The price is moving in a downward direction to establish a possible pattern. This pattern is only drawn for a schematic view and it may move down in a different direction. Money management is mandatory.
We're currently in a downtrend, with Lower Lows and Lower Highs; however, it seems to be looking slightly bullish right now. Lots of different data showing the price will likely increase to ~70k within the next few weeks. There is a lot of resistance within the yellow zone highlighted here. The price will likely face rejection within this zone and if we're lucky...
Based on the wave counter that has been done, you can see that in the 4-hour time frame, there is a lot of possibility and potential to reduce the price to at least 1.1955.
Maybe this does make no sense for many of you! But I think this is the shape of the next move! BTC >>>> 49000 !! TP1 80000 !! TP2 after the halving, if it is confirmed. Let's see what will happen.
According to the price chart, NZDUSD will probably fall in the 4-hour time frame and will go down to the 0.57540 range. This is an idea that has a lot of potential to be realized, but it should be entered into the transaction with capital management and with low risk.
1. Price is at strong support level at Day TF 15 Min TF 1. After a big fall, Price is consolidation in sideways at strong support and resistance level. 2. M Pattern has formed and expected to big breakdown if support level breaks. 3. 200 & 50 EMA has reacted at resistance indicating bearish. 4. Chances of forming bearish flag pattern Risky Buy: Above...
It is expected that this currency pair will start to fall after a little growth until it reaches the set limits
EURAUD is completing a purple wave e, which is a downtrend in the 4-hour time frame, and is expected to continue its downward movement with volatility.
Trend - up in all higher time frames. Weekly RSI - Took support at 62 and moving up. Stock has given a bullish penant breakout after consolidating for 5 months - Sep - 2023 to Feb 2024 Retest of the breakout has happened. Now weekly and daily price actions shows the upward momentum. Entry - One may wait for daily previous supply levels - 2015 to be hit and...
The New Zealand dollar will soon start a downward trend in the 4-hour time frame. which is to complete the D wave piece from a triangle on the edge
The upward trend of XLK experienced a halt in mid-April, marked by a price breakout below the swing low at $197.3. By retracing the price action from January 2022 to October 13, 2022, a potential pattern emerges, suggesting the formation of a 'Head & Shoulders' reversal pattern. XLK had been on an upward trajectory from October 2022 until April 2024, largely...
The Heikin Ashi candlestick pattern suggests a recent trend reversal to the upside, as indicated by a series of green (upward) candles. The chart displays a consolidation pattern within a falling wedge, which has been broken to the upside, hinting at a potential bullish reversal. Exponential Moving Averages (EMAs) show the price is currently above the 20,...
Once again Bitcoin is Re-Testing my Multi-Year TrendLine as support. The last 3 daily candles each have a wick poking down at it. Will it hold? So far it has but with each passing day and retest, the chance grow less and less likely. As long as we remain above it, I am long. A drop below would have me taking risk off and waiting for a better price below somewhere.
www.tradingview.com AUBANK: After making 52w LOW in recent past, it is now recovering from there supported by massive volume. The RSI on daily timeframe has already crossed 70 which shows aggressiveness towards bulls. Levels: Buy: If it crosses above 653 level on daily timeframe and sustains there. The StopLoss would be 628. There is an Open gap above between...
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 48950 level then possible downside rally of 400-500 points upto 48550 Level & this rally can can extend another 400 points if market gives breakdown 48450 level in todays session.Any Major upside only expected in case banknifty starts trading above 49050 level to 49450...
1) short-term target 2) target and stop loss mentioned in chart 3) no recommendation fir buy and sell 4) All-time high 5) how where marjet mood stock can move 6) be careful.
HCL TECHNOLOGIES LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1610+. ✅Can Go Long in this Stock by placing a stop loss below 1530-.
Thank you for reading this update. Depending on our study we see that MUBI has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice #For Day traders take always profits when the market increase #Expect nothing from the markets, but follow what it shows.