may not happen as well. If the price will move lower we will have the...
Bitcoin | The Next Bullish Wave Will Come Very Soon As explained also during the previous weeks the price has to spend some time close to the support area located between 28.70 and 30.5K. The reason is that the crash was very aggressive and the public should take its time to understand that the bearish movement is already finished. When the big whales will...
BNB | Is BNB Preparing For The Bullish Movement? From the weekly chart, we can see that BNB tested a strong support area close to $277. The Luna crash created a big mess in all the system but now everything looks like it is getting back to normality. Technical analysis: The price is moving within a very large weekly triangle pattern. After completing the price...
KCS | The Price May Reach 20.9 Next Month After the BTC movement and the Instability created by LUNA now we can see that the market is getting more stable. The bearish movement on KuCoin was only due to the instability of the cash shift and the panic created in the market. It looks like everything is getting normal as this token was really...
GOLD-Price Reacted Very Well After The Completion of the Patterns After the price completed the harmonic patterns during the previous idea we saw a very nice price reaction. The harmonic patterns are working very well and they are pushing the price up again. We can expect any price correction before the price moves up again. Thank you and Good...
EURNZD | Wedge Pattern Price is moving within a wedge pattern. Actually, it is close to testing the top of the pattern again and after that the price should take the next decision if it wants to move up or down. So overall the pattern looks very good but it is very tricky Thank you and Good Luck!