Technical analysis: Technicals of the Hourly 4 and Daily chart’s indicates that Gold has touched the Support line of the Ascending Channel, specifically between #2,642.80 and #2,652.80. This zone appears to be an ideal entry point for a Buy position, with a Target set above #2,672.80 first Resistance line. In addition, Hourly 1 chart reinforces this outlook, as...
Hello, Friends! EUR-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.936 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Technical analysis: Technicals of the Hourly 4 and Daily chart’s indicates that Gold has touched the Support line of the Ascending Channel, specifically between #2,642.80 and #2,652.80. This zone appears to be an ideal entry point for a Buy position, with a Target set above #2,672.80 first Resistance line. In addition, Hourly 1 chart reinforces this outlook, as...
Hello, Friends! EUR/NZD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.768 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
We can see price has touched our low probability POI but I would specially prefer it to touch the 1D POI for strong sell.
Its time for sell for small correction upto 60400 guys tp reset some instruments indicators before going up again news wave that will be positive entry for scalping soon
74,50 long closed.. Short from 74,50 Tp 72,64.. Good luck and safe trade
This is just a macro focus of BTC Fib Levels of major price points of range trade zones. Created a rising wedge for the current demand zone retest above. Still watching the bounce around 59675 and greak above 66300 chop region for any test up to the 69-71 k region. We currently have a major resistance at 63K for a drop to retest the 59k Region With potential low...
USD/JPY Analysis: Price Retreats from One-Month High The USD/JPY chart shows that yesterday (3 October), the price slightly surpassed the 147.230 level, marking the highest point since 3 September. This is significant as it indicates a new swing high, identified by the ZigZag indicator (in purple), which hasn’t been seen in months. Bullish arguments for...
Price needs to break its previous top of 151.83 upon break and retest long position can be consider for the targets of 188.25 and then 234.57
EURUSD Price Analysis: Preparing for Potential Moves Before September’s NFP Data In our previous analysis, EURUSD moved down nearly 200 pips as expected. What might happen next ahead of the NFP data release? 📺You may watch the video for further details! Thank you and Good Luck!
Bitcoin's (BTCUSD) full Cycle since the November 2021 High can be illustrated as nothing more than a Cup and Handle (C&H) pattern with the Channel Down since March 2024 being the Handle of the formation. Simple yet a technical reality, the Handle found support both in early August and September on the 1W MA50 (blue trend-line), keeping the bullish trend valid. In...
Technical analysis and trading plan for the ONE/USDT 1-hour chart (on Binance) by Blaž Fabjan Descending Trading Channel: The price is currently moving within a descending trading channel, with lower highs and lower lows. This is a bearish pattern but can lead to a bullish breakout when the price breaks the upper boundary (resistance line). The price is...
Overview: The chart for NETFSILVER (Nippon India ETF) is showing a classic Double Bottom pattern, a bullish reversal signal that suggests a potential upward move. This pattern emerged after a period of consolidation near the ₹78.52 support zone, followed by two distinct troughs, marked as Bottom 1 and Bottom 2 on the chart. Key Technical Highlights: Double...
u can read my previous plan in my account date 03 / 10 / 2024
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPNZD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
DAX (DE40) has been trading within the same Channel Up since the bottom of the Inflation Crisis on the week of October 03 2022. The recent August 05 rebound on the 1W MA200 (blue trend-line) was nothing but the start of the new Bullish Leg of the pattern, the 3rd in total. The previous two, following their respective Bearish Legs (dotted Channel Down), they first...
BN is certainly looking weak and has broken the 50 DEMA. The next major support is at 100 DEMA at 51,000. Hence, carrying Hedged Puts overnight for a Target of 51,000.