Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85100 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85100 support and resistance area. Trade safe, Joe.
Maharashtra Seamless , a leading manufacturer of seamless pipes in India, is showing technical patterns that suggest a potential swing trading opportunity. Reasons are listed below : Support at 800 Level : The 800 level has proven to be a strong support zone, indicating significant buying interest at this price point. 0.382 Fibonacci Level Support : The price...
Nice head and shoulders ?! I think inj can drop to 20 $ if head and shoulders approve
Observing the Monthly-timeframe movement on USD/CAD, it could be inferred that the price has rejected the upper barrier of the rectangular range as mapped on the graph and formulated a new top. From here, in the upcoming long run, we are anticipating for the price to keep declining and, eventually, reach the lower boundary of the channel as indicated on the graph.
Observing the ongoing build-up on the Daily-timeframe graph, it could be inferred that the price has been developing for potentially upcoming bullish moves. Having spiked below the local key level and grabbed liquidity, we might imply that a bullish wave is ready to commence. Thus, having set buy positions with the stop-out order below the recent liquidity wick,...
Initially, looking at the Weekly-timeframe chart on the left-hand side of the screen, it could be inferred that the price has been unable to break below the major key zone of 1.072 and, ever since, it has been impulsing in the upside destination. Judging by the ongoing build-up, the bullish wave does not show any signs of stoppage and is continuing to move in the...
BSE, one of the leading stock exchanges in India, is showing technical indicators that suggest a potential swing trading opportunity. Reasons are listed below : Strong Support Zone at 2600 : The 2600 level has proven to be a robust support zone, indicating significant buying interest and a strong base for a potential price rebound. Bullish Marubozu Candle :...
BUY ABOVE - 22500 SL - 22420 TARGETS - 22550,22600,22650 SELL BELOW - 22420 SL - 22500 TARGETS - 22350,22300,22230 NO TRADE ZONE - 22500 to 22550 Previous Day High - 22700 Previous Day Low - 22420 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
💹 Let's dive in and analyze MKR, a crypto coin that has recently shown significant growth. We'll update our previous analysis and check new triggers together. 🛡️ Weekly Time Frame Analysis: In the weekly time frame, MKR is one of the rare coins that has broken out of its box and started an upward trend, moving in tandem with Bitcoin. It has risen from $503 to a...
Judging by the Daily-timeframe build-up, we might imply that the price has nicely tapped into the liquidity region laying above the right shoulder of the recently formulated Head&Shoulders pattern, and now we are observing bearish moves in the destination of two zones - the pattern neckline and the 0.888 key level. Upon reaching the pattern neckline (0.9 region),...
NZDUSD analysis 1 hour time frame The price can move up to the top of its 1-hour range and continue to fall from there.
Analysis of GBP Time frame of 4 hours From these ranges, the price can drop to the range of 26,500
On the monthly we are currently witnessing the formation of a descending trangle in preparation for a breakout to the upside if we cross 1.13093 or to the downside if we cross 1.04898. This level has been mitigated back in July 2022 taking all buy side liquidity in the process beofre returning to create the new support level to begin a new wyckoff accumilation...
Euro analysis Time frame of 4 hours Any rise in the euro gives us the opportunity to trade shorts to reach the 4-hour demand areas.
Euro analysis Time frame of 4 hours Any rise in the euro gives us the opportunity to trade shorts to reach the 4-hour demand areas.
Dollar Index nicely respected a key daily horizontal resistance. I see a double top formation on an hourly time frame and a confirmed violation of its neckline. I think that the market may drop at least to 104.43 before the news. ❤️Please, support my work with like, thank you!❤️
USDJPY is on supporta nd grab liquidity from here then we can see upside move and take tp around 0.5 FIB level. Manage your risk accordingly.
For Stacks (STXUSD), we see a Fair-Value Gap (FVG) on the weekly chart, along with similar gaps on the three-day and daily charts, plus a demand zone below. Our plan is to use these weekly FVGs and the demand zone for Dollar-Cost Averaging (DCA) entry points if the price drops to those levels. We see $1.31 as the maximum downside. On the upside, we aim to reclaim...