Hi Traders ! On Friday 14 June, The EURCHF reached a support level (0.94967 - 0.95252) and failed to break it ! The price formed an inverted head and shoulders pattern. Currently, The neckline is broken ! So, I predict a bullish move🚀 ____________ TARGET: 0.96645🎯
AUD/CHF is rising towards the pivot which acts as an overlap resistance and could potentially reverse to the 1st support. Pivot: 0.60166 1st Support: 0.59518 1st Resistance: 0.60396 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
1ST bitcoin resistance , short setup on btc, we got a sunday pump which usually calls for caution . i expect lower prices . invalidation is clear
If the trendline does not break and the price drops, three peaks will form, which could potentially indicate a head and shoulders pattern. If a Fibonacci retracement is drawn from the left peak to the lowest valley in the middle and set to 1.272, the decline can be predicted to reach that point, which would be 59,439, and a drop to that level is possible. One...
I will try to open long position again eith stop loss at $0.0135. This is little bit risky.
Hey traders as you can see we are approaching a supply area on the USD / BRAZILIAN , my weekly fundamentals are telling me we have got a potential good set up here to sell. Sell limit trade Entry 5.6514 SL 5.7832 TP 5.1315 This chart material is for educational purposes only / Demo account should be traded only
ENSUSDT — Now trading above resistance (the purple line on the chart). ➖ It has been growing since October 2023 and shows room for additional growth; much more growth is possible on this chart setup/trading pair. 👉 It can easily move above $34, $42 and $55... More details on the chart. Namaste.
Hey Everyone, Please see update on our mid to longer term weekly chart idea. After completing our 2356 target week before last, we saw price test support at 2310 last week followed with the rejection with the gap to 2356 now left open again for a re-test. The channel half line is a crucial level of support on this chart and as long as ema5 remains above the...
From the trend point of view, Bitcoin will continue to fall. There is currently pressure at around 62,000. This round of decline is expected to go down to 60,500-60,000. So shorting Bitcoin can make money. BINANCE:BTCUSDT BINANCE:BTCUSDT.P COINBASE:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P TVC:DXY OANDA:XAUUSD NYMEX:WTI1! FX:GBPUSD
Gold The Beginning of a New Wave of Increases Last week, gold successfully defended the critical level of $2300 per ounce, signaling strength in the precious metals market. This event coincides with the onset of a global cycle of interest rate cuts, which historically has supported higher gold prices. Let's take a closer look at why now might be a good time to...
Short Traders trapped.... The downmove is overstretched in price and time. Despite the pressure, the short sellers were unable to push Bitcoin further down. Now that Bitcoin pushed down again on Friday but didn't make any further progress, it's time to collect liquidity from the shorts.
SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,460.30 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 5,382.001 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at...
Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price some days ago rebounded from the support level and made a strong impulse up to the trend line, thereby breaking the resistance level, which coincided with the resistance zone. After this movement, the price turned around from the trend line and in a short time...
The chart provided utilizes Elliott Wave Theory to analyze the price movements of GTPL HATHWAY LTD . Below is a breakdown of the wave counts and their significance: Primary Wave Count Labelled in Black Wave ((1)) in Black (Primary Degree): - This initial wave is marked from the low in March-2020 to the high Oct-2021. - It represents the first major...
Hi everyone; I hope you have a great weekend. Please write the Project name and Token symbol in the comment section, and I will then share the token analysis with you. Please pay attention to the conditions. For example, write Bitcoin(BTC) in the comment. Project name: Bitcoin Token symbol: BTC A maximum of 20 tokens will be analyzed for...
Falling wedge formation on the #MATIC daily chart. In case of a breakout, the targets are: $0.6977 $0.8109 $0.9024 $0.9939 $1.0562 $1.1241 $1.2900
On the above 3 day chart price action has corrected over 90% since 2021. A number of reasons now exist to be long, they include: 1) Price action and RSI resistance breakouts. 2) Trend reversal, higher highs higher lows replace lower highs lower lows. 3) Support and resistance, the black arrows, price action has confirmed support on past resistance. 4) The bull...
I am looking for short position also same with KNC Looks like rejected from supply zone and I expecting tonretest the support zone.