CADCHF is currently trading within a rectangular channel, marked by boundaries of support and resistance levels. The Upper Trend Line Breakout is at 0.68317, and the Lower Trend Line Breakout is at 0.64586.
A break through the boundaries of these trendlines will validate the rectangular channel pattern.
Greetings, fellow traders, and welcome to our analysis! I trust your trading week is off to a splendid start.
Today, our focus turns to CADJPY, where an intriguing Cup and Handle Pattern is forming on the daily chart. If you're eager to delve deeper into the world of Cup and Handle patterns, feel free to enhance your knowledge by clicking here: (). But be sure...
Hello traders and welcome! Today, let's delve into EURJPY. The pair has formed an ascending triangle, and the current price is positioned above the breakout threshold at 159.754. Anticipated targets for this pattern extend into:
Target Zone 1:
- 38% at 162.931
- 62% at 164.918
- 79% at 166.284
Greetings, traders! Welcome to another analysis session where we're diving into a promising opportunity. Today, our focus is on a noteworthy asset that has broken above a significant level. Let's delve into the details:
- **Breakout:** 123.26
- **Stops:** ST at 119.69
Observing the chart, we can discern that the...
META is trading a cup and handle pattern on its daily chart.
The price is trading above the Breakout: 236.86.
William J. 0’Neil developed and popularized in the 1980s the
Cup and Handle pattern.
Cup and Handle patterns are continuation patterns, and they usually form in bullish trends.
They also form...
**Greetings Fellow Traders! Welcome to Today's Insight.**
Today, we're diving into the world of cryptocurrency, focusing our attention on ETHUSD. A remarkable trading opportunity is unfolding, and we're here to explore it together.
📊 **Chart Analysis: ETHUSD Harmonic Gartley Pattern**
On the daily chart of ETHUSD, an advanced harmonic pattern known as the...
Today marks an exciting milestone as we unveil a captivating revelation within the realm of trading – the remarkable V Bottom pattern on the DXY chart. This discovery adds an exciting dimension to our already rich repository of trading insights, providing us with a deeper understanding of market dynamics.
📉 **The V Bottom Pattern: A Tale of Resilience and...
Today, we are having a closer look at CHFJPY, which presents a promising trading opportunity. Upon analysing the daily chart, we can observe a geometric pattern resembling a diamond shape. The trade has already been initiated, and you can view it here: However, don't worry; I have more news to share with you.
It's important to note that the...
Hello traders! Let's take a look at NZDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading above the breakout level at 88.170. With this breakout in mind, potential targets for this pattern could be:
- 62% at 92.929
- 79% at 94.227
Greetings, fellow traders! Let's shift our focus to NZDUSD, where an exciting trading opportunity awaits our attention.
The pair has notably established two distinct boundary lines, effectively containing the price within a rectangular channel. Notably, the price has recently breached the lower trend line, marking a significant development.
Hello traders! Let's explore USDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading below the breakout level at 151.928. If we observe a breakout above this level, potential targets for this pattern could be:
- 62% at 167.294
- 79% at 171.402
Keep a close eye on the price action around these levels, as they...
Hello, traders, and welcome! Today, let's delve into USDCHF, where an inverse head and shoulders pattern has formed on its daily chart. Currently, the price is positioned below the neckline breakout at 0.91501. Should we observe a breakout above this level, it could potentially lead to the following targets:
62% at 0.95133
79% at 0.96130
Hello fellow traders, it's great to connect with you today. Let's dive into the analysis for USD/CAD.
Upon reviewing the daily chart of USD/CAD, I've identified a potentially promising pattern - a double bottom formation. This pattern indicates a potential reversal of the downtrend and could lead to a bullish move in the pair.
The key points to note are:
Hello Traders, and welcome!
Today, we have an exciting setup to discuss involving the USDCAD pair. On its daily chart, an inverse head and shoulders pattern has formed, and the price is currently trading above the neckline breakout at 1.36534.
We are looking to initiate a trade above the neckline breakout at 1.36534.
After a successful breakout, it's essential...
SGDJPY has formed a Cup & Handle Pattern on its daily chart.
The price has double bottom 103.682 forming a handle low and the price has broken above the Breakout: 106.292.
62%: 112.282-79%: 113.948