Attention Traders, In today's trading session, our focus is on USDJPY, where we're eyeing a potential selling opportunity around the 155.700 zone. Currently, USDJPY is entrenched in a downtrend, undergoing a correction phase as it nears the critical support and resistance area at 155.700. From a fundamental perspective, there's notable contention in the market...
๐ Let's analyze and review this cryptocurrency coin together, as we might find new entry points. ๐ In the weekly timeframe, after price support at 0.0771, buyers began entering the market, and we saw green candles that broke through the 600-day weekly box, making a sharp upward move past 0.1880. ๐ป Following this, we hit the significant resistance at 0.4545....
NSE:DIXON Long time RS positive stock. retesting the 8200 levels after breaking out. Heading towards all time high.
Treasury bond TLT has been trading lower since the start of 2024, but after an impulsive rally at the end of 2023, we believe it's just making and finishing a deep A-B-C corrective decline. It's actually now coming into key strong support zone at 61,8% - 78,6% Fibo. retracement and channel support line, from where we should be aware of bounce, recovery and...
Trade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend. Trend Traders: It bounced off of $80 support and could approach $100 but itโs a higher risk trade setup since overall trend is down. Price needs to break back above 200-day MA (~$100) to resume its...
EURUSD may retrace from a key daily resistance. The market looks quite overbought after yesterday's bullish rally. As a confirmation, I see a bull trap on an hourly time frame followed by a bearish imbalance. Goals: 1.085 / 1.0835 โค๏ธPlease, support my work with like, thank you!โค๏ธ
Huge Bull Pennant BREAKOUT today for #Bitcoin ! Massive VOLUME coming with the move and price closed above 50MA The RSI looks GREAT and I'm leaning Bullish, but here's a Bull & Bear scenario for the next couple months CRYPTOCAP:BTC coming up to critical resistance at $67,3 If we can close a few days above that level we'll range ~$69,6 Then retest $64,6...
BUY ABOVE - 47730 SL - 47450 TARGETS - 47930,48050,48220 SELL BELOW - 47570 SL - 47730 TARGETS - 47400,47200,47000 NO TRADE ZONE - 47570 to 47730 Previous Day High - 47930 Previous Day Low - 47570 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...
BUY ABOVE - 22230 SL - 22190 TARGETS - 22270,22300,22350 SELL BELOW - 22190 SL - 22230 TARGETS - 22160,22120,22070 NO TRADE ZONE - 22190 to 22230 Previous Day High - 22300 Previous Day Low - 22160 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...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08350 zone, EURUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.08350 support and resistance area. Fundamentally the CPI of today was quiet priced, nothing...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36700 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36700 support and resistance area. Trade safe, Joe.
Guys if you like my analyse please Boost this post and follow me on tradingview lets Start with the analyse GOld 15/05/24 : Yesterday We had Uncle Jerome talks he mentioned alot of things these are the points he mentioned ๐ฅ Jerome Powell: It is reasonable that job vacancies will decrease without a significant increase in unemployment. ๐ฅ Jerome Powell: Our...
Hey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.09800 zone, AUDNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09800 support and resistance area. Trade safe, Joe.
๐ Let's conduct an in-depth analysis of the esteemed cryptocurrency, FTM, and identify our potential setups in the lower timeframes. ๐ In the weekly timeframe, contrary to the majority of coins, FTM has broken free from its prolonged weekly range after approximately 600 days, advancing towards the significant resistance level of 1.0950. This bullish movement...
Trade setup : Trends are mixed to down. Price has broken out of a Channel Down pattern but itโs now retesting that breakout level. If successful, price could revisit $0.22. Stop Loss (SL) level at $0.175. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) โ initiate a trade when the price breaks through the...
GBPCAD may drop from a solid falling trend line on a daily. I see a strong intraday bearish confirmation after its test on an hourly time frame - bearish breakout of a neckline of an inverted cup and handle pattern. The price can retrace at least to 1.715 โค๏ธPlease, support my work with like, thank you!โค๏ธ
Yesterday's US fundamental data made EURUSD very bullish and the pair managed to violate a significant structure resistance. Retesting the broken structure, the price broke a resistance line of a bullish flag pattern on an hourly time frame, indicating a highly probable bullish continuation to day. Next resistance - 1.0835 โค๏ธPlease, support my work with...
Today's focus: SPX500 Pattern โ Continuation Support โ 5211 Resistance โ 5267 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at SPX500 on its daily chart. Today, we wonder if the SPX500 can maintain its current bullish bias and possibly test or break all-time highs. Yesterday, buyers fought back after the PPI data, helped by...