GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. SHIB is showing some interesting signs on the chart. We've seen a potential breakout from a previous resistance level, and the price is currently retesting that level as support. Additionally, the 100-day moving average (100MA) is acting as...
BINANCE:BTCUSDT (4H CHART) Technical Analysis Update BTC is currently trading at $63394 and price has retested after breaking out from the channel. If this retest holds then we can expect the price to continue in bullish direction. We are confident the price will hold and bounce back successfully after the retest and this gives us a good opportunity for a long...
Daily bearish trendline has broken and is now being retesting, so I am now looking at buys. There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish. This will have EMCers looking for entries Thursday or Friday to take price up to around...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as...
Hello There, Welcome back! 👋 Here is all you need to know about Happiest Minds: • The stock price has been range-bound in a downward Wedge pattern for over 14 months. • An attempt to break the pattern resulted in a long upper-wick candle, suggesting sellers' presence. • A subsequent inside candle gave a weak breakout, after which the price has been...
🚀#TNSR Analysis : What Next ??💲💲 ✅As we can see that there was a formation of Descending Triangle Pattern in #TNSR and given a breakout and perfectly retest the support zone. We are expecting around more than 100% bullish move in coming weeks 📈📈 🔰Current Price: $0.8588 🎯 Target Price: $1.8360 ⚡️What to do ? 👀Keep an eye on #TNSR price action. We can trade...
On the 1-hourly chart, it looks like a regular shorting opportunity with Key Resistance Level retested at the almost perfect, but potential BOJ Intervention zone, so for traders of all kind to ''try their luck!!'' However, on the Grand Scale of things, and it is a Type2 Bearish Shark Pattern on the Daily Chart. After I'd include the buffer, I the market hit...
As one can see here looking at this chart, the dotted light magenta colored measured move line is more or less being overlapped by the daily 20ma(thin teal line) for double reinforced support and at the current moment the 20ma is maintaining support for now. It wouldn’t surprise me if price eventually wicked below it to retest the inv h&s neckline as support since...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Welcome to this ENA/USDT Trade setup! According to the chart, it breaks out from the triangle and a retest is also done. The green area is good for accumulation. Buy some here and add more in the dip. Entry range:- $0.76-$0.84 Target:-...
A good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least...
EURAUD was trading under declining trendline. The price was reacting well the support and resistance of trendline . Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could...
As We Talked in The Previous Analysis: The USDCHF Price Reached The Resistance Level (0.90848 - 0.91126). Currently, This Key Level is Broken and Becomes a New Support Level. So, I Expect a Bullish Move 📈. -------- TARGET: 0.92050🎯
A descending wedge in an uptrend has led to textbook breakout with Uranium X ETF ($URA) Could be a retest though at 20.50 Weekly chart has been used
🚀#OP Analysis : Breakout and Retest 🔮As we can see in the chart of #OP that there is a perfect breakout of trendline and retesting the trendline in 4he time frame. This indicates a potential bullish move.📈📈 🔰Current Price: $2.438 🎯 Target Price: $4.793 ⚡️What to do ? 👀Keep an eye on #OP price action. We can trade according to the chart and make some...
OPUSDT was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could...
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.
The previous daily candle closed with he top trendline of the channel as support and now the current candle is seeing a bullish impulse suggesting the tp trendline has been flipped to solidified support and that it could already potentially be validating the breakout. I’ve seen bigger fakeouts than this before so I’m not ready to say the breakout is confirmed jsut...