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!
EURNZD | Potential Head & Shoulder Pattern In this scenario, we are anticipating the potential right shoulder of the pattern. So this is a potential scenario of how the price can develop. If the price will test the neckline close to 1.6570 we can see a price reaction that can increase again for the right shoulder. However, exist also the possibility that the...
AUDUSD | What will be the next price direction? As we can see the price is moving within a descending pattern. After making the "Z" leg down the pattern looks ready. However, the price can move lower again if it will face strong resistance close to the trend line. Pay close attention to how the price will develop there. Thank you and Good Luck!
Natural Gas | Price Can Move Lower Over The Next Week As we can see from the chart the price is close to the all-time high price levels. The formation of the channel pattern can move the price very low again as shown on the chart. Also, the actual price is a big overvalued for the time being. All of this can push the price to correct lower again Thank you...
EURAUD | MegaPhone EURAUD is creating a megaphone patten on the 60 min chart. This is a pattern that is beautiful and tricky on the way how it works out. EURAUD looks like it will move up again. The first resistance area will be close to the trend line resistance near 1.5080 After that we need to see how the price reacts there. Thank you and Good Luck!
Bitcoin | A Combination of Head and Shoulder Patterns In this example, I have shown a combination of Head and Shoulder Patterns. They are on the opposite side of each other and trading them becomes a bit tricky. However, the bigger picture and the bullish momentum can move the price higher again. I am focused more on the bullish scenario for many reasons but...
GBPAUD | Trading Within The Pattern The inflation figures didn't come out as expected from the U.K front. It was something that it was expected overall as the global economy is not performing at all and on the other hand, Europe is facing also the energy crisis created from the war. The Inflation data today showed not to be so good and the price is still...
EURUSD | Will The EURO Rise Again After This Deep Decline? Recently, we have seen that the current problems associated with Europe are creating a lot of trouble in its common currency (EURO). The Euro is suffering losses over a long period of time. Over the past week, the price tested for the first time a price area that was last seen 6 to 7 years ago. Maybe...
AUDUSD | Descending Broadening Wedge From the previous idea on AUDUSD the price contained lower by completing the "E" leg of the patten. Today we saw a hawkish RBA that may increase the interest rates by 40 bps. This bullish statement can move the price higher. However the price will face again resistance close to the line of the pattern by developing it...
EURCHF | Broadening Wedge Pattern From the chart, we can see that the price completed a type of a broadening wedge pattern. It is not a beautiful one but it is ok. The price is moving above the pattern and it can keep moving higher as shown on the chart. Targets: 🎯 1.04836 🎯 1.05364 🎯 1.05766 Thank you and Good Luck!
LUNA | It Is Still Alive:) Despite the news that we heard about the manipulation against LUNA, we can say that LUNA was a very good project. It was one of those project with a high price. Many lost huge amounts of money in LUNA. For the time being the technical part is not worth too much as long as everything is part of manipulation and the necessary steps...
GBPAUD | Up or Down? As we can see from the chart the price is testing a very strong structure area. If the bears will keep the control the price will move down again. On the opposite side of the price will move above the structure area We can see the price increase very fast and grow faster. Thank you and Good Luck!
GBPAUD | Up or Down? As we can see from the chart the price is testing a very strong structure area. If the bears will keep the control the price will move down again. On the opposite side if the price will move above the structure area we can see the price to increase very fast and growing faster. Thank you and Good Luck!
Bitcoin | A Potential Bullish Scenario As saw after LUNA dragged everything down the news looks like it was already absorbed and BTC is still holding 30K price level very strong. Technical Analysis: The price is creating an "Inverse Head & Shoulder" pattern and now it is above the neckline. The pattern it is not a beautiful one and it can develop more but it...
GOLD | We Can See Gold Increase Value Again Considering that the price is testing a strong support area between 1787 - 1813 we can assume that the price can begin rising again. We need to see the price to react close to the legs of the patterns. However, we need to be careful as the speculation is very high this day. We need volatility in our trading and we...