Please, check our technical outlook for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.252. The above observations make me that the market will inevitably achieve 1.223 level. P.S We determine oversold/overbought condition with RSI...
We are looking for sell/short positions in the supply range. The targets are marked on the chart. At the bottom of the chart we have a lot of IFC moves. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then...
Dogecoin produced the classic head and shoulders pattern, a top formation. It has been bearish lately, everything seems slow. Trading volume continues to decline... ➖ First, the bias is revealed. ➖ ➖ Then we see a strong challenge of support. After a period of suspense... Comes the drop! Everything can easily change; nothing is certain. 👉 If DOGEUSDT moves...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about QI QI Moving As Expected & Running In +20%Profit So Far✍️ Expecting 50% bullish wave in coming Day's 🚀
Strong bull break of Supertrend, has held above 550hull for 15hrs, now holding above regression channel median. CCI above 100, even on the pullback. WaveTrend near 100% bullish. Gann consensus with wave target, with regression target.
Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.079. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.076 level soon. P.S Overbought describes a period of...
#BAKEUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about BAKEUSDT Forming wedge in 1Day time frame ✅ Expecting Upside breakout 📈
SBUX on the dialy chart may be another candidate to short while the general market remains challenging in the face of the loss of anticipated rate cuts and ongoing geopolitical risk. SBUX has been trending down for nearly six months and the earnings miss add emphaisis to the trend. At this juncture, there is nothing to suggest a turnaround. I am adding SBUX...
After taking multiple short positions since last few day from the 2330,2322,2318 and booked profits near about 2310 with notional RR of 1:3 and now i have planes a long position from 2308 with the SL 2305 and targeting level are 2318,2324,2330 .I have placed my trades in multiple brackets and eventually i will be booking 60% partials at 2318-2320 and will plan to...
We have broken above our daily 3-point bearish trend resistance (in green) and sustained price action above it. We have done so after testing a bounce off the long-term weekly trend POC (in red). Together these observations indicate to me a greater than 70% chance that we see continued bullish price-action, after creating our first local higher-low on the...
HOLO Chain (HOT) has broken down the symmetrical triangle pattern and is looking bearish. Combined with the current market sentiment, this setup is looking promising. For Exact entry, targets and Stoploss, please join our Official Telegram channel. No payment required. You get 1-month FREE VIP channel access. Join us for a Risk-Free test-drive: t.me
NZDUSD is forming a ABCD reversal pattern, Trade is set by considering that price will break point B.
Hello, traders. Welcome to our crypto community! 🚀We're delighted to have you here, whether you're an experienced trader or new to the world of cryptocurrencies. We are willing to talk about #ARK. #ARKUSDT 🔥🚀. Update: 💹. In the 8 hours, #ARKUSDT has formed a bullish peanut pattern. Breakout to this pattern has been successfully completed✅. Struggling to break...
In my point of view, we will be able to see two ways of the further development of events: 1. BYBIT:TONUSDT will stop recent moving and will turn around directly to the correction related to the previous long jumps. This scenario look like more probable, since regarding to the indicators, this pair seems overbought. 2. In accordance with the waves theory, ...
Please, check our technical outlook for GOLD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2372.191. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...