Hello traders, we want to check the USDCAD chart. The price is moving in a descending channel and has pulled back to the ceiling of the channel and the specified key level. We expect the price to maintain its downward trend and the price will fall to around 1.36000. Good luck.
#Bitcoin📷 Bitcoin's weekly candle closed below 67K,which is not a good sign. We are now below a critical resistance level. What are your views on this? CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD #BTC
GBPAUD is moving in a descending channel between the trend lines and Resistance area. Is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most...
Propose 2 scenarios for BYBIT:LUNCUSDT - first moving up during the 6 months, second is the nearest correction and long after with the good potential in a year. Does not constitute a recommendation. #furoreggs #investing #currency #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view
#GALA Breakout this triangle and currently retesting the support, and then we can expect a potential rally. Technically, as per the pattern, we can expect almost a 50% bounce. Entry: CMP and add more up to $0.0459 SL: $0.0431 DYOR, NFA #Crypto INDEX:GALA
Before the much anticipated FOMC meeting market has fallen deep down to 2376 area and we have predicted this fall two days before. now there is a demand pressure in 2365-2370 area and if market breaches 2376 it can go upto 2420. support area : 2365 tp ; 2383 tp : 2393 tp : 2397 tp : 2407 tp ...
#MYRO Breakout this ascending triangle pattern, and currently it is coming to retest it. If it successfully retests this pattern, then we can expect a potential rally. Technically, as per the pattern, we can expect almost a 60% bounce. Entry: CMP and add more up to $0.203 SL: $0.191 Leverage: 2X to 5X DYOR, NFA
🔍Let's dive into today's analysis. Today's focus is on ETH, which recently experienced a 28% pump in anticipation of the potential approval of an Ethereum ETF. As I mentioned in my previous analysis, breaking the $2964 level was crucial, and it provided a strong trigger for opening a position, leading to a 28% gain with a high risk-to-reward ratio. 📰Today, the...
OANDA:XAUUSD in my last chart, I had faults in analysing and predicting the wrong position for selling gold but, In general, the trend was correctly predicted and there was a downward trend ahead.
The forecast for the Dow Jones 30 is now leaning towards a bearish trend. Prices are expected to fluctuate between 40050 and 39564. However, if the 4h candle closes below the pivot line at 39,564, the bearish pressure is likely to continue, potentially driving prices down to 39400 and 38825. Key Levels: Bullish Line: 39825, 40050, 40285, 40500 Pivot Line:...
Market Analysis PT2/2 (22nd May 2024) GBPJPY Analysis On the 30 minute timeframe, we have created a very strong support at the 198.272 - 198.363 level, having more than 5 taps along the area and rejecting it. There are 2 scenarios i am looking for. 1) Price breaks above the 198.615 level with a body candle close on the 15 minute. If we do have that, i...
OANDA:XAUUSD I think this is the last move to start selling for short time
Hey traders, Welcome to our crypto community! 🚀Whether you're a seasoned trader or just starting your journey in the world of cryptocurrencies, we're thrilled to have you here. We are willing to share about GAL coin. #GALUSDT Update: 💹. The daily chart of #GAL shows a descending triangle pattern 📊, with a major support area. It is struggling to take a bullish...
The current analysis indicates a bullish trend for OANDA:XAUUSD , provided it stays above the pivot line at 2410 as we mentioned before. The prevailing bullish pressure suggests that if trading remains above 2410, the trend will continue a strong upwards. The price is expected to rise to 2450, and stabilizing above 2450 could lead to a further increase to 2463...
I hope you guys enjoyed the video and learned something; if you have any questions or comments feel free to ask.
The GBP/USD pair on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a wedge pattern. Possible Short Trade : Entry: Consider entering a short position (selling GBP/USD) below the broken support trendline of the wedge after confirmation. Ideally, this would be around 1.2720 or lower if the price continues to...
OANDA:XAGUSD OANDA:XAUUSD TVC:DXY Finally 😎 Silver broke through $30. So what's next? Long-term: I would say there is nothing on its way to go for $50. BUT, what would support Silver to go for $50? where's the demand for silver? How would supply change in the coming years? .... I would say, let's not get ahead of ourselves and focus on what's...
Market Analysis PT2/2 (22nd May 2024) GBPJPY Analysis On the 30 minute timeframe, we have created a very strong support at the 198.272 - 198.363 level, having more than 5 taps along the area and rejecting it. There are 2 scenarios i am looking for. 1) Price breaks above the 198.615 level with a body candle close on the 15 minute. If we do have that, i...