Attention Traders, In today's trading session, we are closely monitoring the NZD/JPY pair for a potential buying opportunity around the 96.900 zone. Currently, NZD/JPY is in an uptrend but is undergoing a correction phase as it approaches the key support and resistance area at 96.900. From a fundamental perspective, the Reserve Bank of New Zealand (RBNZ) has...
Today we are monitoring EURUSD for bullish pullback. Entry at 1.0732 target 1.0807 and stop below 1.0708. Use proper risk management.
I expect a bullish move in todays trading. Entry at current price 2318, target 2353 and stops below (2309 - 2300). Use proper risk management.
Hello,Friends! We are targeting the 1.472 level area with our long trade on EUR/CAD 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✅
Hello,Friends! We are now examining the CAD/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.647 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.553 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Market Context Are we finally seeing the end of the downward movement for Bitcoin? A compelling scenario is unfolding! Chart Analysis Bitcoin has been holding strong at the 65K support level, which might be the springboard we need to shoot towards 70K and beyond. Key Indicators • Strong Support at 65K: Despite recent volatility, BTC has maintained its ground...
Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: ...
Hello,Friends! SILVER pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 29.581 area....
Hello,Friends! The BB lower band is nearby so AUD/CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.595. ✅LIKE AND COMMENT MY IDEAS✅
If we take a look at ALTcoin market cap with ticker OTHERS, which excludes top 10 cryptocurrencies, we can see it retesting April lows due to lower ALTcoin dominance. But, the wave structure looks corrective, so it’s clearly in a higher degree wave 4 correction. Ideal support comes around 38,2% Fibonacci retracement and base channel resistance line, so around 200B...
Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. PEPE looks good here. It gives many bullish signs here like: 1) It is bouncing from the support which is previously acted as a resistance. 2) Also, forming a bull flag-like structure and currently trading inside the flag. 3) If you look at the...
Did you watch my SPY Cycle Pattern video this morning? Were you aware that today was designated a Harami-Inside type of price action? This type of pattern represents a very narrow, often trendless, trading day. I warned all of you before the market opened that today would be a day to sit back and wait for the market to show us whether it wanted to trend or not....
The two areas shown on the chart are the best areas to consider taking a long to maximize profits! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice....
Matic is trading at a crucial support level and needs some buyers to come in or we can move much lower. Great area to DCA and hold if you believe in this company long term. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that...
We have came down to a massive support level and I expect to see a reaction at this level leading to a bounce higher. Lets see how this all plays out. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share...
We can see that pepe has tapped the high timeframe level below and has managed to closed the last few 4hr candles above the POC. This is bullish and i expect an attempt to do a full value rotation. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get...
As you can see on the chart, the all time point of control has been tapped. I would expect a nice reaction to the upside at these levels in the upcoming days. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up...