After a strong bullish impulse movement, the BINANCE:ARBUSDT has been stuck in a prolonged consolidation phase. Currently, the market is trading within this consolidation zone, having broken above the crucial level of 1.1000. As the price approaches the support level, it's likely to bounce off and resume its upward momentum. The market has been in an...
Last week was a tough period for gold, marked by a sharp reversal where the bull's momentum suddenly gave way to a bearish surge. The bull takes the stairs, the bear jumps out the window as they say. The sudden correction was not a surprise, but rather a necessary step in the market's attempt to rebalance itself. The price had been forming a divergence for some...
As May closed with a long-tailed monthly candle, it's now clear that we have two consecutive long-tailed candles, which strongly suggests that the OANDA:XAUUSD is struggling to stay above the key resistance level of 2400. This pattern is a significant indication that the market is likely to continue its downward trend. Furthermore, considering the seasonality...
ALICEUSDT(MyNeighborAlice) Daily timeframe range. trying to break out of 1.715. there are some hold up here but clearing it clean can lead it to 2.127. it got a decent volume a little bit more can help it here. recent support is at 1.401.
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURCAD. EURCAD is making the rising wedge pattern and almost breakout done. Here it has Maximum chances we can see drop upto 100Pips+. As CAD is getting stronger that is also affecting this. Keep in touch we will update further soon.✍
In the previous post, it was mentioned about the movement of the currency in the weekly time. In this post, it is moving in a medium-term ascending channel in daily time. After the high strength failure of the supply area, pullback to the broken structure is currently being completed. Therefore, it is expected that this pool will be completed in the green box...
PIXELUSDT(PIXELS) Daily timeframe range. fairly new price action here. cause of that we got loads of chances of trading setups and nice opportunities. trying to clear out 0.4936 if it can it will open its way till 0.6285. retail interest yet to come if it does its easy profits.
BINANCE:BTCUSDT made a significant surge on May 20th, and since then, the price has been oscillating within a narrow range zone. As we can observe, the price action is gradually narrowing down, indicating a potential breakout. On the weekly timeframe, an inside bar formation is developing, which suggests that the price may be building up energy for a move....
BINANCE:PEPEUSDT has been on a remarkable bullish run, consistently posting higher highs and forming a strong upward momentum. The recent market action saw a new all-time high, followed by a retracement. As the market pulls back, it's likely that it's forming a complex pullback towards the support level. Notably, the price has been making higher closes with brief...
STGUSDT(Stargate Finance) Daily timeframe range. it had a nice pump, but the close over 0.7022 is not really a strong one. if it can keep up above it that will lead to 0.8549. recent retrace point is at 0.7022 breaking it will lead it to 0.5716.
The price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently retracing towards the resistance zone after its recent breakout from the range zone. On the 1H timeframe, the market has been correcting its downward trend, indicating a potential pause in the bearish momentum. With high-impact news today, I expect the...
In the analysis of the previous post, the alternative scenario occurred and it exited the ascending channel at the 12H time. 💎 But now a multiple compound correction has occurred as seen in the chart. 💎 In the last correction, a 5-wave downward correction was made, which led to channel failure. After that, it faced a demand that is currently suffering in the PRZ...
According to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range. 💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel. ...
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ETHUSDT has broken out of its range zone and is now extending its upward momentum. As the market approaches the critical resistance level at $4000, it's trading slightly below this key area. A closer look at the price action reveals a double top formation, which could potentially...
Hi Traders we have NASDAQ BUY TRADE we have been on Uptrend since 3 May. We have hit Higher High and retest on higher low. Entry Reason Higher low act as support level H1 Bullish Engulfing Moving Average Please share your results and comment. Certified Price action king
FX:GBPUSD has reached a crucial psychological resistance zone, only to fall back from it. We've seen an impulsive movement from this level, where it's also encountered a significant resistance area. A long-tailed bar followed by a large bearish candle suggests a potential exhaustion of the upward momentum on the daily timeframe. As the market pulls back towards...
AUCTIONUSDT(AUCTION) Daily timeframe range. this thing got based PA and range level. pretty easy money if one can utilize the level trade either side. its failed to close over 27.03 once, trying again today. if it can get a clean close over 27.03 than 35.21 is open to visit.
The bulls' inability to break through the resistance zone resulted in a long-tailed bar on the daily chart, indicating a significant failure to push through the barrier. Despite making two attempts to breach the resistance level and move higher, FX:EURUSD instead rebounded from the zone, taking liquidity above the previous week's high. This reversal suggests...