📈 🚀 BTCUSD Market Forecast: Bullish Reversal Underway! 🎯💼 Crypto Traders, big developments in BTCUSD: BINANCE:BTCUSD 🔄 Inverse Head & Shoulders Pattern: BTCUSD has formed an inverse head and shoulders pattern at the bottom of the downtrend, indicating a potential bullish reversal. 📈 Channel Breakout: The breakout from the downward channel was confirmed...
Hey everyone, As mentioned earlier, DJ:DJT showed potential for a bullish move with a weekly crossover above the monthly, signaling strength in the coming weeks/month. On Friday, DJT achieved the weekly crossover over the monthly for the first time! When MTTSA indicators crossover to the upside, it indicates a significant price acceleration. For instance, in...
Hello there, On Tuesday, the gold price traded in negative territory due to renewed demand for the US Dollar. The possibility of rate cuts by the Federal Reserve following downbeat US jobs data prompted speculation in the market. Investors are closely monitoring a speech by Fed's Kashkari later in the day. Despite the USD demand, the gold price lost momentum, but...
This pair will drop roughly about 70 pips, as we see the market just formed a double top. We might see a pullback to 0.8520 at least. Risk management guys
📈🚀 EURCAD Market Analysis: Bullish Breakout and Targets Set! 🎯💼 Forex Traders, a significant update on EURCAD: OANDA:EURCAD 📈 Bullish Breakout: EURCAD has successfully broken out of a strong resistance level, indicating a bullish continuation in the current uptrend. The pair has also moved past a consolidation range, further confirming the bullish...
Bitcoin reached its all time high of $73,800 before experiencing a decline to the support range of $57,739-$56,132. However, it later increased by over 15%. The price is currently following a downward channel with no breakout yet. If it can break out and close above the channel resistance, it may reach the resistance level of $74,000 again. If the trend...
📉 🚀 EURNZD Market Update: Bearish Momentum with Technical Targets 🎯💼 Forex Traders, key insights on EURNZD: OANDA:EURNZD 📉 Trend Breakdown: EURNZD has experienced a breakdown from its upward trend, marked by a strong bearish candle. This move indicates a potential shift in market sentiment towards the downside. 🔄 Retracement and Support: After breaking...
Tech printed a triple divergence on a daily timeframe today between price and MACD, with a bearish engulfing candle close. Even if today's high holds, we are likely to see a retrace higher of this downside move in the first half of next week. Assuming the high holds, we are likely to see a pullback to the 50MA around ~ 200, or 3.5% lower than today close. A...
📈🚀 GBPCAD Market Update: Preparing for Bullish Breakout! 🎯💼 Forex Traders, exciting news on GBPCAD: OANDA:GBPCAD 🔄 Inverse Head and Shoulders Formation: GBPCAD has developed an inverse head and shoulders pattern at the bottom of its downtrend, signaling a potential bullish reversal. 📈 Current Status: The pair is currently forming the right shoulder. A...
chart based off recent big drop and retracement. in the coming days we will see if we are going to new highs or heading back down to make new recent low
Bonk bounced off the support level. Bullish movement is expected to continue and reach the next resistance level at $0.0003
Following a sharp correction similar to NIFTY, BANKNIFTY may exhibit sideways to muted trading on May 10th. Key levels and scenarios for the day are outlined below: Scenario 1: If BANKNIFTY opens above 47800 and holds 47820 within the first hour, an upward move towards 48000 – 48084 is possible, with potential resistance between 48100 – 48900. Sustaining above...
📉🚀 GBPUSD Market Update: Inverse Head and Shoulders Breakout! 📈 Great news for currency traders! GBPUSD has shown a promising development at the bottom of its current downtrend. We've identified a reversal chart pattern known as the inverse head and shoulders. Excitingly, the price has already broken through the neckline of this pattern, setting the stage for...
After a significant correction, NIFTY experienced a sharp decline, breaching its intraday support and closing near the day's lows. For the trading day on May 10th, the following scenarios can be anticipated: Scenario 1: If NIFTY opens above 22050 and maintains above 22070 within the first hour, a relief rally may occur. Failure to hold above 22070, with...
This one just keeps going so hoping on the bus. SL placed low as were pretty stretched on Daily and Weekly.
Price is currently breaking out of local bearish channel in H- timeframe . A bullish sentiment may continue for a while… a buy opportunity is envisaged.