NVDIA corporation (NVDA) is on the 3rd straight week of losses following the mid-June High, which was a Higher High at the top of the 20-month Channel Up. During that time the stock turns into a Buy only after it breaks below its 1D MA50 (red trend-line). As you can see some times the bottom process takes longer, other times it is very short. The 1W MA50 (blue...
NOTCOIN is consistently making lower H's and L's. The internal structure is NOT bearish. We can consider this recent bullish wave as a pullback for the substructure. By maintaining the supply range, it can move towards the specified targets. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget...
Hello traders ,what do you think about EURUSD ?Today, the Euro opened with a positive gap. It is expected to start its upward trend after the pullback to the specified level and filling the gap If this post was useful to you, do not forget to like and comment.❤️
Dear Traders, 🚀📈 We are convening a discussion focused on #ACHUSDT #ACHUSDT 🔎🚀 ------------------------- ⏰ Time Frame: 1D 🤑🤞 The Symmetrical Triangle Breakout Has Already Done ✅😎 And it also broke the previous Resistance level So,I am Expecting a Bearish Move towards 0.01280% if retesting done successfully otherwise If candle closes above the previous resistance...
Last week, the S&P 500's attempt to break out to new highs ended in a dramatic reversal, forming a bearish engulfing pin-bar candle. This key technical pattern, alongside a negative RSI divergence, signals waning bullish momentum and raises the probability of a market pullback. Failed Breakout and Bearish Indicators: On Friday, the S&P 500 attempted to break...
Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~...
The EUR/AUD currency pair is presently trading within a defined range area. Technical indicators show that the price is in oversold conditions, suggesting that a rebound is likely. Our area of interest is the Demand zone, where we expect to see a significant price increase. This expectation is supported by the fact that institutional traders are holding major long...
This AUD/USD pair could completed its correction already Wave (1) = diagonal Wave (2) = complex correction W-X-Y (expanded triangle) Wave 1-2 (expanded flat completed last night 26/6/2024) of 3 If this wave count is valid, possible short term target (days-weeks) are 1) 0.68 2) 0.694 Price should not go lower than 0.664 If it goes lower than 0.658 -> this...
The EURUSD price recently broke and closed above an important daily resistance level after a period of consolidation. This broken structure now acts as a new resistance area. There is currently a retest of this broken structure going on. To consider going long on the pair with confirmation, look for a bullish flag pattern on the 4-hour timeframe....
AUD/USD the end of the accumulation? Since May 15, the AUD/USD currency pair has been in a consolidation phase within an upward trend, forming a cup-shaped pattern. This technical phenomenon is often interpreted as a signal for the continuation of the upward trend, which inspires optimism among investors. Such formations suggest that the market is going through...
Possibility on usdcad.wait for price to reach our optimal entry point before executing trades.
Today, the European stock market experienced significant downturns due to concerns about a weak economic outlook. This has pressured the Euro, leading to its weakness against the US Dollar. The overall trend for the EURUSD currency pair is currently bearish. The Euro has dropped to its lowest level in the past month against the US Dollar. We can see that EURUSD...
The correction might be over here, or might not be over; I don't know, this is not a trade idea for spotting an opportunity, I just want to make an observation. Notice how Chromia's (CHRUSDT) correction after its peak in March (same as with the rest of the market), pushed prices to the same level as January 2024. Many of the altcoins that produced a strong...
Here are my thoughts for today, Gold is currently trading at resistance on the daily, a break out can give us a huge move to the upside and a rejection could give us a huge move to the downside. What are your thoughts
NAS100USD HELLO TRADERS Tendency the price closer a support trendline , indicating the price is under bearish pressure TURNING LEVEL : a blue line a round 19,903 , which indicates two cases , the first cases until the price trade below 19,903 reach a support level , the second case the price breaking 19,903 , the price created a new historical peaks ...
This is what I am basing mine on for the bear market (I am basing mine on what I believe to be true!) Technical Section: Expanded Flat in play Pattern = Double top Target 1 = $ 2300 Target 2 = $ 2280 Target 3 - $ 2200 Invalidation level = $ 2471
USDJPY Prints multi-decade high. Price Reached 160.40 The price for USDJPY today reached 160.40 by printing also a multi-decade high. If we are going to look at the left side of the structure USDJPY tested April1990 and June 1986 price levels. The big question is When the BOJ will decide to intervene in the market after making its currency looking like a...
GBPUSD has faced three significant bearish pushes right into a major support zone but has failed to break through. This inability to breach the support, despite repeated attempts, signals strong buying interest at these levels. Consequently, this consolidation and failed breakdown indicate a potential bullish reversal, with the expectation of a considerable rise...