** investment opportunity ** On the above 12 day chart price action has corrected 90% since 2016. An excellent long opportunity. Why? 1) Price action and RSI resistance breakouts. 2) Price action on macro support and resistance. 3) Strong bullish divergence as measured over.. 4) Some other stuff, will say elsewhere. Is it possible price action falls...
Algorand is looking sweet, trading just below the local resistance zone, trying to breakout from it. We are looking for any signs of weakness to kick in near this zone in order to take a potential trade towards the support line in the lower zones! Swallow Team
Price recently concluded its Buy objective into a Weekly FVG. Immediately it conlcuded it printed a sell chart pattern (on M5 timeframe) whose catalyst candle closed within the 1H supply zone. so current price objective is a sell. Tp1 is nearest valid M5 Demand zone, Tp2 is nearest valid H1 demand zone (as highlighted)
Take a look at our analysis for EURNZD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.754. Considering the today's price action, probabilities will be high to see a movement to 1.766. P.S Please, note that an oversold/overbought condition can last for a long time, and...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.076. Considering the today's price action, probabilities will be high to see a movement to 1.079. P.S The term oversold refers to a condition where an asset has traded...
Silver has been pretty bullish recently and it only makes sense to follow the trend after a correction. There's still one resistance level to get through before confirming the move up.
The XAU/USD pair is witnessing a recovery after a period of volatility. Global economic factors and monetary policy are creating favorable conditions for gold prices to rise. Currently, gold price is fluctuating around 2,300 USD/ounce and there are signs of price increase in the short term. Uncertainty in the global economy, including concerns about inflation and...
Retracing bullish channel has been broken downward ,to complete the ABCD pattern, i believe it continue till touching the lower boundary of larger bearish channel.
Super Gold Opportunity SELL. Price reached important reversal point of interest.
I think I have all reasons to execute a buy order now and I will hold it as long as it still inside the channel.
Gold Broken Supply Zone 2330.00 On the way to fill the Imbalance
EOS is looking sweet after forming 2 double bottom zones and getting rejected by that neckline/resistance zone, which now has pushed the price back to lower zones. We are looking for steady and steep pressure from sellers from now on, which would result in a movement to the zone of liquidity and a break of that zone there as well! Swallow Team
My dear friends, Please, find my technical outlook for EURUSD below: The instrument tests an important psychological level 1.0717 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0700 About Used Indicators: Super-trend indicator...
Intraday Update: The ascending trend line at 160.35 and horizontal support at 160.25 will be what we are watching into month/quarter end and post PCE on the USDJPY.
Buy idea on EURUSD as you see on the chart because we have the breakout with force the vwap and the resistance line.
I have analysed the structure of the market from Daily all the way to 5mins to find at which stage of the structure we are at on each time frame - 1hr will complete this move and correct with a candle or two and continue its move down - we can really look for strong sells today
Hey traders, GBPUSD is setting up for a nice reversal around our sell zone. SHORT Setup: - Watch for the rejection on sell zone. - Stoploss: Above Invalidation Level - Targets: 1.2881 ( 80 pips ) and 1.25567 ( 110 pips ) You can choose to hold a small position for the long term as we are expecting GBPUSD to break the 1.25 level Good Luck and trade safe!