NZDJPY is moving in an ascending channel between the trend lines. The chart is under the resistance level, which coincides with the 78.6% retracement level of the last bearish impulse. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
MIL:LDO is very ready to lead the market! There's a bullish divergence at a critical level, indicating potential gains of 30-50% in the coming days. However, it must stay above 2500 sats to maintain this outlook.
The EURUSD is currently forming a Bullish Shark Harmonic Pattern (XABCD) on the 4-hrs chart. This pattern is characterized by a specific series of Fibonacci retracements and extensions, signaling potential reversal points in the market. __________Potential Reversal Zone (PRZ) and Confluence Factors_____ Point D, identified as the Potential Reversal Zone (PRZ),...
Today, gold continued to rise in the short term, reaching a high of around 2335. In the short term, it touched the key suppression area I pointed out. With the bottoming out and rebounding yesterday, the intraday trend was relatively intact, and the short term seemed to have been supported. However, although gold continued to rise in the short term, it has not...
Pair: GBPCAD Timeframe: 4H Analysis: Trend line, volume profile , support and resistance, trend break, reversal ————— Key Takeaway: Been trending bullish for a good while and now seeing signs of a reversal. Price has broken our bullish trend line and is consolidation between two key levels of support and resistance. If we seen a lot of bearish movement and close...
BANKNIFTY closed above va 1. gapup 51800 wait for retracement for longs 2. 51800-51200 trade reversal 3. gapdown 51200 short
wait for creating lower high and red arrow or area between fibo levels (50:61) - General Trend is Down , price walk inside down channel - Current wave is pull-back for correction - if price break current support at green arrow then you can go short have fun ;)
Ethereum bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 3370 is expected to happen.
USDJPY is moving in an ascending channel between the trend lines. The chart has formed a pattern AB=CD. The price has reached the resistance level, which has already acted as a reversal point. We expect a decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
NIFTY closed below va 1. gapup 23540 long 2. 23540-23440 trade reversal 3. gapdown 23440 short
FX:XAUUSD continues to be under strong pressure from sellers on the back of a strong dollar. The market failed to overcome the 2325 area and is heading for a support retest. Ahead of the news (Core Retail Sales, Retail Sales), increased volatility is expected. Traders are expecting neutral-bullish data against the US market. If the figures are higher than...
OANDA:EURCHF is actively declining towards 0.9677 and is not ready to go up yet. Based on the general fundamental background, the currency pair may continue to fall towards 0.96 or 0.95 After a false breakdown of the range support, there is no strong reaction and the price returns to the level (retest). Fundamentally, CHF is stronger than EUR. The reason for...
As you can see gold is currently trading in the higher range of the bigger triangle pattern formation in higher TF. Waiting for the clear direction for a sell or buy. Bias towards downside to complete the pattern and give a breakout towards upside in later this month or coming month.
Gold analysis: Metal ready to take off again? Gold technical analysis Metal remains fundamentally support, so we could see a renewed rally. This week’s macro highlights include FOMC policy decision, NFP and ISM PMIs. Gold technical analysis shows prices respecting the 21-day exponential moving average.
US30 Technical analysis in this Analysis we can see some sell level which I shared, watch it carefully and follow price action.
AUD/USD has been consolidating within a 120-pip range for the past 6+ weeks, and there are no imminent signs of that range breaking. However, forex traders may still want to prepare for a potential bullish breakout (helped along by a hawkish RBA meeting and weak US retail sales data). In that scenario, a clean break above 0.6700 could open the door for a...
From a purely technical perspective, USD/JPY remains in a well-defined uptrend that started just after Christmas. Over the last few weeks, the pair has carved out a clear ascending triangle pattern with resistance at 158.00, suggesting that a break above could quickly expose the 30+ year highs near 160.00. The only fly in the proverbial ointment is the BOJ, which...
Hi Again, Today I am sharing opportunity for long positions just before much anticipated FOMC meeting tonight. Call it a risky trade, but if longing US30 now is risky, what the hell are currencies, gold and especially, NASDAQ and SPX doing ?? The plan is to attack 39700 area and break ATH. Who said 40000 Dow Jones is the limit? Stop loss up to you. Safe stop...