The price appears bullish at H2 for the XRPUSDT upon the low of 0.5400, which led to the break of the high (A). The price will likely reach 0.6471 as the nearest target before reaching 0.6656. Happy trading, K.
Good day, traders, Let's discuss a key concept in trading: "The trend is your friend." This phrase often circulates in the trading world, but it might seem a bit vague when you're simply observing a series of higher highs and lower lows forming. To make it more precise, we can say that "a trending trend is your friend." However, this introduces new challenges...
NZDJPY looks bearish to me, but it might pull up for a lower high below resistance and continue the bearish trend to 86.0. Happy Trading and have a great weekend, Khiwe.
Hi There, Solana has the potential to pull up to (d) because (d)-high is not clear yet. There is nothing to do with this kind of price action because the current candle is bullish, but it's facing bearish pressure that is suggesting a minor retracement, but only to pull up to (d). What we want to see is for the price to come down to (e) and give a bullish...
I always thought flag patterns were useless until this past weekend. They are probably as good as the levels they appear at. Here we have a daily LL and an incomplete daily HL, suggesting a continuation of a bullish trend. The price might reach 1840 and retrace to pull back up to 1885. 34 K.
USDZAR appears bullish on the H1, with the price acting above a support zone. The bias is 19.16299 as significant resistance but with the potential to go all the way up, up on up all the way to 19.6. Happy Trading K.
DOGEUSDT looks bullish to me at the M3O, headed toward 0.07300 on the rejection of the 0.06800. Also, there seems to be a bullish flag pattern at play. I am expecting a minor retracement and on to the continuation of the bullish momentum. K.
GJ has the potential to dip into the demand zone before turning up for the potential completion of leg (e), and the alert for this is at 181.146 for a bias of 183.519. Khiwe .
Hello there, What I noticed about BTC is that it has a bullish bias. Whatever algorithm this works on or mechanism that runs in its mysterious design is not meant for puts; it just wants to go up. And for many months, this thing will keep on rising. BTC went ABC from the support area zone 15441, but the low (c)—the orange (c) that marks 4—did not complete the...
I see the price went down in ABC format from 1720 high to the 1520 C low, then the price moved up to the lower high of 1633 and retraced to 1543, which is the effective low. I notice the lh' couldn't break the low of the October 15th candle, suggesting a continuation of bullish momentum, but the current candle hasn't risen above the x' of the WXY range, so we are...
EURJPY seems bullish, derived from stochastics, but you will have to be careful of your stop-loss placement with this one. 158.989 is the nearest target, with a bias of 159.702. K.
The price in the 4-hour timeframe looks bearish to me as it aims for the 1880 area zone for wave 4 for sequence and then potentially turns bullish up to the 1940–1960 range. There is a possible future bearishness in the market once wave 5 completes within a bearish trend. Happy Trading K.
EURGBP looks bearish for approximately the next six hours or so, taken from the momentum of a stochastic indicator with a bias of 0.86528. Please share your ideas and comments below. Thank you. K.
ADAUSDT seems to be playing a stop-loss game, as the price can either spike in either direction with those lows. However, the momentum appears bearish. A stop loss anywhere above the bold dotted purple line should be fine, and selling for the bear run while keeping an eye on turning points looks to be the best strategy for this one. K.
Hi, let's take a look at BTCUSD, The price came down to 25412 and made a series of lows, indicating bullish interest in this level. Then, the price rallied up and came to 28500. Now there appears to be a lot of uncertainty around the 27608 price area; however, the current price is bearish. In a bullish rally, the previous highs are broken, and the low that...
XAUUSD Appears bearish at the M15 towards 1857 with one price immediate price target within a bullish ABC sequence. K.
The price appears bearish at the M30 for GJ, with one price target and an immediate support of 181.129. The bias is 179.877. K.
Hi there I haven't done a setup like this in a long time; it's a classic SND approach. The price may experience an upward pulse, but if it rejects the QML level, it could turn strongly bearish, at least in theory. If it surpasses the QML level to establish a higher high, then the setup will be considered invalid. The 18.20000 level is of significant importance,...