Is USDCAD exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.3630 followed by 1.3530. What you guys think of it?
The price perfectly fulfilled my previous idea. It reached the target level. BINANCE:DOGEUSDT has formed a double top at the resistance zone, followed by a pullback to the support level. This has created a range zone, where the market is currently forming a triangle pattern. This pattern often indicates a pause before the continuation of an upward trend. The...
The crypto market is in a general uptrend so we can expect coins to rally until BTC reverses. BTC had a slight retrace, bringing alts down to a key support zone. FTM is now within said support and is preparing for a rally as BTC is recovering from its retracement.
After closing the GBP/USD position at 1.23, I will open another short position on this pair because, as often happens in FX, you usually have 2 or 3 (sometimes 4) chances to take a short position on the same valid setup. Therefore, the next position will be opened around 1.281 with a 1:1 stop-loss ratio, as I usually have on FX pairs, and without worrying about a...
1. Weekly Fib on Daily Timeframe 78.6%, 3x rejections. 2.Bull Flag into consolidation of Bullish triangle. 3.EMA Compression looking likely to push price action. 4. AI Marketplace June. 5. AI HPC Data Centre July. 6. Weekly oscillators bottoming. 7. Solid Market stucture & hold. 8. Break out of Symmetrical triangle. 9. MC 23/05/24-$112M. 10. MC to Reach...
We can attempt to buy ATIL from specified level as it is trading in symmetrical triangle pattern (continuation pattern ) , also there is no bearish divergence at current levels. SL , TP mention in chart.
- Right now, the pair is in a consolidation phase - Since the previous trend is bullish, so looking to buy if resistance is broken - Bullish Divergence also can be seen
Sun has very low marketcap and Circulating Supply It will going up soon
Hello,Friends! We are targeting the 2401.890 level area with our long trade on GOLD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Emkay Global is currently at a multi-year support and resistance level. This indicates that the current price is at a significant historical level where the price has shown previous behavior of reversal or consolidation. The immediate resistance level is at 184. This is the next price point where selling pressure might be anticipated. If the price closes above...
BTC retracement trade. I'm entering a short position and aiming to hit recent support on the downside which is marked on the chart. Trade is invalidated if we break upwards the trendline.
Saregama India fresh momentum generated after earnings. Higher targets expected.
Technical Analysis: The U.S. Dollar Index (DXY) is presenting a nuanced technical scenario, having established a trading channel over recent weeks. Currently, the DXY finds itself probing the 104.30 resistance level after rallying from deeper support levels. The price action within this channel is crucial as it challenges the 105.00 area, which has consistently...
Technical Analysis: The U.S. Dollar Index (DXY) is presenting a nuanced technical scenario, having established a trading channel over recent weeks. Currently, the DXY finds itself probing the 104.30 resistance level after rallying from deeper support levels. The price action within this channel is crucial as it challenges the 105.00 area, which has consistently...
Turtle coin has broken out of the downtrend, and has found support right above the trend line. good news, but this asset is still acting like a baby turtle. too slow and getting rejected way too many times.
It reached the correction range that I had specified And I still think that according to the analysis, it will continue its upward movement after this correction and reach the point I specified and we will see ATH. PLEASE FOLLOW AND SUPPORT ME.
NZDJPY is forming cup and handle pattern which indicated that price will remain bullish.
We're looking for SELL opportunities in this pair after the market has breakout our structure then we are waiting for retest at the breakout. You can either enter the market same time or wait for retest. Signal= SELL AUDUSD TP= open SL= open Thank you